China News Official Today TheBitTimes.com

The total market value of cryptocurrencies using the proof-of-stake consensus algorithm decreased by 7% at the end of Q3 to $254 billion. Such estimates are provided by the Kraken-related platform Staked. According to experts, the market share of such coins decreased by 2% to 22%. Ethereum (ETH) dominance in this segment – by 1%, to 79%. Source: Staked “ The lack of near term catalysts, regulatory uncertainty, and macro challenges left markets in a holding pattern. “ Staked report The value of assets locked in staking increased by 3% to $74b. Annualized rewards in value terms decreased by 7%, to $4.1b. The profitability of such operations amounted to 10.2%, which is 0.4% less than in Q2. Source: Staked The share of blocked coins from their current supply reached a record 52.4% (49.3% in Q2). The leaders in this regard were Aptos (84.1%), Sui (80.5%), Mina (77.6%), Solana (71.9%) and Cosmos (67.6%). The median value among the top 35 coins was 52.6%. ...

Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its own when it comes to decentralization. Cryptocurrencies have suffered immensely in 2022 from the onslaught of a hawkish Federal Reserve and the implosions of crypto platforms FTX, Terra, Celsius Network, and others. What were the most-searched cryptocurrencies in 2022? Notably, the market valuation of all the cryptocurrencies combined has dropped 70% year-to-date (YTD) to nearly $770 billion, signifying massive capitulations by traders and investors alike. The waning demand has also pushed the internet requests fo6r the keyword "buy cryptocurrency" to their lowest since February 2020, according to Google Trends. Interest in the  the keyword "buy cryptocurrency" over the past five years. Source: Google Trends Nonetheless, the latest Accenture's 2022 Global Consumer Payments report shows that retail interest in cryptocurrencies remains high ...