13/08/2021 Coinbase says Ethereum volume tops Bitcoin as DeFi, NFTs gain popularity

Ethereum accounted for 26% of Coinbase volume in second quarter

Ethereum was the most traded cryptocurrency on the Coinbase exchange during the three months through June, as investors explored the world of decentralized finance.

Ticker Security Last Change Change %
COIN COINBASE GLOBAL, INC. 256.50 -21.90 -7.87%
 

Ethereum, the second-largest cryptocurrency by market capitalization, was responsible for 26% of the trading volume on Coinbase, compared to 24% for Bitcoin. A year ago, Bitcoin commanded 57% of total volume on the platform versus 15% for Ethereum. 

Total trading volume during the second quarter was $462 billion, up 1,550% from $28 billion a year ago. 

"Bitcoin may be a great store of wealth but most of the innovation that's happening in the crypto space right now is happening on the Ethereum blockchain," said Mati Greenspan, CEO of Quantum Economics, a Tel Aviv-based project aimed at helping people understand financial markets.

The Ethereum blockchain is used for both decentralized finance and non-fungible tokens, two applications that have recently taken the crypto world by storm.

Decentralized finance, or DeFi, does not rely on banks or other financial intermediaries to offer financial instruments, and instead uses the blockchain, most commonly Ethereum. 

A non-fungible token, or NFT, is a unit of data stored on the blockchain that says a digital asset is unique and cannot be replicated. This includes art, music and other types of digital files.

The interest in DeFi and NFTs has helped boost Ethereum’s price by 344% this year to $3,240 a token, giving the cryptocurrency a market capitalization of $380 billion, according to CoinMarketCap.com.

Bitcoin’s price, meanwhile, has climbed 58% this year to $46,490 a coin. Its market cap was more than $871 billion. 

Arts

https://www.foxbusiness.com/markets/coinbase-ethereum-volume-bitcoin-defi-nft-popularity

Interesting NFTs
Beautiful Worlds
Welcome to the ‘Beautiful worlds’ where nature and technology have merged into a single entity. These are Ai generated and hand finished visions of solarpunk future in which I would really like our future generations to live and prosper: the future we might have if we took the very “alternative route” which now lies before us: replacing states and corporations which free federations of communities and cooperatives, using decentralist and ecological technologies to create a world beyond economic scarcity and social hierarchy, defined by autonomy, mutual aid, diversity, and inclusiveness. The long-term goals of solarpunk are freedom and well-being for all by adopting and developing such ecological technologies as: solar, wind, wave and geothermal energy rather than oil or gas to generate electricity; a world of decentralized eco-cities, permaculture and vertical farming, free and open-source software, open-source hardware, small-scale fabrication laboratories, micro-manufacturing, 3D-printing, and countless examples of commons-based peer-production online: meeting the maximum amount of needs, in the shortest time, using the minimum possible amount of energy. It’s a world of decentralized and confederated eco-communities, using technology for human-centric and eco-centric ends rather than for accumulating power and profit – mending the metabolic rift between first nature (the natural world) and second nature (human culture) – and where social hierarchies of race, gender, sexuality, and disability are considered horror stories from the past “oil age”. Solarpunk desires societies of polycultural ethnic diversity and gender liberation, where each person is able to actualize themselves in societal environment of free experimentation and communal caring; This philosophy proposes that in order for the social and natural worlds to reconcile, humans must first transform their relations to each other – recreating society along egalitarian, cooperative, and democratic lines – and then transform their relations towards nature – adopting an attitude to cooperation, rather than domination, towards the planet and its nonhuman forms of life. Text by Connor Owens. This artwork took me a year to create and for you it will take a year to discover. Master autonomously updates once a day at 12am with one of 366 original artworks. Enjoy!
Forms of Love
The ever changing piece, that took you to understand the 10 forms of love. attach string to each of it,connect and try to understand it. how do you perceive it? it's up to you, it's part of me but also part of you at the same time. just don't use logic too much, we never live there anyway from the start.
Smile to Shreds, Neon Gwen
The First KayPikeFashion Mint Ever. Ever feel so joyful and were grinning so hard you felt you could split in half? That punk rebel yell of glee when you pull of a particularly refined stunt? This is the paint of dreams, fangs and neon. Hellish and hard to pull off. I was able to with this work quietly paint a sweet inner tale of childhood influences, rat fink and autobody shops. All while pretending to paint gwenom for the audience. More on that in bonus material. This is my alternate animation made specifically for crypto art collectors. It will only ever exist in this format. You get the Shiny, unused in media verified image. More on that in the bonus material. Mixed Media: Bio/Digital. Glycerin on 5'9" human skin 10-14 hours Performance art. Shot on Canon EOS RP. 16 + hours Photoshop and DaVinci Resolve. All Works are SFW. Art has been Seen on the front page of Reddit, Featured in the New York Times, Galileo.tv, and multiple other promotions including Twitch.tv, Disney Interactive, RIOT games, WB games, AMD and more! More on how this art is unique and potentially explosive in the NFT world: https://youtu.be/CXbNF2Y6srs ------------------------- The purchase of this NFT Grants the buyer unique bonus material. Physical Mail Bonus Package: A verified physical Art Print. Autographed from the artist in 12x16. Please allow a few weeks for delivery. Digital Bonus Package: This image in .mp4. An "About the Art" Video and an "From the Artist" introduction. A README.txt about the artwork with some personal notes and Links relevant to the artwork.
#85699
By OthersideDeployer
Gnarlyjoy
A character from The Beacon