[ad_1] Crypto change OKX’s nonfungible token (NFT) arm surpassed the 24-hour buying and selling quantity of different distinguished NFT marketplaces like OpenSea, Blur and Magic Eden. On Dec. 18, the OKX NFT market recorded a day by day buying and selling quantity of round $50 million at round 10:00 am UTC, according to decentralized functions (DApp) knowledge tracker DappRadar. On the time of writing, the platform’s buying and selling quantity has dropped
[ad_1] The Canadian Bitcoin mining agency Hut 8 has signed an interim settlement to launch a brand new mining web site in Cedarvale, Texas, in reference to the Celsius Community chapter proceedings.Saying the information on Dec. 18, Hut 8 stated that the mining web site will home virtually 66,000 miners and might be powered by greater than 215 megawatts (MW) of power.Hut 8 president Asher Genoot stated that the settlement
[ad_1] Whereas the crypto neighborhood eagerly awaits the doable approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the USA, some ETF analysts are warning this might doubtlessly set off undesirable penalties for cryptocurrency exchanges.A number of trade observers have predicted {that a} spot BTC ETF could start trading in early 2024, an occasion that, paired with Bitcoin’s fourth halving anticipated in April, Blockstream CEO Adam Back believes could propel
[ad_1] The metaverse know-how firm Unbelievable has announced in an end-of-the-year assertion on Dec. 18 that it had offered its Web3 gaming enterprise, The Multiplayer Group, to Key phrases Studios for £76.5 million ($97.1 million).Herman Narula, the co-founder and CEO of Unbelievable, known as Key phrases “a like-minded enterprise companion” and stated he was delighted to see MPG embark on a brand new chapter. Key phrases works with giant names within
[ad_1] The Solana (SOL) memecoin frenzy continues as a dealer turns $226,000 into effectively over $1.6 million by playing on a token with a beanie-wearing canine as its mascot. Between Dec. 13 and Dec. 15, a crypto dealer purchased over 19 million Dogwifhat (WIF) tokens, a dog-themed memecoin, because it debuted on the markets throughout the Solana community. In response to blockchain analytics agency Lookonchain, the dealer purchased the tokens at
[ad_1] Bitcoin (BTC) begins a brand new week in dangerous territory as sell-offs from whales mark a change in temper.The most recent weekly shut has completed little to consolation nervous merchants as a pause in “up solely” BTC worth exercise continues.With simply two weeks to go till the yearly candle concludes, the countdown is on — along with the stress — throughout threat belongings.Macro information releases — key short-term volatility
[ad_1] Crypto change FTX has been burning by means of roughly $53,000 each hour over the three months ending Oct. 31 — simply on chapter legal professionals and advisers, the newest spherical of compensation filings present. Court docket filings from Dec. 5 to Dec. 16 have proven that the chapter legal professionals have charged an collected complete of no less than $118.1 million between Aug. 1 and Oct. 31. Over the
[ad_1] Community transaction charges throughout all blockchains have spiked over the weekend because the Ordinals inscriptions craze continues to push demand for blockspace — not simply on the Bitcoin community.Inscriptions on Ethereum Digital Machine (EVM) chains skyrocketed over the weekend, inflicting a spike in fuel spent on them.On Dec. 16, fuel spent on inscriptions surged to a file excessive of $8.3 million, according to knowledge from Dune Analytics.The Avalanche community
