Bitcoin
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NFT
OKX Wallet’s Latest Update Unlocks a New Realm of Bitcoin NFTs—Here’s How
OKX, a prominent figure in the Web3 technology landscape, has recently announced a significant development earlier today. The tech company’s flagship product, the OKX Wallet, is now fully integrated with Gamma.io, the innovative Bitcoin NFT marketplace. This integration marks a pivotal moment for users within the OKX community, as it opens up new avenues for engaging with Bitcoin-based NFTs through…
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Web 3
Ordlify Partners with Magic Eden to Enhance the Bitcoin Ordinals Ecosystem
A no-code platform for developing Bitcoin Ordinals collections called Ordlify is entering a partnership with Magic Eden, a top cross-chain NFT marketplace, intending to further uplift the experience for creators and collectors within the Bitcoin Ordinals ecosystem. Magic Eden and Ordlify are now working together through the Ordlify Creator Studio to design, manage and inscribe Ordinals collections with an immediate…
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Ethereum
Bitcoin, Ethereum, and beyond: All about Hashdex’s new crypto ETF
Hashdex filed for the first index-based US crypto ETF holding Bitcoin and Ethereum. ETH ETFs saw $176.2 million inflows; Grayscale experienced $326.9 million outflows. Crypto asset management firm Hashdex has taken a significant step towards launching a groundbreaking exchange-traded fund (ETF) that directly holds spot Bitcoin [BTC] and Ethereum [ETH]. In a move that could establish the first index-based crypto…
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Ethereum
Can Ethereum ETFs outperform Bitcoin ETFs – Yes or No?
Expectations associated with Spot Ethereum ETFs are high on the back of their launch Ethereum’s utility, adoption, transactions, and fees could come in handy for the altcoin It has been more than 24 hours since Ethereum ETFs went live, with initial reports being fairly promising. In fact, the first day of trading reportedly yielded over $1 billion in trading volume.…
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Ethereum
Crypto week ahead: Will Bitcoin, Ethereum hit new highs?
Bitcoin has appreciated by over 4% in the last seven days. Most market indicators hinted at a price correction soon. Bitcoin [BTC] and Ethereum [ETH] displayed bullish performance over the last seven days as their weekly charts were green. Here’s a detailed look at the top two coins to find out how the crypto week ahead would be. Bitcoin and…
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Ethereum
Bitcoin dominance echoes May 2019: Will altcoin season lag again?
Analysts claimed that the Alt season could lag amidst a possible BTC dominance surge. But other observers expected the alt season to be trigged by the US spot ETH ETF launch. The altcoin market could hit an inflection point this week as US spot Ethereum [ETH] ETF begin to trade. As the largest altcoin, ETH performance could set the pace…
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Ethereum
Crypto market watch: How far can ‘Trump Trade’ boost Bitcoin?
Bitcoin has held firmly above $60K since mid-July. Several positive catalysts are lined up. Will BTC climb higher? After staying below $60K in the first half of July, Bitcoin [BTC] reclaimed the psychological level and previous range-low, partly induced by the Trump attack. The mid-week recovery extended, posting over 8% gains but hit an obstacle near $65K. As of press…
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NFT
Artist Brendan Murphy Launching Bitcoin ‘Spacemen’ via Ordinals
Famed artist Brendan Murphy is bringing his work to the Bitcoin blockchain, releasing a new “Frozen With Desire” collection using the Ordinals protocol. The collection consists of 3,100 Bitcoin Ordinal inscriptions featuring “Bitcoin Spacemen” illustrations inspired by Murphy’s real-world “Frozen With Desire” sculpture. The four-foot-tall “Frozen With Desire” astronaut piece—which contains 6,200 diamonds totaling 517 carats described as “responsibly sourced”—was…
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Blockchain
Bitcoin Developers Launch BTC-Backed Stablecoin As Rune Token
Crypto developers have leveraged the newly introduced Runes token standard to launch an all-new dollar-pegged stablecoin native to the Bitcoin blockchain. But there’s a twist: its developers told Decrypt that the token, USDh, is backed by and redeemable for BTC rather than actual cash. In fact, the stablecoin offers a yield to holders that they said could soar as high…
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Web 3
Bitcoin Didn’t Just Weather Last Week’s Storm, It Thrived in It!
TL;DR Last week the German government sold $2.2B worth of long-held Bitcoin, and prices actually went up (?) starting the week at ~$55k, and ended it at ~$60k (a ~$100B increase in market cap). Full Story You know that scene in Pulp Fiction where Vincent and Jules get shot at point blank and by some miracle not a single bullet…
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