News Explorer — Bitcoin Ordinals Support Lifts Magic Eden to Top NFT Marketplace

Generated by AI, curated by humans

Mar 4, 11:45 pm

Decrypt

Bitcoin Ordinals Support Lifts Magic Eden to Top NFT Marketplace

Magic Eden has become the top NFT marketplace by trading volume, surpassing OpenSea and other platforms. The marketplace's support for Bitcoin Ordinals, a popular chain for unique digital assets, has contributed to its recent surge. Over the last 24 hours, 84% of Magic Eden's trading volume came from Ordinals sales.

Magic Eden has become the top NFT marketplace by trading volume, surpassing OpenSea and other platforms. The marketplace's support for Bitcoin Ordinals, a popular chain for unique digital assets, has contributed to its recent surge. Over the last 24 hours, 84% of Magic Eden's trading volume came from Ordinals sales.

Latest

Jun 13, 2:01 pm

Decrypt

Israeli Airstrikes Led Investors to Flock to Gold While Bitcoin and Altcoins Faced Liquidations

Israeli airstrikes on Iranian nuclear facilities caused global market instability, prompting investors to seek safety in... Read Summary

Jun 13, 1:33 pm

Blockworks

BlackRock COO Sees Vast Opportunities in Crypto, Emphasizing Early Stages of Innovation and Growth

BlackRock COO Rob Goldstein highlighted the firm's interest in crypto since 2017, emphasizing the potential of stablecoi... Read Summary

Jun 13, 1:03 pm

Blockworks

The Fed Is Expected to Delay Rate Cuts, Wait for More Economic Data

The Fed faces pressure to cut interest rates, but with a 97% implied probability to pause, they are likely to wait for m... Read Summary

Jun 13, 12:42 pm

DL News

Gensler-era Crypto Rules Could Have Restricted Institutional Access, Affected Developers and DeFi

Over a dozen Gensler-era crypto rule proposals were withdrawn by the SEC, including the qualified custody rule that coul... Read Summary

Jun 13, 10:15 am

Cointelegraph

Walmart, Amazon Mull Issuing Stablecoins: WSJ

Walmart and Amazon are considering issuing their own US dollar-backed stablecoins, potentially diverting billions in cas... Read Summary

Jun 13, 6:43 am

Decrypt

Chinese Fugitive Arrested at Thailand Airport for Allegedly Stealing Millions in Bitcoin

A Chinese fugitive, Tianwei, was arrested at Don Mueang Airport while trying to flee to Singapore, ending a manhunt link... Read Summary

Jun 13, 6:21 am

Decrypt

Coinbase Launches Branded Credit Card With Bitcoin Rewards for Coinbase One Subscribers

Coinbase has introduced its first branded credit card, offering up to 4% Bitcoin back on purchases exclusively to U.S.-b... Read Summary

Jun 13, 5:27 am

Decrypt

Toy Maker Mattel Taps Sam Altman's Company For AI-Powered Products

Mattel has partnered with OpenAI to create AI-powered products, marking OpenAI's move into consumer entertainment. Safet... Read Summary

Jun 13, 4:31 am

Decrypt

SEC, Ripple Ask US Court to Release $125M Held in Escrow Following Injunction

A joint motion by the SEC and Ripple Labs seeks to dissolve an injunction and release $125 million held in escrow. Rippl... Read Summary

Jun 13, 4:09 am

Decrypt

Shaquille O’Neal Settles Class Action Lawsuit Over Promotion of Collapsed Crypto Exchange FTX

Shaquille O’Neal has agreed to pay $1.8 million in a class action lawsuit related to promoting the collapsed crypto exch... Read Summary

Jun 13, 2:48 am

Decrypt

SEC Punts Review Periods for Dogecoin, HBAR ETF Applications

Multiple crypto ETF applications, including Dogecoin and HBAR, face extended review periods by the U.S. Securities and E... Read Summary

Jun 13, 12:48 am

Decrypt

Bitcoin Drops as Israel Airstrikes Hit Iranian Targets

Bitcoin experienced a more than 4% drop following Israel's airstrikes on Iranian targets, leading to a broader selloff i... Read Summary

Jun 12, 9:55 pm

Decrypt

Publicly Traded Tech Company Plots $500 Million XRP Treasury

Trident, a publicly traded technology services company, intends to raise $500 million for an XRP treasury, with plans to... Read Summary

Jun 12, 9:41 pm

Decrypt

Crypto Liquidations Soar as Bitcoin, XRP and Solana Fall

Over $1 billion worth of crypto positions have been liquidated in the past day, with Bitcoin leading at $317 million. Et... Read Summary

Jun 12, 8:13 pm

Decrypt

What to Expect From the New 'FIFA Rivals'—And 'NFL Rivals' Too

FIFA Rivals, a new mobile blockchain game by Mythical Games, is expected to have a significant impact due to its licensi... Read Summary