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OKX Surges Ahead of OpenSea and Blur in NFT Race Thanks to Bitcoin Ordinals

OKX strategically positioned itself to ride the Ordinals wave, seizing the NFT crown amid exploding interest in Bitcoin-based creative assets. Cryptocurrency trading platform OKX has raced ahead of rivals to become the top marketplace for non-fungible tokens (NFT), recording over $50 million in daily NFT trading volume compared to $13 million on Blur and $3 million on OpenSea. This surge centers around Ordinals – unique NFTs built on the Bitcoin blockchain that have recently taken the...

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Bybit Unveils Crypto Ark Space in Dubai to Enhance Web3 Adoption

The first offering of Bybit’s Crypto Ark Space is the Crypto Ark Trading Academy, which will run every Thursday from 7:00 pm to 8:30 pm. The Bybit cryptocurrency exchange, a top-rated crypto firm with more than 20 million registered global users, has announced plans to ensure a seamless web3 adoption through its Crypto Ark Trading program. According to the statement, Bybit’s Crypto Ark has embarked on a journey to reshape the future of crypto collaboration beginning with its headquarters...

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FTX Bankruptcy Fees Reach $53,000 per Hour, Crypto Exchange Still Owes Over $1B

Even with the owed fees it has paid in trying to deal with bankruptcy issues, FTX continues to face mounting challenges. The collapse of cryptocurrency exchange FTX, previously valued at $32 billion, has resulted in exorbitant legal and advisory fees amounting to an average of $53,000 per hour within three months. According to recent filings with the bankruptcy court, FTX attempted to address its insolvency issues by spending an astounding $118.1 million on professional services between...

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Raiffeisen Schweiz schliesst sich SIX Digital Exchange an

Raiffeisen Schweiz Die Schweizer Digitalbörse SDX erhält Zuwachs: Mit Raiffeisen Schweiz schliesst sich eine der grössten Schweizer Bankengruppen der Handelsplattform an, wie aus einer Medienmitteilung vom Montag hervorgeht. Die von der Schweizer Finanzmarktaufsicht (FINMA) lizenzierte SDX betreibt eine Börse und eine Zentralverwahrung (CSD), welche auf der Distributed-Ledger-Technologie (DLT) basiert. Diese Mitgliedschaften positionieren Raiffeisen...

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VanEck: Rückblick auf das transformative Jahr der Kryptowährung 2023

NFTs betreten das Reich von Bitcoin NFTs, diese einzigartigen und nicht austauschbaren digitalen Vermögenswerte, die sicher auf Blockchains gespeichert sind, fanden ihren Weg in das Reich von Bitcoin. Während Bitcoin ein Veteran in der Krypto-Sphäre ist, hat sich seine jüngste Umarmung von NFTs als lukrativ erwiesen, mit einem Bruttohandelsvolumen von rund 401 Millionen US-Dollar im November, wenn auch hinter den atemberaubenden 433 Millionen US-Dollar von Ethereum (Cryptoslam, Daten vom...

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Crypto Stocks Down during Pre-market Hours as BTC Price Drops to $41K

With the Bitcoin mining landscape gaining steam, the competition is heating up and the most positioned miners will be the biggest beneficiaries moving forward. Today the price of Bitcoin (BTC) is down. The major crypto asset is treading below $41,000 this morning. The main crypto stocks in the pre-market are also in the red zone. Coinbase Global Inc (NASDAQ: COIN) is down 3% and is trading at around $143. MicroStrategy Inc (NASDAQ: MSTR) stock is down over 3%, trading at $551. Marathon...

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Ordinals-based Tap Protocol Raises $4.2M to Advance Bitcoin Adoption

Tap Protocol seeks to continue building new Bitcoin applications, ranging from fractionalization of Ordinals art and token functions for gaming applications.  Trac Systems, a German-based company and the parent entity of Tap Protocol, recently announced the completion of a funding round where it pulled the sum of $4.2 million from investors. The funding round was led by Sora Ventures and the capital raised is earmarked for the continued development of the company’s initiatives,...

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Blockchain Gaming Market Set to Skyrocket to $614 Billion by 2030

In a mid-December analysis, Fortune Business Insights forecasted that the global blockchain gaming market is poised for explosive growth, potentially reaching an estimated $614 billion within the next seven years. This projection represents a growth rate of nearly 300% from the current market value of $154 billion. North America Leads, with RPGs Dominating The report, which scrutinizes global sales data for blockchain game products from 2017 to 2021, reveals a compound annual...

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Decentralized Exchanges Bounce Back: $29 Billion Traded in November

The recent surge in cryptocurrency markets over the last month seems to have spilled over into the realm of decentralized finance (DeFi). The trading volume on decentralized exchanges (DEX) has traditionally been considerably lower than that of centralized exchanges (CEX). However, the recent market rally has led to increased activity, albeit at a somewhat slower pace. DEX Trading Volume Picks Up Pace According to research from Kaiko, major platforms such as Uniswap and Curve...

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Die beliebteste Digitalwährung aller Zeiten?

Bitcoin ist die bei weitem bekannteste Kryptowährung und machte Anfang 2023 etwa die Hälfte des Marktwerts aller Kryptowährungen aus. Daneben gibt es aber weltweit mehr als 20'000 handelbare Kryptowährungen und Token, die im Laufe der Jahre entstanden sind. Anlegerinnen und Anleger haben also die Qual der Wahl. Bitcoin bleibt trotz des Aufkommens zahlreicher anderer Kryptowährungen die beliebteste Digitalwährung aller Zeiten. Es gibt mehrere Gründe,...

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