Recent information disclosed by Sotheby’s auction house reveals that the digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million in a New York auction held on June 15. In the aftermath of Luna and TerraUSD cryptocurrencies collapsing, 3AC was the first major crypto firm to file for bankruptcy…
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The United States inflation rate has slowed down, with May recording a 4% rate–the lowest yearly figure since March 2021. The drop in inflation may prompt the U.S. Federal Reserve to avoid raising interest rates during its upcoming Wednesday conference, prompting market observers to closely monitor the situation. With the current economic situation in mind,…
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After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This Week’s NFT Sales Follow Crypto Market’s Nosedive Sales of non-fungible tokens (NFTs)…
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Despite running on a Polkadot parachain, Grill.chat lets users post using Ethereum wallets and send payments via Polygon. Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a…
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The U.S. House Financial Services Committee will hold a hearing on June 13 on the topic of cryptocurrencies, potentially giving more clarity to the markets. The committee oversees matters like the Federal Reserve Board, the US Treasury, and currency. How might this affect the cryptocurrency market and the selection of the best cryptos to buy…
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Despite an incredible surge of over 50,000% between April 15 and May 5, Pepe Coin (PEPE) is experiencing a significant decline of more than 60% from its peak, with 15% of the drop occurring in the past week. Uncertainty looms over the meme coin’s future potential, causing market participants to question how much further the…
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According to Venket Naga, the CEO of Serenity Shield — a privacy-preserving decentralized application — many of today’s crypto holders understand the importance of not just protecting and preserving their assets but the ability “to pass them on in case of unexpected events.” In written answers to questions sent by Bitcoin.com News, Naga also argued…
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According to Google Trends, worldwide interest surrounding the term “bitcoin” has plummeted to its lowest point since October 2022, registering a mere 17 out of 100. The active interest for the term has taken a nosedive since June 2022, when the search query for bitcoin reached a score of 64 out of 100. Global Interest…
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Previously unrecognized Ordinals inscriptions will be indexed by the protocol following the upgrade, which will allow them to be traded. Developers behind the Bitcoin Ordinals protocol have rolled out a new upgrade that aims to cure over 71,000 invalid or “cursed” inscriptions — allowing them to be traded. “Cursed inscriptions” was the name given to…
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While non-fungible token (NFT) sales witnessed a substantial increase in May, demonstrating significant progress, recent data indicates that NFT sales have soared by 39.35% within just the last week alone. Furthermore, sales figures for the trailing week demonstrate that the Bitcoin blockchain maintains its rank as second in weekly sales volume. Ethereum Dominates NFT Market…
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