Cross-chain NFT marketplace Magic Eden, which recently jumped to the top of the pack amid growing interest in Bitcoin Ordinals, announced Friday that it plans to support the upcoming Runes fungible token standard on Bitcoin. “Ordinals, Rewards, Runes. The Future of BTC is on Magic Eden,” the marketplace tweeted along with a teaser video. The Rune protocol is set to…
Spot Bitcoin exchange-traded funds (ETFs) in the United States experienced net inflows for the fourth consecutive day, concluding the month with robust activity. As of March 28, the daily total net inflow for spot Bitcoin ETFs in the U.S. amounted to $183 million, contributing to a cumulative total net inflow of approximately $12.13 billion. Data from SoSo Value indicates these…
In a recent blog post, Ethereum co-founder Vitalik Buterin shared his thoughts on memecoins and their potential to contribute positively to the cryptocurrency space. Buterin expressed his general disapproval of negative memecoins but emphasized the importance of fostering “good ones” that make constructive contributions. Highlighting one of his moral principles, Buterin stated his lack of enthusiasm for memecoins associated with…
Bitcoin futures open interest on centralized exchanges has surged to a new peak, reaching $38 billion. This uptick in open interest correlates with Bitcoin’s price spike to $70,000, marking a 66% increase year-to-date. The heightened open interest for Bitcoin futures suggests increased trading activity surrounding the leading cryptocurrency by market capitalization. CoinGlass reports that aggregated open interest for Bitcoin futures…
Nifty Island, an Ethereum blockchain game built around user-generated content, announced Friday that it’s launching a two-part speedrunning challenge around a new play mode called “Break the Targets”—and both level creators and players can earn NFT rewards for getting involved. Over the weekend, level creators can design their own unique courses around the play mode, giving players courses in which…
On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device features a hashrate of approximately 234 terahash per second (TH/s) and boasts a much lower energy efficiency of 15 joules per terahash (J/T). New Antminer […] Source: https://news.bitcoin.com/bitmain-reveals-s21-pro-bitcoin-miner-pioneering-15-joules-per-terahash/
Investors are again putting cash into Bitcoin exchange-traded funds (ETFs) after a cool off last week. On Thursday, for the third consecutive day in a row, more than $100 million entered the popular new funds, data from BitMEX Research shows. The week got off to a slow start with only $1 million entering the funds on Monday. But things quickly…
A string of wallet drainer attacks on Solana over the last day may be tied to Telegram trading bots, although the team behind the most prominent one—BONKbot—denies that the exploit is tied to their application. Numerous reports of Solana wallets being emptied of their SOL popped up over the past several hours on Twitter, with some users pointing the finger…
Concerned that computer scientist Craig Wright might attempt to evade the financial judgment levied against him after a UK court determined that he is not the creator of Bitcoin, the judge issued an order Thursday freezing a significant chunk of his assets. In a court document shared by the Bitcoin Legal Defense Fund, the “worldwide freezing order” imposed by judge…
On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Interest Reaches Unprecedented $37.55 Billion Since the close of 2023, interest in bitcoin (BTC) derivatives has escalated, reaching […] Source: https://news.bitcoin.com/bitcoin-futures-open-interest-hits-record-37-55-billion-with-cme-leading-the-pack/
