[ad_1] But buyer beware: the ordinals, as well as the 100 NFTs that one must buy to get it, cannot be traded by their owners until December 2024. The thread said this limitation is meant to restrict their appeal as “investment vehicles,” but in so doing, it also severely denigrates their appeal as NFTs. [ad_2] … Read more
[ad_1] Data shows the Bitcoin NVT Golden Cross indicator has recently dipped inside the undervalued zone, a sign that could be bullish for the price. Bitcoin NVT Golden Cross Has Entered The Bullish Territory An analyst in a CryptoQuant Quicktake post explained that the NVT Golden Cross has recently indicated upside potential. The “Network Value … Read more
[ad_1] The projects will need refinement so they don’t fall victim to the inherent limitations of the Bitcoin network, according to the authors. One particular upgrade on the radar is Stacks’ Nakamoto Release, designed to enable cheap BTC transfers on a L2, improving transaction speeds to around five seconds instead of 10 to 30 minutes … Read more
[ad_1] Decentralized exchange dYdX, which recently migrated from Ethereum to Cosmos, has replaced one of Uniswap’s markets as the largest DEX by daily trading volume, according to data from CoinMarketCap. The Cosmos-based v4 version of dYdX just saw $757 million of volume over a 24-hour period, topping Uniswap v3, which had $608 million, the data … Read more
[ad_1] “We are excited to see IBIT reach this milestone in its first week, reflecting strong investor demand,” Robert Mitchnick, Head of Digital Assets at BlackRock said via an email. “This is just the beginning. We have a long-term commitment focused on providing investors access to an iShares quality ETF.” [ad_2] Source link
[ad_1] The Bitcoin price has been experiencing a phase of stagnation over the past days, leaving investors and analysts searching for the underlying causes. Three key factors can be seen as central to explaining Bitcoin’s current sideways trading trend: #1 ETF Inflows Are Offset By GBTC Selling, But For How Much Longer? The spot Bitcoin … Read more