Bitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reported
Bitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reportedThe increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high.Happy Monday!The global crypto market cap is $1.55 trillion, with a 24-hour volume of $62.51 billion. The price of Bitcoin is $41,356.11, and BTC market dominance is 52.1%. The price of Ethereum is $2,156.12, and ETH market dominance is 16.7%. The best-performing sector is Cannabis, which gained 19%. The Crypto Fear & Greed Index is currently Greed (65). Top NewsBitcoin dips amid surge in Ordinals minting, $166M in crypto liquidations reportedThe increased minting of Ordinals-like transaction clogged the Bitcoin network, pushing transaction fees very high. FTX creditors stand to collectively lose millions under new reogranization planFTX's amended reorganization plan proposes to value the assets of creditors according to crypto prices on Nov. 11, 2022. Arweave AR token value drops 13% amid contentious hard fork debateArweave alleges that Irys approach to its fork is unethical and driven by greed, Irys responds. Latest Insights
More NewsSolana DEXs momentarily outpace Ethereum amid surge in memecoin, stablecoin activitySolana's DEXs are on course to exceed $10 billion in monthly trading volume. Tether USDT discount on exchanges hit 5-month high following revelation of collaboration with US authoritiesTether's collaboration with the U.S. authorities has drawn extensive criticism from crypto stakeholders. Blockchain private credit and tokenized treasuries value hits combined $1.34B continuing RWA resurgenceSurging 127% since 2023, blockchain-based private credit outpaces traditional markets growth with lower borrowing costs and increased transparency. Bitcoin miner Hut 8 to develop mining facility for bankrupt Celsius in TexasHut 8 said mining site will house around 66,000 miners and will be powered by more than 215 megawatts (MW) of energy. Crypto heavyweights invest $78 million in US PACs aiming for regulation-friendly legislatorsAmid regulatory challenges, crypto leaders funnel millions into political support for a pro-tech future. |
Older messages
The rise of CBDCs: What lies ahead for crypto and Bitcoin?
Sunday, December 17, 2023
CryptoSlate's latest market report dives deep into the evolving role of central bank digital currencies, their potential to redefine global finance and their complex relationship with
BlackRock previews AI co-pilot; attends high-level SEC meeting on spot Bitcoin ETF
Saturday, December 16, 2023
BlackRock made news on two emerging tech fronts this week, unveiling its new AI tool while advancing talks on its spot Bitcoin ETF application.
Gary Gensler acknowledges SEC’s ‘new look’ at Bitcoin ETFs post-Grayscale decision
Friday, December 15, 2023
The SEC chair acknowledged the number of pending ETFs but also warned of widespread noncompliance in crypto.
Meager Bitcoin recovery above $40k backfires for futures traders causing further $185M in liquidations
Friday, December 15, 2023
Notably, long traders on the crypto market lost nearly $150 million during the past day.
Gary Gensler dismisses role of crypto in capital markets while fielding Bitcoin ETF questions
Friday, December 15, 2023
The SEC Chair appeared prepared to speak extensively on new reforms in Treasury markets, but found himself answering inevitable questions about pending Bitcoin ETF applications.
You Might Also Like
Growth Through Participative Ideation | BanklessDAO Weekly Rollup
Saturday, September 7, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $54k as market sees volatility following jobs data
Saturday, September 7, 2024
Bitcoin fell below $54000 as uncertainty over potential rate cuts led to heightened market turbulence. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The fastest growing DePIN project 🔥
Saturday, September 7, 2024
How to get a free unlimited phone plan 📲
Weekly Project Updates: EIGEN Announces Second Season Airdrop, Ethena Concludes Second Airdrop, Matter Labs to Lay…
Saturday, September 7, 2024
The Eigen Foundation has announced the launch of the EIGEN Season 2 Stakedrop airdrop. For the second season, approximately 70 million EIGEN (around 4.2% FDV) will be allocated to stakers and operators
Curling at Futurist; Living on Litecoin; Flexa SDK launch
Friday, September 6, 2024
Ampera at the Blockchain Futurist Conference 🥌 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Will the Fed stick the soft landing? 🛬
Friday, September 6, 2024
PLUS: Crypto's top earners of 2024 (so far) 💰
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Friday, September 6, 2024
Chainalysis warned that Russia could leverage local exchanges like Garantex for tax evasion efforts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 🐱 CryptoKitties resurges as its ‘Egg’ NFTs soar by over 40x; BAYC announces a pa…
Friday, September 6, 2024
CryptoKitties resurges as its 'Egg' NFTs soar by over 40x. BAYC announces partnership with BMW and releases a mini-game. Mysten Labs launches gaming device SuiPlay0X1, integrating the Sui
WuBlockchain Weekly: Japan May Continue Rate Hikes, 96% of NFTs Approaching 'Death', CZ Banned for Life from Manag…
Friday, September 6, 2024
The US reported an increase of 99000 jobs in August according to the ADP employment data, marking the smallest growth since January 2021, falling short of the expected 145000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Waddup, fat app! 🍔
Thursday, September 5, 2024
We need a wellness check on the crypto ETFs, stat!