Bitcoin NFT inscription activity has remained strong with consistency in the daily number of NFTs inscribed on Bitcoin. At the same time, the infrastructure to foster Bitcoin trading is finally coming together with the development of wallets and marketplaces supporting Ordinals. NFT marketplaces, Gamma and Magic Eden, added support for …

Arbitrum developers announced an airdrop of its governance token, ARB, to eligible users and DAOs on the Ethereum Layer-2 platform. An average user received around 625 ARB tokens, which corresponds to around $625 to $1,250, according to pre-launch trading prices and popular estimations. The prospect of earning free money has …

Bitcoin’s (BTC) price broke above the February 2023 highs of $25,200 after U.S. inflation data was in consensus with the market expectation. The potential fallout of the global banking system further promoted Bitcoin investment as a non-correlated global hedging instrument similar to gold in March. The correlation between gold and …

The Cosmos neighborhood has authorized a vote so as to add “replicated security (RS)” to its chain, with 99.99% of votes in favor of the movement. The much-awaited improve is set to go stay on March 15, 2023, with the v9-Lamba improve.  RS is the primary model of Cosmos’s Interchain …

March began off on a low as a result of a resurrection of inflationary fears. On March 7, hawkish comments from United States Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-basis level hike within the upcoming coverage fee assembly on March 22 to March 23.  On …

The whole worth locked (TVL) in DeFi functions on the Arbitrum, a layer-2 Ethereum community blockchain, has doubled because the begin of 2023. Whereas traders’ hope of an ARBI token airdrop is a significant factor attracting exercise to the Ethereum layer-1 community, the ecosystem’s DeFi progress can also be displaying …

The Frax group lately approved a proposal to make its FEI stablecoin totally backed by USD equivalents, fairly than sustaining {a partially} backed and semi algorithmic stablecoin. With Frax’s resolution, the times of experimentation with algorithmic stablecoins might lastly be behind us. The decentralized stablecoin house has solely proved efficient …

The U.S. inventory market is approaching an important turning level as uncertainty over inflation rises after hotter-than-expected financial information launched in February. Regardless of mounting investor worries, the financial system is exhibiting indicators of resilience that would defend it in opposition to a major draw back transfer.  The escalating risk-off …

Stacks is among the first blockchains to allow a manner for minting Bitcoin (BTC) Ordinals, which places it in a wonderful place to profit from the hype. Nevertheless, Ordinals have invoked a difficulty from the previous the place Bitcoin maximalist ideologies will likely be examined if the NFTs result in …

The month of February was crammed with buyers’ hope that an earlier-than-expected Federal Reserve coverage pivot would happen, however this sentiment pale because the inflation and employment information got here in hotter than anticipated. Whereas the beginning of the month was bullish for the crypto market, Bitcoin (BTC) retraced 60% …

Blur, a NFT market, has seen its buying and selling volumes and complete sell-side liquidity skyrocket since conducting an airdrop on Feb. 14, 2023. The rationale for the spike may very well be the beginning of season 2 airdrops, the place 10% of BLUR token’s complete provide shall be distributed …

Bitcoin’s (BTC) latest value rally from $16,500 to $25,000 may be attributed to a brief squeeze within the futures market and up to date macroeconomic improvements. Nevertheless, whereas costs elevated, knowledge means that many patrons (together with whales) have been left on the sidelines.  The latest rally to $25,000 shared …