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Devin Finzer, co-founder and CEO of OpenSea, the largest non-fungible token (NFT) marketplace, announced on Friday that the platform is reinventing itself to “trade everything.”
Founded in 2017, OpenSea is the largest NFT marketplace with a market share of over 55% at the time of writing, according to data from NFTScan. Its trading volume crossed $2.6 billion this month, according to Finzer....
Tom Lee’s BitMine has purchased another $281 million of ETH, taking the concept of ‘buying the dip’ to a whole new level. When the market sold off, BitMine accumulated. The company’s total Ethereum holdings now exceed 3.03 million ETH, roughly 2.5% of the entire supply, valued at around $12.9 billion.
Blockchain analytics from Lookonchain shows additional BitMine-linked wallets receiving over 72,...
Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock ticks down.
The Tokyo court extended the original cutoff date of Oct. 31, 2024, by one year after processing delays and missing documentation stalled distributions that began in July 2024...
Grayscale, one of crypto’s largest institutional asset managers, published a research note on Oct. 10 calling Solana (SOL) “crypto’s financial bazaar.”
This characterization goes well beyond the usual speed-and-throughput pitch. The report positions SOL as the category leader in users, transactions, and fees, arguing that its user experience, architectural moat via the Solana Virtual Machine, and...
Bitcoin is once again caught in the crossfire of a high-stakes geopolitical standoff. This time, the knock-on effects are being felt across every corner of the crypto market. The script is familiar: The return of U.S.–China trade tensions has triggered a sharp correction in Bitcoin, echoing a pattern seen earlier this year. When escalating tariffs sent risk assets spiraling for weeks on end, BTC...
There’s a grim symmetry to every crypto boom: an idea born from freedom eventually gets packaged, securitized, and sold back to the masses, this time at a hefty premium. According to a new 10XResearch report, retail investors have collectively lost $17 billion trying to gain indirect Bitcoin exposure through listed “digital asset treasury” companies like Metaplanet and Strategy.
10X Research...
For years, Bitcoin has been hailed as “digital gold,” a hedge against inflation and policy excess.
Yet, as geopolitical tensions rise and trade disputes return to the headlines, the original store of value, gold, is stealing the spotlight.
According to TradingView data, gold climbed to an all-time high of $4,376 per ounce on Oct. 17, lifting its market capitalization above $30 trillion.
That...
JPMorgan attributes the recent Bitcoin (BTC) and Ethereum (ETH) sell-off to crypto-native leverage rather than institutional exits, noting that spot ETFs and CME futures absorbed minimal forced selling while perpetual futures markets faced sharp deleveraging across both assets.
Bitcoin fell 13.1% from $122,316 on Oct. 3 to $106,329 by Oct. 17, while perpetual open interest dropped from...