Magic Eden, the largest Solana-based NFT marketplace, has launched its “audited” Bitcoin Ordinals for NFT traders.

Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, criticized both custodian and decentralized stablecoins and proposed a new stablecoin called the Satoshi Nakamoto Dollar, or NakaDollar (NUSD). Unlike existing stablecoins, NUSD would be supported only by Bitcoin.

Bitcoin has passed a long way from a libertarian money concept to a speculative trading asset. Can crypto technology adoption drive Bitcoin further into a reserve commodity position?

A solo miner added a block to the Bitcoin blockchain and received a reward of 6.25 BTC.

There is a real storm going on in the crypto industry right now. All because of the statements of SEC Chairman Gary Gensler about cryptocurrency, staking and lack of clarity in their classification.

Ordinals, an NFT-like project on the Bitcoin blockchain, has gained momentum over the past month, signalling an opportunity for the biggest cryptocurrency. But its accessibility and security still needs to be improved.

Bitcoin gained more than 50%, settled above $20,000, and crypto FUD has given room for slight optimism. Nevertheless, there are factors that analysts advise considering before making the bets.

MVRV, a ratio that compares the market capitalization of an asset to its realized capitalization, indicates the beginning of the accumulation phase.