Short-Bitcoin investment products saw inflows last week. Bitcoin logged its third-consecutive week of outflows. In a new report, digital asset investment firm CoinShares found that the negative sentiments lingering in the digital assets market culminated in a third consecutive week of outflows for Bitcoin [BTC] as investors shifted their attention to short investment products last … Read more
Digital asset investment products logged the fourth week of consecutive inflows last week. There has been a significant increase in investments in short-bitcoin, indicating that a substantial number of investors remain uncertain about the future trajectory of the market. Inflows into digital asset investment products totaled $76 million last week, bringing the fourth consecutive week … Read more
The exodus is on for Solana-based NFT projects as two of its big names are transitioning to Ethereum and its sidechain Polygon. Judging by how Solana and its native token have struggled since the onset of the bear market, this comes as no surprise. The network has endured several outages and has been heavily affected … Read more
Magic Eden and Metaplex have clashed again as control for the Solana (SOL) NFT market heats up. It’s a long-simmering dispute between the two startups and this time it has been played out on Twitter. In a tweet thread, NFT creator Metaplex accused leading NFT marketplace Magic Eden of coordinating a ‘pressure campaign’ aimed at … Read more
TerraUSD [UST] coming loose from its peg didn’t just drag down the price of the stablecoin, but led to LUNA’s market cap also diving and sent a shockwave of fear and anger through the communities participating in these projects. But it’s not just a question of price, as investors speculated that Terra developers would migrate … Read more
The multi-chain Rarible Protocol has integrated Solana NFTs into its system. So get ready to start seeing Solana NFTs on the Rarible.com marketplace. Solana NFTs: Exploring New Frontiers The multi-chain open-source Rarible protocol has announced that it’s finally integrating Solana NFTs into its database of supported assets. This announcement came just a week after NFTs … Read more
The Solana-based move-to-earn project, STEPN, gains momentum despite the high cost of in-game NFTs. How’s the game booming despite the overpriced requirements for participation? STEPN: Steady Gains in Fitness and Tokens There were mixed reactions when blockchain developers, Find Satoshi Lab launched a new GameFi project on December 20, 2021. They demonstrated the concept of … Read more
Wen Solana? Now Solana, OpenSea is finally ready to begin supporting Solana-based NFTs, and this puts a different spin on the entire NFT ecosystem OpenSea x Solana blockchain Telling you how OpenSea is the most extensive marketplace for NFTs will make me sound like a broken record, so I’ll breeze through that. If you’re not … Read more
Solana is one of the most amazing blockchains for NFTs, and for a considerable amount of people, it is the NFT of choice; here’s why this company has a cause to celebrate in April Solana: Exceptional Q1 traction Saying that Q1 2022 was remarkable for Solana would be an understatement; a considerable amount of planned … Read more
OpenSea, the world’s largest NFT marketplace by volume, may support Solana NFTs sooner than expected, here’s more on this development. The OpenSea Marketplace It’s no news to anyone that in the world of NFT marketplaces, no company or platform comes close to OpenSea. As of early 2022, OpenSea is head and shoulders above the competition … Read more
