
Ordinals sales elevate Magic Eden to top NFT marketplace surpassing Blur by $108 million
Magic Eden outperforms Blur in NFT trading volume for first time, driven by its expansion into Bitcoin Ordinals and dynamic rewards.
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Magic Eden outperforms Blur in NFT trading volume for first time, driven by its expansion into Bitcoin Ordinals and dynamic rewards.

If Bitcoin maintains stability around its current price level, the futures market sees potential for consistent open interest and increased crypto-margin usage.

The company also saw record quarterly revenue of $165.2 million.

Institutional investment in spot Bitcoin ETFs continues to grow as companies file their 13F forms for the first quarter.

The company plans to shift 500 megawatts of its infrastructure to high-power computing.

Standard Chartered believes Trump's anticipated presidency would likely promote a regulatory environment conducive to Bitcoin and other digital assets.

The firm mainly holds GBTC, which makes up $1.1 billion of the total.

Hong Kong spot Bitcoin and Ethereum ETFs recorded significant inflows of more than $300 million last week.

Net inflows since January remain high at $17.5 billion.




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