🦎🚀 Crawling back from the dead? ⚰️

Thursday, June 29, 2023

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Who bought the dip?

MicroStrategy, a software analytics firm, has announced its corporate purchase of 12,333 BTC, valued at $347 million, during the period from April 29 to June 27.

As a result, MicroStrategy now holds a total of 152,333 BTC, worth $4.52 billion, with an average purchase price of $29,668 per BTC.

For today's news, we have a potential FTX reboot, Sotheby's going into digital art, and a new player in the DeFi lending space!

Read on!

Top Crypto Exchanges in India

Among the top 4 CEXs in India, Bitbns has become the market leader after overtaking WazirX in June last year.

Market share and rankings have relatively stabilized in 2023 so far for these exchanges after fluctuating throughout 2022.

Let's find out here!

24h Hot Searches Worldwide

ApeCoin (-1.4%)
Polygon (-2.0%)
SPACE ID (-6.3%)
Maverick (-4.9%)
Sui (-1.5%)
Vela Token (-10.4%)
Pepe (-4.8%)

Are we in a Bitcoin or an altcoin season? In today's video, we explain what Bitcoin Dominance is and how traders use them to understand current market trends.

Let's find out here!

A Potential Reboot

FTX, which filed for bankruptcy last November, is seeking to relaunch its international crypto exchange.

The company has entered into initial discussions with potential investors to facilitate the reopening of FTX, potentially through a joint venture.

As a result, the price of FTX's native token, FTT, surged approximately 15%, reaching a seven-week high of $1.51.

Decrypt

The Sleeping Giant

Sotheby's, the renowned auction house, is set to launch an on-chain generative art program powered by the Art Blocks engine.

The Gen Art Program, set to debut on July 26, will showcase two to three generative artists annually.

This initiative comes after the successful sale of NFTs from its GRAILS collection, which generated approximately $11 million in revenue.

CoinDesk

Out With The Old, In With The New

Maple Finance has announced the launch of Maple Direct, its direct lending arm.

The debut marks the emergence of a new DeFi lender after the bankruptcies of crypto lending giants Celsius and BlockFi last year.

The Block