NFT marketplace MagicEden announced on its official X (formerly Twitter) account that it has launched the Creator Alliance, a coalition of NFT projects to empower NFT creators and grow the ecosystem. "We believe that creators are the lifeblood of the Web 3.0 ecosystem," the company said. The alliance includes a number of partners including Yuga Labs, RTFKT (Nike NFT Project), Fuzzy Penguin, Azuki, AnimocaBrand, CyberKongz, and many others. The Alliance will work together to effectively protect creators, foster innovation, and build a better industry. Specifically, we will create a sustainable ecosystem by building a marketplace where creators can receive royalties at a rate they determine.
As crypto fund EMC Labs reports via X, "As of February 21, the percentage of ETH addresses that are profitable was 94.8%, surpassing the percentage of BTC profitable addresses (92%). ETH balances on centralized exchanges (CEXs) continue to shrink. Currently, only 13.2 million ETH, or about 11%
Steven McClurg, co-founder and CIO of Valkyrie Investments, told The Block that the firm is "open to the possibility of launching a spot ETF for XRP." "Cryptocurrencies are a new asset class, and it took us a long time to get to the point where we could
According to LookOnChain, the BTC holdings of eight U.S.-traded bitcoin spot ETFs increased by approximately 3,301 BTC on February 22nd alone. BlackRock's ETF added 1,891 BTC, while Grayscale's GBTC saw its bitcoin holdings drop by 2,652 BTC on the day. Meanwhile,