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SBF, Ordinals and more: What defined crypto markets in 2023

With bitcoin poised to end 2023 around 150% higher — and ether more than 80% in the green — crypto traders are heading into the new year in a positive mood.

Here are some of the top headlines and storylines that moved markets this year, and what to keep an eye on as we enter 2024. 

Bitcoin NFTs come on the scene 

Ordinal protocol developer Casey Rodarmor launched Bitcoin Ordinals in January 2023, bringing non-fungible tokens to the Bitcoin blockchain. 

Data from CryptoSlam shows that Ordinal sales peaked in May 2023 with $452 million in transactions before dipping to around $3 million by August. 

While demand has ebbed and flowed, Ordinals have also made transactions on the…

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NFTs are the new cookies

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Bit Mining Sells Btc.com Mining Pool Due to Loss of $2.6M

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Bitcoin 2024 | New Year Will Be Bombastic For Bitcoin

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2023 Bitcoin’s Epic Rally: The Year Bitcoin Rewrote the Rulebook

This infographic illustrates the dramatic fluctuations in Bitcoin's monthly returns from 2017 to 2023, highlighting key events that influenced its value. It shows the percentage change in Bitcoin's value each month, with significant growth spikes and drops. Key historical events are annotated, such as the Silicon Valley Bank collapse in March 2023 and BlackRock's ETF application in June 2023. The graphic culminates in the notable increase of Bitcoin's value following the election of a pro-Bitcoin president in Argentina in November 2023. The overall design is visually engaging, using a dark background with contrasting green and white text, and features the Bitcoin logo prominently.
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Arthur Hayes | Bitcoin Will Surge

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