Mickey Mouse's popularity explodes on the Opensea NFT market

Mickey Mouse's popularity explodes on the Opensea NFT market

The NFTs of the first published version of Mickey Mouse accumulate a total trading volume of 1.013 ETH, about $2,39 million USD, currently. This and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.

Mickey Mouse becomes NFT

📍‌The first version of Disney's iconic mouse character, Mickey Mouse, has been minted as NFTs on the blockchain. Since January 1, the first version of the famous Disney character, Mickey Mouse, has entered the public domain, following the expiration of the copyright granted to the company under the exclusive license of “Steamboat Willie,” a short film released in 1928 and which was Mickey’s first appearance in history. 

On Opensea, NFTs minted with the image of the first version of the mouse have become a trend. 

According to market data, the mouse-inspired crypto-collectibles “Steamboat Willie,” “Steamboat Willie Riverboat,” and “Steamboat Willie Public Domain 2024” rank 1st, 2nd, and 3rd, respectively, among the most traded crypto-collectibles on the marketplace platform in the past 24 hours. 

The most traded NFT collections in the last 24 hours.
The most traded NFT collections in the last 24 hours.
Source: Opensea

The three Mickey Mouse-related non-fungible token collections have generated a trading volume of 370 ETH, or about $876.000 billion, in the past 24 hours. However, since their inception, these crypto collections have accumulated a total volume of 1.013 ETH, more than $2,39 million, based on the current market price of ether. 

In addition to the three aforementioned crypto collections, the creators also launched a CryptoPunks-inspired Mickey Mouse NFT collection called “Steamboat Punks.” Trading volume for the NFTs in this collection stands at 15 ETH, or about $35.500, at press time. 

Parallel raises the price of the ARB token

📍‌The ARB token, native to Ethereum's second-layer network Arbitrum, has grown by 37% in the past week. The launch of the Parallel subnet, which took place on Arbitrum on December 29, is pushing the price of ARB higher. According to data from CoinMarketCap, the token’s price has increased significantly over the past 7 days, surpassing a trading level of $1,80 per unit at the time of writing.  

Arbitrum (ARB) price in the last week.
Arbitrum (ARB) price in the last week.
Source: CoinMarketCap

Parallel is a new subnet that was launched last week on Arbitrum, with the aim of concentrating the liquidity of all L2 blockchains in one place, to increase capital efficiency and improve the user experience in the crypto ecosystem. 

As reported by this media, liquidity fragmentation is one of the most complex challenges facing the Ethereum second-layer ecosystem and solutions such as Parallel seek to solve it efficiently. 

Michael Saylor to sell stocks to buy Bitcoin

📍‌MicroStrategy CEO Michael Saylor will sell $215 million worth of his company's stock to buy more Bitcoin. This was revealed by Saylor in a presentation sent to the Securities and Exchange Commission (SEC), in which it specified that it would sell a total of 315.000 MSTR shares, worth $215,88 million, which will be invested in the cryptocurrency. 

Saylor had announced in November last year that he would sell part of his shares to acquire Bitcoin. As part of his strategy, the MicroStrategy president will sell 5.000 MSTR shares each day until April 25 of this year. 

Fidelity sets fees for its spot ETF

📍‌Investment asset manager Fidelity will charge 0,39% fees to holders of its Bitcoin spot ETF, the company has revealed. As the market anticipates the potential approval of spot ETFs by the SEC, asset managers continue to race to gain an early advantage that will allow them to attract the largest number of investors. 

According to Bloomberg ETF expert Eric Balchunas, Invesco has also set the fees it will charge holders of its cash ETF, waiving fees for the first half of the year after approval of its investment vehicle, and then charging a 0,59% fee. said Invesco has appointed JPMorgan and Virtu Financial as the authorized providers or APs for its exchange-traded fund. 

Continue reading: Ethereum updates its development roadmap for 2024

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