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eBay Acquires NFT Marketplace, KnownOrigin

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Today’s Cryptocurrency Headline

The e-commerce giant eBay has completed the acquisition of the NFT trading platform KnownOrigin today. The specific amount and terms have not been disclosed. The acquisition aims to combine eBay’s reach and reputation with KnownOrigin’s leading technology to empower a new generation of NFT creators, sellers and buyers. In March, the NFT trading platform KnownOrigin completed a $4.85 million financing, led by GBV Capital and Sanctor Capital.

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to BTC.com, the Bitcoin mining difficulty was lowered by 2.35% to 29.57T at 3:18 a.m. today. Bitcoin price is almost flat over the past 24 hours, and the price dropped to $19,752.43 level early today but has since managed to hold above the $20,000 price level, suggesting that the bull would not easily give up the price level. The relative strength index (RSI) has increased above the oversold level, indicating the selling pressure has been reduced. As the market remains turbulent, Bitcoin will likely continue to oscillate within a range of $19,000-$22,000 for the next few days.

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