OpenSea Launches Venture Capital Arm 

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Today’s Cryptocurrency Headline

NFT marketplace OpenSea announced the launch of its venture capital arm, OpenSea Ventures, to support Web3 startups and projects, as well as a community grants program to support community initiatives that benefit the wider Web3 and NFT ecosystem. OpenSea Ventures will be led by OpenSea co-founder Alex Atallah and will help developers and creators realize their vision of developing Web3 through NFTs, decentralized systems and other innovative blockchain uses. OpenSea Ventures will invest in the entire Web3 ecosystem and focus on four areas, including both fungible and non-fungible tokens (NFTs), NFT-related protocols, Web3 gaming and social projects, as well as NFT aggregators and analytics platforms that support both OpenSea and other marketplaces.

BingX’s Bitcoin Chart

Source: TradingView& BingX

The Bitcoin Archive tweeted that Intel has signed up Jack Dorsey’s Block, Argo and Griid as customers for its new Bitcoin mining ASIC chips. Earlier news, Intel plans to release a bitcoin mining ASIC chip at the end of February. BTC has been trading in the $41,000-$43,000 price zone during the weekend. Despite falling from the overhead resistance of $45,500, the bulls have not allowed the price to break below the 20-day exponential moving average ($41,351). The bulls are likely to attempt to push the BTC/USDT pair above $45,500 if the price rebounds off its current level.

 

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