
CryptoTickerRecent headlines have raised concerns that Magic Eden is shutting down, but the situation is more limited than some reports suggest. The platform has decided to “sunset” major parts of its business, including its Bitcoin and Ethereum-compatible marketplaces, as part of a broader cost-cutting and focus-narrowing trend across the crypto…

Crypto EconomyMagic Eden announced a new revenue distribution scheme that will allocate 15% of the marketplace’s income to the ME token ecosystem starting February 1. The plan introduces a sharing model that combines token buybacks with direct payments to users who stake ME. According to the platform, 50% of the allocated…

CoinMarketCapThe Solana ecosystem is up slightly this week, recording a modest 1.4% improvement in global market capitalization (market cap) since our last update. The TL;DR: TL;DR: Sentiment: BTC above $93K; Fear & Greed neutral; traders flip risk-on. Solana: ecosystem flat; SOL +3.2%, breaks $140; select tokens surge. Watch out for:…