Cryptocurrencies started on the front foot on Wednesday with six of the largest ten cryptos gaining value. Ethereum, the second-largest crypto by market value, jumped some 1.5% to US$3,817 – making it the largest riser in the top 15. Meanwhile, Bitcoin was down 0.2% in early deals at US$46,597.
NFT marketplace OpenSea has raised US$300mln in a Series C funding round that valued the business at US$13.3bn. It marks a stellar rise for OpenSea, driven by the popularity of NFTs and digital art in recent months – a July 2021 Series B funding valued the group at just US$1.5bn.