📊 Crypto Reports (May 14, 2024):

1️⃣ BTC.COM: Following the latest #mining difficulty adjustment, the first cryptocurrency's mining difficulty dropped by 5.63% to 83.15 T. This decrease marks the most significant drop since December 2022. 🔻

2️⃣ CoinGecko: The combined market capitalization of AI-associated tokens soared to $27.9 billion, surging by 11% within a day. Meanwhile, the overall cryptocurrency market saw a modest 2.9% uptick, reaching $2.45 trillion. 📈

3️⃣ DappRadar: In April, Magic Eden surged to the forefront in trading volume among #NFT marketplaces, boasting $486 million. For the first time since its inception, #Blur relinquished its lead, falling short by $108 million. 🔄

4️⃣ CoinShares: The influx into cryptocurrency investment products from May 4th to 10th amounted to $130 million. 💰

5️⃣ Kaiko: Analysts at Kaiko unveiled a report titled "Reality Bites for BTC Miners," delving into the post-halving challenges faced by #Bitcoin miners. According to their insights, cryptocurrency mining firms might soon embark on significant asset liquidations. 📉

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