Juhi Mirza · 2 hours ago · 1 read
Tron founder Justin Sun just paid $6 million for a Beeple NFT
Tron founder Justin Sun splurged over $6 million on a non-fungible token (NFT) created by digital artist Mike Winklemann, as per a tweet this morning.
$1.6 billion liquidated after Bitcoin briefly falls under $54,000
Bitcoin fell to under $54,000 in the morning hours amidst a broader sell-off in the crypto market.
CBDCs do not threaten Bitcoin — their success might depend on it
A little less than two years ago, the International Monetary Fund (IMF) published a research paper on the rise of digital money.
NFT project mints 10,000 ‘digital pizzas’ in throwback to Bitcoin
RarePizzas, a Chainlink-powered Non-Fungible Token (NFT) project, is paying homage to Bitcoin ‘Pizza Day’ by selling over 10,000 unique digital pizzas, it said in a release today.
Bitcoin is much closer to gold than to dollar, says Jerome Powell
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today.
Bitcoin Google searches spike 5x in Turkey, while the Lira falls 15%
Google searches for Bitcoin soared today in Turkey, surging 566% in Google Trends after the Turkish Lira plunged 15%.
NFTs hit the mainstream with TIME Magazine’s limited edition covers
Love them or hate them, NFTs continue their foray into the mainstream undeterred.
One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources.
Markets wrap: Bitcoin, Ethereum see resistance while VeChain (VET) sets ATH
Bitcoin, Ethereum, and other large-cap cryptocurrencies saw a mixed weekend as price action remained choppy after Friday.
Cryptocurrency’s arrival on Wall Street: How the Coinbase IPO could impact the crypto ecosystem
Bitcoin has been much of the market to new all-time highs as institutional investors pile into digital finance, but it could be the arrival of Coinbase, a leading crypto exchange, on Wall Street that may make a significant impact.
Crypto exchanges can safely list XRP, reportedly implies SEC’s lawyer
The US Securities and Exchange Commission’s (SEC) lawyers have indirectly stated that cryptocurrency exchanges are not violating any guidelines by allowing Ripple’s XRP trading on their platforms, attorney Jeremy Hogan revealed yesterday.
MetaKovan explains why he paid $69 million for Beeple’s NFT artwork
Vignesh Sundaresan, known only as enigmatic crypto whale MetaKovan until recently, explained his fascination with non-fungible tokens (NFTs) which impelled him to pay $69 million for Beeple’s digital artwork.
Binance Smart Chain project TurtleDex pulls the rug on its users and steals $2.5 million
TurtleDex, a Binance Smart Chain dApp, exit scammed its users today, after its highly anticipated launch.
First Trust Advisors and SkyBridge Capital apply for Bitcoin ETF
Investment advisory firm First Trust Advisors and hedge fund SkyBridge Capital, led by former White House communications director Anthony Scaramucci, have filed an application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC).
Coinbase delays its $68 billion public listing to April
US-based crypto exchange Coinbase has pushed back its direct listing to April, sources cited by business outlet Bloomberg said Friday.
Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb
American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday.
Constellation Network integrates YIELD App to give users exposure to DeFi
As unveiled in a statement today, users of Lattice Exchange and Stargazer wallet will have access to “yield farming” opportunities by pooling their crypto holdings for liquidity.
SkyBridge Capital CEO says Elon Musk owns over $5 billion in Bitcoin through Tesla and SpaceX
Electric car giant Tesla’s $1.5 billion investment in Bitcoin is less than one-third of the total crypto reserves held by Elon Musk and his companies, Anthony Scaramucci, CEO of investment firm SkyBridge Capital, asserted today.
Coinbase launches Cardano (ADA) trading on retail app
Major US cryptocurrency exchange Coinbase has announced that Cardano (ADA) trading is now available on its platform.
Litecoin (LTC) ‘daily’ addresses have grown 6x since 2020
The number of active addresses on Litecoin, the world’s ninth-largest cryptocurrency by market cap, has grown by over six-fold in the past year, data from on-chain analytics service Glassnode shows.
Deutsche Bank report: “Bitcoin is too big to ignore”
Now that the crypto market is worth over $1.8 trillion, Deutsche Bank stated that Bitcoin is “too big to ignore,” according to a report.
US courts deny ‘XRP holders’ from intervening in Ripple v SEC case
XRP holders got a setback this week even as Ripple and the US Securities and Exchange Commission (SEC) battle out an alleged securities case.
Bitcoin is slow, impractical, and eco-unfriendly, says Bank of America
Bitcoin (BTC) is “exceptionally volatile,” “impractical,” and extremely harmful to the ecosystem, said Bank of America’s (BofA) analyst in a research report cited by TheStreet today.
U.S. Federal Reserve says digital currencies can ‘coexist’ with cash
Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per a report on business outlet Bloomberg on Thursday.