Search
World’s Largest Collector Car Auction House RM Sotheby’s to Accept Cryptocurrencies
18.11.2021
On Wednesday, the world’s largest collector car auction house by total sales, RM Sotheby’s, announced the company will be accepting cryptocurrency payments via Bitpay. The firm’s upcoming Guikas Collection sale on November 19 will be RM Sotheby’s first auction to accept...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of ‘Sleeping Bitcoins’
10.11.2021
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207 so-called ‘sleeping bitcoins’ worth over $147 million. Both of these massive transactions took place on the same day bitcoin reached an all-time...
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
10.11.2021
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The stablecoin tether has launched a myriad of blockchain networks and today there’s more than 74.8 billion tethers in circulation today. Tether Launches...
Fox Entertainment and WWE Ink Multi-Year Deal to Distribute Exclusive NFTs
28.10.2021
Nearly every industry under the sun has started to notice non-fungible token (NFT) technology and on Wednesday, the media and entertainment company World Wrestling Entertainment, Inc., otherwise known as WWE, announced the launch of an exclusive NFT marketplace. According to the announcement,...
Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High
21.10.2021
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market...
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
21.10.2021
On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile technology, Animoca Brands announced the company has closed a capital raise for $65 million. Animoca Brands now has an overall valuation of $2.2 billion after raising...
Analyst That Said $200-300K Bitcoin ‘Looks Programmed’ Still Says BTC Price ‘Nowhere Near a Top’
20.10.2021
On Wednesday, just before bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” says the “2-week chart looks strong and ready for much higher highs.” Just 26 days ago, Techdev said that “$200-300K bitcoin looks...
Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralized Competitors
13.10.2021
On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized...
Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC
7.10.2021
The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run has been re-ignited. Speculators are predicting a bitcoin exchange-traded fund (ETF) will be approved soon and some believe bitcoin will outperform other crypto...
‘DeFi or DoxFi’ Asks Community After Compound Founder’s Statement
1.10.2021
oreferrer" href="https://cryptonews.com/news/taking-coins-from-bugged-compound-contract-illegal-unethical-or-perfectly-fine.htm">reported, Compound Finance passed and executed a proposal on Wednesday, but soon reported “unusual activity.” Due to a bug in a smart contract, users were able to clai
Dogecoin Co-Founder Suggests an Ethereum Bridge to Doge and Compatible NFT Markets
1.10.2021
Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well. Dogecoin Co-Creator Thinks 2 Ideas Could Help...
Not Ideal, but ‘Better Than Nothing’ - Market Awaits 'Paper Bitcoin' ETF
30.9.2021
o agree that a futures-backed “paper bitcoin” ETF could still be useful. Speaking during an asset management conference hosted by the Financial Times on Wednesday, the SEC Ch
Coinbase Files to Offer Cryptocurrency Futures and Derivatives Trading
16.9.2021
Cryptocurrency exchange Coinbase has filed an application with the National Futures Association (NFA) to offer futures and derivatives trading on its platform. The exchange says its new offerings aim to “Further grow the cryptoeconomy.” Coinbase Registers to Offer Crypto Futures...
IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600
16.9.2021
On Wednesday, U.S. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across...
Analysts Urge Caution as Golden Cross Appears in Bitcoin Chart
16.9.2021
over the 200-day moving average, the rare but popular signal again appeared on the bitcoin chart between Tuesday and Wednesday this week.BTC/USD golden cross (blue circle) and death cross (red circle). Source: TradingViewThis week’s golden cross comes after bitcoin in June printed a ‘death c
Opensea NFT Marketplace Claims Employee Profited From Insider Information
16.9.2021
On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there...
$30 Million Crypto Scheme’s Leader Pleads Guilty, Facing up to 20 Years in Prison
11.9.2021
The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S. Department of Justice (DOJ) said. He now faces a maximum sentence of 20 years in prison. Leader of $30M Crypto Scheme Pleads Guilty to Fraud The U.S. Department of Justice (DOJ)...
Robinhood Launches Recurring Crypto Buy Feature to ‘Help Smooth Out Price Swings’
10.9.2021
On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called...
Balancer Protocol Reveals Partnership With Wallstreetbets Defi Project Wsbdapp
9.9.2021
On Wednesday, the programmable liquidity platform Balancer Protocol announced the project has partnered with the Wallstreetbets defi project Wsbdapp. The announcement details that the two projects will collaborate in order to launch Wsbdapp’s exchange-traded portfolios (ETPs) on Balancer...