ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M of Coinbase stock
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
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Bitcoin-based artwork smashes records, sells for $100K
Many artists work their entire lives and never see their work sold for this kind of price tag. “Right Place & Right Time,” a digital art piece based on Bitcoin's (BTC) fluctuating price action, has sold for more than $100,000."The Master NFT of Right Place & Right Time was sold to TokenAngels for $101,593. —…

Bitcoin price finally made a move, and fireworks are sure to follow
New crypto market trends are starting to emerge now that Bitcoin and equities markets move closer to make-or-break levels, which will determine the markets’ direction. 622 Total views 8 Total shares

US Financial Stability Oversight Council urges congressional action on crypto
According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.” 815 Total views 16 Total shares Own this piece of crypto history Collect this article as NFTOfficials with the United States Financial Stability Oversight Council, or FSOC, have…

Intrinsic value of crypto: What is it and how to calculate it
The intrinsic value of cryptocurrencies can be calculated using Metcalfe’s Law, production costs and discounted utility models.

Reserve Bank warns Aussies over punting on ‘fad driven’ cryptocurrencies
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in. 1395 Total views 16 Total shares The Reserve Bank of Australia (RBA) has warned Aussie investors about speculating on digital assets as it casts doubt over the entire crypto sector.…

Whales profit as high Ethereum gas fees sideline retail DeFi investors
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales. 1146 Total views 9 Total shares Since early 2020 the decentralized finance sector has been recieved a lot of attention due to its cutting-edge innovation and the lucrative…

Thailand’s Stock Exchange Plans to Set up a Licensed Digital Asset Exchange: Report
The Stock Exchange of Thailand (SET) is planning to set up a regulated digital asset exchange, local news agency The Bangkok Post reported on Jan. 17.Citing the vice chair of SET’s board of governors, Pattera Dilokrungthirapop, — аlso chair of the Association of Securities Companies — the report revealed that the national stock exchange plans…

OkEx Becomes a Validator in Ethereum 2.0 Testnet
OkEx joins ETH 2.0 Topaz testnet as a validator, as multiple companies race to develop a Phase 0 client before end of 2020. 1887 Total views 47 Total shares OkEx Pool, the staking arm of the OkEx conglomerate, announced that it has joined an Ethereum 2.0 testnet as a Proof-of-Stake validator.As revealed by its April…