Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter

Bitcoin (BTC) managed to stay above $27,000 for the past three days but its 9% loss last week spooked some newbie traders. Glassnode data shows that short-term holders, who acquired Bitcoin less than 155 days ago, have been moving coins to the exchanges at a loss since April 16. While short-term traders are panicking and focusing…

Bitcoin bulls fight to hold the $40,000 level as support while many altcoins sell-off due to profit taking. 2769 Total views 22 Total shares Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940. Following Bitcoin’s Jan. 7 push above $40,000,…

Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14. Own this piece of crypto history Collect this article as NFTBankrupt crypto lender Celsius was granted an extension on its exclusivity period until Feb. 15, 2023. The court approval would give the troubled crypto lender another…

The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity Futures Trading Commission (CFTC), said that DeFi derivatives platforms might contravene the…

Central Bank of China claims that digital Yuan will not cause inflation. 1319 Total views 47 Total shares The Bank of China’s secretive digital currency tests have led to tremendous curiosity among Chinese citizens. Recently, the bank responded with an official explanation of the proposed digital Yuan and how it would work. A bank representative confirmed…

Buffett's profits this year is almost the same as what an average Bitcoin trader has generated in 2024.

Is Bitcoin’s bull run over? This crypto analyst doesn't think so. 3208 Total views 15 Total shares Bitcoin’s (BTC) price has declined over the past day or so, falling from highs above $60,000 to below $50,000. That, however, does not necessarily mean the asset’s bull run is over, according to a well-known crypto analyst, PlanB. “Nothing…