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

Brazil-based cryptocurrency brokerage M Intermediação e Prestação de Serviço Ltda. has won a lawsuit against Banco Bradesco, which was initiated after the bank closed M Intermediação’s account.Cointelegraph Brazil reported the legal victory in a report on August 1. According to the report, M Intermediação uses the Bitcoin network as well as traditional bank accounts to…

As a market crash takes place, assets become oversold and typically there’s an “oversold bounce,” “return to mean,” “mean reversion,” or some price snapback to the bottom of the pre-crash range. Afterward, the asset under study either consolidates, continues the downtrend, or returns to the bullish uptrend if the downside catalyst was not significant enough to…

According to data from, Bitcoin’s (BTC) Q1 2021 performance was the best since 2013. With strong tailwinds, Bitcoin now enters Q2 which historically has been a good period for BTC price. Data shows that BTC has only closed Q2 in the red twice and both times the decline was less than 10%. If history repeats…

A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support. 425 Total views 21 Total shares Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour…

Payments behemoth Visa is reportedly planning to change merchant fees rates for United States-based merchants as part of a major update of its point-of-sale system.The development was revealed in a document Visa sent to banks announcing an upgrade of its system, which will be rolled out in April and October, Bloomberg reported on Feb. 4.…

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

A United States District Court has entered an emergency freeze to preserve $8 million of a New York citizen and two of his entities’ related assets following the U.S. Securities and Exchange Commission (SEC) complaint filed on Aug. 12.Per the SEC's announcement published on Aug. 13, the court agreed, ordering the temporary freeze of at…

India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban. 3419 Total views 13 Total shares India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs.Announced on Wednesday, the partnership between Unocoin…