Can ETH price crack $3.5K? Ethereum ETF debut will precede new highs, analysts say
Ether could set a new all-time high after the debut of the first spot Ether ETFs, but $3,500 remains a significant resistance line to cross.
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Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.
McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter
In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are interested in trying out Web3 games, and why Axie Infinity creator Sky Mavis is partnering with NFT collection CyberKongz to develop…
Tether maintains $3.3B in liquidity cushion: USDT transparency report
The total assets under Tether stand at $86.1 billion with total liabilities amounting to $82.8 billion — thus confirming a reserve backing of over 100%. 385 Total views 1 Total shares Stablecoin issuer Tether maintains a liquidity cushion of nearly $3.3 billion to provide stability to the Tether ecosystem and garner trust among shareholders. Tether’s reserves…
‘We’re just scratching the surface’ of crypto and AI — Microsoft exec
The symbiotic relationship between AI and crypto is still in its nascent stages, according to tech execs.
NFT collection’s price takes a nosedive as creator’s racist cartoons circulate
George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. 1366 Total views 8 Total shares The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media.…
Bitcoin Breakout on July 22? 5 Things to Watch for BTC Price This Week
Bitcoin (BTC) price begins a new week ranging north of $9,000 as it awaits cues from macro markets — what could be in store for the coming days?Cointelegraph takes a look at the major factors that could impact the BTC price this week. BTC compression nears its endEquities led a somewhat uneventful start to the week’s…
Coinbase made $2.2 billion in revenue from transaction fees in Q4
The largest crypto trading platform in the U.S. has beaten analysts’ expectations by 27% in its Q4 earnings despite a broader slump in the crypto market. 251 Total views 27 Total shares Coinbase’s Q4 financial report vastly exceeded market expectations Thursday, after the firm posted $2.5 billion in net revenue for the quarter, beating analyst…
Square launches cryptocurrency patent alliance to fight the trolls
Square is launching a consortium to pool patents and democratize access to innovative blockchain technologies Square, the U.S.-based financial services company headed by Twitter’s Jack Dorsey, is establishing a consortium to fight patent trolling and ensure open access to technology in the crypto sector.The ‘Cryptocurrency Open Patent Alliance’ (COPA) seeks to democratize access to innovative…