Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.
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Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaign
Gemini’s complaint filed in July alleged DCG and Barry Silbert had made "false, misleading, and incomplete representations and omissions" related to Genesis and the Earn program. 29 Total views 2 Total shares Venture capital firm Digital Currency Group (DCG) has filed a motion to dismiss a lawsuit brought by cryptocurrency exchange Gemini which alleged fraud…
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Former MLB star sells $1M worth of NFTs in one minute
Former baseball player Micah Johnson sold $2 million worth of NFTs depicting his sculpture. 3582 Total views 15 Total shares Micah Johnson, a former MLB player-turned artist, sold a whopping $1 million worth of tokenized art in just one minute on the Winklevoss-owned NFT marketplace Nifty Gateway.The auction, which launched on Feb. 21 and lasted…
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Crypto users split on taking out loans to buy Bitcoin dips
Some crypto investors are willing to risk extensive financial obligations for a chance to get into Bitcoin. 1010 Total views 7 Total shares Taking on debt is a complex personal decision that should not be entered into without great care and financial consideration. With Bitcoin's (BTC) recent return to all-time price highs, some moonstruck Bitcoiners…
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NFT market well-positioned to grow 35% into a $13.6B industry by 2027
For the next five years, trends tied to the global NFT boom continue to factor in the growing involvement of mainstream influencers, gaming communities and the rising demand for digital artworks. 714 Total views 26 Total shares Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the…
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Bitcoin in jeopardy, Ether briefly breaks records, Biden takes action: Hodler’s Digest, Jan. 17–23
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekThree reasons Bitcoin tumbled below $30,000 in a surprise overnight correctionIntensifying sell…
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Bitcoin Hovers Near $5,100 as Top Cryptos See Mixed Movements
Sunday, April 14 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) hovers near the $5,100 mark.Market visualization courtesy of Coin360Bitcoin has seen nearly no change on the day, trading at around $5,098 by press time, according to CoinMarketCap. Looking at its weekly chart, the current…
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Analysts say Bitcoin price is in the ‘profit-taking’ zone with a ceiling at $45K
The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and rising inflation have prompted warnings that the Fed's upcoming interest rate hikes could do more damage then good to the state of the market.Data from Cointelegraph Markets Pro and TradingView shows that the…
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Central Bank of Saudi Arabia Transfers Funds to Local Banks Over Blockchain
The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology. 2499 Total views 56 Total shares The Saudi Arabian Monetary Authority (SAMA), the country’s central bank, announced that it used blockchain technology to deposit funds to local banks. An official statement published by SAMA said that the funds were a part of…