Digital art venue MakersPlace shuts down amid NFT market decline

Bitcoin (BTC) continued its downtrend on Nov. 7, barely keeping support above $9,200 as market commentators stay realistic about the future.Cryptocurrency market daily overview. Source: Coin360“Much bigger” BTC price move could come this weekData from Coin360 shows BTC/USD down 1.6% on the day, circling $9,250 after a sudden dip saw markets bounce off $9,200.That level…

Crypto and Bitcoin mining-related stocks in the US bounced back from an early trading day dip after opinion polls showed voters rated Kamala Harris debate performance.

The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has risen to multimonth highs. BUSD market cap drops by $2 billionThe SEC claims that BUSD, a U.S. dollar-backed stablecoin, is a security, noting that Paxos has…

Panic sellers hold your horses because dips are still for buying, according to data from Santiment behavior analysis. 58 Total views 3 Total shares Over the past seven days, the top trending words on cryptocurrency social media are “dip”, “buy” and “Fed”. Plus, the word “sell” fell out of the top 10 trending topics last…

The licensed financial institutions would be required to verify the identities of all customers. 435 Total views 1 Total shares Under new rules from the Central Bank of the United Arab Emirates (CBUAE), licensed financial institutions (LFIs) would be required to verify the identities of all customers. The update will come into effect “within a…

The Abu Dhabi National Oil Company (ADNOC) has successfully collaborated with IBM to pilot a blockchain supply chain system, according to an ADNOC press release published on Dec. 9.The release notes that ADNOC — a state-owned oil company in the United Arab Emirates (UAE) — is reportedly among the world’s leading energy and petrochemical groups,…

Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these levels since October 2024. However, the ETH derivatives market is showing early signs of recovery and strength, suggesting a potential rebound to $2,800. Ether 30-day

"Culturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse," said Dan Loeb 890 Total views 5 Total shares Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking…

The new holographic display could give NFTs the Pokemon Go treatment.