Fartcoin briefly taps $1B market cap despite altcoin bloodbath

This year has yielded significant price action for Bitcoin (BTC), both to the upside and to the downside. Bitcoin’s price recently fell to around $6,500 as selling pressure continues to plague the market. Recent data from crypto-Twitter analyst Ergo shows such selling is possibly due to further liquidation of 200,000 BTC in funds from the alleged…

The United States Supreme Court ruled in favor of Coinbase in its first-ever opinion on a cryptocurrency case on June 23. The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the class-action…

The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations. 448 Total views 4 Total shares Mike Novogratz’s investment management firm Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup.According to Bloomberg on Monday, Galaxy…

Critics of the digital currency have visions of the future every bit as silly as maximalists'. 2840 Total views 23 Total shares Not everyone is excited about hyperbitcoinization. According to a popular copy/paste meme, Bitcoin holders are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: Only $BTC holders will be permitted to…

Some of Asia's largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat. 4810 Total views 15 Total shares Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23.Dubbed…

The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors.The roadshow was originally scheduled to visit eight major Indian cities over 20 days — New Delhi, Jaipur, Ahmedabad, Surat, Mumbai, Pune, Hyderabad, and Bangalore.However, following India’s Supreme Court ruling that…

Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal. 1386 Total views 24 Total shares Own this piece of history Collect this article as an NFTBhutan is bullish on Bitcoin (BTC). Following the revelation that the small Himalayan kingdom has been quietly accumulating crypto, the country is also mining Bitcoin. Moreover,…

Markets are anything but calm on Tuesday as bulls grapple for control of significant price points. 373 Total views 13 Total shares Bitcoin (BTC) hit $50,000 for the first time in a month on Oct. 5 as a triumphant return to form continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price hits one-month highData from Cointelegraph…

The decline of the nonfungible tokens (NFT) market doesn’t seem to be a problem for the Swiss cryptocurrency-focused bank Seba as the firm now allows its customers to store NFTs.Seba Bank has launched a regulated custody platform allowing its clients to store NFTs, the firm officially announced on Oct. 26. The NFT custody solution enables…