German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings.
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GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), could erase its BTC price “discount” in 2024.In an X (formerly Twitter) post on Aug. 30, monitoring resource CoinGlass predicted that the so-called “GBTC premium” would soon return.GBTC price: From “elevator to hell” to “stairway to heaven?”Grayscale netting a court victory over United States regulators on

Beyond Bitcoin: The future of digital assets is bigger than the first crypto
While change is guaranteed, the scale and scope of that change are not. For the financial industry, blockchain — the technology that undergirds Bitcoin (BTC), Ether (ETH), nonfungible tokens (NFTs) and other digital assets — has brought us to the crossroads. What will the future of money look like? We have been operating on the frontline…

Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine
An anonymous nonfungible token (NFT) collector spent 204 Ether (ETH) worth roughly $488,800 (at the time of writing, considerably more when it occurred) on gas fees to mint 1,000 Tubby Cats NFTs.In total, the Tubby Cats enthusiast clearly had some capital to burn as they spent more than $720,000 on minting the NFTs including gas…

Binance exit aftershock: Can one resignation tip the crypto trust scales?
On Sept. 13, news broke of yet another high-level executive parting ways with Binance.US. This time, it was none other than Brian Shroder, the CEO and president of the exchange, who, after two years in the hot seat, was heading for a “deserved break,” as Binance CEO Changpeng “CZ” Zhao was quick to announce on X

BTC price caps $4K weekly gains: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is delighting bulls as it heads into a new week after closing a weekly candle in which it gained another $4,000 — can it hold?After spending much of the previous seven days hitting but then descending from local highs, sentiment was mixed going into the weekend.In the event, Saturday and Sunday turned out…

OpenSea teases token launch, revises points system: Nifty Newsletter
OpenSea teased its upcoming token launch and airdrop, clarifying that SEA will be available to users based in the United States.

Polygon and others extend helping hand to Terra blockchain projects
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events. 934 Total views 3 Total shares Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to…

20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.