Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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US Debt Hits $25T — Stimulus Checks That Bought Bitcoin Now Worth $1.6K
The Federal Reserve’s Zimbabwe-esque policy sees the country’s debt mountain reach unimaginable heights, adding $1 trillion under one month. Bitcoin (BTC) proponents are in shock once again this week as the true extent of the United States’ fiat debt bubble becomes clearer. Citing statistics from the U.S. Treasury on May 7, markets analyst Mati Greenspan noted…

Bitcoin faces $100K test: Bull trap or 'bonafide' BTC price breakout?
Bitcoin is targeting six figures as a welcome break from rangebound trading continues for BTC price bulls.

NFT battles: Nike takes seller of unlicensed NFT sneakers to the court
StockX is an online reseller estimated to be worth $3.8 billion, and NFT sneakers in dispute are still online. 126 Total views 11 Total shares Popular sneaker maker Nike has started the "licensed NFT" wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) sneakers.According…

Starknet minting vote will be gasless with new governance protocol
Snapshot X enables gasless onchain voting for DAOs using Starknet technology, advancing governance with lower costs and enhanced security.

$25B investment firm adds ‘riskier’ Grayscale GBTC and ETHE for clients
Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts. 167 Total views 72 Total shares Bitcoin (BTC) and Ether (ETH) exposure has come to one of the world's biggest automated investment firms.In a blog post on July 29, Wealthfront, which has $25…

The Australian Open swings into the Metaverse on Decentraland
Tennis Australia has partnered with Decentraland to host the Australian Open (AO), which will be the first official tennis grand slam in the Metaverse.A virtual recreation of key areas in Melbourne Park, including the Rod Laver Arena and Grand Slam Park, will be open for the duration of the Australian Open tournament, which will run…

U.S. trademark and copyright offices to study IP impact of NFTs
The U.S. Patent and Trademark, and Copyright offices will explore the impact of NFTs on intellectual property rights as lawsuits begin to stack up. 135 Total views 3 Total shares As nonfungible tokens (NFTs) continue to garner interest, the United States Patent and Trademark Office and U.S. Copyright Office are set to launch a study…

Conquering Decentralized Finance: Enter the Custodians
The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to…