Jump Trading sells another $29M Ether with $63M left to go. Is the bottom near?

Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22.The company has purportedly signed an agreement with New York-based decentralized entertainment platform Breaker, formerly known as SingularDTV, to distribute the film overseas using its blockchain platform.Li Jie,…

Binance CEO Changpeng ‘CZ’ Zhao is distancing himself from Tron founder Justin Sun over what has been described by some as a ‘hostile takeover’ of the Steem blockchain.Sun claimed that these reports were “misleading” and that “We wanted to protect the sanctity of private property & the interests of all from malicious hackers.”Allegations that the…

Chris Georgen, founder of the social impact-focused blockchain company Topl, believes that many consumers are unaware of the consequences of their buying habits. “Forced labor, deforestation, the destruction of endangered habitats… As responsible citizens of the world, we wouldn’t knowingly support, condone or participate in anything like this,” he tells Magazine.  “Unfortunately, too often, what…

Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic. 1693 Total views 45 Total shares The global travel industry ground to a standstill after governments worldwide announced strict lockdowns to prevent the spread of COVID-19. At the Unitize virtual blockchain conference on July 6, Juan Otero, the co-founder and CEO…

LGT Bank has partnered with the Swiss crypto bank Seba to offer custody and trading services for Bitcoin and Ether. 453 Total views 14 Total shares LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein.Managing over…

With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 Bitcoin. 591 Total views 3 Total shares Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the…

Decrypt, a major cryptocurrency and blockchain publication funded by ConsenSys, is launching a new token to reward users for engaging with its content.The new Ethereum-based Decrypt token will allow Decrypt readers to earn rewards in return for reading and sharing articles as well as other types of interactions with the company’s content. As officially announced…

Bitcoin (BTC) starts a new week digesting major macroeconomic news as the United States sees the second-largest bank failure in its history.After a sideways weekend, BTC/USD was already volatile into the new weekly and monthly candle as the downside kicked in.After steadying below $29,000, BTC price action is already facing more potential pressure, with First…