OpenSea users claim NFTs are securities in proposed class suit
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities.
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Blockchain oracle network XY Labs’ shares start trading at SEC-registered platform
The blockchain oracle provider said that this will be the first time that its shares will be available at a regulated trading venue. 147 Total views 2 Total shares A blockchain firm founded in 2012 is making its shares available for trading on a blockchain-based alternative trading platform for capital markets. XY Labs, the blockchain company…

BlackRock's IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows
United States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more than a month.

Unsubstantiated Tether investigation report shakes crypto market
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations.

Axie Infinity creator works with studios to push Web3 adoption through new games
Sky Mavis’s head of business development, Kathleen Osgood, told Cointelegraph that its goal is to onboard as many people into the ecosystem as possible. 435 Total views 1 Total shares Own this piece of history Collect this article as an NFTSky Mavis, the company behind the popular blockchain game Axie Infinity, revealed that four gaming…

Bulls Stampede Toward $12K Bitcoin Price as Weekly Close Approaches
Bitcoin price is making a strong push toward $12,000 with just 24-hours before the weekly close occursDespite multiple rejections at the $12K mark, BTC continues to make higher lows and traders are buying dips at underlying support levelsChainlink reached a new all-time high at $19.80 and Ether is struggling to push above $430Cryptocurrency daily market…

Bloomberg strategist explains why 30-year US bonds have ‘bullish implications’ for Bitcoin
Despite Bitcoin (BTC) slipping back below $50,000, more and more investors are likely to move their capital into Bitcoin and gold markets in the second half of 2021 (H2), asserted to Mike McGlone on Aug. 23, the senior commodity strategist at Bloomberg Intelligence.The financial analyst cited the consistently lower yields offered by the 30-year US Treasury…

Nigeria puts faith in new crypto-friendly regulator
Nigeria’s president appointed the new SEC Chair to regulate the capital market, bolster investor confidence, and advance economic development.

It’s a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K
Traders are usually skeptical as Bitcoin (BTC) approaches key resistances, and there was no exception as the price added 7.7% to attack the $11K level. Not every rally will shift technical indicators to overbought levels, but there is usually some gain in volume and futures contracts sentiment that may transition from neutral to bullish. Derivatives markets…