Rare Ape CryptoPunk sells for $1.5M amid market downturn

NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021. 617 Total views 5 Total shares New York Digital Investment Group (NYDIG) has partnered with the Atlanta-based enterprise payment behemoth NCR to enable Bitcoin (BTC) services for banks and credit unions in the…

The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies. It has been a leader in establishing clear crypto regulations with its long-awaited Markets in Crypto-Assets (MiCA) framework signed into law in late May. The EU has also been pushing forward on creating regulations for the development and deployment of artificial…

Bitcoin’s (BTC) roof has been shifting lower in the past few days, which is a negative sign because it shows that bears are selling on every minor rally. Bitcoin’s weakness is affecting the major altcoins as most are gradually drifting lower.Joel Kruger, a Forex strategist at LMAX, recently said: “It would be foolish to rule…

The funding will be used to develop debit and credit card payment rails in Asia. 2162 Total views 13 Total shares Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region.The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding…

Mad Money host Jim Cramer has changed his sentiment on crypto again, predicting the total market cap will tank below $1 trillion as “there’s no real value there.” 461 Total views 24 Total shares Given his track record, some in the crypto community believe the market bottom may now be in after CNBC host Jim…

MicroStrategy’s continuous Bitcoin acquisition has drawn the ire of investment banking giant HSBC. Despite being one of the largest business intelligence firms in the world, HSBC has stated that MicroStrategy is now a “virtual currency product,” a designation akin to the pseudo-Bitcoin exchange-traded fund status attached to the company on account of its sizable Bitcoin…

Bitcoin (BTC) looked set to equal its lowest monthly close since 2020 on Aug. 28 as bulls failed to take control.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOdds stack up for a deeper dive below $20,00Data from Cointelegraph Markets Pro and TradingView showed BTC/USD criss-crossing $20,000 with hours until the weekly candle completed.The pair had been…

Proof-of-stake (PoS) blockchain Cardano (ADA) is working on implementing commercial infrastructure. The coin’s officials have reassured the public that development is on schedule.During a March 13 YouTube livestream, Charles Hoskinson — the CEO of IOHK, the firm behind Cardano — said that official updates about the coin’s critical commercial infrastructure should be expected in the…