Terraform Labs to sell 4 companies as part of wind-down
The bankrupt Terraform Labs is looking to sell four of its companies as it winds down operations to comply with its multi-billion SEC deal.
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101 Bored Apes NFT auction at Sotheby’s closes at more than $24M
The auction of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has smashed through expectations with a winning bid of $24.39 million. The auction closed on Sept.10 and was hosted by the prestigious auction house Sotheby’s which had earlier estimated the collection would fetch between $12 million and $18 million.The bundle of non-fungibles consists…

South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.

XRP price falls 15% in 3 days — Will Ripple’s legal setback mark the bottom?
XRP could see a 4,000% rally in the next bull market cycle, according to a fractal pattern reminiscent of its 2017 price surge.

Japanese Financial Regulator Data Shows Queries About Crypto Continues to Decrease
Japan’s financial regulator has released Q4 2018 data on the number of enquiries about cryptocurrencies, showing further declines. The Financial Services Agency’s (FSA) report was published today, Feb. 8.The FSA, which is responsible for overseeing the country’s crypto ecosystem, published the latest data on enquiries from September to the end of December 2018. The Japanese…

Bitcoin to hit $250K in January 2022 but ‘invalidate’ S2FX BTC price model — New prediction
Bitcoin (BTC) will invalidate one of its best-known price models this cycle as $1 million becomes a focus for 2025, says well-known analyst Matthew Hyland.In a series of tweets on Nov. 9, Hyland, who has created a loyal following for his Bitcoin commentary over the years, predicted that only one of the two stock-to-flow models…

Top 5 cryptocurrencies to watch this week: BTC, LUNA, FTM, ATOM, ONE
Bitcoin (BTC) continues to languish below the psychological level at $50,000 in the first few days of the New Year, indicating a lack of aggressive buying by traders. Former BTCC CEO Bobby Lee said the exodus of the Chinese traders who had until Dec. 31 to exit Chinese exchanges may have kept prices lower into…

Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration
Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it. 653 Total views 1 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler has commented publicly about the last week’s ruling on the agency’s suit against Ripple. Gensler…

Greece plans new $330M data center to boost AI expansion
Paris-based Data4 plans to invest in Greece to develop a major AI data center hub outside of Athens, signaling a boost to the country’s digital infrastructure and economy.