First Mover Asia: Crypto Is Flat Before Fed Chair Speech; Japan's SBI Building a Metamask Competitor for Yen-Denominated NFT Trading
7.2.2023
Crypto trading is largely denominated in USD, but the United States isn't the center of the digital assets world; bitcoin trades sideways as investors await the latest Jerome Powell comments
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million
7.2.2023
Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees...
Sam Bankman-Fried lawyers reach agreement on use of messaging apps
7.2.2023
The agreement comes as a result of federal prosecutors looking to ban SBF from contacting current or former FTX and Alameda employees while on house arrest
Indexing Protocol The Graph’s GRT Token Soars Back Past $1B Market Cap
7.2.2023
The token has risen 55% over the past week amid significant growth of The Graph ecosystem
Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts
7.2.2023
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....
Genesis entity going up for sale as DCG makes creditor pact
7.2.2023
Digital Currency Group (DCG) plans to hand Genesis its stake in the Genesis Global Trading business entity which will then be sold, pending court approval
Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps
6.2.2023
Bitcoin and ether were recently trading sideways. Equities declined
Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic Consequences
6.2.2023
The French luxury house has taken NFT artist Mason Rothschild to trial over his digital collectibles inspired by the iconic Hermes Birkin bag in a case that could have major implications on trademark law and NFTs
UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
6.2.2023
The U.K.’s Bank of England will start research and development on a digital pound which it and the Treasury think will likely be needed in the future, in a consultation expected to be introduced on Tuesday
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
6.2.2023
Sam Bankman-Fried Lawyer Says Agreement Has Been Reached on Use of Messaging Apps
6.2.2023
The former CEO of FTX was previously barred form using any messaging apps
Crypto ad deals for Super Bowl LVII fell apart after FTX collapse: Report
6.2.2023
There had reportedly been a few deals for crypto commercials in this year's Super Bowl that fell apart following the collapse of FTX, but at least one project is giving away NFTs