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Foresight Ventures Acquires Majority Stake in The Block
14.11.2023
Foresight Ventures, a Singaporean Web3 VC firm, has announced it acquired a majority stake in The Block, a cryptocurrency-focused news outlet. The deal, which values The Block at around $70 million, will allow the news platform to purchase the stake belonging to former CEO Mike McCaffrey, who...
Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic
14.11.2023
An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF
Fake BlackRock XRP Filing Referred to Delaware Department of Justice
14.11.2023
Delaware's Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund
'Mutant Ape Planet' NFT Developer Pleaded Guilty in $3M Fraud
14.11.2023
The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ)
Dapper Labs Partners With Disney to Launch NFT Pin-Collecting Platform
14.11.2023
Dapper Labs, known for its non-fungible token (NFT) collection NBA Top Shot, has unveiled Disney Pinnacle, its latest endeavor. This new platform is set to transform the traditional pin-collecting hobby into a digital experience, featuring characters from Disney’s long-standing history...
‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules
14.11.2023
Hive Bolsters Mining Power With Purchase of 4,800 Bitmain S19k Bitcoin Miners Ahead of 2024 Halving
14.11.2023
On Tuesday, Hive Digital, a bitcoin mining company based in Vancouver, revealed its acquisition of 4,800 Bitmain S19k Antminer mining rigs. Hive stated that this purchase is intended to strengthen the firm and strategically position it for the anticipated reward halving. Vancouver’s Hive...
Delaware, We Need to Talk
14.11.2023
Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing...
Lessons from New York for California’s New Crypto Licensing Regime
14.11.2023
Linda Lacewell, who helped modernize New York’s regime for crypto startups, offers advice to California regulators about setting up a similar scheme there
Don’t Miss: Bitcoin Minetrix Nears $4M Raised As Bitcoin Rally Fuels Surge in Bitcoin Mining Activity – Just 2 Days Until $BTCMTX Price Increase!
14.11.2023
Tuesday, November 14, 2023 – As Bitcoin (BTC) price finds its feet above $36k, market interest in Bitcoin mining is hitting all-time highs, fuelling an explosion in the Bitcoin Minetrix presale as retail investors race to participate in Bitcoin Cloud Mining. A huge influx of funding into...
The IRS and the Rising Cost of Crypto Tax Compliance
14.11.2023
David Kemmerer anticipates the unintended consequences of proposed new regulations on brokers reporting crypto transactions. Expensive “tax experts” are set to benefit financially, he says, even if ordinary investors won’t
Cathie Wood Speculates Gary Gensler's Political Ambitions Are Affecting Spot BTC ETF Judgement
14.11.2023
Wood said Gensler's concerns that bitcoin is prone to market manipulation, one of the barriers to the approval of a spot BTC ETF in the U.S., belie his perfectly sound cryptocurrency knowledge
October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow
14.11.2023
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend...
What the IRS Gets Wrong About DeFi and Crypto in Its Latest Tax Reporting Proposal
14.11.2023
Cryptocurrency Exchange OKX Coming Out With Layer 2 ‘X1’ Built on Polygon Technology
14.11.2023
The OKB token will be used for gas fees on the new chain, which comes as rival crypto exchanges including Coinbase and reportedly Kraken are pursuing their own layer-2 projects
OMG Token Surges 16% as Vitalik Buterin Hails the 'Return of Plasma'
14.11.2023
OMG, the native token of the OMG Network, surged 16% to a six-month high of $0.77 after Ethereum creator Vitalik Buterin published a blog post on how Plasma, the technology the network is based on, has the potential to reduce transaction fees and improve security
PlayStation Exclusive Rollerdrome Hits Xbox Game Pass This Month
14.11.2023
After dropping a handful of stellar games earlier this month, Microsoft is filling out the weeks surrounding the Thanksgiving holiday with more games you can download if you’re subscribed to Xbox Game Pass, including a former PlayStation exclusive.Read more
Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
14.11.2023
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations
Gurus Are Quietly Stockpiling This Undervalued AI Crypto Gem – What’s the Deal?
14.11.2023
Crypto gurus are rapidly acquiring tokens from overlooked AI crypto startup yPredict. Image by yPredict, X. When it comes to trading and investing in the cryptocurrency markets, gaining an advantage over your competitors could make the difference between racking up major profits or taking hard...
XRP Technical Analysis: Market Navigates Rumor-Induced Volatility
14.11.2023
In the wake of recent market rumors about Blackrock’s involvement with XRP, the cryptocurrency’s price experienced significant volatility. Today, XRP stands at $0.654, reflecting a dynamic interplay of market forces and investor sentiment. XRP’s Price Rollercoaster: Blackrock...