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Goldman Sachs Upgrades Coinbase to Neutral as Bitcoin Prices Rally


Wall Street giant Goldman Sachs upgrades Coinbase stock (COIN) from "sell" to "neutral" as Bitcoin surges. Analysts link the upgrade to the current cryptocurrency market rally and note similar jumps in Bitcoin-linked stocks like MicroStrategy. The post Goldman Sachs Upgrades Coinbase to Neutral...

FTX Cleared to Sell Its Stake in AI Startup Anthropic: Report


Bankrupt cryptocurrency exchange FTX has been permitted to sell its shares in the artificial intelligence firm Anthropic, according to an issue ordered by U.S. Federal Judge John Dorsey on Thursday, reports Reuters. The post FTX Cleared to Sell Its Stake in AI Startup Anthropic: Report appeared...

Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon


MicroStrategy executive chairman and co-founder Michael Saylor says he is not planning to sell any of his Bitcoin anytime soon, in an interview with Bloomberg’s Katie Greifeld on Tuesday.  The post Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon appeared first on Cryptonews

Sotheby’s EtherRock Auction Closes Wednesday, Expected to Fetch Over $600K


Sotheby’s, the 279-year-old British auction house, is expected to close the sale of an EtherRock (EthRock) non-fungible token (NFT) on Wednesday, in a sealed bid auction. The decentralized prediction market website Polymarket reflects that there is a 57% chance that the EtherRock NFT will sell...

Court Frees Genesis to Sell GBTC Shares Worth $1.3B to Compensate Clients


Genesis Global obtained bankruptcy court approval on Wednesday to sell its Grayscale Bitcoin Trust (GBTC) shares. The bankrupt crypto lender can now sell its 35m GBTC shares worth over $1.3b as part of efforts to reimburse customers. In a Feb. 14 hearing conducted via Zoom, Judge Sean Lane signed...

The Glenlivet Distillery Utilizes NFTs and AI to Market $43,000 Whisky


Scotland-based distillery The Glenlivet is using NFTs and AI in its marketing strategy to sell whiskey from a 50-year-old collection. The Glenlivet announced on Monday it was planning to auction off the bottles, which have been maturing at its Speyside distillery in Scotland since 1974. Discover...

Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan


On February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting...

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