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Beeple's '5000 Days' NFT Sold for USD 60.25M at Christie's

11.3.2021
A fragment of “EVERYDAYS: THE FIRST 5000 DAYS” by Beeple. Source: A screenshot, onlineonly.christies.com A non-fungible token (NFT) piece of art thirteen years in the making was just sold for a whopping USD 60.25m at famous British auction house Christie's, becoming the most expensive NFT ever...

BlockFi Valued at USD 3B Following USD 350M Round

11.3.2021
BlockFi co-founders: Flori Marquez and Zac Prince The US-based major financial services company focused on cryptoassets, BlockFi, was valued at USD 3bn following its recent USD 350m Series D fundraising round. It was led by new investors including Bain Capital Ventures, partners of DST Global...

Bitcoin Corrects After Hitting USD 55K, Ethereum And Altcoins Supported

10.3.2021
Bitcoin price extended its rise above the USD 55,000 resistance zone. BTC even spiked above USD 55,000 before it started a downside correction. It is currently (05:30 UTC) holding gains above USD 53,000 and there are chances of a fresh increase above USD 54,500. Similarly, most major altcoins...

Coinbase Reportedly Valued at USD 90B in a Private Auction

9.3.2021
Source: Instagram, Coinbase US-headquartered major crypto exchange Coinbase is said to be valued at USD 90bn in a private auction. The company shares traded at some USD 90bn value last week, based on USD 350 a share, which is the price the stock was trading at the auction last Thursday on...

Bitcoin Breaks USD 54K, Ethereum and Altcoins Start Fresh Surge

9.3.2021
Bitcoin price started a steady increase after it settled above the main USD 50,000 resistance. BTC even broke the USD 52,000 resistance and gained over 5%. It is currently (05:00 UTC) showing positive signs, possibly moving towards USD 55,000 and USD 55,800. Similarly, most major altcoins started...

Crypto Fever Back in South Korea, Average USD 7B Per Day Transacted

6.3.2021
A new report from South Korea appears to show that the latest rush in bitcoin (BTC) and altcoin investment in the country is “now higher than three years ago,” and that it’s not all about the new wave of Korean “crypto moms” – younger folk are also laying down some serious capital in their...

FC Barcelona Presidential Election Gets A USD 72M Crypto Twist

5.3.2021
A leading candidate for the presidency of FC Barcelona, one of the most famous football clubs in the world, claims he has negotiated a deal that would reportedly see a Hong Kong crypto exchange become the club’s main shirt sponsor in a deal worth USD 71.7 million a year. Per BeSoccer, the claims...

Bitcoin Consolidates Below USD 50K, Ethereum, Altcoins Extend Decline

4.3.2021
Bitcoin price started a downside correction from the USD 52,500 zone. BTC settled below USD 50,000, but it remained stable above USD 48,000. It is currently (13:30 UTC) consolidating and it might climb back above USD 50,000. Besides, most major altcoins are showing a few bearish signs. ETH traded...

Bitcoin Fails Above USD 52K, Ethereum and Altcoins Correct Gains

4.3.2021
Bitcoin price spiked above the USD 52,000 resistance, but it failed to remain stable. BTC started a fresh decline below the USD 51,000 support. It is currently (05:00 UTC) trading below USD 50,000 and it seems like there are chances of more downsides. Besides, most major altcoins are also...

Bitcoin Returns Above USD 50,000 In Less Than A Week

3.3.2021
The most popular cryptocurrency, bitcoin (BTC) is rallying above the USD 50,000 level again after leaving this zone less than a week ago and dropping below USD 44,000 on Sunday. At the time of writing (09:42 UTC), BTC trades at USD 51,154 and is up by 4% in a day and 5% in a week. From the top...

Bitcoin Targets USD 50K Again, Ethereum, Altcoins Hold Supports

3.3.2021
Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term. Besides, most major...

Bitcoin Struggles Near USD 50K, Ethereum and Altcoins Consolidate Gains

2.3.2021
Bitcoin price recovered above USD 48,000 and it tested the USD 50,000 resistance. BTC is currently (12:30 UTC) consolidating above the USD 48,000 support zone. It might make another attempt to clear USD 50,000 as long as there is no close below USD 48,000. Besides, most major altcoins are holding...

Bitcoin Plays With USD 50K, Ethereum, Altcoins Gain Bullish Momentum

2.3.2021
Bitcoin price started a steady increase above USD 45,000 and it even surpassed USD 48,000. BTC tested the USD 50,000 resistance and it is currently (05:00 UTC) consolidating gains. The price could continue to rise if the bulls gain strength above the USD 50,000 resistance. Besides, most major...

American Music Producer Makes USD 11.7M in NFT Sales

1.3.2021
3Lau. Source: A screenshot, Instagram/3lau The link between crypto, blockchain and the music industry is growing increasingly strong, after an American electronic dance music producer set a new high for non-fungible token (NFT) sales, raising some UD 11.7m in the sale of 33 unique items – with...

MicroStrategy Spent USD 15M on Bitcoin Dip

1.3.2021
One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just used the recent bitcoin (BTC) correction to increase their BTC stash. Per CEO Michael Saylor, the company has purchased an additional BTC 328 for around USD 15m in cash at an average price of USD 45,710...

Bitcoin Is 'Perfect' For The USD 20T Global Collateral Market - Research

25.2.2021
Bitcoin (BTC)'s unique features make it a perfect collateral asset, providing it with major potential to capture a share of the global collateral market which is estimated at close to USD 20trn, according to Norwegian crypto-focused research firm Arcane Research. “Based on our calculations and data...

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