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Troop of Bored Ape NFTs Rises Above the Competition, BAYC Donates $200K in ETH to Orangutan Outreach
12.8.2021
While non-fungible token (NFT) assets have been raking in millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT collectibles is a collection of 10,000 Bored Ape NFTs and just recently the project sales volume...
Bitcoin and Ethereum Lack Momentum, XRP Tests USD 1
12.8.2021
Bitcoin price is stuck in a range above the USD 45,000 support zone. BTC seems to be facing a strong selling interest above USD 46,500. It is currently (05:34 UTC) consolidating near USD 45,000.
Most major altcoins are also correcting gains. ETH spiked above USD 3,250 and it is now consolidating...
Soccer Giant AC Milan Seals Sponsorship Deal With Crypto Exchange Bitmex
12.8.2021
Italian soccer club AC Milan and Bitmex have reached a long-term partnership agreement that will put the logo of the cryptocurrency exchange on Milan’s jerseys. As part of the sponsorship deal, Bitmex will become Milan’s ‘official sleeve’ and ‘crypto trading’...
Poly Network Defi Hacker Returns a Large Fraction of Tokens, Chainalysis Evaluates Hacker’s Onchain Movements
12.8.2021
On August 11, the blockchain intelligence firm Chainalysis published its findings on the recent Poly Network hack which saw the loss of approximately $611 million crypto tokens. The assessment from Chainalysis backed up the claims made by the security company called Slowmist that shows the hacker...
Dutch Bitcoin family reveals how they safeguard a fortune in crypto
12.8.2021
Hardware wallets and a range of secure, but unusual locations, is the storage method of choice for this crypto family
Kevin O’Leary Buys More Crypto, Gets Paid in Crypto, Partners With FTX Exchange
12.8.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, is increasing his cryptocurrency allocation. He is also taking an equity stake in the FTX crypto exchange and has signed a multi-year deal to become its ambassador and spokesperson. He will be paid in crypto for his services. Kevin...
SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker
12.8.2021
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need...
Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption
12.8.2021
The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance...
Traders hope for a new altcoin season now that Bitcoin turned $45K to support
12.8.2021
Bitcoin’s consecutive daily closes above $45,000 were followed by a 40% rally from ICP, RVN, VGX and EGLD, leading traders to believe that a new altcoin season is starting
Multi-Billion Dollar Wealth Manager Neuberger Berman Adds Exposure to Bitcoin, Ethereum
11.8.2021
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order...
LoFi-DeFi Fair Launch Is Set to Smash Records
11.8.2021
PRESS RELEASE. The last two weeks saw decentralized finance cryptocurrency startup LOFI-DEFI gain intense social adoption for what is positioned to be the biggest fair launch in DeFi history. Tens of thousands of investors have gathered in its combined international Telegram communities to await...
Price analysis 8/11: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, LINK, SOL
11.8.2021
Bitcoin and most major altcoins remain above their respective 200-day moving average but the market's momentum will depend on whether BTC can pierce the $48,000 level
Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements
11.8.2021
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August...
Argentinian MP Calls for Gov’t Mining Answers as Crypto Real Estate Interest Grows
11.8.2021
Crypto is becoming a big deal in Latin America, where an Argentinian MP has demanded crypto policy answers from the government – while interest in crypto-powered real estate rises in the country.
According to Parlamentario, Martín Berhongaray, an MP for the Radical Civic Union Party –...
Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation
11.8.2021
COIN exceeded earnings estimates but analysts caution that blanket crypto-sector regulation will “stifle innovation” and possibly cast a shadow on Coinbase's growth
Digital insurer Metromile follows through with $1M Bitcoin purchase
11.8.2021
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Crypto market cap returns to $2T for the first time since May
11.8.2021
Bitcoin dominance is falling again as Ether rises and altcoins look to regain momentum
Altcoins soar while Bitcoin bulls gather strength to attack $48,000
11.8.2021
WINk, DENT and IOTX notched triple-digit gains as Bitcoin’s bullish momentum extends to the wider crypto market
$400B investment manager Neuberger Berman will allow crypto exposure through commodity-focused fund
11.8.2021
The firm reported the fund had more than $164 million in assets under management as of July 31, roughly 0.04% of its total AUM