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Rare ‘Alien’ CryptoPunk NFT Sells for USD 23M Worth of Ethereum
14.2.2022
An avid non-fungible token (NFT) collector and ethereum (ETH) holder has made history by spending a whopping USD 23 million worth of ETH on a CryptoPunk token – the highest fee ever forked out for an item in the so-called “OG” collection....
Read More: Rare ‘Alien’ CryptoPunk NFT Sells for...
Binance Invests USD 200M in Forbes
10.2.2022
Major crypto exchange Binance has made a USD 200m strategic investment into the global media company Forbes.
The news was announced today by Forbes and publicly traded special purpose acquisition company Magnum Opus Acquisition Limited.
Per the announcement,...
Read More: Binance Invests...
Bitcoin Tests USD 45K Again, Ethereum Gains Bullish Momentum, Altcoins in Green Too
10.2.2022
Bitcoin price remained well bid above the USD 43,000 level. BTC started a fresh increase and traded above the USD 44,000 level. It is currently (11:52 UTC) gaining pace and is trading around USD 45,000.
Similarly, most major altcoins are gaining bullish momentum. ETH is back above USD 3,200...
Cash Flow Portal Raises $3.5 Million in Seed Round to Make Real Estate Investing More Accessible to All
10.2.2022
Cash Flow Portal, a real estate investment technology startup based in Seattle, WA, announced today that it had raised $3.5 million in seed funding. Investors include luminaries from Lyft, Google, and Coinbase. Cash Flow Portal provides real estate deal sponsors with comprehensive tools...
AssangeDAO Wins the Bid for Pak's Clock NFT for USD 53M
10.2.2022
AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange.
The DAO used...
Luxury Auction House Sotheby’s Plans to Auction 104 Cryptopunks Worth an Estimated $20M
9.2.2022
On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to...
Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News
9.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Apple Taps to Pay, IMF on CBDCs, Political Coinbase, Compute North Raises USD 385M + More News
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, as Russia Looks to Regulate Crypto
9.2.2022
Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from the news surrounding...
Binance Labs Invests $1.5 Million in GAMEE
9.2.2022
Binance Labs, Binance’s venture capital arm and incubator, has revealed a new strategic investment of $1.5 million in GAMEE, Animoca Brands’ play & earn mobile gaming platform subsidiary. These really are significant developments both for Arc8 as well as G-Bots, the GMEE-powered...
Bitcoin’s Current Fair Price Is Around USD 38,000 - JPMorgan
9.2.2022
US investment bank JPMorgan estimates that the “fair value” of bitcoin (BTC) is around USD 38,000, basing its valuation on the crypto’s volatility in comparison with gold.
The estimate, developed by a team of strategists led by Nikolaos Panigirtzoglou, was published yesterday in a note,...
Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News
8.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Metaverse Regulation, Alchemy Raises USD 200M, Stablecoin Hack + More News
US Arrests Two Suspects in Bitfinex Bitcoin Hack, Seize USD 3.6B in Crypto
8.2.2022
Two individuals were arrested this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, presently valued at approximately USD 4.5bn, the US Department of Justice said.
According to them, thus far, law enforcement has seized...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge
8.2.2022
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to multi-week highs. BTC climbed to $45,000, with ETH moving to $3,200. Bitcoin Bitcoin prices were marginally below yesterday’s high, as profit takers look...
Russia Plans Up To USD 13.3B In Crypto Taxes
8.2.2022
Amid ongoing talks on new crypto regulation, the Russian government reportedly estimates that, if the country introduces regulations for the crypto market and imposes a tax on transactions that involve cryptoassets, it could generate as much as RUB 1tn (USD 13.3bn) in revenue for the state...
Aleo Raises $200M in Series B to Expand Blockchain Platform
8.2.2022
Aleo, a top platform for developing corporate blockchain-based apps, has raised $200 million in a Series B funding led by SoftBank Vision Fund 2 and Kora Management LP, with involvement from Slow Ventures, Tiger Global, Sea Capital, Andreessen Horowitz (a16z), Samsung Next, resulting in a $1.45...
Brace for Green February, Kraken Tells Bitcoin Hodlers as BTC Tests USD 45K
8.2.2022
Despite January being the historically worst performing month for bitcoin (BTC), the coin’s -19% return for the month this year “did not live up to expectations,” crypto exchange Kraken said. But if history is a guide, February should be better for BTC investors, with average returns of +17%...
Polygon's USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News
7.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon's USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
7.2.2022
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544 crypto exchanges is worth $2.08 trillion, up 5.2% during the last 24 hours. Crypto Economy Moves Northbound Past the...
Bitcoin Climbs Above USD 43K, Analysts See a Bull Long-term Too
7.2.2022
While bitcoin (BTC), ethereum (ETH), and most of the broader crypto market rose higher in price today, a number of researchers and analysts are arguing that the crypto market may be bottoming out and that it could be in for a bullish ride later in the year, prompted by a number of possible...
Tesla Reports USD 101M of Impairment Loss from Bitcoin Investments in 2021
7.2.2022
Electric car manufacturer Tesla saw some USD 101m of impairment losses in 2021 as a result of bitcoin (BTC) price changes and therefore in the value of the company’s BTC holdings.
This was disclosed in a filing with the US Securities and Exchange Commission (SEC) for the previous fiscal year...