Christie’s auction house has sold a digital portrait of the Bitcoin (BTC) code “Block 21” for over $130,000—marking the first time a non-fungible token (NFT) was auctioned at a major auction house. The NFT art piece sold by Christie’s for over $130K was created by Ben Gentilli and is meant to represent Satoshi Nakamoto’s vision, … Continue reading Christie’s Auction House Sells NFT Crypto Art ‘Block 21’ for Over $130K
Bitcoin is nearing the $12K mark, but experts are saying that the level may not be beneficial for the mainstream cryptocurrency if market bulls fail to turn it into a support level. Bitcoin is aiming sky-high Yesterday, Bitcoin (BTC) pushed past the $12K mark for a bit, a critical hurdle that has not been overcome … Continue reading Anthony ‘Pomp’ Pompliano Gives Investment Advice as Bitcoin to Break $12K
The Bahamas has launched the Sand Dollar, making it the first country in the world to officially release a central bank digital currency (CBDC) beyond the testing phase. The Central Bank of the Bahamas has announced the world’s first state-backed virtual currency—the Sand Dollar—with the CBDC now available to all citizens of the Bahamas. The … Continue reading The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’
As China moves to cement its influence in the Asia-Pacific region, Chinese President Xi Jinping has promised to further strengthen cooperation and promote a “digital Silk Road” with ASEAN member states. On November 27, President Xi assured the Asian leaders that China’s top priority is to develop its relationship with the Asean (Associations of Southeast … Continue reading China’s President Xi Jinping Asks ASEAN Countries to Join Hands in Building A ‘Digital Silk Road’
Brian Brooks has been making waves at the Office of the Comptroller of the Currency (OCC) since joining the regulator earlier this year—but his latest proposal called ‘country coin’ appears to have the potential to change the world and could be a serious solution to closing the wealth gap between developed and developing nations. Brooks, … Continue reading OCC’s Brian Brooks Proposes ‘Country Coin’ Crypto Scheme to Close Global Wealth Gap
The crypto space has proved to be a force to reckoned with as the year nears its end. Record highs have been the underlying tone of the cryptocurrency industry, as Bitcoin also spiked to an all-time high this past weekend. Leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) have been giving a good name to crypto … Continue reading Ethereum Surges Past $700 for the First Time since 2018, ETH Supply on Exchanges Diminishes
Bitcoin’s price rally seems to have been ignited again given that it is up by 10.97% in the last 24 hours to hit $38,549 at the time of writing, according to CoinMarketCap. The leading cryptocurrency recently tumbled to an intraday low of around $32,200 based on a looming correction following its bull run that saw … Continue reading Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018
“Crypto Mom” Hester Peirce is not the biggest fan of using the Howey Test to determine whether crypto assets are securities. The Howey Test was birthed around 1946 and is frequently used to this day by the Securities and Exchange Commission and the court to determine whether an asset is a security. Its origins stem … Continue reading SEC Commissioner & ‘Crypto Mom’ Hester Peirce Suggests Plan to Determine Whether an Asset is a Security
As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Schwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount. Schwartz tweeted: “If you have life-changing amounts of cryptocurrency, please take some time to seriously consider … Continue reading Investors Should ‘Seriously Consider’ Selling Some Crypto, says Ripple CTO as Bitcoin Tops $64,500
Coinbase’s listing on Nasdaq has created quite a stir in the cryptocurrency industry and has served to push many cryptocurrencies to new all-time highs (ATHs). Speaking on CNBC’s Squawk Box today, Galaxy Digital CEO Mike Novogratz testified to this and called Coinbase’s listing a “Netscape moment for the cryptocurrency economy.” Novogratz is referring to the … Continue reading Galaxy Digital Calls Coinbase Listing a ‘Netscape Moment for Crypto’ as Digital Assets Rise to New ATHs