Nifty News: Vogue tokenizes magazine covers, autographed Tesla and more…

NFTs are in Vogue Readers of high-end fashion magazine Vogue Singapore will be able to fight for a chance to purchase two tokenized front cover images. The front cover of Vogue’s September issue will feature QR codes allowing readers to sign up for an auction of two one-of-a-kind “virtual-only covers.” While Vogue has revealed that …

Hacked Liquid exchange receives $120M debt funding from FTX

Japanese cryptocurrency exchange Liquid has secured $120 million in debt financing from FTX Trading after suffering a nearly $100 million hack last week. Announcing the news Thursday, Liquid Group and FTX Trading — the owner and operator of crypto exchange FTX — said that the new funds will help Liquid improve its balance sheet and …

11% of young Americans have invested their stimulus checks into crypto

A new survey has found that more than one in ten American citizens aged between 18 to 34 have invested part of their Covid-19 stimulus checks into crypto assets. Conducted by CNBC and research firm Momentive, the survey queried 5,530 adults and found that 11% of survey participants had purchased cryptocurrency with their stimulus money. Roughly …

OnlyFans reverses decision to ban porn after assurances from ‘banking partners’

OnlyFans has made a sharp u-turn on its decision to ban sexually explicit content after it received a  backlash from creators and some new assurances from at least one bank suffering bad PR. The platform became wildly popular by connecting online sex workers to subscribers, but this has not gone down well with a number …

Crypto soars to account for 73% of trading commissions on eToro in Q2

Crypto grew to represent 73% of trading commissions on popular retail trading app eToro in the second quarter. eToro announced its Q2 results on Aug. 25, with the firm posting $362 million worth of total trading commissions and reporting its assets under administration had reached $9.4 billion. In an investor update released on the same …

Asset managers and companies accumulate 1.2M Bitcoin worth $57 billion

Around 6% of Bitcoin’s circulating supply has been accumulated by asset managers and companies, signaling ever increasing mainstream and institutional adoption of crypto assets. According to Buy Bitcoin Worldwide, 816,379 BTC worth $40.1 billion is currently held by 14 Bitcoin fund issuers and asset managers — representing 4% of the cryptocurrency’s supply. Industry leader, the …

Bitcoin (BTC) on-chain analyst reveals short term ‘bearish outlook’ as ‘supply shock’ looms

As Bitcoin dips back below $50,000, data is emerging of a possible short-term bearish outlook. Bitcoin supply shock dynamics Will Clemente, self-described as a “Lead Insights Analyst,” anticipates short-term bearish action for the Bitcoin price. This, he explains, is due to three factors – a drop in illiquid supply ratio, BTC inflows into exchanges, plus …

Big boost for Ethereum Name Service (ENS) as Budweiser buys beer.eth

Budweiser, the self-proclaimed “King of Beers,” looks to Ethereum in a bid to go crypto. The firm behind the biggest selling beer in the U.S has just bought the beer.eth domain name, via Opensea, for 30 ETH (about $100,000). Budweiser’s official Twitter account has also changed its profile picture to a Budweiser rocket. NFT artist …

Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin

Three Arrows Capital CEO Su Zhu has outlined a bullish thesis for Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE). Speaking on an Aug. 25 episode of “The Game Theory of Crypto Podcast”, Zhu stated that he’s ke on DOGE because the meme coin has captured more interest from “blue-collar” traders than any other crypto on the …

COTI (COTI) is launching on Coinbase Pro

Starting Today, Wednesday August 25, transfer COTI into your Coinbase Pro account ahead of trading. Support for COTI will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page . Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address …

Remote-First Engineering: What We’ve Learned One Year In

By Manish Gupta, EVP, Engineering When we announced last May that Coinbase would embrace being a remote-first company, we knew there was much we hadn’t yet figured out. How would we tap into a capable, international engineering community without losing the sense of culture and mission that drives us at Coinbase? There wasn’t a playbook …

Puell Multiple: The Bitcoin Metric That Says BTC Miners Aren’t Ready To Sell

Miners determine more of bitcoin price than most investors understand. The price at which miners are willing to sell usually correlates with how much profit that they can make from selling the coins that they have mined. Depending on the price of the asset, miners usually choose to sell or hold it. This could influence …

Total Crypto Market Cap Reenters Monthly RSI Bull Zone

Bitcoin and its altcoin brethren are back bullish, both on individual price charts but also when looking at the total crypto market cap at large. The aggregate of all major and minor cryptocurrencies has fully reentered the bull zone on the monthly RSI, which could indicate that the bull market will blast back off any …

Despite Drop To $47k, Coinbase Observes 31k Bitcoin Outflow. Bull Rally Still On?

On-chain data shows despite the Bitcoin drop to $47k, Coinbase saw outflows of around 31k BTC, a sign that the market could still be bullish. Outflows Of 31k BTC On Crypto Exchange Coinbase As pointed out by a CryptoQuant post, the popular crypto exchange Coinbase has observed huge Bitcoin outflows today. As is apparent from …

Hoskinson Celebrates Ethereum Smart Contracts On Cardano, How This Company Enables It

The Cardano smart contract era is closing in, soon the Plutus platform that will host them will be integrated into the mainnet. In that sense, there are many changes and features to be launch on the network. The inventor of Cardano Charles Hoskinson has been updating the community on the progress made during the smart …

Please enter CoinGecko Free Api Key to get this plugin works.
Exit mobile version