Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its latest NFT collection via the Sotheby’s Metaverse. The auction entitled, ‘Gifted: The 140 Collection,’ is considered to be Sotheby’s “biggest NFT charity auction ever,” with all of its proceeds going towards Sostento. The NFTs…
It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency’s environmental burden increases even more if the energy used for mining stems from fossil fuels. But SAITech, a Eurasia-based Bitcoin mining…
U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on the news that Powell will get a second term as the head of the central bank. Biden Chooses to Renominate Fed Chair Jerome Powell On Monday, president Joe Biden revealed that he has chosen Jerome Powell…
Los Angeles Rams wide receiver Odell Beckham Jr. has teamed up with Cash App to receive his $4.25 million salary for the 2021-2022 NFL season in Bitcoin. He’s also giving away $1 million in Bitcoin to Twitter followers. The giveaway lasts until the funds are gone or Friday, Dec. 10—whichever comes first. To enter, fans need to reply to his…
Odell Beckham Jr., wide receiver for the Los Angeles Rams football team, has said he will be taking all of his $4.25 million National Football League salary in Bitcoin. In a Nov. 22 post to his Twitter account, Beckham said he would be partnering with Cash App to take his next NFL salary in Bitcoin (BTC). National Insider reporter Ian…
Watch This Episode On YouTube Listen To This Episode: Something about the way Bitcoin Magazine’s Nick W. described the previous bitcoin price bull run instilled a sense of peaceful confidence in me. His emphasis on self-reflection in order to learn about the future was a great perspective that I had not yet heard on the show. Along with discussing his…
Looking at the past 7-days of winners and losers might give one the impression that cryptocurrency markets are net positive. Still, total market capitalization actually fell by 6.7% to $2.72 trillion as Bitcoin’s (BTC) price retraced 8.3% to $58,425. Top winners and losers from the sector’s top 80 coins. Source: Nomics The only connection between this week’s top gainers seems…
Ethereum competitor Avalanche has continued to soar in value after nabbing a spot at the weekend in the top 10 biggest cryptocurrencies by market value. The native cryptocurrency of the high-speed, low-cost blockchain, AVAX, today spiked by 10%, according to CoinGecko data. Earlier today, the crypto asset hit a daily high of $142.34. It has since corrected somewhat and is…
Swan Bitcoin raised $6 million in Series A financing on a $90 million pre-money valuation.The round was co-led by Mimesis Capital and Ten31, and Lightning Ventures and Plan B Ventures also participated.Swan aims to be publicly traded on the Nasdaq by 2024. Bitcoin buying app Swan has raised $6 million in a Series A funding round co-led by Mimesis Capital…
In brief Jerome Powell has been on the Federal Reserve Board of Governors since 2012. Stablecoins and Bitcoin have become more popular since his chairmanship began in 2018. He is likely to be confirmed for a second term as chair. The Beltway has been abuzz with rumors that President Biden, a Democrat, might not offer Federal Reserve Chair Jerome Powell,…
