Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done now,” noting that it is the result of Ripple’s “direct interactions with regulators and bipartisan policymakers.” Ripple’s ‘Real Approach to Cryptocurrency Regulation’ Ripple…
My son recently celebrated his fifth birthday. We had a party for him and we did the obligatory “party packs” for the children. The highlight was the bubbles. It always is. The kids ran around and showered one another in bubbles. But there weren’t as many bubbles at that party as there have been bitcoin bubble-critics, some of whom are…
The VanEck Bitcoin Strategy ETF (XBTF) closed its first day of trading on Nov. 16 with “respectable” trading volume, but one that pales in comparison to similar launches. Bitcoin futures ETFs provide investors exposure to potential future prices of Bitcoin without forcing them to hold any Bitcoin themselves. At market close on the Chicago Board of Exchange (CBOE), XBTF had accumulated…
In brief CXIP Labs launched CXIP DAO with the goal of letting creators control the NFT market instead of centralized marketplaces. CXIP says anyone who has ever minted an NFT on Ethereum can claim CXIP Tokens and join the DAO. Many artists bristle at control and limitations. And while some have turned to non-fungible tokens as a new revenue stream,…
Production company Miramax has filed a lawsuit accusing director Quentin Tarantino of copyright infringement for selling NFTs derived from his blockbuster 1994 film, Pulp Fiction. On Nov. 2, Tarantino announced he would be tokenizing seven uncut screenplay scenes for the critically-acclaimed film as nonfungible tokens in December 2021. The NFTs will be built on the Secret Network, a layer one…
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. There’s a new paradigm unfolding among the large public bitcoin miners: They don’t want to sell their bitcoin, and they also want to…
Cryptocurrency exchange Binance has called for “global regulatory frameworks for crypto markets.” The company has also launched a “Crypto Is Evil” ad campaign featuring “10 Fundamental Rights for Crypto Users.” Binance Pushes for Global Crypto Regulation, Introduces ‘Crypto Is Evil’ Ads Cryptocurrency exchange Binance called for “global regulatory frameworks for crypto markets” Tuesday with a publication of “10 Fundamental Rights…
Distributed ledger technology has only scratched the surface of its potential, and bitcoin is in many ways bringing these possibilities into the limelight, so much so that it has sparked unprecedented global adoption. Moreover, the growing institutional embrace is a force to be reckoned with, and MicroStrategy’s accumulation is just one strong example of the accelerating purchase pace. CEO Michael…
Ether (ETH) traders might have a few reasons to panic after today’s 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target at $5,500. Ether/USD price at FTX. Source: TradingView Those not worried about technical analysis will understand that the cryptocurrency‘s 3.4% daily volatility justifies the 10% negative price swing.…
In brief Film studio Miramax is suing director Quentin Tarantino over his plans to release Pulp Fiction-inspired NFTs. Miramax alleges that Tarantino doesn’t have the rights to release such NFTs. Director Quentin Tarantino’s recent announcement of NFT collectibles based on his classic film “Pulp Fiction” generated a lot of buzz amongst movie buffs. However, it also caught the attention of…
