John Lennon’s son Julian is selling several items of Beatles and John Lennon memorabilia as non-fungible tokens (NFTs)—but the physical items themselves aren’t going on sale. The Lennon Collection series of NFTs includes Paul McCartney’s handwritten notes for the Beatles song “Hey Jude,” as well as items of clothing worn by John Lennon during his tenure in The Beatles. Bidding…
Month: January 2022
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official post also quoted the chairman Wimboh Santoso who said…
Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments
Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Fed may spark fresh volatility Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading above $36,000 on Tuesday, with maximum 24-hour gains totaling 14% versus Monday’s floor. Bitcoin‘s correlation to equities remained in focus…
Metaverse, Layer 1 Cryptocurrencies Jump as Grayscale Updates ‘Assets Under Consideration’
Digital asset manager Grayscale Investments announced that it is currently reviewing 25 new cryptocurrencies, including some high-profile Layer 1 and Metaverse cryptocurrencies. If selected, the firm would likely launch a trust focused on the specific cryptocurrency, akin to its Grayscale Bitcoin Trust or its Grayscale Chainlink Trust, for example. These include ALGO (Algorand), ATOM (Cosmos), AXS (Axie Infinity), DCR (Decred),…
Orange-pilled by Michael Saylor, NorthmanTrader CEO now a Bitcoin supporter
There is still room for humility and humor amidst a gloomy January for Bitcoin (BTC). A former outspoken Bitcoin critic has flipped bullish on Bitcoin after conversations with Michael Saylor, CEO of Microstrategy. What’s more, Sven Henrich, the CEO of market analysis firm NorthManTrader, made light of his change of heart retweeting a jibe from Twitter account Documenting Bitcoin. Excellent…
Canadian Consumer Group Warns of ‘Exploding’ Crypto Scam Industry
The Better Business Bureau Serving Southern Alberta and East Kootenay (BBB), a Canadian consumer advocacy group, has warned against the “exploding” crypto scam industry, per Global News. “It’s kind of the wild west in the crypto asset market right now. It’s a big problem. It’s exploding,” the BBB’s Wes Lafortune told Global News, which contacted the consumer group about a…
The Beatles and John Lennon music history collection to be auctioned as NFTs
John Lennon’s eldest son Julian is selling some of the rarest pieces of music history from his private collection. John Lennon’s coat from the “Magical Mystery Tour” film, his cape from “Help!,” three guitars and Paul McCartney’s handwritten arrangement notes for “Hey Jude” are some of the most sought after memorabilia from music history up for nonfungible token (NFT) auction.…
McDonald’s jumps on Bitcoin memewagon, Crypto Twitter responds
Prominent crypto entrepreneurs and supporters, who shared memes on Twitter about doing odd jobs amid an ongoing market crash, were joined by global fast-food giant McDonald’s — the brand infamously linked with temporary Bitcoin (BTC) market crashes. BTC price saw a steady downfall ever since breaching into an all-time high of $69,000 back in November 2022. Eventually, as BTC started…
Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets – Regulation Bitcoin News
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into Two Phases The Oman financial regulator, the Capital Markets Authority (CMA), recently invited companies interested…
‘Stop panic selling’ — Bitcoin whales bag spare BTC as exchange balances fall
Bitcoin (BTC) is being aggressively bought up at prices near $30,000 as bidders begin to soak up liquidity from short-term sellers. Data from on-chain monitoring resource CryptoQuant shows that as of late December, Bitcoin exchanges have begun to shed their BTC reserves once more. BTC conspicuously attractive at current levels After a period of traders sending BTC to exchanges, possibly…