BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action. Source: https://cointelegraph.com/news/price-analysis-5-2-btc-eth-bnb-sol-xrp-luna-ada-doge-avax-dot
In brief OpenSea set a new one-day record for Ethereum NFT trading on Sunday with $476 million. Much of that tally comes from Otherdeed NFTs, which represent virtual land plots in the Bored Ape Yacht Club’s upcoming metaverse game. This weekend’s launch of deeds for virtual land plots on Otherside—a metaverse game from the creators of the Bored Ape Yacht…
In a recent SEC filing, Tesla doubled-down on its bitcoin investment as “a liquid alternative to cash” thesis.Tesla experienced a rocky path from buying bitcoin, to accepting it as payment, and later removing it as a payment method over environmental concerns. Tesla also recently entered the bitcoin mining space. In a recent U.S. Securities and Exchange Commission (SEC) filing, Tesla…
The Bitcoin Mining Council (BMC) has responded to a letter sent to United States Environmental Protection Agency (EPA) Administrator Michael Regan by Democratic legislators last month with a letter of its own seeking to rectify inaccuracies about Bitcoin (BTC) mining and its environmental impact. Penned by MicroStrategy CEO Michael Saylor, Castle Island Ventures partner Nic Carter and Darin Feinstein of…
In brief Square Enix will sell IP and game studios to Embracer Group for $300 million. The publisher said that the move will aid its pivot into blockchain-based games. Square Enix has been one of the loudest voices in support of blockchain and NFT-based games in the gaming industry, but now the publisher is really putting its money where its…
The Bitcoin Mining Council wrote a letter to the Environmental Protection Agency to refute energy usage misconceptions related to bitcoin mining.The BMC letter addresses concerns about Bitcoin’s emissions, environmental risks, waste, energy grids, and more. The BMC letter showcases and addresses educational gaps for U.S policy makers. Michael Saylor, Jack Dorsey, Fidelity Investments, and others belonging to the Bitcoin Mining…
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network (TON) Foundation. In addition to the toncoin support, users can also purchase bitcoin via the software’s bot system. TON Foundation Reveals Telegram Toncoin Support, Users Can Purchase Bitcoin via Bot The ability to send and receive cryptocurrency using Telegram…
Mairead McGuinness, the commissioner for financial services, financial stability and capital markets union at the European Commission, is calling for global regulators to work together to address potential risks in the crypto market. In a Sunday opinion piece in political media outlet The Hill, McGuinness said the European Union and the United States could help lead the world in a…
The mad rush to buy Otherdeed NFTs over the weekend spiked gas fees on the number two crypto network, and burned 55,843 Ethereum in the process, worth approximately $157 million, making it the sixth-largest source of burned ETH ever. Saturday’s minting event managed to top the all-time burns of OpenSea’s exchange contract, the largest NFT marketplace; a Uniswap V3 router,…
Good fences make good neighbors. Clear boundaries separate responsibility and make clear who is due what. With good boundaries, we can act more decisively because we know what we own. Without it, nobody feels responsible so it gets plundered like an appetizer plate which inevitably comes down to that last piece which keeps getting split in half. We call what…
