On Dec. 14, 2022, statistics show that non-fungible token (NFT) sales jumped 27.72% higher than NFT sales recorded last week. The Bored Ape Yacht Club (BAYC) NFT collection captured the most sales this week but on Wednesday afternoon, the floor value tied to Cryptopunks once again jumped above the floor value associated with the BAYC NFT collection. $154 Million in…
Month: December 2022
Sens. Warren and Marshall introduce new money-laundering legislation for crypto
As the cryptoworld focused on the drama unfolding around FTX, United States Sen. Elizabeth Warren and Sen. Roger Marshall introduced the “Digital Asset Anti-Money Laundering Act of 2022” on Dec. 14. The seven-page bill would expand the classification of money service business (MSB), prohibit financial institutions from using technology such as digital asset mixers and regulate digital asset kiosks, otherwise…
Bitcoin Back Above $18,000 for First Time Since FTX Collapse
The price of Bitcoin is back above $18,000 for the first time since crypto exchange FTX blew up. At the time of writing, CoinGecko data showed the biggest cryptocurrency was trading hands for $18,115—a nearly 2% 24-hour increase. It’s up 6% in the past seven days. The last time Bitcoin traded for this much was on November 8—the day the…
Reaching the Bitcoin price bottom is a process, says The Wolf of All Streets, Scott Melker
Crypto investor, trader and content creator Scott Melker, also known as The Wolf Of All Streets, joined the new Crypto Trading Secrets podcast for an interview with host Benjamin Pirus. During the conversation — which was recorded on Nov. 29 — Melker gave his opinion on numerous topics, including what he looks for on Bitcoin’s (BTC) price chart to tell…
Senator Warren Introduces New Crypto Bill Targeting Self-Custody Wallets
In brief U.S. Senators Warren and Marshall today proposed the Digital Asset Anti-Money Laundering Act, targeting the cryptocurrency industry. The bill, which would place new KYC requirements on crypto network participants, has been deemed “opportunistic” and “unconstitutional” by advocacy group Coin Center. Amid this week’s United States Senate hearings about the collapse of FTX, Senators Elizabeth Warren and Roger Marshall…
Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high
Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on the day of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin bullish with Ustocks into FOMC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $18,126 on Bitstamp, beating the $18,106 high from the day prior. U.S.…
SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting – Bitcoin News
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana (SOL) was a notable gainer on Wednesday, as prices surged to a three-week…
Comic-Con guru says storytelling is the key component for successful NFT projects
NFT Steez, a new weekly Cointelegraph podcast exploring nonfungible tokens and Web3 projects, spoke to Comic-Con legend Gareb Shamus about how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities. What started off as a newsletter about comics — Shamus’ passion project — ultimately became known to the world as Wizard magazine. According to Shamus,…
Alien Frens, Critters Cult, Fluf World, Killer GF and more collections added to Kraken NFT
We’re thrilled to announce that we have added eleven new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing the first 70 collections earlier this year, and dozens more over the past few weeks, we carefully selected these new collections so you can continue to build the NFT collection of your dreams…
Will FTX’s ill wind reach the Global South? Maybe not
With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the West that crypto is having its “Lehman moment”? Brazil may have inadvertently revealed a cleft between the developed world and emerging markets with regard to the uses…