[ad_1] Holders of CryptoPunk non-fungible tokens (NFTs) are being offered the chance to obtain physical prints of their digital art items, according to an October 26 announcement. The items are being offered as part of a partnership between online art store Avante Art and CryptoPunks brand owner Yuga Labs. The sale will last for only 48 hours. It began on October 26 at 3:00 p.m. UTC and will end on
[ad_1] JPMorgan analysts caution that SEC rejections of Bitcoin ETF applications could spark new legal battles. Image by plysuikvv, Adobe Stock. The possibility of SEC approval for a spot bitcoin exchange-traded fund (ETF) has generated growing optimism in recent weeks, with some analysts predicting approvals could come within months. Potential legal battles loom if the SEC ultimately rejects any spot Bitcoin ETF applications, however. According to a Wednesday report from
[ad_1] Source: AdobeStock / Iryna Budanova Binance USD (BUSD), the stablecoin issued by Paxos for crypto exchange Binance, has seen a decline in market capitalization of more than 90% from its peak last year. According to CoinGecko data, BUSD’s market cap has plummeted from an all-time high of $23.5 billion, recorded on November 15, 2022. The current market cap stands at close to $2.1 billion, significantly lower than stablecoins like
[ad_1] Source: Adobe/alberto Bitcoin ( BTC)‘s latest bull market officially started on June 22, 2023, when the leading cryptocurrency reached a new one-year high. In a recent report, crypto financial services platform Matrixport said Bitcoin’s fifth bull run has already started and could see the flagship cryptocurrency reach an impressive $125,000 by December 2024. “This bull market officially commenced on June 22, 2023, when Bitcoin reached a new one-year high
[ad_1] Bankman-Fried’s decision to testify comes after a number of his former close associates took the stand against him. Former Alameda Research CEO Caroline Ellison, FTX co-founder, Gary Wang, and head of engineering for FTX Nishad Singh, largely deflected responsibility back to Bankman-Fried by alleging he was the mastermind behind the company’s misuse of customer funds. However, Bankman-Fried could be seen shaking his head no multiple times during their
[ad_1] Source: Circle Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service in Taiwan. Circle has collaborated with two Taiwanese firms – crypto exchange BitoGroup and convenience store chain Taiwan FamilyMart – to launch ‘Points-to-Crypto’ service. Per a Thursday announcement, the collaboration would allow users to convert their FamilyMart loyalty points, to cryptocurrencies like USDC. The service does not involve any
[ad_1] A new Coinbase report on the state of crypto has revealed the disillusionment of younger generations (Gen Z and Millennials) with the traditional American dream and the financial system. It shows young Americans are more open than older generations to unconventional paths to financial independence, such as crypto, than older generations.According to the report, young people find the American dream less achievable, partly due to high housing costs, inflation
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[ad_1] AdvertismentWillemstad, Curacao, October 26th, 2023, Chainwire BetFury celebrates its 4th Anniversary and drops $1,000,000. Each user can share the main prize along with other profitable rewards. Users are invited to join BetFury’s big birthday crypto party and participate actively for a chance to win a share of the great prize. Users can use the promo code ‘BIRTHDAY’ to dive into the world of opportunities and begin potentially earning from
[ad_1] The head of the Securities and Exchange Commission (SEC) Gary Gensler disclosed a summary of the agency’s performance in its quest to promote a more transparent market. In his speech at the 2023 Securities Enforcement Forum titled, “Partners of Honest Business and Prosecutors of Dishonesty,” he highlighted contemporary issues faced by regulators as well as legal challenges, achievements, and a mini talk on the crypto market. Hailing the efforts
