Category: Cryptocurrency

Mar 07
Auctioneer willing to sell $70M artwork for BTC or ETH

Leading U.S. auction house Phillips is auctioning a Basquiat painting in May. Accepted payment options include Bitcoin and Ether. 3119 Total views 81 Total shares In further signs of crypto adoption among the art world, Phillips — a leading United States auction house — will accept crypto as payment for a Jean-Michel Basquiat painting, with […]

Mar 07
Whales' stablecoin buying power grew over 7% in one month: Here's what it means

Whales with USDT holdings of $10,000 to $10 million added $1.06 billion worth of Tether to their wallets over the past month, increasing their buying power by 7%. 2473 Total views 76 Total shares Bitcoin (BTC) price struggled to overcome $40,000 resistance over the weekend and currently trading just above $38,000. At a time when BTC is […]

Mar 07
FTX expands to Europe with CySEC approval

Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services. 749 Total views 32 Total shares The global crypto derivatives and spot trading exchange FTX is expanding to Europe after receiving approval from the Cyprus Securities and Exchange Commission (CySEC). The new venture called FTX Europe would offer leading products […]

Mar 05
Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls

Bitcoin price action goes from $45,000 to $40,800 in 48 hours thanks to an increasingly volatile macro environment. 9613 Total views 62 Total shares Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Europe stocks sink on Friday open […]

Mar 05
Russian national will use sales of her burning passport NFT to support Ukraine

Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness and funds related to the military conflict in Ukraine.  Speaking to Cointelegraph on Friday, Allen described herself as “a child of new Russia” and […]

Mar 04
CEXs refuse blanket asset freeze of all Russian users, though questions linger

If Western sanctions ramp up, CEXs may be forced to ban all Russian users from using their services, as they have previous done in Iran. 1338 Total views 13 Total shares Centralized exchanges (CEX) and CEOs from companies such as Binance, Coinbase and Kraken have all stated they would only freeze the assets of Russian clients […]

Mar 04
Bitcoin mining difficulty drops for the first time this year

The difficulty adjustment for Bitcoin mining posted its first negative adjustment for 2021, dropping 1.5%. 5904 Total views 52 Total shares For the first time since November 2021, the Bitcoin (BTC) mining difficulty adjustment has dropped, correcting 1.49%. The move follows a succession of six consecutive positive difficulty adjustments, in which the mining difficulty and […]

Mar 04
How are crypto execs reacting to economic sanctions against Russia?

As the West and America tighten their economic sanctions on Russia, concerns have emerged about how this will affect the cryptocurrency market. The country has been largely cut off from the SWIFT international payment system, and businesses in the United States and other Western nations are banned from doing business or transacting with Russian banks […]

Mar 04
Cointelegraph partners with Nitro Network to bring digital mining and decentralized internet to the masses

Over the past few years, nonfungible tokens (NFTs) have become a multibillion-dollar industry and have solidified themselves among the most tech savvy. They have opened the portal to infinite possibilities and carved out a new direction for the future of the internet. Enter Nitro Network, which is set to revolutionize the NFT space and take […]

Mar 04
Google Trends data reveals that no one cared about metaverse or NFTs in 2022

Search interest for main keywords “metaverse” and “NFT” continues to drop since the start of the year. 1122 Total views 37 Total shares While the worldwide search interest for the keywords “metaverse” and “NFT” boomed in the last quarter of 2021, Google Trends data shows that the hype may have passed since February 2022. Google […]