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“# Bitcoin futures open interest hits new ATH as traders flock to derivatives ” With BTC again edging toward all-time highs, a large volume of money is flowing into the Bitcoin derivatives markets. According to crypto market data aggregator Glassnode, outstanding futures contracts pushed into new all-time highs on March 11, with open interest across…
“# Collector turns down $1M for NBA Top Shot moment originally bought for $100K ” A collector of prized NFTs from Dapper Labs’ NBA Top Shot has turned down a $1 million offer for a single token depicting New Orleans Pelicans’ pro basketball star Zion Williamson. The collector “jerlevine” bought the #1 Jersey Match S1…
“# Crypto platform FalconX raises $50M on the back of institutional adoption ” FalconX, a cryptocurrency exchange focused on institutional investors, has raised $50 million from Tiger Global and B Capital Group — highlighting once again that digital assets are becoming more mainstream. FalconX didn’t specify how the funds would be deployed, but if it’s…
“# Bitcoin flippens South Korean won, closes in on Google ” The market capitalization of Bitcoin recently rose above $1 trillion once again. Now the asset has surpassed the total market cap of the South Korean won. According to data from AssetDash, the Bitcoin (BTC) market cap is $1.057 trillion at time of publication. This…
“# Crypto lending firm BlockFi raises $350M in new funding round ” Bain Capital Ventures, Pomp Investments, Tiger Global, and partners of DST Global have led investors in a $350 million series D funding round for the crypto lending firm BlockFi, according to an announcement on March 11. The company indicated that with the addition…
“# Beeple NFT auction closes at record-setting $69.3M ” Digital artist Mike Winkelmann, also known as Beeple, has once again made NFT history after his latest piece, “Everydays: The First 5000 Days,” raised over $69 million on Christie’s auction house. “Everydays” was minted on Feb. 16 and put up for auction on Feb. 25 at a…
“# US luxury hotel brand to begin accepting Bitcoin payments ” The Kessler Collection, an American luxury hotel brand, has begun accepting Bitcoin (BTC) and cryptocurrencies as a payment option. According to a press release issued on Tuesday, the hotel chain has partnered with crypto payment gateway service BitPay to begin accepting Bitcoin. Other cryptos…
“# You’d have $10K now if you’d invested April’s stimulus in Bitcoin — and more with ETH ” A Twitter account named “$1200 Stimulus Is Now Worth” has been tracking how much the first US $1200 stimulus would be worth if you invested in Bitcoin when the funds were sent out from April 15, 2020….
“# Bitcoin demand from Goldman Sachs clients ‘is rising,’ says COO ” U.S. banking giant Goldman Sachs recently decided to restart its cryptocurrency trading desk. This has reportedly led to an increased demand for digital assets among its customer base. According to a Reuters report, Goldman Sachs chief operating officer John Waldron said the firm…
“# How crypto donations are helping victims of the Texas winter storm ” There is a running gag among many Texans that anytime someone drops a cup filled with ice, it’s enough of a reason to cancel school — major winter storms are so rare that authorities don’t often have the means to clear and…