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“# 5 stories that suggest crypto is moving into ludicrous territory ” The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a bull run gets going, life in the crypto…
“# Jack Dorsey cites Bitcoin as a better model for the internet in Trump ban explanation ” Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned U.S. President Donald Trump from the platform last week. Although claiming this was the “right decision for…
“# Rick and Morty creator auctioning NFT artwork collection ” The Winklevoss-owned Nifty Gateway has announced the auction of a crypto art collection from the voice actor and co-creator behind Adult Swim’s cult animation series Rick and Morty. According to a tweet from Nifty Gateway today, the non-fungible token, or NFT, marketplace will be auctioning…
“# Grayscale Investments liquidates all of its XRP … while it still can ” Institutional crypto fund manager Grayscale Investments has begun the dissolution of its XRP Trust in response to the SEC’s December lawsuit alleging the XRP token is a security under U.S. law. According to an announcement published Jan. 13, Grayscale decided to…
“# Crypto mining allegedly worsening air pollution in Iran ” The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences. According to a Bloomberg report, the energy requirements of Bitcoin (BTC) and crypto mining in Iran coupled with the demand for heat…
“# Arca secures $10M in Series A funding as traditional financiers back crypto ” Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and cryptocurrencies. In a Wednesday press release, Arca said…
“# Financial advisers are betting on Bitcoin as a hedge ” Cryptocurrencies like Bitcoin (BTC) are increasingly being used by financial advisers as a hedge against inflation, underscoring the dramatic shift in institutional sentiment toward digital assets. The “Bitwise/ETF Trends 2021 Benchmark Survey” reveals that 9.4% of financial advisers were allocating to cryptocurrencies in 2020 —…
“# Survey: 25% of crypto users not securing assets as well as they think ” Cryptocurrency hardware wallet manufacturer Ngrave released the initial results of its ongoing crypto security survey on Jan. 13. The results give a number of insights into the current state of security in the digital asset space and show that a…
“# Arxnovum files Bitcoin ETF application with Canadian securities regulators ” Canadian investment fund manager Arxnovum Investments has filed a prospectus for a new Bitcoin (BTC) exchange-traded fund, or ETF, in Canada. On Jan. 11, the company filed a stack of preliminary documents for the Arxnovum Bitcoin ETF with Canada’s Ontario Securities Commission. According to…
“# $2.2M Beeple NFT art drop to be tokenized in virtual music festival ” Metapurse, a crypto and NFT fund financed by renowned NFT collector Metakovan and stewarded by Twobadour, recently announced that it had acquired all 20 of the 1/1 NFT artworks auctioned in December’s Beeple Everydays: The 2020 Collection. This in itself was…