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Dapper Labs, the firm behind NBA Top Shot, said that pro sports leagues are no longer resistant to exploring nonfungible tokens (NFTs) now that the sector is hot.Speaking at Yahoo Finance's All Markets Summit on Oct. 25, Dapper Labs’ head of partnerships, Caty Tedman, said that the stance of professional
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Most of us have heard about Beeple’s Everydays: The first 5000 days selling for a whopping $69.3 Million dollars but most of us don’t realize the significance of that astronomical number. To put it into perspective, compared to traditional art, only 100 paintings have sold at a higher price than
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Bitcoin (BTC) stayed higher on Oct. 2 after a "fantastic" break to the upside upended market sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $45,000 BTC price floor Data from Cryptox Markets Pro and TradingView followed eerie calm on BTC/USD after Friday's sudden upside volatility saw $3,000 added in an hour.The classic
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On Friday, the U.S. Securities and Exchange Commission (SEC) has delayed four bitcoin exchange-traded funds (ETF) deadlines for another 45 days. The regulator notes that the entity needs more time to decide on the ETF applications. Global X, Kryptoin, Valkyrie, Wisdomtree Bitcoin ETF Deadlines Extended The Kryptoin Bitcoin ETF, Global X Bitcoin
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Bitcoin price is struggling to break through resistance at $50,000, and it could partially be altcoins to blame for the weakness. The most recent technical structure on the highest time frames suggests that not only could alts continue to gain against BTC dominance, altcoin season itself could last a while
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Bitcoin dominance is a metric weighing the top cryptocurrency’s market share against the rest of the crypto space, including Ethereum, Polkadot, Cardano, and other altcoins. For years, analysts used it as a tool to predict divergences between altcoins and Bitcoin. However, recently, the metric has lost just about all meaning, and
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The fortunes of beleaguered Bitcoin (BTC) spin-off Bitcoin Cash (BCH) took a turn for the worse on Feb. 8 as it was chased out of the top ten cryptocurrencies — by Dogecoin (DOGE).Data from Cryptox Markets and CoinMarketCap showed BCH now occupying 12th place after being passed by both DOGE
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According to a Goldman insider, the investment bank will leap into crypto custody soon.This episode is sponsored by Nexo.io.Today on the Brief: Gary Gensler is officially Biden’s pick for SEC chairmanInvestors are betting against the U.S. dollarGrayscale has best day ever with $700 million in investmentEthereum reaches new all-time high
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At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency? Source
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Quick take:MassMutal Life Insurance recently purchases $100 million in BitcoinInsurance companies are known to avoid unnecessary risksThe 169-year-old insurance company buying Bitcoin is a sign that BTC is no longer a ‘risk-off’ assetBitcoin being sold now by miners and retail traders is increasingly being scooped up by institutional investorsThe herd
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