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Auktionsmarkt als Baumeister und Puffer für den NFT-Markt

Traditionelle Auktionshäuser spielen eine Vorreiterrolle im NFT-Handel, könnten aber für mehr Stabilität auf diesem wachsenden Markt sorgen. Indem sie Schätzungen zur Bewertung abgeben, fassen sie den aktuellen Stand von Angebot und Nachfrage zusammen; indem sie ein NFT verkaufen, liefern sie einen Referenzpreis, der unabhängig von den Preisen ist, die auf Peer-to-Peer (P2P)-Plattformen (Opensea, Nifty Gateway, SuperRare usw.) erzielt werden. Mit anderen Worten: Die Auktionshäuser können mit...

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US SEC Insists Companies to Account for Risks Related to Crypto

The US Securities and Exchange Commission (SEC) – urged local companies that provide crypto services to disclose the associated risks with such operations to clients. The agency warned investors to be utterly cautious when delving into the asset class as they could experience a financial loss. Crypto Firms Should be Held Accountable The US SEC issued guidance to a wide range of entities, including cryptocurrency-related companies, to explain in detail the essence of their...

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U-Turn: Singapore’s Largest Bank Won’t Extend Crypto Services to Retail Clients

Piyush Gupta – CEO of Singapore’s leading bank DBS Bank – revealed his institution will not extend its crypto trading services to retail customers in “the immediate future.” The announcement contradicts the company’s initial intentions to provide such opportunities. Change of Plans In February this year, the Singaporean multinational banking and financial services corporation – DBS Bank – disclosed it will extend crypto trading opportunities to its retail clients by the end...

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ETH Price Analysis: Ethereum At Key Resistance, What’s The Next Target on Breakout?

Ethereum is about to close a third green weekly candle. However, it seems like the bullish move has weakened as ETH faces strong resistance (marked by red). The weekly candle closes soon, and the bulls still seem to have control over the market. The opening of global markets on Monday may have a significant impact on determining the market’s trend. Technical analysis by Grizzly The Daily Chart Ethereum has reached a zone of solid resistance on the daily timeframe, combined...

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Lionel Messi Will Get a Lot of Money to Promote Crypto Firm Socios.com

Lionel Messi – one of the world’s biggest and most popular soccer players – has signed a $20 million deal to promote the crypto company Socios.com, which establishes fan tokens for sports lovers. Lionel Messi Is Joining Hands with Socios.com Messi is now joining a long list of famous and renowned athletes – including LeBron James of the Los Angeles Lakers basketball team and Tom Brady of the NFL’s New England Patriots – to take part in some sort of crypto promotion that...

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BTC Miner PrimeBlock to go Public Through a $1.25B SPAC Merger (Report)

The US-based cryptocurrency mining and infrastructure startup – Prime Blockchain Inc. (PrimeBlock) – will reportedly become a publicly-traded company. The organization plans to merge with a blank-check firm in a $1.25 billion deal, including debt. According to a recent Reuters coverage, bitcoin mining company – PrimeBlock – will soon start trading as a publicly-traded company on Nasdaq after securing $300 million in equity financing from an affiliate of Cantor Fitzerald &...

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Bitcoin Shoots Up Again; Is a Bull Run Heading Our Way?

Bitcoin and several of its altcoin cousins appear to have jumped back into action over the past few days. BTC – the world’s number one digital currency by market cap – is trading for just under $50,000 per unit, and many analysts think if the currency can move beyond this number and stay there for some time, a major bull run could be heading our way. Bitcoin Is Exploding Again If bitcoin hits $50,000, it will be the first time such a feat is accomplished since December...

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New Wirex Survey Suggests More People Are Turning to Crypto

A new survey conducted by Wirex – a crypto payments platform in the United Kingdom – and the Stellar Development Foundation (SDF) shows that more and more people are becoming aware of digital currencies, and usage is at an all-time high. Wirex and SDF Join Hands for Crypto Survey The survey also shows that cross-border payments involving crypto are occurring heavily in four distinct markets: the United States, Mexico, the United Kingdom, and Singapore. It appears many...

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How the $35M Fractal Just Raised Could Rock the NFT Space (Op-Ed)

The announcement came on April 1, but it was no joke. Neither was the amount raised, $35 million USD, a tidy sum. Justin Kan dropped a hint of what was ahead for Fractal last month, tweeting, “Yeah, I built Twitch, it has millions of users & gaming NFTs are way bigger.” Ten days before launching the NFT marketplace on Dec 30 last year, Fractal announced the launch, and by the time it went live, the Fractal Discord had accumulated some 107,000 followers, according to Kan...

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US Lawmakers Introduce A Bill Targeted at Stablecoins

Stablecoins are cryptocurrencies that usually peg 1:1 to fiat currencies like the US dollar. For every stablecoin in circulation, supposedly, there should be a $1 bill or its equivalents as redeemable in the reserves. The rising concern regarding the security of stablecoins has caught lawmakers’ attention. The US Lawmakers Ask for Transparency According to the release by Senator Hagerty’s office, the newly introduced bill would require stablecoins to be “backed by government...

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