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Sotheby’s Ready to Accept Crypto Payments for Latest Art Auction

Auction house Sotheby’s – which offers bidding wars on some of the finest art, jewelry and wine available today – has announced that it will accept bitcoin and ether bids on an upcoming auction of “Love Is in the Air,” a piece by popular artist and bitcoin advocate Banksy. Sotheby’s Ready for Crypto Bidding This will be the first time that a largescale auction house is willing to accept crypto payments for art items up for bid, though the winner is also able to pay with...

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Norway Minister of Climate and Environment Is a Bitcoin HODLer

The Norwegian Minister of Climate and Environment – Sveinung Rotevatn – revealed he owns Bitcoin. According to him, the digital asset is a ”well-suited store of value.” The minister of one of the most renewable energy-focused governments also spoke about the relation between BTC and the environmental challenges. Bitcoin is Exciting Many experts and officials commented on the crypto bull run and especially Bitcoin’s notable performance in the past months. The Minister of...

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The Bank of England Is the “Victim” of Various Bitcoin-Related Slogans

Someone has a serious attitude against the Bank of England. Either that or they just hate banks in general and happen to live in England. Thus, they are taking their anger out on the nearest centralized financial institution. This week saw the Bank of England repeatedly hit with laser messages that bashed traditional monetary systems while praising bitcoin. The Bank of England Served as a BTC Billboard Some of the messages read, “Fiat is the bubble, and bitcoin is the...

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Cardano (ADA) Staking Live on the US-Based Kraken Exchange

The veteran US exchange Kraken has added Cardano (ADA) staking as of May 4th. This comes amid the growing interest in the cryptocurrency, the price of which has been on a roll since the start of the year. Staking in the cryptocurrency world requires the token holders to lock a certain amount of coins based on the proof of stake algorithm or any of its varieties. As such, they receive the right to vote and participate in the governance of the network and get rewards in new...

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eBay Says It Is Considering Accepting Crypto Payments

Popular bidding and auction website eBay has announced that it is “open” to the idea of utilizing bitcoin payments in the future. This does not mean that eBay has said yes right away. Rather, it is only considering the prospects of crypto payments for goods and services and will ultimately decide down the line. eBay Says It Is “Open” to BTC Payments Either way, considering how large eBay really is, this is a massive step forward, and bitcoin and its altcoin cousins are...

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MoonSmart – One of the hottest token on Binance Smart Chain

What is MoonSmart? MoonSmart © is a DeFi launchpad project, which assists a novel DeFi token launching their product to the community. MoonSmart owns outstanding features that bring profits to users and holders such as smart deflationary prevention mechanism, no rugpull and other strategies aimed to ensure transparency and liquidity. SMART token Name : MoonSmart TokenSymbol : SMARTContract : 0x8057de2afc2169f99f88c0939ed0be113f9db939Chain : Binance Smart Chain...

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Bitcoin Has No Existential Threats, Says Michael Saylor

The CEO of MicroStrategy – Michael Saylor – outlined that the leading digital asset Bitcoin has no existential threats. According to him, the cryptocurrency will dominate the 21st century as a store of value. The Future For BTC Michael Saylor expressed his opinion about the primary cryptocurrency Bitcoin on a YouTube interview for Kitco News today (May 6th). He gave a very optimistic forecast regarding the future of the digital asset, saying that it does not face any...

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Cardano (ADA) Skyrockets to New All-Time High Following 18% Daily Surge

The latest developments around the popular blockchain project founded by Charles Hoskinson have pushed the native digital asset to new highs. ADA has skyrocketed by more than 800% since the start of the year, and its latest ATH came at $1.7 earlier today. Released in 2015 by the former Ethereum co-founder Charles Hoskinson, Cardano is an open-source, public blockchain platform. Following years of development, the project started to pick up speed in 2021 with numerous notable...

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KnitFinance Raises $1M in a Round Led by Leading Blockchain Investors

[PRESS RELEASE – Please Read Disclaimer] May 6, 2021, British Virgin Islands – KnitFinance, the first Polkadot-based cross-chain asset wrapping protocol is pleased to announce that it has successfully raised $1 million in its latest fundraising round. This comes as KnitFinance approaches its SHO on DAO Maker scheduled to take place on May 17. The project’s initial market cap is ultra-low with immense scope for exponential growth. Reputed blockchain technology investors who...

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Bitcoin Price Ready for Another Leg up According to On-Chain Metrics: Analyst

Bitcoin investors have withdrawn considerable quantities of their holdings from crypto exchanges, suggests on-chain data provided by CryptoQuant. The firm believes there’s a potential price uptick in the making as sell pressure has declined. BTC Investors Withdraw Their Tokens As with every tradeable asset, bitcoin’s price is formulated based on supply and demand. In bitcoin’s world, the amount of available supply on exchanges could impact the asset’s value as investors...

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