Crypto news

A ‘decentralized social network and marketplace ‘ named BitClout sold off celebrity-backed NFTs without authorization. The “iFan-esque” platform, which claimed to be backed by top venture capitalists, can no longer be accessed via its website.A Bit Of NFT CloutThere’s a lot of puffery surrounding NFTs of late, and justifiably so. Beeple’s digital art recently broke the record for the priciest NFT in history. The ‘Everydays: The First 5000 Days’ was bought by Metakovan for $69 million at...

Following a few consecutive days in which BTC price came just inches away from breaking its ATH of $58,400, the cryptocurrency finally did it yesterday and went on a wild spike to record a new current top at $61,800. The altcoin space also followed the bullish price trajectory and the market cap added $150 billion for a new record of its own at $1.850 trillion.Bitcoin Exploded Above $60K: Broke The Feb-21 ATHAs CryptoPotato previously reported, bitcoin came close to the previous all-time high...

DC Comics, one of the largest and oldest American comic book companies, is closely following the NFT industry and is launching its own set of collectibles.A recent partnership between DC Comics and Veve, a startup dedicated to creating NFT collectibles, marked the beginning of a new phase in the American comic book studio’s merchandising strategy. The company announced a collection of digital Batman statues with a black and white color scheme.The collection consists of 4 different designs....

Canada has unveiled three bitcoin-based exchange-traded funds (ETFs) over the past few weeks, and the United States seems to believe that its day in the crypto ETF spotlight is rather close. So much, in fact, that now Grayscale Investments – one of the largest crypto investing firms in America – is hiring an ETF team for the coming future. Grayscale Is Looking to Hire for Its New ETF Divison A crypto-based ETF has been the envy of many people involved in the digital...

Legendary investor Mark Mobius is warning the world that should bitcoin ever experience a sharp decline in the coming future, tech stocks would be struck “very badly” by the move. Mark Mobius on Bitcoin: It Can’t Fall! Today, the price of bitcoin is back up to $57,000 per unit. Thus, the currency is once again at the all-time high it attained in early February. However, the currency gave us a bit of a scare following that time considering it staggered and fell below the...

Numerous large corporations and institutions entered the bitcoin space in the last year or so with substantial purchases worth billions of dollars in total. Keeping in mind that some of those names were giants like Tesla, MicroStrategy, Ruffer Investment, and MassMutual, it’s quite normal that they all made the news more than once.But what about the so-called little guy? Being considered as a highly-volatile and risky asset with a little over a decade-long history, BTC doesn’t sound like the...

Luxury hotel group Kessler Collection has announced that it is allowing all its customers to pay for their hotel rooms with various cryptocurrencies such as bitcoin, bitcoin cash, Ethereum and Dogecoin. Kessler Collection Paves the Way for Crypto Payments Since the day that the first bitcoin was mined in early 2009, it was deemed that cryptocurrencies would one day replace fiat. That they would ultimately rise to the occasion as payment methods and outdo regular money...

The cryptocurrency lending company BlockFi has raised $350 million through a Series D fundraising round led by prominent names such as Tiger Global, Bain Capital Ventures, and Pomp Investments. The firm plans to utilize this considerable amount for new product releases.BlockFi Raises $350M; Valuation at $3BFounded in 2017, BlockFi is a firm describing itself as a “financial services company dedicated to building a bridge between cryptocurrencies and traditional financial and wealth management...

Bitcoin set a new ATH today after surging by over 6% reaching above the $60,000 milestone. As of writing these lines, the new all-time high now lies at $60,420 according to Bitstamp.Just a week ago, Bitcoin had rebounded from support at $47,200 (.382 Fib). Initially, it struggled with resistance at $52,500 (bearish .618 Fib) but after some consolidation time, there came a breakout, which was followed by a constant increase over the past week as can be seen on the daily chart below. The peak...

Around one-third of UK-based investors believe they have missed their chances to get on the bitcoin bandwagon on time, so they would prefer to stay out of the market entirely, showed a recent survey. Nevertheless, they believe that the first-ever cryptocurrency hasn’t halted its bull run and will continue north to $70,000 or even $140,000 this year.UK Investors Regret not Buying BTC?The research compiled by the UK think tank Parliament Street and the independent polling company Censuswide...