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APENFT Received CryptoPunk1649 from a Mystery Donor

[PRESS RELEASE – Singapore, Singapore, 29th August 2021] APENFT, the premier foundation, and fund for the collection of top-tier NFTs, has announced that it had received the punk avatar (No. 1649) donated by an anonymous early user of CryptoPunks. According to recent trading data, the highest bid for CryptoPunk1649 was up to $165,827. Although this donor prefers to remain anonymous, the address of the previous owner of CryptoPunk1649 was 0xbb511a on arvalabs.com, the official...

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Stellar Lumen (XLM) Price Could Struggle To Continue Higher

Stellar lumen price failed to gain strength above $0.3800 against the US Dollar. XLM price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $0.3590 on the 4-hours chart (data feed via Kraken). The pair is likely to continue lower as long as it is below the $0.3700 resistance. Stellar lumen price is slowly moving lower below $0.3500 against the US Dollar, similar to bitcoin. XLM...

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Ripple Price Analysis: Risk of a Larger Decline

Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...

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Massive Anti Bitcoin Protests Fill The Streets of El Salvador

The political situation in El Salvador is only getting worse as the day approaches when the country will start adopting Bitcoin as legal tender. On September 7 of this year, the waiting period for the Bitcoin Law to become mandatory is over. According to the text of this Law, all economic agents must accept Bitcoin along with the dollar as a means of payment. Bukele promises that the measure seeks to benefit the people and save the country close to $400 million in remittance...

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Crypto ATM Firm Coin Flip Is Opening a Brand New Office in Chicago

Bitcoin ATM operator Coin Flip is growing like crazy. The company is now opening a new office in the old Post Office area of Chicago, Illinois. Coin Flip Is Getting Really Big Beginning in the year 2015, Coin Flip has become one of the largest and fastest-growing crypto ATM firms in the country. At the time of writing, the enterprise employs more than 200 employees and is looking to add even more by the end of 2021. The company has recently earned a big grant from the...

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Luxurious Swiss Alps Hotel to Accept Bitcoin and Ethereum Payments

The Chedi Andermatt will reportedly become the first Swiss hotel to accept digital assets as a payment method. Guests can now pay accommodation bills surpassing 200 CHF ($218) using bitcoin or ether. The Venezuelan carrier Turpial Airlines and the famous Belgian bar Dolle Mol also joined the crypto craze by adding virtual assets as a means of payment. Crypto Adoption in The Heart of The Alps According to the local media Blick, The Chedi Andermatt started accepting payments in...

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Tik Tok Is Allegedly Censoring Crypto Influencers

Social media platform Tik Tok appears to have changed its rules and regulations. As a result, many crypto and blockchain-related videos are getting taken down, though their posters say they have not committed any wrongdoing. Tik Tok Isn’t Crazy About Crypto Videos Tik Tok says it is disallowing any videos that promote illegal activities and/ or regulated goods. Here is the real irony: bitcoin and crypto is not fully regulated anywhere in the world. Thus, how could any...

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Former BTC Innovator from Afghanistan Muhammad Ali Is Fleeing for His Life

The debacle in Afghanistan continues, and the incompetence of Joe Biden and his cronies in the U.S. is becoming more evident than ever. Figures like Muhammad Ali sought to bring a whole new level of crypto-based innovation to the country before the Taliban took over. Now, Ali finds himself not a crypto-based business developer, but a fugitive on the run. Muhammad Ali Cannot Engage in BTC Activity in Afghanistan In a recent interview, Ali claimed that he was fleeing...

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Costly Mistake: Mutant Ape NFT Sold for 17 USDC Instead of 17 ETH Worth $54k

While mistakes are inevitable, some are costlier than others, and this one has cost an NFT holder $54,000. After minting the Mutant Ape #5275 NFT hours ago, the holder then tried to sell it on OpenSea, but the deal did not go as he would have wanted. Instead of selling his Ape for $54,000, the owner mistakenly sold it for $17, which is 99.9% below a floor price of 7.95 ETH ($24,200). $17 Instead of $54k Most digital collectibles on OpenSea and other Ethereum-based NFT markets...

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The Largest Crypto Seizure in Brazil: Nearly $29M Worth of Digital Assets Seized

The Brazilian Federal police exposed a local financial pyramid scheme and confiscated nearly $30 million in cryptocurrencies. The operation marked the largest seizure of digital assets in the history of Brazil. The New Record According to a report by CNN Brazil, the local authorities organized a special mission, called “Operation Kryptos,” to halt a fraudulent pyramid scheme operating in the area of Rio de Janeiro. After inspecting 15 different locations, the Federal Police...

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