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Tag Archives: AA News

$19 Million: The Current Bid for 107 Bored Yacht Apes NFTs Minted for 0.08 ETH Each

The NFT market continues to rage, and it shows no signs of slowing down. At the time of this writing, Sotheby’s is hosting a dedicated online sale of NFTs of Bored Ape Yacht Club (BAYC,) and the current bid is just short of $20 million. $19 Million for NFT Apes It goes without saying that non-fungible tokens are where all the rage is within the past couple of months, with multiple collections selling for astronomic figures across a variety of blockchains such as Ethereum,...

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Adoption: You Can Now Pay For Parking Tickets In Bitcoin Across Europe

The Belgian digital parking start-up – Seety – allowed customers of the application to pay for parking sessions in Antwerp and Brussels with Bitcoin (BTC). Apart from the primary cryptocurrency, the option includes six other digital assets such as Ethereum (ETH) and Dogecoin (DOGE). Separately, the e-commerce giant ShopCom has allowed its customers to make purchases with various cryptocurrencies as well. Park Your Car – Pay in Crypto According to a report by the local media...

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COVER Isn’t Covered: Devs Abandoned the DeFi Insurance Protocol, Token Plunged 16%

Following the announcement by core contributor “DeFi Ted,” COVER price plummeted 16% as trading volumes soared. Cover Protocol, a DeFi insurance cryptocurrency minted on Ethereum, will no longer receive support and development after engineers in the core team left suddenly. The insurance coin’s core contributor, “DeFi Ted” announced the project would be shutting down early Sunday morning. COVER had a market cap of around $21 million at the time he made the announcement....

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Vitalik Buterin’s AMA Highlights: PoS Dogecoin, NFTs and Why He’s Wearing a Mask Despite COVID19?

Vitalik Buterin decided to run “a random Twitter experiment” yesterday in the form of an Ask Me Anything post. Twitter users, which the co-founder of Ethereum had either followed or mentioned, were permitted to comment with any question they had for the young Ethereum co-founder, on subjects personal, political, philosophical, economic, or simply trollish in nature. Though only a tiny fraction of Twitter was given a chance to speak with him (only his 300 followers), those who...

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Justin Sun Explains Spending $500k on EtherRock NFT: It’s Just Like Picasso in 1932

Last month, Justin Sun, the founder of the popular blockchain TRON, purchased one Ether Rock for $500,000 and he believes that the art is like Picasso in 1932. Ether Rocks is one of the oldest non-fungible token collectibles that started gaining traction earlier this year. The NFT collection was launched in December 2017 and consists of 100 digital rocks that were tokenized on the Ethereum blockchain. Shortly after they were created, ETHRocks sold for 0.0999 ETH which was...

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Are We in a Crypto Bubble? We Couldn’t Be Further From it: Ark Invest CEO Says

Cathie Wood, CEO of Ark Invest, recently spoke about the market outlook, taking the opportunity to give some love to Bitcoin and the ecosystem of industries that are developing around cryptocurrencies. Speaking with Yahoo Finance, the financial expert assured that the future looks bright for the world of cryptocurrencies. Wood disagrees with billionaire investor John Paulson’s recent criticism of Bitcoin and cryptocurrencies, claiming that Bitcoin is managing to surpass gold...

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Bitcoin Price to Hit $100,000 by End of 2021: Chainalysis CEO

The CEO of blockchain forensics firm Chainalysis is optimistic that the bitcoin price will rise above $100,000 before the end of 2021. $100k by December 2021 In a Bloomberg interview on Thursday (September 3rd, 2021), Michael Gronager, who is also the co-founder of cryptocurrency exchange Kraken, asserted that bitcoin and the cryptocurrency market, in general, are still in a bull run state. Earlier in August, Kraken CEO Jesse Powell noted that the market was still in the...

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American Singer Jason Derulo Says He Betted on Solana in June

American songwriter, singer, and dancer Jason Derulo revealed today that he invested in crypto, particularly Solana (SOL) back in June and it has been a great ride. Jason Derulo’s Bet on Solana Paid Off Well Expressing his delight, Derulo tweeted saying “I betted on Solana in June. Wow, what a ride! #crypto.” While the celebrity did not share the amount he invested in SOL or if he has other crypto assets in his portfolio, it is certain that he is in massive profit,...

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Survey: Every Sixth Australian Owns Crypto as Bitcoin Maintains Popularity Crown

According to a recent research, 17% of Aussies have some cryptocurrency holdings. Bitcoin is still the most popular digital asset while Ethereum and Dogecoin ranked respectively second and third. What is The Crypto Trend in Australia? Finder’s Consumer Sentiment Tracker – a nationally representative survey of 1,000 Australians conducted by Qualtrics – revealed that one in six locals had entered the digital asset market. Most hodlers answered they purchased cryptocurrency...

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Bitcoin is Superior to Gold According to 77% of Russian Investors: Survey

According to a recent survey, around three-quarters of Russian investors consider cryptocurrencies a better investment tool than gold. Less than 9% opined that the precious metal is superior, while 14% believe “familiar national currencies” are the best choice. Russians Prefer Crypto Than Gold The residents of the largest country by landmass seem to have a high opinion on digital assets. A recent research conducted by Russia’s Association of Forex Dealers (AFD) revealed that...

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