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Tag Archives: Cryptocurrency News

Sotheby’s Makes Historic Leap into Bitcoin NFT Realm through Shroomtoshi’s Ordinals Art Auction

BitcoinShrooms uses pixelated art from the 1980s that is permanently stored on the Bitcoin blockchain through the Ordinals protocol. Venturing into the world of Bitcoin NFT artwork, the renowned auction house Sotheby’s introduces its first-ever sale titled “Bitcoin Ordinals”, featuring pixel art by an anonymous crypto artist known as Shroomtoshi. This one-of-a-kind auction, which runs until December 13th, features three exclusive pieces from Shroomtoshi’s captivating “Bitcoin Shrooms”...

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Namada Launches RPGF Airdrop, Releasing 65M $NAM Tokens to Community

Anoma Foundation’s Namada launches its RPGF airdrop to eligible participants on the network. In a press release this Wednesday, Anoma Foundation, the parent developer of the Namada ecosystem, announced its Namada RPGF (Retro Public Good Funding) airdrop for communities and individuals who helped in building and funding public goods. The RPGF Drop aims to disburse 65M $NAM tokens (6.5% of total supply) to eligible participants starting on 6th December 2023 and ending on 28th December 2023...

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Crypto Policies Take Center Stage at Republican Presidential Debate

The Republican presidential debate discussed several issues including regulation to protect the sector as well as safeguarding crypto users. The Republican presidential debate in Tuscaloosa, Alabama, on Wednesday, delved into cryptocurrency policies and regulation. Vivek Ramaswamy, who stood out for integrating crypto into his campaign, did not hesitate to address the industry’s challenges. In response to a query about his crypto policy, Ramaswamy referenced the recent legal turmoil...

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a16z Crypto Reveals Top Trends to Look Forward to in Crypto in 2024

At present, the training and operation of AI models is restricted to large tech companies. Crypto has the potential to help create multi-sided, global, permissionless markets where anyone can contribute data and be compensated for it. Venture capital firm Andreessen Horowitz (a16z) has released its “big ideas” for 2024, with its crypto arm composing a list of trends to look forward to in crypto in 2024. The list contains trends that the firm’s crypto partners are looking forward to across...

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Resurgence of Dog Tokens: Bonk vs Dogecoin and Shiba Inu

While DOGE and SHIB experienced notable gains of 16% and 10%, respectively, in the past 24 hours, Bonk outshone its counterparts with a surge exceeding 70%. In recent developments in the crypto market, the resurgence of dog-themed tokens has taken center stage, with Bonk (BONK) emerging as a formidable contender against the more established players like Dogecoin (DOGE) and Shiba Inu (SHIB). The recent resurgence in interest in these tokens has seen substantial gains for holders,...

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South Korean Crypto Traders Emerge as Major Force in Recent BTC Rally

South Korea has long been recognized for its robust blockchain and crypto community. Crypto traders in South Korea have recently emerged as key players, wielding considerable influence during the latest Bitcoin (BTC) rally that has seen the digital currency surge by more than 50%, according to reports. The Rise of the South Korean Won Over the Dollar Recent data compiled by CCData shows that the South Korean won surpassed the US dollar to become the largest fiat trading pair in the crypto...

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BlackRock May Move $200M from Private Bitcoin Trust to Its Spot ETF upon Approval

Rumors suggest that BlackRock plans to give itself a head start by moving funds from its private Bitcoin trust to its ETF. Giant asset manager BlackRock Inc (NYSE: BLK) may have set plans in motion that will put the company well ahead of its competition if the United States Securities and Exchange Commission (SEC) approves a spot Bitcoin ETF. BlackRock, likely to receive approval according to market observers, may have started the ETF race well in advance. According to Bloomberg ETF...

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DWF Labs Commits $1M to Theta Edgecloud Hybrid Computing Platform

Theta Edgecloud stands out in the cloud computing area as it provides a flexible hybrid model designed to meet the diverse needs of businesses and individuals. Venture capital firm DWF Labs has committed $1 million towards advancing Theta Edgecloud, an innovative hybrid cloud computing system within the Theta Labs ecosystem. This strategic investment demonstrates DWF Labs’ desire to shape the future by combining blockchain technology with thriving industries such as video, 3D rendering,...

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Ark Invest Is Dumping Large Amounts of Coinbase (COIN) Stock, Here’s Why

The recent batch of dumping Coinbase (COIN) shares has been the largest from Ark Invest in 2023. COIN stock price is around a new yearly high of $140. Cathie Wood’s asset management firm Ark Invest has been liquidating its Coinbase Global Inc (NASDAQ: COIN) stock holdings in big numbers recently. On December 5, ARK executed the sale of up to 237,572 Coinbase shares across its three funds, as indicated by a trade notification. The transaction occurred when Coinbase’s stock closed at $140...

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Anotherblock to Release Michael Jackson’s First-ever Studio Demo on Blockchain

Per the announcement made by Anotherblock, the project will have two packages – the open edition and the limited edition. I Swedish Web3 music startup Anotherblock will release the first Michael Jackson’s studio demo as a digital vinyl on a blockchain-based platform. Jackson and his brothers recorded the track titled Big Boy (One-Derful Version)  in July 1967. The song went on to become the first for the Jackson 5.  Company CEO and co-founder Michel Traore expressed his thrill at his...

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