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A Banksy piece bought by a group of crypto-savvy artists, burned in a park and memorialized as an NFT has sold for 228.69 ETH. An original Banksy artwork burned by a group of crypto-savvy artists has sold for 228.69 ETH, or roughly $380,000 at purchase. The group behind the statement on non-fungible tokens (NFTs) accepted the offer Sunday afternoon Eastern...
The team will soon be accepting the crypto as part of a deal with payment services provider BitPay. Dogecoin (DOGE (-2.05%)), the Shiba Inu-represented cryptocurrency, is heading to the National Basketball Association. The Dallas Mavericks will soon be accepting the meme-based cryptocurrency as part of an agreement with crypto payment services provider BitPay, which is rolling out the coin as...
Institutions are buying more bitcoin per month than what's being mined, and there just isn't enough for everyone. Four million. Thatâs roughly how much bitcoin is circulating freely right now, blockchain data show. The number has been getting a little smaller with each passing month over the last year. Itâs the assessment of Glassnode, an analysis firm that tracks blockchain...
The largest cryptocurrency was up more than 8% Monday, rebounding after its worst seven-day stretch since the coronavirus sell-off in March 2020. Bitcoin started the month on a positive note, jumping more than 8% to about $49,000 after a price plunge last week that was the biggest since the coronavirus wrecked markets early last year. The gains came amid fresh...
The Tesla CEO avowedly loves "dogs and memes" and is greeting the alleged possibility of federal scrutiny of his Dogecoin tweets with a consistently droll attitude. Rumors of a possible investigation by the United States Securities and Exchange Commission into Tesla CEO Elon Musk's alleged impact on Dogecoin's (DOGE) price moves have been circulating on social media over the past...
Bitcoin's price has declined 20% since Sunday. Bitcoinâs punishing sell-off appeared to decelerate as prices settled around $47,000, after the largest cryptocurrency by market capitalization logged its steepest two-day loss since March 2020 early Tuesday. Bitcoin (BTC) trading around $47,851.27 as of 21:00 UTC (4 p.m. ET). Slipping 11.72% over the previous 24 hours. Bitcoinâs 24-hour range: $44,964.49-$55,053.91 (CoinDesk 20)...
Two-fifths of U.S. investors think investing in the cryptocurrency market is no more risky than putting money into stocks. A new study has found that a majority of American believe cryptocurrency is a safe investment. Further, 25% already own crypto with another 27% saying they plan to invest this year. Thatâs according to a February survey of 30,000 people over...
Last weekâs settlement price of $303 per share would make Coinbase bigger than NYSE-owner ICE. Cryptocurrency exchange Coinbase, which is preparing to trade publicly in the next few months, is being valued at $77 billion, based on trading of the companyâs privately held shares on a secondary market. Those shares in the largest crypto exchange in the U.S. are changing...
More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companiesâ cash reserves in it. A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could...
The record comes as traders analysts have described institutional investorsâ interest in bitcoin as growing âat a staggering pace.â The price of bitcoin (BTC) rose Sunday morning to a new all-time high of $49,716 after a week of positive developments regarding increased Wall Street acceptance of the leading cryptocurrency. Bitcoin hit a new high-water mark of $49,716.44, topping the previous...