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An investor who purchased an NFT from popular digital artist Beeple for $969 initially hoped to double their investment within two years. The NFT is now worth $300,000. Edward Fairchild, one of the founders of LA-based cannabis company THC Design, revealed that he "stumbled" into buying an NFT from acclaimed digital artist "Beeple" that has since increased in value by...
Just when you thought NFTs couldn't get any crazier. A piece of digital artwork has sold for a mind-blowing $69.3 million at auction. Storied auction house Christieâs has wrapped its sale of âEVERYDAYS: THE FIRST 5000 DAYSâ by crypto artist Beeple. The winning bid just after 10:00 a.m. ET for the non-fungible token (NFT) was a staggering $60.25 million. A...
Nine new job postings indicate Grayscale is considering joining the race to win the SECâs first bitcoin ETF approval. Digital asset management firm Grayscale might be on the cusp of trying to launch a bitcoin exchange-traded fund (ETF), according to new job postings. The nine postings strongly suggest the New York-based firm is planning an ETF business. The listings are...
Technical issues with Blockchain.com wallet
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)...
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