Category: cryptocurrencies

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OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs

NFT sale volumes are a mere shadow of what they were in previous months, but renewed interest in Bored Ape Yacht Club NFTs and a new Lil Baby Ape Club derivative project could be reversing the trend. Crypto Twitter nonfungible token (NFT) influencers have been relatively quiet over the past two weeks as trading volumes…
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President Biden signs infrastructure bill into law, mandating broker reporting requirements

Crypto was absent from every speaker’s lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon. After months of scrutiny from both the United States Senate and House of Representatives, the infrastructure bill — criticized by many crypto advocates — is now officially the law of the land.…
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Keep3rV1, WINk and UMA ignore Bitcoin price dip by posting 20%+ gains

BTC price is sliding closer to the $62,000 support, while UMA, WINk, KP3R and many other altcoins are shifting higher. The seesaw price action that the crypto market is known for is back on full display today as the modest gains Bitcoin (BTC) achieved over the weekend quickly disintegrated in the early market moves as…
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Law Decoded: Crypto cities, investor protection nation, Nov. 8–15

Major U.S. cities embrace crypto as federal regulators remain much harder to bring around. As the U.S. federal government — acting through its Securities and Exchange Commission — continues to valiantly protect investors and the public interest from the grave dangers of a spot Bitcoin exchange-traded fund, one major American city after another begin embracing…
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London assembly member calls for ban on crypto ads in trains and buses

The lawmaker said that she wasn’t specifically targeting memecoin Floki Inu in the push for this crackdown, but rather as one of three current crypto advertising campaigns on London’s public transport. Sian Berry, former co-leader of the Green Party of England and Wales and current member of the London Assembly, is looking to crack down…
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Tanzania’s Zanzibar reportedly exploring ways to adopt crypto

More African countries are considering adopting Bitcoin as the local crypto market surged over 1,200% in one year. Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries…
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VanEck Bitcoin futures ETF to launch on CBOE on Nov. 16

After years of efforts, VanEck is finally launching a Bitcoin exchange-traded fund based on BTC futures. VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF. According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin…
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Chiliz (CHZ) gains 170% after launching live in-game NFTs for fan token holders

The launch of live in-game NFTs and a rapidly expanding ecosystem boosted the price of CHZ and showcased the project’s strong fundamentals. This year has seen a number of high profile partnerships formed between the cryptocurrency sector and major sports leagues, teams and individual players. Nowadays players engage with their fans by issuing limited edition…
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Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares

A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials Declare Crypto Assets, Fail to Provide Proof…
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Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet

The Russian Ministry of Interior has rejected a request filed by clients of Wex to do its part in the blocking of crypto funds removed from a wallet controlled by the now-defunct crypto exchange. Over 10,000 ETH have been recently withdrawn from the wallet and transferred to other platforms. Wex Victims Try to Freeze $46…
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