March 4, 2021

100-artist NFT collaboration sells out in minutes, increases 7X in price in 24 hours

March 4, 2021 boss

An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000. The Ultimate Artist Collaboration… crashed Rarible and then sold out in minutes — Loopify ‍♂️ (@Loopifyyy) March 3, 2021 Although the sale amount is far from record-breaking, the project is noteoworthy in that it is a mass collaboration th has taken shape through an individual non-fungible token, or NFT. NFT curator “Loopify” told Cointelegraph the work had been inspired by the current limitations for lesser-known artists…

Bull flag breakout sets a $55,000 target for Bitcoin price

March 4, 2021 boss

Bitcoin (BTC) price sliced through the $50,000 resistance level during the early trading hours on March 3 as bulls found their momentum and the majority of altcoins joined in on the rally as the day progressed. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin was trading at $48,500 in the early hours on March 3 before surging 8.6% to an intraday high of $52,631. Currently, BTC price trades slightly below $51,000, and while $50,000 may have become a soft support, a daily close above the 23.6%…

Where to Start with Cryptocurrency in 2021

March 4, 2021 boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is Cryptocurrency the future of money? Still thinking whether or not to take that first step into getting into cryptocurrency? As we approach 2021, I share simple steps for you to get started with cryptocurrency and Bitcoin. Are you already engaged in Cryptocurrency? I would love to hear some insights that you have learned! Share your thoughts or leave questions in the comment section! #cryptocurrency #bitcoin #ethereum #digitalwallet #coinbase Follow me on my other social media accounts: Instagram: Twitter: Facebook: Website: Check…

DRC’s DeFi Platform for Hedging against Inflation Risks

March 4, 2021 boss

Users who are interested in taking advantage of the product offering from the Digital Reserve (DR) platform can do so by depositing DRC into the system which will first be converted to WETH through the Uniswap router. Digital Reserve Currency (DRC) has unveiled Digital Reserve, a decentralized finance-focused platform that has the core mantra of hedging against inflation. With the new platform, holders of DRC, which doubles as the network’s native token “will be able to get easy exposure to a basket of the most efficient store of value (SoV)…

Gold is Dead, Bitcoin and Ethereum Are Today

March 4, 2021 boss

Mark Cuban hasn’t always been the biggest fan of Bitcoin, Ethereum, and other cryptocurrencies, but he’s recently come around as other Shark Tank investors have. Surprisingly, though, Cuban has come to the defense of the emerging technology, telling gold bug and vehement digital asset naysayer Peter Schiff that his precious metal is now dying as a store of value at the hands of the cryptocurrencies like Bitcoin and Ethereum. Billionaire Shark Tank Investor Schools Peter Schiff On Crypto It isn’t at all uncommon to find long-time gold bug Peter Schiff…

BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities

March 4, 2021 boss

The former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, is in negotiations to surrender to U.S. authorities next month concerning charges that authorities levied against four of the exchange’s executives and co-owners in October. Transcripts of a court teleconference dated Feb. 16 indicate Hayes will surrender to the U.S. in Hawaii on April 6. Hayes and his fellow executives are accused of violating the Bank Secrecy Act by the U.S. Department of Justice and the Commodity Futures Trading Commission. The transcript details the assistant U.S. attorney Jessica Greenwood’s comments…

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March 4, 2021 boss

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North America’s First Bitcoin ETF Now Holds Over 11,000 BTC – Markets and Prices Bitcoin News

March 4, 2021 boss

The first bitcoin exchange-traded fund (ETF) in North America now holds over 11,000 bitcoins. Purpose Bitcoin ETF saw strong interest at launch. An ETF researcher explained that the surge in interest was evidence of some combination of pent-up demand, the price of bitcoin, and investors switching from other means of getting cryptocurrency exposure. First North American Bitcoin ETF Holding More Than 11K Bitcoins The first approved bitcoin exchange-traded fund (ETF) in North America, Purpose Bitcoin ETF, is holding 11,141.2363 bitcoins as of March 2. According to Purpose Investments, which manages…

Banksy art burned and tokenized

March 4, 2021 boss

An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week on the blockchain-based Rarible platform, where users can create and purchase rare tokenized artworks. The original Banksy in question is a satirical piece entitled “Morons,” which depicts buyers at an art auction bidding on a piece emblazoned with the words “I can’t believe you morons actually buy this shit.” The piece received certification from Pest Control — the only body authorized to authenticate original Banksy…