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Day: June 24, 2022
Eminem And Snoop Dogg Team Up, The Video Features Bored Ape Yacht Club Imagery
Is the Bored Ape Yacht Club responsible for this collaboration? Hip hop legends and worldwide icons Snoop Dogg and Eminem join forces once again for the single “From The D 2 The LBC.” The video is basically a BAYC ad and the duo premiered the song at Apefest, the Bored Ape Yacht Club multi-day party that was part of the NFT.NYC conference. This is a huge win for the BAYC, at a time when the NFT collection lost 60% of its value in a flash. The last time we saw…
Leading US Crypto Exchange Coinbase To Offer Bitcoin Futures Product on New Derivatives Exchange
Crypto exchange giant Coinbase is announcing the launch of its first-ever Bitcoin (BTC) derivatives product. According to a new company blog post, Coinbase’s Derivatives Exchange will launch Nano Bitcoin Futures (BIT), its first listed Bitcoin futures product, on June 27th, with each contract being valued at 1/100th of a Bitcoin. “Coinbase Derivatives Exchange, a [Commodity Futures Trading Commission] regulated Designated Contract Markets (DCM) futures exchange, will launch its first listed crypto derivatives product on June 27: Nano Bitcoin futures (BIT). Initially, BIT futures will be available for trading via several…
Why Solana Has Outperformed Ethereum, SOL Up 36% In One Week
Solana (SOL) is the best performing asset in the crypto top 10 by market cap. The market seems to be positively reacting to Solana Labs’ smartphone announcement as the cryptocurrency is surging faster than other assets in this tanking. Related Reading | Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead? At the time of writing, SOL’s price trades at $42 with a 12% and 36% profit in the last 24 hours and 7 days respectively. In the meantime, the second-best performing cryptocurrency is XRP with a 16% profit in…
"There's 10 Reasons Why Bitcoin is Crashing" | Michael Saylor
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The REAL Reasons For Bitcoin Crash | Michael Saylor Bitcoin is showing its volatility. The flagship cryptocurrency dipped to the $17,800 range before quickly bouncing back to the $18,500 range, which is where it stands at the time of writing. Bitcoin is down 34.5% in the past 7 days, with analysts and pundits arguing that the charts show Bitcoin reaching as low as $12,000 before any bullish action appears. As Bitcoin trends down, Michael Saylor tends to trend up, as many want…
Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions – Emerging Markets Bitcoin News
Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan markets. The company, which has already had problems with users in the country in the past — shutting down accounts and requiring KYC controls that some users deemed excessive — declares that the exit from Venezuela has to do with the “complexity of complying with U.S. sanctions.” Uphold Abandons Venezuelan Markets Uphold, a New York-headquartered cryptocurrency exchange and stock trading platform, has announced that it will no longer serve customers registered in Venezuela.…
It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto
The Los Angeles Times reported Friday that recently opened NFT-themed burger joint Bored & Hungry no longer accepts cryptocurrency as a form of payment for its food. When questioned, one Bored & Hungry employee told the Los Angeles Times “Not today — I don’t know.” The individual didn’t give any indication of when the decision was made to cut crypto from the menu of payment options, nor did they know if crypto payments would be making a return. Bored & Hungry initially launched back in April of this year. At…
Celsius Network hires advisers ahead of potential bankruptcy: Report
Crypto lending platform Celsius Network has reportedly onboarded advisers from a management consulting firm in advance of the company possibly facing bankruptcy. According to a Friday report from the Wall Street Journal, Celsius hired an unknown number of restructuring consultants from the firm Alvarez & Marsal to advise the platform on potentially filing for bankruptcy. The report followed one from June 14, which said Celsius had hired lawyers in an attempt to restructure the company amid its financial issues. Steady lads https://t.co/5YAdmq5kt8 — Ben McKenzie (@ben_mckenzie) June 24, 2022 Celsius…
YouTuber Paco de la India explains his travels using Bitcoin
A YouTuber started traveling the world to see whether he could survive solely on Bitcoin as a means of payment. In the latest episode of Cointelegraph’s ‘Crypto Stories’ series, Paco from India explained how he started his journey from the city of Bengaluru and learned from the example of travel pioneers who came before him, including Nellie Bly, who circumnavigated the globe in the late 19th century in less than 73 days. Paco worked a variety of jobs before reading up on Bitcoin (BTC) and made a big decision. “This…
Bitcoin se estabiliza cerca de $21K; inversores esperan evitar otra caída el fin de semana
Los analistas se cuestionan si BTC podrá mantenerse por encima del umbral de $20.000 en un clima de desconfianza entre los inversores. Source