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Billionaire entrepreneur and investor Mark Cuban is investing in a non-fungible token (NFT) marketplace. In a new tweet, digital items trading platform Mintable reveals that the Shark Tank star is an official investor in their project. Its official! Mark Cuban (@mcuban) has invested in Mintable & we are now proud to be one of the […]
Digital payments giant Ripple Labs asserts that the U.S. Securities and Exchange Commission’s (SEC) actions against the firm have cost investors billions of dollars in damages. In response to the SEC’s amended complaint, Ripple alleges that the lawsuit accusing the firm of selling unregistered securities in the form of XRP has drastically harmed those that […]
Crypto exchange Kraken has released a report for its VIP traders to the public, which says Bitcoin is far away from this market’s top. The document plots BTC’s logarithmic growth curve, which follows BTC’s resistance and support levels over the course of its cycles dating back to January 2011. The US-based crypto exchange maps out […]
An under-the-radar small-cap altcoin is turning heads after printing mind-boggling gains in a span of seven days amid skyrocketing interest in non-fungible tokens (NFTs). Non-Fungible Yearn (NFY) is a new breed of crypto asset that leverages the hallmark features of NFTs and decentralized finance (DeFi). NFY Finance aims to allow users to stake their crypto […]
Altcoin Daily founder and trader Austin Arnold says five crypto projects are going mainstream in March thanks to new business developments. First up on Arnold’s list is Ethereum (ETH). The trader cites the announcement that Amazon Web Services (AWS) has made Ethereum available on the Amazon Managed Blockchain. Amazon says the move will make it […]
The Internal Revenue Service (IRS) is addressing critical questions related to the taxation of virtual currencies such as Bitcoin (BTC) in the US. In a new FAQ resource, the agency clarifies that in its view, American taxpayers did not acquire a financial interest in crypto if they only bought – but did not sell – […]
Kraken CEO Jesse Powell believes that Bitcoin is set to hit the seven-figure mark. In a new interview with Bloomberg TV, Powell bets that Bitcoin’s price will grow by roughly 2,000% within the next decade and says it could eventually replace other dominant world currencies. “So you know the people that are believers in Bitcoin […]
Analyst and trader Michaël van de Poppe is assessing the crypto markets and says the sector is gradually gearing up for another massive bull run. Van de Poppe says he expects Bitcoin to continue its corrective phase in the days ahead. Van de Poppe says that another rejection at the $52,000 level will likely take […]
