Author: Crypto Insider

The chief investment officer of the Guggenheim Partners investment firm, Scott Minerd, warned on Friday that Bitcoin could step down at $10,000 to $15,000. This February, the now-bearish expert was much more optimistic. In the interview on CNBC, the expert of the multi-billion dollar investment firm said that investors shouldn’t be “anxious to be putting…

Scotland Yard seized £114 million (around $158 million) worth of cryptocurrency, which they believe was being used to transfer proceeds of crime. As the Metropolitan Police said on Friday, they arrested a 39-year-old woman on suspicion of money laundering. This was the biggest seizure in the U.K. and more than doubled their total seized from…

The NFT, a burgeoning technology that potentially could change how we own everything from artwork and concert tickets to our homes. The mind-boggling sales bring attention to NFTs, along with support from bigger names. USA TODAY collected everything you need to know about the digital platform. Last week, the auction house Christie’s announced the artist…

Digital artist Mike Winkelmann, also known as Beeple, unveiled his next venture on Thursday, a website called WENEW, which allows people to buy and own historic moments as NFTs, and “immortalizing these moments of human achievement.” Earlier this March, Beeple made headlines after Christie’s auctioned his artwork as an NFT for $69 million. Now he’s…

Bitmain, China’s largest manufacturer of top-tier crypto mining machines, has claimed on Wednesday that it suspends sales of its miners globally due to the mining restriction in China. According to Bloomberg, the Beijing-based mining giant decided to cut supply after its rigs have lost their value by about 75% since April. In recent weeks, China…

The venture capital giant Andreessen Horowitz has officially announced the launch of a $2.2 billion fund focused on the crypto industry. The Silicon Valley venture firm, founded by Marc Andreessen and Ben Horowitz in 2019, announced the new $2.2 billion cryptocurrency-focused fund, said in a blog post on Thursday. Crypto Fund III, co-led by Andreessen…