Cryptocurrency is slowly tending from being a marginal idea backed by crypto enthusiasts to a solid alternative asset class held by many respectable U.S. institutions. And the speed of this transition is growing day by day, as noted by Benzinga. The current moment is interesting in that the common belief was that governments would be…
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…
Seem Musk’s tweets, either they are serious or goofy, always have some impact on the price of cryptocurrencies. However, while cryptocurrency becomes more mainstream, the market gradually calms. As Ethereum co-creator Vitalik Buterin predicts that the crypto market will develop an “immune system” against such social media impacts, jaded crypto investors hope that it will…
MicroStrategy CEO Michael Saylor expressed his support for cryptocurrencies and called Bitcoin the most dominant digital property network. In the interview with CNBC on Tuesday evening, he compared Bitcoin to digital gold on a big technology network. Commenting about the performance over the last 12 months the recent surge in inflation, and the role of…
Bitcoin falls again on Tuesday. The largest cryptocurrency continued to slip down all day among a massive selling out of digital currencies as investors were concerned about shifting U.S. monetary policy, continued tightening of crypto regulation in China, and doubts of the security of the cryptocurrency after the FBI had recovered most of the ransom…