Hip-hop icon Calvin Cordozar Broadus Jr., also known as Snoop Dogg, has revealed himself to be the pseudonymous NFT collector “Cozomo de’ Medici.” While Snoop has not provided further clarification beyond a Sept. 21 tweet unveiling his digital identity, Medici’s NFT wallet is worth roughly $17.6 million, according to DappRadar. Snoop’s collection features a long
Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and consolidate its spot as one
Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF). In an interview with Stansberry Investor host Daniela Cambone on Sept. 21, McGlone asserted that Canada is extending a competitive lead over the United States
Ethereum settled below the $3,000 support zone against the US Dollar. ETH price could resume its decline unless there is a clear break above the $3,000 resistance zone. Ethereum started a fresh decline below the $3,100 and $3,000 support levels. The price is now trading below $3,000 and the 100 hourly simple moving average. There
As the prospect of Chinese property giant Evergrande defaulting on $305 billion worth of debt looms, pundits are weighing in on how the firm’s bankruptcy could impact the legacy and crypto markets. Speculation as to whether the real estate investment giant will default has coincided with a downturn across the crypto and stock markets, leaving
A new study from the New York Digital Investment Group (NYDIG) has projected that Bitcoin’s energy consumption will remain below 0.5% of the global total over the next decade. NYDIG published its ‘Bitcoin Net Zero’ research paper this month, finding that Bitcoin’s energy consumption and carbon emissions will not skyrocket in the coming years, even
Bitcoin price extended its decline below the $40,000 level against the US Dollar. BTC is now recovering and it could climb higher if it clears the $42,500 resistance. Bitcoin settled below the $44,000 and $43,000 support levels. The price is still trading below $43,000 and the 100 hourly simple moving average. There is a key
The price of Bitcoin has slumped below $40,000 for the first time in six weeks. The slide took place near the close of the day on Sept. 21, with BTC prices having drawn down by 16% from nearly $47,300 at the start of the day, to tag a local low of $39,650 at roughly 9pm
Amid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days. Changes Coming to Binance Australia Cryptocurrency exchange Binance announced some changes to its offerings in Australia Tuesday. The exchange will cease offering futures, options, and leveraged tokens to existing
After 46 consecutive days of trading above $42,000, Bitcoin (BTC) price started to show weakness on Sept. 21. Over the last three days, the 13% accumulated loss was enough to erase the hard-earned gains added since Aug. 6. Historicals also show that the previous bearish cycle took 79 days to regain the all-important $42,000 level.
