Digital collectibles market sees 45% decline in Q2

Digital asset lender DrawBridge Lending (DBL) announced that it received funding from cryptocurrency commercial bank Galaxy Digital.A fiat-crypto lending and investing serviceDrawBridge announced in a press release published on Aug. 8 that it received funding from Galaxy Digital, further strengthen DBL’s fiat-crypto lending and investing capabilities. Furthermore, the two firms reportedly plan to jointly develop a…

The Iota board said it had “parted ways” with Sønstebø due to the fact its interests have “diverged significantly” with those of the co-founder. 1597 Total views 4 Total shares David Sønstebø will no longer be a part of the Iota Foundation, a non-profit which he helped co-found and most recently co-chaired.According to an announcement…

Medici Land Governance, a blockchain subsidiary of retail giant Overstock, announced on April 13 that they will be developing a blockchain-based land registry platform for Carbon County, Wyoming.Per the signed Memorandum of Understanding with Carbon County, Medici will develop the platform in 2020 to provide a digital space for immutable records and a clear chain…

A man who enforced anti-money laundering under two U.S. presidents has been named the CEO of the Libra Association. May 6, the Libra Association announced the appointment of Obama’s former under secretary for terrorism as its first CEO.Stuart Levey served as an under secretary for terrorism under the administrations of George W. Bush and Barack…

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC. 283 Total views 1 Total shares Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator.

Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021.More importantly, Ether has underperformed Bitcoin (BTC) by 33% between May 10 and June 14, 2022, and the last time…

As a result of the ongoing uptrend, many prominent institutions from the realm of traditional finance have sought to join the crypto bandwagon so as to not miss out on the ongoing action. For starters, a jump in open interest and trading volume for Bitcoin futures has been witnessed across the board over the course…

Bitcoin (BTC) spiked to two-week highs on March 20 amid rumors that the US government was preparing a “major update” to its crypto policy. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Fed’s Powell injects relief into stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching nearly $87,500 on Bitstamp. Currently consolidating near $86,000, Bitcoin