Ether traders eye more downside amid ETH/BTC tapping 'new multi-year lows'
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin.
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Coinbase Now Has Its Own Political Action Committee
San Francisco-based cryptocurrency exchange and wallet provider Coinbase has created its own political action committee (PAC), according to documents made public today, July 20. In the U.S., PACs are organizations that pool campaign contributions from members with similar policy and political goals and subsequently donate them to political campaigns for or against candidates, legislation, or…

Sotheby’s Metaverse announces latest and largest NFT charity auction
Proceeds will go towards Sostento, a nonprofit that supports frontline public health workers. 411 Total views 14 Total shares Sotheby’s, the world’s oldest art and luxury auction house, announced its collaboration with the public health care advocate and nonprofit organization Sostento to auction off its latest NFT collection via the Sotheby’s Metaverse. The auction titled…

Bitcoin Seals Further Gains in a Mostly Green Market as Ethereum Fails to Break $300
Tuesday, September 4: crypto markets are largely green today, with Bitcoin (BTC) inching upwards yet further, and several large-market-cap alts seeing solid gains, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $7,374 at press time, up over 1 percent on the day as it continues boost its newly won gains, according…

‘Biggest week of the year’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000.After its latest weekly close, BTC/USD showed little upward momentum prior to the Dec. 12 Wall Street open.With volatility yet to appear, the largest cryptocurrency continues to trade in a narrow range, and analysts are increasingly impatient…
NYU law professors argue ‘personal growth bets’ using smart contracts should be legal
New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of "personal growth bets."According to the duo, personal growth bets are single-party contracts that people would engage in with themselves.

G20 Forum Shelves Deadline for ‘Very Specific Recommendations’ on Crypto
Cryptocurrencies will continue to receive a broadly hands-off approach from the G20 until at least October, a meeting of the forum confirmed July 21-22. A summary of interim decisions made by the dedicated Finance Ministers & Central Bank Governors (FATF) group sees any hard-and-fast regulatory steps regarding cryptoassets remain absent. The results follow a four-month…

Square Lowers Its Q1 Estimates by $800M Despite Bitcoin Success
Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning of March was relatively in line…

BNB Chain Optimism-powered layer-2 opBNB hits mainnet
Binance’s Ethereum layer 2 scaling platform opBNB is now publicly available, following extensive testing of the OP Stack-based platform. 104 Total views 3 Total shares The BNB Chain blockchain ecosystem is set to tap into Optimism's rollup technology powering its newly launched opBNB layer 2 scaling platform.BNB Chain announced the public mainnet launch of its