NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer
Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”
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Bakkt names new co-CEO amid re-focus on crypto offerings
Crypto custody and trading firm Bakkt Holdings has appointed a new co-CEO and is cutting some of its services to focus on its crypto offerings after recently losing two major clients. Akshay Naheta, the founder of stablecoin payments infrastructure firm Distributed Technologies Research (DTR), will join Bakkt CEO Andy Main in the role, the company

Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more
Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat.The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat, has been refining the model since 2011. Like Twitter, it began…

Mashinsky says ‘Sharks of Wall Street’ circling around Celsius and other projects
The CEO of crypto lending and staking platform Celsius Alex Mashinsky believes “the Sharks of Wall Street” can smell blood in the water and are causing instability at several crypto projects.Mashinsky attributes recent Celsius (CEL) price falls, the brief Tether (USDT) depegging, and collapse of Terra (LUNA) — at least in part — to short…

BlockTower Capital CIO estimates another 9–22 months of bull run for crypto
The crypto gains are coming in, but how long will it last? 824 Total views 9 Total shares How long will crypto’s current season of prosperity last? Ari Paul, chief information officer at BlockTower Capital, thinks the bull run has at least nine more months. In a tweet on Feb. 4, Paul said the industry is…

Names of non-US FTX users demanded by mainstream media outlets
A number of mainstream media outlets are pushing to publicize the personal details of FTX’s non-U.S. customers, similar to what happened with Celsius. 355 Total views 9 Total shares Own this piece of history Collect this article as an NFTSome mainstream media outlets have objected to attempts to withhold the identities of non-United States customers…

Crypto short liquidations breach $100M as Bitcoin reclaims $64K
Bitcoin has reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall.

Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Bitcoin (BTC) options open interest reached an unprecedented milestone, surging to a staggering $20.5 billion on Dec. 7. This remarkable achievement signifies the active involvement of institutional investors in the cryptocurrency space. Unlike futures contracts, BTC options come with predetermined expiration prices, offering valuable insights into traders’ expectations and the markets’ sentiment.At the forefront of

Tom Lee: Ethereum Will ‘Rally Strongly’ up to $1,900 by the End of 2019
Major altcoin Ethereum (ETH) is about to see a “trend reversal and rally strongly” up to $1,900 per token by the end of 2019, according to Fundstrat head of research Tom Lee, as Bloomberg reported September 27.In a note to clients of Fundstrat Global Advisors, Lee noted the “overly negative” sentiment on the Ethereum market,…