NFTs hit $158M weekly sales, Sky Mavis lays off 21% of workforce: Nifty Newsletter

A data-sharing initiative involving one hundred of Japan’s biggest companies will use blockchain for its security, English-language news outlet Nikkei Asian Review reported on June 17.The project, which will commence in spring 2020, aims for participants to share production data in order to enhance overall efficiency.Its controller is the Industrial Value Chain Initiative, an industry…

It's touch and go as to whether BTC can avoid its first four weekly candles in the red since June 2020. 437 Total views 30 Total shares Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBinance bids…

A vastly improved gross margin on sales contributed to a reduction in net loss of over 90% compared to figures from a year ago. Bitcoin mining rig manufacturer Canaan on Aug. 31 released its unaudited financial results for the second quarter of 2020.While gross profit was up both year on year and quarter on quarter,…

Bitcoin (BTC) surfed $27,000 on May 16 as traders stayed buoyant about upside continuation.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView$24,000 BTC price still in play, says traderData from Cointelegraph Markets Pro and TradingView showed BTC/USD still focusing on the $27,000 mark, having dipped to $26,870 after the daily close.Still lacking direction, traders hoped that…

MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association. 254 Total views 1 Total shares As Taiwan regulators prepare to lay out a crypto regulation framework in September, Taiwan’s digital asset platforms have announced the establishment of an industry association. MaiCoin Group, BitoGroup and Ace

Bitcoin-cautious Germany has seen its first bank demand that ordinary savers pay it to hold their money — even as little as €1.According to multiple local press outlets including the Süddeutsche Zeitung on Nov. 19, the Volksbank Raiffeisenbank Fürstenfeldbruck (VRF) in Northern Bavaria is now charging 0.5% negative interest rates on the smallest deposits.Bank on…

Bitcoin “doesn’t owe you any pullbacks” from current levels, one analyst argues as stability returns to crypto markets. 938 Total views 121 Total shares Bitcoin (BTC) stayed tantalizingly close to $50,000 on Tuesday as bulls contended with a classic resistance level.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewToo late for “dirt cheap” Bitcoin?Data from Cointelegraph Markets…

Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows.

That doesn't mean the securities regulator can't still pursue action against actors in the staking domain, industry analysts and lawyers warn.