Posts published on June 26, 2021 go to media archive

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Guggenheim CIO Predicts ‘Real Bottom’ of Bitcoin, Warns BTC Price Could Fall to $15,000

The chief investment officer of asset management firm Guggenheim, Scott Minerd, thinks he knows where the real bottom of bitcoin’s price is. He warns that the price of the cryptocurrency could fall to the $15K level. Guggenheim’s Scott…
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Crypto Travel Rule Working Group Launches 2.0 Protocol ‘Solving the Discoverability Problem’

Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule Protocol (TRP) released its 2.0 version of the TRP crypto application programming interface (API) in order…
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Blockchain Surveillance Firm Chainalysis Raises $100 Million, Company’s Valuation Now $4.2 Billion

The blockchain intelligence and surveillance firm Chainalysis announced the company has raised $100 million in Series E funding from investors such as Coatue, Benchmark, Accel, Addition, Dragoneer, Sequoia Heritage, and SVB Capital. The financing…
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Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year

The New York City mayoral candidate in the lead, Eric Adams, has promised that in one year New York will be “the center of all technology,” including “the center of bitcoins.” He will compete with Miami where Mayor Francis…
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John McAfee’s Death Ignites ‘Dead Man’s Switch’ Theory — Widow Says He ‘Was Not Suicidal’

At age 75, the former antivirus tycoon and cryptocurrency advocate, John McAfee, passed away by reported suicide. McAfee was a wild and charismatic man but prior to his death, he was facing tax-related charges and extradition to the United States…
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US Man Selling Bitcoin Without License Faces 5 Years in Prison

A New Orleans resident has been charged for selling bitcoin without registering with the Financial Crimes Enforcement Network (FinCEN). If convicted, the seller may receive a maximum of five years in prison, a maximum $250,000 fine, up to three…
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Major Auction House Christie’s Accepts Bitcoin for Painting Worth Estimated $6 Million

British auction house Christie’s will accept bitcoin and ether for a painting worth an estimated $6 million. The digital wallet used to pay for the painting must be held at one of the approved custodians, such as Coinbase, Fidelity, Gemini…
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Palestinians Ponder Digital Currency as Move for Monetary Independence

The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the…
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Marvel Entertainment to Launch NFTs — Fans Can Soon Hunt for Rare NFT Comic Books

Marvel Entertainment has announced the company is stepping into the realm of non-fungible tokens (NFTs). The wholly-owned subsidiary of The Walt Disney Company and the popular comic book creator explains that Marvel fans will be able to buy…
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NFT Roundup: Beeple’s We.new Platform, DeLorean DMC-12 NFTs, Jerry Garcia’s Music Art

Over the last seven days, there have been close to 18,000 non-fungible token (NFT) primary sales worth over $12.7 million. This week also saw a great number of non-fungible token (NFT) announcements surrounding big names like DeLorean Motor…
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SEC Delays Robinhood IPO Over Questions Concerning the Company’s Crypto Business: Report

Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO) delayed by the U.S. Securities and Exchange Commission (SEC). According to a report citing…