
Michael Canfield
Editor in Chief
Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’
On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69...
Bitcoin (BTC) and Ethereum (ETH) price struggles continue
The past week has been uneventful for Bitcoin and Ethereum, but did see bring a fair bit of volatility, as both coins struggled to breach their respective resistances. Bitcoin price was stuck at trying to go beyond $51k, while Ethereum pushed against $1,600...
Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offers New Clues About Crypto Regulation
The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies....
YIELD App Launches Ethereum Fund, Gives Users up to 20% APY
PRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH)....
Uniswap price analysis: UNI hits new all-time high above $34
UNI price rose to $34.87, an all-time new high that also saw Uniswap break into the top 10 cryptocurrencies by market cap Uniswap’s UNI token has reached a new all-time high of $34.87 after rallying 12% in the past 24 hours. This milestone for the DeFi token...
Bitcoin breaks $51,000 as top analyst predicts ‘new highs ahead’
BTC price came close to breaking overhead resistance near $51,500 Bitcoin price rallied 5% to reach highs of $51,477 yesterday before retreating slightly to close at $50,967. At the time of writing, BTC/USD was changing hands at $50,310. Although it faces some slight...
US Court Sentences Another Centra Tech Co-Founder to 8 Years in Jail
Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO). Additionally, the court has...
Critics Claim Tesla Should Sell Bitcoin Position, Electric Vehicle Firm’s Shares Down 30% Since Buying
Ever since Tesla announced the company held $1.5 billion in bitcoin on its balance sheet during the first week of February, the company’s stocks have dropped over 30%. One analyst says that Tesla’s shareholders would be “very supportive” if the...
George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill
The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball Advocates for Crypto as...
Satoshi’s 21 Million Mystery: One-Millionth of the Bitcoin Supply Cap Is Now Worth $1 Million
On Sunday, March 7, 2021, the price per bitcoin jumped over the $50k handle once again, as the digital asset’s overall market capitalization is around $925 billion. One thing is for certain, there will never be more than 21 million bitcoin and today...
US House Representative Ro Khanna Lauds BTC Which ‘Cannot Be Devalued’- Calls for Less Carbon Intensive Mining
After Elizabeth Warren, the U.S. Senator for Massachusetts called bitcoin a speculative asset, Ro Khanna, the U.S. House Representative for California has spoken in favor of the crypto asset. In his Twitter statement, Khanna says “bitcoin just like digital gold...
Discount on Grayscale’s GBTC Plunges to New Record Low as Competition From Emerging Rivals Intensifies
The premium on Grayscale Investment’s GBTC, which turned negative for the first time on February 23, is continuing its downward slide. As the latest Glassnode data shows, the GBTC was trading at a record low discount of -11.92% on March 4, 2021. According to the...