Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports. He said that while the crypto is currently considered a non-security at the SEC, that doesn’t mean it should go without regulations. Clayton, who was speaking as a citizen,...
Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. The exchange Barra had with...
Patrick Mahomes, one of the biggest NFL players, has launched his own NFT art gallery, CNBC writes. The gallery will be called “The Museum of Mahomes,” the 25-year-old athlete said on a recent CNBC interview, and will launch March 17, through the digital arts marketplace...
Bitcoin’s prices keep rising as the cryptocurrency has now hit a new record of $60,000, BBC reported, with a total market value of $1 trillion as of last month. Bitcoin has seen its value almost triple since the end of 2020, powered by several big-name...
These are heady times indeed for bitcoin and its peers. Everyone from Elon Musk to Rob Gronkowski is in the game. Volatility reigns. It’s a market where $50,000 once seemed to be a mythical price level. Seems like just a minute ago that price was...
Institutional crypto trading platform FalconX has raised $50 million, valuing it at $675 million, Bloomberg reported. The platform processes about $6 billion in cryptocurrency per month and has seen “significant” revenue growth as institutional activity has surged in recent months. Investors include Tiger Global Management...
Non-fungible tokens (NFTs). They’re still exciting people so much that they’ll pay millions of dollars for something that, quite simply, can be enjoyed or experienced for free. It’s the latest bit of evidence that we’re in what might be thought of, charitably, as rarefied territory....
According to federal prosecutors, antivirus software founder John McAfee and an associate orchestrated fraud schemes to net millions in cryptocurrency, CNBC writes. The 75-year-old McAfee and his “cryptocurrency team” advisor, 40-year-old Jimmy Watson, reportedly did the “age old pump and dump” scheme, which consisted of...
It’s never easy to call the top of, well, anything in any market. Name it: art, baseball cards, certainly not stocks, bonds or housing. But then again, things are looking a bit lofty for bitcoin, at least insofar as sentiment is concerned, possibly signaling some...
