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Another interesting week has come and gone in the world of cryptocurrency. With the CFTC investigating one of the top exchanges, Binance. The NFT market continues to boom with Beeple NFT selling at Christie's auction house for just under $70 million. A user on NBA Top Shot declined a million-dollar offer for his Zion Williamson NFT. Finally, MicroStrategy continues to accumulate Bitcoin adding another 262 BTC to their holdings.
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Business analytics firm MicroStrategy announced that it has purchased an additional 262 Bitcoin at an average price of $57,146 per BTC. Bringing the total valuation to about $15 million. "MicroStrategy has purchased an additional ~262 bitcoins for ~$15.0 million in cash at an average price of ~$57,146 per #bitcoin." Tweeted founder and CEO Michael Saylor. "As of 3/12/2021, we #hodl …
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Cryptocurrency exchange Binance is being investigated by the Commodity Futures Trading Commission (CFTC). To determine if U.S. residents are trading derivatives on the platform. "We take a collaborative approach in working with regulators around the world and we take our compliance obligations very seriously," Binance said in a statement. Derivatives trading in the U.S. is strictly overseen by the CFTC. …
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NBA Top Shot collector "jerlevine" turned down the first $1 million offer for his #1 Jersey Match S1 Holo Zion Williamson NFT. The token is of “legendary” rarity and was originally purchased for $100,000 on Jan. 25. Cards with low serial numbers and those that match a player's jersey tend to be worth more. With Zion Williamson’s jersey number being …
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The DAPP Network has implemented a new governance model that will allow token holders to decide their own future. The change will give more power to community members, allowing them to suggest, debate, and implement changes to the DAPP Network. And they can do so without requiring any specific community leader or special permissions. This change could also allow LiquidApps …
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Beeple NFT was sold for $69.3 million at Christie's on Thursday morning. This was a record-breaking amount in the surging NFT art category. Beeple is a 41-year old illustrator from Wisconsin. The piece itself was a collage of 5,000 images made by him over the same amount of days. Additionally, this sale places Beeple among the three most valuable living …
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