In an unprecedented move that sent ripples through both the digital art and cryptocurrency communities, the Infinite Node Foundation (NODE) has secured the intellectual property rights to the iconic NFT collection, CryptoPunks. This significant shift from private ownership to a nonprofit framework implies a radical rethinking of what it means to own digital art. The
Bitcoin, often heralded as the future of currency, today stands at a crossroads, with price actions that are anything but stable. Following the release of surprisingly lower Consumer Price Index (CPI) numbers, one would expect Bitcoin to ride a wave of momentum. Instead, it is hovering in a state of indecision, painting a perplexing picture
The world of cryptocurrency is no stranger to volatility, but Ethereum (ETH) has been capturing headlines with its astounding oscillations recently. After plummeting to an 18-month low of $1,380, the altcoin has surged nearly 45% in the span of a week, reclaiming its previous macro trading range between $2,200 and $3,900. Yet optimism should be
The disparity in liquidity between crypto markets and traditional finance has garnered attention from various corners of the financial world. A recent report from S&P Global underscores the ongoing struggle of cryptocurrencies to achieve the kind of deep liquidity seen in conventional markets like the New York Stock Exchange (NYSE). This is no surprise; any
In the rapidly evolving landscape of cryptocurrency, a profound tension exists between regulatory frameworks and the very essence of innovation. Recently, Senators Cynthia Lummis and Bernie Moreno took a bold step by urging the Treasury Department to clarify how the Corporate Alternative Minimum Tax (CAMT) interacts with the new accounting standards set forth by the
In recent days, Ethereum (ETH)—the second-largest cryptocurrency—has undeniably stolen the spotlight, recording an astounding 40% increase in value over a mere week. This remarkable spike saw Ethereum’s price traverse the $2,600 mark, a high it hadn’t reached since late February. However, the euphoria was accompanied by some market adjustments, as ETH currently adjusts to hover
When news broke that Arbitrum has committed a significant $10 million in funding to blockchain gaming through its newly formed Arbitrum Gaming Ventures initiative, it sent ripples throughout the industry. This investment, part of a larger $200 million program backed by the Arbitrum DAO, demonstrates a clear shift towards nurturing the gaming sector within the
In the ever-volatile realm of cryptocurrency, Bitcoin has once again showcased its ability to astound and confound. Recently surging to nearly $106,000, Bitcoin’s ascent was abruptly interrupted by a dramatic rejection, plunging to below $101,000 in the blink of an eye. This whiplash-inducing price movement epitomizes the instability that has become characteristic of the cryptocurrency
In recent years, the intertwining of global trade policies and the financial market has become starkly evident. The tumultuous tariff wars instigated by President Donald Trump’s administration have not just rattled stock markets but have sent shockwaves through the cryptocurrency sector, particularly affecting Bitcoin. The rise and fall of Bitcoin, often considered a barometer for
In a world where cryptocurrencies are often perceived as volatile and unpredictable, Ethereum has recently made headlines by crossing the $2,400 threshold. This resurgence, marking a 50% growth within a single month, has attracted significant attention. It’s particularly impressive when juxtaposed with Bitcoin’s 19% ascent in the same duration. Far from being a mere financial