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Crypto News

German law to allow funds to invest in crypto

The new law allowing Spezialfonds to invest in cryptocurrencies comes into effect on 2 August German investors could provide yet another frontier for Bitcoin and altcoin investment from institutional investors, continuing a recent trend that has seen more and more institutions seek opportunities in the sector. According to Bloomberg, a new law allowing German Spezialfonds …

NFT

NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors

As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space. …

Crypto News

Wells Fargo Is Offering Crypto Exposure to its High-Net-Worth Clients

Wells Fargo has also joined in on crypto-mania. The financial services giant has started offering cryptocurrency exposure to its high-net-worth clients (HNWI), reported Insider, saying a company spokesperson has confirmed this. In 2021, banks, hedge funds, mutual funds, pension funds, insurance companies, asset managers, and financial institutions, everyone from the traditional market has started warming …

NFT

CryptoPunk Prices Rise 53% in Week After Ethereum Whales’ Feeding Frenzy

The average price of a CryptoPunk has skyrocketed by 53% in the past week, from 34 ETH ($87,800) on July 24 to 52 ​​ETH ($135,000) yesterday. The sudden surge in popularity follows a buying spree that started on Friday and has continued throughout the weekend, with Sunday’s volume already at 8,520 ETH ($22 million) as …

NFT

NFT Leaderboard Study Highlights The Crypto Industry’s Leading NFT Collectors

As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space. …

NFT

NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors

As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space. …

NFT

Glozal Plans to Launch World’s First NFT Music Player 

Music technology company Glozal plans to launch the world’s first NFT music player before the end of the year.  The Florida-based company is set to launch its NFT music player, which will prevent music piracy and help musicians sell their creations digitally. The NFT player will also prevent tracks from being copied illegally.  Glozal plans …

Crypto News

Massive Rewards Up For Grabs In The Phemex Olympics Trading Competition

Cryptocurrency exchange Phemex has announced it is hosting an Olympics competition for traders. The competition will give traders a chance to earn rewards based on their trading volume and return on investments (ROI). The competition is scheduled to start at the end of July on the 30th. Kick-off time has been placed at 8 AM …

NFT

Ethereum Price Surpasses $2,600 While Bitcoin Growth Slows Down

The price of Ethereum has reached $2,600, a price not seen since early June, when the cryptocurrency was still descending from its all-time high of $4,357 on May 12. But now the second-largest cryptocurrency is on the mend. Ethereum’s price is up 5.59% over the past 24 hours and 21.77% this week. The market cap …