Coinbase CEO claims Ripple lawsuit is going well, XRP community demands relisting
The Ripple versus SEC dispute is continuing to drag on, with both parties presenting important claims. Many cryptocurrency proponents, however, feel Ripple has the upper hand in the case, particularly in light of the deposition of former SEC employee William Hinman and the numerous red flags raised by Ethereum being given a free pass because […]
Redditors cheer as GameStop gathers a team of NFT specialists
GameStop (GME) is putting together a team of blockchain and NFT professionals to work on the company’s new NFT platform. As a consequence of the r/wallstreetbets and Robinhood saga earlier this year, the company’s GME stock has become a cult favourite among retail traders. The r/Superstonk group on Reddit has 659,000 members and is dedicated […]
Elon Musk shares Jack Dorsey’s inflation concerns
With a recent comment, Tesla CEO Elon Musk has fueled the current discussion about inflation. While Elon Musk avoided making long-term forecasts, he says that there is “significant inflationary pressure” in the short term in response to Ark Invest CEO Cathie Wood’s tweet regarding the diminishing velocity of money in the United States. I don’t […]
Tesla may reintroduce cryptocurrency as a payment method
Tesla may resume taking cryptocurrency payments, according to its third quarterly report filed with the Securities and Exchange Commission. According to the report, Tesla spent $1.5 billion on BTC in the nine months ending September 30. It accepted Bitcoin as payment for sales of some items in certain locations until the end of March, but […]
Data reveals that SuperRare customers buy more costly NFTs while having fewer buyers
According to Dune Analytics, NFT marketplace SuperRare has achieved a new monthly record for a total sales volume of $31.4 million with a week to spare till the end of October. SuperRare is a one-of-a-kind Ethereum (ETH) NFT marketplace where collectors may buy a blockchain deed of ownership for digital things including memes, films, and […]