Crypto lender Vauld seeks protection against creditors: Report
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets.
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets.
BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position.
“NFTs can create models of scarcity and exclusion that conflict with our Guidelines and the spirit of Minecraft,” says the entity.
Elon Musk’s electric vehicle maker has offloaded most of its BTC reserves, according to financial statements released on Wednesday.
The much-anticipated Merge upgrade has been in the making for over two years.
Despite July 20’s pullback, the market structure of BTC and most altcoins is still showing early signs of a trend reversal.
“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase.
Crypto regulation came through as expected in the Financial Services and Markets Bill in spite of changes in government personnel and the collapse of the crypto market.
A consulting firm predicted that the NFT market could be worth $231 billion in 2030, noting that the market will grow at a rate of over 33.7% in the years to come.
The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels.