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Grayscale Investments liquidates all of its XRP… while it still can

Grayscale is dissolving its XRP Trust and will distribute cash to investors after liquidating all XRP held by the trust. Institutional crypto-fund manager Grayscale Investments has begun the dissolution of its XRP Trust in response to the Security and Exchange Commission’s December 2020 lawsuit alleging the XRP token is a...

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Rick and Morty creator auctioning NFT artwork collection

The platform stated it would offer “several original artworks” from Justin Roiland as part of his NFT collection. The Winklevoss-owned Nifty Gateway has announced the auction of a crypto art collection from the voice actor and co-creator behind Adult Swim's cult animation series Rick and Morty.According to a tweet from...

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Bitcoin briefly loses its spot as top cryptocurrency — Wait, what?

Bitcoin's twin took over the number-one spot on CoinMarketCap. Bitcoin's market capitalization was briefly flippened today as Wrapped Bitcoin suddenly gained quadrillions of dollars in value.WBTC showed a behemoth market cap of about $432 quadrillion for a brief period (the total world money supply is estimated at $1.2 quadrillion, including...

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Grammy winner Portugal. The Man launches fan token on Ethereum blockchain

In a first for the blockchain world, the Grammy Award-winning band will use cryptocurrency tokens to distribute previously unreleased material. Grammy Award-winning American pop-rock band "Portugal. The Man" has launched a fan-focused cryptocurrency on the Ethereum-based Rally Network. Known as PTM Coin, the new token will reportedly grant fans exclusive...

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Coinbase invests in US-based mining firm amid industry diversification efforts

Titan secured funding from Coinbase to offer a U.S.-developed software suite for miners. Coinbase Ventures, the investment arm of the major crypto exchange, has invested an undisclosed amount into Titan, a developer of software and services targeted at industrial Bitcoin (BTC) mining.According to Titan’s announcement, the investment will help continue...

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0x (ZRX) price rallies 35% ahead of v4 mainnet update

An upcoming mainnet upgrade and increasing DEX market share back 0x's (ZRX) recent double-digit rally. Decentralized exchanges (DEX) are a giant leap in permissionless and transparent trading, and they exist as fantastic alternatives to centralized exchanges. While DEXs ease the process of listing new ERC-20 tokens and remove the need to...

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If Bitcoin doesn’t break record highs right away, it wouldn’t be the worst thing, trader posits

Trading sideways for a while could be healthy for Bitcoin. After its rise past $40,000, and a correction back to nearly $30,000, Bitcoin (BTC) has rebounded once again. Stalling before jumping back up past highs near $42,000 could be good for the asset, however, according to Brian Krogsgard, a trader and...

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Finance Redefined: If it ain’t broke, don’t fix it? Jan. 6–13

A DeFi dev’s vent highlights why traditional investment has its merits. Finance Redefined is Cointelegraph's newsletter focusing on the latest events and trends of DeFi, delivered to subscribers every Wednesday.This week I wanted to highlight Andre Cronje’s recent confession on Medium, which triggered a fair bit of discussion and quite...

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Bitcoin price rally to $37,850 signals that bulls intend to reclaim $40K

Bitcoin’s break above the $35,000 resistance shows bulls are serious about retaking $40,000 in the short-term. Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000 to $40,000. Today’s recovery from the $34,000 level also...

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Crypto mining allegedly worsening air pollution in Iran

Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities. The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences. According to a Bloomberg report, the energy requirements of Bitcoin...

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