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Yuga Labs New NFT Acquisition? CryptoPunks And Meebits

Normally, a “major NFT acquisition” is a whale-sized buy, stuffing up big dollar NFTs in their wallet. However, this most recent headline-smashing acquisition news in the NFT space isn’t about a big whale purchase, but rather a broader project acquisition – the first of it’s kind at this level – by Yuga Labs. The Bored

Hedge Fund Holdings Fail To Prop Up Bitcoin Price

Bitcoin’s price is at risk of going down because investors are funding short positions in Bitcoin by borrowing digital money from exchanges. Datamish shows that investors are funding short, causing the value of Bitcoin to go down. Bitcoin fell again on Friday, despite a surge in capital inflow from large wallet investors and institutions. Brevan …

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Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years

The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency exchanges. Since This Time Last Year, Large Sums