Blockchain Industry Update (Elon Musk, Atari, Beeple Art, BlockFi)

NFT and the rise in the exchange of digital money is new bulls in the market. Find out more about them in this week’s update…

Bitcoin

  • LedgerPrime buys $50 Million Bitcoin. LedgerPrime has sold $49.5 million worth of securities to invest in bitcoin and ethereum according to a filing with the SEC.
  • Simplify has filed an SEC application for an equity plus Bitcoin ETF in an 85:15 ratio. This is the first mixed Bitcoin ETF proposal filed in the U.S.
  • Binance hires Max Baucus, a longtime member of the US Senate, as a regulatory advisor.
  • The NASDAQ-listed cloud technology provider MicroStrategy continues with its DCA strategy by purchasing 262 more Bitcoins for $15 Million.  
  • Grayscale interested in applying for a Bitcoin ETF when regulators give a strong signal.
  • Bitcoin price hits $60K after bulls push through a key resistance cluster. Bitcoin price finally pushed through a tough resistance cluster to secure a new all-time high at $60,000.
  • Luxury hotel group Kessler Collection is allowing all its customers to pay for their hotel rooms with various cryptocurrencies such as bitcoin, bitcoin cash, Ethereum, and Dogecoin.

Blockchain

  • Badger DAO to acquire Badger dot com domain for $300,000. Badgers now have a new home: the DeFi protocol has purchased the badger dot come domain for a tidy $300,000.
  • SBI Holdings, Japanese Strategic Business Innovator Group, has stated that it will reward its shareholders with Ripple’s XRP for the second year in a row, after a successful first round that’s ending on March 31.

Crypto

  • BlockFi valued at USD 3B following USD 350M Round. It was led by new investors including Bain Capital Ventures, Pomp Investments and Tiger Global.
  • Norway’s fourth-richest Man invests in a crypto mining ASIC manufacturer.
  • Ripple acquires a firm with expertise in building trading platforms, integrating with crypto exchanges.
  • FTX in Talks to rename NBA Stadium. Hong Kong-based crypto exchange FTX is very close to signing a sponsorship deal that would rename Miami Heat’s venue as FTX Arena, according to reports.
  • Elon Musk wants the leading US exchange, Coinbase, to list Dogecoin. Such a listing is expected to make the cryptocurrency more accessible to the public.
  • The valuation of the popular crypto lending platform, BlockFi, has reached $3 billion after the company raised $350 million in a Series D fundraising round.
  • Sam Bankman-Fried’s FTX to purchase Miami Heat arena naming rights. Last purchased for $2 million per year, the naming rights will mark crypto first among major American sports leagues.

NFT

  • Popular digital artist Beeple’s 5,000-day collection has sold for $60.25 million dollars, making it one of the highest art auction sales ever.
  • $69 Million Beeple Art Buyer revealed as NFT Whale Metakovan. Pseudonymous NFT investor Metakovan was behind the $69 million purchase of digital artwork from Beeple, per Christie’s.
  • Atari partners with DeFi Site Bondly for Gaming NFTs. The 80s video games company is putting NFTs at the center of its new Atari Metaverse gaming platform.

Also, check out our previous news regarding blockchain here.

Credit: Telegram VYSYN – Capital News

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Taras Filatov CEO

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Taras Filatov, PhD Computer Science,
  Dappros Founder & CEO