NFTs Are Securities and It’s Great
Artist and lawyer Brian Frye writes about why non-fungible tokens represent investment contracts in social clout. Everyone in the non-fungible token (NFT) market is terrified that the U.S. Securities and Exchange Commission (SEC) will decide that NFTs are securities and regulate them. They should get over it. Of course NFTs are securities. That’s what makes them so powerful and promising. Rather than avoid SEC regulation, the NFT industry should embrace this categorization. It’s inevitable an...
NFTs Are Securities and It’s Great
Artist and lawyer Brian Frye writes about why non-fungible tokens represent investment contracts in social clout. Everyone in the non-fungible token (NFT) market is terrified that the U.S. Securities and Exchange Commission (SEC) will decide that NFTs are securities and regulate them. They should get over it. Of course NFTs are securities. That’s what makes them so powerful and promising. Rather than avoid SEC regulation, the NFT industry should embrace this categorization. It’s inevitable an...
Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won’t affect most people
In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are professors who study finance, investing and fintech. They explain how and why this incredible collapse happened, what effect it might have on th...
Dramatic collapse of the cryptocurrency exchange FTX contains lessons for investors but won’t affect most people
In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November 2022, the second-largest cryptocurrency exchange, FTX, was valued at more than US$30 billion. By Nov. 14, FTX was in bankruptcy proceedings along with more than 100 companies connected to it. D. Brian Blank and Brandy Hadley are professors who study finance, investing and fintech. They explain how and why this incredible collapse happened, what effect it might have on th...
3 lesser known types of cryptocurrency
The bitcoin is not just one of the most popular forms of cryptocurrency, but it is quickly becoming synonymous with the term. There are a variety of currencies that have been inspired by the bitcoin collectively known as altcoins. These improvisations of bitcoins consider themselves to be a better and more polished version of the bitcoin. There are more than 700 different types of cryptocurrencies, while the world is still stuck on the bitcoin and its different variants. While the best time t...
3 lesser known types of cryptocurrency
The bitcoin is not just one of the most popular forms of cryptocurrency, but it is quickly becoming synonymous with the term. There are a variety of currencies that have been inspired by the bitcoin collectively known as altcoins. These improvisations of bitcoins consider themselves to be a better and more polished version of the bitcoin. There are more than 700 different types of cryptocurrencies, while the world is still stuck on the bitcoin and its different variants. While the best time t...
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving. Bitcoin miner CleanSpark has begun the second phase of operations at its mining campus in Washington, a city in the U.S. state of Georgia, reaching 8.0 exahashes per second (EH/s), halfway to its year-end target of 16 EH/s. The second phase saw an investment of nearly $55 million in the site, including construction, infrastructure and machines. The facility, bought ...
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving. Bitcoin miner CleanSpark has begun the second phase of operations at its mining campus in Washington, a city in the U.S. state of Georgia, reaching 8.0 exahashes per second (EH/s), halfway to its year-end target of 16 EH/s. The second phase saw an investment of nearly $55 million in the site, including construction, infrastructure and machines. The facility, bought ...
Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage
Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry. This July 14 Bitcoin weekly options expiry holds the potential to be a significant turning point for market sentiment, potentially leading to a breach below the crucial $30,000 support level. Despite the initial bullish surge triggered by the spot Bitcoin exchange-traded fund (ETF) requests, the recent macroeconomic data has not be...
Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears’ advantage
Bitcoin’s price is following in XRP’s footsteps by rallying close to $32,000, but the price could pull back in the face of this week’s $720 million options expiry. This July 14 Bitcoin weekly options expiry holds the potential to be a significant turning point for market sentiment, potentially leading to a breach below the crucial $30,000 support level. Despite the initial bullish surge triggered by the spot Bitcoin exchange-traded fund (ETF) requests, the recent macroeconomic data has not be...
