Beeple on his 5040 day labor of love – Cointelegraph Magazine

At the age of 26, Wisconsin web designer Michael Winkelmann began creating a new piece of digital art in his personal time every single day. He calls them ‘Everydays’. “I saw a pretty big step-up in the work that I do,” he says. “The ‘Everydays’ are basically just the pictures that I do every single day, and I’ve been doing those for over 5,000 days now.” Thirteen years later Beeple, as he’s better known, has been commissioned by huge acts like Justin Bieber and Imagine Dragons and he emerged in…

Superplastic Tries Out NFTs With Janky, Guggimon

Basketball players, pop singers and now high-end vinyl toys – lots of different groups are trying out non-fungible tokens (NFTs) on Ethereum as a new way to monetize. Superplastic is a company that makes artistic vinyl toys for the collectibles market. It’s debuting two new figures on the Winklevoss-owned Nifty Gateway, from Guggimon and Janky, two artists with strong Instagram followings.  We might be seeing fresh interest from the non-crypto world because of the sector’s growth. NonFungible.com released its 2020 report on NFT data for 2020, finding over 220,000 active…

Market Wrap: Bitcoin Remains Around $48.5K Amid Flat Trading Activity

Bitcoin faced choppy markets for most of Tuesday after briefly trading above $50,000 for the first time during early U.S. trading hours. With some remaining bullish, other analysts and traders warned about near-term price correction. Bitcoin (BTC) trading around 48,810.95 as of 21:00 UTC (4 p.m. ET). Gaining 0.39% over the previous 24 hours.  Bitcoin’s 24-hour range: $47,088.84-$50,584.85 (CoinDesk 20) BTC between its 10-hour and 50-hour averages on the hourly chart, a sideway signal for market technicians. Bitcoin trading on Bitstamp since Feb. 13. Source: TradingView Bitcoin volumes on major…

Evolve Becomes Second Canadian Issuer to Win Approval for Bitcoin ETF

The Ontario Securities Commission (OSC) has approved Canada’s second bitcoin exchange-traded fund (ETF).  Evolve’s bitcoin ETF was conditionally approved on Tuesday to trade on the Toronto Stock Exchange, the company announced in a press release.  “Evolve was the first to file for a bitcoin ETF in the U.S.,” said James Seyffart, ETF research analyst at Bloomberg Intelligence. “It’s a promising sign if there are no issues with launching a bitcoin ETF in Canada. … The U.S. regulatory framework tends to be a lot more in line with things that happen…

Evolve wins second Canadian Bitcoin ETF as Ontario regulator approves application

North America’s second Bitcoin (BTC) exchange-traded fund received regulatory approval on Tuesday, offering another potential entry point for institutional investors to access digital assets. Less than three weeks after filing a preliminary prospectus for a Bitcoin ETF, Evolve Funds Group Inc announced Tuesday that its fund has been approved by the Ontario Securities Commission, or OSC. The ETF has two ticker symbols: EBIT for Canadian-denominated units and EBIT.U for U.S.-denominated units. EBIT is said to provide “unhedged exposure to the daily price movement” of Bitcoin in Canadian dollars, whereas EBIT.U provides…

Gold bug Peter Schiff gives Bitcoin permission to hit $100K

The man who once said “Bitcoin will never hit 50K” has doubled down on the bearish prediction that Bitcoin (BTC) will eventually go to zero. Back in 2019, CNBC host Joe Kernen speculated that Bitcoin’s price would reach $55,000 by May 2020. Peter Schiff mocked him at the time, saying “Bitcoin will never hit 50k.” Though somewhat delayed, the price of Bitcoin hit a new all-time high of more than $50,000 this morning after rising 8% this week. Members of Crypto Twitter — including the gold bug’s own son — threw Schiff’s words back…

Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches

The price of Cosmos’ ATOM has increased 240% since the beginning of February as excitement builds for the approaching Stargate upgrade on Feb. 18 that will help connect all Cosmos-based chains together using Inter-Blockchain Communication (IBC). Data from Cointelegraph Markets and TradingView shows that ATOM was trading at a price of $7.83 on Feb. 1 before a series of positive announcements, including the ability to stake ATOM on Binance, helped lift the token to a new all-time high of $26.68 on Feb. 16. ATOM/USDT 4-hour chart. Source: TradingView Stargate has been…

Bitcoin se recupera de la caída después de alcanzar los $ 50K

Bitcoin alcanzó un nuevo valor máximo al superar los $50.000 esta mañana, después de haber desplazado el exceso de apalancamiento alcista en el mercado de derivados con una rápida caída del precio el lunes. Por un breve momento, y durante las primeras horas de trading en Nueva York, bitcoin superó por primera vez los $50.000. El lunes, los valores de bitcoin habían caído $3.000 hasta situarse por debajo de $45.926 durante las primeras horas de trading en Asia, lo que provocó liquidaciones de posiciones largas por aproximadamente $392 millones en…

Ethereum Debuts On CME To $55M In Futures Open Interest

Ethereum price is trading at just below $1,800 per token after following Bitcoin’s upward trajectory to new all-time highs. Part of the buzz and momentum was generated by the introduction of Ether Futures trading on the Chicago Mercantile Exchange, also known as CME Group. During the altcoin’s debut week, Futures open interest reached a grand total of $55 million. Here’s how the second-ranked cryptocurrency’s first week trading on CME compares to Bitcoin’s, and what happened in the weeks to follow. Ether Futures Debut On CME Group, Open Interest Rises To…