Top 5 Crypto News of the Day
WallStreetBets Reddit group moderators have announced opening exclusive postings for Bitcoin, Ethereum, and DOGE. The retail trading group known for pumping stocks such as Gamestop (GME) was only limited to the stock market discussion.
That seems to be changing with the recent announcement of the forum for allowing crypto posting in the subreddit exclusively for coins such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).
Gary Gensler has been recently approved by the United States Senate to lead the Securities and Exchange Commission, SEC, which came on the same day of Coinbase listing.
Well, now we know that the listing of Coinbase on NASDAQ is not the only big thing that is happening this week.
A well-known face in the crypto industry is going to take charge of the Securities and Exchange Commission of the United States. This decision has been approved by the United States Senate.
Gensler has previously given lectures on Bitcoin and Blockchain technology at the Massachusetts Institute of Technology, MIT.
Former South Korean social media giant, Yonhap, is looking forward to relaunching its business with the help of the crypto-space. The news reported from the local media outlet reads that Cyworld is dealing with the “major gaming companies” that demand crypto-related ventures.
Presently owned by a consortium of five domestic companies that includes SKY E&M, Cyworld was acquired by a company, Aire, in 2016. After the data leak incident, the company raised around $0.5 million in token sales for crypto called “Cling.” and the token prices touched minimum rapidly, resulting in the failure of the business.
An online sale of the NFTs is up for auction by a digital artist Pak fetched a total of $16.8 million at Sotheby’s. The auction also includes a single-pixel image that fetched $1.36 million after one and half hours of bidding. The Sotheby’s sale, known as The Fungible’ Collection, consists of a complex structure. This includes a series of digital cubes that collectors can purchase in the range of $500 to $1,500 each. The number of cubes investors own determines the number of NFTs received.
Owner Mark Cuban says that the team is never going to sell even 1 DOGE it receives from the sale ever. Cuban is a well-known investor and one of the hosts of the entrepreneurial-themed reality show Shark Tank.
The NBA’s Dallas Mavericks merchandise shop has seen a rise in customers using Dogecoin for purchasing its products.
Following the massive craze around the Shiba Inu-themed meme cryptocurrency, numerous celebrities started tweeting on Dogecoin, pumping its price. The billionaire investor and Shark Tank star Mark Cuban was among them.
He went even far ahead by implementing Dogecoin payments for tickets and merchandise for his NBA team, the Dallas Mavericks.
‘We Will Never Sell 1 Single Doge Ever’ Says Mark Cuban on Dallas Mavs
Digital Artist Pak’s NFTs Fetch Total $16.8M in Auction
Yonhap in Conversation With Gaming Companies to Implement Its Crypto
Gary Gensler Takes Charge of the SEC as Coinbase Listing Goes Live
WallStreetBets Opens Exclusive Posting for Bitcoin, Ethereum, and DOGE