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Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

After today's Bitcoin ETF decision delay, BTC's boring price action looks set to carry on through the weekend.

Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT

After today's Bitcoin ETF decision delay, BTC's boring price action looks set to carry on through the weekend.

US gov’t debt downgraded — Huge news for Bitcoin?

Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months.

Judge orders Sam Bankman-Fried's bail revoked following allegations of witness intimidation: Report

Judge Lewis Kaplan reportedly cited SBF's alleged attempts to influence or intimidate witnesses in the criminal case including a former FTX US general counsel and Caroline Ellison.

Bitdeer's losses widen in Q2 after one-time $33M listing fee, shares up 44%

The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.

SEC decision on Bitcoin ETFs won't leave out Wall Street giants

The Securities and Exchange Commission's prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications.

SEC decision on Bitcoin ETFs won't leave out Wall Street giants

The Securities and Exchange Commission's prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications.

Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?

BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets.

SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application.

SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application.

FC Barcelona secures $132 investment for blockchain and NFT venture

The football club has been keen on creating nonfungible token collections for much of the past year.

Hong Kong securities regulator issues in-principle approval to HKVAX

The announcement comes after Hong Kong debuted crypto retail trading with exchanges HashKey and OSL.

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs.

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Grails by PROOF Season IV

Collecting art is historically not just about the art itself but who the artist is and the story behind the piece. The emergence of NFTs as a way to attribute provenance to digital objects has seen an explosion of interest in the past few years, even if that’s currently seeing something of a lull.

The work of artists like Alotta Money, Josie Bellini, Trevor Jones, Coldie, Snowfro, Beeple, and collections such as Fidenzas and Ringers, show that digital art is here to stay, even as many pockets of the NFT space are reportedly down 95% from all-time highs.

But with the artists playing such an important role in the market, it’s been intriguing to see Grails by PROOF flip this paradigm on its head by abstracting away who the artist is. A gamification mechanic reveals between 20–25 pieces of art to 1,000 whitelisted collectors prior to a minting window — but the catch is no one knows who the artists are behind each respective piece.

This creates a special dynamic that introduces a different type of speculation about who the artist could be behind each work. Some collectors mint a piece they like purely based on their assessment of the art itself, while others take a punt on their ability to guess who the artist might be behind.

Protoglyph by Larva Labs from Season 1 Grails. (OpenSea)

Grails was the brainchild of PROOF co-founder Kevin Rose, with the inaugural season launched in February 2022 and the first-ever reveal on March 6, 2022. Eli Scheinman, head of art at PROOF, explains the concept aims:

Protoglyph

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Grails by PROOF Season IV

Collecting art is historically not just about the art itself but who the artist is and the story behind the piece. The emergence of NFTs as a way to attribute provenance to digital objects has seen an explosion of interest in the past few years, even if that’s currently seeing something of a lull.

The work of artists like Alotta Money, Josie Bellini, Trevor Jones, Coldie, Snowfro, Beeple, and collections such as Fidenzas and Ringers, show that digital art is here to stay, even as many pockets of the NFT space are reportedly down 95% from all-time highs.

But with the artists playing such an important role in the market, it’s been intriguing to see Grails by PROOF flip this paradigm on its head by abstracting away who the artist is. A gamification mechanic reveals between 20–25 pieces of art to 1,000 whitelisted collectors prior to a minting window — but the catch is no one knows who the artists are behind each respective piece.

This creates a special dynamic that introduces a different type of speculation about who the artist could be behind each work. Some collectors mint a piece they like purely based on their assessment of the art itself, while others take a punt on their ability to guess who the artist might be behind.

Protoglyph by Larva Labs from Season 1 Grails. (OpenSea)

Grails was the brainchild of PROOF co-founder Kevin Rose, with the inaugural season launched in February 2022 and the first-ever reveal on March 6, 2022. Eli Scheinman, head of art at PROOF, explains the concept aims:

Protoglyph

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs.

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs.

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Pudgy Penguins CEO reveals why PFT holders aren’t doomed, Grails offers a blind tasting to buy famous NFT artists, and free Amazon Prime NFTs.

Grails’ lucky dip of famous NFT artists, new hope for PFP holders: NFT Collector

Grails by PROOF Season IV

Collecting art is historically not just about the art itself but who the artist is and the story behind the piece. The emergence of NFTs as a way to attribute provenance to digital objects has seen an explosion of interest in the past few years, even if that’s currently seeing something of a lull.

The work of artists like Alotta Money, Josie Bellini, Trevor Jones, Coldie, Snowfro, Beeple, and collections such as Fidenzas and Ringers, show that digital art is here to stay, even as many pockets of the NFT space are reportedly down 95% from all-time highs.

But with the artists playing such an important role in the market, it’s been intriguing to see Grails by PROOF flip this paradigm on its head by abstracting away who the artist is. A gamification mechanic reveals between 20–25 pieces of art to 1,000 whitelisted collectors prior to a minting window — but the catch is no one knows who the artists are behind each respective piece.

This creates a special dynamic that introduces a different type of speculation about who the artist could be behind each work. Some collectors mint a piece they like purely based on their assessment of the art itself, while others take a punt on their ability to guess who the artist might be behind.

Protoglyph by Larva Labs from Season 1 Grails. (OpenSea)

Grails was the brainchild of PROOF co-founder Kevin Rose, with the inaugural season launched in February 2022 and the first-ever reveal on March 6, 2022. Eli Scheinman, head of art at PROOF, explains the concept aims:

Protoglyph

Binance applies for Taiwan AML compliance: Report

The world's leading crypto exchange by trading volume has reportedly applied to register in Taiwan under the new AML compliance.

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