Nifty News: Louis Vuitton and Johnnie Walker dabble in Web3
Other notable NFT news this week includes Larva Labs deleting all of its Tweets and Elon Musk briefly changing his Twitter PFP to Bored Ape Yacht Club collage.
BlockDown Festival: Croatia All Set for Epic Web3 Celebration
The festival, which takes place from May 11 – 13, will explore the intersection of Web3 culture and tech, including NFTs, DAOs, music, arts, gaming, and sports. BeInCrypto readers can…
Crypto Mom To The Rescue? Hester Peirce Snubs SEC Plan For Increased Crypto Enforcement
U.S. Securities and Exchange Commission (SEC) member Hester Peirce — nicknamed “Crypto Mom” for her pro-crypto stances — voiced her opposition to recent decisions by the SEC. What Happened: As…
Dogecoin Narrowly Escapes The Dog House, Charges Toward A Trend Change
Dogecoin (CRYPTO: DOGE) popped up over 4% higher on Wednesday, in tandem with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were trading over 5% and 6% higher, respectively. The…
What’s Going On With Facebook (Meta Platforms) Shares Today?
Shares of several companies in the streaming, social media and gaming sectors, including Meta Platforms Inc (NASDAQ: FB), are trading higher amid overall market strength after the Federal Reserve announced…
Why Bitcoin- And Ethereum-Related Stocks Are Rising
Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading higher Wednesday amid a spike in crypto prices,…
The Federal Reserve (FED) Has Raised Interest Rates by 0.5%, Its Biggest Hike Since 2000
The Federal Reserve (FED) wields its latest weapon to beat the highest rate of inflation the country has ever witnessed in 40 years. The FED made the highest hike ever…
What’s Going On With Tesla Shares Today?
Tesla Inc (NASDAQ: TSLA) shares are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points. The Federal…
MicroStrategy’s Revenue Plummets Amid Bitcoin’s Weak Performance
MicroStrategy Inc., the largest public holder of Bitcoin, recorded a decline in revenue in Q1 2022 largely on the back of crypto market weakness. MicroStrategy recorded $170.1 million in Bitcoin…
Coinbase’s plans to purchase firm behind Mercado Bitcoin fall through: Report
The crypto exchange previously announced the acquisition of blockchain infrastructure platform Bison Trails as well as the Routefire platform.