Pudgy Penguins Sued By Original Penguin Brand Owner Over Trademark Use
The owner of the Original Penguin apparel brand filed a lawsuit Wednesday against the Pudgy Penguins NFT brand for alleged trademark infringement. ‘Unauthorised’ Penguin Usage? Perry Ellis International argued that Pudgy Penguins continued to produce retail goods even after receiving a cease-and-desist order in October 2023, The Block reported, citing a federal court...
Read More
Will Bitcoin price drop below $70K as $2.2B BTC options expiry looms?
Bitcoin price fell to near $70,000 on Friday following a sharp rebound the previous day. A looming BTC options expiry event is now keeping investors on edge as the market anticipates potential volatility. According to data from crypto.news, Bitcoin (BTC)…...
Read More
US Watchdogs Submit Crypto, Prediction Markets Rule Plans For White House Review
The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have submitted rule proposals to the White House to oversee the crypto industry and prediction markets, advancing their efforts to provide clarity and regulate emerging markets. SEC Advances Crypto Taxonomy Plans This week, Wall Street’s main...
Read More
Cardano price prediction as ADA accepted at 137 Spar stores in Switzerland
Cardano’s native token ADA is drawing renewed attention after the Cardano Foundation announced that the cryptocurrency can now be used for payments at Spar supermarkets across Switzerland, marking a real-world adoption milestone for the blockchain network. According to the foundation,…...
Read More
Culper Research shorts Ether, warns of Ethereum ‘death spiral’
Short-selling firm Culper Research says it has taken a bearish position against Ethereum’s native token and companies closely tied to it, arguing that the blockchain’s economic model is deteriorating following recent network changes. Short seller Culper targets Ethereum and BitMine…...
Read More
Vancouver’s Bitcoin ambitions face setback as staff urge council to drop plan
City officials in Vancouver are recommending that councillors abandon a proposal to integrate Bitcoin into municipal financial strategy, dealing a potential blow to a high-profile initiative championed by Mayor Ken Sim. Vancouver staff throw cold water on the mayor’s Bitcoin…...
Read More
Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows
Rising oil prices and macroeconomic pressures could prolong crypto market volatility, challenging investors to navigate heightened uncertainty. The post Oil jitters and macro headwinds weigh on crypto markets as fear index hits extreme lows appeared first on Crypto Briefing....
Read More
OpenAI just turned ChatGPT into your spreadsheet co-pilot
OpenAI’s ChatGPT integration with spreadsheets enhances productivity, challenging specialized financial tools and reshaping data management. The post OpenAI just turned ChatGPT into your spreadsheet co-pilot appeared first on Crypto Briefing....
Read More
Bitcoin exchange reserves just hit a level not seen since the Trump midterms
Bitcoin’s declining exchange reserves suggest a bullish trend, but reduced liquidity could lead to significant price volatility. The post Bitcoin exchange reserves just hit a level not seen since the Trump midterms appeared first on Crypto Briefing....
Read More
Bitcoin Bears Lose The Lead: Negative Funding Is The Only Thing Stopping A Structural Breakout
Bitcoin is showing renewed strength after reclaiming the $70,000 level, a move that has helped stabilize sentiment following weeks of heightened volatility and uncertain market direction. The recovery comes as several structural indicators begin to shift in favor of a more constructive market environment, suggesting that the recent correction...
Read More