Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.
ArkotNews
Sotheby's Relaunches Glitch Digital Art Sale After Representation Backlash
The "Glitch: Beyond Binary" art sale is a reboot of last month's "Glitch-ism" auction and features a more diverse roster of artists.
PancakeSwap Leaders Propose Cutting CAKE Token Inflation Target to 3%-5%
“We believe it is time to take this model to the next level and supercharge CAKE towards a deflationary model based on real yield and CAKE burn,†a blog post said.
Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reforms, clearer accounting standards and a DAO law.
Hidden Inside MacOS, the Bitcoin White Paper
Satoshi’s vision exists in every version of MacOS from Mojave to Ventura, but is not in the older High Sierra (10.13) or earlier.
Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says
The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the European Union's upcoming MiCA crypto regulation.
From Nakamigos to Magamigos: The Tricky Relationship Between the Meme Economy and NFTs
Speculative NFT project Nakamigos has recently broken into the NFT spotlight, spawning copycat projects such as Magamigos and Nakamigas that capitalize on the trend. But while meme projects may offer short-term gains, they rarely offer long-term value and ought be scrutinized.
Bitcoin Breaks Above $30K for First Time Since June 2022
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.
Bitcoin Price Ticker Goes Live on China’s Douyin App
Beijing allowing bitcoin's price to be displayed on one of the country's largest social network platforms shows a growing acceptance of the asset class within the country.