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🚀 $100,000 BTC or 100,000 BTC? 💰
It's going to be a good day, Geckos!
Another fine art institution boards the crypto train! British art icon Damien Hirst has announced that he will be accepting BTC and ETH for his latest print drop. The collection consists of eight pieces of prints by Hirst where each print is priced at $3,000 (0.058 BTC/1.8 ETH) and is individually signed by Hirst. Hirst – whose work has been displayed in the Museum of Modern Art (MoMA), expressed his decision to accept digital currencies as an act of faith in the ecosystem. His admiration goes, 'it's hard for any of us to trust anything in this life but somehow we manage it… I love art and I love the crypto world'. All we can say is… we love it too! In today's news, musician Grimes' NFTs generates millions upon debut, MicroStrategy tops up its Bitcoin stash and Cardano becomes a multi-asset blockchain with the launch of its hard fork. Read on! | | |
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| | eToro gives you everything you need to trade the world's top crypto with ease. Trusted globally by over 13M, our user-friendly platform provides investors of all experience levels with a powerful suite of features and analytics — including a free virtual portfolio so you can practice trading before spending a single dollar.
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This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | Grimes' NFT Drop Musician and visual artist (and girlfriend to billionaire Elon Musk) Grimes capitalises on her artistic skills to join in on the cryptoverse, with her recent debut NFT collection 'WarNymph' raising $5.8 million in less than 20 minutes. The collection consists of elements derived from mythology and futurism, creating what Grimes labels the 'Oth3rkin universe', where WarNymph is a part that represents the 'Goddess of Neo-Genesis'. The entire Musk family is now involved in crypto, which includes Elon purchasing Dogecoin (DOGE) for his 9-month-old son so that he would be a 'Toddler Hodler'. Cointelegraph | | Stacking The Sats Our favourite whale and business intelligence firm MicroStrategy has bought another 328 BTC worth $15 million at an average price of $45,710. A calculated BTFD move, MicroStrategy now owns 90,859 Bitcoin that is worth about $4.3 billion, signifying a 96% gain since the firm paid $2.186 billion for its stacks of BTC. The firm is now 9,141 BTC shy of reaching a total of 100,000 BTC, and MicroStrategy is nowhere near to stopping, as they will 'continue to pursue [their] strategy of acquiring bitcoin with excess cash'. Decrypt | | Cardano Launches Its Hard Fork The newly launched Mary protocol will allow users to create new tokens that run on Cardano (ADA), making it a multi-asset blockchain, similar to Ethereum. This means that, for the first time, users will be able to create their own unique tokens, including NFTs and transact directly with these on the Cardano. Users can transact with tokens without the need for smart contracts, meaning that sending a token on Cardano will be less expensive than sending its native token ADA. CoinDesk |
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| | | | Circulating supplyCirculating supply can be defined as the supply that is currently in the hands of the general public. In the case of fairly mined proof-of-work systems (eg. Bitcoin), the total supply is approximately equivalent to the circulating supply, as there are no token generation events which puts large amounts of tokens in the hands of a select few. On the contrary, initial coin offering (ICO) which have token generation events typically have a lower circulating supply vs. the total supply, such that: Circulating supply = Total Supply - Team tokens - Foundation tokens - Locked tokens Learn about other Crypto terms here | | | |
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