Author: Kryptonews

12 Gemini, the cryptocurrency exchange founded by the billionaire Winklevoss twins, has announced it will shutter Nifty Gateway — the non-fungible token (NFT) platform it acquired in 2019 — effective February 23, 2026. The move marks the end of an era for one of the industry’s earliest pioneers in the NFT space, as the broader market continues to grapple with a significant downturn and shifting investor sentiment. The announcement, posted to X (formerly Twitter) on January 24, capped the platform’s four-year journey in the NFT space. Since its launch in 2020, Nifty Gateway sought to “revolutionize digital art” by providing…

Bitcoin (BTC) saw multiday lows into Sunday’s weekly close as bulls faced a week of macro uncertainty.Key points:Bitcoin heads lower as market nerves about upcoming macroeconomic volatility catalysts boil over.Downside risks firmly outweigh the odds of upside, BTC price analysis says.A potential bullish divergence against silver offers a glimmer of hope.Bitcoin sags into big macro weekData from TradingView tracked 1.6% losses for BTC/USD, which reached $87,471 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewLong positions made up the majority of 24-hour crypto liquidations, which passed $250 million, per data from CoinGlass. Crypto liquidations (screenshot). Source: CoinGlassTrading resource The Kobeissi Letter attributed…

Bhutan is taking another quiet but important step into blockchain technology. The Himalayan kingdom plans to begin operating its own validator on the Sei Network in the first quarter of the year. The move adds to Bhutan’s growing list of blockchain projects. This time, the country will help run and secure a public blockchain rather than just build apps on top of one. The Sei validator will be launched through a partnership between the Sei Development Foundation and Druk Holding and Investments, Bhutan’s state-owned investment arm. LATEST: 🇧🇹 Bhutan’s sovereign wealth fund will deploy and operate a Sei validator through…

The art dealer Marian Goodman, who was revered for her enduring commitment to the artists that she represented, and for her disinclination to follow either aesthetic or business trends, died on Thursday in a hospital in Los Angeles. She was 97. The New York Times, which first reported news of her death on Sunday, did not report a cause. In 1977, at the age of 49, Goodman opened her eponymous gallery in Midtown Manhattan with a show of the late Belgian artist and poet Marcel Broodthaers, whose conceptually rigorous work was indicative of her venturesome taste. Over the proceeding five…

There is a buying frenzy in the gold market that has propelled the price of the precious metal by more than 80% over the last 12 months, making it one of the best-performing assets. However, investors aren’t paying attention to a hidden threat that is forming beneath the surface, according to Björn Schmidtke, CEO of the Tether gold-treasury firm Aurelion (AURE). The easiest way for someone to buy gold is to purchase what Schmidtke calls ‘paper gold’ or stocks of a gold exchange-traded fund. When buying such stocks, what investors think is that they have bought the physical gold bar,…

Tezos, a layer-1 proof-of-stake blockchain network, implemented its latest protocol upgrade, Tallinn, on Saturday, which reduced block times on the base layer to 6 seconds. The latest upgrade is the 20th update to the protocol, which reduces block times, slashes storage costs and reduces latency, resulting in faster network finality times, according to an announcement from Tezos.Tallinn also allows all network validators, known as “bakers”, to attest to every single block, rather than a subset of validators attesting to blocks, which is how validators verified blocks in previous versions of the protocol, Spokespeople for Tezos explained:“This is achieved through the…

If U.S. laws finally define how federal regulators can touch digital assets, cryptocurrencies will be easier to manage, keep track of and transact in, and more investors will probably get involved, potentially increasing the worth of each token. But a lot has to happen before that’s true, and the work to get laws through Congress is at a messy crossroads.Crypto enthusiasts have long seen themselves as cutting-edge investors, eager to challenge the system and pursue a stake in something outside the mainstream. But what lawmakers are working on now is meant to put crypto very much into the establishment. The…

Let’s say an investor has a house in Switzerland and a beach house in Miami. They’re worth, perhaps, $10 million. But what they are really looking for right now is a line of credit for some time on the slopes at St. Moritz, a trip to the Cannes film festival and a few upgrades to the yacht.In traditional finance, they might be able to approach their bank and use those assets to secure a flexible, short-term loan. However, if a substantial part of the investor’s assets is in crypto, it’s likely much harder.And it seems there are a large number…

Investing in crypto assets like ether, the native token of the Ethereum network, once followed a simple path: traders bought coins on platforms like Coinbase or Robinhood, or stored them in self-custody wallets such as MetaMask, and held them directly.Then came staking, or pledging a certain amount of cryptocurrencies to a network to validate transactions and earn rewards. This was seen as a way for investors to generate passive income while holding the tokens through crypto exchanges in anticipation of price appreciation.However, as crypto has moved closer to mainstream finance, new products such as exchange-traded funds (ETFs) that track spot…

Technical analysts are currently monitoring the price movement of Solana (SOL) as there are many close ties to other cryptocurrencies. In addition, they have identified technical levels which could help predict the direction that Solana’s price may take over the next several weeks after previously trending higher. A recent analysis from renowned market analyst Ali Martinez highlights that, despite facing downward pressure, a safety net could be emerging at a well-known level of continuity, both in psychological and technical terms. Identifying the $119 Support Floor Solana is currently trading within a range-bound environment with well-defined horizontal boundaries. The main thing…