Collings NFT

A web3 agency assisting brands navigate the world of digital collectibles.

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U.S. tech firms vie for shrinking energy assets held by BTC miners who secure their share of the electricity supply for their AI and cloud computing data centers.

#instaenergy #btc #techfirm #energyassets #btcminer

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It's definitely a first in British history. Digital assets such as crypto and NFTs will now be considered as personal property by UK law.

#instahistory #digitalasset #nfts #crypto #law #britishhistory

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Now that's overwhelming!

#Microstrategy #Blackrock #BTC

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Spearheaded by Trump’s sons, Eric Trump, Donald Trump Jr, and 18-year-old Barron Trump, the DeFi project will be built on AAVE and Ethereum. It is built to facilitate decentralised borrowing and lending.

#trump #defi #ethereum

[Collings NFT @collingsnft]

Over 65% of all Bitcoin in circulation has remained unmoved for over a year, highlighting a major trend of long-term holding. This suggests strong investor confidence in Bitcoin's future potential and stability as a store of value, despite market volatility.
#longterm #bitcoin

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On Aug. 21, crypto scammers were able to get over $700k in Solana after using McDonald’s Instagram page to promote and rug a memecoin called "Grimace." The coin was described as a “McDonald’s experiment on Solana,” which was exposed to the fast food titan's 5.1m followers.

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Blockchain analytics platform Arkham Intelligence reported that the Salvadoran government has added 162 Bitcoin to the country’s holdings, amounting to 5,851 BTC or $356.4M.

#bitcoin #btc #blockchainanalytics #blockchain

[Collings NFT @collingsnft]

As the U.S. struggles with the stagnation on crypto regulation, the Brazilian Securities and Exchange Commission raised the go signal for its 2nd Solana ETF which is being offered by Hashdex. The news comes just 2 weeks after the investment vehicle was greenlit.
#solana #crypto

[Collings NFT @collingsnft]

While there is a 12% drop in BTC's price during Q2, institutional investors are actively looking into BTC ETFs. Bitwise reported a 14% surge in institutional holders, a climb from 965 to 1,100 in the previous quarter. Said institutions are now managing over $11B in BTC ETFs.

[Collings NFT @collingsnft]

Institutional interest in Bitcoin ETFs surged in Q2 2024, with 1,008 institutions now holding them, up from 874 in Q1. Despite sluggish price action and fading retail interest, institutions are doubling down, reflecting growing confidence in Bitcoin's long-term potential.

[Collings NFT @collingsnft]

Dubai's Court of First Instance has recognized cryptocurrency payments for salaries under employment contracts. The ruling, based on UAE law, highlights the importance of clear contracts, as long as they comply with public policy and legal standards.

#cryptocurrencypayment

[Collings NFT @collingsnft]

Apple announced Tap to Pay on iPhone, allowing merchants across the US to accept Apple Pay, contactless cards, and digital wallets with a simple tap, without extra hardware. Stripe will be the first platform to integrate this feature, with others to follow later this year.

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Former President Trump owns over $1M in cryptocurrency and made $300K selling branded Bibles, according to a financial disclosure. The "Greenwood Bible," priced at $59.99, features a handwritten chorus to "God Bless the U.S.A." A limited edition signed copy sells for $1,000.

[Collings NFT @collingsnft]

Immutable’s marketplace ceased operations on August 13, preferring to support rather than compete with other marketplaces. The company assures users that NFT assets remain on the blockchain, tied to wallet addresses, and will stay with them across any marketplace or game.

#nft

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Russian President Putin has signed a law legalizing cryptocurrency mining, according to TASS. The law recognises mining as an economic activity, not currency creation. Registered businesses and entrepreneurs can mine, while unregistered individuals can mine within set energy

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According to reports, Pavel Durov was arrested at an airport near Paris. With Telegram's lack of moderation, authorities claim Durov has been instrumental to cyberbullying, drug trafficking, fraud, organised crime and terrorism. France's OFMIN issued the arrest warrant.

[Collings NFT @collingsnft]

From August 5 to 9, 2024, U.S. Ethereum ETFs saw mixed investor activity. Grayscale's ETHE experienced a significant net outflow of -95,221 ETH, lowering its holdings to 1,934,652 ETH. This suggests a shift in investor sentiment or strategic portfolio changes during the week.

[Collings NFT @collingsnft]

Elon Musk’s social media platform X has suspended "makenowmeme," an account with 15K followers that let users create memecoins with a single post, for violating its rules. On Aug. 2, users discovered the suspension. The account's owners are now trying to restore it

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Did we miss anyone?

#crypto #list #evangelist

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According to a report by the South China Morning Post, Futu Securities is the first online brokerage to directly offer cryptocurrency trading to retail investors in Hong Kong. The platform launched for trading on July 23.

#southchina #cryptocurrencytrading #cryptocurrency