Cointelegraph

⁠You shall not pass: Tolkien estate blocks ‘The Lord of the Rings’ JRR Token The time of the JRR Token has come, but it wasn’t able to defeat the Tolkien Estate in a ruling that has forced the project to shut down and ce…

⁠Commonwealth Bank of Australia recognizes risks in missing out on crypto “We see risks in participating, but we see bigger risks in not participating,” said CBA CEO Matt Comyn on the bank’s recent crypto adoption play.

⁠Texan Bitcoin mining power demands could jump 5 times by 2023 While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the l…

⁠Long-term Bitcoin holders at multi-year high: Glassnode The analytics provider reported that long-term BTC holders are reducing their spending, and adding to positions.

⁠Proposed tightening of Australian crypto regulations could stifle competition: Kraken Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibran…

⁠NFT music marketplace Royal raises $55M in Series A round Main investors include VC giant Andreessen Horowitz, in addition to musical artists The Chainsmokers, Nas, and Disclosure.

⁠Citi Group appoints head of digital assets in crypto hiring spree The new head of digital assets at Citi’s institutional branch will focus on pursuing connections and investments with clients, startups, and regulators.

Are Ethereum prices going to be even more expensive? CEO of the Fantom Foundation Michael Kong tells us what's going to happen with gas prices.

⁠Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K BTC price dropped below $56,000 again, leading analysts to discuss various bull and bear scenarios for Bitcoin’s short term price action.

⁠Sotheby’s Metaverse announces latest and largest NFT charity auction Proceeds will go towards Sostento, a nonprofit that supports frontline public health workers.

⁠This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger.

⁠Rams player Odell Beckham Jr. will accept NFL salary in Bitcoin Reports suggest the Los Angeles Rams player’s total salary for the 2021 season would be worth roughly 75.66 BTC at an average price of $56,103.

⁠Total crypto market cap drops by 6.7%, but futures data finds a silver lining Metaverse, gaming and incentive-offering DeFi tokens pumped last week even as Bitcoin and the total crypto market capitalization dropped. Her…

⁠Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB Bitcoin and most major altcoins have turned down from their respective overhead resistance levels, indicating that the short-term sentiment has t…

⁠WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders The publication contains 8 separate white papers exploring topics including the impact of lawmakers regulating stablecoins…

⁠Institutional managers bought the dip as crypto funds see $154M in weekly inflows Bullish sentiment surrounding crypto has not wavered despite the recent market correction that saw Bitcoin fall to sub-$57,000 levels.

⁠Gaming crypto GALA rallies nearly 350% in November — Correction ahead? The incredible price rally appeared in line with a bull run across gaming and metaverse tokens.

⁠Law Decoded: Constitutions of the future will be ratified by DAOs, Nov. 15–22 An online initiative to secure a rare copy of the U.S. Constitution shows the power of Web 3.0 collective action.

⁠Status check: Ethereum in full deflation mode as Eth2 merge gets closer Focus is now “exclusively on The Merge,” says Ethereum community manager as the deadline for the next stage of the transition to Eth2 grows closer.

⁠Crypto startup MoonPay raises $555M to hit $3.4B valuation Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so far.

⁠President Biden picks Jerome Powell to be next Fed chair During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was unlikely to support a blanket ban on crypto.

⁠Southeast Asian financial institutions turn to the Ethereum blockchain Is Ethereum the blockchain of choice for financial institutions in Southeast Asia, or will companies seek alternatives due to limitations?

⁠Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open Sunday's losses are erased in an instant in a classic move which nonetheless keeps Bitcoin price action below $60,000.

⁠Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager “The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital.

⁠Invesco exec reveals reasons for dropping Bitcoin futures ETF Invesco withdrew its Bitcoin Strategy ETF due to the inability to offer exposure to a mix of futures swaps and spot Bitcoin.

⁠US Navy to pilot blockchain-based project to improve medical supply lines Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real time.

⁠Ethereum 'huge Cup & Handle pattern' reaffirms $6.5K ETH price target The bullish outlook appears as the ETH price decline stalls near its old Cup and Handle resistance level, now acting as support and thus raising the…