Quick Look
Ban on Crypto Mining in Residential Areas Proposed in Russia
Advisors to the Kremlin have suggested that home crypto mining should be banned in Russia, or in some of its regions. The stated motive...
5 reasons why the Aptos (APT) rally could still have wings
Aptos’ APT reached a new all-time high of $20.39 after posting gains exceeding 400% since the start of 2023. While the rally could just be...
Total crypto market cap rises above $1T, and data suggests more upside is in store
Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on...
Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go
The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports...
US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation
The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto...
Price analysis 1/27: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign, as it shows that...
Hackers takeover Azuki’s Twitter account, steal over $750K in less than 30 minutes
Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27 leading to hackers stealing over $750,000...
SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that...
Here’s how the World Economic Forum leaps into the metaverse — Davos 2023
Web3 and the metaverse were handed a seat at the table of the World Economic Forum (WEF) in 2023 as the ecosystem continues to drive...
Fed denies Custodia Bank application to join the Federal Reserve System
The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its...
Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment...
Litecoin ‘head fake’ rally? LTC price technicals hint at 65% crash
Litecoin (LTC) has rebounded by 130% to almost $100 after bottoming out near $40.50 in June 2022. The primary reasons include broadly...
TradFi and DeFi come together at Davos 2023: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Global Digital Cluster Coin (GDCC) Is Now Available on LBank Exchange
PRESS RELEASE. LBank Exchange, a global digital asset trading platform, has listed Global Digital Cluster Coin (GDCC) on January 27, 2023....
California DMV Is Putting Its Titles on the Blockchain
The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The...
Hive Ransomware Network Dismantled by American, European Law Enforcement
Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the...
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried,...
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast
Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says. In a...
“We’re on the Right Highway” How Metaspins Crypto Casino Is Growing Rapidly Weeks After Its Launch
PRESS RELEASE. Three months since announcing its launch, Metaspins.com is rapidly flying into the crypto space. The new crypto casino...
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days,...
Creating self-sovereignty in the creator economy and Web3 — Is there room for both?
On this week’s episode of NFT Steez, hosts Alyssa Exposito and Ray Salmond meet with Web3 content writer Julie Plavnik to discuss the...
Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains
Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment...
UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear...
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining...
US institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport
Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of...
What is an ascending triangle pattern and how to trade it?
Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart...
FTX lawyers to reap millions from the bankruptcy case: Report
According to a new report, the controversial law firm Sullivan & Cromwell is on track to reap a fortune from its work on the FTX...
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Data
Bitcoin consolidated on Friday, as traders prepared for the release of the upcoming consumer sentiment figures from the United States....
How to Give Bitcoin or Another Cryptocurrency as a Gift Using BitCard
PRESS RELEASE. As Bitcoin and crypto grows in its appeal and global use by individuals, businesses and merchants from all places and...
Crypto price predictions: Solana, Theta Network, HOOK
Solana price has formed a triple-top pattern and a head and shoulders. Theta Network has moved above the cup and handle pattern. Hooked...
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and...
Argo Blockchain accused of misleading investors in class action lawsuit
Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit accusing the miner of making untrue statements and...
FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner
While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including...
US securities regulator probes Wall Street over crypto custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be...
Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for...
Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round
PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was...
Here’s why Bitcoin price could correct after the US government resolves the debt limit impasse
For much of 2022, the crypto market focused on the U.S. Federal Reserve’s actions. The central bank created a bearish environment...
Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough
Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth...
UK’s FCA hints at why its given only 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary...
Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows
A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market...
Arizona Senator Launches Bill to Make Bitcoin Legal Tender
A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender....
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has...
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap...
NBA Extends Partnership With Meta to Bring Basketball Games to the Metaverse
The NBA has extended its current partnership with Meta to broadcast its games to the metaverse. The company announced that 52 games of the...
Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack
According to a new post on Jan. 26, Marc Zeller, integrations lead at decentralized finance (DeFi) lending protocol Aave, stated that the...
After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration
On a few occasions last year, crypto advocates discussed how a number of price models, leveraged to help predict the future value of...
Porsche NFT trading volume nears $5M despite launch woes, minting halt
German luxury car manufacturer Porsche’s nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Stablecoins in the cryptocurrency market help provide USD pegged tokens within the volatile industry. In bull markets, the market...
ChatGPT premium rolls out at $42 a month, Google still catching up
"The crazy part? This will be a money printing machine for OpenAI," says an expert. by Baba Tamim Representational image: ChatGPT premium...
Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to...
FTX Publishes Creditor List, Owes Millions to Well-Known Institutions and Government Agencies
The now-defunct crypto exchange FTX has published its list of creditors, with the names unredacted. The comprehensive list, which is over...
Former Polygon VP of growth shares the secrets behind major partnerships
Ethereum scaling solution Polygon has witnessed a lot of adoption through partnerships with major brands like Starbucks and Adidas, which...
Biggest Movers: ADA Climbs to 11-Week High, as Crypto Markets React to US GDP Data
Cardano raced to an 11-week high on Thursday, as markets reacted to data showing that gross domestic product in the U.S. rose by 2.9%. The...
US Justice Department seizes website of prolific ransomware gang Hive
According to United States Federal Bureau of Investigation Director Christopher Wray on Jan. 26, international law enforcement groups have...
How to mine Bitcoin at home
Bitcoin mining (BTC) is the process of adding transactions to the Bitcoin blockchain, a decentralized public ledger of all Bitcoin...
ChatGPT learns Bitcoin will end central banking and fiat currency
ChatGPT is a powerful new artificial intelligence (AI) tool, capable of problem-solving, advanced coding, answering complicated questions...
Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023
The World Economic Forum (WEF) convenes in Davos annually, taking over the Swiss skiing town. The main promenade is flush with events and...
Bitcoin can still crack $50K if gold correlation continues — chart
Bitcoin (BTC) could get sucked toward $50,000 like a magnet if it continues to follow gold, fresh analysis predicts. In a Twitter update...
Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren
United States senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto...
Tesla’s Q4 Balance Sheet Shows Bitcoin Holdings Worth $184 Million
Tesla’s latest balance sheet shows the company’s bitcoin holdings worth $184 million. Tesla did not sell any digital assets...
‘Blockchain Bandit’ reawakens: $90M in stolen crypto seen shifting
A hacker dubbed the “Blockchain Bandit” has finally woken from a six-year slumber and has started to move their ill-gotten gains....
The legal dangers of getting involved with DAOs
Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in...
Gold to Lose Its Shine as Harry Dent Predicts Massive Crash; Bitcoin to Follow Suit With Low of $3,250
Gold has seen a significant increase in value in 2023, with spot prices rising from $1,823 per ounce to the current price of $1,937 per...
Porsche NFT price suddenly soars days after mint halt: here’s why
The first-ever Porsche (Cayman S) was sold for 300 BTC back in 2013. At press time, Porsche 911 NFT floor price was 2.59 ETH. Initially, a...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $23,000 Following Tesla Q4 Earnings Report
Bitcoin rallied back above $23,000 on Thursday, following the release of Tesla’s quarterly earnings report. The report showed that...
Where Are the Crypto OGs? — Taxation Is Theft, but Joe Biden Needs Ice Cream Money
Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and...
DXY vs. Bitcoin/USD – a lead-lag analysis
DXY peaked at +20% in early October 2022 BTC/USD bottomed at -75% in late 2023 Lead-lag analysis suggests BTC/USD might see another +4% to...
Audius price is up by 95% in 7 days: brace for a major pullback
Audius price has been in a strong bullish momentum this week. It is soaring after the latest listing in Coinbase. Historically, these...
Several Crypto Exchange Websites Taken Down in Kazakhstan
Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents,...
Bitcoin hash rate taps new milestone with miner hodling at 1-year low
Bitcoin (BTC) is seeing new records in network activity as volatility sends BTC price action to fresh five-month highs. Data from...
PAYB․IO Makes Shopping Easier for Cryptocurrency Holders and Significantly Saves Their Time
PRESS RELEASE. (London, United Kingdom) – The operator of cryptocurrency purchases on the e-commerce market, PAYB.IO improves and expands...
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict...
Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill
The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member...
Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading...
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project...
ViaBTC Capital and CoinEx Release the 2022 Crypto Annual Report: Review of Nine Sectors and Forecast of Crypto Trend in 2023
In January 2023, ViaBTC Capital and CoinEx jointly released the 2022 Crypto Annual Report to offer data analysis and insights into nine...
Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be...
Aptos (APT) hits new all-time high above $18 after 400% rally
Aptos price rose 44% to hit an all-time high of $18.50 on OKX. The Layer 1 blockchain launched in October last year, and its native token...
Film review: ‘Human B’ shows a personal journey with Bitcoin
The human side of Bitcoin (BTC) is seldom explored in legacy or mainstream crypto media outlets. Even within the Bitcoin space, Bitcoin is...
Twitter Users Spot Crypto Scam Tweet on Verified Robinhood Account, Company Removes Post
According to multiple sources, the Twitter account of Robinhood was allegedly hacked on Wednesday, Jan. 25, 2023. The account posted a...
Venture capital investments into blockchain continue to free-fall: Report
Cointelegraph Research has analyzed all the deals and trends from venture capital in the blockchain industry during the fourth quarter of...
South Korean prosecutors request arrest warrant for Bithumb owner: Report
According to local news outlet Infomax, South Korean prosecutors requested an arrest warrant on Jan. 25 for Kang Jong-Hyun, chairman and...
Bitcoin due for shake-up vs. gold, stocks as BTC price dips under $22.5K
Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step. BTC/USD 1-hour candle chart (Bitstamp)....
$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?
Bitcoin investors’ sentiment improved after signals pointing to lower inflationary pressure suggested that the U.S. Federal Reserve...
Price analysis 1/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin (BTC) has been consolidating near $23,000 for the past few days. The next big question troubling investors is whether the rally is...
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms,...
Biggest Movers: DOGE Drops to 5-Day Low on Wednesday
Dogecoin slipped to a five-day low on Wednesday, as the meme coin fell for a second straight session. The move saw prices drop by over 5%,...
Ripple, Binance impersonators target XRP holders via fake staking program
The cryptocurrency community has raised flags about a new scam scheme targeting XRP (XRP) investors through a fake staking program. Online...