Quick Look
Pi Coin price is soaring in Huobi: What could go wrong?
Pi Network is one of the biggest blockchains in the world. Huobi listed Pi/USDT, a coin that has been disowned by Pi Network. Huobi, the...
Lido price momentum accelerates; gets extremely overbought
Lido DAO price has been in a strong bullish trend in the past few days. It has become the biggest DeFi protocol in the world. It has a...
Charles Hoskinson’s new hospital will accept Cardano for payments: ADA soars by 15%
Cardano will be accepted at Charles Hoskinson’s new hospital. ADA is the best performer amongst the top 10 cryptocurrencies by...
Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin
Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its...
Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange
Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was...
Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech
Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3...
Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government
An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal...
SBF Fights for Robinhood Shares — Says He Needs Them More Than FTX Customers Who Only Suffer ‘Possibility of Economic Loss’
Disgraced FTX founder Sam Bankman-Fried (SBF) is attempting to regain access to his Robinhood shares, worth over $460 million. The former...
Bitcoin, Sango Coin and the Central African Republic
In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin (BTC) as a legal tender. As...
Report: Nigeria to Stop Cash Withdrawals From Government Accounts
From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the...
New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases
The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous...
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance,...
Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal
Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over...
Robert Kiyosaki: SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review
2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the...
Mexican CBDC Unlikely to Be Ready by 2024
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the...
Decentraland’s MANA defies gravity to jump 20% but will buyers be relentless?
Decentraland’s MANA has surged by over 20% in the week Most gains came when the metaverse platform announced an open-cross...
Buying Bitcoin now? What this could mean
Bitcoin endured a bear market for the whole of 2022 Macro-economic factors have been responsible The bearish market could continue as...
Shiba Inu’s whale buying intensifies but does price action show it?
Shiba Inu is among the most purchased cryptocurrencies by Ethereum whales The price action is still bearish despite a Shibarium update...
Romania Carries Out Raids as Part of Crypto Tax Evasion Probe
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations....
Polygon’s MATIC jumps 3% on Mastercard partnership. Is it now bullish?
Polygon’s MATIC rose more than 3% after its partnership with Mastercard for Web3 The network had a range of Web3 partnerships in...
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to...
DOJ Asks Victims of Sam Bankman-Fried’s Fraud to Come Forward
The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former...
Billionaire Mark Cuban Warns of Next Crypto Implosion Coming From Wash Trades
Mark Cuban, a Shark Tank star and the owner of the NBA team Dallas Mavericks, has warned that the next crypto implosion could come from...
Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on ‘Greater Fool Theory’ to Be a Desirable Investment
Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a...
Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now
The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that...
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story,...
SBF pleads not guilty, crypto layoffs, and bank run on Silvergate: Hodler’s Digest, Jan. 1-7
Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam Bankman-Fried (has...
Bitcoin price nears 3-week high as trader says sub-7% CPI may see $19K
Bitcoin (BTC) traded nearer $17,000 on Jan. 7 after the end of the year’s first trading week delivered a spike higher. BTC/USD 1-day...
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last...
Report: Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report...
Bitcoin Hashrate Reaches All-Time High, Boost Could Lead to Record-Setting Difficulty Increase
During the first week of the new year, Bitcoin’s hashrate reached an all-time high (ATH) on Jan. 6, 2023, at block height 770,709....
Biggest Movers: ETC Surges 14% to Hit 6-Week High on Saturday
Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Surge to Start the Weekend, Following Friday’s Payrolls
Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data....
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint...
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently...
Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023
Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help...
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of...
SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns
The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme....
Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
The United States December nonfarm payrolls report showed a growth of 223,000 jobs, above the market’s expectation of an increase of...
El Salvador’s Bitcoin strategy evolved with the bear market in 2022
Cryptocurrency adoption has been on the rise in El Salvador in recent years, with the country becoming the first in the world to adopt...
Macroeconomic data points toward intensifying pain for crypto investors in 2023
Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there...
IRS Official: Crypto Is Here to Stay and ‘Becoming More Legitimate’
A top Internal Revenue Service (IRS) official says, “Cryptocurrency is here to stay,” and “it’s becoming more...
Chinese Researchers Claim Success in Breaking RSA Encryption With Quantum Computer, Experts Debate Veracity of Discovery
According to reports circulating on the web, 24 Chinese researchers have reportedly succeeded in breaking RSA encryption using a quantum...
December DeFi exploits were the lowest in 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Report: Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40%
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop in...
Ethereum Classic breaks above descending trendline but exercise caution
Ethereum Classic is up 18% in the week The network has witnessed an increased hash rate Ethereum Classic still faces bear pressure at $19...
BNB prediction as price maintains a recovery
Binance coin has been bearish since the FTX collapse The cryptocurrency trades on an upside at $255 BNB faces resistance at...
Near Protocol adds 20% in a week. What price action says about the token
Near token has recovered by almost 20% in a week The cryptocurrency saw increased volumes at the $1.25 bottom after a disastrous 2022 NEAR...
BTC price forms new support at $16.8K as Bitcoin lures ‘mega whales’
Bitcoin (BTC) could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on...
Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how
The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH)...
Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine
The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However,...
MEXC 2022 Recap: Futures Business Grows by 1200% and Exceeds 10 Million Users
Recently, the cryptocurrency trading platform MEXC released two retrospective articles: Major Events in Cryptocurrency Market...
Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
Cathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX)...
BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration
After the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto...
Bitcoin yo-yos on US macro data amid call for BTC price to retest $17K
Bitcoin (BTC) flashed volatility at the Jan. 6 Wall Street open after fresh United States economic data disappointed risk-asset bulls....
Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures...
XRP price stalls as Ripple CEO remains “cautiously” optimistic about 2023
XRP has stalled for the last 3 weeks The price has been tied to the crypto sentiment and case with SEC Garlinghouse expects a...
BUSD Sees $5 Billion Reduction in Supply in 24 Days, Relationship With Turkish Lira Continues
According to statistics, the stablecoin BUSD saw a significant drop in its supply over the past 30 days, shedding roughly 23.8% from Dec....
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently,...
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report
Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report...
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry....
Undeads Metaverse: Security Audit Completed by Certik
PRESS RELEASE. Dubai, UNITED ARAB EMIRATES, January 2023, Undeads Metaverse announces the completion of its smart contracts’...
Crypto price predictions: Tron (TRX), Huobi Token (HT), VIDT
Cryptocurrencies remained on edge in the first week of 2023. The hawkish Fed minutes led to more concerns about the industry. Tron,...
NFP payrolls news and its impact on Bitcoin price
Bitcoin price has been in a consolidation phase in the past few weeks. The US will publish the latest non-farm payrolls (NFP) data. Strong...
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are...
French central bank governor pushes for crypto licensing ahead of EU laws
The Bank of France’s governor has called for more stringent licensing requirements for crypto companies in France, citing the current...
Is Huobi safe? Why customers should be withdrawing funds
Key Takeaways Crypto exchange Huobi is reportedly laying off 20% of its workforce and has requested employees take their salaries in...
Huobi Token soars by more than 3% today: Here is why
Huobi Token is the best performer amongst the top 100 cryptocurrencies by market cap so far today. The Huobi crypto exchange is set to lay...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation....
Darknet Forum Dread to Relaunch After Month-Long Downtime Due to DDOS Attack
According to web portal darkdot.com and anonymous journalist Darkdotfail, the popular darknet forum Dread has been down for a month. The...
US Government Seizes Robinhood Shares Linked to FTX Founder Sam Bankman-Fried
The U.S. Department of Justice (DOJ) is in the process of seizing Robinhood shares, worth about $460 million, that are linked to former...
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto...
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT ‘fraud’
The developer of a Mutant Ape Yacht Club knock-off collection — Mutant Ape Planet — has been arrested in New York, charged with allegedly...
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
In a joint effort between the state-owned Chinese Technology Exchange, the state-owned Art Exhibitions China and the corporation Huban...
Report: Fanatics to Sell 60% of Candy Digital Stake Amid Struggling NFT Market
Fanatics, the retailer specializing in licensed sports merchandise, is divesting 60% of its stake in the non-fungible token (NFT) company...
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
According to a Jan. 5 report published by Chinese blockchain security firm LianAn Technology, decentralized finance (DeFi) exploits across...
Three Arrows Capital Founders Served Subpoenas via Twitter in Bankruptcy Process
The founders of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC) have been served subpoenas by the fund’s...
How to buy Bitcoin with Apple Pay?
Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move...
Redeeming physical NFTs: Easier said than done?
Despite the crypto winter, nonfungible tokens (NFTs) continue to draw interest. This has become apparent as many brands and retailers have...
Quantum computers may soon breach blockchain cryptography: Report
According to a recent paper, Chinese researchers claimed to have discovered a novel method to break the Rivest–Shamir–Adleman 2048 bit...
New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud
On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and...
Unreported Transactions Linked to Disgraced FTX Co-Founder Revealed by Onchain Investigation
According to onchain research, wallets connected to Sam Bankman-Fried, the disgraced co-founder of FTX, transferred a significant number...
Biggest Movers: DOGE, SHIB Surge to Multi-Week Highs on Thursday
Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a...
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
Hong Kong authorities are looking for new designs for a central bank digital currency (CDBC), now proposing to issue a CBDC in the form of...
FTX’s former top lawyer cooperated with the US in Sam Bankman-Fried case
Daniel Friedberg, controversial lawyer who served as top compliance chief at now-defunkt exchange FTX, has reportedly cooperated with...
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom
A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates as FOMC Indicates Further Rate Hikes to Come
Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee...
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is...
Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?
Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes. The latest FOMC...
Ethereum Classic eyes the $20 resistance level after its latest rally
Ethereum Classic is the best performer amongst the top 50 cryptocurrencies by market cap today. ETC is up by more than 4% today and has...