Quick Look
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down...
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
A major Ukrainian chain of pharmacies has started accepting cryptocurrency through Binance Pay. The new payment method will be available...
Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem
Bonk, a meme token modeled after Shiba Inu (SHIB) that launched on Dec. 25, is skyrocketing and some traders believe the token’s trading...
US Regulators and the Fed Jointly Issue Crypto Warnings
The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have...
Celebs who got burned endorsing crypto and those that got away with it
Celebrities had a shaky year promoting crypto firms and projects throughout 2022. Many found themselves named in lawsuits over their...
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt...
Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius
Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement...
Digital assets inflows reached $433M in 2022: Report
Digital assets funds saw inflows totaling $433 million during 2022, the lowest level since 2018, when inflows in the crypto industry...
Coinbase agrees to $100M settlement with NY regulator
The New York State Department of Financial Services, or NYDFS, has reached an agreement with Coinbase following an investigation into the...
Crypto regulation world: How laws for digital assets changed in 2022
Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses...
US Congress investigations into FTX are in limbo without a House Speaker
At the time of publication, the United States House of Representatives was at a historic standstill in its process of choosing a Speaker...
MEXC launches $20M ecosystem fund to support Sei Network
According to a blog post published on Jan. 4, Singapore-based cryptocurrency exchange MEXC announced that it would allocate $20 million to...
‘Binance is the crypto market:’ Arcane crowns the exchange 2022’s winner
During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear...
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a...
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent...
Price analysis 1/4: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
Gold made a strong start to the new year and is trading close to a seven-month high on expectations that the United States Federal Reserve...
Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials...
Grayscale ETH trust nears record 60% discount as nerves continue over DCG
The Grayscale Ethereum Trust (ETHE) is trading at nearly a 60% discount to the underlying value of its assets, with shares falling 93%...
Bitcoin analyst identifies new key levels as Ethereum price nears 3-week high
Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour...
Biggest Movers: SOL up 15%, as Bullish Sentiment Continues to Rise
Solana extended recent gains on Wednesday, as the token rose by as much as 15% in today’s session. The move saw prices hit their...
$16.8K Bitcoin now trades further below this key trendline than ever
Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash. In a tweet on Jan. 4,...
Ethereum recovering above $1,250. Is this a bullish trigger?
Ethereum hovered around the $1,250 resistance on Wednesday Ethereum network surpassed Bitcoin in transaction volumes in 2022 Wait for a...
Cardano gives early signals of a rally. Is this a good opportunity?
Cardano recovered by 4% on Wednesday after hitting a two-year bottom Whale activity has been reported to be on the rise The cryptocurrency...
Solana interest grows as price eyes a bullish push after weekly 40% gains
Solana token has gained by almost 40% in a week as network activity surge The weekly gains have been inspired by the Bonk token airdrop...
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed
On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire...
Litecoin remains bullish, but it must overcome a key level
Litecoin has gained 13% in the past week The network ended 2022 with record transactions Investors speculate further gains, although $80...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week High Ahead of FOMC Minutes
Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC)...
Near price stages a slow recovery: Will these gains hold?
Near Protocol price jumped on Wednesday. This price was in sync with other Sam coins like Solana and Serum. Near Protocol paused its...
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in...
Tron surpasses BSC in terms of TVL: Will this allow TRX to soar higher?
Tron has overtaken BSC to become the second-largest blockchain in terms of Total Value Locked (TVL). The TVL on Tron stands at $4.1...
World Economic Forum Believes Crypto Will Remain Key Technology
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem....
Cryptosat launches second ‘cryptographically-equipped’ satellite using SpaceX rocket
The company behind a crypto-satellite module launched in May has announced that an additional piece of its blockchain-related...
Crypto adoption in 2022: What events moved the industry forward?
It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and...
Square Enix to Deepen Its Blockchain Efforts in 2023
Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new...
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report
An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide...
Indian Government Launching Crypto Awareness Campaign
The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the...
Robert Kiyosaki Predicts Gold Price Soaring to $3,800 While Silver Rises to $75 in 2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will soar to $3,800...
3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins
Continuing with 2022’s trend, there is a lack of positive excitement in the crypto market. While Bitcoin (BTC) and altcoins have remained...
Iran Returns Seized Crypto Mining Equipment to Miners
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its...
The ‘godfather of crypto’ wants to create a privacy-focused CBDC: Here’s how
When it comes to the “crypto” part of cryptocurrencies, David Chaum’s work predates the crypto ecosystem. His efforts as a renowned...
14th Anniversary of Bitcoin’s Genesis Block: A Look Back at the Birth of Cryptocurrency
14 years ago on Jan. 3, 2009, Satoshi Nakamoto launched the Bitcoin network and block zero at approximately 1:15 p.m. (ET) on a Saturday...
Declining Interest Leads to Poor Market Performance for Ethereum Proof-of-Work Forks
After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks:...
Bitcoin volatility may return in ‘catch up’ with gold in 2023
Bitcoin (BTC) volatility is declining on schedule but BTC price action could still “play catch up” with gold this year. The latest data...
Lightning Network gets physical form in Australia with Bitcoin ATM
The Australian city of Coolangatta has gotten its first Bitcoin ATM with integrated Lightning Network capabilities. The new ATM has been...
Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis
According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during...
Biggest Movers: SOL Surges 8%, as ATOM Nears 1-Month High
Solana was up by almost 8% on Tuesday, as the token rose for a fifth consecutive session. Recent moves have come despite the Christmas and...
Bitcoin teases weekly highs as traders eye BTC price leg up to $17.3K
Bitcoin (BTC) inched closer to $17,000 on Jan. 3 as the first Wall Street open of the year loomed. BTC/USD 1-hour candle chart (Bitstamp)....
The best (and worst) stories from 3 years of Cointelegraph Magazine
On Oct. 1, 2019, Cointelegraph Magazine’s founding editor, Jon Rice, pressed publish on the first-ever feature story for the publication —...
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry...
Report: Syrian Central Bank Devalues Local Currency by Nearly 50%
The Syrian central bank recently announced the nearly 50% devaluation of the Syrian pound’s exchange rate versus the greenback from...
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes
Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up following the New Year’s celebrations....
Solana jumps by 7% to surpass the $11 resistance mark: Should you buy?
Solana is the best performer amongst the top 20 cryptocurrencies by market cap today. SOL is trading above $10 again after rallying more...
FLOW leads the charge as broader crypto market experiences mixed performances
FLOW is up by more than 8% today, outperforming the other coins and tokens in the top 100 list. The broader crypto market has recovered...
Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik
According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in...
Kava price has staged a comeback but risks remain
Kava price has crashed by more than 94% from its all-time high. The total value locked (TVL) in its DeFi ecosystem has crashed to $197M....
OVER Map2Earn: Revolutionary 3D Mapping is Now Available
OVER has launched the Map2Earn Beta program: revolutionary 3D mapping is now available to everyone. It is an innovation that solves the...
Jasmy price prediction as Japan’s Bitcoin surges
Jasmy price has jumped in the past four days. It has jumped by more than 40% from the lowest point in 2022. Jasmy price has had one of the...
Su Zhu gets called out by the community as he fires off accusations against DCG
As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing...
Models and fundamentals: Where will Bitcoin price go in 2023?
Bitcoin (BTC) had a bumpy ride throughout 2022, along with the rest of the digital asset market. The cryptocurrency began the year...
Crypto technology will shift toward ‘steadier hands’ in 2023: Circle CSO
Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the...
Car Manufacturer Maruti Suzuki Launches Metaverse Showroom Experience in India
Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the...
Crypto exchange adoption boosts ENS registrations to over 2.2M
2022 proved to be a fruitful year for Ethereum Name Service, with the platform recording 2.2 million registered domains despite...
Price analysis 1/2: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, LTC
The S&P 500 index (SPX) fell 19.4% and the Nasdaq nosedived 33.1% in 2022, their worst performances since 2008. The crypto markets...
Demand for Arbitration Filed Against Genesis Global Capital, DCG — Firm Accused of ‘Ochestrating a Sham Transaction’
Three Gemini Earn users have accused Genesis Global Capital of breaching a contract and have subsequently filed a demand for class...
Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular
The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its...
2022 in Review: ViaBTC Capital Gathers Momentum and Delivers Win-win Results
PRESS RELEASE. As financial markets worldwide confront major challenges, the crypto market has remained sluggish in 2022. Meanwhile, along...
Report: Morocco Central Bank Governor Says Crypto Draft Law Now ‘Ready’
A Moroccan draft crypto law, which seeks to protect individuals from the risks associated with crypto trading, is ready and will soon be...
‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be...
Reviewing El Salvador’s Bukele Predictions for 2022: What Went Wrong?
Nayib Bukele, president of El Salvador and die-hard Bitcoin enthusiast, formulated a series of predictions about the behavior of bitcoin...
Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021
In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an...
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the...
Disputed Venezuelan Gold Worth $1.8B in Bank of England Vaults Remains Uncertain After Dissolution of Interim Government
The status of the Venezuelan gold currently being held by the Bank of England might fall into regulatory limbo after the dissolution of...
US will see new ‘inflation spike’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders. After failing to budge...
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec....
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022...
IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China
The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and...
Economist Peter Schiff Predicts Inflation ‘About to Get Much Worse’ — US Dollar Facing ‘One of Its Worst Years Ever’
Economist Peter Schiff has predicted that the U.S. dollar will have “one of its worst years ever” in 2023, warning that the...
3 ways crypto derivatives could evolve and impact the market in 2023
Futures and options let traders put down only a tiny portion of a trade’s value and bet that prices will go up or down to a certain point...
Crypto makes history in 2022: Five instances of governments embracing digital assets
The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown...
Valkyrie Reveals Intention to Sponsor Grayscale’s Bitcoin Trust as GBTC Discount to NAV Widens
Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin...
These 4 altcoins may attract buyers with Bitcoin stagnating
Bitcoin’s (BTC) volatility remained subdued in the final few days of the last year, indicating that investors were in no hurry to enter...
Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions
2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic...
Bitcoin stays put with yearly close set to seal 60% YTD BTC price loss
Bitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent from the market. BTC/USD...
Australia overtakes El Salvador to become 4th largest crypto ATM hub
El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as...
Rewind 2022: A crypto roundup of the year and stepping into 2023
Stepping into the year 2023, it’s time to pause and reflect on the accomplishments and struggles the global crypto community...
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95...
Gold, Silver, and Oil Predictions; Ellison’s FTX Testimony and the Sam Trabucco Mystery; Massively Eroded Dollar Sees the Fed Turn 109 — Week in Review
Robert Kiyosaki says the time to buy gold and silver is now, predicting a stock market crash will send prices of the precious metals...
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia,...
Bill on Digital Ruble Submitted to Russian Parliament
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation...