Quick Look
ApeCoin staking launches with a thud! Will bulls overcome relentless bears?
ApeCoin gained 3% on Friday and remains green over the week ApeCoin will start to issue staking rewards on December 12 The cryptocurrency...
Crypto pundit thinks Ripple will lose against the SEC. Here is how XRP is behaving
XRP has been trading at or slightly below the $0.4 resistance Gene Hoffman expects SEC to win the case against Ripple XRP awaits further...
Ethereum rises above $1,250 support, but buyers may still be unconvinced
Ethereum gained 2% to maintain above support Ethereum has been witnessing whale accumulation at $1,230 The cryptocurrency still lacks a...
BNB to $266? Will a bitter exchange between Binance CEO and SBF hurt token further?
Binance has been on a slow decline since touching $315 The cryptocurrency has lacked positive catalysts to take the price higher BNB faces...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the...
ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper
Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the...
Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound
Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market...
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. BTC/USD 1-hour candle...
Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position
In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, Following Volatile Week of Trading
Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in...
NFTs could help solve diamond certification fraud
Diamonds may be a girl’s best friend, but unfortunately, the billion-dollar diamond industry is rife with scandal and fraud. There have...
Crypto price predictions: FTX Token, Fetch.ai, Cortex (CTXC)
Cryptocurrencies were still in a somber mood this week. FTX Token rose by more than 30% despite SBF legal woes. Fetch.ai token surged...
Brussels Wants All Crypto Service Providers to Report Transactions of Europeans
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax...
SILK Is Now Available for Trading on LBank Exchange
PRESS RELEASE. INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed SILK on...
Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments...
MATIC set to be bullish after Starbucks Odyssey Beta launches on Polygon
Starbucks Odyssey Beta launches on Polygon. MATIC is up by 4% today and could rally higher soon. The broader crypto market could end the...
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting...
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
Bitcoin (BTC) stayed higher after a $17,000 liquidity grab on Dec. 9 as traders targeted further upside. BTC/USD 1-hour candle chart...
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to...
Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to...
Bitcoin takes liquidity near $17K as US dollar shows weakness pre-CPI
Bitcoin (BTC) ranged below $17,000 at the Dec. 8 Wall Street open as the U.S. dollar threatened further weakness. BTC/USD 1-hour candle...
Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting
Algorithmic stablecoins have had a rough year, starting with TerraUSD (UST) depegging to zero and the subsequent blow-up of Terra’s LUNA...
Total crypto market cap falls to $840B, but derivatives data shows traders are neutral
The total cryptocurrency market capitalization has dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative...
US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research
Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX...
Ren protocol warns users to unwrap tokens or risk losses as upgrade looms
The developers of bridging platform Ren have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,” or...
‘Wolf of Wall Street’ Jordan Belfort Expects Bitcoin and Ethereum to Be ‘Substantially Higher’ Despite FTX Collapse
Jordan Belfort, aka the Wolf of Wall Street, expects bitcoin and ethereum to be “a lot higher” than they are now. Noting that...
Paradigm releases ‘Ethereum for Rust’ to help ensure network stability
Web3 investment firm Paradigm has released a Rust implementation of Ethereum, according to a Dec. 7 announcement from the company’s chief...
Countries and institutions move into crypto despite market drop: Report
The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter...
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata,...
FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500...
How bullish is Aave after recovering from the $50 bottom?
AAVE has been recovering from the $50 bottom The cryptocurrency has suffered from limited DeFi activity AAVE needs to overcome resistance...
Toncoin is on the verge of a breakout. Here is the next potential target for bulls
Toncoin has been bullish lately The cryptocurrency is retesting the resistance at $1.97 Investors should watch for a breakout for a chance...
Axie Infinity continues to face rejection. Are buyers giving up?
Axie Infinity token lost 6.60% on Thursday despite previous gains Axie Infinity has been recording increasing activity on the platform The...
Solana’s price movement should worry buyers, but still, there is a chance
Solana token has been consolidating for a month The FTX crash has been a blow to SOL’s price and recovery SOL trades with lower...
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research...
Bitcoin slides, but you do not want to miss out on a low price this analyst calls a “steal”
Bitcoin has lost a weekly 1.52%, and bear pressure is high A quantitative analyst expects a bottom in around 3 months but says Bitcoin is...
What are crypto payment gateways and how do they work?
The parallel development of payment processors for digital currencies is taking place along with the implementation of blockchain...
Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have...
Wemix delisting saga continues at South Korean court
A court in South Korea has supported the decision of local exchanges to delist Wemade’s Wemix (WEMIX) tokens, dismissing Wemade’s request...
Inside South Korea’s wild plan to dominate the metaverse
“Many years ago, it was AI. Now, it’s metaverse,” he says. “From the government’s perspective, […] as long as you don’t have a coin...
Drones, Fertility, and Defi — A Look at Alameda Research’s Massive $5.4 Billion Portfolio of Investments
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6,...
Cryptocurrency market is ‘most mature’ in these 2 countries, new Huobi report reveals
Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else. The latest data...
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in...
Litecoin price comeback stalls as hashrate nosedives
Litecoin price recovery stalled this week after defying gravity amid the ongoing crypto sell-off. LTC retreated to a low of $75.60, which...
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central...
The all-in-one approach at the foundation of next gen crypto investment platforms
The ongoing FTX saga has injected more uncertainty into an already shaken market. If it was not clear already, even the biggest...
GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), is trading close to 50% below the BTC price on spot markets. Data...
LUNC price forms a bullish pattern as USTC pumps
Terra Luna Classic price crawled back on Thursday. The number of LUNC holders has been stable. USTC price soared by over 20%. Terra Luna...
Normalcy returning to crypto markets, on-chain data shows
Over the last few months, the crypto market has largely been pretty serene. Bitcoin had been in crab motion around $20,000 for quite a...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of...
Telegram to allow no-sim accounts via anon-blockchain-numbers
Messaging app Telegram has rolled out a new update enabling users to create accounts using blockchain-based anonymous numbers, as opposed...
ETH Price to Fall to $922 by December 10, Coincodex Predicts
The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market....
Australian CBDC receives unexpected interest but could hurt banks: RBA
A Central Bank Digital Currency (CBDC) pilot program in Australia has received more than 140 use case proposals from the finance industry,...
IMX is down by 9% but will it recover soon after Nifty Gateway launches on Immutable X?
Nifty Gateway officially launches on the Immutable X network. IMX has lost nearly 10% of its value and could dip further before the end of...
Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking...
JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be...
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and...
Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch
Chainlink has a busy start to December when it comes to development launches. The Chainlink (LINK) staking program opened up for early...
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell...
Toko token gains 100% on Binance news. Here is the next potential price action
TKO rose by 100% on reports of the acquisition of Tokocrypto by Binance The cryptocurrency has slid by 28% since forming a local top...
Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry
Bitcoin (BTC) price crashed to $15,500 on Nov. 21, driving the price to its lowest level in two years. The 2-day-long correction totaled...
Price analysis 12/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
The FTX crisis kept Bitcoin’s (BTC) price under pressure in November, but data from Bitstamp exchange shows institutional investors may...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly...
Telegram Introduces No-SIM Sign-ups With Blockchain-Powered Numbers
Popular messenger Telegram now allows users to open accounts without the need to provide their mobile phone numbers. With the app’s latest...
Report: FTX Execs Offered Taylor Swift $100M to Endorse the Exchange, Source Says Singer Never Considered the Deal
According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the...
Data Lake: DeSci the Future of Crypto after the FTX Fiasco?
It’s no surprise that the news about FTX has dominated the headlines over recent weeks. Since the debacle was made public, several other...
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by...
Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall,...
Decentralized identity: Proving it’s really you in the 21st Century
One-quarter of the global populace is going to be spending at least an hour a day in the metaverse by 2026, according to tech consulting...
Finally! Chainlink gives early access to its staking feature. Who has an edge now?
Chainlink fell by 5% on Wednesday amid a staking feature launch The cryptocurrency has set $6 as the important support zone LINK could...
Wait for a bullish confirmation as Dogecoin retests the $0.09 support
Dogecoin lost 4.58% on Wednesday in a market correction The cryptocurrency still holds a bullish bias DOGE is a buy on bullish signals at...
MAGIC token soars on positive news. Buyers must break key levels to enjoy more gains
The magic token has doubled in price in the past week The cryptocurrency has been boosted by potential listing by Coinbase MAGIC is under...
Polygon’s MATIC faces resistance, but this new Web3 partnership should excite buyers
Polygon’s MATIC lost 2.49% on Wednesday Polygon partnered with LGND and Warner Music MATIC could correct back to the $0.77 support...
Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means...
BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading. BTC/USD 1-hour candle chart (Bitstamp). Source:...
LOKA price prediction as League of Kingdom user growth slides
League of Kingdom Arena is a Decentraland competitor. It combines the concepts of gaming with NFTs. The number of active users in...
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626...
KNC dips by 7%, but Bitizen Wallet’s adoption could push it higher soon
KNC has lost roughly 7% of its value today as the market becomes bearish. Bitizen Wallet has integrated with Kyber Network’s...
Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by...
Bitcoin on-chain data shows 5 reasons why the BTC bottom could be in
After a whirlwind November for Bitcoin (BTC), certain on-chain and Bitcoin price metrics are suggesting that BTC’s bottom could occur in...
Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’
The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto...
Report: FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell
On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented...
Sam Bankman-Fried hires defense attorney as US authorities probe FTX: Report
Former FTX chief executive officer Sam Bankman-Fried has reportedly hired Mark Cohen, a former federal prosecutor, to act as his defense...
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF)...
The impact of CBDCs on stablecoins with Bitget’s Gracy Chen
For over 14 years, central banks worldwide have seen blockchain technology deliver highly secure, immutable, verifiable and transparent...
‘Father of the iPod’ helps Ledger create new cold crypto wallet
Hardware wallet provider Ledger, known for its cold-storage devices, announced its seventh crypto wallet in collaboration with the creator...
Bitcoin clings to $17K as ARK flags ‘historically significant capitulation’
Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says. In the latest...
3 reasons why Ethereum price keeps rejecting at the $1,300 level
Ether (ETH) rallied 11.3% between Nov. 28 and Dec. 5, peaking at $1,300 before facing a 4.6% rejection. The $1,300 resistance level has...