Quick Look
Build business: An outlook on the Web3 industry during the downtrend
By the end of May, Bitcoin’s (BTC) price had dropped 40%, Ether (ETH) had lost 50% of its value, and the entire crypto market dipped below...
Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a...
Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork
The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token. Cardano sharks in buying...
Not all investments lose value equally: A recovery period for digital assets
When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its...
Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining....
NFTs become physical experiences as brands offer in-store minting
Nonfungible tokens (NFTs) have taken the world by storm over the last year. Digital collectibles that were characterized solely as...
Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains
Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the...
Global GPU price drops to compensate for falling Bitcoin mining revenue
As a direct result of falling Bitcoin (BTC) prices, total revenue earned by miners in transaction fees and mining rewards dropped to its...
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking...
What the dot-com bust can teach us about the crypto crash
The economist Benjamin Graham, known to some as the father of value investing, once compared the market to a voting machine in the short...
Binance users support 0-fee trading despite CZ’s wash trading concerns
Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over...
Report: South African Firm Launches ‘Crypto Water Token’ — Receives Investment of $150M
The South African company behind the so-called “crypto water token” is reported to have secured an investment of $150...
A mandate for blockchain businesses is to rebuild global trust
Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit....
US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links...
Deconstructing sidechains — The future of Web3 scalability
By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the...
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto...
New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test....
Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform....
Price analysis 7/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) rallied to the 200-week moving average on July 8, a level that could act as a battleground between the bulls and the bears....
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by...
Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help...
5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it...
Finance Redefined: UK government explores DeFi with a focus on staking and lending
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the...
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund...
US Treasury calls for international cooperation on crypto regulation
The US Treasury wants to see a little more close cooperation between various global regulators on the topic of cryptocurrency regulation....
Biden Administration Expected to Publish Report on Bitcoin Mining and the Industry’s Impact on Climate
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal...
Knowing identity is vital to trust on the blockchain – Interview with Condordium CEO
The concept of identity is quite a polarising one in cryptocurrency. People forget sometimes that Bitcoin grew out of a niche corner of...
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls...
Blockchain.com could lose $270 million loaned to 3AC: Report
Blockchain.com is one of the cryptocurrency companies likely to lose millions of dollars as a result of the collapse of crypto hedge fund...
Shiba Inu to launch a new stablecoin. Is it a buy?
Shiba Inu plans to launch new stablecoin SHIB tokens posted a 6% jump in the past week New token underway as part of Shiba Inu’s...
Are You Looking for a Different Launchpad? TAFLaunch Is Coming Soon
PRESS RELEASE. Launchpads have gained immense popularity among crypto-enthusiasts in the DeFi space. They give crypto strategists access...
Bitcoin Mining Infrastructure Provider Lancium to Bolster Battery-Powered Demand Response at 25 MW Texas-Based Facility
According to Lancium Inc., a crypto mining infrastructure firm, the company has signed a deal with the Texas battery-storage provider...
Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10%
MATIC was one of Friday’s notable movers, as prices of the token rose for a fifth consecutive session. This came as crypto markets...
This ‘biblical’ Bitcoin pattern suggests BTC price can rise 30% by October
Bitcoin (BTC) may be down 70% from its November 2021 peak, but its rebound move in the past three weeks is raising the possibility of more...
VIDT Datalink price has gone parabolic but a 46% dive is imminent
The VIDT Datalink price has gone parabolic in the past few days even as other cryptocurrencies have recoiled. The token rose to a...
Mind games: Bitcoin education at an escape room in Lebanon
Bitcoin (BTC) sets people free. At least, that was the story at Lebanon’s first Bitcoin-themed escape room in Beirut. Lebanese Bitcoiners...
Web3 activists fight for reproductive rights with NFTs, DAOs and protests
Web3 community members are fighting back against the United States Supreme Court’s ruling to overturn Roe v. Wade. On June 24, 2022, the...
What is BNB auto-burn and how does it work?
BNB and its role in the blockchain ecosystem Binance Coin (BNB) is the Binance ecosystem’s native cryptocurrency. Launched in 2017, BNB...
TRON DAO adds $20M to its reserve to safeguard against bear market
TRON DAO Reserve has today announced on Twitter that it has purchased an extra $10 million worth of USDD and $10 million worth of TRX for...
The risks and benefits of VCs for crypto communities
Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other...
Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users
2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to...
Highlights July 8: Bitcoin reaches highest price level in 3 weeks
The crypto market as a whole is mixed. Bitcoin was trading at $21,333 at the time of writing. Top cryptos Over the past 24 hours,...
DOGE days of summer: Shiba Inu gains 40% on Dogecoin two months after record lows
Shiba Inu (SHIB) has grown stronger against its top “memecoin” rival Dogecoin (DOGE) in the last two months, in part due to...
Litecoin (LTC) price sell-off to continue until this happens
Litecoin price is in a consolidation phase as investors wait for the next key catalyst. It is trading at $51.87, which is about 28% above...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report
Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest...
Bitcoin price builds best weekly candle since March despite new DXY peak
Bitcoin (BTC) is on track for its biggest weekly gains since March, but not everyone is convinced the good times will last. BTC/USD 1-hour...
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze...
5 best alternatives to Celsius
Celsius Network, a famous crypto lending firm, has been battling a serious financial crisis owing to the current crypto market meltdown....
Revuto launches NFT offering lifetime subscriptions to Netflix and Spotify
Revuto’s NFTs offer free Netflix and Spotify subscriptions for a lifetime, with resell potential adding to their game-changing...
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has...
What bear market? Consumer confidence higher among crypto owners than normies
Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting 16.4 points...
Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’
Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and...
Former Tiktok Gaming Boss Launches Metao, a ‘Blockchain Agnostic’ Gaming Company
Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company,...
AAX Launches Impact Lab to Drive Inclusion and Sustainability within the Digital Assets Industry
Victoria, Seychelles, 8th July, 2022, Chainwire AAX Impact Lab’s recent research report provides insights on the intersection of...
Why is AAVE rallying by more than 15% today?
It has been a positive week for the cryptocurrency market so far, with the prices of most coins up by over 10% in the last seven...
Here is why MATIC is soaring by more than 13% today
The broader cryptocurrency market has had an excellent week so far and could record further gains in the coming hours and days. The...
Colombia Issues Guide for Implementing Blockchain for Public Projects in the Country
The Ministry of Information Technologies and Communications of Colombia, Mintic, has issued a guide that describes the steps to implement...
I would never do the type of deals conducted by FTX, says Binance’s CZ
Sam Bankman-Fried has spent hundreds of billions of dollars in saving cryptocurrency companies that are currently struggling. The CEO of...
Keyfi Founder Sues Celsius — Says Crypto Lender’s Entire Portfolio Had ‘Naked Exposure to the Market’
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that...
Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout
Hope springs eternal for many crypto investors after the market saw positive price movement on July 7, alongside gains in the traditional...
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding...
IMF: Global Economic Outlook Has ‘Darkened Significantly’ — Global Recession Cannot Be Ruled Out
The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened...
Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees
A descending triangle pattern has been pressuring Bitcoin (BTC) for the past three weeks and while some traders cite this as a bullish...
Lucky Player Wins A Second 5,000x Jackpot on Bitcoin.com’s Crypto Casino, Bags Another 3 BTC
Book of Aztec unleashes the power of luck, and dishes out a massive 5,000x multiplier! A 3 Bitcoin Jackpot Was Awarded From a Small Bet of...
Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed
Crypto and equities markets are down and aside from the positive news of Celsius repaying all of their debt and avoiding a massive...
SAND forecast after posting 30% weekly gains
Sandbox’s native token, SAND, jumps 30% in a week. Sandbox is a virtual world for gaming experiences powered by NFTs. Holders of...
Mike Novogratz says crypto is 90% through recent carnage
Mike Novogratz says centralized crypto companies like Celsius and BlockFi have exposed the rot that decentralization in crypto sought to...
Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users
The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars...
Bitcoin faces Mt. Gox ‘black swan’ as trustee prepares to unlock 150K BTC
Bitcoin (BTC) faces a new selling threat in the near future as users of defunct exchange Mt. Gox prepare to get their BTC back. In fresh...
Controversial mixer Tornado Cash open-sources UI code
Cryptocurrency mixer Tornado Cash has fully open-sourced its user interface (UI) code — a move its developers say fulfills their mandate...
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a...
Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more...
Angle Protocol partners with Plenty to bring agEUR to the Tezos ecosystem
SAN MATEO, CALIFORNIA, 7th July, 2022, Chainwire Popular Euro stablecoin on Ethereum, agEUR can now be bridged to Tezos ecosystem through...
Reasons to build dApps on the DeFiChain
DeFiChain is a blockchain platform that’s helping boost the world of decentralized finance (DeFi) on the world’s leading...
Satoshi Nakamoto Dropped From the World’s 20th Richest Billionaire to the 79th in 8 Months
In mid-November 2021, Bitcoin’s inventor Satoshi Nakamoto was one of the wealthiest individuals on the planet, with more than $69...
Powers On… Summer musings after two particularly bad months in cryptoland
This column’s goal has never been to provide investment advice on cryptocurrencies or other digital assets, nor has it been to provide...
Bitcoin price clings to $20K as Bollinger Bands close in for volatility
Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood. BTC/USD 1-hour...
What is SolScan and how to use it?
When you are looking for information about certain transactions or tokens on the Solana blockchain, SolScan is the tool to use for this...
Bitcoin cash (BCH) price has plummeted by 97% from ATH. Buy the dip?
The bitcoin cash price collapsed to the lowest level since February 2019 as demand for the coin crashed. BCH is trading at $108.47, which...
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the...
SSV DAO allocates $10 million to solidify the future of ETH staking
The Ethereum network will soon leave its proof of work mechanism and migrate to a proof of stake. SSV DAO, the body responsible for...
Satoshi milkshake experiment shows kids can HODL Bitcoin too
A Bitcoin (BTC) experiment on the Isle of Man involving the Lightning Network, 25 schoolchildren, and a promise of a milkshake has yielded...
Solana wallet Solflare integrates FTX to offer seamless CeFi and DeFi connectivity
Solana wallet Solflare has released an integration with top crypto currency exchange platforms FTX.com and FTX US, allowing users access...
Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — report
Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake...
Affyn’s “Generation Zero” NFT collection sold out in less than two minutes
The nonfungible token (NFT) market has been in a bearish trend for the past few months. Singapore-based blockchain startup Affyn announced...
Bitstamp cancels ‘inactivity fee’ plans after huge backlash
Luxembourg-based cryptocurrency exchange Bitstamp has scrapped plans to implement an inactivity fee after widespread outcries from users...
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some...
Crypto exchange Bitwells announces 777 BTC giveaway
Bitwells, a leading crypto derivatives exchange, has launched a 100% deposit bonus for new signups in a program that will see the exchange...
Equilibrium integrates Polygon for cross-chain DeFi solutions
Equilibrium has announced Polygon integration as it aims to offer cross-chain DeFi solutions to both projects and users of the Polygon...