Quick Look
Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks
Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in...
Phala Network Releases First Soulbound Token Use Case With PhalaWorld
Singapore, Singapore, 21st June, 2022, Chainwire Phala Network today announced its official release of the first Soulbound token use case...
Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs....
LBank Exchange Will List MintMe․com Coin (MINTME) on June 22, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list MintMe.com Coin...
Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K
It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies as it...
Why is SAND up by more than 10% in the last 24 hours?
The cryptocurrency market has continued its positive start to the week as the major coins are trading in the green zone. The...
Visa Launches Bitcoin and Crypto Enabled Cards in Latam
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with...
That’s not hodling! Over 50% of Bitcoin addresses still in profit
More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.” Data...
What is Vulcan Forged (PYR) and how to make money playing it?
What is a play-to-earn crypto game? Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and...
Highlights June 21: Celsius up almost 50%, rest of cryptos also in the green
The crypto market is bullish today, with all top 100 cryptos in the green at the time of writing. Top cryptos Solana stood out,...
Eurocoin is euro currency, held in euro-denominated banking accounts, says Jeremy Allaire
Stablecoin issuer Circle recently launched its Eurocoin stablecoin and the company’s CEO recently discussed this latest development....
Study: Today’s Metaverse Still Not Suited for Remote Work
A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity...
The Game-Utility Token Of Tribalpunk Cryptoverse Observed An ATH 50X Following Anta’s Successful Listing On Pancakeswap
HCMC, Vietnam, 21st June, 2022, Chainwire On May 31, 2022, Tribalpunk Cryptovere successfully listed the project’s governance tokens...
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range...
BOSO TOKYO Looks to Bring Japanese Culture to the World via Innovative Use of Metaverse Capabilities
Everyone would agree that the DeFi industry is absolutely booming right now, and for good reason. After all, there is an abundance of...
Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’
Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe...
Bitcoin futures enter backwardation for the first time in a year
Bitcoin’s (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many...
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem...
Investors lost over $7 billion as Bitcoin crashed: Glassnode
Realized loss for Bitcoin investors hit a historic $7.3 billion over just three days last week, according to data from analytics firm...
USDC could replace Tether despite skeptics
For a long time, Tether has been the biggest stablecoin in the market. Its market cap has sent it among the top 10 crypto assets. The...
Michael Saylor says a ‘parade of horribles’ are hurting Bitcoin
MicroStrategy CEO Michael Saylor says there’s a whole list of aspects and practices that are hurting Bitcoin. Referring to these as...
Polkadot maintains crucial support despite growing pressure
The last 7 days were the most volatile in the crypto market for months. We saw major coins tank and pressure mounting on altcoins. But...
Synthetix has surged 100% in 24 hours – Here is why
Synthetix (SNX) is now the top-performing cryptocurrency over the past 254 hours. While some of these gains are largely linked to a...
Avalanche reclaims $14 support after June crash
June has been a devastating month for crypto investors. But despite this, we are seeing some recovery as major coins build modest upward...
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada’s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly...
Apecoin’s RSI divergence could trigger a 20% rally
Apecoin is currently seeing a relief rally after crashing considerably last week. This came after the coin set a new low of $3.13. APE has...
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes...
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they...
ADI Whitelist: A Universal Identity Layer by Accumulate
Miami, USA / FL, 20th June, 2022, Chainwire Accumulate is announcing a whitelist for 10,000 Web3 enthusiasts to join in order to gain...
‘Bitcoin Is Dead’ Google Searches Skyrocket, Bitcoin Obituaries Records 15 Deaths This Year
According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death...
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed...
Record stablecoin market share points to crypto upside: JPMorgan
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according...
Alameda Research to help ‘stem contagion’ in crypto, FTX CEO says
The last few weeks have spelled nothing but bad news for cryptocurrencies. Amid the brutal price crash, made worse by macro headwinds, has...
BTC price recovers to 3-day highs as new whale support forms at $19.2K
Bitcoin (BTC) held steady at the June 20 Wall Street open as nervous traders waited for a short-term trend decision. BTC/USD 1-hour candle...
‘Bitcoin dead’ Google searches hit new all-time high
Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google...
Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows...
Bitcoin mints more than 13,000 ‘wholecoiners’ in the past seven days
Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound
Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in...
Ethereum analyst warns of ‘clean fakeout’ despite 30% ETH price rebound
Ethereum’s native token, Ether (ETH), underwent a sharp relief rally after falling to $880, its lowest level in eighteen months, on...
BNT is up by 2% today despite Bancor pausing IL protection
The cryptocurrency market performed excellently over the past 24 hours as major coins and tokens recovered from their recent losses. ...
Tron price prediction: TRX forms a break and retest pattern
Tron price is attempting to bounce back even as the USDD stablecoin continues losing its peg. The TRX token is trading at $0.6170, which...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s...
Here is why Immutable X’s IMX is up by nearly 10% today
The cryptocurrency market performed well over the weekend after the massive losses recorded last week. The cryptocurrency market recorded...
Bitflex Commences BETA Testing With Zero-Trading Fees
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a...
Bitcoin price prediction: BTC forms a dead cat bounce
Bitcoin price is bouncing back as investors rush to buy the dip following the weekend turmoil. BTC is trading at $20,610, which is about...
People with money are scared to enter the crypto market, says SBF
The cryptocurrency space is currently experiencing another bear market as prices are down by more than 50% from the all-time high. The...
Highlights June 20: Bitcoin drops below $20k, Solana up 14%
The crypto market was in the green this morning, with the majority of top 10 cryptos registering gains. Top cryptos The flagship...
Crypto lender Solend community votes to reverse ‘whale account’ takeover decision
Solend, a Solana-based borrowing and lending protocol, has overturned the controversial DAO decision that was reached yesterday allowing...
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for sETH/ETH,...
‘Worst quarter ever’ for stocks — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses. What felt all but...
Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE
Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional...
Dogecoin price shoots up following Elon Musk’s tweet
Dogecoin (DOGE) has surged to a high of $0.06247 today following a tweet by Elon Musk. At the time of writing, the meme coin had slightly...
Meta Launches Metaverse Digital Clothing Store
Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their...
Marathon Digital keeps on mining despite BTC price slump
Despite data showing that the Bitcoin (BTC) price may have fallen to the point of being unprofitable for the average miner, Marathon...
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more...
Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market...
Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin
Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the...
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the...
Stellar (XLM) bearish outlook remains as trading volume drops
Over the past 24 hours, XLM has seen some slight consolidation. After 4 straight days of loss, the coin has managed to report a modest 2%...
Top 5 cryptocurrencies to watch this week: BTC, SOL, LTC, LINK, BSV
Bitcoin (BTC) plummeted to $17,622 on June 18. This marked the first time in Bitcoin’s history that it has fallen below its previous cycle...
Bitcoin Cash to trend below $100 as weakness in crypto bites
For the past two weeks, Bitcoin Cash has followed in the steps of major coins in decline. The coin now looks significantly bearish even...
These coins are performing relatively well despite the bear market
The overall crypto market is now reporting a major decline. Many analysts see a combination of factors at play including rising Fears of...
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and...
Binance Suspends Direct Deposits and Withdrawals in Brazil
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it...
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with...
Sberbank to Conduct First Digital Asset Transaction on Own Platform
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a...
Bitcoin heads for dismal weekly close as BTC price rejects at $20K
Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle. BTC/USD 1-hour candle chart...
Litecoin aims to hold $40 support and stop further decline
Before the crypto market crashed early in the week, Litecoin was perhaps one coin that had shown a lot of bullish promise. At the time,...
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number...
Ethereum drops below $1000 as bears aim for $800
Most cryptocurrencies are now fully in a bear market. Ethereum fell below $1000 for the first time in years as weakness in the market...
$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by...
Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an...
Ukraine Joins European Blockchain Partnership as Observer
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the...
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the...
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called...
Mad Money’s Jim Cramer Expects Bitcoin to Fall to $12,000
The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin...
Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful
Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the...
Blackrock’s CIO: Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher
The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are...
Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while...
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
The price of Ethereum’s native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market...
Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise
Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the...
Emerging Crypto Art Platform Outland Raises $5M Seed Round Led by OKG Ventures
Los Angeles, United States, 18th June, 2022, Chainwire Outland, an emerging crypto art platform based in Los Angeles, CA, has...
Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins....
Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold
While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that...
Bitcoin crash brings El Salvador’s BTC losses to over $61M
Bitcoin price fell below $20,000 on Saturday to see the USD value of El Salvador’ BTC holdings shrink from over $105 million to...
Voyager Digital seals $200M and 15,000 BTC loan deal from Alameda Research
Voyager Digital has secured a loan facility agreement with Alameda Research, in a deal that the brokerage platform says will help it...
Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower
While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s)...
Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low
On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by...