Quick Look
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...
The BTC origin story: Who designed the Bitcoin logo?
The bright orange Bitcoin (BTC) logo, for over a decade, has become synonymous with financial freedom amid modern-day recession and...
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading...
President of Panama Partially Vetoes Crypto Law Passed by National Assembly
Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved...
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1...
Bitcoin price falls below $20K for first time since 2020, Ethereum dips under $1K
Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support. BTC/USD 1-hour candle chart (Bitstamp)....
Belgian Banking Group KBC Creates Blockchain-Based Coin
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain...
Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the...
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender...
Platypus Finance Pioneers Unbiased NFT Minting On Avalanche
Hong Kong, Hong Kong, 17th June, 2022, Chainwire NFT owners and traders alike have had their woes about NFT minting: it’s not a fair...
Revoland Holding IDO on EverStart
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a...
Waves plots major comeback after facing selling pressure
Waves has been a delightful surprise in crypto over the past six months. The coin has seen rally after rally albeit it has pulled back...
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
The total crypto market capitalization fell off a cliff between June 10 and 13 as it broke below $1 trillion for the first time since...
Dogecoin faces a 60% downswing as meme coins trend lower
Dogecoin has accelerated its slide significantly over the past week. The coin is slowly trying to find some momentum, but gains over the...
5 indicators traders can use to know when a crypto bear market is ending
The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price...
Star Atlas wants to revolutionize P2E gaming – Should you buy
Play to earn or P2E is seen as one of the most promising sectors in crypto. After all, some projects have seen massive success in this...
Avalanche could drop below $10 – Here is why
Avalanche, like many major coins, has had some reprieve from the crash we saw at the start of the week. Although the coin is down 3% over...
Cardano establishes a strong trading range despite pressure
Before the crypto crash this week, Cardano had shown outstanding upward momentum. The coin at one time even rallied by nearly 50% in less...
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was...
Brand Connector from Smart Token Labs: connecting brands and NFTs
Sydney, Australia, 17th June, 2022, Chainwire Smart Token Labs, a Web3 open source software development company, today announced the...
XRP price technical breakdown boosts chances of a 40% drop by July
Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a “descending triangle” pattern, with...
Ethereum price risks a drop below $1K if these key price metrics turn bearish
Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network’s...
Immutable unveils $500M fund to support Web3 gaming adoption
Immutable, the firm behind Ethereum’s leading NFT scaling solution Immutable X, has announced a $500 million fund aimed at boosting...
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According to CoinGoLive, 72 out...
Sweeping layoffs, hiring, and firing as crypto prices take a massive downturn
Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board...
Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android
PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has attracted...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital...
Tether’s USDT market cap dips below $70B for an 8-month low
Tether (USDT), the biggest stablecoin and the third-largest digital currency by market capitalization continues losing its market value...
Crypto’s uses and misuses: Binance–Reuters quarrel raises questions
Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June 6,...
MANA price jumps as Decentraland DAO votes to give Decentral Games $1M grant
As the crypto market ructions continue, cryptos with metaverse backup like Decentraland (MANA) have stood tall as others nosedive. MANA,...
Biggest Movers: HNT Nears 1-Week High, as XMR Rebounds on Friday
HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen...
Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target
Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level. BTC/USD...
Three Arrows Capital to seek bailout or asset sale
Kyle Davies, one of the co-founders of Three Arrows CAPITAL (3AC), has said that the crypto hedge fund is exploring different options...
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country....
Unusual liquidity pressures force Babel Finance to suspend withdrawals
Due to the ongoing crypto market meltdown, Babel Finance, an Asian-based crypto lender firm, has suspended all their products’...
GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot...
MakerDAO reduces exposure to Celsius, disables Aave DAI supply
In a move to reduce exposure to the embattled Celsius Network, MakerDAO has voted to temporarily disable the Direct Deposit Module (D3M)...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again...
Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest
A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria,...
Ether could drop below $1k as the broader market records losses
The cryptocurrency market could end the week in the negative zone as the leading cryptocurrencies record huge losses. The cryptocurrency...
Foresight Ventures Launches 200m Foresight Secondary Fund I to Invest in Private Round Crypto Assets
Foresight Ventures launches 200m Foresight Secondary Fund I to invest in private round crypto assets that are looking to access liquidity...
Highlights June 17: Bitcoin at $20k, Polkadot drops out of top 10
The crypto market maintained its bearish trajectory over the past 24 hours, as the majority of top 10 cryptos were in the red this...
The bear market presents numerous opportunities, says CZ
The cryptocurrency space is currently in a bear market, but many believe it is an opportunity for people to innovate. The cryptocurrency...
Colombian Financial Superintendence Prepares Norms for Crypto Transactions
The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the...
Study: 7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information
About 22% of South Africa’s adult population, or 7.6 million people, are cryptocurrency investors, findings by a study done by...
Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and...
Bastyon Crypto Social Network Integrates TOR Network and Releases Post Advertising for Pocketcoin (PKOIN)
PRESS RELEASE. Bastyon as the Web 3.0 Social Platform Most crypto projects are nothing but cones of a few successful coins. Bastyon, on...
Sticker Culture NFT “META PYLON” will Launch the World’s First Sticker Feature
Tokyo, Japan, 17th June, 2022, Chainwire META PYLON announced the world’s first feature to encourage NFT holders to participate in...
Rock Legend Gene Simmons Owns 14 Cryptocurrencies — ‘I Have Not Sold a Single Position Since the Downturn’
Rock band Kiss’ lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market...
Interview: Russian citizens could turn to crypto to safeguard wealth – ComplyAdvantage
Money laundering is an issue that is often branded about in mainstream media as a downside to cryptocurrency. The covert nature, lack of...
Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price...
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says
Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of...
High Street metaverse: Why you should consider buying
Virtual reality is going to transform human interaction over the coming years. All the biggest tech companies out there are investing in...
Metaverse Project GensoKishi Online Holds 2nd NFT Auction
PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the...
Chainlink’s downtrend could stop if this support holds
Crypto has come into focus over the last few days after a major crash. Most coins have been on free fall, LINK included. But contrary to...
Bitcoin could finally bottom after one more dump
Bitcoin hit an 18-month low over the last three days. The coin is seeing its worst sell-off in 2022 as broader weakness in the market...
Resistance is futile! 3 reasons why Bitcoin mining will never go away
In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects...
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Crypto traders had a brief opportunity to pause and take stock of where things are on June 16 as the relentless selling that has hammered...
Tron surges by nearly 25% – Dead cat bounce or real momentum?
The crypto market has stabilized after two days of massive sell-offs. This comes as the US Fed made a serious commitment to deal with...
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro...
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial...
Accepting Bitcoin for your business just like Tesla: Report
Tesla temporarily embracing Bitcoin (BTC) as a method of payment for its products was conceivably one of the catalysts that pushed asset...
SOL price trending toward yearly low as Solana TVL drops $870M in three days
Solana (SOL) tumbled on June 16 amid a broader retreat across the top cryptocurrencies, led by the Federal Reserve’s 0.75% interest...
Further downside is expected, but multiple data points suggest Bitcoin is undervalued
The outlook across the cryptocurrency ecosystem continues to dim as the sharp downtrend that was initially sparked by the collapse of...
Spotlight on Celsius as Texas securities regulator opens investigation: Report
Regulatory scrutiny on Celsius Network, a leading crypto lender in the market that’s hit turbulence, continues to mount, according...
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka...
Bitcoin Investor’s Net Realized Loss Hit $4.23 Billion Last Week: Glassnode
Bitcoin price fell from highs of $30,300 this past week to test lows near the critical $20,000 level this week. The sell-off, according to...
Bitcoin of America Is Working to Solve the Gender Problem in the Cryptocurrency Industry
The cryptocurrency industry has a big gender problem when it comes to female involvement. Bitcoin of America (BOA), a popular virtual...
Theta Network (THETA) jumps 14%: here is why
Theta Network native token, THETA, recovered some of the losses it has experienced during the current crypto bloodbath from which the...
The Sandbox rallies on its partnership with Lionsgate
The Sandbox metaverse native token, SAND, experienced significant price gains today after announcing its new partnership with Lionsgate, a...
Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound
SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed...
Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the...
Ankr’s unique upgrades bring enormous scalability to the BNB Chain
Ankr’s unique, open source scaling solutions have dramatically improved BNB Chain’s scalability, storage requirements and sync...
Soulbound Tokens: Social credit system or spark for global adoption?
Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto...
Blockchain’s potential: How AI can change the decentralized ledger
One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the...
BTC price rejects at $23K as US dollar declines from fresh 20-year highs
Bitcoin (BTC) ran out of steam near $23,000 on June 16 after the biggest United States key rate hike in nearly thirty years. BTC/USD...
NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%
On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an...
Bank of America: Consumer Interest in Crypto Remains Strong
Bank of America’s new report explains that “despite the sharp correction in crypto valuations, consumer interest in the...
Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ethereum’s native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve...
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in...
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of...
Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com
While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized...
Highlights June 16: Crypto market rebounds after Fed rate hike
Most cryptocurrencies rebounded after the Federal Reserve finally announced its rate hike, the biggest in almost three decades. The crypto...
Here is why SAND is up by more than 10% so far today
The cryptocurrency market has performed well in the last 24 hours after a poor start to the week. The cryptocurrency market has performed...