Quick Look
‘Buy Bitcoin, plant a tree, lower your time preference’: a Sequoia story
When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root. “Zoom out”...
Turing College Receives Tezos Foundation Grant to Help Developers Enter the Web3 Ecosystem
Vilnius, Lithuania, 16th June, 2022, Chainwire Turing College (YC W21), an online school for web2 developers, announced it is...
These 3 metrics suggest the Bitcoin price crash is not over
Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding breaking support, is the worst really over? According to...
Crypto is based on a Greater Fool Theory, says Bill Gates
Bill Gates has become the latest popular name to attack Bitcoin and the broader cryptocurrency market. Microsoft co-founder Bill Gates...
Report: Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them
A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible to...
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks...
Watchmaker TAG Heuer launches a smartwatch showcasing users’ NFT collections
TAG Heuer, a Swiss luxury watchmaker company, has ventured into the growing NFTs and crypto space despite the ongoing crypto market...
Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He...
‘Cheaper than it looks’: Fidelity exec says BTC undervalued and oversold
Jurrien Timmer, Fidelity’s director of global macro, has argued that Bitcoin (BTC) may be “cheaper than it looks”, highlighting evidence...
Bitcoin and the $20k mark: Then Vs Now
As the financial world battles inflation and rising geopolitical uncertainties, bearish sentiment has flooded the Bitcoin market. ...
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked...
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a...
GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg
PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes...
Top analyst shares thoughts on when Bitcoin is likely to ‘bottom’
Crypto analyst Rekt Capital says Bitcoin is likely to bottom in Q4 this year, based on historical details of a key Bitcoin event. The...
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals...
Fidelity’s Jurrien Timmer says BTC ‘cheaper than it looks’
Bitcoin continued to fluctuate heavily on Wednesday, falling to lows near $20,000 before bouncing above $21K, amid broader market reaction...
Russia Developing Sandbox for Cross-border Crypto Payments
An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media...
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on...
Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
Bitcoin (BTC) plummeted close to the crucial support of $20,000 as traders panicked and dumped their holdings, fearing an aggressive rate...
Bitcoin trading: Momentum strategies with different moving averages
One of the simplest strategies for trading cryptocurrencies involves the application of moving averages (MA). The basic premise is that if...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994....
FINRA chief to crypto talent being laid-off: We can give you a job
The US Financial Industry Regulatory Authority (FINRA) may as well tap into crypto talent that’s currently being laid off from...
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known...
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy
PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958...
NEXO price drops 40% in three days on contagion fears from ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based...
The crypto industry must do more to promote encryption, says Meltem Demirors
“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed...
Immutable X is down by more than 6% despite TurnerSportsPR partnership
The cryptocurrency market has lost nearly $100 billion over the past 24 hours, with numerous coins and tokens trading in the red zone....
Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses
MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and...
Bitcoin bounces 8% from lows amid warning BTC price bottom ‘shouldn’t be like that’
Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle’s high....
Nexo says it has no exposure to 3AC
Nexo is dispelling any fears that its business will likely suffer contagion arising from the potential collapse of crypto venture platform...
Bitcoin recovers above $21k after dropping to the $20k region
The cryptocurrency market has lost nearly $100 billion over the past 24 hours as the bearish trend continues. The bear market is here, and...
CONSENSUS 2022 HIGHLIGHTS: PlayDapp Makes 3 Major Announcements at the World’s Largest Blockchain Conference
Wilmington, Delaware, 15th June, 2022, Chainwire At The recent Consensus 2022 Conference, The Blockchain Middleware Provider Announced The...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large...
Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founder
Ari Paul, founder of blockchain investment firm Blocktower Capital, weighed in on the bear market, comparing the situation to the tech...
Coinbase NFT marketplace: How to buy NFTs on Coinbase?
Not only is the number of nonfungible token (NFT) collections growing at a phenomenal rate, but so are the NFT marketplaces. Previously,...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the...
Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor...
NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based...
Cronos (CRO) Price Has Slumped by 88% From ATH. What Next?
The Cronos price crashed to a record low as demand for cryptocurrencies evaporated. The CRO token slumped to a low of $0.1058, which was...
USDD Stablecoin Price: Justin Sun Fights to Save His Stablecoin
The USDD stablecoin price continued its sell-off as the newly launched stablecoin lost its peg. The coin slumped to a low of $0.9525 even...
Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians
Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users...
Agoras: Cryptocurrency Designed to Evolve Alongside Humanity
Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social...
Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk
Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs. Data from...
Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin’s (BTC) price tanked to a 52-week low of $20,800 earlier on Wednesday, down by over 70% from its all-time high of $68,788....
There is no margin call on Bitcoin loan, says Michael Saylor
Bitcoin has dropped below the $20k level, and MicroStrategy has seen its stock price take a hit. <Body> MicroStrategy is one of the...
Tether aims to decrease commercial paper backing of USDT to zero
The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin...
South Korean Government Calls for Voluntary Regulations From Crypto Industry
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary...
Highlights June 15: Markets in the red, Tron continues descend with losses of 20%
The crypto market was mostly in the red this morning, with the majority of top 10 cryptos registering losses. Top cryptos Bitcoin...
Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps
Celsius Network, a renowned crypto lending firm, has hired ‘restructuring lawyers’ amid the current crypto meltdown that has...
AAX Exchange To Share 1M USDT Rewards Through Fun “Crypto Summer” Events
Victoria, Seychelles, 15th June, 2022, Chainwire AAX, the institutional-grade cryptocurrency exchange, is kicking off “Crypto...
Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto
Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to...
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people...
XOXO Is Flipping the Script and Announcing a Genesis Collection Auction
PRESS RELEASE. Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the...
Bank of Canada’s Official: Crypto Needs Regulation Before It Becomes ‘a Lot Larger’
Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger”...
Bank of America: 90% of US Adults Surveyed Plan to Buy Crypto in 6 Months
A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto in the next six months. Moreover,...
Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’
The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender...
Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
On June 14, discussions of Celsius continued to populate media headlines and June 14’s news involved the platform’s CEL token...
Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several...
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low...
Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?
Ethereum’s native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH...
Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery
On Tuesday, tokens of cloud blockchain infrastructure provider Chain.com (XCN) suddenly lost over 90% of their value before recovering...
Cake DeFi confirm no connection to Celsius contagion
The press release from Cake DeFi was interesting to read yesterday, and one that got me thinking. Released in the wake of the Celsius...
Celsius’ crypto woes are being watched by Washington: report
Washington is keenly watching the crypto sector in the wake of crypto lender Celsius Network’s run into liquidity trouble this past...
Coinbase Reduces the Size of the Firm’s Workforce by 18%
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The...
Luxury brand Lacoste expands into web 3 with UNDW3
Lacoste, a French-based luxury clothing brand, has launched a new NFT collection as it expands into Web3. A press release from the firm...
Ranked Wall Street Analyst, Founder of altFINS, Democratizes Crypto Investing
The Fair token launch gives its community an equal opportunity to participate in lieu of easy upfront cash from private sales or pre-sale....
‘Nothing issue’ — MicroStrategy CEO plans to hodl Bitcoin ‘through adversity’
Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it falls to just $3,500, its CEO confirms. In a...
SEC chair warns about ‘too good to be true’ returns amid market downturn
Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, reiterated his call for investor protection in...
Biggest Movers: THETA, HNT Rise Over 20%, Despite Crypto Crash
THETA was trading higher on Tuesday, as prices rebounded, moving away from multi-year lows in the process. HNT also rallied, climbing by...
Binance partners with Splyt
Binance, the world’s largest crypto exchange, has collaborated with Splyt, a “super app enabler,” to bring its crypto...
Despite Overcollateralized Reserve, Tron’s USDD Stablecoin Slips to $0.974 per Token
Following the crypto market carnage on Monday, the following day crypto prices have shown some improvement. However, Tron’s...
Spritz Finance bill pay beta launches on Polygon Network
Greenwich, Connecticut, 14th June, 2022, Chainwire Spritz Finance, a Web3 personal finance platform for decentralized finance (DeFi) users...
What is MetaPay and how does it work?
When people began communicating with one another over a wired communication system, the internet, not long ago, it ushered in a revolution...
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this...
Following the signs: How crypto stickers led to a new career opportunity
Ghana national Daniel Karikari worked as a part-time office assistant at a crypto startup, cleaning the office and serving coffee to its...
Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends
Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for...
Crypto Leaks launches platform that reveals scams and corruption in the crypto space
New York, United States, 14th June, 2022, Chainwire Crypto scams and corruption have persisted for years, affecting many in their wake....
CortexDAO Listed on MEXC Global
George Town, Cayman Islands, 14th June, 2022, Chainwire CortexDAO, a DeFi index platform, announced today it has listed its CXD token on...
Highlights June 14: Cardano soars, Bitcoin down 25% in 7 days
The crypto market as a whole is mixed today. Leading cryptos continue to decline with a few exceptions. Top cryptos Bitcoin lost...
Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a...
Dohrnii DAO Crypto Giveaway: Ready to Win $100K in Bitcoin?
Do you want to win $100,000 in BTC? Yes, that’s right – Dohrnii DAO has recently announced a major crypto giveaway! In...
Cardano deploys EVM sidechain on its Testnet: ADA price shoots by more than 8% today
Cardano (ADA) is defying the general crypto market trend and it is up by more than 8% today. The price hike is pegged on Cardano’s...
Here’s why the Unifi Protocol (UNFI) price is defying gravity
The Unifi Protocol price has gone parabolic as it defies the ongoing gravity in the crypto industry. The coin has jumped to a high of...
Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action
Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has...
Here is why Chainlink is up by more than 11% today
The cryptocurrency market has continued its poor start to the week, with some of the major coins and tokens recording losses over the past...
Tron Price is at a Major Risk of USDD De-Pegging
The Tron price crashed hard as investors reacted to the rising risks of its stablecoin that is known as USDD. The TRX token crashed to a...
The crypto market is closer to the bottom than stocks, says Mike Novogratz
The cryptocurrency market has lost over $200 billion in the last few days, with the market cap now below $1 trillion. Mike Novogratz, the...
BTC price crashes to $20.8K as ‘deadly’ candles liquidate $1.2 billion
Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs on June 14 as liquidations mounted across crypto markets. BTC/USD...