Quick Look
Paypal Upgrades Crypto Service — Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges
Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has...
Best cryptocurrency to buy – Will subnets take AVAX to the moon?
Subnets have made Avalanche infinitely scalable, and adoption is gaining traction. Key points: Avalanche is deep in the bear market and is...
Why Shiba Inu is still a top cryptocurrency to watch in 2022
Shiba Inu’s core metrics are getting better despite the market crash Key points: Shiba Inu is currently trading at over 80% off its...
Arweave could reclaim $15 support – Should you buy?
Arweave has seen gains in three straight trading sessions. The coin is looking up and could reclaim the important $15 support. But will...
This bullish GALA setup could trigger a 54% upswing
GALA appears to have been on a three-week price consolidation phase. The coin has shown great resilience during this period, and it may be...
Ethereum Merge reminding me of COVID lockdowns
Ugh. Not a good couple of weeks for Ethereum investors, as the DeFi King has dipped down below $1700, now trading 55% below its open of...
Despite bearish trend, hedge funds are dipping their toes in crypto: PwC
Traditional hedge funds are slowly embracing cryptocurrency investments but are keeping their exposure limited as the market continues to...
Binance Coin inches closer to yearly support despite sideways momentum
June has started quite positively for most coins including BNB. The coin however appears to have slowed down. After a strong relief rally,...
Price analysis 6/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin (BTC) continues to trade in a range with the local tops and bottoms coinciding with increased whale activity in the region,...
These Indicators show LUNA could grow 4x in the near term
When Terra rebranded into Terra Classic, there was a bit of fun fare. But investors did not really buy into the idea. As a result, Terra...
Checkout.com Reveals Merchants Can Accept and Make Payments in USDC
On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via...
Bearish outlook on Solana eases as the coin begins consolidation
Solana has had a 2022 to forget. After crossing over the year well above the $100 mark, the coin has seen several major sell-offs. Right...
New NFT Marketplace, myNFT, Seals $7m in Funding to Make NFTs Accessible to All
PRESS RELEASE. New London-based NFT marketplace platform, myNFT, has announced its upcoming launch with the news that it has received...
Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network
Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin...
Thailand’s crypto islands: Working in paradise, Part 1
Walking into Remote and Digital’s La Casa co-working space on the tropical island of Koh Pha-ngan, you wonder how anybody gets any work...
Wall Street sends BTC price to $30.8K as latest US dollar uptick fails
Bitcoin (BTC) showed strength at the June 8 Wall Street open as impatient traders waited for a trend to emerge. BTC/USD 1-hour candle...
Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run
LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile...
Metaverse sneak peek: Project aims to build a creator-focused economy through blockchain
A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city...
Valkyrie raises more than $11 million in new strategic fundraising
Valkyrie Investments, a leading investment firm focused on digital assets, has raised more than $11 million in a new strategic...
Japan crypto exchanges may scrap current token screening system: report
Token listing on crypto exchanges in Japan could soon become a lot swifter than it currently is, reports say. The idea is that exchanges...
Binance US Adds Staking Services for 7 Different Crypto Assets
Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual...
Ethereum ‘double doji’ pattern hints at a 50% ETH price rally by September
Ethereum’s native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a...
US central bank digital currency commenters divided on benefits, unified in confusion
In January, the United States Federal Reserve Board of Governors released a discussion paper on a potential U.S. central bank digital...
Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000
Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been...
While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL
PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless...
‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC
Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine....
Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents...
Here is why EGLD is underperforming the market today
EGLD is down by more than 1% today despite the broader cryptocurrency market performing positively. The cryptocurrency market has turned...
Crypto poses a threat to the safety of global payment systems, says Starling
The CEO of fintech company Starling is the latest name to talk about the threats posed by cryptocurrencies. Anne Boden, the CEO of Goldman...
Human rights activists take aim at privileged crypto critics in letter to Congress
Human rights activists from 20 countries have submitted an open letter to the United States Congress in support of a “responsible crypto...
IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to...
Highlights June 8: Market is recovering, LINK and Theta stand out with 10% gains
The crypto market as a whole is bullish today with most top 100 coins in the green at the time of writing. Top cryptos Bitcoin is up...
Unity CEO Predicts Websites Will Mutate to Metaverse Destinations Before 2030
John Riccitiello, CEO of Unity, one of the leading real-time 3D engine providers, has predicted that the internet will become part of the...
Myria Has Announced Free-to-Claim Alliance Sigil NFT for All New and Existing Community Members
PRESS RELEASE. June 8, 2022: Myria Studios, the blockchain gaming division of Myria, announced that the company is rewarding its community...
Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging
India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes...
Metaverse tokens up 400% year on year despite altcoin bloodbath
Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year....
SEC Probes Binance — BNB Could Be Unregistered Security: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered...
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime...
SpartaCats Troll DOGE With Billboard Near SpaceX Office
PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard...
LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking
Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity...
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused...
Sold your SOL? Solana price eyes 35% jump as two technical signals flip bullish
At least two technical indicators show Solana (SOL) could undergo a sharp price recovery in June, even after the SOL/USD pair’s...
Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside
Bitcoin’s (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June...
Why Cronos (CRO) could be the best crypto bet in 2022
A combination of a strong use case, low prices, and world cup sponsorship push up CRO’s growth potential Key points: Cronos is one...
Vechain – Why it’s a high potential altcoin to buy in the bear market
A combination of low prices and growing adoption makes it a perfect altcoin to buy now Key points: Vechain is one of the cryptocurrencies...
Polkadot Hacker House in NYC officially opens for applications
The Polkadot Hacker House event will take place at the Industrial City in Brooklyn, New York. The Polkadot Hacker House, whose first-ever...
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced...
Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors
PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced...
The business of a Bitcoin standard: Profit, people and passion for good food
The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist. Since August 2020, when the...
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily. BTC/USD 1-hour candle chart...
Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT)...
Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week,...
Here is why GALA is up by nearly 2% today?
The cryptocurrency market has lost the gains it accumulated earlier this week following its poor performance over the last 24 hours. The...
FTX to hire more people ‘regardless of market conditions’, CEO say
FTX will not be scaling back on its staff, according to CEO Sam Bankman-Fried. The company is “going to keep pushing forward,”...
Thetanuts Finance introduces its Stronghold Vaults
Thetanuts Finance has launched its Stronghold Index Vault to provide unique services to its clients. Thetanuts Finance, a structured DeFi...
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every...
How to buy NFTs on Solana?
The burgeoning popularity of nonfungible tokens (NFTs) has led to issues like exorbitant transaction fees and congestion in the prevalent...
Struggle for Web3’s soul: The future of blockchain-based identity
The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder...
BNB price risks 40% drop as SEC launches probe against Binance
Binance Coin (BNB) price dropped by nearly 7.3% on June 7 to below $275, its lowest level in three weeks. What’s more, BNB price...
Better infrastructure is crucial to crypto payments adoption, says Mecuryo CEO
Cryptocurrencies are gaining popularity globally but more needs to be done to achieve further adoption. Petr Kozyakov, CEO of crypto...
Cake DeFi issues $317 million in rewards to customers
Singaporean-based Cake DeFi has set a record for the amount it has issued to its customers in reward. <Body> Cake DeFi, the...
Gala’s Web3 Game GRIT Now Easily Accessible to Epic Games Store’s 194M+ Players
Jackson, USA, 7th June, 2022, Chainwire Gala Games, a pioneer in web3 entertainment, announced today that it is continuing to lead the way...
Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies
Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave...
Ripple partners with Lunu to expand into the European luxury markets
Ripple, a prominent business blockchain solutions provider, has partnered with Lunu, a crypto-terminal operator and a payment provider...
Israel’s Most Prominent VC Pitango Launches First Labs Investment DAO to Bridge Web2 and Web3
Tel Aviv, Israel, 7th June, 2022, Chainwire Top web2 VC Pitango has launched First Labs, a thesis-driven web3 lab designed to bridge the...
Checkout.com unveils 24/7 stablecoin settlement solution powered by Fireblocks
Checkout.com, a global payments processor currently handling billions in online payments for merchants, has announced a new stablecoin...
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8...
Longer-term Bitcoin holder losses hit two year lows
Long-term Bitcoin holders are sitting on their largest losses since the March 2020 capitulation and the 2018-2019 bear market but may have...
Highlights June 7: BNB declines on SEC probe, GALA only coin in the green
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Top cryptos Bitcoin shed almost...
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a...
Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours
Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off. BTC/USD 1-hour...
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation...
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups...
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy...
Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to...
Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event
The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC)...
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to...
Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal
Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to...
Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store
On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be...
Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch
Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial...
How can Shiba Inu avert a brutal sell-off in the coming weeks?
Shiba Inu is currently trading sideways along a declining trend line. The coin has also managed to consolidate above an important support...
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the...
Avalanche price eyes 30% jump in June with AVAX’s classic bullish reversal pattern
Avalanche’s AVAX token shows signs of continuing its ongoing rebound move as it paints a classic bullish reversal pattern. AVAX price to...
Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares
Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds,...
Price analysis 6/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers...
Ripple co-founder Jed McCaleb has sold 70 million XRP in two weeks
Ripple co-founder Jed McCaleb sold nearly 70 million XRP over the past two weeks, data from XRPscan shows. According to the data, the...
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s...
Solana reminds me of my broken earphones
Solana’s ease-of-use, market-leading TPS and low fees are formidable qualities On the flipside, the latest shutdown marks eighth...
Eurovision Winners’ NFT Auction Raises $900K for Charity
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was...
Crypto 401(k): Sound financial planning or gambling with the future?
In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to...