Quick Look
Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High
Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA,...
‘WeCryptoEco’ Opens the World’s Largest Solar Powered Farm to NFT Holders
Essex, United Kingdom, 6th June, 2022, Chainwire WeCryptoEco, the brainchild of business visionaries James Ross and Roderick Chisholm, is...
TRON upgrades USDD in the aftermath of TerraUSD collapse
USSD is the first over-collateralized decentralized stablecoin, with guaranteed minimum collateral ratio of 130%. The current collateral...
Purrfect match: The story of a young girl’s love of cats and NFTs
For all the cynical narratives that circulate the mainstream zeitgeist, which perceives nonfungible tokens (NFTs) as little more than...
Is Cardano ready for a go at $1? June’s hard fork FOMO lifts ADA price to weekly highs
Cardano (ADA) was among the best performers among the top cryptocurrencies on June 6 as traders assessed a key upgrade that promises to...
BTC price approaches $32K as analyst warns of ‘boring’ summer for Bitcoin
Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak. BTC/USD 1-hour...
Why is Cardano up by 11% in the last 24 hours?
The cryptocurrency market is having an excellent start to the week, with most of the cryptocurrencies currently in the green zone. The...
Nexus Dubai Projects: a Whole New Defi World Unveils
Dubai, UAE, 6th June, 2022, Chainwire NXD projects have products that possess amazing use cases for users to explore, such as the Nexus...
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000 to Start the Week
Following a weekend which saw bitcoin trading mainly in the red, prices rebounded to start the week. BTC was once again above $30,000 on...
Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances
A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the...
Bitcoin’s near-term volatility is largely irrelevant, says Michael Saylor
Bitcoin has performed poorly over the past few months, but MicroStrategy’s CEO believes that it is irrelevant in the long term....
Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade
Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform...
Gate․io’s Ninth Anniversary: The Remarkable Crypto Ecological Landscape
Gate.io is building on its success and evolving to become a remarkable crypto ecological landscape for its users, its ecosystem...
Highlights June 6: Cryptos in the green, Cardano soars
The crypto market is in full swing with most top 100 coins in the green at the time of writing. Top cryptos Major cryptos had a...
Japanese lawmakers pass stablecoin bill to safeguard crypto investors
Japanese lawmakers on Firday passed a bill for stablecoins to protect crypto investors. The bill comes a month after the TerraUSD (UST)...
Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs
The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently...
EGLD price drops 6% as team starts investigating suspicious activity on Maiar DEX
The price of the EGLD token, which is the native token of Elrond Network is on the decline and has dropped by more than 6% today after an...
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history....
Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important...
Social media blamed for $1B in crypto scam losses in 2021
The United States Federal Trade Commission has labeled social media and crypto a “combustible combination for fraud,” with nearly half of...
Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’
On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most...
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties....
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a...
Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox
The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central...
Top 5 cryptocurrencies to watch this week: BTC, ADA, XLM, XMR, MANA
The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to...
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since...
3 reasons Ethereum price risks 25% downside in June
Ethereum’s native token Ether (ETH) has dropped more than half of its value in 2022 in dollar terms, while also losing value against...
Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth...
Who accepts Bitcoin as payment?
This is a list of some of the biggest places that accept Bitcoin, such as Microsoft and Whole Foods. First, we’re...
A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’
During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to...
Bitcoin price needs to close above $29,450 for its first green weekly candle since March
Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend. BTC/USD 1-week candle...
2TM Group, Parent Company of Mercado Bitcoin, Lays off 90 Workers Amid Market Cool Down
2TM Group, a Latam unicorn and parent company of Mercado Bitcoin, a Latam-based cryptocurrency exchange, has announced it will execute a...
Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and...
KryptoPips Creates the World’s First Multi-Broker Rewards Coin to Reward Various Trading Activities and Deliver Client Value
PRESS RELEASE. KryptoPips, the world’s first multi-broker rewards coin, allows brokers to reward their clients for participating in...
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen
Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide...
Bitcoin ATM installations record low in May, biggest drop since 2019
Bitcoin (BTC) ATM installations across the globe have seen a steep decline throughout the year 2022, with May recording just 202 new BTC...
Bank of America CEO: Regulation Won’t Let Us Engage in Crypto; Kiyosaki Talks Depression, Civil Unrest, and More — Bitcoin.com News Week in Review
The new LUNA records gains amidst controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on...
UAE Charitable Foundation Receives Approval to Accept Crypto Donations
Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept...
Global Web3 metaverse and tax initiatives continue in the face of a market meltdown
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging...
US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021
The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency...
Do Kwon Unlikely to Face Criminal Charges in US, Say Legal Experts
Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and...
Beyond the hype: NFTs can lead the way in transforming business experiences
Many businesses and big brands have already jumped on the nonfungible token (NFT) bandwagon, including Nike, the National Basketball...
Goldman Sachs President Warns of ‘Unprecedented’ Economic Shocks and Tougher Times Ahead
Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher...
US Fed begins quantitative tightening, Japan restricts stablecoin issuance and LUNA 2.0 rides a price roller coaster: Hodler’s Digest, May 29-June 4
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the...
Bitcoin long-term hodlers begin ‘distribution’ which preceded BTC price bottoms
Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted. BTC/USD 1-hour candle...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll...
Is Solana a ‘buy’ with SOL price at 10-month lows and down 85% from its peak?
Solana’s (SOL) price dropped on June 3, bringing its net paper losses down to 85% seven months after topping out above $260. SOL...
Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal ‘Good for Diversification’
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold...
Ethereum’s Hashrate Surpasses Lifetime High as The Merge Gets Closer
Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash...
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements...
Web3 is crucial for data sovereignty in the metaverse
Wandering around the metaverse is like being in a computer game, but soon, it will look exactly like real life. Unlike some dystopian...
Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’
Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is...
Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in...
RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case...
Smart contracts can redesign legal agreements, but businesses beware
When was the last time you got a late payment? Chased an invoice? Waited for your monthly paycheck only to realize it’s late yet again?...
Tesla CEO Elon Musk Has ‘Super Bad Feeling’ About US Economy — Biden Responds
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with...
Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer...
Bitcoin’s move to $32.4K was a fakeout — Here’s the price level most BTC traders are waiting for
The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June...
5 reasons why Bitcoin could be a better long-term investment than gold
The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts...
Japan Adopts Legislation Establishing Legal Framework for Stablecoins
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new...
Over 200K BTC now stored in Bitcoin ETFs and other institutional products
Bitcoin (BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC...
The crypto market dropped in May, but June has a silver lining
May 2022 was not for the faint-hearted. Even the most embattled and experienced crypto traders were tested in the first two weeks of the...
Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve
The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight...
Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While...
5 metrics to monitor before investing in crypto during a bear market
Cryptocurrency bear markets destroy portfolio value and they have a dangerous tendency to drag on for longer than anyone expects....
Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower
Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the S&P...
New York Bill That Aims to Establish a Bitcoin Mining Moratorium Awaits Governor Hochul’s Signature
The state of New York passed a bill that puts a moratorium on specific types of cryptocurrency mining operations that leverage...
LABEL Foundation Integrates With Binance Custody to Offer Cold Storage Support for $LBL Token
PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly...
Terra 2.0: A crypto project built on the ruins of $40 billion in investors’ money
Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in...
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has...
Biggest Movers: WAVES up Over 120% in the Last Week, XLM Moves Towards 3-Week High
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a...
Binance Labs Launches $500 Million Web3, Blockchain Fund
Binance Labs, the venture capital arm of the leading crypto exchange, has announced the launch of a new fund that will focus its action on...
New York State Senate passes Bitcoin mining moratorium
The New York State Senate approved a controversial proof-of-work (PoW) mining ban bill that would prohibit any new Bitcoin (BTC) mining...
Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash
Bitcoin (BTC) climbed to fresh local highs overnight into June 3 after United States equities cut losses. BTC/USD 1-hour candle chart...
Here’s why the Vite crypto price is soaring and what next
The Vite crypto price is in a slow recovery process as investors buy the dip. The coin is trading at $0.029, which is about 71% above the...
Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages
Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst...
Why is ICP up by more than 9% today?
The cryptocurrency market is recovering from the slump it suffered earlier this week. The cryptocurrency market is trading in the...
Bitcoin dips below $30k despite the market recovery
The cryptocurrency market is recovering from the slump it suffered over the past two days. The cryptocurrency market is trading in the...
Vitalik shows support for Optimism’s governance structure and OP gas proposal
Ethereum co-founder Vitalik Buterin has shown support for Optimism’s new governance structure, noting that proposals such as using the OP...
Central Bank of Armenia Urged to Regulate Cryptocurrencies
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government...
Thousands of cryptocurrencies will collapse, says Brad Garlinghouse
The cryptocurrency market has more than 19,000 coins and tokens at the moment. Brad Garlingouse, the CEO of blockchain company Ripple,...
Highlights June 3: Cryptos mixed, ICP rises after Binance delists futures pair
Cryptocurrencies went in different directions over the past 24 hours, however, most top 10 cryptos were in the green, or showed price...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of...
Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges
Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in...
Warner Bros. and Nifty’s to Launch Looney Tunes Story Bolstered by NFTs
On Thursday, Warner Bros. announced it was collaborating with the non-fungible token (NFT) focused social media platform Nifty’s...
Firstrade Lists ENJ, MKR, BNT & COMP
Just weeks after launching its cryptocurrency trading platform, online brokerage Firstrade Securities has already begun expanding its...
South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery
Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer...
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is...