Quick Look
Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom
Bitcoin (BTC) put in fresh gains overnight into May 31 as the monthly close looked set to seal losses of around 15%. BTC/USD 1-hour candle...
How to get a job in the Metaverse and Web3?
Can you work in the Metaverse? The Metaverse is the next big career path on which to land an ideal job with firms like Meta, Roblox,...
Amid P2E downturn, Sky Mavis turns to user-generated content for Axie Infinity
On Tuesday, Sky Mavis, creator of the popular fantasy monster-battle nonfungible token (NFT) game Axie Infinity, announced that it had...
Community-Driven Football Management Simulator Soccer Manager Elite Rebrands As Soccerverse
London, England, 31st May, 2022, Chainwire Freshly Unveiled Brand Adds Gaming Industry Veteran Andrew Gore To The Organization...
Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist
For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear”...
Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests
Bitcoin’s (BTC) price dropped by more than 50% after peaking out at $69,000 six months ago but the plunge did little in forcing some...
You can now clone NFTs as ‘Mimics’: Here’s what that means
In the precariousness of Web3 open-source code, iterative development and “move fast” ethos, things break. And through breaking, things...
Cardano (ADA) jumps by over 25%: here are the reasons why ADA is rallying
The Cardano (ADA) price has rallied by over 20% today bringing relief to traders and investors after weeks of crypto market clash gloom....
Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,000 as Crypto Rally Extends
ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher,...
Chibi Clash raises $3M to build a fantasy Web3 gaming universe
Chibi Clash has raised $3 million in a private funding round led by some of the top venture capital firms in the crypto space. Chibi...
Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund
A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the...
Coinshift partners with Superfluid for their V2 Beta Launch
Sheridan, United States, 31st May, 2022, Chainwire Coinshift has announced a partnership with Superfluid to offer streaming...
Vybe Pre-Launches a Social Media Mining App
PRESS RELEASE. Miami, Florida. – Vybe, LLC announced today that they are building an app that lets people mine their social media...
Highlights May 31: Bitcoin breaks out, crypto market higher
The crypto market was higher this morning, with the majority of top 10 cryptos registering gains. Top cryptos Bitcoin was up around 4% at...
The NFT market is still underhyped, says Brad Garlinghouse
Nonfungible tokens have become very popular within the cryptocurrency space and beyond. Brad Garlinghouse, the CEO of blockchain company...
Here’s where to buy Super Mario, the token of the exciting new game
Super Mario (MARIO) is an untracked crypto coin and little information about it is available. We wrote this article with the aim to...
Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report
Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some...
Why is WAVES up by more than 40% in the last 24 hours?
The cryptocurrency market has continued its excellent start to the week, with most coins trading in the green zone. The cryptocurrency...
Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low
After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The...
Undervalued Metaverse Project Mars4 Is Preparing for New Releases
In the crypto industry, investors are always on the search for undervalued projects that have the greatest potential for increasing early...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is...
Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto
The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto....
On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K
Bear markets are typically marked by a capitulation event where discouraged investors finally abandon their positions and asset prices...
Price analysis 5/30: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
After creating the dubious record of nine successive red weekly closes, Bitcoin (BTC) is attempting to make amends by starting a price...
Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’
On May 30, the cryptocurrency market experienced a much-needed bounce that saw Bitcoin (BTC) climb above $30,900 and Ether (ETH) rally...
Cronos (CRO) struggles to break out despite major ecosystem developments
Cronos (CRO) has been one of the most underperforming coins in the market over the last few months. The coin has literally blown hot and...
The Fed’s Christopher Waller Wants 50 bps Rate Hikes Until Inflation Subsides, US Savings Data Plummets
Federal Reserve governor Christopher Waller has detailed he is ready to get behind 50 bps rate hikes until the extreme inflationary...
Shiba Inu (SHIB) could drop by around 15% before any bull run
Shiba Inu has seen a two-week period of price consolidation. There have been times when the coin has rallied but overall, the price action...
Ethereum (ETH) rebounds to hit $1900 – Can it keep going?
Ethereum (ETH) has managed to see some strong recovery this week. The coin has finally risen above $1900, and there could still be more...
Bitcoin (BTC) returns above $30,000 – Will we see a bull run this week
Bitcoin is kicking off the new week in good shape. After a lackluster month in May, the coin appears to be finding some decent uptrend....
DigiByte (DGB) faces a steep drop as sentiment in the market slows
DigiByte (DGB) has seen a decent change in trend over the last 24 hours. The coin has managed to see double-digit gains but despite this,...
Tron Now Commands the Third-Largest TVL in Defi — Network’s Stablecoin USDD Confronted by Skepticism
This week the Tron blockchain has become the third-largest network in terms of total value locked (TVL) in decentralized finance (defi)...
Polygon MATIC price prediction: Ripe for a breakout
The Polygon MATIC price has been in a consolidation mode even after the important milestones in the network. The token is trading at...
Bitcoin’s recent gains have traders calling a bottom, but various metrics remain bearish
On May 30, the total crypto market capitalization gained 4% and currently is within reach of a $1.3 trillion market capitalization. The...
Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange
Ethereum’s native token Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD...
AAVE price prediction after crossing an important resistance
The AAVE price rose to an important resistance on Monday as cryptocurrency prices continued rising. The token is trading at $109.20, which...
While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token...
MoneyGram to partner with Stellar blockchain for stablecoins remittance
MoneyGram, one of the world’s largest money transfer services, is preparing for a partnership with Stellar blockchain to allow its...
Bank of America is not offering crypto services anytime soon, says CEO
Bank of America doesn’t have plans to dive into offering crypto to its customers, according to the bank’s Chief Executive...
Esports Powerhouse Galaxy Racer Invests US$25M to Partner With $QUINT
PRESS RELEASE. 30th May 2022, Dubai, United Arab Emirates: Galaxy Racer (GXR), a transmedia powerhouse focused on e-sports, content...
Bitcoin ‘ready’ for $32.8K after consolidation as BTC price gains 6.3%
Bitcoin (BTC) stayed higher on May 30 as early week gains saw BTC/USD retain $30,500. BTC/USD 1-day candle chart (Bitstamp). Source:...
CeFi interest on the wane: Will BlockFi, Ledn and Nexo rates trend lower?
Generating a yield on crypto is increasingly tricky. The Terra ecosystem implosion — where up to $50 billion was wiped out — led to a...
Biggest Movers: ADA Hits 1-Week High, HNT Nearly 20% Higher on Monday
Cardano was nearly 15% higher on Monday, as crypto markets were mainly in the green to start the week. Despite gains from ADA, HNT was one...
Survey: Most Salvadorans Still Not Convinced About Bitcoin as Legal Tender
A survey conducted recently by the Center for Citizen Studies of the Francisco Gavidia University, a private institution in El Salvador,...
Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto miners account for two percent of the total electricity consumption in Russia, according to the latest government estimate. The...
Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week
Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday,...
Report: Latam Countries Are Among the Most Enthusiastic About the Metaverse
A new survey has found people’s opinion of the metaverse in emerging countries is significantly more positive than in their...
Why is Elrond up by more than 18% today?
The cryptocurrency market is having a positive start to the new week, with most of the cryptocurrencies trading in the green zone. The...
Frodo Tech Aims to Create Environmentally-Friendly Blockchain Ecosystem That Is Open to Everyone
Frodo Tech aims to create an environmentally-friendly blockchain ecosystem based on a unique cryptocurrency service that all the people in...
Gate.io Announces Launch of Mirror World NFTs on NFT Box
Majuro, Marshall Islands, 30th May, 2022, Chainwire Gate.io, one of the world’s leading cryptocurrency exchanges with over 10...
Report: 42.9% of Turks View Gold as Best Form of Investment, Only 1.9% Would Invest in Crypto
A new study has found that nearly 43% of Turkish individuals surveyed consider gold to be the best form of investment, while just 1.9%...
The world of crypto and fiat are not compatible today, says MoneyGram CEO
The cryptocurrency market has recorded massive growth in recent years but there is still a long way to go to achieve worldwide adoption....
Investors dumping on Terra as LUNA 2 tanks 70% in two days
The price of Terra (LUNA) has tanked around 70% since the re-launch of the Terra ecosystem via Terra 2.0 on May 28. Under the revival plan...
‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week
Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs. In what should provide some desperately needed...
Youtuber NasDaily’s Bitcoin buy is $200K underwater: ‘Be greedy and HODL’
Youtuber NasDaily endured a Bitcoin (BTC) baptism by fire. The entrepreneur and influencer with over 50 million followers invested...
Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH
Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing,...
Dogecoin up 5%: it’s trending on news of soon being accepted for SpaceX merchandise
SpaceX CEO, Elon Musk, has noted that the company will start accepting Dogecoin (DOGE) payments for its merchandise. The news comes after...
Highlights May 30: Week opens with impressive bull run of the crypto market
The crypto market is booming with all top 100 coins in the green at the time of writing. Top cryptos Bitcoin gained almost 6% in the...
Former Nintendo President States Gaming Companies Are Marching to the Metaverse
Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse...
Top places to buy LUNA, the token of the new Terra 2.0 blockchain
After the Terra 2.0 blockchain was launched by Terraform Labs, it peaked at almost $20, only to shed 73% of its value the next day....
AKRO is rallying, up 13% today: here’s where to buy AKRO
The live Akropolis (AKRO) price today is $0.0056 with a 24-hour trading volume of $176.6 million. At the time of writing, Akropolis was up...
Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated
Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created...
PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale
PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet...
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per...
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more...
Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist
Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.”...
Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%....
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate...
Cardano has retreated by 90% from its all-time highs – Can it turn around?
Cardano (ADA) has officially entered the bear market. The coin has been on a downward retreat for the last few months. Although there have...
Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop
The month of May was dominated by news of LUNA’s crash. This came after its dollar-pegged stablecoin UST fell by nearly 90% against...
Polkadot could still hit a bull run despite uncertainty
Polkadot (DOT) has finally managed to stop its prolonged correction. The price appeared to have settled a bit after bottoming at around...
High Volume Breakout could see sandbox hit $2.6
The Sandbox (SAND) has remained down for the best part of two weeks. Although there are some cases where the coin showed some bullish...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in...
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in...
Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May
Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range. BTC/USD 1-day...
Tips to claim tax losses with the US Internal Revenue Service
Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in...
F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships and more
Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships,...
In the Economy 3.0, metaverses will create jobs for millions
Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the...
SpaceX to follow Tesla in accepting DOGE payments for merch: Elon Musk
Just four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to...
What is ApeCoin and how does it work?
The first quarter of 2022 was abuzz with the talks about ApeCoin (APE), a cryptocurrency adopted to be the native coin of Bored Ape Yacht...
F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships, more
Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships,...
Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement...
Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users
China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland...
Identity is the antidote for DEXs’ regulation problem
Regulators from Europe, the United States and elsewhere are busily hammering out details on how to designate decentralized exchanges...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary...
Is there a secure future for cross-chain bridges?
The plane touches down and comes to a halt. Heading to passport control, one of the passengers stops at a vending machine to buy a bottle...
Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics
The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has...
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the...