Quick Look
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...
Elon Musk: We’re Approaching a Recession but It’s ‘Actually a Good Thing’
Tesla CEO Elon Musk believes the U.S. economy is approaching a recession but he explained why it is “actually a good thing.”...
Bitcoin price action decouples from stock markets, but not in a good way
This week the stock markets began to flash a little green and Bitcoin (BTC) is decoupling from traditional markets but not in a good way....
JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals
Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On...
Avalanche v Solana – Which one is a better buy?
After the Terra collapse, increased risk perception could see AVAX outperform SOL. Key Points: Avalanche is a platform blockchain that can...
The increasingly acute need for crypto-native insurance
The insurance industry has a long history of providing vital support for major leaps in innovation. It’s no coincidence that the modern...
Identity and the Metaverse: Decentralized control
“The Metaverse” and “Web3” are the buzzwords of the moment, with their concepts permeating across the worlds of fintech, blockchain, and...
Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?
The crypto market has been on a downward trajectory since the tail end of 2021. In early May 2022, it culminated in a dip that impacted...
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra...
Bitcoin price stuck below $29K as Terra LUNA comes back from the dead
Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down. BTC/USD 1-day candle...
NFT 2.0: The next generation of NFTs will be streamlined and trustworthy
Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head...
Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%
While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token...
STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out?
A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion. GMT’s price has...
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two...
Biggest Movers: DOGE Climbs Following Spacex News, XTZ Rebounds From Recent Losses
DOGE rose on Saturday, following yesterday’s tweets from Elon Musk confirming that Spacex could soon accept the memecoin as a...
Shiba Inu v Dogecoin – Which one is a better buy?
Shiba Inu’s deflationary tokenomics give it a clear edge over Dogecoin Key Points: Both SHIB and DOGE have strong prospects for...
ApeCoin v Decentraland – Which one is a better buy?
While both are primed for a huge bounce back, APE has better odds Key Points: ApeCoin is the leading Metaverse cryptocurrency today....
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell...
Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported
PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its...
Russia Considers Using Cryptocurrencies for International Settlements
Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the...
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency...
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the...
Tether launches its USDT stablecoin on the Polygon network
Tether, the world’s largest stablecoin company, has launched its USDT stablecoin on the Polygon network bringing its utility to the...
STEPN (GMT) price surges 20% a day after STEPN said it’ll block GPS services in China
STEPN, the most popular fitness-focused Move-to-earn game, shared an official announcement stating that they will block geolocation (GPS)...
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the...
Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE...
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm...
Ankr’s (ANKR) bearish outlook continues as the coin struggles to escape major resistance
Ankr (ANKR) continues to show bearish signs and could remain on the downside for weeks. The coin is suppressed below several crucial...
Three DeFi coins to buy by the end of May
DeFi has stagnated somewhat for most of 2022. Even though most projects in this area have shown a lot of promise, the price action for...
Top 3 metaverse coins to put in your portfolio
There is a lot of hype and talk about the metaverse and what it can bring to human interaction. Also, in the last few months, we have seen...
Litecoin (LTC) breaks below crucial support – What to expect next
After days of trading sideways and showing very little appetite for trending upwards, Litecoin has finally broken below a crucial support...
Apecoin (APE) to bottom at $5 as weakness continues
Apecoin (APE) has been showing strong bearish signs over the past week. The coin is now in steep decline as broader weakness in the market...
STEPN (GMT) drops by 37% in minutes – Here is why
STEPN has dominated the news cycle in crypto over the past few weeks. The coin is one of the most popular lifestyle web3 projects that...
Polygon (MATIC) offers a significant opportunity for short-sellers
Polygon (MATIC) has started to stabilise after a series of bearish streaks over the last few weeks. The coin has also fallen sharply from...
3 projects on Solana that could revolutionise P2E gaming and the metaverse
Solana is one of the biggest blockchains in the world. The project was in fact referred to as the ultimate “Ethereum Killer”...
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible...
Bulgarian Crypto Trader Disappears Under Mysterious Circumstances
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials...
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he...
What’s happening with Waves’ rollercoaster 2022 price action?
Rollercoaster is a term frequently used in cryptocurrency. It’s certainly the first bit of vocabulary that comes to mind when...
How StableFunds Has Made It Extremely Easy to Trade Altcoins
UK-based StableOne’s newest venture, an app called StableFund, is spearheading a new outlook on crypto. This innovative app is all...
Biggest Movers: DOT Rebounds Following Recent Losses, as RUNE Moves Toward Multi-Week Low
Following two consecutive sessions of declines, DOT saw its price rebound on Friday, as it moved away from a multi-week low. While DOT...
Digital platform SeaCoast is born, a leader in coastal nautical digital technology
Madrid, España, 27th May, 2022, Chainwire SeaCoast is born, a digital platform that democratizes the management of content and...
Why You Must Know About Cryptocurrencies To Understand NFTs
Most people are, at this point, familiar with cryptocurrencies as they have been around for quite a while now. However, in more recent...
A beginner’s guide to crypto: Advantages and risks of the digital currencies
If you’re still new to crypto, chances are you’re both curious and a little overwhelmed. But should that worry you? Not at all...
Terra 2.0 launch delayed to 28 May as major exchanges announce LUNA airdrop support
Terra 2.0 will now launch its mainnet on 28 May 2022, the team behind the blockchain has announced. While the announcement made via its...
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356...
Bitcoin, Ethereum Technical Analysis: ETH Selloff Intensifies Heading Into the Weekend
ETH was trading lower for a third straight session on Friday, as prices neared an 11-month low. This comes whilst the overall...
USDT stablecoin launches on the Polygon blockchain
The USDT stablecoin is now available on various blockchains, including Ethereum, Polygon and Tron. Tether Operations Limited...
Tezos-powered Red Bull Racing NFT collection goes live
Oracle Red Bull Racing presented its second NFT series with a unique auction at the Monaco Grand Prix. The collection, which will be...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes...
Binance NFT Marketplace launches “Rh!noX by BinaryX” NFT Collection
Binance NFT Marketplace has announced via a tweet the launch of “Rh!noX by BinaryX” NFT Collection on its Marketplace. The...
TRX: Tron price has rebounded but USDD is a major risk
Tron has had a spectacular month in May even as other cryptocurrencies have pulled back and others crashed. The TRX token is trading at...
GMT price prediction: Here’s why Stepn could crash to $0.50
Stepn’s GMT token has had a spectacular fall from grace in just a few months. After soaring by more than 30,000% recently, the GMT...
Binance to Advise Kazakhstan on Crypto Regulations
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The...
Highlights May 27: Investors show preference for Bitcoin at expense of altcoins
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Bitcoin fell slightly, altcoins did...
Bitcoin could dip below the $28k resistance level soon
The cryptocurrency market could end the week in losses as the bearish trend continues. The cryptocurrency market has been in a bearish...
Chamber of Representatives in Paraguay Advances Crypto Bill
Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of...
Bitcoin will find its footing in the short term, says Grayscale CEO
Bitcoin has lost more than 50% of its value since hitting an all-time high of $69,000 in November 2021. The cryptocurrency market has been...
Eurovision Song Contest 2022 Winners Release NFT for Ukraine Charity Auction
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, are auctioning off an NFT for charity. The auction started May 25 on...
After Defaulting Sri Lanka Plans to Print $2.8 Billion Worth of Rupees, Inflation Rate Expected to Top 40%
The government in crisis-stricken Sri Lanka has said it will print more money and cut spending on infrastructure as part of an attempt to...
JPMorgan Foresees Increased Blockchain Use in Finance — Prepares to Offer Related Services
JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to...
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball...
Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets
With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in...
Huobi Global Acquires Latin American Crypto Exchange Bitex
The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in...
UST skyrockets as Terra’s 2.0 airdrop nears
UST has skyrocketed over the past 24 hours. The coin is getting closer and closer to regaining its dollar peg. The surge comes as Terra...
Origin Protocol (OGN) still vulnerable despite recent consolidation
The Origin Protocol (OGN) has consolidated quite impressively over the past 7 days. The coin had seen a major sell-off in previous weeks....
Alchemy Pay’s recent 80% surge is now wiped out – What next
At the start of May 24th, most coins in the market were trying to consolidate after a major crash a week prior. But Alchemy Pay (ACH)...
Portuguese Parliament Rejects Crypto Tax Proposals During Budget Debate
Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids...
Binance Coin (BNB) could target $450 despite stagnation
Binance Coin (BNB) has faced some stagnation in the price action over the past week. The coin has largely traded sideways, but there is...
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the...
DeFi shake-up following Terra collapse, as DAI roars back to prominence
Now that the dust has settled from the spectacular Terra collapse, I thought it would be interesting to dive into the DeFi space and see...
VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform
PRESS RELEASE. Miami, FL – VAST, the multimedia NFT marketplace that dropped the first-ever NFT sitcom featuring Snoop Dogg and The...
The HBAR Foundation backs MMO games developer Vavel Games’ launch on Hedera
Valverse is Vavel Games’ first foray into the world of Web3 and the metaverse. The HBAR Foundation, the organization that seeks to...
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25...
Ethereum (ETH) price drops 5% on stability doubts as its POS merge approaches
Ethereum (ETH) price has experienced a sharp drop as stability doubts immerge as Ethereum blockchain proof-of-stake (PoS) merge...
Biggest Movers: AVAX and ATOM Over 10% Lower on Thursday
AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM...
Ankr partners with Pocket Network to offer a more decentralized Web3 ecosystem
Ankr, which is one of the fastest-growing Web3 infrastructure providers, has announced its partnership with Pocket Network, a blockchain...
Here is why SAND is up by more than 4% today
SAND is the best performer amongst the top 50 cryptocurrencies by market cap so far today. The cryptocurrency market has continued its...
Decentralized social crypto trading platform, NAGAX launches staking features
NAGAX, a decentralized social crypto trading platform, has announced the launch of its crypto staking feature. Users will be able to stake...
Crypto is not something that can be ignored anymore, says NEAR Foundation CEO
The cryptocurrency market has recorded massive growth over the past few years. Marieke Flament, the chief executive officer of Near...
Ankr price prediction as the protocol boosts partnerships
The Ankr price made a bearish breakout on Thursday even after the company partnered with Pocket Network. The token is trading at $0.0357,...
OFR closes major funding round with support from ex-Binance executives
Old Fashion Research (OFR), a multi-strategy blockchain investment fund, has closed a major funding round with support from notable former...
Tether launches a new stablecoin dubbed MXNT that is pegged to the Mexican peso
Tether has launched a new stablecoin that will be pegged on the Mexican Peso as the stablecoin blockchain makes its debut in Latin...
Ethereum’s Beacon Network Deals With a 7-Block Chain Reorganization
On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m. (UTC) at block height 3,887,075 all the way to...