Quick Look
Bitcoin shakes of Fed volatility as analysts remain split on return under $24K
Bitcoin (BTC) circled $30,000 on May 18 after fresh comments from the United States Federal Reserve sparked n volatility. BTC/USD 1-hour...
Aave price risks a 25% plunge as a classic bearish reversal pattern emerges
Technical analysis suggests that a recent uptrend in the price of Aave (AAVE) is showing signs of exhaustion based on early development of...
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct...
The Lightning Network Lunch: A Bitcoin contactless payment story
The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods...
Highlights May 18: Major cryptos down, KNC and Chiliz lead the way
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Top cryptos Most major cryptos...
FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network
Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage....
You can now buy KNC, which gained 33% today: best places to buy KNC
The token of Kyber Network gained 22% yesterday and added another third to its value today, retesting highs from last week. How will its...
IDEX is exploding, up 56% in 24 hours: here’s where to buy IDEX
IDEX is soaring due to limited coin supply among other reasons. It ranked first in a chart released by the prominent Hoo Exchange on May...
Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic...
Algoracle Announces $1․5 Million Seed Round
PRESS RELEASE. Algoracle has recently announced the close of its seed round for $1.5 million (USD) to help accelerate the development and...
Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report
Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the...
German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
Birgit Rodolphe, an executive director at Germany’s Federal Financial Supervisory Authority (BaFin) has called for innovative and...
Internet Service Company Cloudflare to Run Ethereum Validator Nodes as Part of Its Web3 Focus
Cloudflare, an internet services and DDoS protection company, has announced a new strategy regarding its Web3 experiments. The company...
Analysts note parallels with March 2020: Will this time be different?
Analysts in both crypto and traditional markets have noted some startling similarities between the recent downturn and the one caused by a...
DOJ Files First Criminal Complaint Against US Citizen Allegedly Using Cryptocurrency to Evade Sanctions
The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent...
Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’
Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and...
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
There are early signs of the “dust settling” in the crypto market now that investors believe that the worst of the Terra...
LimeWire inks major deal with Universal Music Group for music-based NFTs
LimeWire, the new NFTs marketplace that sprung from the discontinued popular music app of the early 2000s, has scored a huge deal with...
Smart Token Labs supports Carla Chan and La Prairie in First NFT Drop
Manly, Australia, 17th May, 2022, Chainwire Bringing Art and Beauty Lovers Into Web3 The first NFT art collection from the world’s...
Bitcoin bottom not in yet, according to on-chain analysis
On-chain analysis is fascinating to me. Exclusive to the blockchain, it doesn’t exist outside of crypto. But in jumping on-chain, we...
Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still...
China returns as second-largest Bitcoin mining hub: report
Bitcoin mining has picked up again in China, a new report suggests. According to a study by Cambridge University, Bitcoin mining activity...
NFT prices take a gut punch as the crypto bear market deepens
Without fail, crypto has a way of humbling even the most self-assured and this market is definitely not for the faint of heart. NFT...
Tron price prediction: USDD concerns remain
The Tron price has been a bit volatile in the past few days as worries about its newly launched USDD stablecoin that has a close...
Maker (MKR) price could soon plummet as rising wedge forms
The Maker price has been in a consolidation mode in the past few days as investors assess the strength of the DeFi industry and its Dai...
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the...
The First Rewards Card for the Web3 World by The Crypto Card Club
PRESS RELEASE. An emerging NFT company, The Crypto Card Club, has developed an innovative system that aims to recognise and reward...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On...
Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these...
Madeira ‘embraces’ Bitcoin, and how its president met Michael Saylor
The tiny Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) — but what does that mean? The announcement, made during the...
Review: Bots abound in NFT castle-building game League of Kingdoms
With the development of gaming platforms, virtual items have also become a popular method of monetization, but most games store data on...
Shopify merchants can now accept crypto payments using Crypto.com Pay
Crypto.com, a growing crypto platform, has announced that Shopify merchants will now be able to receive crypto payments from customers...
Coinshift Closes $15 Million Series A Led by Tiger Global, Sequoia Capital India, Alameda Ventures
Sheridan, United States, 17th May, 2022, Chainwire Cash management company announces roadmap to build cutting-edge multichain treasury...
Investors poured $300 million into Bitcoin amid last week’s price weakness: CoinShares
Investors added to their positions during last week’s price dip, CoinShares said in their latest report. Bitcoin funds recorded...
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization...
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level
BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade...
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The...
SkillzVault and ESE Entertainment Win Gold at Muse Creative Awards 2022
PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal...
China returns as 2nd top Bitcoin mining hub despite the crypto ban
The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged...
Fear & Greed Index hits lowest since March 2020 even as Bitcoin price hits $30.5K
Bitcoin (BTC) returned to $30,500 on May 17 amid hopes that a retest of 2017 highs could be avoided. BTC/USD 1-hour candle chart...
What is P2P trading, and how does it work in peer-to-peer crypto exchanges?
What is peer-to-peer (P2P) trading? Peer-to-peer (P2P) trading is a type of cryptocurrency exchange method that allows traders to trade...
Here is why MATIC is up by more than 6% today
The cryptocurrency market has performed well over the past 24 hours as it slowly recovers from its recent slump. The broader crypto market...
US agencies warn against the influx of North Koreans in IT and crypto jobs online
The United States Department of Justice, State and the Treasury issued a joint advisery warning against the influx of North Korean workers...
Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic...
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
This week, 44 central bankers from developing countries around the world are attending a conference in El Salvador to discuss financial...
Portugal becoming its own enemy with 28% tax on bitcoin and crypto
Portugal’s finance minister has announced that cryptocurrency enthusiasts must take into account a 28 percent capital gains tax. A...
Highlights May 17: Cryptos continue to rally
The crypto market as a whole is bullish today. Most top 100 coins were in the green at the time of writing. Top cryptos Bitcoin...
Bitcoin․com Exchange Market Insights Report for May 2022
This is the May 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of...
Terra collapse could ‘accelerate’ crypto regulation by legislators, says Circle CEO
Terra’s recent collapse could hasten cryptocurrency regulation by legislators, according to Jeremy Allaire. Terra’s UST was...
Luna Foundation Guard Discloses Usage of Bitcoin Reserves
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it...
You can now buy Songbird, which gained 55% in 24 hours: here’s where
As Songbird’s lucrative token giveaway draws to a close, its value is rising exponentially. The live Songbird price today is $0.03...
JasmyCoin is soaring, up 20% today: here’s where to buy JasmyCoin
JasmyCoin has been gathering momentum since Binance announced a promotion of it about a week ago, but it’s still down around 50%...
Portugal to Tax Cryptocurrency Income According to Minister of Finance
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this...
Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen,...
Portugal to lose crypto tax haven status as state announces gains duties
To the chagrin of many Golden Visa seekers, Portuguese Finance Minister Fernando Medina has confirmed that his country will begin taxing...
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and...
Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities
Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often...
Top undervalued coins in play-to-earn that you should watch in 2022
The crypto industry has been diversifying quite a bit in recent years. Play-to-earn and NFTs are perhaps two areas that are providing...
MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
Its been a rough couple of weeks for the cryptocurrency market. Bitcoin (BTC) price is nowhere near the price estimates of most analysts,...
DeFi Dips: Top coins to buy while the price is low
As crypto starts to see some recovery after major losses last week, keen investors will be scanning the market for the best dips to buy....
California regulator will revisit long-running ban on crypto donations on May 19
A California state regulator may be looking at overturning a ban on cryptocurrency donations to political campaigns which has been in...
Boom to burst: Will Terra (LUNA) ever return to $120 again?
The crypto news cycle over the last two weeks has largely been dominated by Terra (LUNA). The coin went from being one of the top ten most...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS...
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
Winston Churchill’s statement to “never let a crisis go to waste” can be applied across many aspects of society, including the recent...
Anchor Protocol (ANC) wrecked by Terra’s crash – Is there hope for recovery?
Before the UST de-pegging and the eventual collapse of Terra (LUNA), the Anchor Protocol (ANC) was one of the biggest DeFi platforms in...
Tezos (XTZ) aims for $2 after consolidating above a key support zone
The crypto market is stabilizing after steep losses last week. Most coins are trying to generate demand for bullish runs, and Tezos (XTZ)...
Do Kwon outlines fork proposal as he seeks to save Terra
The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC), with UST removed from the new chain. Terra should fork to...
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra...
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis...
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin (BTC) has been relatively calm during the weekend as crypto traders try to rebuild the markets after the Terra LUNA debacle. With...
Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the...
Avalanche price prediction as bullish comeback fades
The Avalanche price continues to move in a sideways direction as the cryptocurrencies industry remains on edge. AVAX is trading at $33.40,...
Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
The selling in Bitcoin (BTC) is showing no sign of abating and Bitcoin has fallen for seven straight weeks for the first time ever. This...
Sandbox price prediction as a bearish pennant pattern forms
The Sandbox price remained in a tight range as investors reacted to the new roadmap plan for LAND holders. SAND is trading at $1.3225,...
CoinJournal targets growth with launch in 14 new languages
02 February 2022 Investoo Group’s leading cryptocurrency site, CoinJournal, is going live in fourteen new languages, extending The...
Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA)...
In uncertain times for crypto, the seriesOne LIVA fund provides the hope of stability
Dubai, UAE, 15th May, 2022, Chainwire Featured image via JJ Ying on Unsplash Crypto investors around the world are panicking. The current...
33 central banks and 12 financial authorities to meet Nayib Bukele to discuss BTC
Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today...
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger...
Luna Foundation Guard confirms it sold 80,081 bitcoins to try prevent the UST crash
Luna Foundation Guard, an organization that supports the Terra ecosystem, has confirmed through an announcement that they sold 80,081...
Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents
As the market continues to mourn over losses on the Terra (LUNA) UST and LUNA debacle, DEI, a stablecoin used as a collateral mechanism...
Biggest Movers: XMR and SOL Higher on Monday
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was one of the biggest...
What really goes on at a crypto OTC desk?
Over-the-counter, or OTC, trading refers to any trading that is not done via an automated exchange. What exactly is OTC trading? Who does...
Niftables launches its NFT platform for brands and creators
Niftables has launched its nonfungible token (NFT) platform in a bid to make it easier for brands and content creators to monetise their...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,”...
Anonymous Turns to CultDAO for Support Against Unjust Government Actions
London, UK, 12th May, 2022, Chainwire Anonymous, the international activist group responsible for white-hat hackings, announced that it...
80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?
The Luna saga continues. In a Twitter thread, the team behind the failed algorithmic stablecoin UST and the token LUNA shared precisely...
CBDC activity heats up, but few projects move beyond pilot stage
Government-issued electronic currency seems to be an idea whose time has come. “More than half of the world’s central banks are now...
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor....