Quick Look
Report: 100,000 Cubans Are Using Cryptocurrencies to Bypass Financial Sanctions
On May 2, 2022, a report stemming from the broadcast television and radio network the National Broadcasting Company (NBC), 100,000 Cubans...
Bored Ape 1% Club makes me sad I quit my trad-fi job
What a circus this weekend turned into in the NFT world, and I don’t mean the good kind (are there any good kinds of circuses? They...
Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor...
ALGO price in danger of 25% correction despite Algorand–FIFA partnership hype
Algorand (ALGO) prices rallied higher on May 3 after becoming FIFA’s official blockchain solution provider. Nonetheless, the...
Is Bitcoin price optimism fading after the crypto market’s rocky April?
Bitcoin (BTC) topped out at around $46,000 on April 4 before freefalling back to $38,000, causing much frustration among crypto traders...
Record-high surge in Ethereum Name Service domains triggers 90% rally in ENS
A handful of industries and tech workers are shifting from Web2 to Web3 and with this move, awareness of blockchain technology is also...
3 reasons why Bitcoin price is clinging to $38,000
Bitcoin (BTC) has been unable to break from the 26-day-long descending channel. Investors are uncomfortable holding volatile assets after...
Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina
Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is...
Ethereum price prediction for May 2022
Ethereum price has gone nowhere in the past few days as investors eye the upcoming interest rates decision by the Federal Reserve. The ETH...
Kraken opens waitlist for its NFT marketplace
Kraken NFT marketplace will reportedly allow zero gas fees on all NFT trades on the platform. Major crypto exchange Kraken has announced...
Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers
Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial...
Cryptovoxels Is Rebranding to Voxels
PRESS RELEASE. Cryptovoxels, one of the most significant players in the metaverse space, is rebranding to Voxels. The rebrand will happen...
Crypto is attracting the “smartest and brightest minds”: Paul Tudor Jones
Paul Tudor Jones told CNBC on Tuesday that crypto is attracting the best talent in the world today. This includes “the smartest and...
Biggest Movers: ALGO Boosted by FIFA Partnership News, as AVAX and Near Rise Higher
ALGO was up by nearly 20% during today’s trading session, following the news of a partnership with football’s governing...
Blockchain games take on the mainstream: Here’s how they can win
Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in...
Bitcoin nervously awaits Fed as Paul Tudor Jones says ‘clearly don’t own’ stocks, bonds
Bitcoin (BTC) kept investors guessing on May 3 as markets awaited May 4’s Federal Reserve comments. BTC/USD 1-hour candle chart...
eToro lists API3, UMA
Leading trading and investment platform eToro announced the listing of API3 and UMA (Universal Market Access). API3 API3 API3...
Dubai’s Virtual Assets Regulatory Authority to launch headquarters in The Sandbox
Dubai’s Virtual Assets Regulatory Authority (VARA) has announced that it shall create a metaverse headquarters in The Sandbox...
SEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’
The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC...
Bitcoin, Ethereum Technical Analysis: BTC Below $40,000 Prior to Wednesday’s Fed Meeting
BTC continued to trade below $40,000 prior to Wednesday’s FOMC meeting, as crypto markets anticipated a potential rate hike. ETH...
Bit2me launches a new office in Brazil to expand its operations
Bit2me, a Spanish cryptocurrency exchange, has taken a bold step to expand its operations to Latam. According to a local media statement,...
Cardano price drops to level that sparked a 65% ADA rally in March — will history repeat?
Cardano (ADA) price has been rebounding after falling to the worst levels since February 2021. Meanwhile, a technical fractal suggests...
Ethereum Name Service Domains Surpass 1 Million Registered Names
Ethereum Name Service, or ENS, surpassed a million created names this week, according to statistics from the crypto metrics dashboard Dune...
Copper launchpad to host YGG SEA token IDO
The Copper launchpad will host the upcoming initial DEX Offering (IDO) of YGG subDAO Yield Guild Games Southeast Asia’s governance...
Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil
The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in...
PETO is down 10%, is it time to buy the dip? Here’s where to buy PETO
The token of Petoverse hit an all-time high on May 1 and its ads went live on Etherscan, which the platform’s team considered an...
Top places to buy HNT, which is back on track and climbing
Helium’s coin HNT dipped after a recent rally, but it’s starting to gain again. There has been some positive news around...
Bitcoin of America Launches New Website and Blog
PRESS RELEASE. Bitcoin of America has officially launched a newly redesigned website and blog. The popular operator has created an all-new...
Algorand is rallying on lucrative partnership, up 19%: here’s where to buy Algorand
After announcing it has become FIFA’s official blockchain, Algorand went on a wild rally. Apart from adding almost a fifth to its...
Crypto users will reach 1 billion users within a decade, says Brian Armstrong
Coinbase’s CEO believes the number of people using cryptocurrencies will increase over the coming years. Coinbase CEO Brian...
Bitcoin price prediction as US bond yields surge
The Bitcoin (BTC/USD) price remained in a tight range as investors reacted to the relatively resilient US Treasury yields. Bitcoin is...
Hawaii Senate committees favor task force to regulate crypto, blockchain
Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved...
Here is why Algorand is up by nearly 20% today
Algorand is the best performing coin amongst the top 30 cryptocurrencies by market cap today. The cryptocurrency market has continued its...
‘More likely’ BTC price will hit $100K before Bitcoin sweeps $30K lows, forecast says
Bitcoin (BTC) may not crash below $30,000 and instead jump to $100,000 before sweeping its lows. That was the opinion of popular trader...
Global Asset Manager Vaneck Launches Community NFT Project — 1,000 NFTs to Be Airdropped This Week
Vaneck, a global asset management firm with $85.5 billion in assets, is releasing 1,000 non-fungible tokens (NFTs) this week....
ALGO jumps 21% after Algorand announces partnership with FIFA
As we head up to FIFA World Cup 2022 in Qatar, FIFA, the world’s football governing body, has been working on establishing strong...
Former Nintendo President Believes Gaming Experiences Could Benefit From Blockchain And ‘Play to Earn’ Models
Reggie Fils-Aimé, the former president of Nintendo of America, has offered his take on blockchain and play to earn models when...
Algorand adds 21% after becoming official FIFA blockchain
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. This daily recap will cover some...
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant...
GameFi Project ArchLoot Provides NFT User Builder for Creative Playability
PRESS RELEASE. Singapore, May 3, 2022 – NFTs have disrupted the gaming industry with their unique benefits. It has been gaining...
Rhode Island proposes crypto rewards for green home builders
A bill was proposed in Rhode Island’s House of Representatives that would credit a house builder in a “green coin” cryptocurrency for...
Crypto Industry Lobbies Against Bills Targeting Russian Oligarchs Evading Sanctions Using Cryptocurrency
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid...
Finder’s Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030
A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and...
MEXC Global Officially Lists Leader in Web 3․0 Gaming – UniX Gaming!
PRESS RELEASE. Zug, Switzerland – 2nd May 2022. UniX Gaming is delighted to announce that they are now officially listed on MEXC, a...
Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K
The start of May has seen a continuation of the weakness in crypto and equities markets and at the moment, there is no indication of any...
Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K
The last time Bitcoin (BTC) traded above $50,000 was Dec. 27, 2021. Since then, four months have passed, but traders seem somewhat...
Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environmental Concerns
Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by...
Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout
Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its...
Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT
The U.S. equity markets opened on a tentative note on May 2 but a minor positive is that the crypto markets led by Bitcoin (BTC) are...
Bitcoin miners rebut claims made by US Democratic legislators to EPA administrator
The Bitcoin Mining Council (BMC) responded to a letter sent to the United States Environmental Protection Agency (EPA) administrator...
Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto
Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the...
1.9M BTC could fall into unrealized loss if Bitcoin dips to $33K: Glassnode
Bitcoin is trading around $38,385 on Monday, 2 May, still struggling against the bearish pressure seen over the past several months. The...
Zilliqa price prediction for May 2022: Will it rebound?
The Zilliqa price crashed to the lowest level since March 26th this year as demand for the coin retreated. The coin is trading at $0.676,...
NYM token jumps by over 32% after concluding a $300M fund round to develop mixnets
NYM token has rallied by over 30% following Harry Halpin, NYM CEO, and announcement on raising a $300 million fund towards its mixnets...
Transient Presents: SPLASH – Your Web3 Home of Prediction Pools
Transient is thrilled to present to users Splash, a decentralised hub for prediction pools covering all possible outcomes across a huge...
Crypto.com hires ex-Visa regulatory chief as VP of policy for EMEA
Crypto.com, a top cryptocurrency exchange and trading platform available across the globe, has added a former Visa regulatory chief to its...
Telegram Users Can Send and Receive Toncoin Within Messenger Chats
Telegram users can now send and receive toncoin directly within the application’s chats, according to a tweet by The Open Network...
DAOs: A blockchain-based replacement for traditional crowdfunding
The crypto space witnessed phenomenal growth in 2021. Buzzwords like nonfungible tokens (NFTs), decentralized finance (DeFi) and the...
Bitcoin ‘bear market’ may take BTC price to $25K, says trader with stocks due capitulation
Bitcoin (BTC) may continue its “bear market,” one trader says amid hope that a U.S. dollar reversal could soon improve BTC price action....
Has New York State gone astray in its pursuit of crypto fraud?
The Empire State made two appearances on the regulatory stage last week, and neither was entirely reassuring. On April 25, bill S8839 was...
Flux and Terra collaborate to integrate ecosystems
Flux and Terra will collaborate to integrate their ecosystems and deliver users the best of Web3. The cooperation will focus on deep...
MEXC Global officially lists UniX Gaming native token, Unix
The UniX Gaming native token, UniX, has been officially listed on MEXC Global, one of the top 20 exchanges. The listing comes shortly...
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S....
XRP price rebounds after worst month since June 2021 — major recovery ahead?
XRP opened May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the...
Fed ‘will determine the fate of the market’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with much to make up for after its worst April performance ever. The monthly close placed BTC/USD firmly...
Why is LUNA up by more than 4% today?
The cryptocurrency market is experiencing a mixed start to the week, but LUNA is performing above the other leading coins. The broader...
CRO token down 12% after Crypto.com reduces rewards on Visa Cards
Cronos (CRO) has become one of the worst-performing cryptos, trading at $0.310417, down 12.86% in the last 24 hours. One of the main...
Lack of transparency among project auditors a big problem, says Hacken CEO
Cryptocurrency project auditors need to take more responsibility regarding the smart contracts they audit. Dyma Budorin, the CEO of...
Bitech introduces green energy mining solution
Bitech Technologies Corporation, an international technology solution provider, plans to expand its business to focus on introducing...
Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction...
Highlights May 2: Cryptos mixed, Cronos sheds 15%
The crypto market as a whole is mixed with most top 100 coins adding or losing 1-5% of their value at the time of writing. Top...
Global Metaverse Event of Lydian․World in Dubai Opera 7th May 2022 – Worldwide Football Superstars Invite You
PRESS RELEASE. Football Superstars such as: Roberto Carlos Mario Yepes David Trezeguet Michel Salgado Fernando Hierro Lucas Radebe, Invite...
Ethereum burning spikes to new high on Yuga Labs’ NFT hype
The burning rate of Ethereum has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots...
Report: Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange...
Bitcoin ATM installation slowdown continues for 4th month in 2022
April 2022 marked the fourth consecutive month of a slowdown in the installation of Bitcoin (BTC) ATMs, ever since the slowdown began at...
Solana price prediction for May 2022: Worrying pattern forms
Solana price held steady on Monday morning even as the network’s outage challenges continued. The SOL token is trading at $90.50,...
ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing...
Passive Income Cyborgs: Battle Borgz Publicly Launches on KICK․IO
PRESS RELEASE. NFTs are not a temporary trend. NFTs are here to stay. Although analysts are still in the process of realizing the full...
Samsung Group Investment Arm to List Blockchain ETF on Hong Kong Exchange
Samsung Group’s investment arm is reportedly set to list a blockchain exchange-traded fund (ETF) on the Hong Kong Exchange during...
Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem
Shark Tank star Mark Cuban has come up with a way to solve Twitter’s spam problem using the meme cryptocurrency dogecoin (DOGE)....
Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’
Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business...
Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT
The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The...
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200...
The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out...
Solana restarts after bots cause a 7-hour outage
The Solana Mainnet Beta had lost consensus after a flood of transactions – reportedly 4 million per second and at over 100gbps...
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs
While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users...
NFTs, DAOs and the importance of roadmaps
this JPEG can have sex with this JPEG and make a new baby JPEG? Say what?” When CryptoPunks started out in 2017, they seemed silly to...
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for...