Quick Look
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $40,000 yet Again, Following Brief Rebound on Tuesday
Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s...
Flexa Expands Payments Suite for Multiple Cryptocurrencies and Wallets
Flexa said its new feature will allow over 99 digital currencies for payment options. Source
Foundry to Buy Web 3 Company Upsate Interactive to Expand Blockchain Services
The deal is meant Foundry advance its decentralized infrastructure on a larger scale. Source
Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to ‘buy the dip’
The world’s first Bitcoin (BTC) spot price exchange-traded fund (ETF) is buying BTC again after a month of selling. Data from on-chain...
Crypto, Cannabis and SAFE Banking
The SAFE Banking Act Must Pass, But Why Wait for Banks to Protect Cannabis, When Crypto Offers Solutions Today? Source
KuCoin launches $100M Creators Fund
Leading crypto exchange KuCoin’s venture capital arm KuCoin Ventures and KuCoin NFT Marketplace-Windvane have launched a...
Wanchain partners with Input Output to improve Cardano’s interoperability
Wanchain is working to improve Cardano’s interoperability and make it easier to transfer assets between the blockchain and others....
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in...
Central African Republic Adopts Bitcoin as Legal Tender
Central African Republic has adopted Bitcoin as legal currency, according to president's office. Source
Gibraltar's Government Targets Crypto Market Manipulation With New Rules
Market manipulation has been an increasing risk among distributed ledger technology companies, Gibraltar’s Minister for Digital and...
Bitcoin Miner Blockmetrix Raises $20M in Debt From BankProv and CrossTower
The proceeds will go toward buying more mining machines and investing in joint infrastructure ventures. Source
Hong Kong Monetary Authority Invites Views on Retail CBDC
The Hong Kong Monetary Authority has issued a discussion paper inviting views on the key issues around a central bank digital currency...
Dogecoin price crashes as doubts about Musk Twitter buyout emerge
The Dogecoin price has recoiled sharply as investors raise doughts about Elon Musk’s acquisition of Twitter. After soaring to a...
So What if the Ethereum Foundation Holds Fiat?
The Ethereum Foundation disclosed in an annual report that nearly 20% of its treasury is made up of non-crypto investments. Source
Dragonfly Capital Raises $650M for Third Crypto Fund
The new fund will allow Dragonfly to lead rounds in later-stage companies, the firm said. Source
Former Homeland Security Chief Nielsen to Join Astra as Adviser
Another top aide to former President Donald Trump is joining the Swiss crypto startup, Astra Protocol. Ex-Secretary of Homeland Security...
Dogecoin, Terra Fall Steepest Among Majors as ‘Long’ Traders Lose $280M
Crypto markets lost some 3.5% in capitalization over the past 24 hours but seemed to gradually recover in European morning hours on...
Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'
A short squeeze occurs where an unexpected rise in the asset's price has bears unwinding their positions. Source
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects...
Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap
Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March. BTC/USD 1-hour...
New York State Assembly approves bill to place 2 year ban on PoW mines
In a bid to limit the environmental impact caused by Bitcoin mining in the state, the New York State Assembly passed a bill yesterday,...
Highlights April 27: Major cryptos plunge, 0x rallies on $70M funding round
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Top cryptos Bitcoin shed almost...
World's First Combined Bitcoin, Gold ETP Listed on SIX
The world's first exchange-traded product (ETP) that combined exposure to bitcoin and gold has been listed on the Swiss SIX stock...
Cardano Network Developers Increase Block Size by 10%
The upgrade did little to buffer up ADA prices in a falling market. Source
Dogelon Mars declines after reaching ATH in April: should you buy the dip?
Like all Elon Musk-related cryptocurrencies, Dogelon Mars soared on the Twitter buy news yesterday, reaching an all-time high for the...
Here is why ZRX is up by nearly 10% today
The cryptocurrency market has been underperforming over the past 24 hours and could record further losses soon. The broader crypto market...
Argentinian Tax Agency Supports Creation of Global Crypto Report System to Avoid Evasion
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency...
Bitcoin is less risky than bonds, says Michael Saylor
MicroStrategy has invested billions of dollars in Bitcoin over the past few years and intends to increase its investment. MicroStrategy...
FITFI soars 150% after premiering on multiple exchanges: here’s where to buy FITFI
FIFTI was listed on OKX, MEXC, Crypto.com, and a few other exchanges and saw its price rise exorbitantly as a result. Its trading volume...
Europe's Lawmakers Set to Advance Discussion of Controversial Crypto AML Rules
Talks on contentious anti-money laundering rules for the sector are reaching the closing stage, but some hope there’ll be wiggle room on...
New York State Assembly passes ban on new BTC mines that don’t use green power
The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW)...
Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Shows
“Most users who used Chivo after spending the $30 bonus do not engage with the app intensively,” the U.S. National Bureau of Economic...
National Assembly of Panama Advances Discussion of Cryptocurrency Law Project
The National Assembly of Panama has advanced a cryptocurrency law project that seeks to regulate cryptocurrency activity to give more...
Brazilian Senate Plenary Approves Bill Regulating Crypto Transactions
The bill will be voted on by the Chamber of Deputies and, if approved, can be vetoed by the executive branch. Source
Central Bank of Cuba to License Digital Asset Service Providers
Licenses will be valid for one year and may be extended for an additional year, the bank announced Tuesday. Source
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in...
New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power
The bill will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source. Existing facilities aren't...
Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs
OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an...
Robinhood cuts its full-time staff by 9%, shares fall sharply
Robinhood CEO Vlad Tenev said in a blog post on Tuesday that the “duplicate roles and job functions” were among the reasons...
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual...
Quik․com’s Limited NFT Domains Minting is Now Live
Buzzwords like NFTs, Web 3.0, and blockchain domains have infatuated everyone in the tech and crypto of late. The term Web 3.0 is now a...
Ethereum scaling solution Optimism upgrades governance structure
The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost...
US Senate confirms Lael Brainard as Fed vice chair
After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a...
First Mover Asia: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows
Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto....
Ethereum on-chain data hints at further downside for ETH price
Analyzing Ether’s (ETH) current price chart paints a bearish picture, which is largely justified by the 11% drop over the past...
Crypto Market's Direction During a Recession Might Depend on Nasdaq
Because of bitcoin's strong correlation to the tech-heavy Nasdaq 100 index in recent months, the cryptocurrency's performance during a...
Here’s why the growth of token staking could be bullish for Lido (LDO)
Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of...
Yield Guild Games Partner Ola GG Raises $8M to Expand P2E in Spanish-Speaking Markets
The funds will be used to acquire yield-generating NFTs and create language-specific educational content. Source
South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent
A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft...
Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K
The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk’s...
Robinhood Cuts 9% of Workforce as ‘Hyper Growth’ Slows
CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions. Source
Market Wrap: Cryptos and Stocks Fall; Bitcoin Trades Below $40K
Bitcoin (BTC) and other cryptos declined on Tuesday, tracking losses in stocks. Some analysts are watching for signs of a decisive...
Elon Musk Wants to Authenticate Every Twitter User. Crypto Twitter Should Take Notice
Elon Musk Wants to Authenticate Every Twitter User. Crypto Twitter Should Take Notice Source
The Future of Crypto Payments Will Be Centralized
Custodial Wallets will be the lynchpin of retail crypto payments. Source
Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to...
Lighting Payments Come to Mobile Games, Fueling Bitcoin Adoption
THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold....
Can Terra blockchain sustain its growth? Research report digs deeper
Cointelegraph Research fundamentally evaluates Terra in its 50-page report to provide an in-depth analysis of its recent updates,...
City of Fort Worth votes in favor of Bitcoin mining program
Fort Worth, Texas has launched a pilot program to mine Bitcoin in partnership with the Texas Blockchain Council. In a Tuesday city council...
ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What’s ahead?
ApeCoin (APE) underwent a modest selloff a day after the Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported...
Don’t Blame Crypto for Corruption
An IMF study that suggests crypto is facilitating corruption is off target. Source
Dogecoin (DOGE) surges after hitting lows in recent dip
Dogecoin (DOGE) is surging today. The coin has had a mixed 2022 and had recently bottomed at $0.109. However, it seems the fortunes...
Bitcoin Slips Toward $38K After Rally Fizzles
Russia's suspension of gas supplies to Poland appeared to darken the largest cryptocurrency's failed attempt to hold gains above $40K,...
Best cryptocurrencies with a market cap of above $500 million
Market cap is one of the most important metrics to watch when deciding which crypto assets to buy. Typically, investors prefer coins with...
Bitcoin Pullback Deepens, Support at $37K
Bitcoin (BTC) extended its pullback, although support at $37,500 could stabilize the down move. There is risk of a breakdown in price,...
Dip buying whales push Bitcoin (BTC) above $40,000 once again
After facing strong downward pressure over the last weekend, Bitcoin (BTC) has rebounded. The mega-cap coin has in fact...
Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing...
Twitter Wants to Be a Public Platform
Twitter Wants to Be a Public Platform Source
Solana (SOL) poised for a 25% drop – Here is why
Solana (SOL) has managed to surge past the psychologically crucial $100 mark. The coin is however only just above $100, and while...
Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC...
La Ciudad de Buenos Aires habilitará el pago de impuestos con criptomonedas
El gobierno de esa ciudad no recibirá criptomonedas, sino pesos argentinos, dijo el alcalde Horacio Rodríguez Larreta. Source
NFTs: the New 'Social Media Playbook'
How big businesses will really use NFTs. Source
SNACKCLUB secures $9M in Seed funding to boost blockchain gaming in developing countries
SNACKCLUB, a Web3 startup that’s the sister company to Brazil’s gaming giant LOUD, has raised $9 million in a seed funding...
Permission․io Is Migrating to Polygon Network to Globally Scale Web3 Advertising
PRESS RELEASE. San Diego, CALIF. – April 26, 2022 – Permission.io, the leading provider of permission-based Web3 advertising, today...
Web3 solutions aim to make America’s real estate market more accessible
America’s housing market may soon be facing its next bubble as home prices across the country continue to be fueled by demand, speculation...
FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer
FalconX became the first crypto native firm to formally register as a U.S. swap dealer this month, and the startup's chief executive...
Bitcoin vs. BTC miner stocks: Bitfarms mining chief explains key differences
Amid Bitcoin (BTC) mining stocks such as Hut 8 Mining touching multi-month lows, a major industry executive has outlined key differences...
CXIP Labs Taps Celebrity Investments in $6.5M Round for NFT Development Suite
The NFT-minting protocol has plans to launch a series of creator and enterprise targeted products. Source
Wen Lambo fixed? Mechanic receives first payment in Bitcoin to mend Lamborghini
The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company,...
Buenos Aires City to Allow Residents to Make Tax Payments With Crypto
The crypto will be converted to Argentine pesos by crypto firms before being handed over to the city, said Mayor Horacio Rodríguez...
What major sports are paying athletes in crypto?
After suffering significant losses due to issues stemming from the COVID-19 pandemic, the sports industry has turned to crypto to recoup...
Fort Worth to Become First US City to Mine Bitcoin
Fort Worth in Texas will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday. Source
Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add...
Bitcoin fails to hold $40K with traders still hoping for a BTC price relief bounce
Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours. BTC/USD 1-hour...
Fast, Fluid, Frictionless Payments Are the Future
For a technology to really hit the big time, it's got to evolve. Right now, we're still in the early adopter phase of crypto. It's hard to...
MicroStrategy to Offer Workers Bitcoin Options in 401(k) Accounts via Fidelity
CEO Michael Saylor’s tweet comes the same day Fidelity said it will begin offering bitcoin investments in its 401(k) accounts later this...
Grayscale Eyeing Expansion Into European Crypto Fund Market: Report
Grayscale Investments is eyeing expansion into the European market for crypto funds, Bloomberg reported Tuesday. Source
First Mover Americas: Bitcoin's Price Bounce Stalls; Options 'Max Pain' in Focus
The latest moves in crypto markets in context for April 26, 2022. Source
Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to...
The Lightning Network Is Bringing Payments Back to Bitcoin
The Lightning Network, which enables small and instant bitcoin payments, is getting bigger and more useful. Here's a state of play. This...
YGG SEA raises $15 million to promote play-to-earn gaming in Southeast Asia
Play-to-earn gaming is very popular in the cryptocurrency ecosystem and is set to gain adoption beyond the industry. Yield Guild Games...