Quick Look
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage...
Why the Bitcoin ‘mid-halving’ price slump will play out differently this time
Some analysts believe the four-year market cycle is changing and that the halving schedule may no longer determine cyclical conditions as...
Tom Brady’s Autograph, ESPN Launch Network’s First NFT Collection
The collection will feature images of the likely Hall of Fame quarterback and coincide with the release of a docuseries on Brady’s career....
Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’
The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright...
Cosmos-Based Juno Blockchain Pushed Offline in Apparent Attack
A malicious smart contract has put the network out of commission for over 24 hours and comes less than a month after a controversial...
Heroes of Arcan Announces Community-Driven Heroic Fantasy Play-to-Earn Game
PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic...
Ethereum traders eye the 61.8% Fib level if ETH fails to hold the $3.2K support
The cryptocurrency market is nearly completely red on April 6 after hawkish comments from multiple members of the Federal Reserve...
First Mover Asia: South Korea's 'Kimchi Premium' Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
The gap between bitcoin prices on Korean crypto exchanges compared to global counterparts has declined from 20% to about 3% over the past...
Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC), the entire crypto sector and the S&P 500 index are correcting on April 6, which highlights the tight correlation...
Top Talent Is Migrating to Web 3
Chief Investment Officer of Rockaway Blockchain Fund takes an investors view on the talent wars between Web 3 and Web 2. Source
SEC Approves Teucrium's Bitcoin Futures ETF
The U.S. Securities and Exchange Commission has allowed NYSE Arca and Teucrium to issue a bitcoin futures exchange-traded fund. Source
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The...
Meta Exploring Non-Blockchain-Based Virtual Currency: Report
In addition, the company’s plans for NFT features on both the Facebook and Instagram platforms continue to advance. Source
SenseiNode Raises $3.6M as LatAm’s First Blockchain Infrastructure Firm
The company, operational for six months, already works with 11 protocols and plans to deploy 500 nodes by the end of 2022. Source
Grayscale Shuffles Mixed Crypto Funds: Adds AVAX, DOT, ATOM; Drops SUSHI, SNX
The asset manager announced changes to a trio of diversified crypto funds. Source
Market Wrap: Altcoins Underperform as Traders Reduce Risk
Bitcoin (BTC) and other cryptos traded lower on Wednesday. Altcoins underperformed, indicating a lower appetite for risk among crypto...
Fed Officials Discussed Shrinking Assets by Up to $95B a Month
Members of the Federal Open Markets Committee (FOMC) said they are "well places" to start shrinking the central bank's balance sheet...
Research Shows 19% of Bitcoin’s Hashrate Is Managed by Publicly Listed Companies
According to findings stemming from a report published by Arcane Research, Bitcoin’s hashrate is steadily going public as an...
Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength
Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with April 6’s drop below $44,000, there is still mounting...
Top US Lawmaker Proposes Sweeping Stablecoin Regulation Framework
U.S. Senator Pat Toomey (R-Pa.) introduced a bill to create a three-pronged regulatory framework for stablecoins on Wednesday. Source
Terra’s Do Kwon Buys $230 Million of Bitcoin
Do Kwon targets $10 billion BTC to back TerraUSD (UST). Terraform Labs founder and CEO Do Kwon added Bitcoin worth $230 million to Luna...
Waves Founder Blames Short Sellers for Its Woes. Here's Why That's a Red Flag
To longtime finance observers, blaming shorts often looks like the last desperate deflection of a project in denial about its own...
Bitcoin Extends Pullback Toward $40K-$43K Support
Bitcoin (BTC) broke below a month-long uptrend, which means sellers are in control. Pullbacks appear to be short-term within a broader...
El Salvador President Nayib Bukele Calls Off Bitcoin 2022 Conference Appearance
Bukele had previously teased that he would be making an important announcement at this year’s conference. Source
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added...
Biggest Movers: SOL Slips Over 10%, as RUNE, WAVES Down Nearly 20%
Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest crypto’s to fall during the...
XRP Army Drives Bumper Sales in Ripple Stock Despite SEC Probe
Since launching two years ago, tech equity platform Linqto has sold some $50 million in private shares of Ripple Labs. Source
Custom NFT Marketplace Creaticles ($CRE8) Announces Fantom Integration as Part of Multi-Chain Expansion
PRESS RELEASE. Boston, 6 April 2022 – Creaticles ($CRE8), the world’s first NFT Requests Marketplace matching NFT buyers to...
Litecoin price risks 20% drop as LTC whale activity spikes to monthly highs
The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have...
Bitcoin slides below $44K in April first as trader warns ‘something is off’ with BTC
Bitcoin (BTC) continued its downturn into Wednesday’s Wall Street open with its first test of $44,000 since the start of April. BTC/USD...
Building businesses in the ‘spirit of Bitcoin’: The Bitcoin Hostel
A Bitcoin (BTC) hostel is coming to Portugal’s shores. As it’s Europe’s first Bitcoin-only hostel, Cointelegraph spoke with the founders...
Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds
According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day...
DeFi can breathe new life into traditional assets
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized...
ProShares Aims to Let Investors Bet Against Bitcoin With New ETF
The company filed an application with the SEC for the Short Bitcoin Strategy ETF. Source
Axie Infinity creator secures $150 million in a funding round led by Binance
The funds will be used to refund Axie Infinity users who lost their assets after a hacker exploited Sky Mavis’ Ronin validator nodes...
A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months....
Pantera Capital Eyes ‘Mature’ Crypto Companies With New $200M Fund
The Pantera Select Fund will focus on “revenue-generating companies,” the crypto VC firm said in an investor letter. Source
CoinTracker Survey Shows Only 25% of Crypto Holders Are Prepared for Tax Season
Almost three-quarters of respondents said they were looking for more help on how to manage their crypto taxes. Source
NFT LA: Attract the mainstream, focus on Web3 and use cases
Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the...
10 Safest Cryptocurrencies to Invest in
Cryptocurrencies are becoming popular among both retail and institutional investors. There are now thousands of coins that are valued at...
Are CBDCs kryptonite for crypto?
Central bank digital currencies — digital currencies backed by a central bank — have received renewed interest with the United States...
BitPay Merchants to Get a Boost From Lightning Network Payment Integration
The crypto payments provider on Wednesday announced immediate support for Bitcoin Lightning Network payments. Source
Nexo launches Nexo Prime, a digital asset prime brokerage platform
Nexo, the leading regulated institution for digital assets, has launched a propriety prime brokerage platform called Nexo Prime. The new...
ConsenSys Settles Lawsuit With Former Venture Capital Chief Kavita Gupta
The ugly spat involved a pair of dueling lawsuits. Source
First Mover Americas: Bitcoin Dip Buyers Versus Adverse Macro; Fed Minutes Eyed
The latest moves in crypto markets in context for April 6, 2022. Source
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was...
Block Notifies 8.2M Customers After Breach of Cash App Investing
A former employee improperly accessed reports related to U.S. customer accounts. The reports did not contain personally identifiable...
Deltec, Chainalysis, Robinhood and More Join Crypto Market Integrity Group
Thirteen major players in the crypto industry have joined forces with the Crypto Market Integrity Coalition (CMIC), an industry-led...
Binance.US Raises First Funding Round at $4.5B Valuation
The $200 million fundraise will be used to ramp up marketing ahead of a public listing in “the next two to three years,” a spokesperson...
Interpol Apprehends CEO of Generation Zoe, an Alleged Cryptocurrency Scam in Argentina
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto...
Kevin Smith to Issue ‘Comedy-Horror’ Film as NFTs on Secret Network
Quentin Tarantino released his “Pulp Fiction” NFTs on the same Cosmos-based blockchain back in November. Source
Blockchain.com Teams With Altis Partners on Asset Management Platform
Blockchain.com Teams With Altis Partners on Asset Management Platform Source
Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC
The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.” Source
Crypto Trading Firm Wintermute Launches Zero-Fee OTC Platform
Wintermute Node will compete with other institutional trading platforms in a bid to expand the firm’s client base. Source
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data...
Near Protocol Raises $350M
Hedge fund giant Tiger Global led the funding round. It’s Near’s second nine-figure raise this year. Source
3 reasons why Ethereum price can hit $4K in April
Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google...
Bitcoin transaction fees hit decade lows, here’s why
It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according...
Luna Foundation Guard Adds Nearly $230M of Bitcoin to Stack
The foundation now has bigger exposure to bitcoin than the U.S. electric-car maker Tesla. Source
Sweden Wants to Test E-Krona Viability for Smart Payments
Trials by Riksbank have shown that offline payments can work using the CBDC, but the central bank is also looking at privacy concerns....
Goldman Sachs Group Inc. plans to provide OTC Ether options trading
Goldman Sachs Group Inc. has announced plans to offer over-the-counter (OTC) Ethereum (ETH) options trading. According to the bank's...
Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms
The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services...
Coin Metrics Raises $35M for Crypto Data Provision
The crypto intelligence company raised $35 million in a funding round led by Acrew Capital and BNY Mellon. Source
Georgia joins forces with IMF in regulating crypto
Georgia has been in a tough position since the start of the war in the east. Ukraine and Russia are the country's largest trading...
Can the IRS Track Bitcoin? Koinly Explains
The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again....
Sky Mavis Raises $150M Round Led by Binance to Reimburse Ronin Attack Victims
The round along with Sky Mavis and Axie Infinity funds will be used to refund users. Source
Highlights April 6: Major cryptos slide, US stocks dive
Major cryptos were in the red over the past 24 hours. Goldman Sachs will add over-the-counter options for Ether, which comes...
Metaverse Majors Struggle as User Base Falls Short of Market Expectations
Decentraland, Axie Infinity and The Sandbox have big valuations, but a low number of active users, compared with traditional games Source
Top places to buy Dogecoin, which gained 7% in 24 hours
After Twitter’s announcement of Elon Musk as the newest member of its board of directors, Dogecoin started to rally. Musk agreed to...
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a...
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High Source
You can now buy MULTI, which guarantees universal interoperability: here’s where
The solutions developed by Multichain, which uses MULTI as its native crypto, allow almost all blockchains to interoperate. The token is...
Bitcoin Slumps to $45K Amid Hawkish Fed, Buying Activity Remains Positive
Institutional adoption of bitcoin could boost confidence among those who have previously considered cryptocurrencies a poor investment,...
HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy aims to capture growth opportunities globally from the development of the metaverse ecosystem. Source
Troy is rallying today, up 14%: here’s where to buy Troy
One of the top-performing crypto coins today is Troy, the token of a global brokerage broker specialized in asset management in...
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the...
Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is...
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity...
Elon Musk Promises to Make ‘Significant Improvements’ to Twitter — Calls Crypto Spam Bots ‘Single Most Annoying Problem’
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant...
Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30%
The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and...
Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s...
MicroStrategy subsidiary adds another 4,197 BTC to balance sheet
On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission...
Point Labs Releases Full Roadmap to Web3
(Link to full roadmap here: roadmap.pointnetwork.io) With “web 3.0” suddenly upgrading from an obscure area of research to a...
First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown...
Riot Blockchain Bitcoin Mined Rises to 511 in March
The company also sold 200 bitcoin during the month, raising $9.4 million. Source
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly...
Zilliqa’s (ZIL) recent bull run is far from over – Is $0.5 coming next?
Zilliqa (ZIL) is hands down the crypto of the year so far. The coin has recently surged to unimaginable heights. Despite analysts...
Quantstamp (QSP) could rally to $0.1 – Here is how this will happen
As trade volume for Quantstamp (QSP) fell sharply over the last two days, the price action has somewhat slowed. It seems like the coin is...
Aave (AAVE) to continue recent uptrend despite rejection at crucial resistance zone
Aave (AAVE) has ranked among the top 5 best performing major crypto assets in the last two weeks. The coin has been on a major uptrend and...