Quick Look
Trading Platform Pipe Launches Alternative Financing Solution for Bitcoin Miners
The company worked with Compass Mining for several months before launching the product. Source
Micro-Investing App Acorns Adds Bitcoin Exposure Option
Users of the savings and investment platform can now allocate up to 5% of their accounts to the ProShares Bitcoin Strategy ETF. Source
Bitcoin Mining and ESG: A Match Made in Heaven
As clean energy gradually gets cheaper, mining operations will help subsidize green projects, writes the CEO of mining firm CleanSpark....
Ombudsman Receives Complaints About Crypto Investments in Spain
The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have...
First Mover Americas: Goldman's Crypto OTC Trade Revives Hopes of Institutional Demand; Lido Token Rallies
As bitcoin's post-Fed bounce stalls, the shape of the Treasury yield curve may keep risk appetite under check. Source
Crypto tattoos to the moon! Bitcoin and Doge ink searches doubled last year
The crypto ecosystem houses some devoted followers who got the logo of their favorite cryptocurrency etched on their skin for life....
Paradigm Invests $8.75M in DeFi’s Ribbon Finance
The protocol automates crypto derivatives strategies for the lay DeFi trader. Source
Cryptos Reclaim $2T Capitalization, Cardano’s ADA Leads Gains in Majors
Crypto markets added nearly 3.2% to overall capitalization in the past 24 hours, data show. Source
Mars4 Embraces a Multi-Chain Future With PancakeSwap Listing
Investors from all over the world are looking for the freshest projects to increase their returns. They might come across the MARS4...
Draper University Partners With VeChain to Train Web 3 Founders
The broader Draper Network of investment funds was an early backer of the blockchain platform for supply chain and business process...
Cardano, Solana and Other Non-ETH Tokens the Focus of New Grayscale Smart Contract Fund
It’s the fund manager’s 18th investment product and third diversified fund offering. Source
Crypto Exchange Coincheck to List on Nasdaq via $1.25B Merger
Coincheck, one of Japan's largest cryptocurrency exchanges, has agreed to a merger with Nasdaq-listed special purpose acquisition company...
Morgan Stanley Sees DeFi Remaining ‘Fairly Small’ as Growth to Slow
The exponential growth seen in decentralized finance (DeFi) in recent years may be set to slow owing to hurdles such as regulation and...
Highlights March 22: Major cryptos in the green, Powell comments end markets run
The crypto market as a whole is bullish today. Major cryptos were in the green over the past 24 hours. CNBC is reporting that Goldman...
Animoca, Coinbase Ventures Back $5M Seed Round for Metaverse Gaming Studio Block Tackle
The studio’s first release will be SkateX, where players can buy their own skateboard NFTs and vote on decisions about the game. Source
Crypto Exchange MEXC Global Leads $150M Fetch.ai Development Fund With Huobi, Bybit
The money will be used to encourage more developers and projects to work on the Fetch.ai ecosystem. Source
Biswap is up 84% on news of prominent listings and airdrop: where to buy Biswap
Apart from news of the airdrop of a lucrative new token called Biswap (BSW), the cryptocurrency is surging on a Binance and Mandala...
Report: Number of African Cryptocurrency Users up by Nearly 2,500%
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of...
Bitcoin hits 3-week high as fresh impulse move sends BTC price to $43.3K
Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000. BTC/USD 1-hour candle chart (Bitstamp)....
Bitcoin hash rate may see ‘small capitulation’ with difficulty set for new all-time high
Bitcoin (BTC) set a new all-time high for hash rate last week, but opinions are divided as to whether the uptrend can continue. In a...
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains...
3 Reasons Bitcoin Is Staying Resilient to Powell's Hawkish Remarks
The inversion of the yield curve signals the Fed may compromise in the future, so it's a good sign in part, one trader said. Source
Cross-Border CBDC Payments Are 'Viable,' Says Report From Central Banks of Australia, Malaysia, Singapore and South Africa
The tool to enable paying using different assets, tested by Australia, South Africa, Singapore and Malaysia, is the latest foray into...
Colombians Take Legal Action Against Binance for Blocking Their Funds
An account blockade that happened more than five months ago due to money laundering issues has prompted some Colombian users of Binance to...
Tommy Hilfiger to Showcase Spring 2022 Collections and NFT Wearables at Decentraland’s Metaverse Fashion Week
On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March...
Crypto market selling pressure remains Asia dominated: Glassnode
The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to stay ahead of...
DeFiance Capital founder loses $1.6M in hot wallet hack
Founder of major crypto investment firm DeFiance Capital, “Arthur_0x”, has suffered a hack on one of his hot wallets resulting in the loss...
Nepalese Police Investigate Actress Priyanka Karki for Possible Involvement in Crypto Scheme
Nepalese actress and model Priyanka Karki is being questioned by the police after her picture was found in promotional material for a...
Nestree Introduces NFT Aggregator Beta Service to Help Improve Usability and Overall Performance
PRESS RELEASE. Nestree is a blockchain-based community messenger that is incentivized in nature. It is also a messaging platform that...
Ether Tops $3K For First Time in 2 Weeks
The native coin of the Ethereum network had dropped to as low as $2,500 earlier this month before beginning a steady climb. Source
The $10 million LUNA Twitter bet – who will win?
Key Points The biggest risks to Terram and where its price will be in one year Why LUNA isn’t competing against Ethereum Can 20%...
Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people...
Bitcoin poised around $41k amid fresh risk-off sentiment
Bitcoin (BTC) was holding above $41,000 on Monday evening following an intraday dip towards the $40k support as risk-off sentiment...
UK Advertising Regulator Issues 'Red Alert' Guidance on Crypto Ads
The U.K.'s advertising regulator has issued an enforcement notice to over 50 companies that have advertised cryptocurrency advising them...
Why Loopring could test $1 soon
Loopring and other Ethereum layer-2 solutions are set to explode as Eth 2.0 is now close to becoming fully operational. Loopring has an...
Convex Finance could test $25 soon – The price action is bullish
Convex Finance rallies as more DeFi protocols integrate it. Convex is also benefiting from increased bullish momentum in the broader...
Shiba Inu breaks 100-day MA resistance: Can bulls sustain momentum?
Shiba Inu is trading in the direction of Bitcoin and the broader market. This is a good indicator as buying volumes are rising across the...
2 metrics signal traders do not expect $2T crypto market cap anytime soon
Cryptocurrencies failed to break the 42-day long downtrend after the $1.95-trillion capitalization resistance was rejected on March 20....
Ether bulls eye resistance at $3K as the network prepares to undergo ‘The Merge’
A new week in the cryptocurrency market has brought more of the same sideways price action that the wider ecosystem has experienced in...
OCEAN gains 86.4% in March ahead of Q2 launch of Ocean v4
Data security and accessibility have become important issues of the modern age as the world slowly progresses towards a Web3 future that...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and...
First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises
Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment. Source
Crypto Exchange Blockchain.com Acquires Altonomy’s OTC Desk
Blockchain.com confirmed the deal to CoinDesk. It significantly expands the exchange’s crypto OTC network – especially in the altcoin...
FTX Invests $100M in Banking App Dave, Forms Partnership for Crypto Payments
FTX US will serve as the exclusive partner for any crypto offerings offered via Dave. Source
Metria Network: Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps
PRESS RELEASE. Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic...
Bitcoin Miner Mawson Increases Q4 Revenue 79% From Previous Quarter
The company also raised its hashrate guidance for next year by 10%. Source
Ray Dalio’s Bridgewater Investing in Crypto Fund: Sources
It’s the first signal to date that the world’s largest hedge fund is taking crypto seriously with its own money. Source
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data...
Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold
Bitcoin (BTC) traded roughly flat on Monday, although the Fed's plan for aggressive rate hikes caused a slight pullback intraday....
What Layer 1 Protocols Must Learn From the Telecom Crash
Layer 1 networks competing with Ethereum was a major investment theme in 2021. Source
Crypto Funds Suffer Second Straight Week of Outflows
Crypto Funds Suffer Second Straight Week of Outflows Source
Bitcoin Lower for Second Day as Price Slides Toward $40K
Cryptocurrency analysts are divided on lingering bitcoin market impact of recent Fed rate hike decisions. Source
India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch
India’s proposed crypto taxation law will take effect on 1 April this year. Ashish Singhal, the co-founder and CEO of India’s...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter...
The Future of Ethereum Sucks, and I Feel Fine
Ethereum is going to eat the global economy. The price of that growth, however, is going to be a slow drift away from the decentralized,...
Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further
CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite ALGO rising to its highest level...
Bitcoin Fades From Resistance; Support at $37K-$40K
Bitcoin (BTC) continues to struggle near the $40,000 resistance zone after overbought signals appeared on the charts. Still, pullbacks...
Goldman Sachs executes first over-the-counter crypto trade
Goldman’s over-the-counter crypto transaction was facilitated by Michael Novogratz’s Galaxy Digital Holdings. Goldman Sachs is...
SEC Delays Spot Bitcoin ETF Offerings From WisdomTree and One River
The move continues a pattern by the U.S. securities regulator of denying or not taking action on all spot bitcoin ETF applications. Source
Bitcoin ‘could easily see $30K’ with stocks due to 30% drawdown in 2022 — Analyst
Bitcoin (BTC) opened the Wall Street trading session with a spike to over $41,500 on March 21 as last week’s late gains endured. BTC/USD...
Crypto Mining, the Energy Crisis and the End of 'ESG'
How a European war made an argument about mining moot. This op-ed is part of Mining Week. Source
Luna token price is soaring, but is the network’s growth sustainable?
Terra, an open-source blockchain platform for algorithmic stablecoins, has been on fire over the last half-year or so. The value of its...
Terra price signal that preceded an 80% LUNA rally is back
A technical setup that preceded an 80% price rally in the Terra (LUNA) market in August 2021 has appeared again. LUNA paints bullish MACD...
RUNE rally: A closer look at THORChain’s new synthetic assets
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent...
Price analysis 3/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin (BTC) and most major altcoins are attempting to start the new week on a positive note by bouncing off their respective support...
Abu Dhabi Free Zone Seeks Comments on NFT Rules
A consultation paper looks to bring NFTs into Abu Dhabi's existing regulatory framework for virtual assets. Source
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since...
Bitcoin, Ethereum Technical Analysis: ETH Stays Above $2,900 as Traders Eye $3,000 Ceiling
Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains....
Struct Finance raises $3.9M in seed round funding for structured DeFi products
Strut Finance, a DeFi protocol built on Avalanche, has announced the completion of a $3.9 million seed round funding aimed at raising...
The TIE Valued at $100M as Data Service Courts Institutional Crypto
The Bloomberg Terminal-esque product raised $9 million in strategic funding. Source
First Mover Americas: CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out
As bitcoin's post-Fed bounce stalls, the shape of the Treasury yield curve may keep risk appetite under check. Source
Tennis Player Naomi Osaka Becomes Latest FTX 'Ambassador,' Joining Tom Brady and More
The tennis star gets shares in the global crypto exchange as part of the deal. Source
Social Media Crypto Advice, Gamification Targeted by Global Standard-Setters at IOSCO
Tackling crypto and other investment scams might need international coordination, says the International Organization of Securities...
Don’t Call it a Comeback: The Unlikely Rise of Home Bitcoin Mining
Even with the surge in popularity, home mining only accounts for a skinny slice of the industry’s overall pie. Source
LunaFi unveils betting protocol with decentralized house pools
LunaFi has taken blockchain technology to another level after launching a betting protocol with decentralized house pools. Anyone can...
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside Source
Turning losses to wins: How a Ponzi victim became a crypto evangelist
Losing money to a Ponzi scam is not the ideal introduction to the crypto ecosystem. Thankfully, Mark Dave Manansala gave crypto and...
Will Belarus Lure Crypto Miners Amid Sanctions, Russia-Ukraine War?
Despite favorable business conditions, a country’s political environment can deter international capital. Source
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent...
Crypto users in Africa grew by 2,500% in 2021: report
Cryptocurrency adoption in Africa is on the march, despite socioeconomic factors and headwinds. A positive report by cryptocurrency...
What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain
CoinDesk reporters traveled across Europe and North America to capture the diversity of cryptocurrency mining facilities. Source
EU vote on Bitcoin mining: What does it mean for the industry?
Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s...
Introducing CoinDesk’s Mining Week
Our reporters visited crypto mining farms around the world, interviewed key players and crunched network data to shed light on a...
GrePay and Alchemy Pay Partner to Expand Crypto Payments
PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer...
Goldman Sachs Conducts First Over-the-Counter Crypto Trade With Galaxy
Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into...
After Short-Lived Ban, NY Town Is Still Reckoning With Crypto Miners Next Door
Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers...
Highlights March 21: Major cryptos slide, US indices surge
Major cryptos were in the red over the past 24 hours. The three major US indices all surged last week as a slowdown in the Russia-Ukraine...
Blockchain Startup’s Digital Identity Solution Made Available to 50,000 Zimbabwean Patients
Flexid Technologies, a blockchain startup promoting the use of digital identities, said its solution was recently used by thousands of...
Traders Bet on Ether Staking After Eth 2.0 Upgrade
Among other reasons, ether staking yields are likely to be 10%-15% following the Eth 2.0 upgrade. Source