Quick Look
Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax Partnership
Cryptocurrency exchange Coinbase (COIN) is giving users the option to receive their tax refunds in crypto, the company announced in a blog...
Kanye West, NFTs and 'Building Real Products in the Real World'
Earlier this week, the American rapper and entrepreneur Kanye West implored people to stop asking him to do a “f***ing NFT.” There was...
Technical Analysis: Gamestop Partnership Sends IMX 35% Higher
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology....
The Five Big Risk Vectors of DeFi
As the decentralized finance (DeFi) market grows, the subject of risk is taking center stage. DeFi holds the promise of automated,...
Jump Trading Backstops Wormhole’s $320M Exploit Loss: Sources
After one of the most devastating exploits in crypto history, the parent company for a popular cross-blockchain bridge has stepped in to...
Social Media Site Stocktwits Taps FTX to Launch Crypto Trading Service
Stocktwits is the latest online finance firm to add crypto trading in a bid to court users looking to branch out from traditional...
Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole
Solana (SOL) became one of the worst performers among the top cryptocurrencies on Feb. 3 as traders assessed its links with the...
Fighting Back Against Data Centralization
The internet has played a significant role in shaping the way people live today. Just about everything a person does with their lives is...
Crypto News Roundup for Feb. 3, 2022
This episode is sponsored by Kava.Today's Stories:Bitcoin Turns Lower From Bearish Trendline; Support at $35.5KTech Stocks Set to Drop...
India’s Prime Minister Modi: Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The...
Loopring Names CTO Steve Guo as CEO, Replacing Founder Wang
Loopring, an Ethereum-based project that helps developers to build decentralized exchanges (DEX), named Chief Technology Officer Steve Guo...
This metric shows Bitcoin is at its ‘4th most oversold’ level in history,’ says analyst
The entity-adjusted dormancy flow has historically been used to mark potential price bottoms in the Bitcoin market. Bitcoin continues to...
US Federal Reserve is making some analysts bullish on Bitcoin again
Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the United States dollar on...
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session....
Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout
Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000...
Crypto donations jumped nearly 16x in 2021, new report says
2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto...
Paris Hilton Drops Autobiographical NFTs on Origin Story Marketplace
Socialite and hotel heiress Paris Hilton has launched a series of autobiographical non-fungible tokens (NFTs) dubbed “Paris: Past Lives,...
Canadian Bitcoin ETF sees its third-biggest daily inflow ever
Canada-based Purpose Bitcoin ETF attracted over $38 million worth of Bitcoin (BTC) this Tuesday, its third-largest daily inflow to date....
Are Crypto Assets Securities?
Last September, after perhaps the most “2021” of all possible 2021 insider-trading scandals, NFT marketplace OpenSea’s head of product,...
Report crowns Solana for using least energy per transaction, but there’s a catch
Solana (SOL), one of the most active proof-of-stake (PoS) blockchains, appears to be a PoS protocol consuming the lowest amount of...
Kraken Says Proof-of-Reserves Audit Shows $19B in Bitcoin and Ether
Kraken on Thursday announced the results of a proof-of-reserves audit showing the crypto exchange held $19 billion in bitcoin and ether....
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for...
Bitcoin sets lower lows as 2021 BTC price resistance taunts hodlers
Bitcoin (BTC) fell further pre-Wall Street on Feb. 3 as analysis revealed old resistance levels had returned to haunt bulls. BTC/USD...
Bitcoin cae por debajo de línea de tendencia bajista, con soporte en $35.500
Bitcoin no logró penetrar la resistencia técnica crítica a principios de esta semana y ahora se encuentra frente a un nivel de soporte de...
Web3 developer growth hits an all-time high as ecosystem matures
“Web3” may be one of the biggest buzzwords of 2022, but the idea of creating an entirely decentralized platform to host decentralized...
SoftBank Leads $60M Funding Round for B2B Payments Platform Tribal
Tribal Credit, a business-to-business payments and financing platform for emerging markets, has raised $60 million in a Series B funding...
GensoKishi Online Initiates First NFT Auction
PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of GensoKishi Online, which received the ‘Game of...
An Incumbent Enters the Disruption Game
Beyond the popularity of investing in digital assets, futurists envision blockchain technology as a disrupter poised to reshape the entire...
Bank of Russia Approves Atomyze as First Digital Asset Issuer
Bank of Russia announced on Thursday that Atomyze has become the first company in the country to be put on the central bank's list of...
Messari
Founded by Ryan Selkis in 2018, Messari provides crypto market intelligence products that help professionals navigate crypto/Web3. It...
Crypto Insurance Firm Evertas Wins Lloyd’s of London Approval
Evertas, an insurance platform focused on the cryptocurrency space, has been granted approval to call itself a Lloyd’s of London...
Bored Ape Yacht Club Creators in Funding Talks With Andreessen Horowitz: Report
Yuga Labs, the startup behind Bored Ape Yacht Club, is in talks with venture capital heavyweight Andreessen Horowitz (a16z) over a funding...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms...
Nintendo President Vague on Company's Metaverse Plan
The president of Nintendo says the games company will hold off on expanding into the metaverse until it can be sure that the medium will...
Central Bank Preview: ECB, BOE Have Scant Leeway to Influence Bitcoin
The U.S. Federal Reserve has emerged as one of the most influential entities in the bitcoin market in the wake of the coronavirus...
GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund
After tipping off its plans for the metaverse in a Web 3 job posting last October, GameStop is partnering with Immutable X for the launch...
Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining
The electricity consumption in Russia's Irkutsk region rose fourfold in 2021 due to grey mining, as the government ponders new crypto...
Bitcoin Turns Lower From Bearish Trendline; Support at $35.5K
Bitcoin failed to penetrate critical technical resistance earlier this week and is now staring at a support level of $35,500.Prices...
Long-Term Buyers Unfazed by Bitcoin's Recent Drop to $33K
Long-term bitcoin holders were unfazed by the cryptocurrency's drop in the last few months.Prices for bitcoin fell to as low as $33,100 in...
6 Top Cryptocurrencies You Can Stake: An In-Depth Guide
Despite the crypto market’s wild volatility, holding cryptocurrency long term has proven to be an effective trading strategy when it comes...
Sports NFTs: How To Get in the Game
If you’re an avid sports fan, cryptocurrency is rarely out of reach. Look around you: After deals worth hundreds of millions of dollars...
Market highlights February 3: Cryptos in the red, Alphabet tops SPX500 on strong earnings
The crypto markets were in the red this morning, with the majority of the top 10 cryptos registering losses over the past 24 hours. Google...
Russia's Minister of Finance Suggests Letting Banks Sell Crypto: Report
Russian Minister of Finance Anton Siluanov reiterated the ministry's stance on regulating rather than banning crypto, and suggested...
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A...
LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0
PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on...
Solana price drops by 9%: all you need to know about the Wormhole Bridge hack
Solana's price has taken a hit again after attempting to correct the recent drop. This time the price is dropping after a bridge between...
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The Internal Revenue Service (IRS) offered a Tennessee couple a refund on income taxes paid for unsold staking rewards as part of what...
No end to Quant’s rally in sight: top places to buy Quant now
Quant was the biggest winner in the top 100 biggest coins by market cap yesterday. Today, its rally continues. It has added a third to its...
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s...
Solana's SOL Tumbles 10% After $326M Wormhole Exploit
Prices of Solana’s SOL token dipped below the $100 mark after attackers took advantage of an exploit on Wormhole, a popular bridge between...
You can now buy OOKI, which gained 85% today: here’s where
OOKI is surging on news of a Binance listing among others. Look no farther than this article if you want to know what OOKI is, whether...
Strike is up 51% in 24 hours: here’s where to buy Strike now
The live Strike price today is almost $44 with a 24-hour trading volume of just under $800 million. Strike is up 51.11% in the last 24...
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the...
China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in...
Texas Crypto Miners Shuttering Operations as Winter Storm Approaches
A number of crypto miners in Texas are already shutting down some or all their operations, as the region awaits an Arctic blast that is...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did...
Bitcoin price dips below $37K as a descending channel pattern comes back into play
The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from...
Wormhole token bridge loses $321M in largest hack so far in 2022
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the...
Fidelity Discusses Future of Crypto Ecosystem — Says Bitcoin Is ‘a Superior Form of Money’
Fidelity Digital Assets has released a report explaining why bitcoin is a superior form of money. The report discusses the future of the...
Best two undervalued crypto to buy in February
When many people hear about cryptocurrencies, the first ones they think of are bitcoin and ethereum. Though these two most popular tokens...
Loopring vs. Polygon: which one is a better buy?
Key points: Both Loopring and Polygon are Ethereum layer-2 solutions. Layer-2 solutions are set to rally as Ethereum 2.0 comes to...
Filecoin v Tezos, which one is a better buy?
Key points: Both are undervalued and could rally as the market turns bullish. Tezos has more potential due to its growth in the NFTs...
Should you buy Chainlink over Near Protocol?
Key points: Both Near Protocol and Chainlink have strong fundamentals. Chainlink has an edge in terms of adoption. Chainlink is highly...
Polkadot V Kusama, which one is a better buy?
Key points: Both Polkadot and Kusama are heavily undervalued. Both are the brainchild of Ethereum co-founder Gavin Wood. Polkadot...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum
Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for 93,750...
First Mover Asia: Crypto Prices Plunge Late After Weak Meta Earnings
Good morning. Here’s what’s happening:Market moves: Bitcoin ended its two-day winning streak with heavier selling pressure during late...
Sushiswap V Uniswap: Which one is a better buy?
Key Points: Both Uniswap and SushiSwap are good investments. Uniswap has an edge because of its market dominance. Sushiswap...
Monero v Zcash: Which is a better buy?
Key points: Both are well-known for their strong privacy. Monero has a much better reputation in the privacy market. Both could rally as...
Battle for authenticity heats up in world’s most popular NFT collection
In a Discord post published on Wednesday, Matt Hall, the core developer at Larva Labs, the entity behind the popular CryptoPunks v2 and,...
Stellar (XLM) – Can it really hit $6 by 2022?
A lot of experts have been giving very positive outlooks for Stellar (XLM). While different predictions have appeared, there seem to be a...
FTX Enters Japanese Crypto Market With Acquisition of Regulated Crypto Exchange
Cryptocurrency exchange FTX has announced the acquisition of Liquid, which operates a regulated Japanese exchange, Quoine. The two...
UK Tax Regulator Updates Guidance on Staking and DeFi Lending
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, has updated its guidance on the taxation of returns from decentralized...
Cardano (ADA) rallies more than 20% in 10 days – Here is why it won’t go further up
After seeing a massive sell-off at the start of the year, Cardano (ADA) has started to make some gains. Although the coin still remains...
Federal Reserve Board Nominees Bring Blank Slate on Crypto Views
The U.S. Senate Banking Committee hearing of President Joe Biden's three nominees to the Federal Reserve Board might carry limited...
Solana (SOL) could crash by nearly 30% even after the recent bullish run
Solana (SOL) has in recent days been a top performer in the crypto market. But as bulls continue to push the price action further, SOL is...
Price analysis 2/2: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin (BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal may have resulted in aggressive selling by the...
A Crypto Guide to the Metaverse
The metaverse isn’t just a sci-fi term anymore.When technology changes our lives, it’s not often by surprise. The internet, the smartphone...
Meta Reports a Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
Meta Platforms (META) reported that it lost $10.2 billion in 2021 on its newly broken out Facebook Reality Labs (FRL) division, which...
Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $250M
One of the most popular cross-blockchain bridges may have been the victim of a hack worth over $250 million on Wednesday.In a tweet, the...
Market Wrap: Bitcoin Bounce Pauses on Low Volume
Bitcoin (BTC) traded lower on Wednesday after a brief price bounce over the past two days. Buying activity has been weak following the...
India Heading Toward Crypto Legalization?
This episode is sponsored by Nexo, Arculus and FTX US.Download this episodeOne of the key themes for 2022 is the...
Neopets Pitched a Metaverse Pivot. Fans Balked
What’s crypto’s hottest play-to-earn, NFT-based pet game?If you guessed Axie Infinity, you’re right – but the Neopets Metaverse team...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted...
Paradigm Offering 'Futures Spread Orderbooks' on Deribit and Bybit
Paradigm, an institutional, over-the-counter investment firm, is now offering a feature that allows users to trade futures spreads as a...
Coinbase, Genesis Highlight Massive Institutional Growth at MicroStrategy Conference
Speaking with MicroStrategy CEO Michael Saylor at the Bitcoin for Corporations conference, Head of Coinbase Institutional Brett Tejpauln...
Fed's Hawkish Pivot May Not Last, Bitcoin Analysts Say
As markets swoon in the face of the Federal Reserve's recent pivot to tackle inflation, some crypto analysts are already calling the U.S....
A Crypto Wallet by Any Other Name…
What’s the right term for a cryptocurrency wallet? This was barely a discussion a few years ago, when a “wallet” almost always described a...
Bitcoin Slides Below $38K; Support Above $35K
Bitcoin (BTC) failed to sustain a bounce above $38,000, although short-term buyers could remain active above the $35,000 support level....
NFT Platform Pixel Vault Closes $100M Investment
NFT development platform Pixel Vault has closed a $100 million funding round, the startup announced on Wednesday.The company said that the...