Quick Look
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...
Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends
After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave....
Federal Reserve Bank of NY Lays Out Possible Stablecoin Scenarios
Stablecoins are growing so fast that regulators are starting to worry about their potential to undermine traditional bank lending.So this...
This Super Bowl, Don’t Trust Celebrity Crypto Endorsements (Don’t Trust Yourself, Either)
Global crypto exchange Binance will run a commercial warning against celebrity crypto endorsements during the upcoming National Football...
Why did WazirX token (WRX) jump 30% after India announced its big crypto tax?
WazirX exchange’s native token, WRX, benefited the most from India’s latest U-turn on crypto this week. WRX’s price jumps on India tax...
Major crypto exchanges eye Asian market amid growing regulatory clarity
Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region....
Navigating Platforms: Searching for the Best Audience, Brand Builds and Payouts for Creators
Twitter, Instagram, YouTube, TikTok: Which to choose? With so many popular social media platforms today, content creators may feel lost in...
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to...
BTC price dives with stocks as fresh sell-off sees PayPal shed nearly 25%
Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders. BTC/USD 1-hour candle chart (Bitstamp)....
Crypto News Roundup for Feb. 2, 2022
This episode is sponsored by Kava.Today's Stories:First Mover Asia: Crypto Prices Rise With Investors' Appetite for RiskCardano Developers...
Here is why Vulcan Forged (PYR) price is skyrocketing
Vulcan Forged (PYR) price is skyrocketing. At the time of writing, had gone up 17.14% to trade at $13.80 up 17.14% with a daily high of...
Don’t Listen to Celebrities Shilling Crypto, Says Binance Celebrity Ad
Binance has launched a new ad push ahead of the Super Bowl featuring NBA star Jimmy Butler. The message: Trust yourself and your own...
Crypto Market Snoozes Through ADP Payroll Shocker
This morning’s ADP jobs report for January missed expectations by a mile, showing a job loss of 301,000 vs. expectations for a gain of...
Unleashing Liquidity in DeFi Trading
Centralized exchanges (CEXs) have created opportunities for users to trade, buy and sell digital assets, but there are still thousands of...
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure...
Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls
Bitcoin miner Greenidge Generation said fourth-quarter preliminary revenue rose 23% from the third-quarter even as the number of bitcoins...
Rekt Capital: Bitcoin’s dip below mid-range support highlights $43-$48K as a key barrier
The analyst says February could see a green candle if $37,000 holds as key monthly support, which could potentially open the path to...
Cómo crear tu primer NFT: una guía paso por paso para principiantes
No soy Emily Dickinson, pero los últimos avances en la cultura de Internet —perdón, la cultura de la Web 3— me hacen pensar que puedo...
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum...
New Chainalysis Report Suggests NFT Crime Doesn’t (Always) Pay
The booming non-fungible token (NFT) market might look like an attractive place for crypto criminals looking to make a quick buck, but new...
Taxes don’t mean crypto trading automatically becomes legal, Indian tax official says
India’s Finance Minister had announced a 30% tax on all crypto income, including NFTs Tax chief JB Mohapatra says the step...
India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation
India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency...
Dune Analytics Raises Crypto’s Latest Meme Round: $69,420,000
One of Ethereum’s most popular data visualization and analytics platform is gearing up for expansion with a massive fundraising round.On...
Grayscale Launches First Equity ETF Tracking New Joint Index With Bloomberg
New York-based Grayscale, which is owned by Digital Currency Group, the parent company of CoinDesk, has launched the first equity...
Deutsche Bank Initiates Coverage of Metaverse Play Matterport, Sees Near 50% Upside
Deutsche Bank initiated coverage of metaverse play Matterport with a buy rating, calling the company a leader in the digitization of the...
All the world’s Bitcoin can only pay 2.43% of $30T US national debt
The United States’ national debt has passed $30 trillion — and even all the Bitcoin (BTC) in the world would hardly touch it....
Market highlights February 2: Cryptos mostly in the green, cruise stocks push US indices up
The crypto markets were in the green this morning, with the majority of the top 10 cryptos registering gains over the past 24...
Best places to buy UFO Gaming, the unique intergalactic social gaming token
UFO Gaming is a fully decentralized intergalactic social gaming token. It added almost a quarter to its value in the last 24 hours on news...
Just-In-Time Liquidity: How MEV Can Enhance DeFi on Ethereum
What is MEV?Behind the scenes of most major blockchains, shadowy super-coders and the bots they build are using the transparency of...
Here is the reason why QuickSwap (QUICK) has been rallying for the last two days
QuickSwap price has been rallying for the last two days. This bullish trend is a good start for the month and it is still green. On...
Report: Blockchain Among Technologies to Be Prioritized by Saudi Arabia’s IT Decision Makers in 2022
Blockchain is among six emerging technologies that will be prioritized by the Kingdom of Saudi Arabia (KSA)’s IT decision makers in...
South African Regulator Issues Warning on FTX, Bybit
South Africa's financial watchdog issued a notice warning consumers to be "cautious and vigilant" when dealing with crypto exchanges FTX...
You can now buy Adventure Gold, whose value doubled today: here’s where
The cryptocurrency Adventure Gold is rallying today, riding the success of the NFT market and metaverse tokens like MANA and SAND. The...
Silvergate’s Acquisition of Diem's Assets Positive for Stablecoin Launch, Analysts Say
Silvergate Capital’s planned stablecoin could benefit from the distribution and potential partnerships with Diem Association members and...
IDEX is skyrocketing, up 35% in 24 hours: here’s where to buy IDEX
The live IDEX price today is $0.16 with a 24-hour trading volume of $111.34 million. IDEX is up 35.60% in the last 24 hours. If you are...
Trader Joe's Native Coin Climbs as the DEX Unveils 'Modular Staking'
JOE, the native token of Avalanche-based decentralized exchange (DEX) Trader Joe, is leading a rally in DEX coins after the protocol...
Japan's Crypto-Exchanges Body Considers Easing Rules for Token Listings: Report
The Japanese industry body that makes rules for crypto exchanges is considering easing restrictions on listing new tokens, Bloomberg...
BTC price faces crucial trend battle as Bitcoin RSI confirms breakout
Bitcoin (BTC) may have stopped short of $40,000 but this week’s gains have helped spark a more significant breakout for underlying...
Indian Budget Provision Allows Government to Define NFTs
The Indian government may be seeking to define just what is or is not a non-fungible token (NFT).Indian Finance Minister Nirmala...
Crypto Donations to Tor Surged 841% in 2021
Crypto donations to privacy focussed non-profit The Tor Project surged 841% in 2021 compared to the previous year, according to a blog...
Tanzanian Fintech Raises $10 Million, Plans to Enter 12 More African Countries
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an...
Zcash Extends Rally Into Asian Trading Day
Zcash, one of the first privacy-focused cryptocurrencies, saw its ZEC token post gains in Asian trading as the protocol’s shift toward...
FTX Buys Crypto Exchange Liquid Group for Expansion in Japan
FTX acquired Japanese crypto exchange Liquid Group to serve Japanese customers through its new subsidiary.The deal is expected to close in...
Cardano Developers Proposes Block Size Increase
Input Output, the development company behind the Cardano network, proposed increasing the network's block size by 11% on Wednesday.“We...
Colombian Tax Authority Tightens Control Over Cryptocurrency Usage
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using...
Here is why Solana price has been rallying over the past week
The Solana (SOL) token had spent the better part of January nose-diving as its network faced major network congestion issues. However,...
India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be...
The Future of Entertainment, With Pete Holmes
Non-fungible tokens (NFT) have exploded in popularity in the past year. But what are they, really?“NFT All-Stars,” CoinDesk’s new animated...
3 reasons why QuickSwap (QUICK) price spiked by 50%
Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency...
Vulcan Forged (PYR) rallies after virtual land sales and the Elysium testnet launch
Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be...
El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s...
SEC Asks Bitwise to Address Concerns About Proposed Spot Bitcoin ETF
The SEC has asked Bitwise to clarify how the investment firm will prevent share manipulation, fraud and other potential issues in its...
Is Helium (HNT/USD) going to crash again?
The helium token is growing more popular among crypto traders and holders. HNT might token may continue to fall if we fail to break...
Will the price of ECOMI (OMI) reach $0.02 in 2022?
The bullish price estimate for OMI is between $0.0062 and $0.0125. The price of OMI may hit $0.02 this year. The OMI negative market...
Litecoin (LTC) rises 4.4% as MimbleWimble takes effect
Litecoin is trading at $114.2, the highest level since the 27th of January. Release of MimbleWible to positively affect Litecoin....
VET/USD bearish momentum finds support at $0.05
Bearish trend on VeChain price analysis slows down The most resistance is seen at $0.0866. VeChain's current trading in a tight...
The value of ALGO/USD rises to $0.982 following a mild bullish correction
The coin's current price is $0.979, trading within a bearish wedge. The price of Algorand is rising after finding support at the...
First Mover Asia: Crypto Prices Rise With Investors' Appetite for Risk
Good morning. Here’s what’s happening:Market moves: Bitcoin opened February higher; China’s crypto community remains active after...
Solana rose more than 10% on the day as traders target a $120 resistance level
Solana's price is bullish after finding support at $81. SOL/USD is presently trading at $108.5 The next resistance level is at $120...
Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of...
Cosmos (ATOM) shows signs of bullish reversal – What do other indicators show?
Cosmos (ATOM) has largely outperformed the entire crypto market. The coin did however come under serious selling pressure over the last...
FTX exchange is now a $32 billion company – How does it compare with other platforms
Despite the bearish sentiment in crypto over the last few weeks, there have been a few important moves behind the scenes. The FTX exchange...
Ripple (XRP) starts massive consolidation in price – Is a 20% upward surge in the cards?
Like many other major cryptocurrencies in the market, Ripple (XRP) is recovering. The token has in fact started to consolidate around a...
Crypto.com (CRO) bullish uptrend is now slowing down – How far can it fall?
Over the last few days or so, Crypto.com (CRO) has seen quite some uptrend, recovering sharply from the January lows. Although...
Dogecoin (DOGE) looks poised to surge 15% in the near term – Here is why
Meme coin Dogecoin (DOGE) has surprisingly shown a lack of volatility in recent days. Despite this, the coin is seeing some decent gains....
Bitcoin price closes in on $40K, but pro traders are still skeptical
The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from...
PayPal Shares Slump as Revenue Growth Slows
Shares of PayPal (PYPL) fell more than 16% after the payments giant reported Q4 earnings that just missed analyst estimates and a slowdown...
Shiba Inu (SHIB) can actually reach $1 – But here is what needs to be done first
There is no doubt that Shiba Inu (SHIB) was the biggest meme coin of 2021. The so-called Dogecoin killer went on to make so many people...
Geeking out With RPGs and NFTs: AdaQuest to Hold a Public Sale on KICK․IO
PRESS RELEASE. It is surprising how many NFT enthusiasts are also into role-playing games. In retrospect, it was only really a matter of...
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in...
Market Wrap: Cryptos Stabilize, Analysts Expect Bitcoin Short Squeeze
Cryptocurrencies are starting to stabilize after falling in January, and some analysts expect prices to recover this month, especially as...
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to...
Bullish or Bearish? 2022 Markets Started Rough, but It Wasn't Just Crypto
This episode is sponsored by Nexo, Arculus and FTX US.Download this episodeToday on “The Breakdown,” NLW looks at what the first...
With ‘NFT All Stars,’ Two Crypto Art Veterans Take the Conversation Further
Today, CoinDesk launches “NFT All Stars,” a new animated series and podcast spotlighting some of the most influential artists and thinkers...
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
El Salvador has been using technology from crypto software firm AlphaPoint to fix a series of problems that have plagued its state-run,...
What ‘Line Goes Up’ Gets Wrong (and Right) About NFTs
Dan Olson, the Canadian videographer behind the “Folding Ideas” YouTube channel, has an important message for the world: NFTs are all...
Jack Dorsey Touts Bitcoin's Virtues at MicroStrategy Conference
In his first live public appearance since exiting the Twitter CEO role to focus on running Block, Jack Dorsey reiterated his belief in the...
First cross-chain governance proposal passes on Aave
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave....
Bitcoin Rangebound Near Support; Resistance at $40K-$43K
Bitcoin (BTC) is holding support above $37,000, albeit within a narrow trading range. The cryptocurrency is roughly flat over the past 24...
$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address
$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23...
NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive
In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot...
Technical Analysis: Solana Surges 15%, as Loopring Price Declines
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets...
Coachella Music Festival to Launch Solana NFTs in Deal With FTX
The Coachella Valley Music & Arts Festival, set to return this April after a two-year hiatus, has announced a series of NFTs...
GARI Token making waves in India: Here’s why Garicoin is up 100% in the past week
GARI airdrop as the Chingari app is also set to integrate the GARI token on 5 February. Social app Chingari is making it easy for creators...
Why India Isn’t Buying NFTs (Yet)
2022 is expected to be the year of non-fungible tokens (NFTs). At $40 billion, the global market capitalization for NFTs is inching closer...
Diem May be Gone, but Its Legacy Lives On
The Diem Association will wind down its operations in the coming weeks after selling its assets to Silvergate Bank. It's time to revisit...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called...
Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise: Report
Reddit co-founder Alexis Ohanian’s venture firm 776 Management plans to double down on crypto in the coming year, having raised $500...
New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items...