Quick Look
FTX US Attains $8B Valuation in $400M Fundraise Including SoftBank, Temasek: Report
FTX US has raised $400 million from investors including SoftBank and Temasek, giving the cryptocurrency exchange a valuation of $8...
Dogecoin still gaining on Musk tweet, up 7% in 24 h: here’s where to buy Dogecoin
Elon Musk seems intent on giving Dogecoin permanent staying power. The ur-meme coin continues to gain after he tweeted he would eat a...
Ken Kutaragi, Father of the Sony Playstation, Criticizes Current Metaverse Push
Ken Kutaragi, father of the Sony Playstation, has issued his opinion about the metaverse narrative currently developing on the market. The...
Fake Grimacecoin Jumps 285,000% After McDonald’s’ Tesla Joke
A token created after a McDonald’s joke tweet surged as much as much 285,641% in a few hours as opportunistic actors jumped at the chance...
Axie infinity (AXS) starts correcting recent dive: Here is why the price is hiking
After nose-diving for almost 20 days, Axie Infinity (AXS) turned green and jumped 14% yesterday and today it is continuing with the...
Binance Becomes Main Sponsor of Argentinian Soccer Association
Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest...
‘Arivaman’ to Travel the World in a Unique and Innovative Way
PRESS RELEASE. As the new year gets underway, there has been a lot of speculation and interest regarding what role the metaverse, crypto...
Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto...
Eth2 is no more after Ethereum Foundation ditches name in rebrand
The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and...
Trump Family Threatens Legal Action Over Trumpcoin Crypto — Says ‘We Do Not Authorize the Use’
The Trump family has threatened legal action over trumpcoin, a cryptocurrency created in 2016 “to honor Donald J. Trump.”...
Ex-CFTC Chair Chris Giancarlo Joins Digital Asset’s Board of Directors
Former Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo has joined Digital Asset’s board of directors, and...
Diem Mulling Sale of Assets to Pay Back Investors: Report
The Diem Association, the Meta Platforms (formerly Facebook)-led group behind the creation of a stablecoin, is considering the sale of the...
Elon Musk Tempts McDonald’s to Accept Dogecoin — McDonald’s Replies ‘Only if Tesla Accepts Grimacecoin’
Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE)....
Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone
Analysts love to issue price predictions and it seems that nine out of 10 times they are wrong. For example, how many times did analysts...
YouTube head of gaming Ryan Wyatt to resign and join Polygon Studios as CEO
On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his...
IMF urges El Salvador to remove Bitcoin’s status as legal tender
Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as...
Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement
The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to...
NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies...
First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading
Good morning. Here’s what’s happening:Market moves: Bitcoin led a broader market stabilization with reduced spot trading...
Grayscale Considering 25 More Crypto Assets for Investment Products
Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest...
Cathie Wood’s Ark Invest Predicts Bitcoin Could Exceed $1M by 2030
ARK Investment Management, the firm led by star manager Cathie Wood, predicts that bitcoin’s price could exceed $1 million by 2030 as the...
Decentralised Metaverse Socialfi Platform Boom Enables NFT Display in Its App
While the latest news and information about cryptocurrency & NFT projects are better known through Web 2.0 social media companies such...
New York Senate Confirms New Top Financial Regulator
The New York Department of Financial Services officially has a new head.The state Senate confirmed Adrienne Harris, a former federal...
Is Decentraland (MANA) out of the woods yet? Indicators appear to suggest NO
Metaverse and blockchain gaming tokens have been hit hard in the recent crypto slump. Decentraland (MANA) is not any different. The token...
Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical
Bitcoin (BTC) rose above $36,000 on Tuesday but was still down about 0.38% over the past 24 hours, compared with a 0.76% fall in ETH....
Here is why Litecoin (LTC) could drop to $95 despite a bullish run in today’s trading session
Litecoin (LTC) has started today’s trading session on the green. After seeing a slump over the past few weeks, the coin appears to...
Binance Coin (BNB) consolidates at $350 – Is a bullish rally now on the cards?
After a choppy start to the year, Binance Coin (BNB) appears to be consolidating the price action around $350. The coin may be poised for...
IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s...
Florida’s Office of Financial Regulation Issues Warning About DeFi
Florida’s Office of Financial Regulation (OFR) has issued a warning about decentralized finance (DeFi) based companies that offer lending,...
ThorChain (RUNE) hopes to break downward momentum with a recent mini-rally
The massive sell-off we saw on ThorChain (RUNE) was nothing short of catastrophic, and that’s being nice. The coin has really...
Wipe Away Your Tears: Crypto Is About More Than Prices
Take off that McDonald’s hat, boyo, and return to the screen: Bitcoin is up 10%. Favorite altcoins of day traders ETH, LUNA and ATOM are...
Terra (LUNA) finds support at $65 – Are bulls ready to push this to $75?
Despite the general carnage in crypto over the last week or so, Terra (LUNA) has remained one of the most resilient coins. The token is...
Crypto VC Firm Dragonfly Raising $500M for New Fund, Documents Show
Crypto venture capital firm Dragonfly Capital Partners is raising $500 million for a new fund, according to a new regulatory filing.The...
Should you buy chainlink as the price get stuck at $15
With the rapid downhill movement, the crypto market experienced in the last trading session. Several market players are more concerned...
The State of DAOs With Syndicate’s Ian Lee
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeToday on “The Breakdown,” NLW is joined by Ian Lee, co-founder at...
Fantom (FTM) surpasses $12 billion in TVL – Is it the most important competitor for Ethereum?
Fantom (FTM) appears to be flexing its muscle as the next big thing. The blockchain is billed as the most direct competitor for Ethereum...
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB...
Olympus (OHM) hits point of no return, dips nearly 95% from all-time highs
Olympus (OHM) is closely edging towards the point of no return as downward pressure on the price continues to persist. The DAO token is...
IMF Urges El Salvador to Discontinue Bitcoin’s Legal Tender Status
The executive board of the International Monetary Fund recommended that El Salvador discontinue the use of bitcoin as legal tender in in...
NEAR’s climb to all-time highs is short-lived as the coin tumbles in fresh crypto market sell-off
The Near Protocol (NEAR) was one of the stand-out tokens at the start of the year. As other altcoins showed weakness in January, NEAR was...
Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt
The recent crypto sell-off could be a mere dip within a long-term uptrend. That’s according to chartist Peter Brandt, CEO of Factor LLC, a...
Arweave (AR) slides past crucial support zone – Here is why bear pressure is about to get worse
Arweave (AR) has been on a consistent downtrend for the last 7 days or so. The altcoin has however surged below a very crucial support...
Bitcoin Rises Above $37K; Resistance at $40K-$43K
Bitcoin (BTC) buyers remain active, pushing the cryptocurrency over $37,000, which is near the top of week-long price range. Still, upside...
Solana (SOL) follows other crypto assets in decline – here is why it may bounce back faster
After making modest gains over the weekend, Solana (SOL) has this morning followed other major cryptos in decline. Wider sentiment in the...
YouTube Loses Pair of Executives to Web 3
Two YouTube executives announced their departures from the Google-owned company with plans to pursue Web 3 ventures on Tuesday, based on...
VeChain (VET) is pulling up after epic downfall – Has the token turned the corner?
VeChain (VET) was one of the hardest-hit tokens in the recent crypto slump. The coin saw an epic downfall that saw it tank to nearly...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed...
Tucked Inside Biden Infrastructure Bill: Unconstitutional Crypto Surveillance
Before U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law in November, many groups spoke out against a...
Kanye West wants royalties from Paparazzi photos, with the help of NFTs
Kanye West expressed his frustration at the paparazzi after being filmed arriving at Miami International Airport on Monday, as seen in a...
Should you buy bitcoin amidst the ongoing market sell-off?
Bitcoin Eyes near term support at $32108 The bulls might have a chance along with the support Bitcoin trade with a complete sell-off with...
Bitcoin Sell-Off Defers $100K Price Dreams
Bitcoin (BTC) at $100,000, predicted by many analysts in recent years, is looking more fanciful thanks to the recent sell-off, the largest...
PureStake CEO Derek Yoo Explains the Technology Behind Moonbeam Network
Moonbeam is an Ethereum-compatible smart contract platform on the Polkadot network that makes it easy to build natively interoperable...
YouTube Considering Offering NFTs to Allow Creators to ‘Capitalize’ on Work
YouTube CEO Susan Wojcicki said the video streaming platform is considering offering non-fungible tokens (NFTs) as a way “to help creators...
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by...
Here’s how to keep your crypto safe
“When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the...
Republic Capital Leads $6M Round in Cross-Chain Bridge Swing
Swing, a cross-chain liquidity and bridge protocol, has raised $6 million in a strategic funding round led by Republic Capital at a $60...
Internet Privacy Is an Inalienable Right
As billions around the world continue to spend more and more of their lives online, making true digital privacy a reality has become...
4 Things to Do in a Crypto Bear Market
Over $328 billion has been wiped from the global crypto market in the last seven days. That’s more than the market capitalization of...
What the Fed Thinks About CDBCs
A fair amount of news happened last week: The Federal Reserve announced it is still nowhere close to issuing a digital dollar and the U.S....
Monero: The Privacy Coin Explained
Bitcoin’s pseudonymity was originally a big part of its appeal to new users, but that pseudonymity has become strained over the years as...
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make...
MicroStrategy will keep buying and holding Bitcoin, says the firm’s CFO
MicroStrategy CEO Michael Saylor also noted the same thing during an earlier interview. The company’s shares have plunged alongside...
Can Crypto Go Green? How to Invest in Eco-Friendly Cryptocurrencies
By now almost everyone has heard people talk about how much energy mining bitcoin consumes. Just to power a single BTC transaction takes...
Crypto News Roundup for Jan. 25, 2022
This episode is sponsored by Kava.Today's Stories:Bitcoin-Ether Ratio Hits 3-Month High, Friday's Close PivotalEuropean equities perk up...
Decentralized Data Sharing Network ‘Project Galaxy’ Raises $10M
Project Galaxy, a way to rethink how digital credentials are handled in the next generation of the internet, has closed a $10 million...
Russia's Finance Ministry Opposes Central Bank Call for Crypto Ban
Russia needs to regulate cryptocurrencies, not ban them, according to the head of the financial policy department at Russia's Ministry of...
Inside the Company Building Japan's Multistakeholder Digital Yen
The Tokyo metro has a unique – and sometimes frustrating – feature. Unlike most subway systems in the world, it is operated by several...
What If We Get Online Privacy Right? A Glimpse of 2035
It’s the year 2035. The bad news: There are no flying cars (although a cryogenically youthful Elon Musk is working on it), the United...
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian...
Kazakh Crypto Miners Cut Off From Electricity Supply Until End of January
Kazakhstan crypto miners will have their energy supply cut off from Jan. 24 until the end of the month, three people in the local industry...
Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments
Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD...
How Popular Are Crypto Mixers? Here’s What the Data Tells Us
Cryptocurrency mixers and the illicit activity often associated with them regularly make headlines. To the casual observer, the frequency...
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or...
Syndicate Launches Tool for Turning DAOs Into LLCs
Spinning up a cryptocurrency-fueled investment community in the form of a decentralized autonomous organization (DAO) should be as easy as...
OG influencer Paris Hilton sees the metaverse as the ‘future of partying’
Paris Hilton also made TV history when she gifted everyone on ‘The Tonight Show’ a free NFT. The celebrity media...
Spellfire to Huobi Primelist on January 27th
Spellfire is gaining momentum. The legend is back better than ever. Chase the $SPELLFIRE on the most prestigious launchpads – 25th...
Here is why Cosmos (ATOM) Price is rallying
The Cosmos native crypto (ATOM) has surged by more than 17% in the last 24 hours; a time when all the major cryptocurrencies like Ethereum...
Where Do Financial Advisers Stand on Crypto? Inside Bitwise’s 2022 Benchmark Survey
“I think getting smart on crypto is one of the biggest business development opportunities for advisers of the next handful of...
Cloud Miner BitFuFu Looks at US Listing Via SPAC Merger
Bitmain-backed cloud mining platform BitFuFu is preparing to go public in the U.S. through a merger with special-purpose acquisition...
BIS Innovation Hub to Focus on CBDC, DeFi Experimentation This Year
The Bank for International Settlements (BIS), an umbrella group for central banks, is going all out on central bank digital currencies...
Fed Preview: How Rate Hikes Could Stimulate Demand for Stablecoins
With the price of bitcoin (BTC) tanking and the U.S. Federal Reserve now moving to tamp down rising inflation, some analysts think...
Jim Cramer: Charts suggest Bitcoin and Ethereum sell-off may be over soon
Jim Cramer said on Monday that given the technical outlook of both Bitcoin and Ethereum, it “might be too late to sell” urging...
Thai Authorities Plan to Regulate Crypto as Means of Payment
Thailand's financial authorities plan to regulate the use of digital assets as a means of payment for goods and services, the Bank of...
Bitcoin-Ether Ratio Hits 3-Month High, Friday's Close Pivotal
The bitcoin-ether ratio rallied to the highest level in three months on Monday as adverse macroeconomic conditions unexpectedly took a...
South Korean Crypto Exchange Bithumb Will Block Unregistered Wallets
Bithumb, one of South Korea's largest crypto exchange by trading volume, will stop accepting wallet addresses that haven't been properly...
Bitcoin Recovers to $36K Amid Mixed Response From Traders, Polkadot Leads Altcoin Gains
Bitcoin gained 10% in the past 24 hours to trade above $36,500 during European hours on Tuesday, staging a recovery after a plunge on...
MicroStrategy Will Continue Bitcoin Buying Unfazed by Market Plummeting: Report
Bitcoin-accumulating software company MicroStrategy will continue investing in the cryptocurrency despite the recent slide in the asset's...
Indonesia's Regulator Warns Financial Firms Against Offering Crypto Sales: Report
Indonesia's Financial Services Authority (OJK) warned firms against offering sales of crypto, according to a Reuters report Tuesday,...
Beatles Memorabilia From Julian Lennon's Collection to Be Sold as NFTs
John Lennon's son Julian is selling a collection of Beatles memorabilia as a set of non-fungible tokens (NFTs). The centerpiece of the...
NFT Marketplace OpenSea Launches New Listing Manager After Discount Bug
Non-fungible tokens (NFTs) marketplace OpenSea launched a new listing manager, among other measures, to mitigate a user interface flaw...