Quick Look
First Mover Asia: Bitcoin in $65K Range as Trading Volume Slows
Good morning, Here’s what’s happening this morning:Market moves: Bitcoin recovered from Wednesday’s dip to near $64K as trading slowed...
Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed the goal set earlier this year of...
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
Volatility is the name of the game in the cryptocurrency market and the Nov. 11 evening sell-off in the price of Bitcoin (BTC) is a...
Why Bitcoin’s Taproot Upgrade Matters
You might have noticed some green squares floating around Twitter. Like the laser eyes, they are part of the insider signaling that...
Sotheby’s to Bring Down the Hammer in Ethereum on 2 Iconic Banksy Paintings
Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time...
For Universal’s NFT Band, Music Is Second to Brand Identity
On Thursday, Universal Music Group (UMG) announced it had signed Kingship – not a musician, but a collection of four anthropomorphic...
Announcing the Launch of the Lao Crypto and DeFi Product – Welnance Finance
PRESS RELEASE. Welnance, a DeFi protocol built on Binance Smart Chain, is set to launch the first Lao crypto and decentralized product on...
Market Wrap: Bitcoin Stabilizes as Traders Prepare for Taproot Upgrade
Bitcoin (BTC) is stabilizing after yesterday’s pullback from an all-time high near $68,950. Analysts continue to expect further upside for...
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the...
Why Yesterday Was One of the Most Illuminating Days in Bitcoin’s History
This episode is sponsored by NYDIG.Download this episodeYesterday was quite the day. A 6.2% inflation print led to a new bitcoin...
Discord Shutters Plans for Ethereum Integration After Community Backlash
After hinting at a possible Ethereum integration earlier in the week, Discord CEO Jason Citron now says the social network has “no current...
‘Probably Nothing’: Why People Still Hate Crypto
It ended pretty much the same way it began, with a tweet. Discord founder and CEO Jason Citron yesterday went to reassure users that the...
European Commission Urges Members to Agree on Crypto Regulations
The European Commission, the executive branch that proposes legislation for the European Union, is urging its members to agree on its...
Bitcoin Could Find Support at $56K-$60K
Bitcoin (BTC) buyers took some profits after the cryptocurrency reached an all-time price high near $68,950 on Wednesday. The...
‘Invisible Aether’: World’s largest museum launches NFT art exhibition
The Russian State Hermitage Museum continues diving in the nonfungible tokens (NFTs) industry by debuting its first fully-virtual...
Rarible Marketplace Users Can Now Create, List, and Trade Flow-Based NFT Collectibles
On November 10, the non-fungible token (NFT) marketplace Rarible.com and the Rarible protocol announced an integration with the Flow...
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
One under the radar cryptocurrency-powered payment app that’s been gaining traction across Latin America is Reserve. The platform...
‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’
The latest salvo in the multibillion-dollar “Curve Wars” might be the most daring yet, and the protocol’s response has revealed deep...
This Imprisoned Russian Artist Is Selling NFTs to Support His Family and Fellow Inmates
Every morning, Pavel Skazkin wakes up at the command of correctional officers while the Russian national anthem plays in the background....
China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days
In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the...
Crypto-Focused Bank Silvergate Rallies After JPMorgan Sees Industry Adoption Growth
Silvergate Capital Corp. shares jumped as high as 13% Thursday after JPMorgan initiated research coverage with an overweight...
Bitfarms Buys 24MW Crypto Mining Facility in Washington State for $26M
Canadian bitcoin miner Bitfarms (BITF), has bought a 24 megawatt (MW) hydro power plant in Washington state, which is expected to add 620...
Investing in Bitcoin Directly May Be Better Bet Than Coinbase: Mizuho
Investors may be better off owning bitcoin directly versus shares of Coinbase Global Inc. (COIN) in order to avoid headwinds including...
ECB Hires Former ING Director as Digital Euro Program Manager
The European Central Bank’s (ECB) has tapped ING’s global director of payments, Evelien Witlox, as the program manager for its digital...
Crypto kids fight Facebook for the soul of the Metaverse
With Facebook and Microsoft engaged in a virtual land grab, is there still a future for the dream of a Metaverse that’s owned and built by...
Miami to Give ‘Bitcoin Yield’ From MiamiCoin to Its Citizens
The city of Miami will soon give out a “bitcoin yield” to its citizens from the staking of its cryptocurrency, Miami Mayor Francis Suarez...
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram,...
Saddle Raises $7.5M to Reduce Slippage in DeFi Trading
Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding...
Crypto News Roundup for Nov. 11, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:First Mover Asia: Bitcoin Declines After...
As Crypto Bulls And Bears Abound, Who Should You Believe?
Every time the zeal for digital assets from crypto enthusiasts crescendos, so does the derision from crypto critics.Recently, as bitcoin...
Sotheby’s to Allow Live Bidding in Ether
Sotheby’s, the 277-year-old British auction house, will allow live bidding in ether cryptocurrency in an upcoming virtual exhibition on...
Smart Contract Platform Agoric Launches Public Chain
Agoric, a JavaScript-native smart contract platform, announced the launch of its public chain, which comes a month after the company...
Bitcoin Retreats From All-Time High, Ether Follows
Bitcoin is down 5% in the last 24 hours after peaking at an all time high of around $68,950 on Wednesday.Bitcoin’s all-time high was...
Bitwise Withdraws Bitcoin Futures ETF Filing, Citing Cost, Complexity
Bitwise Asset Management has withdrawn the application for its Bitcoin Futures exchange traded fund (ETF) citing what it said are the cost...
Decentralized Search Engine Presearch Integrates With NFT Marketplace OpenSea
Decentralized search engine Presearch has integrated with OpenSea to build non-fungible token (NFT) searches into its platform.Presearch...
More Firms Embracing the Metaverse and Gaming Stocks Have Already Benefited, Morgan Stanley Says
The metaverse is important because it can “fundamentally change the medium through which we socialise with others, watch music...
MetaWars Launches Strong, Now Looking to the Future
PRESS RELEASE. MetaWars, a space-themed play-to-earn blockchain game utilising high-tech NFTs, is looking forward to a very bright future...
Demystifying Blockchain for Your Clients
The cryptocurrency world is full of jargon. You’ve got your non-fungible tokens (NFT), your Ethereum, your Solana, your know-your-customer...
Hut 8′s Revenue Rose More than 700% in Q3, Beating Analyst Estimates
Hut 8′s third quarter revenue was C$50.3 million ($40 million), rising about 767% from last year and beating the average analyst estimate...
Twitter reveals team that will lead its decentralisation and crypto initiatives
The microblogging and social network firm hopes to get deeper into the decentralised internet with its latest initiative The San...
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago....
Here’s why Bitcoin losing $6K in hours was good for BTC price action
Bitcoin (BTC) traded just below $65,000 on Nov. 11 after an overnight correction cancelled out previous snap gains. BTC/USD 1-hour candle...
FTX US Trading Volumes Soared 512% During Q3
FTX.US’s average daily volumes skyrocketed 512% in its third quarter versus the second quarter and hit a peak of $807 million during a...
IoTEX (IOTX) up 65% after IoTX delivered a keynote at the DeFiLive event today
IoTeX (IOTX) has been on an exponential rise since the IoTEX team announced that it will deliver a keynote speech at the DeFiLive event....
Analyst: Theta (THETA) is ready to moon
Altcoin Sherpa predicts that THETA price is ready to explode Says the altcoin hasn’t pumped like most of the market Crypto analyst...
Here’s why Huobi Global is leaving Singapore so soon after China
The exchange's exit from Singapore paves the way for Huobi Singapore to establish itself as a regulated exchange in the country Only...
Austria will start taxing digital assets like stock for a ‘good cause’
The Federal Ministry of Finance in Austria is looking to enforce capital gains levy on digital tokens as from March next year As part of a...
Over 3 Million Customers Can Earn Bitcoin Points Dining at 500 Restaurants via Landry’s Rewards Program
Millions of customers dining at 500 restaurants across the U.S. will soon be able to earn bitcoin points, thanks to a partnership between...
Market highlights November 11: Wall Street and cryptos both in the red, US inflation at record high
After passing 3 trillion yesterday, the crypto market began to decline. Most of the top 10 cryptos registered...
Aurox CEO: Institutions are keeping off crypto due to regulatory concerns
Giorgi Khazaradze says retail investors alone cannot drive the market A ‘safety net’ could see more institutional investments...
Circle establishes a regional hub in Singapore to boost USDC adoption
USD Coin issuer will invest in Singapore starting with a regional hub as it seeks to dislodge Tether's dominance in the region Circle, the...
Indonesia’s Religious Leaders Declare Crypto Illegal for Muslims: Report
Muslims are forbidden from using crypto, Indonesia’s council of religious leaders has declared, Bloomberg reported on Thursday.Crypto is...
Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia,...
‘#DropGold worked’ — Grayscale ‘flippens’ world’s largest gold fund as AUM hits $60B
Bitcoin (BTC) an altcoin investment firm Grayscale now has more assets under management (AUM) than the world’s biggest gold fund....
Terra (LUNA) price fluctuates after Terra votes to burn $4.5B worth of tokens
The price of Terra (LUNA) nearly reached a record high on Wednesday after immediately Terra voted to burn tokens worth $4.5 Billion....
If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin...
Best places to buy Litherium, an investment in new energy consumables
Litherium (LITH) is a BSC-based token that’s up 984% in the last 24 hours. The live Litherium price today is $0.48 with a 24-hour...
Chromia is up 459%: here’s where to buy
Chromia is an open source public blockchain with the motto Power to the People. The live Chromia price today is $1.29 with a 24-hour...
Create Some Art Out of This Planet: Mars4 and Sketchar Martians888 Art Contest
PRESS RELEASE. If You ever heard of CryptoPunks and always wanted to create an NFT yourself – now it’s Your time! Create 888...
Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals
Bank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who want to conduct...
Rocket Pool Eth2 staking service launches, hits stage two cap in 45 seconds
The launch of ETH2 staking service Rocket Pool saw it hit its stage two cap in just 45 seconds according to the co-founder of hosting...
SEC Stops Wyoming-Based DAO From Registering 2 Digital Tokens
The Securities and Exchange Commission (SEC) stopped a Wyoming-based decentralized autonomous organization (DAO) from registering two...
Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP
Amid an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC) over XRP, Ripple is launching a new product, Liquidity Hub,...
How Blockchain Technology Is Transforming Microtransactions and Revitalizing the Gaming Industry
Microtransactions are a staple of many modern games, to the point many have just accepted them. However, new models are emerging, thanks...
Record-high inflation prompts investors to take a closer look at Bitcoin
Consumers in the United States and around the world continue to feel the pinch of inflation and recent data shows that the Consumer Price...
Robinhood Discusses Crypto Wallet Launch, Listing Strategy as Petition to List Shiba Inu Exceeds 526K Signers
The chief operating officer (COO) of Robinhood Crypto has provided an update on the company’s upcoming cryptocurrency wallet...
First Mover Asia: Bitcoin Declines After Reaching a Record High; Ether Also Drops
Good morning, Here’s what’s happening this morning:Market moves: Bitcoin soared past $69K before dropping below $65K.Technician’s take:...
Why Crypto Should Modify the Section 6050i Tax Change, Not Fight It
Last week, a four-decades old law about cash was modified to incorporate cryptocurrency. Buried deep inside President Biden’s...
At Least 77% of NFT Art Sales Going to Male Creators: Study
A recent study on the state of the NFT art market points to some of the lasting gender disparities in the world of cryptocurrency, and...
Mastercard Outlines 3-Pronged Strategy to Support the Growing Crypto Community
MasterCard mapped out a three-pronged strategy focused on security and better services to support the growing cryptocurrency community in...
While BTC Skyrocketed to $69K, Whale From 2013 Transfers $147 Million Worth of ‘Sleeping Bitcoins’
Following the string of 20 block rewards spent on Wednesday, an idle bitcoin wallet that was created on July 10, 2013, transferred 2,207...
‘We’ll see about 200 chains connected through Cosmos’ IBC next year,’ says Tendermint CEO Peng Zhong
Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of...
Price analysis 11/10: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA
Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the...
Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry
Every time a new Bitcoin (BTC) all-time high is formed, excessive expectations follow. This time was no different as its price briefly...
MUNCH Hits Record-Breaking 1000 ETH Charity Donation Milestone
PRESS RELEASE. Charity donation project MUNCH announces the ground-breaking milestone of donating over 1000 ETH to various charitable...
Bitcoin price briefly hits $69K ATH before plummeting back to Earth
Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868...
Proptech latinoamericana La Haus aceptará bitcoin para adquirir propiedades
La Haus, startup latinoamericana de proptech, aceptará bitcoin para la adquisición de propiedades a través de transacciones on-chain y...
Market Wrap: Higher Inflation Expected to Send Bitcoin and Gold Higher Into End of Year
Bitcoin reached an all-time price high of about $68,950 on Wednesday after a report showed higher-than-expected inflation in October. The...
Why Shouldn’t the Navajo Mine Bitcoin?
Navajo Nation is prime bitcoin mining country.While Texas and Wyoming have taken the limelight since China’s bitcoin mining ban, the...
Largest Stablecoin by Market Cap Tether Launches on the Avalanche Network
The largest stablecoin by market capitalization, tether has announced the launch of tethers on the Avalanche blockchain protocol. The...
Inflation Nation: US Sees Highest Price Increase in 31 Years
This episode is sponsored by NYDIG.Download this episodeNew statistics show a 6.2% rise in the consumer price index (CPI) year over...
Bitcoin Politics From Left to Right and Off the Map
In a Twitter thread yesterday, writer and speaker Dave Troy explicitly tied bitcoin to far-right American politics, calling bitcoin...
Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting
Polkadot decentralized finance (DeFi) platform Acala has got the crowd behind it.The much-anticipated auctions to win places building on...
MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report
MakerDAO founder Rune Christensen seems to have changed his mind about the future of stablecoin regulation in the United States after the...
Bitcoin Pulls Back from All-Time High; Support Between $65K-$67K
Bitcoin (BTC) spiked toward an all-time high around $68,950 after a stronger-than-expected U.S. inflation report on Wednesday. The...
Crypto markets rally as inflation rages at 30-year high
Cryptocurrency markets rose to record highs on Wednesday, as investors continued to pile into Bitcoin (BTC) and alternative coins against...
Early Ethereum Name Service (ENS) adopters rewarded with a hefty five-figure airdrop
Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum...
Record Producer Steve Aoki and Spawn Creator Todd McFarlane to Launch Solana-Powered NFT Market
On November 9, the two-time Grammy-nominated producer and DJ, Steve Aoki, announced a new partnership with the popular comic book artist...
Terra Passes Highly Anticipated Proposal to Burn Nearly 89M LUNA
The Terra community on Tuesday night passed a popular proposal to burn about 88.7 million terra (LUNA) tokens, worth roughly $4.5 billion...
Twitter Is Launching a Dedicated Crypto Team
Twitter is launching a dedicated cryptocurrency team as it continues to support the adoption of digital assets and decentralized...