Quick Look
Next-Generation Cryptocurrency LTNM to List on FMFW.Io Exchange (Formerly Bitcoin.com Exchange)
PRESS RELEASE. Palo Alto, October 18, 2021 – LTNM, the next generation insured asset-backed cryptocurrency, continues to gain...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The...
Traders Are ‘Apeing’ Into a Sam Altman Crypto Lookalike, Driving Prices 68% in 24 Hours
Cryptocurrency traders are inadvertently pumping the price of a little-known altcoin they believe belongs to a project conceived by Sam...
Pakistan High Court Grants Commission to Weigh Crypto Legality in Sindh Province
A high court in Pakistan has approved a committee to explore whether cryptocurrencies are advisable under the country’s legal system,...
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading...
Shanghai Man: Blockchain Week with Vitalik still happening, ‘Bitcoin’ searches on WeChat hit 26M in a day
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including...
Bulls fight to keep Ethereum price above $4K ahead of Friday’s $435M options expiry
Ether (ETH) flirted with its $4,380 all-time high on Oct. 21 but failed to breach it by a few dollars. Some analysts, including...
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The...
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio
The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether....
Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says
This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (stock ticker BITO) may have aided the cryptocurrency’s recent...
Traders brace for a drop to $58K if Bitcoin price loses the $62K support
Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the...
Robinhood’s Waitlist for Crypto Wallet Has More Than 1M Customers: Report
The waitlist for Robinhood’s crypto wallet is now more than one million customers long, Robinhood CEO Vlad Tenev said at CNBC’s Disruptor...
Fintech App Current Taps Coinbase’s Bison Trails to Support Polkadot DeFi Plans
Fintech company Current is one step closer to bringing decentralized finance (DeFi) features to its 3 million users.The firm said Thursday...
Lassoing a Stallion: How Gensler Could Approach DeFi Enforcement
Earlier this week, we considered the challenges of creating viable long-term regulations for decentralized finance protocols. These...
Carbon Credit Token MCO2 Is Now Listed on Gemini – Learn About the Green Asset Set to Save the Planet
MCO2 is a carbon credit token traded by Moss.Earth. One MCO2 token is equivalent to one carbon credit. It is now possible to find this...
5 Legal Considerations When Dealing in NFTs
Recently, I’ve been getting a ton of inbound relating to non-fungible tokens, or NFTs.For those of you living under a rock, an NFT is an...
Walmart Has Quietly Begun Hosting Bitcoin ATMs
Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. locations.Shoppers can purchase...
What I Learned About Crypto Regulation From a Week in DC
WASHINGTON – Within a 36-hour period, the first bitcoin futures exchange-traded fund (ETF) began trading, the underlying cryptocurrency...
Is Crypto Really a Threat to Financial Stability?
It’s Policy Week here at CoinDesk!We’re diving deep into Washington, D.C., lobbying, DeFi regulation, how non-fungible tokens (NFT) could...
Rap Star Snoop Dogg Teams up With the Harlem Globetrotters in an NFT Sitcom
On October 20, the iconic rap star Snoop Dogg announced he’s participating in a non-fungible token (NFT) sitcom with the popular...
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically...
Diem responds to allegations from Senate Democrats
Diem has penned a response to the group of Senators that called out Facebook, asking the social networking company to shelve its Novi and...
Paul Tudor Jones: ‘Inflation … [Is] the Single Biggest Threat to Financial Markets and Society in General’
This episode is sponsored by NYDIG.Download this episodeLast year, Paul Tudor Jones wrote a paper called “The Great Monetary...
Animoca Brands and Galaxy Interactive close new funding rounds
Animoca's blockchain & digital entertainment spin-off Animoca Brands and Galaxy Digital's Interactive VC are the latest names to net...
Crypto remittances see adoption, but volatility may be a deal breaker
Cryptocurrency adoption has been growing for a number of reasons. In emerging markets, research suggests crypto remittances are a factor,...
Solana gains over 26% in two days — $250 SOL price target next?
Solana’s SOL coin rallied higher on Oct. 21 as traders shifted focus from Bitcoin (BTC) to the most promising altcoins. Notably, the price...
Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry
Two or three weeks ago, when Bitcoin (BTC) was trading below $52,000, a trader betting on $65,000 by Oct. 22 would have been considered...
How cross-chain games are giving users the first look at a metaverse
Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of...
Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug
Bitcoin’s price briefly crashed 87% and then recovered within the span of a single minute early Thursday on Binance.US, in a fleeting but...
Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The...
In Defense of OCC Nominee Saule Omarova
There are many types of financial innovation. Some (ATM withdrawals) are more trustworthy than others (subprime mortgage-backed bonds)....
NFT Artist Brian Frye Wants You to Steal This Article
Brian Frye, a conceptual artist, film maker and law professor, encourages people to plagiarize everything he’s ever created or said.“I’m...
Bitcoin Tumbles to $63K in Quick Retreat From All-Time High
Bitcoin, the world’s largest cryptocurrency, suffered its biggest price pullback in almost a month, in a sharp retreat just a day after...
FATF to Publish Crypto AML Guidance Next Week
The Financial Action Task Force (FATF) will soon publish its revised guidance for cryptocurrency firms, President Marcus Pleyer said...
Bitcoin sheds 6% in battle for all-time high support amid falling funding rates
Bitcoin (BTC) briefly dipped below $63,000 later on Oct. 21 as a standard correction cooled the market. BTC/USD 1-hour candle chart...
Facebook, Square, PayPal and Others Told to Hand Over Payments Info to Consumer Finance Watchdog
Six tech giants, including Facebook, Square and PayPal, have been ordered to hand over information relating to payments to the U.S....
As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%
The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned....
GameFi Opens New Paths for Financial Inclusion
Widespread blockchain technology and cryptocurrency adoption are rapidly advancing blockchain-based gaming. GameFi is the term for the...
Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito
Mojito, a suite for creating non-fungible token (NFT) marketplaces, has received $20 million funding from Sotheby’s and Future Perfect...
Crypto News Roundup for Oct. 21, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Holds Above $66K, but Elevated Funding...
Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb
Would you let a chrome, volleyball-sized sphere scan your retinas in exchange for crypto?That’s the interesting – and controversial...
Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank
Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led...
AGM Receives Second Batch of Orders for ASIC Miners
AGM Group, a fintech software-service and hardware provider, said it received an order for 25,000 of its 100 terahash-per-second ASIC...
Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase
A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by bitcoin investment firm NYDIG.The...
Swedish Financial Watchdog Investigating Two Local Crypto Exchanges
Sweden’s Financial Supervisory Authority (FI) is investigating two local crypto firms, Safello and Goobit, according to an announcement on...
Associated Press Taps Chainlink for Elections, Sports Data
The Associated Press (AP), the 175-year-old news agency, will bring economic, sports and elections data to Chainlink, a system that...
Solana-Based DeFi Protocol Synchrony Raises $4.2M for Composable Indices
Synchrony, an on-chain asset management protocol built on the Solana blockchain, has raised $4.2 million in strategic funding to further...
Where to buy Dogelon Mars after falling 15% on Thursday
Dogelon Mars is an Ethereum-based crypto using the ERC-20 token standard. A number of very prominent tokens on the ETH network, such as...
SBF, The Weeknd Added to Board of Tom Brady’s NFT Platform
FTX’s Sam Bankman-Fried, whose exchange just hit a new valuation of $25 billion after a recent $420 million funding round, has been...
Ark Invest’s Cathie Wood hasn’t invested in the ProShares Bitcoin ETF
The investor said concerns about tax ramifications informed her decision to take time to understand the tax implications. Cathie Wood, an...
DraftKings Founders Back ‘Play-to-Earn’ Soccer Game With $3M Raise
A non-fungible token (NFT) game called MonkeyBall has raised $3 million as the latest experiment in the surging “play-to-earn” sector,...
Mt. Gox Bitcoin reimbursement proposal confirmed
Rehabilitation will commence in a month- around 20 November. over 850k Bitcoin was stolen from Mt.Gox in 2014 The long-running...
Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum,...
Andreessen Horowitz Invests in New Meta4 NFT Fund
Cryptocurrency investment firm Meta4 Fund Management said it is launching a new non-fungible tokens (NFT)-focused fund with lead...
Tether: Hindenburg Research’s $1M bounty is a ‘cynical’ stunt
Tether says the bounty program has no impact on Bitcoin as prices reach new highs. Tether has released a statement terming Hindenburg...
Crypto Market Cap Surges to New Record $2.7 Trillion
As bitcoin (BTC) rallied to an all time high of $66,000 on Wednesday, the market capitalization for all cryptocurrencies has pushed to a...
‘Bridge Szn’ Continues With $2M Raise for Stablecoin Connector Symbiosis
With the future of decentralized finance (DeFi) increasingly appearing to be multi-chain, the need to shuttle assets between networks has...
Bitcoin Futures ETFs Are Here. Is a Physical ETF Soon to Follow?
For many advisors, allocating to bitcoin for their clients is a difficult thing to do. Advisors are faced with a difficult decision: They...
How Does Crypto Fit Into a Passive Investment Strategy?
Until recently, there has been little that’s passive about cryptocurrency. From the get-go, buying bitcoin or alternative coins (altcoins)...
You can now buy a Bitcoin ETF: here is where to do it
The first-ever Bitcoin exchange traded fund (ETF), offered by ProShares, launched on Tuesday this week. It is trading under the ticker...
Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M
Canadian crypto miner Hut 8 Mining (Nasdaq: HUT) has bought 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong...
FTX Raises $420,690,000
FTX has memed itself into another massive funding round.Sam Bankman-Fried’s Bahamas-based crypto exchange said Wednesday it had raised...
Nigerian Agency Refuses Blockchain Start-Up Application — Says Tech Not Recognized by Government
Nigeria’s company registration agency, the Corporate Affairs Commission (CAC), reportedly rejected an application for registration...
Asset Manager Pimco to Extend Crypto Involvement: Report
Investment behemoth Pimco, which has over $2.2 trillion in assets under management, has dabbled in cryptocurrencies and plans to invest...
Where to buy GARI coin: a new crypto backed by Bollywood’s Salman Khan
Chingari, an Indian short video sharing application, introduced its first-ever crypto-token, known as Gari coin. The token was launched by...
Bitcoin holds Above $66K, But Elevated Funding Rates Call for Caution
Bitcoin remains on the offensive, thanks to ProShares Bitcoin Strategy ETF’s strong debut on the New York Stock Exchange earlier this...
Sources Say Valkyrie Bitcoin Strategy ETF Set to Launch on Nasdaq This Week
After the Proshares Bitcoin Strategy exchange-traded fund (ETF) listed and smashed records in the first two days of trading,...
Bitcoin gains $2K in hours after BTC price bounces near previous all-time high
Bitcoin (BTC) passed $66,000 again on Oct. 21 after fresh macro turbulence sparked a retest of previous all-time highs. BTC/USD 1-hour...
Crypto Custodian Copper Eyes $2.5B Valuation in $500M Funding Round Talks: Report
Copper, a provider of crypto services for institutions, is in talks over a $500 million funding round that would give the firm a $2.5...
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated....
Ether Tops $4.2K, Eyes Record High
The cryptocurrency hit five-month highs of over $4,200 earlier today, extending Wednesday’s 7.3% gain – the biggest since Oct. 1. The...
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
On Wednesday, the global developer utilizing popular brands, gamification, A.I., blockchain, non-fungible tokens (NFTs), and mobile...
Mars4 – Unique NFT Land Plots of the Red Planet for Crypto Fans
There was a time when space travels showed only on screens and dreams about Mars seemed out of this planet. Welcome to the present, then...
Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting...
Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added...
Australian Senate Committee Makes 12 Recommendations for Crypto Regulation
An Australian Senate Select Committee has submitted its final report on a year-long review of the country’s approach to crypto and...
Following Bitcoin’s all-time high, DeFi TVL hits a record high above $233B
Bullish sentiment is running high across the cryptocurrency market on Oct. 20 as Bitcoin’s (BTC) surge to a new all-time high at $67,000...
US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not...
Price analysis 10/20: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI
Bitcoin (BTC) surged to a new all-time high today, hitting close to $67,000. Ether (ETH) also broke above its immediate resistance and has...
Options Traders Bet Big That Ether’s Turn for an ETF is Coming Soon
Options traders are turning their attention to long-term bullish bets on the cryptocurrency ether, as some anticipate that an ether-based...
Cboe Acquiring Erisx to Enter Cryptocurrency Spot and Derivatives Markets
Cboe is acquiring Erisx to enter the crypto spot and derivatives markets. “With Erisx, in a single step, Cboe is able to enter the...
The View From Brussels: How the EU Plans to Regulate Crypto
The European Union (EU) wants to regulate the digital asset industry; there are a number of bloc-wide initiatives already underway. The...
Mt. Gox Rehabilitation Plan Worth Billions in Compensation Approved; Finalization to Follow
The end of a long journey is finally in sight for the thousands of creditors who lost funds in the infamous Mt. Gox exchange hack. Today,...
Fed Reserve Governor Quarles Doesn’t See Reasoning for CBDC
Federal Reserve board member Randal Quarles said on Wednesday that he did not understand the reasoning behind the issuance of a central...
Valkyrie Secures Go-Ahead for Bitcoin Futures ETF
Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) has won the blessing of the U.S. Securities and Exchange Commission,...
Market Wrap: Analysts Expect Further Upside After Bitcoin Hits All-Time High
Bitcoin rallied to an all-time high of around $66,000 on Wednesday, reversing a nearly 50% correction earlier this year. Traders remain...
Soldex Signs Long Term Partnership With Speqto Technologies
Soldex is thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the development of it’s...
Tesla Takes $51M Impairment Charge for Bitcoin Holdings in Third Quarter
Electric car maker Tesla (TSLA) took an impairment charge of $51 million in the third quarter to account for its bitcoin holdings.Elon...
The UK’s Tax Collector Is Sending Crypto Investors ‘Nudge’ Letters: Report
The United Kingdom’s tax collection agency is preparing to send out letters to crypto investors encouraging them to double-check that...
Vaneck Bitcoin Futures ETF Gets Green Light from SEC — Fund to Join Proshares BTC ETF Listing on NYSE
The wealth manager Vaneck will be launching its bitcoin futures exchange-traded fund (ETF) in the United States following the Proshares...