Quick Look
‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead...
San Jose, ‘Capital of Silicon Valley,’ Wants to Provide Internet to Low-Income Households Using Helium Mining
The California city of San Jose, sometimes called the “Capital of Silicon Valley,” plans to fund internet access for low-income families...
China’s crypto holdouts: Bitcoin nodes and OTC desks struggle on
Despite Beijing’s ever-increasing crackdown on the crypto industry, there are still some signs of life in the People’s Republic regarding...
SBI, Sygnum, Azimut Establish $75M VC Fund for Crypto Startup Investments
A new Singapore-based venture capital fund has been set up by three major financial services firms that will pour $75 million into crypto...
Tesla CEO Elon Musk Opposes Governments Regulating Crypto, Says They Should ‘Do Nothing’
Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended....
Traders identify $41K as Bitcoin’s key support to hold for the short-term
Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China’s crypto crackdown and uncertainty about the...
DeFi Money Market Compound Overpays $15M in COMP Rewards in Possible Exploit
In a possible exploit on Wednesday night, decentralized money market Compound has been erroneously paying out millions of dollars in COMP...
Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining
The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an...
SEC Crypto Regulations Need ‘Even Application,’ Says A16z’s Katie Haun
Andreessen Horowitz (a16z) General Partner Katie Haun said the crypto industry isn’t opposed to regulation but does need clarity from...
DYDX gains 80% in a week — What’s driving the DEX token rally?
Decentralized exchange dYdX’s native token DYDX surged by nearly 80% this week as traders assessed its potential against...
Celer (CELR) gains 400% after traders embrace its multi-chain ‘cBridge 2.0’ solution
High transaction costs have been a thorn in the side of investors and developers for more than a decade and the issue became worse in 2021...
Price analysis 9/29: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, UNI
Bitcoin (BTC) and Ether (ETH) are attempting to bounce off their critical support levels as bulls try to thwart attempts by the bears to...
Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility
On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the...
Twitter Exec Shares ‘Sneak Peek’ of NFT Profile Verification
Twitter’s head of consumer marketing Justin Taylor tweeted a video on Wednesday showing what the company is working on for its NFT profile...
Market Wrap: Analysts Expect Higher Bitcoin Trading Volume in October
Bitcoin traded in a tight range on Wednesday as buyers continue to hold support (the price level an asset does not fall below for a period...
CFTC Files Charges Against 14 Crypto Companies
The Commodity Futures Trading Commission (CFTC) has filed charges against 14 crypto companies—12 the regulator says failed to register as...
Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
Ripple’s (XRP) rallied 72% from Aug. 7 to Aug. 14 but since then, every attempt to break out of the descending channel has been...
Is Kraken’s Settlement With the CFTC Actually Bullish?
This episode is sponsored by NYDIG.Download this episodeToday on “The Breakdown,” NLW looks at the $1.25M settlement Kraken just finalized...
Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token
In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing...
Crypto Gains Ground in Latin America Amid Venture Capital Boom
Latin America is experiencing a boom in venture capital investments.In the first six months of 2021, the region registered nearly $6.5...
Pro-Crypto Senator Lummis Thinks Stablecoins Should Face Audits
Sen. Cynthia Lummis (R-Wyo.) took aim at stablecoins on Wednesday, saying they “must be 100 percent backed by cash...and this should be...
SwissOne Capital AG Makes It Easy for New Investors to Take Advantage of the Top 50 Cryptocurrencies With Smart Index Crypto Fund Tracker Certificate
PRESS RELEASE. Zug, Switzerland: SwissOne Capital AG, a specialized digital asset manager with a focus on blockchain investment funds, has...
Everything You Need to Know About Ethereum 2.0
Ethereum 2.0 is coming.The years-long upgrade – intended to radically transform the world’s largest smart-contract platform – is inching...
A Battle for Bitcoin’s Soul, With Jill Carlson and Raoul Pal
Join Michael Casey and Sheila Warren as they speak with Jill Carlson, founder of the Open Money Initiative, and Raoul Pal, CEO of...
Gensler Reiterates Support for Futures-Based Bitcoin ETFs
Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his support Wednesday for a narrow class of bitcoin...
CME Ethereum Futures, Explained
Investors can now attempt to profit from the future price movements of Ethereum’s main crypto token, ether (ETH), on the Chicago...
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile,...
El Salvador’s Bitcoin Volcano Can Be a Model for Cleaner Crypto
Yesterday afternoon, Salvadoran President Nayib Bukele posted a short video of workers installing a shipping container full of...
China is Getting Out of Crypto Mining. Is North America Ready to Embrace it?
Beijing has been playing around with the notion of cryptocurrencies and blockchain for more than a decade. While the Chinese government...
How Does Ethereum Staking Work?
The launch of the Beacon Chain network in December introduced the first iteration of protocol-level staking for Ethereum investors.Put...
Crypto WeChat Groups Suspended by Organizers Amid China’s Crackdown
Organizers of various crypto communities on WeChat are shutting down their private groups following the latest crackdown from China’s...
The First Euro Stablecoin Gets a Boost
There’s a chasm between the fast-developing world of decentralized finance (DeFi) and the old-school world of regulated TradFi, or...
Cool green mayor giving a grand in Bitcoin to each resident
Cool Valley, Missouri, a small town of about 1,500 in the St. Louis County area, found itself the subject of international attention...
China Crypto Bans: A Complete History
Those familiar with the crypto industry will understand that China’s latest crypto ban is not entirely a surprise. The country has...
Developing the Hack-Proof Privacy Coin: No ‘PICNIC’
Even the best anonymous chains were only as secure as their users- until now.Privacy coins have become a fixture in the crypto market....
Bitcoin ‘FOMO rally’ long overdue that could see BTC price top $200K — Bobby Lee
Bitcoin is long overdue for a “FOMO rally” to new all-time highs that could touch $200,000 or more, say one of its oldest investors. In an...
Using NFT Marketplaces for Philanthropy
Many different potential use cases for non-fungible tokens (NFTs) have come to light in the last few years, including art, gaming, luxury...
Building the Blockchain Business of the Future
The trillion-dollar tech giants of the future will likely come from the world of crypto. Blockchain and encrypted assets are...
Qilin Puts Liquidity at the Heart of Crypto Derivatives
The spot trading and swapping market in decentralized finance (DeFi) has grown exponentially over the past year, but the DeFi derivatives...
Crypto News Roundup for Sept. 29, 2021
This episode is sponsored by Kava, Nexo.io and Bitstamp.Today’s Stories:Bitcoin Consolidates Above $40K Support; Resistance at $45KMarket...
Bank of England Unveils CBDC Forum Members, Including Reps From Asos, Spotify and PayPal
Representatives from such firms as Asos, Spotify and PayPal have been named to the Bank of England’s forum for the exploration of a...
Greenidge Generation Shares Jump 30% After Analyst Sees Potential 200% Upside
Shares of Greenidge Generation Holdings Inc. (NASDAQ: GREE) soared 30% after investment firm B. Riley initiated its coverage of the...
Crypto Evolution in Real Time
Many crypto companies begin life focused on their products and individual customers. As the crypto markets gain institutional acceptance,...
Health token MED skyrockets to $0.06: where to buy MediBloc
The MediBloc (MED) token is up by 11% in the past 24 hours and is poised for another leg of the rally The MediBloc token has seen a strong...
Swiss Regulator Approves First Crypto Fund: Asset Manager Says ‘It’s an Exceptional Achievement’
Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset...
El Salvador’s President: ‘First Steps’ Being Made to Power Bitcoin Mining With Volcanic Energy
El Salvador’s President Nayib Bukele said that the Central American country is taking the “first steps” to develop volcanic energy for...
Algorand Boosts Smart Contract Performance With ‘Virtual Machine’ Launch
Algorand smart contracts are getting a performance boost.On Wednesday, the company behind the proof-of-stake blockchain released a...
Where to buy Paribus as DeFi token PBX jumps by 12%
The Paribus (PBX) token has seen a strong price surge and is currently trading at $0.01 at the time of writing The DeFi token PBX is up by...
SciFi game token ETERNAL skyrockets: where to buy CryptoMines
The CryptoMines (ETERNAL) token has joined the bull run with 69% gains in the past 24 hours The CryptoMines token has seen a strong surge...
Where to buy Perpetual Protocol as PERP registers 13% gains
The Perpetual Protocol (PERP) token has rallied by 13% in the past 24 hours with bulls determined to push prices towards the $18 level and...
Why Did Virgil Griffith Plead Guilty?
There has never been any doubt that Virgil Griffith did, in fact, go to North Korea and give a cryptocurrency talk. But the reason is...
China’s Bitcoin Ban May Be Bullish for DeFi – But Only Briefly
A price rally for the native tokens of leading decentralized finance (DeFi) protocols came as no surprise after China tightened its...
Cross-Chain Wallet XDEFI Raises $6M to Take On MetaMask, Phantom
After a $6 million raise from leading blockchain venture capital firms and decentralized finance (DeFi) power users, the XDEFI wallet is...
Ripple Launches $250M NFT Fund
Ripple is launching a $250 million fund focused on exploring new use cases on non-fungible tokens (NFTs) on the XRP Ledger (XRPL).The...
Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed
The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for...
4K NFT Marketplace Goes Live, Bringing Physical Goods to the Blockchain
A tokenized Rolex?4K platform, a marketplace that allows users to mint non-fungible tokens (NFTs) representing physical assets, launched...
Solana-Based NFT Firm Metaplex Names Adam Jefferies CEO of New Studio
Metaplex, a company that allows creators and brands to build their own non-fungible token (NFT) storefronts on the Solana blockchain, has...
ConsenSys-Backed Palm Blockchain to Host DC Comics NFT Drop
The ConsenSys-backed Palm blockchain scored a major win on Wednesday morning, announcing that the network will be home to a non-fungible...
BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin
Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle...
Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market
As a pitched battle in U.S. Congress raises the risk of a default on the government’s $28 trillion of debt, some cryptocurrency traders...
Swash Will Bring You Back Control of Your Data so You Can Earn From It, Not Tech Monopolies
Who controls your data is a vital and growing concern these days. People are now fully aware of how the giant tech monopolies are...
R3, Once Banking’s Blockchain Bet, Is Spinning Up a DeFi Token
R3, the startup that began with a consortium of banks trying to figure out how to use cryptocurrency technology in a private setting, is...
Pawn Your CryptoPunk: A New NFT DeFi Lending Market Blooms
It’s like a pawn shop for NFTs.A startup blockchain project called NFTfi is allowing users to borrow against their non-fungible tokens, in...
CFTC hits Kraken with $1.25M fine over illegal crypto products
The CFTC says the penalty is one of the actions it’s taking to protect US investors Kraken, one of the leading US-based...
Swiss regulator FINMA approves first crypto assets fund
The index fund is the first such investment product to receive regulatory approval in Switzerland The Financial Markets Supervisory...
Ethereum Is Only as Strong as Its Weakest Link
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on...
Chainalysis data names Europe as the biggest crypto market
The report detailed that the European region recorded crypto transactions worth north of $1 trillion over the past 12 months A Chainalysis...
Central Bank of Ukraine Seeks to Hire Blockchain Developer
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been...
What Is an ICO?
ICO stands for “initial coin offering,” and refers to a formerly popular method of fundraising capital for early-stage cryptocurrency...
Bitcoin Consolidates Above $40K Support; Resistance at $45K
Bitcoin (BTC) is attempting to break above a series of lower price highs over the past few days, although upside appears to be limited...
Industry giant Bitmain to halt sales in China
The cryptocurrency hardware firm is reportedly seeking to move out of the Chinese market Crypto equipment manufacturer Bitmain is...
Aave price analysis: an AAVE downtrend could extend to $200
The negative sentiment associated with China's crackdown on crypto has affected the market outlook of most altcoins Aave's price is...
Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up...
Bitcoin Eyes Biggest Monthly Price Loss Since May
Bitcoin appeared set to end the seasonally bearish month of September on a negative note, thanks to instability in global financial...
Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform
Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The...
S. Korea Bans Virtual Asset Services Staff From Trading Their Platform’s Tokens
South Korea banned virtual asset services providers (VASPs) and their staff from trading tokens they issue, the country’s Financial...
Cardano to Invest $100 Million to Fund Decentralized Finance Projects
Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of...
Crypto Exchange CoinJar Secures UK FCA Registration, Advocates For License in Australia
The U.K. subsidiary of Australia’s longest-running crypto exchange has received registration from the U.K.’s Financial Conduct Authority...
Pan-African Exchange Yellow Card Raises $15 Million in Latest Funding Round
Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding...
Huobi-Backed SocialFi Platform, Torum to Make Social Metaverses a Reality With Avatar NFTs
PRESS RELEASE. Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi...
Ahead of Crackdown, Huobi Scrambled to Move Staff Out of China, Insiders Say
Months before China’s latest crackdown, the Huobi Global cryptocurrency exchange relocated substantial parts of its operations out of the...
Switzerland’s SEBA Bank Snags First FINMA License for Liquid Crypto Funds
SEBA Bank has been given permission by regulators to offer digital assets to Swiss-domiciled mutual funds, the first such license to be...
China’s Great Firewall Censors Crypto Websites Coingecko, Coinmarketcap, Tradingview
On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of...
Thailand’s Tourism Authority Floats Idea of Utility Token to Attract Crypto Holders: Report
The Tourism Authority of Thailand (TAT) is exploring the possibility of minting its own utility token in a bid to cultivate crypto revenue...
US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally
Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury...
VORTECS™ Report: This key trading algo spotted bullish altcoin setups even as BTC price fell
Last week was challenging for crypto traders, with Sept. 24’s FUD-triggering crypto-ban news out of China wiping out much of the gains...
SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that cryptocurrency “is not going to end well...
Fintech App Titan Adds Algorand, Chainlink and Uniswap to Actively Managed Crypto Fund
Titan has added ALGO, LINK and UNI to the actively-managed crypto portfolio it launched in August following its Series B raise led by...
Bears apply the pressure as Bitcoin price revisits the $41K ‘falling knife’ zone
“Don’t fight the trend” is an old saying in the markets, and there are other variants of the phrase like “never...
Stablecoin launch and NFT integration back COTI’s rise to a new all-time high
The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being...