PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It...

Major players in the crypto industry want favorable regulations, and they’re actively explaining their own visions. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for...

Robinhood (HOOD) shares were falling 7% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue expectations as its cryptocurrency revenue fell sharply from the second quarter’s record high.Robinhood said its crypto revenues...

“You’re moving from a very slow, archaic world into a fast-moving world. There’s a lot to bridge there.”Lacey Shrum, CEO of Smart Kx, joins “On Purpose” host Tyrone Ross to discuss the improvements technology can make in the adviser space, starting with the...

Bitcoin traded in a tight range on Tuesday as extreme bullish sentiment appears to be cooling. The cryptocurrency was trading at around $62,000 at press time and is roughly flat over the past 24 hours.The bitcoin Fear & Greed Index is starting to decline from its...

Cryptocurrency exchange FTX will air a commercial during the National Football League’s Super Bowl on Feb. 13, CEO Sam Bankman-Friend confirmed to CoinDesk on Tuesday.FTX has been a big spender in the sports advertising space, having locked down major deals with the...

At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions...

This episode is sponsored by NYDIG.Download this episode2021 has been the year of crypto regulation. In China, that has manifested as a complete banning of bitcoin mining and crypto trading. In the U.S., the verdict is still out, but it has been clear there has...

The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the...

Calls for an altseason continue to grow louder as the price action in the altcoin market has been on the rise for a few days. Meanwhile, Bitcoin continues to consolidate below its all-time high near the $62,000 support level. Oftentimes, moves in altcoins center...

Today marks 20 years of the so-called “Patriot Act,” a law passed to “deter and punish” suspected terrorists in the wake of the Sept. 11, 2001, attacks. Many provisions of the law were unconstitutional, many were ineffective. In fact, in 2015 a subsequent law replaced...

Seven-time Super Bowl champion Tom Brady announced on ESPN that he was giving a Tampa Bay Buccaneers fan a bitcoin for returning the star quarterback’s 600th touchdown pass ball. However, experts have said that if the fan kept the ball it possibly could have...

Former White House communications director Anthony Scaramucci’s money management firm, SkyBridge, is privately offering investors the chance to invest in Kraken ahead of a planned effort to take the U.S. cryptocurrency exchange public next year.In an email to...

Greenidge Generation outperformed other crypto miners, as the Wall Street firm B Riley hiked the company’s price target and earnings estimates citing its expansion plans.Greenidge shares (GREE) rose more than 6%, while most crypto miners were down on Tuesday, making...

The rise of bitcoin, ether, Cardano’s ADA and related cryptocurrencies – with market capitalizations returning to all-time highs and at times rivaling that of metals like silver and the world’s major financial companies – warrants an examination of investor views,...

If you’ve walked by Columbus Circle in Manhattan this week, just south of Central Park on 57th Street, you may have noticed a mysterious billboard displaying individual words and phrases such as “electronic,” “a solution” and “are lost” with little explanation.Crypto...

International police including the FBI-led Joint Criminal Opioid and Darknet Enforcement (JCODE) and Europol have busted a group of 150 alleged darknet drug traffickers, seizing $4.9 million in cryptocurrencies.The operation dubbed “Operation Dark HunTor” cracked down...

Only days after launching one of the only bitcoin exchange-traded funds (ETF) to make it past U.S. regulators, Valkyrie Investments is trying to lever up – literally.The crypto investments firm filed on Tuesday to offer a 1.25x leveraged bitcoin futures ETF to U.S....

Bitcoin (BTC) marking a new high of $67,000 last week has opened the possibility of hitting $100,000 by the end of this year. PlanB, creator of the popular Bitcoin Stock-to-Flow (S2F) model, called Bitcoin’s price retracement from the $60,000-level the “2nd leg” of...

Shiba Inu (SHIB) may see a pullback by almost 25%–35% on fears that the cryptocurrency’s excessive price rally in October has left it overvalued, a key indicator shows. Dubbed the Relative Strength Index (RSI), the indicator measures the magnitude of an...

The market history of non-fungible token (NFT) sales has been steadily expanding during the last three months, according to statistics from nonfungible.com’s historical market data. NFT sales over the past three months have increased by 464% since June 27 and...

Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third United States regulated exchange-traded fund (ETF) failed to budge the sideways price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $61,600 support target for BTC Data from...

This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Market Wrap: Bitcoin in Recovery Mode as Altcoins OutperformStock Futures Rise Ahead of Tech EarningsSolana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s GainsEuropean...

Tether Operations Limited, the firm operating Tether (USDT), announced on Tuesday that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance. Tether will begin testing Notabene’s cross-border transaction monitoring system for virtual...

It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and...

Cross-chain wallet XDEFI is looking to raise $12 million by selling its new utility token, $XDEFI, on a decentralized exchange (DEX), a spokesperson told CoinDesk.The token, which conforms to ERC-20, will be used to fund decentralized finance (DeFi) and non-fungible...

Venture cash keeps pumping Solana-based decentralized finance (DeFi); derivatives exchange Drift Protocol is the latest to benefit with a $3.8 million seed raise.Multicoin Capital led the token sale with crypto trading firms Jump Capital and Alameda Research joining,...

Helium is partnering with internet service giant DISH on its quest to build a user-powered wireless network, the company announced Tuesday.The deal marks the first collaboration between Helium, a decentralized internet network with over 250,000 hotspots, and a major...

Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange...

GameStop is looking to build an Ethereum-based Web3 arm, according to a job listing posted by the company nine hours ago.The retailer said it’s looking for someone with “experience with Ethereum, NFTs [non-fungible tokens], and blockchain based gaming platforms” for...

The world faces “strong inflationary pressure” in the short term, and it may persist, warns the world’s richest man. In a debate about inflation, some of the best-known names in Bitcoin (BTC) voiced unanimous doubts about the state of global monetary policy. Future of...

CoinList, a token sale platform popular among cash-hungry crypto projects and early investors alike, has raised $100 million in its first equity round in nearly two years.The company is now valued at $1.5 billion, CEO Graham Jenkin told CoinDesk. He said Accomplice VC...

Sipher has closed a $6.8 million seed round co-led by Arrington Capital, Hashed and Konvoy Ventures. The funding will help accelerate the development of the upcoming World of Sipheria play-to-earn game, which is expected to launch in December.“The Sipher team, led by...

An ambitious new project from a pair of young founders is hoping to expand and decentralize data access for blockchains, and they just raised $2.8 million to do it.Kyve – a stylized take on the second syllable of “archive” – has closed its second funding round led by...

PRESS RELEASE. BlockBank, the platform disrupting mobile banking by blending it with decentralized finance (DeFi) and Artificial Intelligence (AI) technology, is officially launching its all-encompassing financial application in Q4 of 2021. On a mission to grow...

Australian bitcoin mining company Iris Energy filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million.The Sydney-based company said on Monday that it intends to list its ordinary shares on the...

The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to...

Coinbase (NASDAQ: COIN) “offers investors direct exposure to increased retail and institutional adoption” of digital assets, Citi said in a note initiating coverage of the crypto exchange with a buy rating and a $415 price target.“For its position within the crypto...

Electric car maker Tesla is likely to start accepting Bitcoin for its cars, details filed with the US Securities and Exchanges Commission (SEC) show. Tesla hinted at the possibility of accepting cryptocurrency payments in financial details related to its initial...

After months of waiting, the Bank of Spain has finally issued instructions on how to register to offer crypto-related services in the country.Institutions are instructed to apply through an electronic registry, after which the central bank will take up to three months...

Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly launched exchange-traded funds (ETF) last week, data shows. Figures shared by Grayscale executives among others confirm that GBTC has quietly delivered better investor returns...

The last time the Bitcoin network locked in a major upgrade, in July 2017, the cryptocurrency’s price jumped almost 50% through Aug. 23, when the changes went live.Now, as the original blockchain network prepares for its next big upgrade in November, known as Taproot,...

The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they already comply with...

Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap...

There is never a dull moment in the crypto market.While bitcoin and the broader crypto market appear to be in stasis at press time, FXS, a governance token of a lesser-known fractional algorithmic stablecoin protocol Frax, has jumped 80% in 24-hour. You read it right;...

Stablecoin issuer Tether is taking steps to be more compliant with global crypto regulations.Tether announced on Tuesday that it has begun a trial partnership with Notabene, a digital identity startup that provides know-your-customer (KYC) infrastructure to crypto...

Developers on the NEAR blockchain are getting a lift Tuesday with data indexing and query service The Graph going live in beta.The Graph is a decentralized indexer used by developers to access key data such as prices on automated market makers (AMMs), user information...

Stellar, the blockchain network dedicated to facilitating cheap cross-border financial transactions, is set to enable two more remittance channels between Europe and Africa. According to an announcement released October 25, the Stellar Development Foundation (SDF) has...

Dubai’s Financial Services Agency announced new rules for “investment tokens,” which can represent securities or be derivatives.The agency defines investment tokens as cryptographically secured tokens that have some of the same attributes as securities and...

SOL broke above the previous ATH near $215, with the upside momentum pushing it to a new all-time high near $220. Solana (SOL) has been one of the best-performing crypto assets over the past few weeks. According to data from CoinGecko, SOL's price has increased by 32%...

The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain...

Leveraged funds on the Chicago Mercantile Exchange (CME) raised their bets against bitcoin to record high in the week ended Oct. 19, possibly to profit from the widening gap between futures and spot markets prices.The Commodity Futures Trading Commission’s (CFTC)...

London-based regtech firm ComplyAdvantage is beefing up its cryptocurrency anti-money laundering (AML) capabilities by partnering with blockchain sleuthing company Elliptic.ComplyAdvantage is already working with crypto firms like Paxos and Gemini, but mainly to...

PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a...

Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate. Shezi out on Bail The bitcoin trader’s court appearance came just days after he honored his pledge to...

The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to...

Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that reward and incentive programs are one of the best ways to attract new users and protocols to a project. One...

Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.” Lots of People Elon...

The U.S. Securities and Exchange Commission (SEC) may have moved one step closer to achieving significant oversight on stablecoins.According to a Bloomberg article on Monday, which cited people familiar with the matter, a report by the U.S. Treasury Department and...

Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability...

Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder,...

Bitcoin (BTC) has recovered from the dip below $60,000, indicating strong buying at lower levels. CryptoQuant CEO Ki Young Ju said that investors used market orders to buy $840 million worth of Bitcoin futures on dips to $60,000. This suggests that analysts are...

Player wins a mighty big jackpot in the flashy new sequel Aloha King Elvis! on our crypto casino! A massive 1000x on the exciting Hawaiian-themed slot game The charismatic Elvis Frog has been taking a trip to Hawaii lately in BGaming’s popular new...

PRESS RELEASE. MetaWars, an innovative, multiplayer strategy blockchain-based game, has successfully raised $2.3 million USD from its supporting investors. MetaWars has collaborated with various investors and partners to incorporate blockchain into the emerging gaming...

Bitcoin is recovering from a weekend dip as traders anticipate the third U.S. futures-focused bitcoin exchange-traded fund (ETF) listing. The VanEck Bitcoin Futures ETF is expected to launch on Tuesday and will trade under the ticker symbol XBTF. Analysts continue to...

Facebook will begin breaking out the results for Facebook Reality Labs (FRL), its augmented/virtual reality division starting in the fourth quarter, the company announced in its third quarter earnings release.”As we have discussed, we are dedicating significant...

After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a...

Bakkt (NYSE: BKKT) shares jumped about 180% Monday and reached a record high of $28 after the digital asset platform announced two partnerships. Mastercard and Bakkt said Monday morning that they’re working to allow consumers to buy, sell and hold digital assets...

This episode is sponsored by NYDIG.Download this episodeAt Messari’s Mainnet conference in September, rumors flew that the U.S. Securities and Exchange Commission had served a subpoena on a decentralized finance (DeFi) protocol founder moments before he was set to...

Last week, a crypto investment collective called PleasrDAO paid $4 million for a copy of the Wu-Tang Clan’s seventh album, “Once Upon a Time in Shaolin.”If that sounds insane to you, consider the circumstances, which are also insane. The record was conceived as a...

Sam Altman’s Worldcoin project, which promises to distribute a universal basic income (UBI) to global citizens willing to have their retina scanned, came in for a fresh round of incredulous backlash from privacy advocates after announcing new funding last week. Early...

Digital Currency Group, a crypto-industry holding company, came out in defense of its subsidiary Grayscale’s Grayscale Bitcoin Trust (GBTC) last week, when the fund’s shares traded on Monday at a 20.53% discount to its underlying bitcoin holdings – the steepest in...

On Sunday, Elon Musk discussed his relationship with the Dogecoin Foundation and he mentioned a few improvements he’d like to see implemented via Dogecoin Core’s codebase. Meanwhile, Github metrics show developers have been working on Dogecoin Core...

The cryptocurrency market is abuzz on Oct. 25 as the sight of multiple altcoins hitting new all-time highs and Bitcoin’s (BTC) return to $63,000 has traders looking for a resumption of the bullish uptrend. Top 7 coins with the highest 24-hour price change....

With so much social media hype, mainstream attention and celebrity support it’s easy to think that dogecoin is a solid investment. But is the dog-themed cryptocurrency really as innocent as it looks?Dogecoin has come a long way since its modest beginnings as a parody...

Bitcoin hit a new high Wednesday, topping $20,000, and is continuing to rise. Maybe today is the day that you finally are ready to take the plunge and buy your first few satoshis. Before you do, here are a few suggestions to avoid falling victim to some of the bitcoin...

Non-fungible tokens (NFT) are becoming one of the most important trends in the crypto ecosystem. The first generation of NFTs has focused on key properties such as ownership representation, transfer, automation as well as building the core building blocks of the NFT...

Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before. Skyrocketing prices are surely tempting to newcomers, but they should be aware of the risks before jumping in.If...

Digital assets are resistant to censorship by design and give private key holders complete control over their crypto. The only caveat is that investors are solely responsible for protecting and safely storing their own funds.The crypto community is growing at an...

Bitcoin’s (BTC) recent rally has finally broken through to reach widely anticipated new all-time highs. With September being left behind and “Uptober” delivering on high hopes, many analysts are increasingly confident that the year will play out in the same way as...

Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a digital...

Bitcoin (BTC) price hurtled towards $64,000 in a fresh round of bullishness on Oct. 25 as the market left a weak weekend behind. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin daily gains near 7% Data from Cointelegraph Markets Pro and TradingView...

Investors pumped a record $1.47 billion of new money into digital asset investment products last week, fueled by a rally in cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, a report Monday by CoinShares showed.The increase in flows...

During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a...

By this stage, you will understand how bitcoin works, and what mining means. But we need to get from theory to practice. How can you set up bitcoin mining hardware and start generating some digital cash? The first thing you need to do is decide on what hardware you’re...

This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:European stocks steady as investors prepare for week of tech earningsStock Futures Creep Up Ahead of Tech EarningsTime for Fed to taper bond purchases but not to raise rates,...

Cryptocurrency firm Crypterium has secured Financial Conduct Authority (FCA) registration to operate in the U.K., the firm announced Monday.Crypterium, which offers a cryptocurrency wallet app and has over 400,000 clients in 170 countries, said it is “one of only a...

As huge financial intermediaries increasingly censor online content providers, decentralized technologies de-censor them. It’s not always clear which side to cheer for.Allie Eve Knox, a sex worker who specializes in financial-related fetishes, woke up on Oct. 15 to...

Interest from institutional investors in bitcoin and crypto mining stocks is growing, although most of these investors are still relatively new to the sector and have reservations about the valuation of mining stocks, Wall Street firm DA Davison’s analyst wrote on...