Quick Look
DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
Bucharest, Romania, 12th December, 2022, Chainwire After experiencing success in the crypto space, DeFi Yield Protocol announces a...
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in...
11 Best Crypto Presales to Invest in 2022 (Upcoming Presales)
With the crypto world continuing to rapidly expand, investing in new digital assets can be a tricky endeavour but also highly lucrative....
‘Biggest week of the year’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000. After its latest weekly...
Bitcoin Lightning Network to be used in fiat transfers between EU and Africa
The ongoing crypto winter is not stopping the industry from pushing for global adoption and accessibility. A new partnership between...
What is a Doji candle pattern and how to trade with it?
The Doji candlestick, also called a Doji star, shows indecision between buyers and sellers in the crypto market. This type of candlestick...
World Cup is more exciting with Welcome bonus up to 5,000 USDT from Coinplay
Willemstad, Curaçao, 12th December, 2022, Chainwire Coinplay is a licensed crypto sportsbook which gives an opportunity to the...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data
Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures...
Will Toncoin hit the $2.5 resistance mark after rallying by 8% today?
Toncoin is the best performer amongst the top 100 cryptocurrencies by market cap today. TON surpassed the $2 psychological level earlier...
Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for...
Litecoin price prediction: US inflation, Fed decision
Litecoin price has formed a head and shoulders pattern. The US will publish the latest inflation data on Tuesday. The Fed will deliver its...
LEVER price is defying gravity as cryptocurrencies sink
Cryptocurrency prices have been under pressure in the past few days. Lever has been an outlier as it has jumped by 354% from its lowest...
Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens ‘Have Not Been Shown to Have Any Economic Value at All’
Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the...
Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba
Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining...
Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength
The relief rally in the United States equities markets took a breather this week as all major averages closed in the red. Traders seem to...
Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians
Residents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this...
Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.”...
Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse
Rock band Kiss’ lead singer Gene Simmons has confirmed that he is still holding crypto despite the crypto winter and the collapse of...
Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter...
SBF ‘didn’t like’ decentralized Bitcoin — ARK Invest CEO Cathie Wood
Bitcoin (BTC) is too “decentralized and transparent” for former FTX CEO Sam Bankman-Fried, says Cathie Wood. In a tweet on Dec. 10, Wood,...
Report: Before the Bankruptcy Filing, FTX Co-Founder SBF Was Told by Crypto Execs to ‘Stop Trying to Depeg Stablecoins’
According to a recent report published by the Wall Street Journal (WSJ), cryptocurrency executives were allegedly concerned that Sam...
New York Times, FT, Bloomberg Blasted for Attempting to Get FTX Creditors’ Names Unsealed
Amid the ongoing FTX bankruptcy proceedings, court documents indicate that media firms such as Bloomberg, the New York Times (NYT), Dow...
FTX Insider Reveals New Document, Musk Catches Flak for SBF Comments, Nobel Prize Laureate Krugman Warns of Eternal Winter for Blockchain — Week in Review
It’s been another wild week in crypto, with a claimed FTX insider revealing a controversial document related to former Alameda...
Another Member of Russian Crypto Pyramid Finiko Arrested in UAE
Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi...
Astar Network CEO: Webassembly Smart Contracts Are Going to ‘Pull a Lot of Talent From Web2 to Web3’
Ethereum is almost universally credited for kickstarting the Web3 revolution after it brought to life the concept of smart contracts....
Sam Bankman-Fried’s parents no longer on the Stanford Law School roster
The domino effect of FTX CEO Sam Bankman-Fried’s actions came full circle as his reputation began impacting the professional lives of his...
Biggest Movers: UNI Higher, DOGE in Red on Saturday
Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses...
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations...
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics...
This Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets
During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community...
Florida best-prepared US state for widespread crypto adoption: Research
It’s not just pro-crypto regulations but also a supporting infrastructure that allows sustainable crypto adoption in any jurisdiction....
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings...
Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst
Bitcoin (BTC) maintained $17,000 support into Dec. 10 ahead of a critical week of macro data. BTC/USD 1-hour candle chart (Bitstamp)....
Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to...
What is spot trading in crypto and how does it work?
Since their inception, cryptocurrencies have seen rapid growth and widespread market adoption, as evidenced by the assets tied to crypto...
Robert Kiyosaki Expects Bitcoin Investors to Get Richer When Fed Pivots, Prints Trillions of Dollars
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that bitcoin investors will get richer when the...
Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K
Bitcoin (BTC) price had a mixed reaction on Dec. 9 after the November report on United States producer prices showed a 7.4% increase...
Elon Musk: Recession Will Be Greatly Amplified if the Fed Raises Rates Next Week
Billionaire Elon Musk, the CEO of Tesla and Spacex, has warned that the recession will be “greatly amplified” if the Federal...
Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10
Top Stories This Week 7 class action lawsuits have been filed against SBF so far, records show Former FTX CEO Sam Bankman-Fried has been...
Judge Dismisses Crypto Lawsuit Against Kim Kardashian
A class action lawsuit against Kim Kardashian and Floyd Mayweather Jr. over their promotion of crypto token ethereummax has been...
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
While many crypto fraudsters were able to slip through the cracks in the past, the same does not hold for FTX CEO Sam Bankman-Fried (SBF)....
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the...
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2...
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency...
Argentina Organizes National Blockchain Committee to Implement State Level Strategy
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level...
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader...
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The...
Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group
This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer...
Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
The United States equities markets are headed for a down week as market participants remain cautious ahead of next week’s key...
US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC)...
Data shows the Bitcoin mining bear market has a ways to go
Bitcoin (BTC) mining is the backbone of the BTC ecosystem and miners’ returns also provide insight into BTC’s price movements and the...
Report Shows Crypto News Publication The Block Was Secretly Funded by Bankman-Fried’s Alameda
On Dec. 9, 2022, Axios reporter Sara Fischer reported on the CEO of the crypto media The Block after it was discovered that the chief...
Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai,...
ApeCoin staking launches with a thud! Will bulls overcome relentless bears?
ApeCoin gained 3% on Friday and remains green over the week ApeCoin will start to issue staking rewards on December 12 The cryptocurrency...
Crypto pundit thinks Ripple will lose against the SEC. Here is how XRP is behaving
XRP has been trading at or slightly below the $0.4 resistance Gene Hoffman expects SEC to win the case against Ripple XRP awaits further...
Ethereum rises above $1,250 support, but buyers may still be unconvinced
Ethereum gained 2% to maintain above support Ethereum has been witnessing whale accumulation at $1,230 The cryptocurrency still lacks a...
BNB to $266? Will a bitter exchange between Binance CEO and SBF hurt token further?
Binance has been on a slow decline since touching $315 The cryptocurrency has lacked positive catalysts to take the price higher BNB faces...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the...
ZOGI Token Launches on Cronos, BNB Chain and Ethereum With Revolutionary Wrapper
Dubai, December 9th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the...
Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound
Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market...
BTC price tests $17K on PPI as Bitcoin analysts eye CPI, FOMC catalysts
Bitcoin (BTC) fell on the Dec. 9 Wall Street open as United States economic data appeared to disappoint markets. BTC/USD 1-hour candle...
Over the Last Year, Bitcoin’s Market Cap Slid From the World’s 8th Most Valuable Asset to the 26th Position
In Nov. 2021, bitcoin’s market valuation managed to make it into the top ten list of assets ranked by market capitalization, as it...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, Following Volatile Week of Trading
Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in...
NFTs could help solve diamond certification fraud
Diamonds may be a girl’s best friend, but unfortunately, the billion-dollar diamond industry is rife with scandal and fraud. There have...
Crypto price predictions: FTX Token, Fetch.ai, Cortex (CTXC)
Cryptocurrencies were still in a somber mood this week. FTX Token rose by more than 30% despite SBF legal woes. Fetch.ai token surged...
Brussels Wants All Crypto Service Providers to Report Transactions of Europeans
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax...
SILK Is Now Available for Trading on LBank Exchange
PRESS RELEASE. INTERNET CITY, DUBAI, Dec. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed SILK on...
Kenya-Based Bitcoin Mining Company Raises $2 Million in Seed Investment Led by Jack Dorsey-Owned Firm
Gridless, a bitcoin mining company operating from Kenya, recently raised $2 million in seed investment from Block, a digital payments...
MATIC set to be bullish after Starbucks Odyssey Beta launches on Polygon
Starbucks Odyssey Beta launches on Polygon. MATIC is up by 4% today and could rally higher soon. The broader crypto market could end the...
Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions
On Dec. 8, 2022, three Democratic politicians from Massachusetts, Oregon, and California revealed legislation aimed at combatting...
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
Bitcoin (BTC) stayed higher after a $17,000 liquidity grab on Dec. 9 as traders targeted further upside. BTC/USD 1-hour candle chart...
Paraguayan Cryptocurrency Law Shelved After Presidential Veto
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document, which sought to...
Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to...
Bitcoin takes liquidity near $17K as US dollar shows weakness pre-CPI
Bitcoin (BTC) ranged below $17,000 at the Dec. 8 Wall Street open as the U.S. dollar threatened further weakness. BTC/USD 1-hour candle...
Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting
Algorithmic stablecoins have had a rough year, starting with TerraUSD (UST) depegging to zero and the subsequent blow-up of Terra’s LUNA...
Total crypto market cap falls to $840B, but derivatives data shows traders are neutral
The total cryptocurrency market capitalization has dropped 1.5% in the past seven days to rest at $840 billion. The slightly negative...
US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research
Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX...
Ren protocol warns users to unwrap tokens or risk losses as upgrade looms
The developers of bridging platform Ren have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,” or...
‘Wolf of Wall Street’ Jordan Belfort Expects Bitcoin and Ethereum to Be ‘Substantially Higher’ Despite FTX Collapse
Jordan Belfort, aka the Wolf of Wall Street, expects bitcoin and ethereum to be “a lot higher” than they are now. Noting that...
Paradigm releases ‘Ethereum for Rust’ to help ensure network stability
Web3 investment firm Paradigm has released a Rust implementation of Ethereum, according to a Dec. 7 announcement from the company’s chief...
Countries and institutions move into crypto despite market drop: Report
The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter...
FTX-Hosted NFTs Point to Broken Metadata, Issue Illuminates Flaws With NFTs Tied to Centralized Clouds
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata,...
FTX’s Odd Relationship With Vertical Farming Firms — A Look at Exchange Boss Ryan Salame’s and Bahamian PM Philip Davis’ Trip to 80 Acres
After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500...
How bullish is Aave after recovering from the $50 bottom?
AAVE has been recovering from the $50 bottom The cryptocurrency has suffered from limited DeFi activity AAVE needs to overcome resistance...
Toncoin is on the verge of a breakout. Here is the next potential target for bulls
Toncoin has been bullish lately The cryptocurrency is retesting the resistance at $1.97 Investors should watch for a breakout for a chance...
Axie Infinity continues to face rejection. Are buyers giving up?
Axie Infinity token lost 6.60% on Thursday despite previous gains Axie Infinity has been recording increasing activity on the platform The...
Solana’s price movement should worry buyers, but still, there is a chance
Solana token has been consolidating for a month The FTX crash has been a blow to SOL’s price and recovery SOL trades with lower...
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research...
Bitcoin slides, but you do not want to miss out on a low price this analyst calls a “steal”
Bitcoin has lost a weekly 1.52%, and bear pressure is high A quantitative analyst expects a bottom in around 3 months but says Bitcoin is...