Quick Look
Highlights April 12: Bitcoin drops below $40K, Monero trading higher
The crypto market as a whole was bearish in Asian hours, turning bullish at the time of writing. Earlier today, major cryptos plummeted as...
Shiba Inu, Solana Tokens Among Four Added to Robinhood
SHIB, SOL, Polygon’s MATIC and Compound’s COMP tokens were added to Robinhood Crypto. Source
Near Protocol price prediction: cup and handle pattern forms
The Near Protocol price has been in a tight range in the past few days even as other cryptocurrency prices retreat. The coin is trading at...
Morgan Stanley Says US Could Regulate Stablecoin Issuers Like Banks
A U.S. CBDC is needed to ensure the dollar remains the world’s dominant payment mechanism, the bank’s analyst said Source
Upland Metaverse Continues to Expand With New Features Following Strong Performance
A new development on Upland will allow you to build your own business in the metaverse, earning tokens and becoming a real entrepreneur....
Ethereum price prediction: Channel signals a drop to $2,650 likely
Ethereum price continued retreating as investors continued worrying about the rising bond yields. ETH crumbled to a low of $2,960, which...
Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months
According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of...
Indian crypto exchanges’ volume plunges as 30% tax goes into effect
Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after...
Lack of proper financial services boosts crypto ownership in Nigeria, says report
A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial...
How Ichi Tokens Plunged 90% After Bad Debt Fiasco on Rari
Cascading liquidations on an over-collateralized pool on Rari led to the sudden price drop, observers noted. Source
Zilliqa is down 14%, time to buy the dip? Top places to buy Zilliqa now
After an impressive rally, Zilliqa has seen the market curse catch up to it. It’s one of the biggest losers on the charts today,...
Monero is the biggest top 100 gainer today: here’s where to buy Monero
Privacy token Monero enjoyed a surge of popularity when Russia invaded Ukraine and has been gaining steadily ever since. One of the...
White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus Inflation
White House blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the Labor...
IOST Foundation Starts $100M Fund for EVM Developers
The IOST Foundation is funding this venture through its institutional investment partners, with Big Candle Capital (BCC) leading the...
Why did Radio Caca (RACA) price surge by 20% on Sunday and then pull back afterward?
RACA token surged from $0.0018 to $0.0021, a 20% up In the early hours of Sunday morning. It went on with the dip and at the time of...
Bitfinex and Tether Launch Public Fund to Support Salvadoran Families Affected by Gang Violence
Bitfinex, a cryptocurrency exchange, and Tether, issuer of USDT, the largest stablecoin by market cap, have partnered to launch a...
Bitcoin briefly declines below $40k. Will it drop towards $35k soon?
The broader cryptocurrency market has been underperforming over the past few days. The cryptocurrency market has been underperforming...
Three-quarters of BTC addresses still in profit despite market decline: Glassnode
The price of Bitcoin (BTC) has been on the decline again recently, but new insights from blockchain analytics firm Glassnode show that up...
Bitcoin claws back $40K as 24-hour crypto liquidations near $500M
Bitcoin (BTC) attempted to reclaim $40,000 as support on April 12 after a troubling start to the week saw BTC/USD hit three-week lows....
Crypto market might experience a crash in the second quarter of 2022, says Arthur Hayes
The cryptocurrency market has been underperforming in recent months, and more bearish performance could be expected soon. Arthur Hayes,...
More to come following Middle East expansion, says Binance CEO
Binance is expanding its presence in the Middle East, and the company’s CEO said there is more to come. Leading cryptocurrency...
MinePlex price is up by more than 49% today: why is the price of PLEX rising?
MinePlex price has been rising since April 6 and its bullish trend seems to be gaining momentum every day. At the time of writing, PLEX...
Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex
The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without...
NFT Marketplace Gem.xyz Ousts Developer Over 'Pattern of Sexual Misconduct'
Co-Founder Lorens Huculak says developer 'Neso' was dismissed after team was made aware he was engaged in a pattern of sexual misconduct....
Long Crypto Traders Feel Pain as Bitcoin's Slide Leads to $430M in Liquidations
Nearly 90% of all liquidations in the past 24 hours came from traders betting on the upside. Source
Epic Games Teams Up With Lego to Build a Kids Metaverse
Epic Games, the game developing studio, and Lego, the famous construction block company, have announced a partnership to develop a...
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition,...
Billionaire David Rubenstein on Why He Changed His Mind About Crypto — Says ‘I Was Skeptical in the Beginning’
David Rubenstein, the founder of Carlyle Group, one of the largest investment firms managing over $300 billion, says he was skeptical of...
Bitcoin price dip to $39.2K places BTC back in ‘bear market’ territory
The cryptocurrency market took a turn for the worse on April 11 after concerns related to rising inflation, the prospect of several more...
IDEG Asset Management Partners With Coinbase Prime to Launch Actively Managed ETH Fund
The new fund will be part of IDEG’s thematic product suite, "TIMES." Source
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as...
First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K
The CEO of the infamous Mt. Gox crypto exchange, which shuttered in 2014 after losing over 800,000 bitcoin, is re-entering the industry...
DAO Maker Gears Up to Release Maradona D10S NFT, This April 2022
PRESS RELEASE. GREENSBORO, April 11, 2022 — DAO Maker, a leading launchpad for cryptocurrency projects, is launching an NFT...
Meta Starts Building a Digital Economy for Creators in Horizon Worlds
Fees could soar as high as 70% in the Meta-owned virtual reality game. Source
FTX Co-CEO Donates $4M to Republican PAC Ahead of Midterm Elections
FTX Co-CEO Donates $4M to Republican PAC Ahead of Midterm Elections Source
Kava turns bullish as Ethereum Co-Chain launch initiates push toward EVM compatibility
Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain...
Coinbase Is Creating a Film Trilogy Featuring Bore Ape Yacht Club NFT Characters
The digital currency trading platform Coinbase is producing a three-part film series with the popular non-fungible token (NFT) project...
Uniswap Labs Forms Crypto Ventures Wing
Uniswap Labs Forms Crypto Ventures Wing Source
NBA’s Crypto Chief Registers Second .Eth Domain as League Files for 4 NFT Trademarks
The basketball league’s launch into crypto could come sooner than later. Source
Marathon’s Thiel Says Company Not for Sale as M&A Chatter Picks Up Among Crypto Miners
CoinDesk spoke to the CEOs of Marathon Digital and Bitfarms at last week’s Bitcoin 2022 Conference. Source
Market Wrap: Bitcoin Sell-Off Deepens as Correlation With Stocks Rises
Bitcoin (BTC) and other cryptos extended losses on Monday, tracking the down move in stocks. The correlation between bitcoin and the...
Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K
On April 11, Bitcoin (BTC) dropped to $40,500, reaching a crucial level that erased the gains from the previous three weeks when the price...
Bitcoin Falls Below $40K for First Time Since Mid-March
With few reliable fundamental investing factors for the largest cryptocurrency, crypto traders often focus on (large) round numbers as...
¿Quieres saber cómo será el futuro de los bancos? Observa las telecomunicaciones
La tecnología DeFi permite a los bancos ofrecer un mayor rango de servicios de manera rápida y eficiente, pero al final las instituciones...
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200...
DeFiChains launches eagerly-awaited ‘Fort Canning Road’ hard fork
DeFiChain, a blockchain built on the Bitcoin network to make decentralized financial applications and services accessible to everyone, has...
Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?
Terra (LUNA) price slid on April 11 as a broader correction across crypto assets added to the uncertainties concerning its token burning...
Latin American Delivery Unicorn Rappi Launches Crypto Payments Pilot
The Colombia-based company has partnered with BitPay and Bitso to convert crypto into credits for purchases within its platform. Source
Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be...
Bored Apes Go Hollywood With Coinbase-Produced Movie Trilogy
The trio of BAYC films will tie into the launch of Coinbase’s long-awaited NFT marketplace. Source
Bitcoin Miner Crusoe Mostly Unaffected by North Dakota Oil Site Explosion
The incident wasn’t caused by Crusoe’s equipment, according to the company, and damages were minimal. Source
Elon Musk, Twitter and Running Things Like a DAO
Elon Musk, Twitter and Running Things Like a DAO Source
Solana (SOL) struggles at a crucial resistance – Here is why it could drop further
Solana (SOL) has struggled to report any gains after trading in losses over the last three sessions in a row. The coin now looks very...
Former Ethereum Developer Virgil Griffith to Be Sentenced in New York Court Tomorrow
Former Ethereum developer Virgil Griffith is set to face sentencing in a New York courthouse on April 12 after pleading guilty to one...
Dogecoin (DOGE) breaks 100-day SMA – Is a bull run on the way?
Dogecoin (DOGE) may have seen a major boost after Elon Musk floated the idea of bringing it into the Twitter payments ecosystem. The meme...
Bitcoin Approaches Support Zone at $37K-$40K
Bitcoin (BTC) is not yet oversold on the daily chart, although selling pressure could wane over the next few days. Buyers will need to...
Red Monday for Bitcoin as $114 million liquidated, but on-chain data remains stout
Mondays are difficult at the best of times. For Bitcoin investors, however, this is a particularly tough one. The cryptocurrency wicked...
Decentralized Social (DESO) shows bullish signs even as the rest of the market slows
The broader crypto market has started the new week the same way it ended last week. Most coins have continued to report losses. But in the...
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days
Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on...
Kava (KAVA) bulls to target $6.68 even though the coin has slowed from the recent rally
Kava (KAVA) appears to be showing several bullish signals. This comes even as the coin falls sharply from its recent rally. KAVA is...
Best cryptocurrencies to 5x your money this year
There is no other asset class in the world that can deliver the kind of returns that crypto offers. People have made 100x on capital...
Top low cap crypto projects that have so much potential
One of the best ways to make money from crypto would be to target low-cap coins. Now, this does not mean that all low cap projects will go...
Tranglo launches a new business payment solution in partnership with Ripple
Tranglo, a cross-border payment gateway founded in 2008 and Ripple’s newest investment partner, has launched an all-in-one business...
Crypto Funds See Largest Outflows Since January
Some $134 million flowed out of digital asset funds in the week through April 8 as investors took profits and fled bitcoin-focusing funds....
Fabric Ventures is closing in on $245M in two Web3 funds: Report
UK-based Fabric Ventures supports both early-stage and later-stage projects, with Polkadot, Decentraland and Bitstamp among earlier...
The best cryptocurrencies to buy before the end of 2022
2021 was seen as one of the best years for crypto assets. Many coins made it big last year, and there was hope that this trend would carry...
Crypto seen as the ‘future of money’ in inflation-mired countries
Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many...
Michael Levy: How to Turn Your NFT Into a Loan
Michael Levy: How to Turn Your NFT Into a Loan Source
Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win
The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s...
KuCoin, Huobi back $250M Toncoin ecosystem fund
Toncoin Fund seeks to bring DeFi, NFTs and Metaverse projects onto the TON blockchain. Telegram abandoned TON (The Open Network)...
White Star Capital Raises $120M Crypto Fund for Metaverse Investments
The venture capital firm will deploy as much as $7 million in token and equity investments into between 20 and 25 companies. Source
Ethereum's First Mainnet Shadow Fork Goes Live as Move to PoS Continues
The shadow fork will stress test developers' assumptions on existing testnets and the mainnet. Source
Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks
Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn...
Grassroots initiatives are bringing Bitcoin education to communities across America
Bitcoin is becoming one of the biggest buzzwords in the world. Data from a July 2021 survey conducted by analysis firm Exploding Topics...
Biggest Movers: RUNE and THETA Fall by Over 10% on Monday
THETA and RUNE are trading over 10% lower to start the week, as recent declines in the crypto market extended during Monday’s...
Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June
Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market towards $40,000. BTC/USD 1-hour candle...
Fabric Ventures Completing 2 Web 3 Funds Totaling $245M: Report
Fabric Ventures is close to completing two Web 3-focused funds worth more than $245 million in total, according to a report by The Block....
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency...
3 Crypto Tax Tips to Avoid IRS Trouble
Crypto investors filing their taxes must know how to track cost basis, maintain good records of all original purchases and transactions,...
Want to See the Future of Banks? Look at Telcos
DeFi may allow banks to offer a wide range of services fast and efficiently, but in the end, these organizations will focus on their...
Tesla, Blockstream, and Block partners for a solar-powered BTC mining plant in Texas
Tesla, Blockstream, and Jack Dorsey’s Block have partnered to build a solar-powered Bitcoin mining facility in West Texas. The...
First Mover Americas: Bitcoin Put Bias Returns; Wen Fed Easing?
The latest moves in crypto markets in context for April 11, 2022. Source
Avalanche-Based Blockbuster Game ‘Shrapnel’ Completes $7M Token Sale
Games studio Neon has raised $17.5 million so far to bring Shrapnel to Avalanche. Source
Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Start the Week Around 3-Week Lows
Bitcoin and ETH both fell to their lowest level in over three weeks on Monday, as a red wave passed through crypto markets. As of writing,...
Huobi, Kucoin, Others Lead $250M Toncoin Ecosystem Fund
A new $250 million ecosystem fund will support the reincarnation of the TON blockchain. Source
Ukraine receives donation of $5 million worth of ETH from creator Vitalik Buterin
The conflict between Ukraine and Russia is still in full swing after more than a month. From the start of the battle, cryptocurrency has...
Terra’s LUNA Leads Slide in Majors as Ether Nears $3K
Crypto markets slid on Monday amid a weak trading session in Asia and Europe in broader markets. Source
FDIC Asks Thousands of Banks to Disclose Crypto Plans
The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to...
KuCoin lists Findora, a public blockchain with programmable privacy
KuCoin listed Findora (FRA) today, the token of a public blockchain with programmable privacy and full EVM compatibility. The supported...
Bitcoin Slips Under $42K as Mounting Macro Risks, Dollar Strength Overshadow LFG Purchases
Macro uncertainties keep traditional investors from following LFG's lead in accumulating bitcoin at current valuations. Source