Quick Look
Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed
According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was...
UK Parliamentary Group Seeks Views of Crypto Industry Players
A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had...
India Freezes Crypto Exchange Wazirx’s Bank Assets — Binance Claims Acquisition of Wazirx Was ‘Never Completed’
A major Indian cryptocurrency exchange, Wazirx, has had its bank assets of more than $8 million frozen by the Directorate of Enforcement...
Nigerian Currency Recovers Versus US Dollar — Central Bank Says Importers Must Repatriate Forex Earnings
After touching a new all-time low of N710 per dollar in late July, a new report says the Nigerian currency has rebounded by as much as...
Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of...
Wait for a retracement as Near Protocol breaks above key resistance
Near Protocol has jumped above the $4.6 resistance level The token is among the top gainers among the top 100 cryptocurrencies RSI reading...
Fantom token remains on course to above $4 as price overcomes resistance
Fantom blockchain is a Layer-1 project with smart contract functionalities The native token FTM broke past key resistance at $0.34 FTM...
230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation
Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a...
Tezos prediction as price makes slow but sure gains
Tezos’s blockchain-enabled voting system Electis is gaining traction The native token XTZ has surged by 8% in the last one week...
Ethereum Classic’s rally faulted – Does it still provide an opportunity?
Ethereum Classic has rallied by 140% in a month. The token is retreating with declines of 14% in a week Messari analyst doesn’t...
2 metrics signal the $1.1T crypto market cap resistance will hold
Cryptocurrencies have failed to break the $1.1 trillion market capitalization resistance, which has been holding strong for the past 54...
Bankrupt Crypto Firm Voyager Digital Approved to Release $270 Million in Cash Deposits
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected...
Binance never completed the WazirX acquisition, CZ says
Binance CEO Changpeng Zhao has said that the global cryptocurrency exchange “never completed” the purchase of Indian crypto...
Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year...
Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record...
Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s...
Bakkt: Nearly 50% of gig workers open to getting paid in crypto
Bakkt’s study carried out in June and July found that 38% of gig workers are open to being paid in crypto, and the number jumps to...
Leader in Cryptocurrencies, NFTs and Metaverse
Interview with Denys Tyshchenko and Isaac Pintosevich. In the spring of 2022, a large-scale cryptocurrency event took place — the...
Meta Reportedly Issuing $10 Billion in Bonds to Invest in Its Metaverse Products and Other Initiatives
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to...
Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session....
Tetris Owner Playstudios to Launch Blockchain Gaming Division and Web3 Fund
Playstudios, a mobile gaming company, has recently announced it is diving into the world of Web3 gaming. The company is launching a...
Nomad announces $190 million bounty for lost funds from recent hack
Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and tweet, the...
Microsoft Gives Grant To Blockchain-Based Web3 Game StarHeroes As Historic Partnership Gets Underway
PRESS RELEASE. In what many would agree is a groundbreaking achievement, StarHeroes recently obtained a Microsoft grant. As a result, the...
Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices
The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency...
Jack Dorsey’s firm, Block Inc., posts $1.47B Q2 profits, Bitcoin revenue drops
Former Twitter CEO Jack Dorsey’s digital payments firm, Block Inc., registered a $1.9 billion profit in the second quarter of 2022...
Mummy.io partners with Polygon Studios to scale their metaverse
Immerse play-and-earn MMORPG games platform, Mummy.io has announced a partnership with Polygon Studios to scale its metaverse and allow...
Uniswap Foundation proposal gets mixed reaction over $74M price tag
The Uniswap Labs community has already begun mulling over a new proposal that would form a Uniswap Foundation based in the United States...
Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Bitcoin (BTC) rebounded overnight into Aug. 5 as a fresh trendline reclaim opened the door to further gains. BTC/USD 1-hour candle chart...
Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets
In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook,...
Here is why FLOW is up by nearly 40% in the last 24 hours
The cryptocurrency market could end the week in a positive fashion after adding more than 1% to its total value in the last 24 hours. The...
Ethereum could be the silver lining in the crypto ecosystem, says BTCS CEO
Ethereum has been one of the best performers in the market in recent weeks and is currently trading above $1,600 per coin. BTCS Inc. Chief...
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to...
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures...
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and...
IRS Expands Crypto Question on Tax Form
The Internal Revenue Service (IRS) has modified the crypto question asked on Form 1040, the tax form used by all U.S. taxpayers to file an...
Bitcoin price retests key $22.8K as metric points to ‘BTC buying spree’
Bitcoin (BTC) returned to base on Aug. 4 as higher levels gave way to a battle for the 200-week moving average (MA). BTC/USD 1-hour candle...
BNB rallies 39% despite smart contract deposits dropping 28% — Should investors be worried?
Cryptocurrencies’ total market capitalization bounced from $860 billion on June 30 to the current $1.03 trillion, a 20.6% relief in five...
Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram’s nonfungible token...
Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan...
What next as Yearn.Finance token shoots 44% in a week?
Yearn. Finance arbitrages lending platforms for the best rates Yearn.Finance token has risen by 44% in a week. The cryptocurrency has met...
FLOW token price is up by over 35% today: here’s why
Today the price of FLOW has been rising and rising. It surged by about 45% in the morning to set a new two-month high of $2.7681 before...
Watch $0.05 support as Hedera Hashgraph fails to clear resistance
Hedera Hashgraph is a PoS distributed ledger using hashgraph consensus algorithm Native HBAR trades in a tight range below the $0.08...
Has Polygon token lost its bullish momentum, or could we see more gains?
Polygon hit the headlines recently with strong fundamentals The native token MATIC has seen a lot of investor interest as the token hit $1...
Avalanche remains above the breakout zone, but where are the buyers?
Avalanche broke past a key resistance but has since stalled AVAX lacks a directional bias amid the 50-day MA joining a support The token...
Meta’s NFT expansion begins with Instagram NFT integration
Mark Zuckerberg’s company, Meta, has begun its non-fungible token expansion across 100 countries in the Americas, Asia-Pacific,...
Coinbase Partners With World’s Largest Asset Manager Blackrock to Give Aladdin Clients Access to Cryptocurrencies
On August 4, the head of Coinbase Institutional, Brett Tejpaul, and the vice president of institutional product, Greg Tusar, announced...
How to create and launch a cryptocurrency token with TokenMint?
Developing a cryptocurrency token has been a complex task, as it requires advanced blockchain programming skills. Until recently, only...
Lido’s market dominance and Ethereum decentralization post-Merge
After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is...
Worthless JPEGs: Redditor turns NFT criticism into NFTs
A Redditor made it his mission to turn the tides on nonfungible token (NFT) critics by minting a collection using the top anti-NFT...
Pictet exec: Today’s crypto has ‘no place’ in private banking
Pictet Group’s Asia division CEO Tee Fong Seng said at a summit that while the crypto asset class continues to mature, now might not...
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks....
Biggest Movers: BNB Hits 2-Month High, ETC Extends Recent Declines
After extending recent gains, bnb rose to its highest point in two months during today’s trading session. The move comes following...
Binance and Mastercard introduce prepaid Binance Card in Argentina
Mastercard and Binance, the world’s biggest crypto exchange by trading volume, have launched Binance Card in Argentina to close the...
ACCOINTING.com review: track crypto portfolios and generate crypto tax reports
ACCOUNTING.com is a one-stop platform that allows cryptocurrency users to track their crypto portfolios and file their crypto taxes. It...
Solana’s Investigation Indicates Wallet Exploit Tied to Slope Mobile App
Following the Solana wallet attack, the Solana Status team updated the public and detailed that the wallet addresses affected by the...
Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has...
Ethereum’s L2 solution ‘Optimism’ rallies 300% in a month — will OP price gains sustain?
The price of Optimism (OP) has been skyrocketing since the beginning of July due to its proximity to Ethereum. Notably, OP’s price...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge...
Band Protocol price outlook as DeFi industry rebounds
Band Protocol price has tilted upwards as the decentralized finance (DeFi) industry rebounds. Its token, BAND, rose to a high of $1.7180,...
DeHub Makes History By Announcing New $1 Million NFT Raffle
PRESS RELEASE. As inflation soars & opportunities begin to diminish, an increasing number of individuals all over the world are...
KuCoin announces first KCC-based liquidity staking protocol
Crypto trading platform KuCoin’s venture capital arm, KuCoin Ventures, announced a strategic investment in sKCS.io, the flagship...
National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay
The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree...
Enjin Coin and Immutable X prices at risk as NFT industry implodes
Enjin Coin and Immutable X prices are at major risk as the non-fungible tokens (NFT) industry implodes. The ENJ price has crashed by more...
Web3 wallet provider Slope linked to Solana attack
After the Solana attack that started on August 2, details have emerged linking a third-party Web3 wallet provider Slope to the attack....
Here is why NEAR is up more than 8% in the last 24 hours
The cryptocurrency market has been performing modestly over the past 24 hours, with most coins trading within the green zone. The...
Robinhood won’t entertain merger and acquisition talks with FTX
FTX’s CEO recently acquired a 7.6% stake in Robinhood, sparking talks of a possible acquisition. The CEO of Robinhood has come out...
Study: Nigeria Most Crypto-Obsessed English Speaking Country Globally
A new study has ranked Nigeria as the country most curious about cryptocurrency post the April crypto market crash. The same study...
Qonetum launches first truly decentralized fundraising model
Qonetum Finance Foundation has launched Post Dex Offering (PDO), the first truly decentralized fundraising model in the world for existing...
I will take Bitcoin at $35k by the end of the year, says Sam Bankman-Fried
Bitcoin has been trading above the $20k level in recent weeks, and Sam Bankman-Fried says he will accept the leading cryptocurrency...
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the...
ENS Domain Registrations Skyrocketed Last Month, Total Names Created Nears 2 Million
The number of Ethereum Name Service (ENS) domains is nearing the two million mark as 1,888,209 ENS names have been etched into the...
Mastercard Views Crypto More as Asset Class Than Form of Payment
Mastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial...
Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO
Microstrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy...
3 key Ether derivatives metrics suggest $1,600 ETH support lacks strength
Ether (ETH) price is up 60% since May 3, outperforming leading cryptocurrency Bitcoin (BTC) by 32% over that span. However, evidence...
MyEtherWallet launches cross-chain Web Extension for Polkadot
MEW is the leading wallet platform for digital assets on Ethereum, and Enkrypt brings its functionality to the Polkadot ecosystem....
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in...
Two old-school cryptocurrencies that could surprise investors in 2022
The cryptocurrency market is never short of surprises. In 2021, Shiba Inu came out of nowhere and became one of the best-performing...
VeChain price prediction as bullish momentum remains on course
VeChain blockchain endears to solve complex supply chain problems VeChain token is recovering alongside other cryptocurrencies The token...
Optimism adds 98% in a week – Is the rally driven by fundamentals?
Optimism token has surged by almost 100% in one week Positive developments in July have been boosting the token Investors should buy on a...
ApeCoin shoots 15% above the breakout zone as retail interest grows
ApeCoin gained 15% on Wednesday amid growing investor interest The token was accepted as a payment method by Gucci APE remains supported...
Dollars on the Lightning Network: A boon for emerging markets?
Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open...
Bitcoin miners now hold 1.856M BTC in 2-year high — new data
Bitcoin (BTC) miners now own more BTC than at any time since 2020 as the impact of the past months’ turbulence wears off. According...
Bitcoin bulls aim for $25K price on Friday’s $510M options expiry
Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a...
Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip
Bitcoin (BTC) rose to daily resistance at the Aug. 3 Wall Street open as United States equities gained on relief over Taiwan. BTC/USD...
MicroStrategy stock MSTR hits 3-month high after CEO’s exit
MicroStrategy (MSTR) stock opened higher on Aug. 3 as investors digested the news of its CEO Michael Saylor’s exit after a...
Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data
The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related...
Binance has ‘a lot of dry powder’ for crypto acquisitions: CEO
Binance has appointed co-founder Yi He as Head of Binance Labs to spearhead company’s investments, including an aggressive approach...
The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink
Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds...
Bitcoin holds above $23K despite crypto hacks – analyst explains why
Bitcoin (BTC/USD) continues to hold above the $23,000 price level despite recent hacks that have seen malicious actors drain millions of...
Biggest Movers: APE Hits 2-Month High, as UNI Nears Highest Point Since April
Apecoin rose to its highest point in over two months on hump day, as prices rebounded following a two-day losing streak. Uniswap was...