Quick Look
DeFi can breathe new life into traditional assets
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized...
ProShares Aims to Let Investors Bet Against Bitcoin With New ETF
The company filed an application with the SEC for the Short Bitcoin Strategy ETF. Source
Axie Infinity creator secures $150 million in a funding round led by Binance
The funds will be used to refund Axie Infinity users who lost their assets after a hacker exploited Sky Mavis’ Ronin validator nodes...
A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months....
Pantera Capital Eyes ‘Mature’ Crypto Companies With New $200M Fund
The Pantera Select Fund will focus on “revenue-generating companies,” the crypto VC firm said in an investor letter. Source
CoinTracker Survey Shows Only 25% of Crypto Holders Are Prepared for Tax Season
Almost three-quarters of respondents said they were looking for more help on how to manage their crypto taxes. Source
NFT LA: Attract the mainstream, focus on Web3 and use cases
Nonfungible tokens (NFTs) have generated mainstream interest over the last year. A yearly market report from NonFungible found that the...
10 Safest Cryptocurrencies to Invest in
Cryptocurrencies are becoming popular among both retail and institutional investors. There are now thousands of coins that are valued at...
Are CBDCs kryptonite for crypto?
Central bank digital currencies — digital currencies backed by a central bank — have received renewed interest with the United States...
BitPay Merchants to Get a Boost From Lightning Network Payment Integration
The crypto payments provider on Wednesday announced immediate support for Bitcoin Lightning Network payments. Source
Nexo launches Nexo Prime, a digital asset prime brokerage platform
Nexo, the leading regulated institution for digital assets, has launched a propriety prime brokerage platform called Nexo Prime. The new...
ConsenSys Settles Lawsuit With Former Venture Capital Chief Kavita Gupta
The ugly spat involved a pair of dueling lawsuits. Source
First Mover Americas: Bitcoin Dip Buyers Versus Adverse Macro; Fed Minutes Eyed
The latest moves in crypto markets in context for April 6, 2022. Source
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was...
Block Notifies 8.2M Customers After Breach of Cash App Investing
A former employee improperly accessed reports related to U.S. customer accounts. The reports did not contain personally identifiable...
Deltec, Chainalysis, Robinhood and More Join Crypto Market Integrity Group
Thirteen major players in the crypto industry have joined forces with the Crypto Market Integrity Coalition (CMIC), an industry-led...
Binance.US Raises First Funding Round at $4.5B Valuation
The $200 million fundraise will be used to ramp up marketing ahead of a public listing in “the next two to three years,” a spokesperson...
Interpol Apprehends CEO of Generation Zoe, an Alleged Cryptocurrency Scam in Argentina
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto...
Kevin Smith to Issue ‘Comedy-Horror’ Film as NFTs on Secret Network
Quentin Tarantino released his “Pulp Fiction” NFTs on the same Cosmos-based blockchain back in November. Source
Blockchain.com Teams With Altis Partners on Asset Management Platform
Blockchain.com Teams With Altis Partners on Asset Management Platform Source
Circle Enlists FIS, Crypto.com for Merchant Payments Settled in USDC
The deal with FIS Worldpay is meant to free firms from the “fiat-only ecosystem.” Source
Crypto Trading Firm Wintermute Launches Zero-Fee OTC Platform
Wintermute Node will compete with other institutional trading platforms in a bid to expand the firm’s client base. Source
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data...
Near Protocol Raises $350M
Hedge fund giant Tiger Global led the funding round. It’s Near’s second nine-figure raise this year. Source
3 reasons why Ethereum price can hit $4K in April
Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google...
Bitcoin transaction fees hit decade lows, here’s why
It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according...
Luna Foundation Guard Adds Nearly $230M of Bitcoin to Stack
The foundation now has bigger exposure to bitcoin than the U.S. electric-car maker Tesla. Source
Sweden Wants to Test E-Krona Viability for Smart Payments
Trials by Riksbank have shown that offline payments can work using the CBDC, but the central bank is also looking at privacy concerns....
Goldman Sachs Group Inc. plans to provide OTC Ether options trading
Goldman Sachs Group Inc. has announced plans to offer over-the-counter (OTC) Ethereum (ETH) options trading. According to the bank's...
Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms
The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services...
Coin Metrics Raises $35M for Crypto Data Provision
The crypto intelligence company raised $35 million in a funding round led by Acrew Capital and BNY Mellon. Source
Georgia joins forces with IMF in regulating crypto
Georgia has been in a tough position since the start of the war in the east. Ukraine and Russia are the country's largest trading...
Can the IRS Track Bitcoin? Koinly Explains
The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again....
Sky Mavis Raises $150M Round Led by Binance to Reimburse Ronin Attack Victims
The round along with Sky Mavis and Axie Infinity funds will be used to refund users. Source
Highlights April 6: Major cryptos slide, US stocks dive
Major cryptos were in the red over the past 24 hours. Goldman Sachs will add over-the-counter options for Ether, which comes...
Metaverse Majors Struggle as User Base Falls Short of Market Expectations
Decentraland, Axie Infinity and The Sandbox have big valuations, but a low number of active users, compared with traditional games Source
Top places to buy Dogecoin, which gained 7% in 24 hours
After Twitter’s announcement of Elon Musk as the newest member of its board of directors, Dogecoin started to rally. Musk agreed to...
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a...
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High Source
You can now buy MULTI, which guarantees universal interoperability: here’s where
The solutions developed by Multichain, which uses MULTI as its native crypto, allow almost all blockchains to interoperate. The token is...
Bitcoin Slumps to $45K Amid Hawkish Fed, Buying Activity Remains Positive
Institutional adoption of bitcoin could boost confidence among those who have previously considered cryptocurrencies a poor investment,...
HSBC Starts Metaverse Fund for Private Banking Clients in Asia
The Metaverse Discretionary Strategy aims to capture growth opportunities globally from the development of the metaverse ecosystem. Source
Troy is rallying today, up 14%: here’s where to buy Troy
One of the top-performing crypto coins today is Troy, the token of a global brokerage broker specialized in asset management in...
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the...
Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is...
EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity...
Elon Musk Promises to Make ‘Significant Improvements’ to Twitter — Calls Crypto Spam Bots ‘Single Most Annoying Problem’
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant...
Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30%
The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and...
Microstrategy Spends $200 Million More on Bitcoin, Raising Total Holdings to 129,218 BTC
The Nasdaq-listed company Microstrategy has bought an additional 4,167 bitcoins. Its latest purchase has raised the company’s...
MicroStrategy subsidiary adds another 4,197 BTC to balance sheet
On Tuesday, enterprise software development firm MicroStrategy announced via a filing with the U.S. Securities and Exchange Commission...
Point Labs Releases Full Roadmap to Web3
(Link to full roadmap here: roadmap.pointnetwork.io) With “web 3.0” suddenly upgrading from an obscure area of research to a...
First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown...
Riot Blockchain Bitcoin Mined Rises to 511 in March
The company also sold 200 bitcoin during the month, raising $9.4 million. Source
Tourism Minister of El Salvador Reiterates Effect Bitcoin Has Had on the Sector
Morena Valdez, the tourism minister of El Salvador, has spoken on the recovery the tourism sector of the country has reportedly...
Zilliqa’s (ZIL) recent bull run is far from over – Is $0.5 coming next?
Zilliqa (ZIL) is hands down the crypto of the year so far. The coin has recently surged to unimaginable heights. Despite analysts...
Quantstamp (QSP) could rally to $0.1 – Here is how this will happen
As trade volume for Quantstamp (QSP) fell sharply over the last two days, the price action has somewhat slowed. It seems like the coin is...
Aave (AAVE) to continue recent uptrend despite rejection at crucial resistance zone
Aave (AAVE) has ranked among the top 5 best performing major crypto assets in the last two weeks. The coin has been on a major uptrend and...
Whale holdings in Cardano (ADA) drop to all-time lows – Should you be worried?
Despite showing strong bullish momentum in the last few weeks, it seems large wallets are not buying Cardano (ADA) as they used to. In...
Ethereum Classic (ETC) falls after hitting 2022 highs – is this a pullback or trend reversal?
Ethereum Classic (ETC) has performed quite impressively over the last month. The coin has managed to rise from its yearly lows and hit an...
Market Wrap: Bitcoin and Stocks Briefly Dip After Fed Comments; DOGE Rallies
Bitcoin (BTC) traded roughly flat over the past 24 hours, compared with a 17% rally in dogecoin (DOGE), while WAVES dipped. The dispersion...
Dogecoin (DOGE) price consolidation points at a major rally – What you need to know
Dogecoin (DOGE) has done very well to pair up some of the losses it suffered this year. But even though we have seen this strong uptrend...
Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin
Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S....
A State Senator Is Pushing to Attract Bitcoin Miners to Oklahoma
John Michael Montgomery explains on CoinDesk TV’s “First Mover” why he thinks the Sooner State should offer tax incentives to crypto...
Dogelon Mars (ELON) remains highly vulnerable despite the recent rally
Over the last two weeks, Dogelon Mars (ELON) has reported a sharp recovery from March lows. The coin, like many others in the market, is...
Elon Musk’s Twitter investment puts a 150% rally into play for Dogecoin
Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022....
Lawmakers Keep Mentioning Privacy in CBDC Discussions
Hey folks. We’re still talking central bank digital currencies and digital dollars, so this week's State of Crypto has some quick and...
Filecoin (FIL) could target $32 despite the recent fallback as bulls search for momentum
The last 7 days or so have been quite brilliant for Filecoin (FIL) investors. The coin has surged but in the last few days, it looks like...
Crypto and culture intersecting: Could ApeCoin be the go-to token of the Metaverse?
What is it with these sly, funny, but boring looking apes that continue to make headlines? Many collectors argue that it’s less about the...
Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far
Last week’s $625 million exploit of the Axie Infinity sidechain underscores the risks of sacrificing decentralization for scale, Ethereum...
Sandbox (SAND) is gaining upward stream – Is $4.4 coming next?
Metaverse tokens have had a torrid period in recent weeks. Sandbox (SAND) is one of the leading coins in this category, bottoming at...
Trends Study Says Dogecoin Is the Most Googled Cryptocurrency in the US
According to a recent study analyzing Google Trends data, the cryptocurrency dogecoin’s search volume in the United States was...
US Sanctions Russia’s Hydra Darknet, Identifies Over 100 Virtual Currency Addresses
The move came alongside action by Germany, which earlier on Tuesday shut down Hydra Market and seized $25 million in bitcoin. Source
Bitcoin (BTC) dips after failing to clear 200-day SMA – What to expect next?
Bitcoin (BTC) has rallied, and it appears the major cap has pushed up the entire market in the process. But as trading Friday came to a...
A New SEC Definition for ‘Exchanges’ Has Big Implications for Crypto
Crypto should seize the opportunity to be heard as the U.S. Securities and Exchange Commission looks to expand its remit. Source
Ripple (XRP) struggles below 200-day EMA – Here is why it could fall sharply
Ripple (XRP) has been trading sideways for the last two days. The coin had managed to see decent upward momentum but it seems the altcoin...
Terra (LUNA) is heading to $150 and it’s not a surprise at all
Terra (LUNA) pulled back slightly at the end of this week after seeing quite some sustained gains. The coin however still has a lot of...
Harmony (ONE) targets $0.27 – Here is what to expect in the days ahead
Harmony (ONE) enjoyed a decent week. The coin managed to report double-digit gains but despite this, it failed to cross over a crucial...
Fed’s Brainard Says Balance Sheet Reduction to Happen Rapidly
Brainard's speech comes a day before the Federal Open Market Committee (FOMC) will release minutes of its March 15-16 meeting in which...
Battle of the Meme Coins: Why SHIB could beat DOGE in 2022
Shiba Inu’s entry into the Metaverse space is a game-changer Dogecoin adoption is growing, making it a high potential meme coin in...
Bitcoin Range-Bound; Support at $43K-$45K
Bitcoin (BTC) is stabilizing after a 3% price drop, although the cryptocurrency is stuck in an intraday trading range. Overbought signals...
Why CRO could outperform XRP in the short-term
CRO sponsorship of the world cup likely to drive its price in 2022 Key Points: With speculation rife that Ripple could win against the...
Web 3 and the Rise of Small Media
Taking on Web 2's ad-bot-infested business model with Sybil-resistant media. Source
Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami
The cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the...
How Crypto Is Changing Philanthropy
The ease of transferring crypto anywhere in the world has enabled man nonprofits to work with donors globally. Source
Jeff Kauffman: DAOs Will Own Big Brands
The founder of the $JUMP community token, a speaker at Consensus, on how Web 3 will change branding and empower communities to buy brands...
Minerset․com Announces New 200-Megawatt Crypto-Mining Facility
PRESS RELEASE. Known as a leader in cryptocurrency-mining hardware sales and logistics, Minerset has generated more than $300 million in...
Bitcoin retests key level that sparked 66% BTC price gains in 2021
Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source:...
Crypto prices enjoy a solid March relief rally. But, how and why?
After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of...
Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says
Mairead McGuinness promised a role for banks in distributing the CBDC, as a consultation presages legislation earlier next year. Source