Quick Look
Ethereum difficulty bomb delayed but network adoption still growing
Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for...
Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020. A...
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the...
Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
Crypto staking and lending platform Celsius may be dealing with its rumored liquidity crisis by unstaking $247 million worth of Wrapped...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than...
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that...
Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4
The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of...
Ethereum price enters ‘oversold’ zone for the first time since November 2018
Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November...
Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT
Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice...
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3...
EU Nears Agreement on Crypto Regulations, Report Reveals
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and...
Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets
Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a...
What are Bitcoin improvement proposals (BIPs), and how do they work?
Gathering significant consensus within the community is the first step of the process. Sometimes, even the most valuable proposals can...
Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in...
Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin...
Yuga Labs co-founder prewarns possible attack, claims Twitter insider involved
Gordon Goner, the pseudonymous co-founder of Yuga Labs, issued a warning about a possible incoming attack on their social media accounts...
Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off. BTC/USD 1-hour candle chart...
Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review
This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential...
UNFCCC weighs blockchain use cases to fight climate change with Cointelegraph
The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into...
Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin
Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble...
What can other algorithmic stablecoins learn from Terra’s crash?
The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics who...
Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%
Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been...
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the...
Central authorities have demonized privacy — Crypto projects must fight back
Zcash (ZEC), a privacy coin that launched in 2016, unveiled an upgrade to its system on May 31 that will allow users to more easily make...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to...
New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies
American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards “tradable across...
US SEC investigates Binance’s ICO, metaverse crypto assets up 400% YoY, and STEPN faces DDoS attacks: Hodler’s Digest, June 5-11
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Lithuanian Government Approves Stricter Crypto Regulations
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space....
The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell
The total crypto market capitalization has been trading in a descending channel for the past 29 days and currently displays support at the...
Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July
The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like...
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of...
NXTT’s New Roadmap Looks Set to Strike Through the Bear Market
Next Earth, the virtual replica of Earth and now the third-largest metaverse, has remained resilient amidst a brutal bear market that has...
Innovation in fiat on-ramps can overcome crypto’s expensive card fees
Being in crypto is all about taking an intelligent view towards money. We know that Bitcoin (BTC) is the future, both as a store of value...
Bitcoin and banking’s differing energy narratives are a matter of perspective
The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of...
What are investment DAOs and how do they work?
What is an investment DAO? A decentralized autonomous organization (DAO) that raises and invests capital into assets on behalf of its...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation...
Biggest Movers: WAVES, NEAR Hit Multi-Week Lows on Saturday
NEAR fell to a one-month low to start the weekend, as prices moved below their long-term support point. WAVES was also lower during...
Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets
Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle...
Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of...
Mars4 Metaverse is Selling Fast in Japan
The cryptocurrency market is stagnant. Investors are cautious and hesitant to make investments. Some initiatives, however, thrive even in...
Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor....
Coin Center takes US Treasury to court over alleged financial spying
Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the...
Felix Capital Raises $600 Million to Grow Web3 Exposure
Felix Capital, a London-based VC company, has raised $600 million in its fourth fundraising round, this being its biggest yet. The...
NFT pics are the funhouse mirror high-end art deserves
The funny thing about many of the absolutely insane things happening in the world today is that from a certain perspective, they actually...
Blockchain for sustainable development: The case of Ghana
In modern times of rapid globalization and digitization, technological developments have now reached such proportions that the usage of...
Bitcoin ecosystem makes a U-turn recovery in global ATM installations
Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for...
Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users
Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in...
Bitcoin’s Hashrate Hits an All-Time High Nearing 300 Exahash per Second
While Bitcoin’s mining difficulty was expected to decrease two days ago on June 8, instead the difficulty increased by 1.29% on...
Mastercard to Implement Payments for NFT and Web3 Projects
Payments giant Mastercard has announced it is working to bring direct payment support for a number of NFT and Web3 platforms with its...
AuroraFS DApps Development Capabilities to Be Enhanced
PRESS RELEASE. Recent news reveals that AuroraFS has progressed in its vision and direction concerning the development of the next...
Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate
Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering...
Jack Dorsey is building ‘Web5’ powered by Bitcoin
Block subsidiary TBD has announced plans to build a new decentralized web centered around Bitcoin (BTC), underscoring founder Jack...
Here’s how blockchains are helping to advance the global energy grid
The blockchain industry’s impact on the energy sector has been a major source of controversy over the past five years. Governments and...
Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments
The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German...
Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
The United States equities markets tumbled on June 10 after the Consumer Price Index (CPI) report showed inflation soaring 8.6% from a...
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty
Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to...
Bitcoin price falls under $29.5K after ‘unexpected’ 40-year high US inflation
Bitcoin (BTC) fell sharply on June 10 after surprisingly high inflation data from the United States rattled markets before the Wall Street...
Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful ‘Merge’ rehearsal
Ethereum’s native token Ether (ETH) resumed its decline against Bitcoin (BTC) two days after a successful rehearsal of its...
Popular BTM Operator: Bitcoin of America Continues Rapid Expansion in 2022
Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of...
Bear market: Some crypto firms cut jobs while others aim for sustainable growth
To put things into perspective, since November 2021, the total market capitalization of the digital asset industry has plummeted from it’s...
The trouble with automated market makers
Automated market makers are a true public good in crypto, enabling genuinely decentralized trading 24/7 and supporting the wider DeFi...
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed...
Free NFT domains: This company wants to make it happen
Blockchain.com to give 83 million users free NFT domains after partnering Web3 identity provider Unstoppable Domains. Free NFT domains are...
Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries
During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in...
Solana price just one breakdown away from a 40% slide in June — here’s why
Solana (SOL) is nearing a decisive breakdown moment as it inches towards the apex of its prevailing “descending triangle”...
Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to...
Bitcoin Lightning Network Capacity charges through 4,000 BTC
There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity...
Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to...
Highlights June 10: VeChain flat despite becoming official UFC blockchain partner
The crypto market was mostly in the red over the past 24 hours, as the majority of top 10 cryptos were seen lower or flat at time of...
$30K BTC price has ‘severe impact’ on Bitcoin miner profits — analysis
Bitcoin (BTC) is squeezing its miners this month as suppressed prices threaten to impact profitability. The latest data shows both...
dotmoovs’ MOOV.CLUB Launches NFT Sneakers for Tik-Tok Dance Battles
Tallinn, Estonia, 10th June, 2022, Chainwire Move2earn app dotmoovs has launched an NFT sneaker collection that rewards Tik-Tokers,...
Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority
A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority...
The bear market will probably last at least through 2022, says Algorand Foundation CEO
The cryptocurrency market has been experiencing a bearish trend since the end of 2021. Staci Warden, the CEO of Algorand Foundation,...
Should you buy VET after VeChain’s partnership with UFC?
The cryptocurrency market has been underperforming over the past few hours, but VET is currently in a bullish move. The cryptocurrency...
Global Bitcoin adoption to hit 10% by 2030: Blockware report
The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric...
Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to...
EverRise Releases EverRevoke, Platform for Revoking Token and NFT Approvals
PRESS RELEASE. EverRise, a leading web3 security and infrastructure platform, has released EverRevoke. The newest addition to the EverRise...
US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin...
Mad Money’s Jim Cramer Offers Advice on Cryptocurrency Investing
The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying...
Blockchain Firm Edge Launches Confidential Crypto Mastercard
The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC...
GensoKishi’s MV Token to Be Listed on Kraken
PRESS RELEASE. On June 9, 2022 at 14:30 UTC, the FIAT currency pairs of MV(ERC20)/USD and MV(ERC20)/EUR will be listed on Kraken, a...
This key Ethereum price metric shows ETH traders aren’t as bearish as they appear
Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to...
Ocean Protocol, Helium and Chainlink post monthly gains while Bitcoin price consolidates
Positive price movements during bear markets are noteworthy primarily because they can help identify projects that have a good chance of...
‘Education Is Power’— Jack Dorsey and Jay-Z Launch a Bitcoin Academy in Brooklyn
The founder of financial tech company Block Inc., Jack Dorsey announced he is collaborating with the rapper Jay-Z by launching a Bitcoin...
Rainmaker Games Announces the First Cross-Chain, GameFi-Exclusive NFT Marketplace
Austin, Texas, 9th June, 2022, Chainwire Rainmaker Games is glad to announce the launch of the world’s first-ever cross-chain,...
Amazon stock split: What it means for DeFiChain’s dAMZN token
Amazon, and many other top stocks in the traditional market, have equivalent decentralized tokens that give investors price exposure to...
Why buy Illuvium to diversify your metaverse portfolio
The metaverse and web3 are seen as the next frontiers of crypto innovation. In fact, in the last six months or so, some incredible...
STEPN and the M2E revolution: Should you buy
STEPN has captured the attention of the crypto market over the past few months. The app is a new move to earn platform that rewards users...
Apecoin falls below crucial support – Are more losses likely?
Apecoin has, for the last 3 weeks, seen a persistent correction. The token has however managed to find some demand albeit it has largely...