Quick Look
Shiba Inu (SHIB) continues to hold 8-month support despite growing selling pressure
With investor sentiment in crypto taking a more risk-off approach in the last 6 months, meme coins like Shiba Inu (SHIB) have suffered the...
Crypto Mining Farm Uncovered in Russia’s Oldest Prison
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden...
Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges
Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2%...
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to...
Prepare for Recession: Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review
This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the...
SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection
SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital...
Sony Announces Metaverse Push in Latest Annual Corporate Strategy Meeting
Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of...
Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT
The Singapore High Court has granted a court injunction which stops or blocks the sale of a Bored Ape Yacht Club (BAYC) non-fungible token...
Report: BRICS Countries Told to Consider Countering the Dollar’s Global Hegemony
Chinese experts have called on leaders of BRICS (Brazil, Russia, India, China and South Africa) countries to consider countering the...
Bill Gates: Crypto Has No Valuable Output — It’s Not Adding to Society Like Other Investments
Microsoft co-founder Bill Gates has explained why he does not own any bitcoin or other cryptocurrencies. “I like investing in...
Rich Dad Poor Dad’s Robert Kiyosaki Thinks Bitcoin Could Bottom Out at $9K — Reveals Why He Remains Bullish
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he is still bullish about bitcoin....
Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections....
ETH Co-Founder Vitalik Buterin Says The Merge Could Happen in August, There’s Also ‘Risk of Delay’
Following the statements from Ethereum developer Preston Van Loon at the Permissionless conference, Ethereum co-founder Vitalik Buterin...
Draft Law About NFTs Submitted to Russian Parliament
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say...
Dubai Creates Committee to Help Cement Its Position as ‘Key City in the Metaverse’
The rulers of Dubai have created a committee that is mandated with tracking the latest developments in the digital economy. The committee...
Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost...
Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement...
Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend
SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of...
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset....
Cardano (ADA) set for a 40% upswing
Cardano (ADA) is set for a nice bump over the days ahead as it establishes a consistent price range. The coin has somewhat recovered some...
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during...
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans...
Fantom (FTM) jumps 6%: Github data shows Andre Cronje coding for Fantom stablecoin
Fantom native token, FTM, has surged by more than 6% today after Andre Cronje, one of the most prolific DeFi developers, was spotted doing...
Bitcoin’s Jumps above $30,000 could be a short term
Bitcoin (BTC) has managed to jump back above $30,000 after falling sharply in the last few weeks. There is hope the mega-cap coin is...
Top coins to buy as we enter the second half of 2022
2022 appears to have simply flown by so fast for most crypto investors. The market has not delivered as expected, but we have not seen any...
UK regulators are looking into Terra’s debacle while weighing new crypto Rules
UK market regulators are looking into the Terra (LUNA) nosedive which started during the recent crypto market bloodbath. The market dip...
Sandbox (SAND) rallies after Coinbase said it intends to list it
Sandbox (SAND), the native token of The Sandbox Metaverse, rallied by over 13% yesterday after Coinbase, the largest crypto exchange in...
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the...
A16z Launches $600 Million Web3 Gaming Focused Fund
A16z has launched a new fund that seeks to invest $600 million in gaming experiences including Web3 and metaverse. The fund, which seeks...
Facebook Owner Meta Files Trademark Applications for ‘Meta Pay’ Covering Crypto Services
Meta Platforms Inc., formerly Facebook, has filed five trademark applications for “Meta Pay.” The filings cover a wide range...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision...
Report: Cryptocurrency Can Potentially Complement Mobile Money Argues Kenyan Banker
The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa...
Swappi’s New Launchpad Feature to Bring IDOs to Conflux
New York, NY, 20th May, 2022, Chainwire Swappi, an AMM-based decentralized exchange (DEX) deployed on Conflux, is releasing a new feature...
Polkadot (DOT) could plunge after correction from its recent rally
Polkadot (DOT) has finally managed to get closer to $10 after falling sharply over the last week or so. The coin has also seen decent...
Tron’s (TRX) bullish forecast could push the coin above $0.075 in the coming days
Tron (TRX) has rallied impressively this week. The coin is now trying to surge past a strong resistance zone. With good recovery momentum,...
These 3 undervalued tokens could become hot in the months ahead
The goal for any investor is to buy assets at a lower price and sell them when the price has shot up. In crypto, prices for assets can...
Crypto Custody Firm Fireblocks Launches Web3 Services Suite
Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This...
Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank
Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The...
Leading European and Ukrainian Charity Foundations Announced Their Participation in the World’s First Innovative ChariFi’s Project – the Zelenskiy NFT, Developed by the IamUkraine Studio
PRESS RELEASE. The innovative first time used concept will help to monetize charitable experience for people. Since the beginning of the...
KuCoin price has nosedived. Should you buy the KCS dip?
The KuCoin Token price declined sharply during the American session on Friday. The token slipped to a session low of $19.34, which was its...
Cumulative NFT Sales Among 18 Blockchain Networks Surpass $36 Billion
Statistics recorded this week show that the aggregate number of non-fungible token (NFT) sales, settled across more than a dozen different...
Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest...
Jasmy Coin price prediction: Will ‘Japan’s Bitcoin’ Recover?
The Jasmy Coin price has lost its momentum in the past few weeks as concerns in the cryptocurrency industry continue. The token is trading...
SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues
This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s...
Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations
A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s...
Dvision Network Announces New LAND Staking Feature to Help Bolster Virtual Plot Utility
PRESS RELEASE. The Dvision Network has recently announced the new ‘LAND Staking Feature’ in their Dvision Metaverse, with...
Here is why Kyber Network Crystal is up by 24% today
The cryptocurrency market will end the week on a positive note after adding more than 2% to its value in the last 24 hours. The broader...
Wombat Soars to $40M in TVL While Still at Beta
Hong Kong, Hong Kong, 20th May, 2022, Chainwire Shortly after the Beta Launch of Wombat Exchange, a hyper-efficient multi-chain stableswap...
Highlights May 20: Major cryptos in the green, KNC outperforms the rest
The crypto market as a whole is bullish with most top 100 coins in the green at the time of writing. Top cryptos Bitcoin...
There’s more crypto destruction to come, says Blockchain.com CEO
The cryptocurrency market has recorded huge losses in recent months and some experts believe there is more destruction on the horizon....
Dubai Couple Ties the Knot in the Metaverse
A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them...
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory...
MetaOasis AVAX Hackathon News Report
PRESS RELEASE. MetaOasis Wins the Double in Hackathon Competitions Three months ago, MetaOasis won the championship in Metaverse Alliance...
Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an...
Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off
Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency...
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse...
Freedom Protocol Has Become the Project With the Largest Amount of IDO in the Ecology of Binance Smart Chain
PRESS RELEASE. Binance is a curious company. the world’s largest cryptocurrency exchange, it also has no official headquarters and...
Try topping this: PizzaDAO celebrating Bitcoin Pizza Day with 100 parties worldwide
Pizza DAO, the decentralized blockchain project seeking to unite the global community of pizza fanatics with the technological potential...
Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market
Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the...
Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry
Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans...
NFT traders increasingly flocking to Solana
Solana NFTs saw $295 million in volume during April Integration with OpenSea has boosted entire ecosystem Near-zero gas fees and low...
Ripple commits $100M towards scaling climate-focused innovation
Ripple has announced it has committed $100 million in funding towards blockchain innovation meant to scale carbon removal. The funding,...
FTX US Launches Zero-Commission Equities Trading Platform
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based...
Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse
PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a...
Bitcoin price predictions abound as traders focus on the next BTC halving cycle
Terra’s recent collapse has been repeatedly singled out as the main source of weakness affecting crypto assets, but it’s much...
Lost SOL? Persistent challenges continue to impact Solana price
The past thirty days have been an extremely bearish time for cryptocurrencies. The sector’s aggregate market capitalization plunged...
Libera Foundation raises investment to start the supply chain revolution using Web 3.0
Dubai, UAE, 19th May, 2022, Chainwire Libera Foundation, a first of its kind data acquisition platform for Emerging Markets, has...
Biggest Movers: Tron Moves to 1-Week High, as Thorchain’s RUNE Nears Lowest Level Since January 2021
Tron rallied during today’s session, as it headed towards a one-week high, following recent declines. This came as...
Tether attestation report ‘re-affirms’ USDT is fully backed
Tether has released an attestation report showing that the USDT stablecoin reserves are “fully backed.” Prepared by...
Robinhood launches non-custodial Web 3.0 wallet with NFT compatibility
Robinhood, a popular trading platform, has announced the launch of its own non-custodial Web 3.0 wallet that will have non-fungible tokens...
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s...
Trade Minister Expects Russia to Legalize Cryptocurrency
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade...
What is Sorare and how to play it?
Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $2,000 as Crypto Bearish Pressure Intensifies
Following several sessions of consolidation, ETH has finally caved in, dropping below the $2,000 floor in the process. As we move towards...
Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis
Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a...
Highlights May 19: Major cryptos deep in the red
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Top cryptos The crypto market was...
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for...
DeFi Land launches a new P2E agricultural-related game feature
DeFi Land, a multichain agriculture-simulation game built on Solana to gamify Decentralized Finance (DeFi), has launched a new...
Crypto job market holding up despite tech industry cutbacks
The crypto job market shows few signs of slowing down despite high profile cases of staff layoffs and hiring freezes across big tech...
Music Fans Rejoice as YellowHeart Protocol Is Set to Launch on Bittrex Global Starting Block
YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, is set to launch its utility token, HRTS...
Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks
Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before put pay to further upside. BTC/USD...
Why is Tron outperforming the broader crypto market today?
The cryptocurrency market has been underperforming in the last 24 hours, but Tron has performed positively during that period. The broader...
CoinCorner launches a contactless BTC card powered by Lightning network and NFC
CoinCorner, a crypto exchange and a web wallet provider, has announced the launch of its Bolt Card. The bolt card is a Contactless...
Block is no longer just a payments company, says Jack Dorsey
Block, formerly known as Square, has expanded its focus beyond the payments ecosystem in recent months. Block CEO Jack Dorsey has told the...
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing...
The Dept. of Commerce has 17 questions to help develop a crypto framework
The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic...
Bitcoin Argentina NGO to Take Crypto Education to Schools
Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin...