Quick Look
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent...
The Ukraine invasion shows why we need crypto regulation
Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC),...
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform...
Bitcoin’s Velvet Revolution: The overthrow of crony capitalism
If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent lack of class conflict...
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts
A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of...
3 Stablecoins Command Positions in the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining
The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s...
Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was...
Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot
Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual...
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the...
Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half, and the work put in by developers...
Anchor Protocol (ANC) is rallying despite a broader market tumble
Anchor Protocol (ANC) has been surging today even as the broader crypto market sees a major sell-off. The coin is expected to continue...
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank...
Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures
PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the...
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ethereum’s native token Ether (ETH) tumbled to its worst levels in almost two months against the U.S. dollar on May 6 as the rout in...
Eager to work: Bitcoin switch to proof-of-stake remains unlikely
Bitcoin (BTC), the original cryptocurrency that started it all and even today continues to drive the market sentiments, has faced numerous...
Bitcoin price heads under $36K as three-day losses near 12%
Bitcoin (BTC) fell further on the May 6 Wall Street open amid a warning that the U.S. equities sell-off was “not over.”...
Controlling 17% of BTC hash rate: Report on publicly listed mining firms
The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital...
Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June
While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against...
Biggest Movers: WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday
WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two...
$1.7 Billion in NFT Sales Fueled by Otherdeed Trades — NFT Volume Jumps 74% Higher Than Last Week
With the help of the Bored Ape Yacht Club’s Otherside land sale, non-fungible token (NFT) sales have increased a great deal this...
Is Algorand a Good Investment? 5 Reasons We Think It Is
Algorand is a leading blockchain project that seeks to become the most environmentally-friendly platforms in the world. It is a smart...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was...
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate
Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over...
Georgia to Unveil New Cryptocurrency Law by This Fall
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading,...
NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already
Collectors of nonfungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year as of Sunday, a...
SafeFloki is skyrocketing, up 576% in 24 hours: Top places to buy SafeFloki
The live SafeFloki price today is $1.76e-10 with a 24-hour trading volume of $68,853. Its price surged dramatically early this...
‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over
Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over United States stock markets. In a...
BTC could drop below $35k as bearish sentiment continues
The cryptocurrency market has performed poorly over the past 24 hours, with more than $100 billion wiped out during that period. The...
SEC and CFTC cooperation is crucial to regulate the crypto space, says FTX CEO
The regulators in the United States are all working towards regulating the cryptocurrency market. The CEO of FTX crypto exchange Sam...
Project Galaxy coin rises on multiple listings: here’s where to buy Project Galaxy
FTX, KuCoin, and a few other leading exchanges recently listed Project Galaxy. What’s more, Binance announced a promotion, starting...
New Zealand VC Launches $5 Million Web3 and Crypto-Focused Fund
New Zealand-based venture capital firm Global From Day 1 (GD1) recently said it had launched a $5 million Web3 and crypto-focused venture...
Iconic rapper Ice Cube joins the Dogecoin bandwagon
Ice Cube (O’Shea Jackson Sr), an iconic rapper, has joined the Dogecoin bandwagon endorsing an “incredible and...
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s...
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital...
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined...
California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework...
Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche
The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as...
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from...
Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020
Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to...
Gucci to Accept Crypto Payments in Retail Stores
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin,...
Finder’s Fintech Specialists Predict XRP Jumping to $2.55 by December 2022
On May 4, the product comparison platform finder․com published a ripple price prediction report that polls 36 fintech specialists....
Here’s why blue-chip NFT prices continue to soar nearly a week after the Otherside mint
In May 2021, OpenSea closed out nearly $140 million in total volume. Fast forward a year and the most dominant nonfungible token (NFT)...
Bitcoin price hits 10-week lows as $40K spike becomes ‘nasty bull trap’
Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a bang. BTC/USD...
Descending channel pattern and weak futures data continue to constrain Ethereum price
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over...
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than...
Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave....
StreamCoin Announces 200M STRM Corporate ICO Investment by TNC IT Group
PRESS RELEASE. StreamCoin revealed that it has secured a corporate ICO investment from blockchain consulting firm TNC IT Group....
Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA...
Bitcoin falls toward $38K as stocks abandon Fed ‘reactionary rally’
Bitcoin (BTC) lost almost $1,000 in the first hour of Wall Street trading on May 5 as a brief rally ended in disappointment. BTC/USD...
Argo Blockchain facility in West Texas expects to start mining Bitcoin in May
Crypto mining company Argo Blockchain’s plans to open a data center in West Texas are likely nearing completion following an inauguration...
Gucci will accept cryptocurrency payments before the end of may
Italian fashion label Gucci has announced that it will accept cryptocurrencies by the end of the month. 111 stores, more than 12...
Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale
On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured...
DOT rallies 12% in a day as Polkadot gears up to solve a major blockchain hacking problem
Polkadot (DOT) price ticked higher in the past 24 hours on anticipations that its new cross-chain communications protocol would solve a...
Argentina’s largest private bank launches ability to buy Bitcoin and Ethereum
Buenos Aires bank Banco Galicia, founded in 1905, allows its clients to trade Bitcoin (BTC), Ethereum (ETH), XRP and USD Coin (USDC). To...
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
Avalanche (AVAX) has rebounded strongly five days after testing a key inflection area as its support. Now, the AVAX/USD pair faces the...
Zilliqa Token (ZIL) price surges amid social media sentiment spread
Zilliqa (ZIL) is one of the best performers in the crypto market today. It has rallied by over 20% today. At the time of writing, ZIL was...
Mixing reality with the Metaverse: Fashion icon Phillip Plein goes crypto
In an attempt to bring the fashion industry into new innovations and trends, many brands are entering the cryptoverse to test out the...
Yuga Labs reimburses transaction cost for failed BAYC land sale
Yuga Labs, Bored Ape Yacht Club (BAYC) NFT collection creator, announced on Twitter that it has reimbursed the gas fees or transaction...
Bitcoin, Ethereum Technical Analysis: BTC Heads Towards $40,000 Following FOMC
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The...
Avalanche (AVAX) price surges after AVAX dedicated investment trust launch
Avalanche’s (AVAX) price has rallied over 10% today following the news of the launch of Valkyrie, a prominent digital asset manager,...
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy...
Bitcoin.com raises $33.6m for its new ecosystem token VERSE
Bitcoin.com has raised more than $33 million in a private funding round for its new ecosystem token VERSE. Bitcoin.com announced earlier...
Opera browser enables direct access to BNB Chain-based DApp ecosystem
Crypto-friendly browser Opera integrated BNB Chain, a decentralized blockchain ecosystem formerly known as Binance Smart Chain, to enable...
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset ‘pain trade’
Bitcoin (BTC) consolidated below $40,000 on May 5 after United States economic policy excitement saw a spike to one-week highs. BTC/USD...
Bitcoin celebrates halfway to the halving with new hash rate record
Bitcoin (BTC) marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving. In Block number...
Kazakhstan Amends Registration Rules for Cryptocurrency Miners
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated...
Here is why Axie Infinity is up by 15% in the last 24 hours
Axie Infinity is the best performer amongst the top 50 cryptocurrencies by market cap. The cryptocurrency market has performed well...
NAFSTARS Announces a Successful Fund Raise of $1․7 Million
PRESS RELEASE. NAFSTARS, a Polygon-based play-to-earn [P2E] platform that allows users to collect artist branded cards from all around the...
AVAX rallies by 9% following the launch of Valkyrie’s Avalanche Trust
The cryptocurrency market has performed well over the past 24 hours and the total market cap could break past the $1.8 trillion mark soon....
You can buy Cardano, which is at the fore of the market rally: here’s where
The ninth-biggest coin by market capitalization added almost 14% to its value during early Asian trading hours before a slight drop. ...
Thorchain rises 8% on bug bounty news: here’s where to buy Thorchain
The Fed interest hike reflected on the whole crypto market very positively. One of the winners has been Thorchain. Its native token RUNE...
Bitcoin’s solution is not elegant, says Algorand CEO
The CEO of Algorand Foundation said he is a huge fan of Bitcoin but the cryptocurrency is lacking in certain aspects. The CEO of...
Dubai Virtual Assets Regulator Establishes HQ in the Metaverse
The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The...
Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform
Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency...
Bitlocus and Striga launch crypto-enabled debit card
Bitlocus, an emerging fintech company that gives fiat users a gateway to interact with DeFi, and Striga, a banking as a service...
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer...
Highlights May 5: Crypto markets rally, Zilliqa is up 37%
The crypto market is entirely in the green today with most top 100 coins rallying at the time of writing. Cryptos soared following...
Infinite Arcade Launches the Last Sale of the Gamer NFTs
Web3 platform Infinite Arcade launches batch 3 Gamer NFTs sale. The Gamer (avatar) NFTs act as access keys to unlock play & earn on...
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities...
Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out
Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a...
Billionaire Paul Tudor Jones: ‘It’s Hard Not to Want to Be Long Crypto’
Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation....
How STACKD Finance Services Make DeFi Safer for Everyone
Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional...
From within: Dubai’s virtual asset regulator plans to open HQ in metaverse
The Dubai Virtual Asset Regulatory Authority, or VARA, has purchased land in the virtual reality world The Sandbox (SAND) as part of its...
World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank
On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to...
3 key metrics signal Terra (LUNA) price is preparing for a recovery
Terra (LUNA) price lost 31% over the past four weeks, erasing all of the gains accrued year-to-date and even though the token continues to...
Blindex Interview: Two new algorithmic stablecoins hit the market
Blindex, the multi-currency stablecoin DeFi platform, have announced the launch of two new algorithmic stablecoins – $bGBP (Great...
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades....
How blockchain games create entire economies on top of their gameplay: Report
Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income...
Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate...