Quick Look
Biggest Movers: Near Surges by Over 25% on News of an Upcoming Stablecoin
NEAR rallied by over 25% on Friday, as speculation grew that Near Protocol was set to create a rival stablecoin to Terra’s UST....
CLabs to Work With eCurrency to Integrate CBDCs With DeFi
Through the partnership, central banks launching CBDCs will now be able to use the Celo blockchain to enable end users to access DeFi...
Canaan Unveils New Bitcoin Mining Machine as It Sees Speedier ASIC Market Growth
The new model’s mining power and efficiency positions it in a similar area as rival Bitmain’s S19 and S19 Pro machines, but less than...
Axie Infinity Builder Takes ‘Full Responsibility’ for $625M Ronin Hack, Exec Says
“These are the players who trusted us, and we failed to live up to that trust,” Sky Mavis co-founder Alexsander Larsen said on CoinDesk TV...
Tesla, Blockstream, and Block to Mine Bitcoin Using Solar Power in Texas
The partners want to show that bitcoin mining can support the buildout of renewable energy infrastructure. Source
Kraken shuts down global headquarters because ‘San Francisco is not safe’
The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based...
A double-edged sword? Once-famous brands are getting into crypto
There is no denying the fact that the crypto adoption wave sweeping the globe right now has resulted in a growing list of defunct brands...
Top U.S. Bank Watchdog Warns of Stablecoins' 'Lack of Interoperability'
Acting Comptroller of the Currency Michael Hsu said he's concerned about the variability and lack of interoperability across stablecoins...
4 clever crypto scams to beware — Dubai OTC trader Amin Rad
Aminhossein “Amin” Rad runs an over-the-counter trading desk in Dubai, United Arab Emirates. Searching for a business after dropping out...
Review: Gala Games blockchain platform combines gaming and commerce
Crypto games that combine play-to-earn (P2E) and nonfungible token (NFT) mechanics found a huge boost in 2021, thanks to the success of...
Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers
Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev...
DeFi Giant Yearn Leads the Way on ERC-4626 Token Standard Adoption
The new standard for yield-bearing tokens could unlock innovation in the burgeoning Ethereum economy. Source
Applied Blockchain Files for $60M Nasdaq IPO
The enterprise blockchain firm filed to sell about 3.2 million shares at a mean price of $18.54. Source
My Best Cryptocurrency to Buy Right Now
Cryptocurrencies have lost the shine they had in 2021. Most of them have dropped by more than 40% from their all-time highs and the volume...
Bitcoin, Ethereum Technical Analysis: ETH Marginally Higher as BTC Consolidates on Friday
ETH was marginally higher during Friday’s session, as it moved away from its recent support level around $3,145. BTC on the other...
VeChain (VET) is still on course towards $0.1 despite the recent 24-hour slump
VeChain (VET) investors have had quite an eventful start to 2022. After the coin tumbled and lost so much value, VET rebounded. The token...
Peter Thiel slams Warren Buffett as Bitcoin’s ‘enemy number one’
Peter Thiel, the billionaire co-founder of PayPal and software technology firm Palantir, has blasted Berkshire Hathaway CEO Warren Buffett...
April Shopping list: 3 altcoins to consider right now
As we start a brand-new month, the crypto market has looked quite good in recent weeks. Investor sentiment is now very positive, and we...
UK Regulator's Temporary Crypto Registration List Drops to 5 Firms
CEX.I0, Copper Technologies, GlobalBlock, Revolut and Moneybrain remain on the temporary registration list. Source
Why Solana could outperform Binance Coin short term
Key Points: Solana NFTs are likely to drive growth as institutional money digs in. Binance Coin quarterly coin burns are expected to keep...
Ethereum Gas Usage Rose in March as Ether Ran to $3.5K
ERC20 token generation in March was 125% above February's levels, even as developers continue to build new projects on other blockchains....
Near Protocol price surges over 22% today: what is fuelling the uptrend?
Near price has been rising since February 27 and the bullish trend seems to be gaining momentum by the day. At the time of writing, NEAR...
First Mover Americas: Bitcoin Eyes Weekly Loss Ahead of US CPI
The latest moves in crypto markets in context for April 8, 2022. Source
PancakeSwap (CAKE) can flip this resistance to support – Here is why this is a huge deal
PancakeSwap (CAKE) has shown remarkable strength heading into April. The coin added nearly 60% of its value in the last two weeks or so....
Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while...
Bitstamp to Offer White-Label Version of Its Crypto Trading Services in US
The long-running crypto exchange has already been providing what it calls “Bitstamp-as-a-Service” to European financial institutions for...
Mexican billionaire Salinas Pliego says Bitcoin accounts for 60% of his liquid portfolio
Bitcoin makes up 60% of Ricardo Salinas Pliego's liquid portfolio Mexico's third-richest person calls bonds 'a terrible investment'. ...
Near Protocol eyes a Terra-like price rally after new $350M funding raise
Near Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger...
250 Bitcoin From 2009 Moved After 12.4 Years — Rare BTC Mined Over a 2-Day Span
On April 7th and 8th, 2022, approximately five bitcoin block rewards mined in 2009 were spent in a concession of transfers. The last time...
A Censorship-Resistant Inflation Index Is Being Built on Chainlink
Truflation currently measures a 13.2% inflation rate, as opposed to the 7.9% measured by the Consumer Price Index in March. Source
Highlights April 8: Cryptos flat, HP jumps on Buffett investment
The crypto market as a whole recovered from yesterday’s dip, but the majority of top 10 cryptos were flat at the time of...
Why is NEAR up by 25% in the last 24 hours?
The cryptocurrency market is recovering from the slump it suffered earlier this week. The cryptocurrency market has had a rough start to...
Global adoption of cryptos will continue, says Fred Thiel
The adoption of cryptocurrencies has increased over the past few years, and experts believe it is only getting started. In a recent...
NEAR Token Has Doubled in 4 Weeks, Here's Why
Venture capitalists’ vote of confidence and stablecoin rumors push the NEAR token higher. Source
Popular BTM Operator: Bitcoin of America Welcomes Shiba Inu Coin to Its Bitcoin ATMs
PRESS RELEASE. Bitcoin of America has officially announced the newest addition to their Bitcoin ATMs (BTMs). Shiba Inu coin is now...
Water great idea! Bitcoin mining heats this swimming pool
A Bitcoiner has “pooled” off another mining innovation. The ‘waste’ heat generated by mining Bitcoin (BTC) is used...
Cosmos-Based Gravity DEX Rebrands and Moves Chains
The re-launch as “Crescent” comes after Gravity DEX struggled to establish itself as a larger player within the broader Cosmos ecosystem....
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their...
Kraken shuts down global headquarters as ‘San Francisco is not safe’
The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based...
You can buy Kava, up 10% on successful ETH Alpha testnet: here’s where
Kava’s Ethereum co-chain Alpha testnet was very successful. It produced just under 400,000 blocks and processed more than 162,500...
Anchor Protocol shed almost a tenth of its value: is it time to buy the ANC dip?
After an extended rally ANC, the 93rd biggest coin by market cap, is starting to reverse gains. It had lost almost 10% at the time of...
Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors. Source
EU Bans Providing High-Value Crypto Services to Russia
The move follows warnings that crypto is being used to circumvent sanctions imposed in response to the invasion of Ukraine. Source
Avalanche price prediction: AVAX is in an unconvincing recovery
The Avalanche (AVAX) price has crawled back in the past few trading sessions after Terra bought $200 million worth of the token. The coin...
NEAR token skyrockets as NEAR Wallet Selector goes live: here’s where to buy NEAR
Web3 users who want to use their wallet of choice to interact with the NEAR blockchain now have a wide variety of options. Wallet...
Frax Stablecoin Backing to Feature Layer 1 Tokens, Real-World Loans
Using real-world assets will allow Frax’s products to operate as intended even in a bear market. Source
Best zk-rollups cryptocurrencies for 2022
Zero-knowledge (ZK) scaling is a fast-growing concept in the blockchain industry. Its goal is to increase the overall throughput of...
Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface...
France's Presidential Candidates Ignore Crypto Issues
On Sunday, citizens in one of the world’s top 10 economies go to the polls to choose their leader – and CoinDesk examines what France’s...
Stacks purchases on Okcoin up 43% y/y
Okcoin, one of the world's largest and fastest-growing cryptocurrency platforms, reported that purchases of Stacks grew by 43% y/y, Coin...
Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based...
67% of Cardano holders underwater and most bought less than 1 year ago
As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with...
Armaldia: Play, Buy Your Own NFTs, Make a Profit
PRESS RELEASE. Facebook transformation to Meta a conceptual displacement towards Metaverse and Web 3.0, crypto and NFTs (non-fungible...
Bolt Acquires Wyre for $1.5 Billion, Firm Aims to ‘Decentralize Commerce’
On Thursday, the payments and checkout and shopper network, Bolt has announced the firm plans to acquire the digital currency provider...
Greenidge's Seneca Lake Crypto Project Wins NY Supreme Court Ruling to Continue Operations
Judge Daniel J. Doyle ruled Greenidge's project "would not impact the air or water of Seneca Lake," in dismissing a stop petition filed by...
Metaverse Will Be Most Popular Place to Buy, Trade, Store Cryptocurrency, Survey Shows
The metaverse will become the most popular place to buy, sell, and trade cryptocurrency, according to a recent survey. In addition, 70% of...
JPMorgan CEO Jamie Dimon to Shareholders: Decentralized Finance, Blockchain Are Real
JPMorgan Chase CEO Jamie Dimon sees decentralized finance (defi) and blockchain as real, new technologies that can be deployed in both...
Polygon (MATIC) eyes new all-time highs – Can it actually do it?
Many coins are experiencing a mixed start to April. Polygon (MATIC) in particular, appears to be losing momentum after a strong push at...
Cronos (CRO) could see a 15% correction in the coming days
Cronos (CRO) has continued to struggle to maintain its recent uptick in price. There were hopes that finally, the coin would manage to...
Litecoin (LTC) shows a bit of weakness – How will the price action play out?
The crypto rally that we saw over the last two weeks has finally taken a breather. Most coins appear to have retreated a bit, while others...
First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks
Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary...
National Bank of Georgia to Regulate Country’s Crypto Sector
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a...
Bears have a $100M reason to keep Bitcoin price under $45K until Friday’s options expiry
Some analysts argue that Bitcoin (BTC) rallied too fast and too soon and the weakness that we see on April 7 is a result of that....
FDIC Asks All Banks to Report Crypto Activities
A top U.S. banking regulator has asked banks to report on their “crypto-related activities,” citing potential “safety and soundness risks...
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal...
What is making Avalanche’s AVAX price rise as majority of cryptocurrencies dip?
Avalanche’s AVAX price is rising at a time when its peers are on a week’s long dip. Avalanche made a sudden surge and hit a...
Jack Mallers’ Strike Announces Shopify Integration for Bitcoin Lightning Payments
The bitcoiner instrumental to El Salvador’s announcement at last year’s conference waxed philosophical on Bitcoin’s role as a payment...
Direxion Re-Files With SEC for Short Bitcoin Futures ETF
The exchange-traded fund (ETF) issuer had previously withdrawn its application late last year. Source
MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses
On April 7, the digital currency exchange Crypto.com announced that fighters from the mixed martial arts (MMA) promotion company, Ultimate...
Market Wrap: Cryptos Recover, With Altcoins in the Lead
Bitcoin (BTC) and other cryptos stabilized on Thursday along with stocks. Altcoins led the way higher, although trader sentiment remains...
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for...
HBAR Foundation launches a $250M metaverse fund to enhance consumer brand adoption
The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the...
Stronger dollar prospects risk pushing down Bitcoin price to $32K
The U.S. dollar’s ability to continue its rally in Q2 could prove fatal for Bitcoin (BTC), which has demonstrated an inverse...
Cash App users can now invest paychecks into Bitcoin
At the Bitcoin 2022 conference in Miami on Thursday, Cash App announced a new feature for U.S. customers that will allow them to...
Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services
At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s...
Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K
Bitcoin (BTC) is stabilizing above the $43K support level, although upside appears limited over the short-term. Momentum signals are still...
Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC
The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for...
Yellen says no ‘significant’ Russian use of crypto to evade sanctions
US Treasury Secretary Janet Yellen said this while appearing before the US House Financial Services Committee on Wednesday. With sanctions...
Michael Saylor: Biden’s Executive Order Akin to POTUS Giving 'Greenlight to Bitcoin’
The longtime bitcoin supporter was as optimistic as ever about bitcoin in a conversation with Ark’s Cathie Woods at Bitcoin 2022 in Miami....
WeChat adds support for Digital Yuan payments
The leading social media messaging app in China has reportedly enabled digital Yuan (s-CNY) payments on its platform. The service will be...
Robinhood Releases Crypto Wallet to 2M Users, Plans Integration With Bitcoin Lightning Network
In a pair of announcements from the Bitcoin 2022 conference in Miami, the trading app looked to flex its crypto chops. But check the fine...
Biggest Movers: ETC Biggest Gainer in Top 30 on Thursday, ZEC Also Rises
Ethereum classic was easily the biggest gainer in the top 30 on Thursday, as the global crypto market was trading 0.9% lower as of...
Coinbase Trading Launch in India Hits Payments Gateway Snag
India's UPI denied knowledge of any crypto exchange using its platform after Coinbase leadership announced using that prominent payment...
FTSE 100 Company, Entain, Deploys Syntropy to Improve Global Network Performance
PRESS RELEASE. PALO ALTO – April 7th, 2022 — Syntropy, a transformative Web3 connectivity company, announces its new customer...
Bitcoin sentiment falls into ‘fear’ as BTC price action hits $42.9K breakdown target
Bitcoin (BTC) kept disappointing hodlers on April 7 as the Bitcoin 2022 conference got underway to a limp BTC price performance. BTC/USD...
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the...
Crypto Twitter unites to raise funds for community member’s cancer treatment
When a respected member of Crypto Twitter and the Deadfellas nonfungible token (NFT) community detailed the immense financial burden of...
First Mover Americas: Spot ETF Speculation Grips Bitcoin Market
The latest moves in crypto markets in context for April 7, 2022. Source
The race for semiconductors: Are crypto miners taking the lion’s share?
Over the last couple of years, the world has been grappling with the lack of semiconductors, which are the substances that conduct...
Sweden Casts Around for Potential E-Krona Suppliers
The country's central bank says it wants to understand the technical options before it takes the plunge to issue any new CBDC. Source