Quick Look
Universal Music Group Files 4 Trademarks for Its Bored Ape Band Leader
UMG’s NFT band experiment continues with plans for tokens and a physical merch marketplace. Source
Bitcoin, Ethereum Technical Analysis: Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level
Bitcoin was back in the green during Tuesday’s session, as the world’s largest cryptocurrency rose above $47,000. ETH was...
FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources...
Bit Digital Partners With BitMine to Host 7K ASIC Miners
BitMine will store the machines in immersion coolers for greater efficiency. Source
First Mover Americas: Bitcoin's Pause Fails to Deter Optimism
The latest moves in crypto markets in context for April 5, 2022. Source
Terra Wallet Leap Raises $3.2M in Private Token Sale
If estimates in Leap's litepaper of an 8% private sale allocation hold true, the startup has a valuation of $40 million. Source
Bitcoin retail FOMO spiked most since 2017, but BTC price may still be ‘doomed’ — analyst
Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet...
Ledger Nano S Plus Review: Good for Beginners
The brand-new Ledger Nano S Plus is an inexpensive, Swiss Army knife-like hardware wallet that does a pretty good job of keeping crypto...
Cardano Foundation and The University of Zurich expand academic blockchain research
Non-profit organization Cardano Foundation has announced a three-year collaboration with the Blockchain Center of the University of Zurich...
EU Consultation Looks at Digital Euro Issues
The Brussels executive Tuesday kicked the ball rolling on the legislation needed to issue a CBDC. Source
What Elon Musk’s investment could mean for Twitter’s crypto plans
Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or...
Abra Targets High-Net-Worth Clients With New Asset Management Division
The newly formed Abra Capital Management will require a minimum investment of $250,000. Source
Georgia Central Bank Plans to Introduce New Crypto Rules: Report
The eastern European nation will follow international guidance as it sets out anti-money laundering and licensing regime. Source
Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was...
MicroStrategy Buys $190.5M Worth of Bitcoin
MicroStrategy, the bitcoin-accumulating business-intelligence software company, has bought 4,167 since mid-February. Source
DeFi ‘Super App’ Parallel Finance Doubles Valuation, Plans Up to $60M Series B
The Polkadot-based lending protocol raised $5 million at a $500 million valuation, up from $250 million in November. Source
Mapping Startup Hivemapper Raises $18M to Give Maps the Web 3 Treatment
Inspired by the success of Helium, Hivemapper will incentivize participation in the network with the distribution of its native HONEY...
US Authorities Seize $34M in One of the Country's Largest Confiscations of Crypto
The crypto was gained by selling illcit goods, including stolen credentials, the authorities said. Source
FTX Takes Stake in Stock Exchange IEX to Strengthen Crypto Markets
The size of FTX’s investment was not revealed, but an FTX spokesperson said it will become a “significant” shareholder in IEX. Source
DeFi Protocol EverRise Introduces New Utility for On-Chain NFTs
EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports...
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock...
Bitcoin's 'Reserve Risk' Suggests Opportunity for Long-Term Accumulation
The indicator trades at low levels when there is heavy investor accumulation and HODLing is the preferred market strategy, a blockchain...
Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’
Bitcoin (BTC) is the collateral asset of choice for the world’s biggest decentralized stablecoin, and one of its top executives says...
German Authorities Shut Down Russian Darknet Market, Seize $25M in Bitcoin
The marketplace's bitcoin privacy mixer complicated the investigation, police said. Source
Highlights April 5: Major Bitcoin miner open to acquisition
The crypto market as a whole was mixed today. Fred Thiel, the CEO of Marathon Digital Holdings – the largest Bitcoin mining company,...
Here’s the reason why Dogecoin price has been surging in the last three weeks
The price of Dogecoin has risen by more than 36% over the last three weeks. As of March 13, DOGE was trading at $0.1116 compared to...
Colombian Money Laundering Watchdog Postpones Crypto Transaction Reporting Resolution
The UIAF, which is the Colombian money laundering watchdog, has postponed the date on which exchanges and individuals must start reporting...
Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode
Canadian Bitcoin exchange-traded fund (ETF) holdings have increased to all-time highs according to recent research, and spot-based...
Top places to buy COTI, which added 6% to its value
The live COTI price today is $0.32 with a 24-hour trading volume of $169 million. COTI is up 5.52% in the last 24 hours. If you want to...
Bitcoin retail FOMO spikes most since 2017 but BTC price may still be ‘doomed’ — analyst
Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet...
Celo is rallying, up 18% today: here’s where to buy Celo
Celo continues to rally on the second day of Celo Connect, an event taking place in Barcelona. The event is aimed at aligning and...
New Singapore Crypto Law Requires Overseas-Only Operators to Be Licensed: Report
The city-state'sTuesday passage of the law means such companies will have to meet anti-money laundering and anti-terrorism measures to...
China’s Central Bank Adds More Digital Yuan Pilot Cities
China’s central bank, the People’s Bank of China, has added more cities to test its digital currency. According to the...
UK to recognize stablecoins as form of payment, Royal Mint releases NFT
The UK government announced plans to begin regulating stablecoins, paving their way for use as a recognised form of payment in the...
Leading BTM Operator Bitcoin of America Working With Mayor Suarez to Promote Women in Crypto at BTC 2022 Miami
PRESS RELEASE. The leading virtual currency exchange, Bitcoin of America, is announcing its return to BTC 2022 in Miami. Bitcoin of...
Coinbase Focuses on Crypto and Web3 in India — Plans to Hire 1,000 for Indian Hub
Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent,...
Can India’s Controversial New Tax Law Be Challenged in Court? Yes, Say Crypto Lawyers
Can India’s Controversial New Tax Law Be Challenged in Court? Yes, Say Crypto Lawyers Source
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for...
Profit taking and Bitcoin consolidation give bears an opportunity to take control
The total crypto market capitalization reached its highest close in three months on April 3 at $2.23 trillion, but the performance between...
Gryphon Digital Mining Ends Plans to Go Public Through Merger With Sphere 3D
The companies agreed to terminate their agreement, which was first announced last June. Source
First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat
A report by the crypto exchange Gemini found that about three in five Indonesians own cryptocurrencies; bitcoin and ether drop slightly....
UK government wants to make stablecoins a legal payment method
The UK is taking this and other steps as it looks to position itself as a global hub for crypto-asset technology innovation, Economic...
Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active
Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there...
Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay
The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million. Source
Opulous (OPUL) price soars after DeFi staking announcement, S-NFT sale and CEX listings
Non-profile picture (PFP) NFTs had been cooling down over the past few months but now that Bitcoin and Ethereum have turned bullish again,...
Signs of Bitcoin accumulation suggest BTC’s dip to $45K will be short-lived
The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the...
Bear Markets, Regulations and That Bain Crypto Photo: A Chat With Pantera Capital’s Chief of Staff
Emma Rose Bienvenu uses her legal background to help startups navigate crypto regulations. Source
Gensler Says SEC Exploring Shared Role With CFTC Over Crypto Platforms
The SEC chief suggests securities, commodities “intertwined” in current trading venues. Source
Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin
Bitcoin (BTC) and other cryptos traded lower on Monday as bullish sentiment faded. Volatility and trading volume continue to drift...
Bitcoin Cold Case: The Tale of the Dormant Wallet With Close to 80,000 BTC From Mt Gox
For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7...
UK embraces crypto, looks to regulate stablecoins
Another country has entered the cryptocurrency party, and it’s a big one. The United Kingdom’s Economic and Finance Ministry...
Sandbox could outperform Axie Infinity after Ronin attack
After the recent hack on Axie's sidechain, money could flow more into SAND Sandbox is one of the fastest-growing play-to-earn gaming...
Why Ethereum is a better buy than LUNA in the short term
While LUNA has strong fundamentals, ETH has bigger news short-term Terra is one of the fastest-growing platform blockchains in the...
UK government moves forward with regulatory framework on stablecoins for payments
The United Kingdom’s Economic and Finance Ministry has said it intends to amend its existing regulatory framework to incorporate...
Crypto Funds Draw Inflows for Second Straight Week
Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday. Source
This caveat should get investors worried as NEAR recovers sharply from 2022 low
After seeing a major sell-off at the beginning of the year, The Near Protocol (NEAR) appears to have fully recovered. In fact, the coin...
Intel launches new Bitcoin mining chip Blockscale
On Monday, semiconductor manufacturing titan Intel unveiled its new Bitcoin (BTC) mining chip, Blockscale. The application-specific...
Introducing Market Wrap, and a New Look for CoinDesk’s Newsletters
We’re debuting our third daily newsletter – and a new design for the rest. Source
Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC) has been stuck between $45,400 and $47,500 for the past two days, indicating a tough tussle between the buyers and sellers...
Digital Euro Will Have Privacy Safeguards, European Finance Ministers Say
Ministers are discussing policy options for the central bank digital currency though no formal decision to issue one has been taken ....
Celo Rises 15% on Barcelona Reveal of $20M 'Connect the World' Campaign
The team announced on Monday at Celo Connect in Barcelona that it's launching a $20M campaign to incentivize the development of Celo on-...
Bitcoin Weighed Down by $48K Resistance; Support at $43K
Bitcoin (BTC) is in pullback mode after a choppy weekend. The cryptocurrency could find support around $43K, which should stabilize the...
The Bigger Problem With Axie Infinity
The $620 million Ronin exploit is the tip of the proverbial iceberg. Source
Crypto’s Night at the Grammys
From Binance and OneOf to a side of PFP NFTs, a crypto presence was felt during the music industry’s marquee event. Source
Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets
On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet...
Crypto Exchange BitMEX Lays Off 75 Workers
The global job cuts come after plans by a company founded by BitMex executives to buy a German bank fell through in March. Source
UK Aims to Become Global Crypto Hub, says Exchequer
Among initial steps will be legislation to recognize stablecoins as legitimate vehicles for payments. Source
Staking Solution Chorus One Launches Up to $30M Proof-of-Stake Investment Fund
The company will invest the money in proof-of-stake networks, protocols and related products over the next three years. Source
Electric Capital Leads $4.5M Investment in NEAR Exchange Trisolaris
Jump Crypto and Dragonfly Capital also invested in the decentralized exchange on the NEAR protocol. Source
Vitalik Buterin is worried about Ethereum — Here’s how the community responded
Vitalik Buterin, the founder of Ethereum (ETH), recently expressed his concerns about Ethereum’s future. However, attendees of the recent...
Bitcoin dices with $46K as Elon Musk Twitter buy sends Dogecoin near 2-month highs
Bitcoin (BTC) traded in an uncertain territory on April 4 as the Wall Street open failed to unleash bullish continuation. BTC/USD 1-hour...
Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price ‘manipulation’ accusations
Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations...
Biggest Movers: CAKE Hits $10, as DOGE Rises for a Second Consecutive Session
DOGE was once again higher on Monday, as traders bought the token, days after a video about the meme-coin was shared by Elon Musk. This...
UK Government Plans to Create an NFT
The non-fungible token is planned to represent the government's commitment to crypto technology and investment. Source
NFT Sales Increased by 34% This Week, Azuki Takes Top Sales, NFT Interest Remains Low
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,500, While BTC Continues to Consolidate
Following recent multi-month highs, BTC continued to consolidate on Monday, as markets marginally fell to start the week. In addition to...
Digihost Becomes First Publicly Traded Miner to Offer Bitcoin Dividend Payments
The miner also expects a 1.5 exahash pre second (EH/s) of average hashrate for 2022, which is about 5.5x more than its 2021 mining power....
Road to Consensus: Latashá
The rapper, a speaker at CoinDesk's festival in June, on music NFTs, on building the Zora community and why gas fees are still worth it....
Why Bitcoin Mining Is a Matter of National Security
Why Bitcoin Mining Is a Matter of National Security Source
Road to Consensus: Garry Kasparov
The chess grandmaster, a speaker at CoinDesk's Consensus festival in June, expects a basket of coins to replace the dollar within a...
First Mover Americas: New Bitcoin Use Case is Buying Fuel Down Under
The latest moves in crypto markets in context for April 4, 2022. Source
Vitalik Buterin is worried about Ethereum, here’s how the community responds
Vitalik Buterin, the founder of Ethereum (ETH), recently expressed his concerns about Ethereum’s future. However, attendees of the recent...
Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’
Liquidity from four major protocols would be used to make Curve’s 4pool attractive for users. Source
Why is a Guatemalan Mayor mining Bitcoin? Tackling FUD with biogas and BTC
The Bitcoin (BTC) community is at it again, dismantling FUD and orange-pilling officials in far-flung destinations. At the foot of Lake...
Intel Doubles Down on ESG With Launch of Second-Gen Bitcoin Mining Chips
The “Intel Blockscale ASIC” chip boasts efficiency up to 26 J/TH, which would make it better than most Bitmain and MicroBT models...
‘Green oasis’ for Bitcoin mining: Norway has almost 1% of global BTC hash rate
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing” according to a report by Arcane Research. “A green oasis of renewable...
Former Binance CFO Wei Zhou Buys Coins.ph Exchange: Report
Zhou bought Coins.ph, a mobile wallet and digital currency exchange, from Indonesia's Gojek, according to a report. Source
Mike Tyson launches NFT collection on Binance
Boxing legend Mike Tyson is launching a Mystery Box NFT collection on Binance NFT, the leading global exchange’s NFT marketplace,...
Tesla CEO Elon Musk Takes Stake in Twitter — Analyst Says It Could Lead to a Buyout
Tesla CEO Elon Musk has taken a stake in Twitter Inc. after stating that he is “giving serious thought” to building a new...
Waves' USDN Stablecoin Loses Peg, Drops 15% Amid Manipulation Scare
USDN's market capitalization had nearly doubled to $850 million in March. Source