Quick Look
Polygon Announces Zero-Knowledge Identity Platform for Web3
On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity...
Bitcoin Holds Support Above $44K; Resistance at $48K-$51K
Bitcoin (BTC) upside momentum signals remain intact after a bounce off $44K support. The cryptocurrency faces resistance at $48K and $51K,...
Why is Celer (CELR) price rallying?
Celer price has been on the rise since March 13 and it has gained more than 96.8% over the last fourteen days. At the time of writing,...
Monetized Memes: Dank Bank Raises $4.2069M
The NFT platform plans to use the funds to acquire “legendary memes.” Source
Ethereum Founder Vitalik Buterin Praises 'Bitcoin Maximalism' (Maybe)
The blockchain mastermind also took shots at Ethereum in a richly ambiguous April Fools’ post. Source
Biggest Movers: ZIL Jumps on Metapolis News, as AAVE Almost 15% Higher on Friday
ZIL was on the rise yet again to end the week, as prices are now trading almost 300% higher than on Monday. The increase in value comes as...
Does the Metaverse Need a Free Trade Agreement?
It’s seeking to be the centerpiece of Web 3, but a successful metaverse could run headfirst into some old-style protectionist barriers...
Mytopsporstbook: Metaverse Takeover – Companies Like Nike, Ralph Lauren and the NFL Leading the Way
PRESS RELEASE. March 2022 – MyTopSportsbooks.com publishes their METAVERSE article showing just how parallel this virtual universe...
Bitcoin fights for support as BTC price loses $46K yearly open
Bitcoin (BTC) showed signs of recovery from an overnight rout on April 1 after the Ides of March caught up with bulls at the last minute....
Twitch Co-Founder’s Gaming NFT Marketplace Raises $35M
Fractal is ramping up development with the help of big-name backers. Source
ApeCoin risks another massive selloff as APE drops 70% in two weeks — Here’s why
A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin’s 70% drop in valuation...
First Mover Americas: Bitcoin's Risk-Off Rally
The latest moves in crypto markets in context for April 1, 2022. Source
How to make a Metaverse: Secrets of the founders
Cointelegraph Magazine talks to some of the leading Metaverse founders to discover their secret sauce for Web3. Featuring co-founder of...
NFT Punks With the FU Money
Michael Casey visits NFT.LA and finds permissionless innovation in the capital of storytelling. Source
US Bond Markets Signal Economic Downturn, Trend Forecaster Says if War Ensues ‘Odds of Recession Increase’
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling...
Skewed data: How could a new US law boost blockchain analysis?
2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis...
Axie Infinity Delays Launch of ‘Origin’ Game Following Massive Hack
The new “Axie Infinity: Origin” was originally supposed to debut on March 30. Source
Citi: Metaverse could grow into a $13 trillion economy
Citi’s ‘Metaverse and Money’ outlook suggests the virtual world ecosystem could grow to encompass 5 billion users. Citi...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below...
EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector...
SEC Rejects Spot Bitcoin ETF Application From Ark 21Shares
The move continues a recent string of denials by the SEC of applications for spot bitcoin ETFs. Source
How ambitious young projects are connecting Distributed Ledger Technology and music
Blockchain is simple to understand at a basic level, existing as a distributed database, where different devices distributed across the...
Galaxy Digital delays BitGo acquisition to later on in 2022
Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the...
Bitcoin Drops to $45K Support as Analysts Point Out Seasonally Bullish April Month Ahead
A psychological phenomenon tied to the beginning of spring may cause bitcoin prices to jump in April, one analyst commented. Source
VanEck expert: Bitcoin could hit $1.3M if it became a global reserve asset
The firm says sanctions on Russia could see central banks look to ‘change their reserve mix.” Bitcoin’s value could rise...
LBank Exchange Will List Lilly Finance (LY) on April 2, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY)...
The state of Web3: Community talks about opportunities around the world
Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local...
Bitcoin Miner PrimeBlock Plans to go Public With $1.25B SPAC Merger
The deal is expected to close in the second half of this year. Source
U.S. Adds 431K Jobs in March, as Unemployment Rate Nears Pre-Pandemic Level
The report is widely watched by traditional and crypto traders because of its implications for inflation and the Federal Reserve’s fight...
Solana Based GMT Tokens Surge 54%, ZIL Sees $13M in Liquidations
Futures of several large-cap cryptocurrencies saw millions of dollars in liquidations as the crypto market dipped lower. Source
Indonesia to Charge 0.1% Tax on Crypto Transactions, Investments: Report
Indonesia is planning to charge value-added tax (VAT) on crypto transactions and capital gains on investments at 0.1% from May 1. Source
Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country
A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the...
Citi Sees Metaverse Economy as Large as $13T by 2030
The virtual world could be the next generation of the internet, the bank’s analysts said in a report. Source
Kazakhstan Looks to Bring Crypto Exchanges to AIFC Hub
Kazakhstan is to implement a pilot project for the creation and operation of cryptocurrency exchanges in the Astana International...
Bitcoin's Guppy Indicator Flashes Green for Bulls
While technical studies are aligned bullish, Friday's U.S. nonfarm payrolls report could play spoilsport. Source
Highlights: Cryptos show correction, Wall Street’s worst quarter in 2 years
The crypto market as a whole was lower over the past 24 hours. All top 10 cryptos either registered declines or were seen flat at the time...
Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds
MicroStrategy CEO and Bitcoin (BTC) permabull Michael Saylor believes that traditional financial markets aren’t quite ready for...
Crypto-skeptic gamers review bomb Storybook Brawl after FTX buys it
Indignant gamers have review bombed Storybook Brawl on Steam over fears of potential nonfungible token (NFT) and blockchain integrations...
China Jails Kidnappers That Demanded ‘Hundreds of Bitcoins’ as Ransom Payment
Chinese authorities have jailed four individuals that were accused of kidnapping one person and demanding “hundreds of...
Bitcoin ‘dormant’ for 7+ years moved right before BTC price dropped 5%
Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors....
vEmpire DDAO introduces staking in ApeCoin
vEmpire DDAO, the global NFT investment organization, GameFi platform, and metaverse, has introduced staking for the ApeCoin...
BAYC Says Discord Briefly Compromised, Tells Users to Avoid Discord for Minting APE NFTs
A ticket tool on Discord was briefly compromised and caught by the BAYC team in early Asian hours on Friday. It also affected other NFT...
Skale Network token flies into top 100: top places to buy SKL
Skale Network’s token SKL rallied yesterday, entering the top 100 crypto coins by market cap. It currently ranks 89th and has added...
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using...
OKX Starts to Offer Bitcoin, Ether Trading Pairs Against Terra's UST
Spot trading for Solana’s SOL and Avalanche’s AVAX tokens against UST stablecoins have also started. Source
Bakery Token is rallying, up 60%: here’s where to buy BAKE
Bakery Token has broken out of a very long downtrend and a wedge pattern. At press time, it was trading for $1.38 with a 24-hour trading...
Bitcoin Ends Q1 Closely Following S&P 500
Data from TradingView shows a correlation between Bitcoin and the S&P 500 to be as close as 0.9. Source
Ola Finance Says Attackers Stole $4.7M in Re-Entrancy Exploit
A post-mortem released Friday showed the funds were lost in a “reentrancy” attack. Source
BAYC Says Discord Briefly Compromised, Tells Users not to Use Discord to Mint Ape NFTs
A ticket tool on Discord was briefly compromised and caught by the BAYC team in early Asian hours on Friday. It also affected other NFT...
IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a...
Five Reasons Why Koinly Is the Best Crypto Tax Software
Koinly is a leading a cryptocurrency tax calculator and portfolio tracker for traders, investors and accountants. There are many features...
Terra founder reveals what will happen to UST if Bitcoin price crashes
Terraform Labs CEO Do Kwon has conceded that a crash in the price of Bitcoin would be “negative” for the stability of the UST stablecoin,...
Circle Chooses BNY Mellon to Custody USDC Reserves
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC)...
Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users
Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In...
Elizabeth Warren Calls for US to Create a CBDC
"I think it’s time for us to move in that direction." the Democratic senator from Massachusetts tells Chuck Todd in an interview to be...
Analysts debate Bitcoin’s next step after today’s $45.5K retest
The euphoric calls for a return of the bull market may have been a bit early especially after Bitcoin (BTC) bulls failed to push the price...
SEC Names Crypto an Exam Priority This Year
The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year....
First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge
The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a...
Looking to 10x your money in crypto? Top coins to consider
There have been stories in crypto where people have gone from rags to riches in literally months. Shiba Inu for example was one coin that...
Top 3 crypto coins to buy before the market gets bullish once again
There are now signs that the crypto market is on a path toward full recovery. After a terrible start in 2022, a lot of coins in the market...
Newly Introduced Bill Aims to Bring Transparency to the Stablecoin Marketplace
The days of murky stablecoin reserves might soon be over. Source
Top cryptocurrencies that are facing major corrections right now
The last week of March has probably been one of the best for crypto this year. Coins have been on the rise and it seems the momentum is...
IOST, SKALE Network and CELR gain 30% as traders call for an altseason
Volatility is back in full force in the cryptocurrency market and the price of Bitcoin (BTC) has undergone several $1,000 swings over the...
OpenSea Exec Who Quit After ‘Insider Trading’ Scandal Is Back With NFT Platform
Two pitch decks seen by CoinDesk show that OpenSea’s former head of product, Nate Chastain, is building a platform to simplify the NFT...
Hunting for microcaps? Top 3 coins with less than $50 million in market cap
One of the best strategies to grow your capital from crypto would be to find low-cap coins that have so much potential. Coins below the...
Layerzero Labs Secures $135 Million to Bolster Cross-Chain Interoperability
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+...
Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance
The company also said permission for its operations to continue at its New York facility has been delayed again. Source
Oraichain unveils OraiDEX with meta-staking and announces ORAIX Fairdrop Program
Leading Artificial Intelligence-powered oracle and blockchain ecosystem supplier Oraichain has launched a decentralized exchange called...
Timing the crypto dip: Top coins to keep on your radar
Dip buyers in crypto are waiting in suspense, trying to find any chance to buy-in. But it seems the market is really rallying with most...
These 3 Decentraland (MANA) alternatives could blow up in the coming months
Decentraland (MANA) is one of the biggest metaverse projects in crypto right now. But it is not alone in fact, many new projects have been...
What Netflix’s QuadrigaCX Documentary Gets Right – and Wrong – About One of Crypto’s Worst Scandals
Is “Trust No One: The Hunt for the Crypto King” worth watching? Two CoinDesk staffers watched the film and came away with different...
Welcome to NovaTerra: Coorest’s Upcoming P2E Metaverse
PRESS RELEASE. NovaTerra is a Metaverse MMORPG featuring a play-to-earn model. The game is set in a post-apocalyptic future, where...
Blockchain Security Firm CertiK Just Raised $88M, SEC Docs Show
The equity sale opened on March 23 and 15 investors have chipped in funding. Source
Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives
Goldman Sachs completed a novel crypto OTC trade last week, something Acting Comptroller of the Currency Michael Hsu warned may lead to...
Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
Bitcoin (BTC) and other cryptos declined on Thursday as bullish sentiment began to fade. In March, altcoins outperformed bitcoin, which...
I’m Not Anti-Crypto, Says Architect of Controversial EU Money Laundering Proposal
In an exclusive interview, Belgium’s Assita Kanko tells CoinDesk she just wants to stop anonymous payments being used for crime – but her...
Buenos Aires to Launch a Self-Sovereign Digital Identity Protocol
The framework is expected to be operational no later than the first quarter of 2023, according to a city official. Source
Cleanspark Reveals Texas Expansion — Bitcoin Miner Plans to Add 500 MW of Mining Power
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The...
Bitcoin Slides for Second Day, as Analyst Warns of Dip Below $45K
Bitcoin Slides for Second Day, as Analyst Warns of Dip Below $45K Source
Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest
Bitcoin (BTC) saw an 11% gain in the past week after the $46,000 resistance finally broke after 82 days. Many crypto pundits argue that...
Bitcoin Dips From $48K Resistance; Support at $43K
Bitcoin (BTC) is declining from overbought levels, although buyers could remain active around $43K support. Sellers could remain active...
Vitalik Buterin on Ethereum's 'Roads Not Taken'
Vitalik Buterin on Ethereum's 'Roads Not Taken' Source
India’s crypto tax policy takes effect on 1 April: Here’s a brief recap
In February, India’s Finance Ministry introduced new tax proposals on cryptocurrency, with the effective date of the capital gains...
Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today
On March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated...
CFTC Chief Says FTX Plan Could Make Crypto Markets 'More Efficient'
CFTC Chair Rostin Behnam told House lawmakers Thursday his agency was giving a FTX.US proposal on directly clearing customers' derivatives...
Bitcoin's March Gains Help Erase Memories (and Losses) From Awful 2022 Start
Cardano and Solana were up 27%, outperforming bitcoin's monthly gains. Source
Biggest Movers: ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains
Solana extended recent gains, as it continued to cement its place as the world’s sixth-largest cryptocurrency. ZIL also rose on...
Why has STEPN (GMT) price risen by more than 320% in two weeks?
With the majority of the altcoins seeing significant price gain lately, there is one by the name of STEPN (GMT) that has broken the...
VeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps
PRESS RELEASE. Palo Alto, USA, March 2022 – Vechain (VET), the leading layer-1 smart contract platform has announced it is adding...
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says Source