Quick Look
Crypto Sees $242M in Liquidations Within Hours Amid Russia-Ukraine Crisis
Global markets faltered as Russia ordered a military operation into Ukraine’s Donbas region, causing a drastic drop in crypto markets....
Bitcoin Falls 7% as Russia Invades Ukraine; Experts Say Fed U-Turn on Rate Hikes Unlikely
Some observers said Fed's tightening cycle is likely to be much shallower than expected. Source
Bitcoin, Ethereum Technical Analysis: Bitcoin Momentarily Rebounds, Following Russian Invasion of Ukraine
Following Russia’s invasion of Ukraine, volatility in bitcoin and ethereum prices intensified, with both falling to one-month lows...
Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns
Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia’s...
Senator Ted Cruz invokes Canadian unrest to advocate for Bitcoin again
Republican Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again...
Highlights Feb 25: Cryptos recover, UK100 ends deep in the red
Despite starting with noticeable declines yesterday, cryptos showed an impressive recovery over the past 24 hours. London-listed...
SpookySwap soaring after Fantom-Revault integration: best places to buy SpookySwap
SpookySwap is an automated market-making decentralized exchange (DEX) for the Fantom Opera network. It is surging today, having gained 31%...
Bitcoin Crashes 9% as Missiles Strike Kyiv, Airport Captured
The world's largest cryptocurrency by market value was trading about $35,360 at time of writing after passing $39,000 on Tuesday. Source
Officials Attend First Lecture on NFTs at Major Turkish University
Ankara University has become the first higher education institution in Turkey to organize a course on non-fungible tokens (NFTs). The...
Lucky Block is surging today, up 37%: here’s where to buy Lucky Block
The live Lucky Block price today is $0.006 with a 24-hour trading volume of $8.7 million. Lucky Block has added more than a third to its...
Sotheby’s Withdraws Lot of 104 CryptoPunks Minutes Before Expected Auction
The sale was expected to draw up to $30 million before it was abruptly canceled by the seller. Source
Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles
On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk...
NoVa Battles: A Play to Earn Mobile Game That’s Building It’s Own Universe
PRESS RELEASE. NoVa Battles is a PlayToEarn mobile MOBA game developed with the core focus on implementing blockchain technology. The...
India Unveils Guidelines for Crypto Advertising
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related...
US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security
The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the...
VOXEL, SLP and ALICE rally after protocol updates and a major exchange listing
Crypto markets are taking a beating but there are still a few standout performers even during this week’s volatility. One sector...
NFT projects thrive even as OpenSea trading volumes take a hit
Despite a number of attempted vampire attacks,nonfungible tokens (NFTs) continue to have a strong run on OpenSea, with the number of...
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent...
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump Source
Why White Hat Hackers Are Vital to the Crypto Ecosystem
White hat hacker Jay Freeman stopped a potential $750 million vulnerability from being exploited on three of Ethereum's layer 2 networks....
Solana Wallet Slope Finance Raises $8M
The Series A was co-led by Solana Ventures and Jump Crypto. Source
The Metaverse Opportunity for Artists
With contributions from Filipino-American rapper Allan Pineda Lindo, the First Mint Fund helps mint NFTs for aspiring artists in Southeast...
Chainalysis Study Shows ‘Criminal Whales’ Hold $25B in Digital Assets, Entities Represent 3.7% of All Crypto Whales
According to research published by Chainalysis, criminal entities hold more than $25 billion in cryptocurrencies. The blockchain...
Ukraine's Wealthy Finding It Hard to Buy Crypto Amid Geopolitical Tension
Ukraine's Wealthy Finding It Hard to Buy Crypto Amid Geopolitical Tension Source
‘Bitcoin makes no sense for blockchain developers,’ says 1inch Network co-founder
Anton Bukov, the co-founder of 1inch Network, thinks that Ethereum will likely become the main settlement layer for a multi-chain...
Bitcoin Trends Upward as Markets Calm Despite Ukraine Tensions
Traders showed some optimism even as President Joe Biden announced more sanctions. Source
Market Wrap: Bitcoin Sellers Return, Reversing Earlier Gains
Bitcoin (BTC) reversed earlier losses on Wednesday as geopolitical concerns linger. Meanwhile, the rally in stablecoins such as LUNA could...
How to Avoid the Five Most Common Crypto Tax Mistakes I Cointelli
The 2022 U.S. tax season is upon us and cryptocurrency traders need all the help they can get. Here are five common crypto tax...
Animoca Brands Leads $10M Funding Round for NFT Platform Ucollex
The platform, which doesn’t require buyers to own a digital wallet, focuses on art and pop culture collectibles. Source
4 Crypto Tax Myths You Need to Know
With the U.S. tax deadline (April 18) around the corner, confusion about cryptocurrency taxes abounds. Here are some ways you might have...
Top 3 Coins to Stake on Binance
Binance makes it easy to stake and offers some of the highest yields on the market, meaning there are plenty of passive income...
Bitcoin Bounce Fades; Minor Support at $30K-$36K
Bitcoin (BTC) price bounce was short-lived as sellers reacted to the $40,000 resistance zone. Upside appears limited due to negative...
Bitcoin hedge argument falls short amid Russian invasion
Given the jarring news overnight that Russia have invaded Ukraine, it feels a little trivial writing about finance this afternoon. I...
Canada, Russia and Crypto's Place in the World
We may be on the cusp of seeing the effect that widely coordinated, government-imposed sanctions have on digital currencies (and...
China’s Supreme Court declares crypto transactions as ‘illegal fundraising’
The court’s verdict makes use of virtual assets criminal and stipulates heavy prison sentences and penalties. The Supreme People's...
BUIDLing Among the Chaos: What Devs Discussed at ETHDenver
High school students, Web 2 converts and crypto founders spent a week building the future of finance in a jam-packed venue. What comes...
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority...
Trudeau Proved Bitcoin's Value, so Why Is It Trading Sideways?
Financial censorship in Canada is creating new crypto converts. But BTC's price isn't following - yet. Source
FTX Hires Beauty Entrepreneur Lauren Remington Platt to Target Luxury Partnerships
The crypto exchange said it hopes Platt’s appointment will help it capitalize on the over $300 billion luxury goods market. Source
Warner Music Group Adding Play-to-Earn Games With Splinterlands Partnership
The music giant is adding blockchain-based gaming to its repertoire in an effort to expand revenue streams for its roster of musicians....
Bitcoin rises above $36K as 24-hour crypto liquidations pass $500M
Bitcoin (BTC) edged higher after Wall Street opened on Feb. 24 with Russia’s Ukraine invasion and its aftermath still top on...
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy...
Valkyrie Investments Offers Treasury Management Service to Blockchain Projects
Digital asset manager Valkyrie Investments is now offering a protocol treasury management service to blockchain projects. Source
FIFO or Specific Identification: Choosing the Best Way to Calculate Cost Basis on Crypto
For crypto users who use multiple exchanges or wallets, understanding how the IRS treats cost basis assignment can eliminate confusion....
Ren Labs Raises $7.5M for ‘Catalog’ Cross-Chain Exchange
The popular blockchain bridge is looking to expand its services in 2022. Source
Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
Mitsubishi UFJ Financial Group (MUFG), one of Japan's largest financial institutions, has decided to suspend its high-speed blockchain...
StarkWare Launches Layer 2 Product StarkNet on Ethereum
StarkNet uses rollups to squash Ethereum’s crushing gas fees Source
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than...
Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5K this year
The ongoing Bitcoin (BTC) price correction could continue as per almost a century-old technical analysis principle called the...
Crypto Tax Prep Business Booms as Trading Surges and IRS Tightens Screws
Startups that help Americans calculate their crypto taxes have been raising hundreds of millions of dollars. Even traditional tax-prep...
3 notable crypto personalities commenting on war
At 4am local time this morning, Russian president Vladimir Putin announced a military operation against Ukraine, live on national TV. He...
The ‘Polish Elon Musk’ and a 3D portal to the Metaverse
Robert Gryn is a serial entrepreneur who has built a high-tech Metaverse scanner which he hopes will act as a portal from our physical...
Form 1099-B Is Not the Solution to Your Cryptocurrency Tax Problems
Repurposing tax reporting designed for equity trading ignores the innovation brought about by wallet-to-wallet transactions. Source
Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec
As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts...
How Web 3 Could Change Tax Collection
A third-party information reporting system is incompatible in Web 3 because its transactions don’t have a third-party. What comes next?...
Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved
A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. Source
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA. Source
1Password Adds 1-Click Credential Storage for Solana-Based Phantom Wallet Users
The collaboration between 1Password and Phantom is intended to make crypto security human-centric by simplifying login management and...
Nexo partners BlockFills to bring Prime Brokerage services to crypto miners
The collaboration allows for a syndicated lending solution, which will help Nexo reach a growing user base of crypto miners utilizing...
Morgan Stanley Says Bitcoin Cannot Escape Energy Requirements
Increased investor interest means that sustainability has become an important consideration for crypto, the bank said. Source
China's Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
Authorities are still working to eliminate the industry, months after it was banned. Source
Coinbase’s Q4 Trading Volumes Set to Increase but Outlook Could Get Gloomy Amid Volatility
Analysts are divided on the outlook for America’s largest cryptocurrency exchange. Source
First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind. Source
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s...
A Healthy US Bitcoin Mining Industry Could Generate Significant Tax Revenue
Tax revenue inflows from bitcoin mining companies could represent a meaningful windfall for the United States government. Source
Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi
Web 3 browser Opera has integrated with decentralized finance (DeFi) trading platform DeversiFi to bring a Layer 2 Ethereum to its users....
Cosmos Builder Tendermint Rebrands to ‘Ignite’ as Team Shifts Focus
Ignite says it’s now a “product-first” company focused on the development of its Cosmos portfolio manager and blockchain development...
Fast Break Labs Raises $$6M in Seed Funding Round
Web 3 fantasy sports game from Fast Break Labs also saw investment from League of Legends developer Riot Games’ Thomas Vu. Source
Instant Exchange Marketplace Swapzone Introduces Exchange API for US Residents
PRESS RELEASE. Swapzone.io, a successful crypto-to-crypto exchange aggregator has just announced a new feature named “fixed-rate...
Tackling Ethereum Problems at ETHDenver
Developers gathered in Denver to discuss all things Ethereum: staking, DAOs and decentralized finance (DeFi). Source
Cardano’s ADA Jumps Amid Recovery in Major Cryptos; Traders Remain Cautious
Prices of major cryptocurrencies were up as much as 16% on Wednesday after nearly a week of downslide. Source
‘Web3Memes’ Rugs $235K From Investors Five Hours After Issuance: PeckShield
Developers behind the memecoin moved 625 binance coins in rugged funds via privacy tool Tornado Cash this morning. Source
Aventus Taps Scytale Ventures to Boost Polkadot Parachain Plans
Aventus wants to bring business-friendly blockchain applications to the Polkadot network. Source
India's Crypto Advertising Guidelines Are Out
India's advertising watchdog had been framing guidelines for virtual digital assets. Source
Tonga’s timeline for Bitcoin as legal tender and BTC mining with volcanoes
Lord Fusitu’a, a former member of the Tongan Parliament, has shared a timeline for the country’s plan to adopt Bitcoin (BTC). A Tongan...
NYSE Parent ICE Takes Stake in tZERO in Potential Move Toward Tokenized Stocks
NYSE Parent ICE Takes Stake in tZERO in Potential Move Toward Tokenized Stocks Source
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and Korea, among other countries, are likely to reduce the market for GameFi in the Asia Pacific Rim...
UK law firm accepts Bitcoin, Ethereum, Cardano and other crypto
British law firm Gunnercooke accepts payments in most major cryptocurrencies for their services. Those in need of legal help can now get...
‘WGMI’: JPMorgan’s Blockchain Chief Leaves for Unspecified New Opportunity
Christine Moy's post was short on details but a "we're gonna make it" sign-off hinted at future crypto plans. Source
Market highlights February 24: Five of the top 10 cryptos dropped by double digits
Crypto assets were trending downward on Wednesday night, but when Russia began attacking Ukraine on Thursday morning, they took a dive...
Bitcoin dips 12% as Russian ruble hits all-time low against USD on Ukraine ‘military operation’
Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over. BTC/USD 1-hour candle chart (Bitstamp)....
FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war on Ukraine early...
Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’
Bitcoin (BTC) may yet reenter the $20,000 zone, but the coming weeks could provide a solid buying opportunity, a new report forecasts. In...
Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable...
Russia to seize retail deposits if sanctions go too far, official warns
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could risk losing their savings. Russians’...
Games will adopt blockchain in 2022 through esports and P2E models: Report
In the past, earning money through games was only possible by uploading gaming videos online, streaming game content and playing...
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a...
Bitcoin Ticks Up as Biden Announces New Russia Sanctions
Bitcoin Ticks Up as Biden Announces New Russia Sanctions Source
OVR Co-Founder Diego Di Tommaso Talks AR, Map2earn, Polygon Migration, Cross Metaverse Assets and Fashion
OVR is a World Scale, open-source, AR platform powered by Ethereum. OVR makes it possible for users provided with a mobile device or smart...
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin. Source