Quick Look
Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s
The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the...
Bitcoin inches towards higher weekly close with CME futures gap in focus
Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000. BTC/USD 1-hour candle...
Ethereum’s average and median transaction fee slip, lowest in six months
The infamous transaction fees of the Ethereum (ETH) ecosystem underwent a decremental phase from Jan. 10 to record the lowest average and...
FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments
The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people...
Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad
The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad,...
South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’
Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as...
El Salvador’s Bitcoin Law: Understanding alternatives to government intervention
Last year, El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both in and...
Cydia Dev Discloses Ethereum L2 Bug — Optimism Attacker Could Have ‘Printed an Arbitrary Quantity of Tokens’
On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread...
What’s shaping the future of the institutional crypto market?
2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the...
Hungary’s Central Bank Governor Calls for EU-Wide Ban on Cryptocurrency Trading and Mining
The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It...
Wells Fargo: Cryptocurrency Has Entered ‘Hyper-Adoption Phase’
Financial services firm Wells Fargo says that cryptocurrencies are viable investments that have entered the “hyper-adoption”...
Metaverse is booming, bringing revolution to real estate
Mark Zuckerberg might claim the Metaverse is the future — but in the eyes of others, the future has already begun. Science fiction author...
Netflix Orders Crypto Series About a Couple’s Alleged Scheme to Launder $4.5B in Bitcoin Stolen From Bitfinex
Netflix has ordered a documentary series about the couple who allegedly laundered billions of dollars from the 2016 Bitfinex hack....
Uniswap could return to $16 even as selling pressure continues to build
Uniswap (UNI) ended the week sharply lower after less than impressive CPI data from the US. But despite this selling pressure, the outlook...
Ethereum (ETH) falls below $3000 in recent crypto pullback – Is a bounce towards $3500 happening?
It's been a decent month in February for Ethereum (ETH) so far. The coin is climbing from its January lows and in fact, it managed to...
Monero (XMR) Falls again from the crucial $180 supply zone – What next for bulls?
Monero (XMR) has seen some decent rallies in recent days. However, the coin has failed to surge past a crucial supply zone, falling...
VeChain (VET) looks poised to test $0.075 even as the coin falls sharply in intraday trading today
The overall outlook for VeChain (VET) over the last two weeks has been positively bullish. The coin has joined other crypto assets in...
EOS (EOS) fails to break downtrend despite reporting significant rally over the last week or so
Since September last year, EOS (EOS) has been on a massive downtrend. The coin has sparked a bit, but the general outlook ever since has...
Crypto Inu (ABCD) tanks by over 30% barely 24 hours after launching a new DeFi deflationary token
Crypto Inu (ABCD) has announced the release of a new DeFi deflationary token. The community token is designed to combine charity support...
2 key indicators cast doubt on the strength of the current crypto market recovery
Analyzing the aggregate cryptocurrency market performance over the past 7 days could give investors the impression that the total market...
Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
NEAR Protocol Provides Development Grant To InsurAce․io
PRESS RELEASE. InsurAce.io has announced that its proposal for a NEAR protocol development grant has now been granted, and that its...
Trudeau Warns Truckers Government Will ‘Respond With Whatever It Takes,’ 2 Freedom Convoy Crypto Fundraisers Reach Goals
The truckers Freedom Convoy in Canada continues even after Canadian Prime Minister Justin Trudeau has warned the truckers the government...
How Polkadot’s parachain auctions make a decentralized Web3 possible
When Gavin Wood co-founded Ethereum, he stated that it would “allow people to interact in mutually beneficial ways without anyone needing...
Polygon price risks 50% drop as MATIC paints inverted cup and handle pattern
Polygon (MATIC) has dropped by more than 40% from its record high of $2.92, established on Dec. 27, 2021. But if a classic technical...
Finance Redefined: Alchemy raises $200M, Bunny goes DAO, Feb. 4–11
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the DeFi space continues its technical resurgence,...
Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT)...
US Inflation Hits New 4-Decade High of 7.5% in January
Bitcoin traders keep track of the inflation rate because some think of the cryptocurrency as an inflation hedge, and the Federal Reserve's...
Intel to Develop Crypto Mining Accelerators, Claims Circuits Will Deliver ‘1000x Better Performance per Watt’
The California-based technology company and the world’s largest semiconductor chip manufacturer by revenue, Intel, has revealed the...
Here’s how traders got alerted to some of the biggest rallies of this week’s resurging market
This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up...
Bitcoin’s last security challenge: Simplicity
It’s been just 13 years since Bitcoin’s (BTC) “Mayflower moment,” when a tiny handful of intrepid travelers chose to turn their back on...
Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover
Law enforcement in Russia has blocked major sites on the dark web, including a carding market leader. The platforms have been seized amid...
Technical Analysis: AMP Surges, IOTX Lower After Friday’s Jump
Friday’s big gainer IOTX fell lower on Saturday, as a red wave continued to submerge crypto markets to start the weekend. Overall,...
LBank Exchange Lists Crypton (CRP) on February 11, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 12, 2022 – LBank Exchange, a global digital asset trading platform, listed Crypton (CRP)...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 to Start the Weekend
Ethereum dropped below $3,000 to start the weekend, as cryptocurrency prices fell for a second consecutive day. Bitcoin was also lower,...
Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin
Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial...
Bitcoin on-chain data hints at institutions ‘deploying capital’ at expense of ‘hodlers’
“Sophisticated passive buying” on Bitcoin (BTC) spot exchanges coincides with the trend of BTC leaving exchanges to cold...
Kenyan Central Bank Document Discusses Benefits and Risks Posed by CBDC — Public Asked to Comment
Kenya’s central bank has acknowledged in a recently released document that a central bank digital currency could potentially...
Bandai Namco to Invest $130 Million in Building Its Own IP Metaverse
Bandai Namco, a game development and publishing company, has announced its intention of creating its own metaverse to increase the...
What is Avalanche Network (AVAX) and how does it work?
What is Avalanche Network (AVAX)? Launched in 2020 by Ava Labs, Avalanche is a blockchain platform that is smart contract-capable....
Bitcoin dips below $42K as crypto sentiment returns to ‘fear’
Bitcoin (BTC) trended toward a $40,000 retest on Feb. 12 as BTC price action bore out analysts’ predictions. BTC/USD 1-hour candle...
Hungary’s central bank chief wants EU-wide crypto trading and mining ban
György Matolcsy, Governor of the Hungarian National Bank, has proposed a blanket ban on all cryptocurrency trading and mining operations...
Bank of Zambia Expects to Complete CBDC Study in Q4
The Bank of Zambia has said it expects to complete its study seeking to determine the feasibility of launching a Central Bank Digital...
Experience-to-earn is the gateway for NFT mainstream adoption
An experience-to-earn (E2E) nonfungible token (NFT) ecosystem rewards people on-chain for doing everyday activities, bringing new forms of...
Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts...
Uniswap V3 Based ‘Universe Finance’ Reveals Plans of Launch
PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance...
Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars...
Analysts say Bitcoin price is in the ‘profit-taking’ zone with a ceiling at $45K
The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and...
Redditor stashes away BTC worth $100 for 100 years in public library
There’s never a dull day in Bitcoin (BTC) land. Despite that markets calling for a lull, the creative Bitcoin community always has cause...
The evolution of DAOs and why they are expected to take hold in 2022
In 2021, crypto has been one of the biggest trends shaping tech and finance, and according to mainstream news headlines, decentralized...
SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the...
Forbes Receives $200M From Binance as It Eyes NYSE Listing
The investment will make Binance one of the top two investors in Forbes. Source
Altcoin Roundup: 3 P2E games that don’t need Ethereum to make waves
The rise of blockchain-based play-to-earn (P2E) gaming was one of the leading stories in 2021 as games such as Axie Infinity exploded in...
DeFi flashes early revival signs as retail and institutional inflows trickle in
Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down...
Why Singapore is one of the most crypto-friendly countries
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging...
Billionaire Bill Miller Has ‘Very Big’ Bitcoin Position — Calls BTC ‘Insurance Against Financial Catastrophe’
Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of...
EOS Community Weighs Legal Action Against Block.one Seeking $4.1B
The EOS Foundation is considering legal action against estranged parent firm Block.one seeking $4.1 billion in damages. Source
Ethereum v Binance Coin: Why ETH could outperform BNB in 2022
Key Points: Ethereum and Binance coin are among the safest altcoins in the market. Both have the fundamentals to see them rally in...
Loopring (LRC) could see a decisive breakout with gains of nearly 50% feasible
Loopring (LRC) had emerged as one of the top-performing coins in 2021. In fact, the altcoin went on to hit its all-time high of $3.86 in...
Coinbase partners OneRiver to launch a managed account for institutional investors
Coinbase Prime will power the new separately managed account ONE Digital SMA, the companies announced. Brett Tejpaul, the head of Coinbase...
Alchemy Pay (ACH) surges by over 70% after listing on AscendEX and other exchanges
Alchemy Pay (ACH) has surged by over 70% after the token was listed on AscendEX and other exchanges. There was also a cross-chain launch...
Philippines Crypto Exchange PDAX Raises $50M Series B Led by Tiger Global
The exchange wants to bring crypto to the Philippines, where P2E game Axie Infinity has flourished. Source
IOTA (MIOTA) remains relatively bullish despite falling below the $1 mark
IOTA (MIOTA) has been trading below the psychologically crucial $1 mark over the last few days. However, looking at other technical...
Manchester United Confirms Tezos Sponsorship
Manchester United signed a deal with Tezos that will see the blockchain platform sponsor the soccer team's training kit. Source
Uber CEO Says Firm Will ‘Lean Into Crypto’ When It Becomes ‘Environmentally Friendly,’ Less Expensive to Transact
Speaking in an interview on Friday, Uber CEO Dara Khosrowshahi explained that the company will accept cryptocurrencies “at some...
Price analysis 2/11: BTC, ETH, BNB, XRP, ADA, SOL, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC) is attempting to bottom out and whales seem to be helping it do that. Coin Metrics data shows that whale addresses holding...
Meet The Man Behind Universe Island
PRESS RELEASE. Universe Island – the name in itself gives away a major hint of what the game beholds, that is, a whole metaverse...
Here’s why Bitcoin traders shouldn’t overanalyze US inflation data
Analysts and pundits will scramble to find some angle to explain intra-day price action whenever important economic numbers are published...
Crypto Markets Remain Flat as Bitcoin Sees Institutional Buying
Price-chart indicators show bitcoin is still far from the overbought zone and may run further, according to analysts. Source
FLOW Tokens Surge on Beijing 2022 Olympics Winter Games License
A new play-to-earn mobile game on Flow lets players into the Olympics action from the ongoing Winter Games in Beijing. Source
Fitch Downgrades El Salvador to CCC Weeks Before Bitcoin Bond Issue
Concerns over ability to service debt, concentration of power in the presidency, and adoption of bitcoin as legal tender drove the...
Uber will accept crypto ‘at some point,’ firm’s CEO says
Uber is having conversations about leaning into crypto, the firm’s chief executive Dara Khosrowshashi told Bloomberg on Friday. But...
MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST
On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has...
Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed Membership
It's no guarantee of Fed approval, but Avanti Bank now has a routing number through the American Bankers Association. Source
CleanSpark Mulling Strategic Options for Its Legacy Energy Business
The company would rather focus on its highly successful bitcoin mining efforts. Source
To Improve Crypto Gaming, Developers Should Look Back in Time
Game developers currently focus largely on token implementation. If we want to expand the metaverse, developers should take lessons from...
Technical Analysis: IOTX Captures the Biggest Gains, as Crypto Markets Fall on Friday
IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency...
First Mover Asia: Cryptos Turn Green on Red-Letter Russia News
Bitcoin increased to nearly $45,000 and major altcoins rose as well after the world's 11th largest economy announced it would regulate...
13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin
13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P...
The world’s first and oldest Bitcoin mining pool has mined nearly 1.3 million BTC since inception
All things have their humble beginnings; in 2010, the first Bitcoin (BTC) mining project was created in Prague, Czechia, and was simply...
Bitcoin Miner Iris Energy Reports Record Earnings, With Expansion on Track
In its first quarterly results since coming public late last year, Sydney-based Iris Energy (IREN) reported mining 364 bitcoin in the...
Crypto Tax Pros Throw Cold Water on Staking Excitement
A possible settlement in an ongoing legal case may not precedence make. Source
Kia America’s “Robo Dog” NFT release to help ‘animals in need find Forever Homes’
Fans of Robo Dog have a chance to acquire the NFT series and help raise funds to Petfinder Foundation’s efforts to find homes for...
Zynga Plans First NFT Games, Web 3 Acquisitions in 2022
The mobile gaming giant expects to announce partnerships with and possible purchases of blockchain firms by the end of the second quarter....
Market Wrap: Bitcoin and Stocks Rise, Signaling Greater Investor Appetite for Risk
Bitcoin (BTC) rose along with stocks on Wednesday, and several altcoins took the lead. Investors are starting to warm up to speculative...
Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president...
CFTC Should Oversee Crypto Spot Markets, Chief Reiterates Before Congress
CFTC chair Rostin Behnam also requested that Congress fund his agency with an additional $100 million to properly oversee crypto markets....
Wells Fargo says crypto is headed for hyper-adoption
Bitcoin’s adoption is at an early stage, according to Wells Fargo Like the 1990s, when the internet saw an explosion in mass...
Bitcoin Recovering Between $40K Support and $46K Resistance
Bitcoin (BTC) is in recovery mode as buyers maintain intraday support levels. Spot trading volume is starting to tick higher, albeit still...
Bitcoin fails to get past $44K and loses 4% due to accelerating inflation rate
This year started with a market plunge that saw the majority of cryptocurrencies like Bitcoin and Ethereum nosedive. Bitcoin has, however,...