Quick Look
Bitcoin needs to reclaim these two levels to avoid another dip to $28K
Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed,...
Bitcoin Lightning Network growth capacity plateaus at 3,400 BTC
Following an exponential climb in capacity over 2022, the Bitcoin (BTC) Lightning Network made a lackluster start to the new year....
Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K
Bitcoin (BTC) continues to rally toward the $45K-$47K resistance levels. The outlook for BTC is less bearish after holding above the $40K...
CBDCs and the Case for the Public Good
It's time to get clearer on what digital fiat currencies can and can't do, says the COO of the Stellar Development Foundation. Source
KPMG Canada Adds Crypto to Its Balance Sheet
The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services. Source
Russian Government Eyes $13 Billion in Taxes From Crypto Economy
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government...
Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before, suggesting investor confidence in the recovering...
Of Course It’s OK to Out the BAYC Founders
In "doxing" two of the NFT project's creators, BuzzFeed News was simply doing its job. Source
Market highlights February 9: UNUS SED LEO rallying on Bitfinex news, strong earnings lift US indices
The crypto market as a whole was uneventful with a few exceptions, which we’ll note here. Most of the top 100 coins by market cap...
Valkyrie Bitcoin Miners ETF Approved for Nasdaq Listing
The Valkyrie Bitcoin Miners ETF (WGMI) will invest at least 80% of its net assets in companies that derive a minimum of 50% of their...
Bitcoin needs to reclaim these two levels to avoid another a $28K dip
Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed,...
Meet the Man Behind Associated Press' Crypto Strategy
Meet the Man Behind Associated Press' Crypto Strategy Source
GALA is rebounding, gained 8% today and counting: top places to buy GALA
Metaverse token GALA has gained 117% since the beginning of this month alone. This week’s jump is mainly attributed to the launch of...
Bomber Coin shed 8% of its value today: is it time to buy the dip?
Bomber Coin, the native token of the P2E game Bomb Crypto, has lost 8% of its value in the last 24 hours and continues to decline. Is it...
$4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown
The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum’s native token reached a...
Saudi Arabia Medical Institution Implements Blockchain-Based ‘Digital Credentialing Solution’
Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of...
Tezos is up 8% in the last 24 hours: here’s where to buy Tezos before it’s too late
The live Tezos price today is $4.46 with a 24-hour trading volume of $429.5 million. Tezos, a token on Binance Smart Chain, is up 7.97% in...
New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022
Martin Gruenberg said agencies like the FDIC needed to provide “robust guidance” to the banking industry on how to manage the risks to...
‘Powder keg’: FSInsight report says a single spark could see BTC 5X
Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of...
The Rabbids Invade the Metaverse as The Sandbox Partners With Gaming Giant Ubisoft
On February 8, the subsidiary of Animoca Brands and the decentralized gaming virtual world project, The Sandbox, announced the company has...
Dvision Network 2nd LAND Sale on Polygon Successfully Takes Place
PRESS RELEASE. Dvision Network’s second LAND sale has now been successfully conducted on the Polygon Mainnet. As a matter of fact,...
Crypto Payments Firm Wirex Expands to US, Begins Distributing Crypto-Linked Visa Debit Card
U.S.-based users of Wirex will be able to use the company’s app to buy, store, and exchange traditional currencies and 37 different...
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the...
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring”...
Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at...
‘China’s crypto ban had little impact on Neo,’ says organization’s developers
Once hailed as the “Ethereum of China,” Neo’s token price has fallen on hard times ever since the world’s most...
Ethereum price holds above $3K but network data suggests bulls may get trapped
When analyzing Ether’s (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons....
Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets
Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets Source
Bitcoin Giveaway: Crypto Exchange FTX Giving Away BTC During Super Bowl
Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive...
Polygon Raises $450M From Sequoia Capital India, Galaxy, SoftBank to Support Web 3 Plans
Polygon will use the funding to build Web 3 applications and invest in zero-knowledge technology. Source
North Korea Used Stolen Crypto to Fund Missile Program: Report
North Korea stole more than $50 million from cryptocurrency exchanges, a United Nations report says, according to Reuters. Source
Aave (AAVE) is expected to surge in the near term after launching a brand new social media platform
Aave (AAVE) has been going through a period of recovery over the last few days. The leading DeFi protocol is reversing some of the losses...
FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid...
RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility
Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for...
Blockchain.com’s Global Head of Asset Management Is Leaving the Firm
Xen Baynham-Herd, global head of asset management at crypto exchange and digital wallet provider Blockchain.com, is leaving the business,...
Terra (LUNA) could swing to $90 despite reporting consistent downtrends over the last few weeks
Terra (LUNA) is looking poised for a decent upswing after spending much of 2022 on the downtrend. The coin has been showing some signs of...
$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter
Blockchain infrastructure company Meter has had $4.4 million stolen in a hack which affected its own network and also the Moonriver...
Covesting Token Update: All-New COV-Denominated Accounts Now Live on PrimeXBT
Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying...
Fantom (FTM) rally is slowing but the coin remains well on course towards $3 in the near term
Fantom (FTM) has remained one of the best-performing crypto assets in the last few weeks. There was of course some major news on the chain...
Avalanche (AVAX) remains on course towards $100 – But expect some significant pullback before then
As the broader crypto market recovers from the January correction, it seems like Avalanche (AVAX) has put on the afterburners. The coin...
Aleo Blockchain Raises $200M for Privacy-Minded DeFi
The lovechild of Ethereum programmability and Zcash privacy is getting a funding boost from SoftBank, Tiger Global and others. Source
DigiByte (DGB) Price Prediction – What does the future hold for this microcap
DigiByte (DGB), like many assets in the market, has seen some strength in the last few days. However, as a small microcap coin, there is...
Treasury official calls for “urgent” stablecoin legislation from US Congress
Stablecoin regulation is one of the key issues in the President’s Working Group on crypto. US Treasury Undersecretary for Domestic...
Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain...
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
Mitsubishi UFJ Trust is set to issue a stablecoin as a means of payment in aiming to bring about instant settlement of securities...
XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Friday's stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions underpinned a price recovery, analysts...
Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said. Source
Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
Tesla recorded around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021. Source
Coinbase Explains Guidelines for Removing Accounts and Content
"Our approach is to be free speech supporters, but not free speech martyrs," writes Coinbase CEO Brian Armstrong. Source
FBI arrests two over 2016 Bitfinex hack, $3.6B in Bitcoin seized
Bitfinex lost 119,754 bitcoins in the August 2016 hack The US Justice Department announced on Tuesday that its law enforcement agents had...
Shiba Inu's SHIB Rockets 26%, Leads Meme Coin Gains
Several dog-themed tokens were the top gainers on Monday amid a recovery in the broader crypto market. Source
VR Headset Maker HTC Safe From Meta’s Stock Wipeout
The manufacturer of the Vive VR headset opened trading in Taipei up 5% after the Lunar New Year break. Source
Crypto, Blockchain Investments in 2021 Exceeded Previous 3 Years Combined: KPMG
Investment in blockchain and cryptocurrency hit $30 billion in 2021, more than in the three previous years combined, according to a new...
Smooth Love Potion (SLP) price is up 24%: why is the Axie Infinity game token rising?
The SLP token has been on the rise today and it was trading at $0.01926 at the time of writing; a 24.17% rise over the last 24 hours. Its...
US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets
Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among...
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested
The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency...
Wonderland’s treasury saga exposes the fragility of DAO projects today
The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing...
Technical Analysis: LEO up 60% Today, SHIB Falls Lower Following Monday’s Gains
Shiba inu’s (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today’s...
Ethereum Name Service Removes Core Team Member Brantly Millegan Over 2016 Tweet
Millegan says he will keep his position as director of operations of True Names Ltd., the legal entity of the ENS DAO. Source
Globalblock partners Premier Sports Network to promote crypto adoption in global sports
GlobalBlock becomes Premier Sports Network (PSN)’s official digital asset partner The collaboration will see GlobalBlock get access...
Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K
This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In...
The Corporate Argument for Bitcoin
MicroStrategy CEO Michael Saylor likened his company’s performance to rowing a boat against wind blowing harder than one can row. Is...
First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading
Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump. Source
How Crypto Can Power the Future of Work for People of Color
How Crypto Can Power the Future of Work for People of Color Source
Crypto Miner Merkle Among First to Get Bitmain’s Newest Liquid Cooling Mining Rigs
Merkle will receive 4,449 S19 Pro+ Hydro’s from Bitmain in May. Source
Charity hack fixes your crypto CGT bill: Endaoment
Robbie Heeger’s Endaoment has facilitated the donation of over $30 million of cryptocurrency to 243 different charities. These donations...
OpenSea once again delists CryptoPunks v1 as legal battle heats up
Late Monday, popular nonfungible tokens, or NFTs, platform OpenSea once again delisted the CryptoPunks v1 collection, which spiraled into...
The Valkyrie Bitcoin Miners ETF (WGMI) debuts on Nasdaq
The WGMI exchange-traded fund will invest in companies with 80% of revenue from BTC mining. The fund includes 5 Bitcoin mining companies...
Freedom Convoy Continues, Trudeau Begs Protestors to Stop, Fundraiser Raises $542K in Bitcoin
During the last week, a large number of truckers are still occupying the streets of Ottawa protesting the vaccine mandates. On Monday,...
Bitcoin begins correction after $45K rejection — Where can BTC price bounce next?
Bitcoin (BTC) gave back $2,500 of its newly-won gains during Feb. 8 as a long-awaited correction took center stage. BTC/USD 1-hour candle...
Market Wrap: Bitcoin Rallies as Altcoins Take the Lead
Bitcoin (BTC) and other cryptos rallied on Friday as bullish sentiment returned. Altcoins took the lead, especially ETH and NEAR rising...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate After Monday’s Surge
Crypto markets marginally consolidated on Tuesday, following yesterday’s price surge which saw bitcoin and ethereum both rally to...
DeFi Infrastructure Provider Qredo Raises $80M at $460M Valuation
10T Holdings, a crypto firm led by hedge fund manager Dan Tapiero, led the round. Source
SEC Requests Comments on Concerns About Grayscale's Spot Bitcoin ETF Proposal
SEC Requests Comments on Concerns About Grayscale's Spot Bitcoin ETF Proposal Source
Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K
Bitcoin (BTC) buyers were active over the past 24 hours, pushing the cryptocurrency above $40K for the first time in two weeks. Buyers...
US Treasury Department Warns of NFT Risk in Art-Related Money Laundering
The U.S. Department of the Treasury warned that non-fungible tokens (NFTs) may become a tool for money laundering in the high value art...
Spanish Treasury Postpones the Definition of Crypto Tax Declaration Models Until Next Year
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to...
Nike and Hermès File Lawsuits for Trademark Infringement as Fashion Collides With NFTs
Imitation may be the sincerest form of flattery, but not when it comes to the increasingly lucrative market of digital collectibles,...
Bitcoin price: Analyst highlights next steps for BTC if this level turns into support
Crypto trader and analyst Rekt Capital says the 200-day EMA is a key level for bulls, currently around $47,000. Data from CoinGecko shows...
Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
Crypto think tank GFX Labs says a prominent whale may be attempting to swing a vote in his favor. Source
India's Tough Crypto Stance Has a Silver Lining
How a central bank digital currency meant to stifle crypto could end up benefitting it. Source
Cappasity to Present 3D NFT for E-Commerce in March 2022
PRESS RELEASE. Cappasity’s platform will allow retailers to create immersive NFTs easily and quickly. The proprietary utility token...
A Bridge Too Far: Does the Wormhole Hack Mean the Multi-Blockchain Dream Is Dead?
Bridges and other connections between blockchains present serious security challenges. Whether they can be solved will determine the...
Ripple (XRP) price up 43% in seven days: here are the factors fuelling the current XRP uptrend
Ripple has shown impressive performance and it is among the top ten gainers over the past week. It has gone ahead to even flip giants like...
US crypto lobbying expenditure doubles in 2021: Here are the biggest spenders
Cryptocurrency advocates in the United States have been increasingly putting efforts to support the industry, with crypto lobbying...
CoinDesk Fixes CMS Exploit That Leaked Headlines Before Publication
The vulnerability appears to have allowed someone accessing an API to trade on nonpublic information ahead of the publication of at least...
Avalanche correction risk rises after AVAX price soars 80% from January lows
Avalanche’s (AVAX) recovery extended into its third week, primarily in the wake of similar upside retracement across the top crypto...
Market highlights February 8: Crypto markets higher, Facebook eyes Europe exit
The crypto markets were higher this morning, with the majority of top 10 cryptos registering gains over the past 24 hours. Meta...
Tether Responds to CoinDesk’s Intervention in Legal Proceedings
Tether Responds to CoinDesk’s Intervention in Legal Proceedings Source
Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start
China is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC). Source