Quick Look
Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO
Bitcoin (BTC) surged above the $40,000 psychological resistance on Feb. 4 and successfully held the level over the weekend. This boosted...
Crypto Users and Exchanges Must Now Report Transactions in Colombia
The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the...
England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive...
Bitcoin rejected after attacking $42K as trader says BTC price impulse move not ‘done yet’
Bitcoin (BTC) zoned in on a multi-week high for the weekly close on Feb. 6 as a calm weekend helped fragile sentiment. BTC/USD 1-hour...
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas...
Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’
The price of the Axie Infinity (AXS) token has surged by nearly 40% in three days. AXS rallied to over $65, its best level in more than...
Decentralized autonomous organizations: Tax considerations
A decentralized autonomous organizations (DAO) is an organization that is managed by a computer program powered by blockchain and run by a...
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has...
Shaktiio: the Anti-Liquidation Protocol for Crypto-Backed Loans
PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms....
Saudi Princess Reem Al Faisal Launches ‘First’ Saudi NFT Collection
Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT)...
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member...
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of...
Are NFTs an animal to be regulated? A European approach to decentralization, Part 1
Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as...
Rolling Stone Partners With Coinbase, First Collaboration Is a Limited Edition NFT Collection
Following a two-year hiatus, the American magazine that’s dedicated to music, politics, and popular culture, Rolling Stone,...
Report: Andreessen Horowitz Seeks an Investment in Bored Ape Yacht Club
Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising...
All eyes on Asia — Crypto’s new chapter post-China
A fundamental trait of crypto is as an asset class that transcends jurisdictions. Yet, one of the key hubs driving adoption and innovation...
Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency...
This bullish Ethereum options trade targets $3.1K ETH price with zero liquidation risk
Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading...
Rich Dad Poor Dad’s Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are...
US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our...
Algorand (ALGO) could rally by nearly 25% after a period of price consolidation- Here is why
Algorand (ALGO) looks poised for a bullish breakout. After dropping below the $1 mark, the coin has actually been consolidating there the...
JUNO (JUNO) enters top 100 crypto rank and hits all-time highs in a recent bullish surge
JUNO (JUNO) network, a smart contract platform linked to the Cosmos ecosystem is now among the top 100 cryptocurrencies by market cap. The...
Metaverse tokens surge after Meta tanks, Dorsey roasts Diem after it shuts down, a new malware can target 40 browser wallets: Hodler’s Digest, Jan. 28-Feb.5
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions
The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions....
A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device
The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of...
Easy-to-use DeFi protocols will become the new gatekeepers to crypto
It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began...
Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion...
Technical Analysis: Gala Jumps 37% Higher, as Crypto Bulls Return
During the weekend, when bitcoin rose to a two-week high, it was Gala that stole the show after climbing 37%. Bulls returned to action on...
Indian couple celebrates blockchain wedding with NFT vows, digital priest
A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH)...
3 things every NFT investor should know to avoid a tax nightmare
2021 will be remembered as the year of nonfungible tokens (NFTs). In a year where names like Beeple and Bored Ape Yacht Club dominated the...
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support...
Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting
India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing...
Bitcoin, Ethereum Technical Analysis: Ethereum Moves Past $3,000 to Start the Weekend
Following a week of consolidation, bitcoin and ethereum prices both rallied past key resistance levels to start the weekend. Bitcoin moved...
Gofundme Shuts Down Truckers’ Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding
This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa....
Bitcoin stays higher after stocks propel BTC price toward $42K
Bitcoin (BTC) held above $41,000 into the weekend after a late surge Friday took the largest cryptocurrency to two-week highs. BTC/USD...
African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams’ Investment Firm Participates
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena...
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements...
A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum
A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated...
Konami to Keep Selling NFTs to ‘Preserve Content’
Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results...
DAOs are meant to be completely autonomous and decentralized, but are they?
While the organizational structure of a decentralized autonomous organization (DAO) is fundamentally meant to be “decentralized,” some of...
Belarus Moves to Allow Investment Funds to Acquire Crypto Assets
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is...
Metaverse Real Estate Sales Expected to Reach $1 Billion This Year
Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company...
Finance Redefined: Wonderland reveal and Wormhole hacked, Jan. 28–Feb. 4
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. It’s been a tumultuous week of doxxing, hacks, bailouts...
Gas-free transactions will revolutionize Web3
Scalability is one of the main hindrances within decentralized finance (DeFi) applications and has created huge barriers to entry. Closely...
Ted Cruz buys the Bitcoin dip
Rafael ‘Ted’ Cruz, the junior Republican senator from Texas, is putting his money where his mouth is. According to a financial disclosure...
US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure
U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.”...
Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of...
Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher
The influence of blockchain technology on the ongoing digital revolution cannot be overstated as the rise of the Metaverse and the...
Winter is coming! Here are 5 ways to survive a crypto bear market
The cryptocurrency market has an interesting way of catching even the most seasoned veterans off guard as each bull and bear market...
Telos (TLOS) hits all-time highs – Here is why more growth is still to come
After suffering major selling pressure at the start of 2022, Telos (TLOS) has rallied massively. The token has now hit an all-time...
Unus Sed Leo (LEO) surges to all-time highs – But bullish momentum still remains
Despite experiencing a lot of volatility over the last week or so, Unus Sed Leo (LEO) has seen a massive uptrend. The breakout in fact...
A Team of Experienced Crypto Enthusiasts Launch RIDGE Charity Token
PRESS RELEASE. Podgorica, Montenegro – A group of crypto enthusiasts has announced the release of the RIDGE charity token. RIDGE is...
This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster
The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in...
Bitcoin Turns Lower From Bearish Trendline, Support at $35.5K
Sellers look to regain control after bull failure at technical resistance. Source
ECB, BOE Have Scant Leeway to Influence Bitcoin
While all macro decisions matter, the Fed is the most important as it drives the global policy. Source
Price analysis 2/4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief...
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation....
These tokens saw the biggest trading volume pumps last week. How could traders benefit?
An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity...
Technical Analysis: Bitcoin Hits $40,000, as LEO Leads Friday Rally
Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies...
Blockchain startups grow as global VC funding generated $25.2B in 2021
Last year was impressive for blockchain startups, as research from CB Insights found that venture capital funding reached new heights...
Bitcoin SegWit adoption lags among major exchanges: Glassnode
SegWit has come a long way since its first appearance during the 2015–2017 blocksize war. However, despite its relative success as a...
Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge
Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart...
Bitcoin returns to $40K, liquidating over $50M of shorts in hours
Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls....
Meta Reports Loss of $10.2B on Augmented/Virtual Reality Operations in 2021
The company formerly known as Facebook also reported 2021 revenue of $2.3 billion from the newly broken out division. Source
Blockchain Bridge Wormhole Suffers Possible Exploit Worth Over $326M
The popular bridge for connecting Ethereum, Solana and more is now attempting to negotiate on-chain with the hacker. Source
60,000 Indians Petition Government to Lower Crypto Tax to Avoid ‘Devastating Impact’
Many Indians have signed a petition for the government to introduce reasonable crypto tax policies. This week, India’s finance...
Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to...
Bitcoin, Ethereum Technical Analysis: ETH up Nearly 10%, Crypto Markets Rally
Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls...
SIDUS HEROES Receives Investment From Animoca Brands, Alameda Research, Bloktopia, OKEX, Polygon and Master Ventures
PRESS RELEASE. February 04th – Sydney, Australia: SIDUS HEROES, the play-to-earn, blockchain, MMORPG game, announced today that it...
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the...
Bitcoin Slides Below $38K, Support Is Above $35K
Bitcoin (BTC) remains in an intermediate-term downtrend since November. Resistance around $38K capped a brief price bounce, suggesting...
Market highlights February 4: Cosmos is the biggest top 20 gainer
The crypto market was seen higher over the past 24 hours, as all top 20 cryptos were in the green at the time of writing. Shares in...
Bitcoin price bounces after Amazon stock gains 15% in US tech comeback
Bitcoin (BTC) recovered much of its recent losses on Feb. 4, but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour...
Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report
Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the...
Top places to buy FORTH, the first ever rebasing cryptocurrency
FORTH is based on a novel premise. The native coin of Ampleforth (AMPL) Governance Token is unique in that the number of AMPL you own can...
Immutable X token IMX shed 4% of its value in 24 hours: is it time to buy the dip?
Immutable X describes itself as the first layer-two scaling solution for NFTs on Ethereum. The token has lost 4% today, but its gains...
Quantstamp’s QSP is skyrocketing today, up 34%: here’s where to buy QSP
The live Quantstamp price today is $0.098 with a 24-hour trading volume of $58.8 million. Quantstamp is up 34.36% in the last 24 hours. If...
Central Bank of Ecuador Might Regulate Cryptocurrencies This Year
The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from...
Valr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market
Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of...
ADALend Sign the Contract With Robatz Network for the Cardano Native Decentralized Lending Protocol Development
PRESS RELEASE. ADALend and Robatz Network sign the contract for development of the decentralized lending protocol. Robatz Network and...
Crypto Asset Manager Grayscale Launches ‘Future of Finance’ ETF in Partnership With Bloomberg
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in...
Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited...
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee
India's Finance Minister, Nirmala Sitharaman, made the announcements in a budget speech in parliament on Tuesday. Source
Hackers Move $3.55B Worth of Bitcoin From 2016 Bitfinex Hack
Bad actors will have a tough time cashing out the stolen bitcoin as most of them are blacklisted. Source
3 reasons why Telos (TLOS) price hit a new all-time high
It seems crypto winter is upon us and during times like these, projects that continue to forge ahead by focusing on development and...
Crypto Startup Amber Group Acquires Japanese Exchange DeCurret
DeCurret is one of several exchanges struggling to make a profit in Japan. Source
Address Linked to Wonderland's Sifu Cashes Out $5.5M Worth of Ether
Sifu is an alleged serial scammer who has previously been convicted. Source
Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise
Ohanian’s 776 Management has raised two new funds and plans to make the majority of its future investments in crypto startups. Source
With ‘NFT All-Stars,’ Two Crypto Art Veterans Take the Conversation Further
Jason Bailey and Marguerite deCourcelle take the reins of CoinDesk’s newest show, which debuts today. Source
Cardano Developers Propose Block Size Increase
The proposal will increase Cardano’s block size to 80KB from the current 72KB in line with a broader plan for increasing network capacity....