Quick Look
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....
Japan's Crypto Exchanges Body Considers Easing Rules for Token Listings: Report
Industry association Japanese Virtual Currency Asset and Exchange Association (JVCEA) has to approve token listings on exchanges. Source
Silvergate's Acquisition of Diem's Assets Positive for Stablecoin Launch, Analysts Say
The crypto bank plans to launch a stablecoin by the end of the year Source
SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the...
The best choice of stablecoin: Tether (USDT) vs USD (coins)
The volatility of most cryptocurrencies brought about the deployment of stablecoins. These assets are pegged to external assets,...
First Mover Asia: Bitcoin Is Flat in Muted Trading; Ether Declines
Good morning. Here’s what’s happening:Market moves: Bitcoin remained largely flat, while its spot volume reduced further.Technician's...
Sphere 3D Signs $1.7B Deal to Buy 60K NuMiner Machines
Sphere 3D, the data management firm that is merging with bitcoin miner Gryphon Digital Mining, has signed a deal with mining computer...
Render Token (RNDR) plunges by 15% in 24 hours despite outperforming the entire crypto market this week
Render Token (RNDR) has been a star performer in crypto over the last week or so. In fact, the coin has been outperforming the market,...
Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit
On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320...
Tezos (XTZ) Continues to surge upwards as the chain announces a new sponsorship deal with Manchester United
Tezos (XTZ) is starting to put the choppy days of January well behind it. The coin has been surging over the last seven days despite...
Immutable X (IMX) price soars after GameStop partnership and new project launches
Nonfungible tokens (NFTs) continue to be one of the hottest sectors of the cryptocurrency market in 2022 despite the overall multi-month...
Bitcoin bulls may ignore Friday’s $730M options expiry by saving their energy for $40K
The past few months have been less than pleasant for Bitcoin (BTC) bulls, but they are not alone. Persistent comments from the United...
Who’s Using the Metaverse? Poker Players in Decentraland
In a metaverse often criticized for being devoid of things to do, the poker tables in Decentraland’s ICE Poker virtual casino have never...
Crypto derivatives volumes hit an all-time high in January 2022
Trading in derivatives increased 10% in January, hitting a new high amid speculation, data highlighted by CNBC’s Kate Rooney...
Best new coins to buy in February that could grow 100x this year
The thing with crypto is that fortunes can be made overnight. We saw it last year and we will see it again in 2022. The key is to however...
Quant ( QNT) surges to a 3-week high – Can this bullish momentum bring sustained gains?
Quant ( QNT) has been rallying over the last week or so. The coin managed to hit 3-week highs after losing much of its 2021 gains in...
Yield App Assets Grow 40% Over Q4 as Platform Passes Armanino Audit
PRESS RELEASE. ESTONIA — 03 FEBRUARY 2022 — Yield App, a FinTech company and digital asset wealth management platform, has...
Market Wrap: Bitcoin Range-Bound as Altcoins Underperform
Bitcoin was stuck in a narrow range of between $36,000 and $37,000 on Thursday as some analysts remain cautious on speculative assets,...
Polygon (MATIC) remains above a crucial support zone despite plunging nearly 10% in less than 24 hours
Polygon (MATIC) has seen a sharp decline over the last 24 hours. The altcoin has however managed to trade above a crucial support zone as...
Kazakhstan Extends Power Cuts for Cryptocurrency Miners
Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points...
The Battle to Change How the IRS Taxes Mining and Staking
This episode is sponsored by Nexo, Arculus and FTX US.Download this episodeTwo Tezos stakers sued the IRS to get back...
Decentraland rallies nearly 70% from January lows – But some indicators suggest a pullback is feasible
There are some signs right now that perhaps Decentraland (MANA) may be coming out of its bear market trend. The coin has rallied for the...
Boston Fed, MIT Publish Open-Source CBDC Software
The Federal Reserve Bank of Boston and MIT’s Digital Currency Initiative published open-source research software to support a...
Calling a Hack an Exploit Minimizes Human Error
Yesterday, beginning at 18:24 UTC, someone or something exploited a security vulnerability on Wormhole, a tool that allows users to swap...
Bitcoin Capped Below $40K Resistance; Support at $35K
Bitcoin (BTC) buyers and sellers are at a stalemate, evidenced by low trading volume and muted price action over the past few days.The...
US Lawmakers Reintroduce Bill to Provide Tax Relief for Small Crypto Transactions
A bipartisan group of U.S. House representatives has reintroduced a bill that would exempt consumers from paying taxes on crypto payments...
Muneeb Ali’s Trust Machines Raises $150M
Trust Machines, co-founded by Stacks founder Muneeb Ali and Princeton computer science professor J.P. Singh, has raised $150 million in...
OpenSea monthly volumes top $5B as NFTs continue to mainstream
In the last two weeks, Azuki, Bored Ape Yacht Club, CloneX and Mutant Ape Yacht Club have seen significant increases in floor prices and...
Crypto Options Trading Volume Surged in January as Prices Fell
January was a gloomy month for digital assets, but the crypto options market boomed.Deribit, the biggest crypto options exchange, wrote in...
Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the...
Coinbase Users Can Now Receive Tax Refunds in Crypto Through TurboTax Partnership
Cryptocurrency exchange Coinbase (COIN) is giving users the option to receive their tax refunds in crypto, the company announced in a blog...
Kanye West, NFTs and 'Building Real Products in the Real World'
Earlier this week, the American rapper and entrepreneur Kanye West implored people to stop asking him to do a “f***ing NFT.” There was...
Technical Analysis: Gamestop Partnership Sends IMX 35% Higher
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership...
Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology....
The Five Big Risk Vectors of DeFi
As the decentralized finance (DeFi) market grows, the subject of risk is taking center stage. DeFi holds the promise of automated,...
Jump Trading Backstops Wormhole’s $320M Exploit Loss: Sources
After one of the most devastating exploits in crypto history, the parent company for a popular cross-blockchain bridge has stepped in to...
Social Media Site Stocktwits Taps FTX to Launch Crypto Trading Service
Stocktwits is the latest online finance firm to add crypto trading in a bid to court users looking to branch out from traditional...
Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole
Solana (SOL) became one of the worst performers among the top cryptocurrencies on Feb. 3 as traders assessed its links with the...
Fighting Back Against Data Centralization
The internet has played a significant role in shaping the way people live today. Just about everything a person does with their lives is...
Crypto News Roundup for Feb. 3, 2022
This episode is sponsored by Kava.Today's Stories:Bitcoin Turns Lower From Bearish Trendline; Support at $35.5KTech Stocks Set to Drop...
India’s Prime Minister Modi: Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The...
Loopring Names CTO Steve Guo as CEO, Replacing Founder Wang
Loopring, an Ethereum-based project that helps developers to build decentralized exchanges (DEX), named Chief Technology Officer Steve Guo...
This metric shows Bitcoin is at its ‘4th most oversold’ level in history,’ says analyst
The entity-adjusted dormancy flow has historically been used to mark potential price bottoms in the Bitcoin market. Bitcoin continues to...
US Federal Reserve is making some analysts bullish on Bitcoin again
Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the United States dollar on...
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session....
Bitcoin bounces at $36.6K as Meta adds 20% losses to US tech stock rout
Bitcoin (BTC) recovered above $37,000 on Feb. 3 after a stocks rout took the wind out of bulls’ latest attempt to crack $40,000...
Crypto donations jumped nearly 16x in 2021, new report says
2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto...
Paris Hilton Drops Autobiographical NFTs on Origin Story Marketplace
Socialite and hotel heiress Paris Hilton has launched a series of autobiographical non-fungible tokens (NFTs) dubbed “Paris: Past Lives,...
Canadian Bitcoin ETF sees its third-biggest daily inflow ever
Canada-based Purpose Bitcoin ETF attracted over $38 million worth of Bitcoin (BTC) this Tuesday, its third-largest daily inflow to date....
Are Crypto Assets Securities?
Last September, after perhaps the most “2021” of all possible 2021 insider-trading scandals, NFT marketplace OpenSea’s head of product,...
Report crowns Solana for using least energy per transaction, but there’s a catch
Solana (SOL), one of the most active proof-of-stake (PoS) blockchains, appears to be a PoS protocol consuming the lowest amount of...
Kraken Says Proof-of-Reserves Audit Shows $19B in Bitcoin and Ether
Kraken on Thursday announced the results of a proof-of-reserves audit showing the crypto exchange held $19 billion in bitcoin and ether....
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
Roughly nine months ago, Coinbase’s initial public offering (IPO) via a direct listing on Nasdaq launched, and shares swapped for...
Bitcoin sets lower lows as 2021 BTC price resistance taunts hodlers
Bitcoin (BTC) fell further pre-Wall Street on Feb. 3 as analysis revealed old resistance levels had returned to haunt bulls. BTC/USD...
Bitcoin cae por debajo de línea de tendencia bajista, con soporte en $35.500
Bitcoin no logró penetrar la resistencia técnica crítica a principios de esta semana y ahora se encuentra frente a un nivel de soporte de...
Web3 developer growth hits an all-time high as ecosystem matures
“Web3” may be one of the biggest buzzwords of 2022, but the idea of creating an entirely decentralized platform to host decentralized...
SoftBank Leads $60M Funding Round for B2B Payments Platform Tribal
Tribal Credit, a business-to-business payments and financing platform for emerging markets, has raised $60 million in a Series B funding...
GensoKishi Online Initiates First NFT Auction
PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of GensoKishi Online, which received the ‘Game of...
An Incumbent Enters the Disruption Game
Beyond the popularity of investing in digital assets, futurists envision blockchain technology as a disrupter poised to reshape the entire...
Bank of Russia Approves Atomyze as First Digital Asset Issuer
Bank of Russia announced on Thursday that Atomyze has become the first company in the country to be put on the central bank's list of...
Messari
Founded by Ryan Selkis in 2018, Messari provides crypto market intelligence products that help professionals navigate crypto/Web3. It...
Crypto Insurance Firm Evertas Wins Lloyd’s of London Approval
Evertas, an insurance platform focused on the cryptocurrency space, has been granted approval to call itself a Lloyd’s of London...
Bored Ape Yacht Club Creators in Funding Talks With Andreessen Horowitz: Report
Yuga Labs, the startup behind Bored Ape Yacht Club, is in talks with venture capital heavyweight Andreessen Horowitz (a16z) over a funding...
South African Regulator Urges Public to Be More Cautious When Dealing With FTX, Bybit
The Financial Sector Conduct Authority (FSCA) has warned the investing public to be cautious when trading on the cryptocurrency platforms...
Nintendo President Vague on Company's Metaverse Plan
The president of Nintendo says the games company will hold off on expanding into the metaverse until it can be sure that the medium will...
Central Bank Preview: ECB, BOE Have Scant Leeway to Influence Bitcoin
The U.S. Federal Reserve has emerged as one of the most influential entities in the bitcoin market in the wake of the coronavirus...
GameStop Taps Immutable X for NFT Marketplace, Launches $100M Gaming Fund
After tipping off its plans for the metaverse in a Web 3 job posting last October, GameStop is partnering with Immutable X for the launch...
Electricity Consumption in Siberian Region Rises Fourfold Due to Crypto Mining
The electricity consumption in Russia's Irkutsk region rose fourfold in 2021 due to grey mining, as the government ponders new crypto...
Bitcoin Turns Lower From Bearish Trendline; Support at $35.5K
Bitcoin failed to penetrate critical technical resistance earlier this week and is now staring at a support level of $35,500.Prices...
Long-Term Buyers Unfazed by Bitcoin's Recent Drop to $33K
Long-term bitcoin holders were unfazed by the cryptocurrency's drop in the last few months.Prices for bitcoin fell to as low as $33,100 in...
6 Top Cryptocurrencies You Can Stake: An In-Depth Guide
Despite the crypto market’s wild volatility, holding cryptocurrency long term has proven to be an effective trading strategy when it comes...
Sports NFTs: How To Get in the Game
If you’re an avid sports fan, cryptocurrency is rarely out of reach. Look around you: After deals worth hundreds of millions of dollars...
Market highlights February 3: Cryptos in the red, Alphabet tops SPX500 on strong earnings
The crypto markets were in the red this morning, with the majority of the top 10 cryptos registering losses over the past 24 hours. Google...
Russia's Minister of Finance Suggests Letting Banks Sell Crypto: Report
Russian Minister of Finance Anton Siluanov reiterated the ministry's stance on regulating rather than banning crypto, and suggested...
Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report
Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A...
LABEL Foundation Looks to Revolutionise the Entertainment Industry in the Era of Web 3.0
PRESS RELEASE. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on...
Solana price drops by 9%: all you need to know about the Wormhole Bridge hack
Solana's price has taken a hit again after attempting to correct the recent drop. This time the price is dropping after a bridge between...
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
The Internal Revenue Service (IRS) offered a Tennessee couple a refund on income taxes paid for unsold staking rewards as part of what...
No end to Quant’s rally in sight: top places to buy Quant now
Quant was the biggest winner in the top 100 biggest coins by market cap yesterday. Today, its rally continues. It has added a third to its...
Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise
The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s...
Solana's SOL Tumbles 10% After $326M Wormhole Exploit
Prices of Solana’s SOL token dipped below the $100 mark after attackers took advantage of an exploit on Wormhole, a popular bridge between...
You can now buy OOKI, which gained 85% today: here’s where
OOKI is surging on news of a Binance listing among others. Look no farther than this article if you want to know what OOKI is, whether...
Strike is up 51% in 24 hours: here’s where to buy Strike now
The live Strike price today is almost $44 with a 24-hour trading volume of just under $800 million. Strike is up 51.11% in the last 24...
Silvergate Capital Purchases Diem Operations to Develop Own Stablecoin
Silvergate Capital, an investment firm that is the parent company of the Silvergate Bank, acquired the technology and assets of Diem, the...
China Designates 15 National Pilot Zones and 164 Entities for Blockchain Projects
The Chinese government has established 15 pilot zones and 164 entities for blockchain projects. “Projects will be carried out in...
Texas Crypto Miners Shuttering Operations as Winter Storm Approaches
A number of crypto miners in Texas are already shutting down some or all their operations, as the region awaits an Arctic blast that is...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did...
Bitcoin price dips below $37K as a descending channel pattern comes back into play
The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from...
Wormhole token bridge loses $321M in largest hack so far in 2022
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the...