Quick Look
First Mover Asia: Crypto Prices Rise With Investors' Appetite for Risk
Good morning. Here’s what’s happening:Market moves: Bitcoin opened February higher; China’s crypto community remains active after...
Solana rose more than 10% on the day as traders target a $120 resistance level
Solana's price is bullish after finding support at $81. SOL/USD is presently trading at $108.5 The next resistance level is at $120...
Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of...
Cosmos (ATOM) shows signs of bullish reversal – What do other indicators show?
Cosmos (ATOM) has largely outperformed the entire crypto market. The coin did however come under serious selling pressure over the last...
FTX exchange is now a $32 billion company – How does it compare with other platforms
Despite the bearish sentiment in crypto over the last few weeks, there have been a few important moves behind the scenes. The FTX exchange...
Ripple (XRP) starts massive consolidation in price – Is a 20% upward surge in the cards?
Like many other major cryptocurrencies in the market, Ripple (XRP) is recovering. The token has in fact started to consolidate around a...
Crypto.com (CRO) bullish uptrend is now slowing down – How far can it fall?
Over the last few days or so, Crypto.com (CRO) has seen quite some uptrend, recovering sharply from the January lows. Although...
Dogecoin (DOGE) looks poised to surge 15% in the near term – Here is why
Meme coin Dogecoin (DOGE) has surprisingly shown a lack of volatility in recent days. Despite this, the coin is seeing some decent gains....
Bitcoin price closes in on $40K, but pro traders are still skeptical
The Bitcoin (BTC) daily price chart seems to be making a steady recovery pattern, but some concerning indicators are coming from...
PayPal Shares Slump as Revenue Growth Slows
Shares of PayPal (PYPL) fell more than 16% after the payments giant reported Q4 earnings that just missed analyst estimates and a slowdown...
Shiba Inu (SHIB) can actually reach $1 – But here is what needs to be done first
There is no doubt that Shiba Inu (SHIB) was the biggest meme coin of 2021. The so-called Dogecoin killer went on to make so many people...
Geeking out With RPGs and NFTs: AdaQuest to Hold a Public Sale on KICK․IO
PRESS RELEASE. It is surprising how many NFT enthusiasts are also into role-playing games. In retrospect, it was only really a matter of...
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
MicroStrategy (MSTR) reported a non-cash digital asset impairment charge of $146.6 million in the fourth quarter, up from $65.2 million in...
Market Wrap: Cryptos Stabilize, Analysts Expect Bitcoin Short Squeeze
Cryptocurrencies are starting to stabilize after falling in January, and some analysts expect prices to recover this month, especially as...
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to...
Bullish or Bearish? 2022 Markets Started Rough, but It Wasn't Just Crypto
This episode is sponsored by Nexo, Arculus and FTX US.Download this episodeToday on “The Breakdown,” NLW looks at what the first...
With ‘NFT All Stars,’ Two Crypto Art Veterans Take the Conversation Further
Today, CoinDesk launches “NFT All Stars,” a new animated series and podcast spotlighting some of the most influential artists and thinkers...
El Salvador Using Crypto Software Firm AlphaPoint to Fix Chivo Wallet Problems
El Salvador has been using technology from crypto software firm AlphaPoint to fix a series of problems that have plagued its state-run,...
What ‘Line Goes Up’ Gets Wrong (and Right) About NFTs
Dan Olson, the Canadian videographer behind the “Folding Ideas” YouTube channel, has an important message for the world: NFTs are all...
Jack Dorsey Touts Bitcoin's Virtues at MicroStrategy Conference
In his first live public appearance since exiting the Twitter CEO role to focus on running Block, Jack Dorsey reiterated his belief in the...
First cross-chain governance proposal passes on Aave
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave....
Bitcoin Rangebound Near Support; Resistance at $40K-$43K
Bitcoin (BTC) is holding support above $37,000, albeit within a narrow trading range. The cryptocurrency is roughly flat over the past 24...
$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address
$3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23...
NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive
In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot...
Technical Analysis: Solana Surges 15%, as Loopring Price Declines
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets...
Coachella Music Festival to Launch Solana NFTs in Deal With FTX
The Coachella Valley Music & Arts Festival, set to return this April after a two-year hiatus, has announced a series of NFTs...
GARI Token making waves in India: Here’s why Garicoin is up 100% in the past week
GARI airdrop as the Chingari app is also set to integrate the GARI token on 5 February. Social app Chingari is making it easy for creators...
Why India Isn’t Buying NFTs (Yet)
2022 is expected to be the year of non-fungible tokens (NFTs). At $40 billion, the global market capitalization for NFTs is inching closer...
Diem May be Gone, but Its Legacy Lives On
The Diem Association will wind down its operations in the coming weeks after selling its assets to Silvergate Bank. It's time to revisit...
Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called...
Alexis Ohanian’s VC Firm to Focus on Crypto With $500M Capital Raise: Report
Reddit co-founder Alexis Ohanian’s venture firm 776 Management plans to double down on crypto in the coming year, having raised $500...
New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items...
Tom Brady Retires to Focus on Family, NFT Startup
NFL quarterback and NFT startup founder Tom Brady officially announced his retirement Tuesday, saying he planned to spend more time with...
PsyOptions Acquires Tap Finance for Undisclosed Sum
Solana-based options trading platform PsyOptions has acquired Tap Finance in a bid to add structured investment products to its...
Crypto News Roundup for Feb. 1, 2022
This episode is sponsored by Kava.Today's Stories:SOL Surges 17% After Coinbase Lists Two Solana Ecosystem TokensBitcoin Steady Near...
Astra Protocol guarantees identity protection to The Sandbox users
Astra Protocol, a cutting-edge legal and compliance layer that brings unmatched assurance to public blockchains, announced that it has set...
How a game engine for DeFi could facilitate accelerated development
The beating heart of any ecosystem of decentralized applications, DApps, is its underlying technology stack. For Ethereum (ETH), this is...
Hester Peirce Warns Proposed SEC Reform of Securities Trading Platforms Could Threaten DeFi
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has warned that plans by the agency to reform government...
Meta joins patent alliance, pledges free crypto patents for all
The Crypto Open Patent Alliance (COPA) has welcomed Meta as a member, with the social media giants vowing to make its core crypto patents...
Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high
Bitcoin (BTC) jumping to $39,000 has already activated large-volume investors this week, the latest data shows. Analyzing whale behavior,...
ConsenSys Acquires Ethereum Wallet MyCrypto, Plans to Merge It With MetaMask
ConsenSys has announced the acquisition of Ethereum wallet MyCrypto for undisclosed terms. MyCrypto will eventually merge with ConsenSys’...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister,...
Can Ethereum price reach $4K after a triple-support bounce?
Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup...
Crypto Trading Terminal Aurox Plans to Go Public in 2022
Aurox, a cryptocurrency trading terminal that places orders and matches them across multiple exchanges, intends to go public later this...
MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M
Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051...
NYDIG Launches Service for Workers to Get Paid in Bitcoin
NYDIG has launched an employee benefit program allowing workers to convert a percentage of each paycheck into bitcoin.Employees enrolled...
Wonderland Founder: ‘I’m Here to Fix This and Make It All Back’
The founder of a popular DeFi protocol is promising to make users whole after a scandal-ridden price implosion, but the path to achieving...
Bitcoin, Ethereum Technical Analysis: Ethereum Surges 10% to Start February
Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close...
Global VC Funding for Blockchain Firms Surged to Record $25B in 2021: CB Insights
Venture capital funding for blockchain startups reached $25.2 billion last year, up 713% from $3.1 billion in 2020, according to CB...
6 altcoins to watch for a buying opportunity including XRP, UNI, and AAVE: Santiment
XRP was last positive in mid-December, Santiment says as they predict a potential upswing for the cryptocurrency. The MVRV ratios for...
Launch House Raises $12M Series A for New Age Hacker Houses
Launch House, a revamped version of the Silicon Valley hacker house, closed a $12 million Series A round led by Andreessen Horowitz...
‘Pay’ Product Looks to Boost Stablecoin Payments on Solana
Cryptocurrency’s original use-case – payments – are getting a boost on the Solana blockchain.New software co-developed by Solana Labs...
Litecoin’s bullish trend gathers momentum after the Mimblewimble upgrade.
Litecoin has started the month with a surge. The token has jumped and it is still green. At the time of writing, it was up 5.44% according...
Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance
In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the...
MicroStrategy Buys Additional $25M Worth of Bitcoin During Market Dip
MicroStrategy (Nasdaq: MSTR), the business-intelligence software company that’s taken to accumulating bitcoin, said it bought...
Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American...
Address Linked to Wonderland's Sifu Cashes Out $2.8M Worth of Ether
The pseudonymous treasurer of Wonderland and co-founder of crypto exchange QuadrigaCX, known as Sifu, started laundering his funds through...
India to impose 30% tax on crypto income, CBDC in 2022-2023
The 30% tax is the highest income tax bracket in India India will also launch its digital rupee in the financial year 2022-2023, the...
Central Bank of Jordan Exploring the Possibility of Launching a CBDC
The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital...
India to introduce 30% crypto tax, digital rupee CBDC by 2022-23
In a speech discussing the budget for 2022, Indian finance minister Nirmala Sitharaman announced the launch of a central bank digital...
Bitcoin market cap dominance hits 2-month high as altcoins struggle
Bitcoin (BTC) is retaking market share from altcoins after its market capitalization dominance hit its highest since November 2021 last...
$2.5B in stolen BTC from Bitfinex hack awakens
A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet...
Market highlights February 1: Cryptos register gains, all major US indices surge
The crypto markets were in the green this morning, with the majority of top 10 cryptos registering gains over the past 24 hours. All three...
Crypto Unicorn Amber Group Acquires Japanese Exchange DeCurret Inc.
Hong Kong unicorn Amber Group acquired DeCurret Inc., a licensed crypto exchange operator in Japan, from DeCurret Holdings for an...
You can now buy CHEDDA, the biggest winner of the day: here’s where
CHEDDA is a decentralized culture token created on the Ethereum blockchain as an ERC20 token. It began to surge on news of an...
Circle Launches USDC on Flow Blockchain
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow...
Suku pumping on news of a Binance listing, gained 59% today: best places to buy Suku
The live SUKU price today is $0.49 with a 24-hour trading volume of $66.3 million. SUKU is up 59% in the last 24 hours, surging on news of...
Metaverse NFT coin SWAK shoots up 142%: here is the reason why
SWAK's price is currently skyrocketing. It has jumped 142.82% today hitting a daily high of $0.0001298 and a daily low of $0.00004998 in...
Institutional Crypto Services Firm BCB Group Acquires Digital Asset Shop LAB577
BCB Group, a cryptocurrency trading and payments services firm aimed at institutions, has acquired LAB577, a blockchain and digital assets...
Orca is up 27% today and counting: here’s where to buy Orca now
Orca is trading for $3.83 at the time of writing. It has been soaring since a recent listing on Kraken. What’s more, inbound...
GameFi Faces Regulatory Headwinds in Major Asian Markets
In the first few weeks of the year, a considerable amount of capital was allocated to investment pools looking for the next big thing in...
Hackers Move $383M Worth of Bitcoin From 2016 Bitfinex Hack
Large amounts of bitcoin stolen from the cryptocurrency exchange Bitfinex six years ago were moved by hackers early on Tuesday.According...
India to Levy 30% Tax on Crypto Income, CBDC Launch in 2022-23
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the...
Binance Announces SAFU Fund Has Reached $1 Billion
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym...
Bitcoin Network Transaction Volume Surpasses American Express: Research
New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as...
Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16’s Typhoon Odette in the Philippines, with...
SOL Surges 17% After Coinbase Lists Two Solana Ecosystem Tokens
Solana’s SOL jumped 17% in the past 24 hours to regain the $100 and above level after Coinbase listed two other tokens of the Solana...
GensoKishi Online’s MV (Metaverse) Token to Be Listed on QuickSwap (DEX)
PRESS RELEASE. GensoKishi is pleased to announce that the MV (Metaverse) token has been listed on QuickSwap (a decentralized exchange) at...
Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program
Bitcoin prices were steady during early Tuesday after the Reserve Bank of Australia (RBA) terminated the liquidity-boosting bond purchase...
Solana’s Phantom Raises $109 Million in a Series B Fundraise Obtaining Unicorn Status
On Monday, the team behind the Solana Web3 wallet platform Phantom announced it had raised $109 million in a Series B fundraise. The...
The Ups and Downs of Crypto Loans
On this episode of Speaking of Bitcoin, join hosts Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy and Jonathan Mohan for a...
Deloitte: 82% of Indians Surveyed Plan to Invest in Crypto Once Government Provides Regulatory Clarity
A recent survey by Deloitte shows that 82% of Indians plan to invest in cryptocurrency when the government provides more clarity...
Anchorage Closes in on FDIC Crypto Custodian Deal, Documents Show
Digital assets are growing more commonplace on the balance sheet of banks in the U.S. Eventually one of these institutions may fail, and...
2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000
Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully...
Crypto Twitter’s Misdirected Furor Didn’t Fix the Travel Rule
Hardware wallet maker Trezor announced last Thursday it had adopted software that makes it easier for Switzerland residents to withdraw...
US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media...
First Mover Asia: Crypto Finishes Bad Month on High Note
Good morning. Here’s what’s happening:Market moves: Bitcoin ended a bad January on a positive note; DeFi trading volume grew...
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about...
Cosmos tries to find support at $26 after a 45% drop in two weeks
Cosmos dropped 45% over the last two weeks. Price found support at the $26 mark. Cosmos (ATOM/USD) is a project meant to solve...
TVL, network outages, or derivatives: What’s behind Solana’s (SOL) 60%+ drop?
The past couple of months have not been kind to cryptocurrencies. The sector’s aggregate market capitalization plunged 50% from a...