Quick Look
Things to know (and fear) about new IRS crypto tax reporting
The Infrastructure Investment and Jobs Act (H.R. 3684) put crypto in the crosshairs, where Congress and the Internal Revenue Service (IRS)...
Crypto Flash Crash Prompts El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday...
Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high
Ethereum’s native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it...
Gold, Bitcoin or DeFi: How can investors hedge against inflation?
Bitcoin (BTC) was created in the aftermath of the 2008 financial crisis and planned to solve the problems created by loose monetary...
Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days
A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At...
MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG
PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3...
Goldman Looking Into Bitcoin-Backed Lending as Jobs Report Disappoints
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown Weekly Recap,” NLW covers:The latest jobs report...
Terra Tokenomics Lead to Market Surge, Bitcoin Reserve Hinted
The recent movements in the treasury of Terra, a decentralized financial payment network, which is now burning more than $4 billion worth...
2021 ends with a question: Are NFTs here to stay?
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging...
Without staking, institutional crypto investors cannot escape inflation
By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0,...
ECB Paper Marks Success Factors for CBDCs, Digital Euro
A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital...
Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K
Bitcoin (BTC) traded near $47,000 on Dec. 4 after a sudden crash confirmed bulls’ worst nightmares with 22% daily losses. BTC/USD...
Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues
A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum...
Binance Names Three Nigerian Reality TV Show Celebrities as African Ambassadors
Binance has named three former housemates from the popular Nigerian reality television show “Big Brother Naija” as the...
Bitcoin tumbles below $47K wiping out October gains — Bear market begins?
Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day...
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
Salvadoran president Nayib Bukele announced the purchase of 150 BTC as the market price momentarily slipped below $50,000 after losing...
Bitcoin Drops $9K in an Hour
The price of bitcoin plummeted early Saturday, falling nearly $10,000 in roughly an hour to a temporary low of $42,000 before bouncing up...
FBI Seizes Bitcoin Worth More Than $2.2 Million From Ransomware Affiliate
The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency...
British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes
The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT)...
Got crypto? Here are 3 software wallets for storage, staking and swapping
Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be...
Traders say ATOM could eventually do an AVAX-like surge to $100
Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a...
Money at the Speed of Thought: How ‘Fast Money’ Will Shape the Future
Around 2008, an ambitious startup decided to dig a tunnel from Chicago to New York. It would be an arduous and expensive task, with a...
Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns
Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for...
Communing With the Metaverse
This episode is sponsored by Quantstamp, Nexo.io and KuCoin.This week’s “Money Reimagined” podcast comes to you from Miami, where the...
CoinDesk 20 Update: ATOM, ICP and SOL Are In; AAVE, GRT and UNI Are Out
Cosmos’ Atom, Solana’s native currency and Internet Computer (formerly Dfinity) all entered the CoinDesk 20 in this quarter’s...
Security Focused DeFi Project EverRise Now Live on 3 Blockchains, Staking Introduced
Originally launched on June 15th, 2021, EverRise is a blockchain technology company that offers bridging and security solutions across...
Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether
Cryptocurrencies were mostly lower on Friday aside from a few standouts such as Terra’s LUNA token, which was up about 9% over the past 24...
Blockchain.com prepara el lanzamiento de un marketplace de NFTs
El exchange de criptomonedas y proveedor de billeteras digitales Blockchain.com está desarrollando un marketplace para tokens no fungibles...
BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days
During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in...
JPMorgan Gave Away NFTs at an Event This Week. One Is Now Listed for 420 ETH
JPMorgan has taken a dive straight into non-fungible tokens (NFTs).The megabank gave away the NFTs to attendees of its first “Crypto...
Miami’s Multiple Money Visions
The excellent collection of essays compiled for CoinDesk’s Future of Money Week began with a perfect summation of where money is going by...
Finance Redefined: Two DeFi hacks top $120M, and $500M Algo Fund launches, Nov. 26–Dec. 3
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. A week packed with positive advancements in the DeFi...
Analyst says Bitcoin is ‘on sale’ after BTC price dips below $54,000
Bitcoin’s (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the...
Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on...
Universal Stablecoins, the End of Cash and CBDCs: 5 Predictions for the Future of Money
With the rise of bitcoin, stablecoins, and decentralized finance, the last 10 years have been an incredibly crazy time for those of us who...
20 Predictions About the Future of Money
This episode is sponsored by NYDIG.Download this episodeAs part of CoinDesk’s Future of Money week, they asked some of crypto’s biggest...
Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer
The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces...
Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack
Crypto lender Celsius Network confirmed that the company has lost money from the latest decentralized finance (DeFi) hack on BadgerDAO, a...
Bitcoin Drops Below $56K as Momentum Slows; Support Around $53K
Bitcoin (BTC) sellers were active on Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support near...
CBDCs for the People? Where the Current State of Digital Currency Research Leads
While much attention focuses on the retail central bank digital currency (CBDC) ruminations of China, Europe and the United States,...
Are NFTs Taking Over the Art Market? Notes from Art Basel Miami Beach
This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking about Art Basel Miami Beach, the annual...
Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs
Ross Ulbricht, the founder of Silk Road online marketplace that hosted everything from children’s books to ketamine, is selling a...
US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency
The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital...
The Big Miss in the Biden Administration’s Stablecoin Report
With due respect to Jamie Lee Curtis, Eddie Murphy and Dan Aykroyd, the best piece of cinema ever made about financial markets is not...
Capitalism Misallocates Resources. Web 3 Tech Can Help
Look at a map of Africa. It’s no miracle that so many of the borders are straight lines, and it’s no coincidence that these random...
Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds
Charlie Munger, the vice chairman of Warren Buffett-owned investment conglomerate Berkshire Hathaway, believes China made the correct...
Anthony Scaramucci on SkyBridge Capital’s heavy crypto exposure
SkyBridge’s heavy exposure to crypto comes amid increased institutional interest The firm has about $9 billion in assets, with...
Getting Different Crypto Ecosystems to Work Together
Diverse pain points (both small and large) remain within the ever-changing blockchain space while new ones appear every day. Generally,...
Aave’s Push for Institutional DeFi Gets Second KYC Provider Proposal
Securitize, a technology provider for issuing tokenized securities, is bringing its system of identity verification to decentralized...
India’s Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report
India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating...
Crypto lending firm Celsius reportedly affected in BadgerDAO exploit
Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol...
Crypto community responds to Charlie Munger yelling at Bitcoin again
As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community quickly...
Marathon Digital’s Bitcoin Production Fell in November as Maintenance Work Cut Capacity
Bitcoin miner Marathon Digital Holdings produced 196 bitcoins in November, down from 417.7 in October, as maintenance and upgrades to its...
Ritholtz, WisdomTree Launch Crypto Index for Investment Advisors
Ritholtz Wealth Management and WisdomTree Investments are launching the RWM WisdomTree Crypto Index to give retail investors easier access...
Russia’s Telecom Watchdog Roskomnadzor Targets Another 6 VPN Providers
Roskomnadzor, the government body responsible for oversight of communications in Russia, is taking steps to block six more VPN providers....
Flipkart Co-Founder-Backed Navi Mutual Fund Files for Blockchain Fund in India
Navi Mutual Fund, which is backed by Flipkart co-founder Sachin Bansal, summited a draft filing with Indian market regulator Securities...
Russia to Decide Fate of Crypto Exchangers in 2022
Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking...
Blockchain.com to Introduce NFT Marketplace as Interest Booms
Crypto exchange and wallet provider Blockchain.com is developing a marketplace for non-fungible tokens (NFTs).The Luxembourg-headquartered...
Market highlights December 3: Cardano recovers, Cosmos gains 18%, oil drops
The crypto market was mixed over the past 24 hours. Markets were reassured after President Joe Biden said the Omicron variant would not...
Introducing BEAM, today’s unexpected winner and confidential DeFi platform token: here’s where to buy BEAM
The live Beam price today is just under $0.80 with a 24-hour trading volume of $181 million. Beam is up almost 31% in the last 24 hours....
Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data
Bitcoin continues to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of...
Cardano gaining again, up 5% today: Where to buy Cardano
After an extensive period of losses culminating in expulsion from the top 5 cryptocurrencies by market cap, Cardano is back in business....
GXChain keeps gaining, up 600% in a day: here’s where to buy GXChain now
After GxChain 2.0 pumped the price of GxChain, there has been no end to its gains. It is trading for $4.44 today with a 24-hour trading...
Introducing POOCOIN, a surprisingly stable BSC token: Where to buy POOCOIN
Poocoin peaked at over $8 in May this year, followed by a dramatic drop. However, it’s been surprisingly stable since, trading at...
Marathon Expands Miner Deployment Deal With Compute North, Aims to Power 100K+ Miners With Renewables
Marathon Digital Holdings, a Nasdaq-listed bitcoin mining-based company, has announced a new deal with Compute North, a data center...
Cosmos is up 16% in the last 24 hours: Here’s where to buy Cosmos now
The live Cosmos (ATOM) price today is $30.71 with a 24-hour trading volume of $747.9 million. Cosmos is up 15.94% in the last 24 hours. If...
Empire Token on the Rise: Empire NFT Marketplace Now Supports Ethereum; Plans to Expand to Solana and Major Exchange Listing
PRESS RELEASE. Abu Dhabi, UAE – Empire Token’s flagship utility, the Empire NFT Marketplace, is now live on the Ethereum...
Ethereum ‘about to go parabolic’ against Bitcoin as analysts weigh BTC bear case
Ethereum’s Ether token (ETH) is due to launch a “parabolic” attack on BTC to beat all-time highs, one analyst believes. 2-week...
Korean Incubator Hashed Raises $200 Million for Web 3.0 Investments
Hashed, a Korean blockchain VC firm, has announced the launch of Hashed Venture Fund II, a new fund that will focus on investing in Web...
Renowned Poker Star Doug Polk Becomes Coinflex’s First Global Brand Ambassador
PRESS RELEASE. On the back of a big year for CoinFLEX, the crypto derivatives exchange that now powers the Bitcoin.com exchange, has just...
Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the...
5 year study looks at if token rewards can improve HIV patient outcomes in Africa
A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be...
South Korea Delays Plans to Tax Crypto to 2023
South Korean legislators delayed plans to tax virtual assets until 2023 at Thursday’s plenary session, CoinDesk Korea reported.The...
‘Wolf of Wall Street’ Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies
Jordan Belfort, the former stockbroker whose memoir was made into a film starring Leonardo DiCaprio, has warned about investing in meme...
Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and...
Senator Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint
U.S. Senator Elizabeth Warren (D-Mass.) questioned the environmental footprint of Greenidge Generation’s (GREE) bitcoin mining operation...
5 year study: Can token rewards improve HIV patient outcomes in Africa?
A groundbreaking five-year study into whether crypto token incentives can improve health outcomes for patients with HIV/AIDS will be...
Meta Relaxes Facebook’s Cryptocurrency Ad Policy — Says Crypto Continues to ‘Mature and Stabilize’
Meta, formerly Facebook, has relaxed its policy for cryptocurrency advertisements, making it easier for companies to run crypto ads on its...
Shanghai Man: CZ is wealthiest Chinese person with $90B, NFT yachts, and MonoX hacked
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including...
Bitcoin Miner TeraWulf Raises $200M in Debt and Equity
TeraWulf – an environmental, social and governance-focused bitcoin mining company – raised $200 million in debt and equity financing from...
First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K
Good morning. Here’s what’s happening this morning:Market moves: Bitcoin moved little, while the “tether premium” dropped as Huobi’s...
Michael Saylor Calls Bitcoin the World’s Reserve Asset but Not so Good for Buying a Cup of Coffee
Michael Saylor, the billionaire founder of business intelligence company turned bitcoin hot stock MicroStrategy, thinks bitcoin is the...
Riot Blockchain Raises 2022 Hashrate Guidance for Second Time in a Month
One of the largest bitcoin miners, Riot Blockchain (RIOT), raised its 2022 guidance for its mining power to 9.0 exahash per second (EH/s)...
Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial
Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in...
Regulatory fears put a damper on Ethereum traders’ $5,000 target
This week Ether (ETH) price came within 2% of its all-time high, and on Dec. 2 the altcoin reached its highest price in Bitcoin (BTC)...
Victory is for the taking in Friday’s $950M Bitcoin options expiry
Bitcoin (BTC) price is down this week, and naturally, bears will always find some reversal signal whenever the price shows strength, such...
WazirX, Presearch and Komodo rally after data shows a surge in user activity
The characteristically volatile nature of the cryptocurrency market is back in full force on Dec. 2 after the optimism of the past couple...
Gaimin․io Developed a PC-Based Platform to Create a Global, Decentralized Data Processing Network
UK and Swiss based gaming and blockchain company, GAIMIN.IO Ltd has developed a PC-based platform to create a global, decentralised data...
Crypto Investment Firm Maven 11 Capital Closes $120M Fund
Blockchain and digital asset investment firm Maven 11 Capital has closed a $120 million fund, its second crypto-focused fund. The fund...
Market Wrap: Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism
Bitcoin continued to trade in a tight range on Thursday and is roughly flat over the past 24 hours. Some analysts are concerned that...