Quick Look
Weekly Report: Coinbase completes major deals outside the blockchain space
On Tuesday, ProShares’ Bitcoin Strategy Exchange Traded Fund (ETF) – the first-ever in the US – launched, trading under...
Valkyrie Bitcoin Futures ETF Starts Trading, Joining Fray
Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) started trading early Friday, after winning the blessing of the U.S....
Walmart partners with Coinstar for its Bitcoin ATM pilot program
US multinational retail corporation Walmart recently rolled out a Bitcoin ATM trial with hopes to implement the project on a large scale...
Payments Firm XanPool Raises $27M in Funding Round Led by Valar Ventures
Hong Kong based payments infrastructure firm XanPool has raised $27 million in a Series A funding round led by Peter Thiel’s Valar...
These 10 Stocks With Digital Asset Exposure Have Bullish Charts, BofA Says
Bank of America (BofA) highlighted ten bullish charts for stocks with digital asset exposure, according to a research note today.The...
Night Life Crypto Integrates With Polygon and Launches NFT Sale
PRESS RELEASE. Night Life Crypto (NLIFE), the first platform to bring AAA style titles to blockchain games, is proud to announce an...
Crypto as a “public good” in the 22nd century
It’s been said that “Blockchain technology is not as decentralized as we think” and that critical decisions are made, not democratically,...
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term...
Almost $7M in Bitcoin Held by Colonial Pipeline Attacker Is on the Move
Bitcoin now worth nearly $7 million held by the DarkSide ransomware group involved in the Colonial Pipeline attack in May is on the move,...
Bitcoin, Ethereum and Chainlink price analysis
BTC and ETH both reached new all-time highs this week, with Chainlink’s LINK looking to build on recent gains and could see a period...
CME Becomes Largest Bitcoin Futures Exchange as BITO Nears Position Limits
The Chicago Mercantile Exchange (CME) has replaced Binance as the world’s biggest bitcoin futures platform, thanks to the strong investor...
Greenidge Generation Holdings to Expand, Acquire Sites in Texas, South Carolina
Bitcoin mining company Greenidge Generation is eyeing expansion into two new sites in Texas and South Carolina.The Nasdaq-listed firm...
SEC helped Ether Surpass XRP, Ripple CEO
Ripple CEO Brad Garlinghouse has said that Ether (ETH) overtook the company's XRP token by market capitalisation because of the US...
Cryptoeats Disappears After Raising £500K From Token Sale
Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative,...
Bitcoin extends correction as Ethereum sees ‘picture perfect’ rejection at all-time highs
Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs. BTC/USD...
Spanish Banks Are Preparing to Offer Crypto Services: Report
Banks in Spain are getting ready to offer crypto services to their clients, but are being frustrated by the lack of clarity from their...
Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
Kazakhstan’s Ministry of Energy plans to limit the electricity consumption of the the nation’s crypto-mining industry to a total of 100...
Robinhood’s crypto wallet waitlist has surpassed 1 million
Robinhood has over 1 million customers on the waitlist for its crypto wallet, with the milestone hit just a month after the trading app...
Spanish Banks Interested in Offering Crypto Assets to Their Customers
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the...
Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests
Bitcoin has risen over 40% this month, reaching a new record price of $66,879 on expectations that the recently listed ProShares...
India’s Securities Regulator Warns Advisers Against Dealing in Unregulated Assets
The Securities and Exchange Board of India (SEBI), the country’s top securities regulator, issued a notice to advisers on Thursday warning...
Major DeFi founders back play-to-earn game that hopes to be next Flappy Bird
A new play-to-earn (P2E) blockchain game that hopes to emulate the addictive success of 2013 mobile phenomenon Flappy Bird has drawn...
That Tungsten Company is Auctioning Its largest-ever cube as an NFT
A key manufacturer feeding crypto’s twitter’s tungsten craze is auctioning off an NFT tied to the largest tungsten cube it’s ever made.The...
Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the...
Next-Generation Cryptocurrency LTNM to List on FMFW.Io Exchange (Formerly Bitcoin.com Exchange)
PRESS RELEASE. Palo Alto, October 18, 2021 – LTNM, the next generation insured asset-backed cryptocurrency, continues to gain...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The...
Traders Are ‘Apeing’ Into a Sam Altman Crypto Lookalike, Driving Prices 68% in 24 Hours
Cryptocurrency traders are inadvertently pumping the price of a little-known altcoin they believe belongs to a project conceived by Sam...
Pakistan High Court Grants Commission to Weigh Crypto Legality in Sindh Province
A high court in Pakistan has approved a committee to explore whether cryptocurrencies are advisable under the country’s legal system,...
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading...
Shanghai Man: Blockchain Week with Vitalik still happening, ‘Bitcoin’ searches on WeChat hit 26M in a day
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including...
Bulls fight to keep Ethereum price above $4K ahead of Friday’s $435M options expiry
Ether (ETH) flirted with its $4,380 all-time high on Oct. 21 but failed to breach it by a few dollars. Some analysts, including...
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The...
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio
The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether....
Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says
This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (stock ticker BITO) may have aided the cryptocurrency’s recent...
Traders brace for a drop to $58K if Bitcoin price loses the $62K support
Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the...
Robinhood’s Waitlist for Crypto Wallet Has More Than 1M Customers: Report
The waitlist for Robinhood’s crypto wallet is now more than one million customers long, Robinhood CEO Vlad Tenev said at CNBC’s Disruptor...
Fintech App Current Taps Coinbase’s Bison Trails to Support Polkadot DeFi Plans
Fintech company Current is one step closer to bringing decentralized finance (DeFi) features to its 3 million users.The firm said Thursday...
Lassoing a Stallion: How Gensler Could Approach DeFi Enforcement
Earlier this week, we considered the challenges of creating viable long-term regulations for decentralized finance protocols. These...
Carbon Credit Token MCO2 Is Now Listed on Gemini – Learn About the Green Asset Set to Save the Planet
MCO2 is a carbon credit token traded by Moss.Earth. One MCO2 token is equivalent to one carbon credit. It is now possible to find this...
5 Legal Considerations When Dealing in NFTs
Recently, I’ve been getting a ton of inbound relating to non-fungible tokens, or NFTs.For those of you living under a rock, an NFT is an...
Walmart Has Quietly Begun Hosting Bitcoin ATMs
Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. locations.Shoppers can purchase...
What I Learned About Crypto Regulation From a Week in DC
WASHINGTON – Within a 36-hour period, the first bitcoin futures exchange-traded fund (ETF) began trading, the underlying cryptocurrency...
Is Crypto Really a Threat to Financial Stability?
It’s Policy Week here at CoinDesk!We’re diving deep into Washington, D.C., lobbying, DeFi regulation, how non-fungible tokens (NFT) could...
Rap Star Snoop Dogg Teams up With the Harlem Globetrotters in an NFT Sitcom
On October 20, the iconic rap star Snoop Dogg announced he’s participating in a non-fungible token (NFT) sitcom with the popular...
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically...
Diem responds to allegations from Senate Democrats
Diem has penned a response to the group of Senators that called out Facebook, asking the social networking company to shelve its Novi and...
Paul Tudor Jones: ‘Inflation … [Is] the Single Biggest Threat to Financial Markets and Society in General’
This episode is sponsored by NYDIG.Download this episodeLast year, Paul Tudor Jones wrote a paper called “The Great Monetary...
Animoca Brands and Galaxy Interactive close new funding rounds
Animoca's blockchain & digital entertainment spin-off Animoca Brands and Galaxy Digital's Interactive VC are the latest names to net...
Crypto remittances see adoption, but volatility may be a deal breaker
Cryptocurrency adoption has been growing for a number of reasons. In emerging markets, research suggests crypto remittances are a factor,...
Solana gains over 26% in two days — $250 SOL price target next?
Solana’s SOL coin rallied higher on Oct. 21 as traders shifted focus from Bitcoin (BTC) to the most promising altcoins. Notably, the price...
Bitcoin bulls set to net an $830M profit after Friday’s BTC options expiry
Two or three weeks ago, when Bitcoin (BTC) was trading below $52,000, a trader betting on $65,000 by Oct. 22 would have been considered...
How cross-chain games are giving users the first look at a metaverse
Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of...
Bitcoin Price Flash Crash on Binance.US Attributed to Trader Algorithm Bug
Bitcoin’s price briefly crashed 87% and then recovered within the span of a single minute early Thursday on Binance.US, in a fleeting but...
Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The...
In Defense of OCC Nominee Saule Omarova
There are many types of financial innovation. Some (ATM withdrawals) are more trustworthy than others (subprime mortgage-backed bonds)....
NFT Artist Brian Frye Wants You to Steal This Article
Brian Frye, a conceptual artist, film maker and law professor, encourages people to plagiarize everything he’s ever created or said.“I’m...
Bitcoin Tumbles to $63K in Quick Retreat From All-Time High
Bitcoin, the world’s largest cryptocurrency, suffered its biggest price pullback in almost a month, in a sharp retreat just a day after...
FATF to Publish Crypto AML Guidance Next Week
The Financial Action Task Force (FATF) will soon publish its revised guidance for cryptocurrency firms, President Marcus Pleyer said...
Bitcoin sheds 6% in battle for all-time high support amid falling funding rates
Bitcoin (BTC) briefly dipped below $63,000 later on Oct. 21 as a standard correction cooled the market. BTC/USD 1-hour candle chart...
Facebook, Square, PayPal and Others Told to Hand Over Payments Info to Consumer Finance Watchdog
Six tech giants, including Facebook, Square and PayPal, have been ordered to hand over information relating to payments to the U.S....
As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%
The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned....
GameFi Opens New Paths for Financial Inclusion
Widespread blockchain technology and cryptocurrency adoption are rapidly advancing blockchain-based gaming. GameFi is the term for the...
Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito
Mojito, a suite for creating non-fungible token (NFT) marketplaces, has received $20 million funding from Sotheby’s and Future Perfect...
Crypto News Roundup for Oct. 21, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Holds Above $66K, but Elevated Funding...
Worldcoin, Now Valued at $1B, Has Grand Plans to Get You to Gaze Into the Orb
Would you let a chrome, volleyball-sized sphere scan your retinas in exchange for crypto?That’s the interesting – and controversial...
Fanatics-Owned Candy Digital Raises $100M From Insight Partners, SoftBank
Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led...
AGM Receives Second Batch of Orders for ASIC Miners
AGM Group, a fintech software-service and hardware provider, said it received an order for 25,000 of its 100 terahash-per-second ASIC...
Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase
A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by bitcoin investment firm NYDIG.The...
Swedish Financial Watchdog Investigating Two Local Crypto Exchanges
Sweden’s Financial Supervisory Authority (FI) is investigating two local crypto firms, Safello and Goobit, according to an announcement on...
Associated Press Taps Chainlink for Elections, Sports Data
The Associated Press (AP), the 175-year-old news agency, will bring economic, sports and elections data to Chainlink, a system that...
Solana-Based DeFi Protocol Synchrony Raises $4.2M for Composable Indices
Synchrony, an on-chain asset management protocol built on the Solana blockchain, has raised $4.2 million in strategic funding to further...
Where to buy Dogelon Mars after falling 15% on Thursday
Dogelon Mars is an Ethereum-based crypto using the ERC-20 token standard. A number of very prominent tokens on the ETH network, such as...
SBF, The Weeknd Added to Board of Tom Brady’s NFT Platform
FTX’s Sam Bankman-Fried, whose exchange just hit a new valuation of $25 billion after a recent $420 million funding round, has been...
Ark Invest’s Cathie Wood hasn’t invested in the ProShares Bitcoin ETF
The investor said concerns about tax ramifications informed her decision to take time to understand the tax implications. Cathie Wood, an...
DraftKings Founders Back ‘Play-to-Earn’ Soccer Game With $3M Raise
A non-fungible token (NFT) game called MonkeyBall has raised $3 million as the latest experiment in the surging “play-to-earn” sector,...
Mt. Gox Bitcoin reimbursement proposal confirmed
Rehabilitation will commence in a month- around 20 November. over 850k Bitcoin was stolen from Mt.Gox in 2014 The long-running...
Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High
After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum,...
Andreessen Horowitz Invests in New Meta4 NFT Fund
Cryptocurrency investment firm Meta4 Fund Management said it is launching a new non-fungible tokens (NFT)-focused fund with lead...
Tether: Hindenburg Research’s $1M bounty is a ‘cynical’ stunt
Tether says the bounty program has no impact on Bitcoin as prices reach new highs. Tether has released a statement terming Hindenburg...
Crypto Market Cap Surges to New Record $2.7 Trillion
As bitcoin (BTC) rallied to an all time high of $66,000 on Wednesday, the market capitalization for all cryptocurrencies has pushed to a...
‘Bridge Szn’ Continues With $2M Raise for Stablecoin Connector Symbiosis
With the future of decentralized finance (DeFi) increasingly appearing to be multi-chain, the need to shuttle assets between networks has...
Bitcoin Futures ETFs Are Here. Is a Physical ETF Soon to Follow?
For many advisors, allocating to bitcoin for their clients is a difficult thing to do. Advisors are faced with a difficult decision: They...
How Does Crypto Fit Into a Passive Investment Strategy?
Until recently, there has been little that’s passive about cryptocurrency. From the get-go, buying bitcoin or alternative coins (altcoins)...
You can now buy a Bitcoin ETF: here is where to do it
The first-ever Bitcoin exchange traded fund (ETF), offered by ProShares, launched on Tuesday this week. It is trading under the ticker...
Crypto Miner Hut 8 Buys 12,000 New MicroBT Miners for $58.7M
Canadian crypto miner Hut 8 Mining (Nasdaq: HUT) has bought 12,000 new MicroBT M30S, M30S+ and M30S++ miners from Inchigle Technology Hong...
FTX Raises $420,690,000
FTX has memed itself into another massive funding round.Sam Bankman-Fried’s Bahamas-based crypto exchange said Wednesday it had raised...
Nigerian Agency Refuses Blockchain Start-Up Application — Says Tech Not Recognized by Government
Nigeria’s company registration agency, the Corporate Affairs Commission (CAC), reportedly rejected an application for registration...
Asset Manager Pimco to Extend Crypto Involvement: Report
Investment behemoth Pimco, which has over $2.2 trillion in assets under management, has dabbled in cryptocurrencies and plans to invest...
Where to buy GARI coin: a new crypto backed by Bollywood’s Salman Khan
Chingari, an Indian short video sharing application, introduced its first-ever crypto-token, known as Gari coin. The token was launched by...
Bitcoin holds Above $66K, But Elevated Funding Rates Call for Caution
Bitcoin remains on the offensive, thanks to ProShares Bitcoin Strategy ETF’s strong debut on the New York Stock Exchange earlier this...