Quick Look
‘Wormhole’ Adds UI Support for Terra in Bid to Simplify Cross-Chain Operability
Wormhole, a communication bridge between Solana and other top decentralized finance (DeFi) networks, has added user interface support for...
A Dictionary for Degens
GM. Ape. Liquidity. Those words might not mean what you think – if you’re talking to an NFT degen.It’s not easy making sense of the...
The Metaverse Is Coming, Companies Need to Prepare
Web 2.0, the second iteration of the internet, brought the world into a new paradigm, moving us away from static website pages and towards...
Bitcoin Won’t Save the Afghan People
Over the past few years, the residents of countries in financial distress have increasingly turned to cryptocurrency. In Kenya, Nigeria,...
The Value of NFTs Is Belonging
The spending frenzy for Bored Apes, Cryptopunks, Pudgy Penguins and other “NFT communities” has sparked a parallel frenzy in...
Crypto Long & Short: The Trouble With Ticker Symbols
Would the real USDP please stand up?Last month, Paxos, the issuer of the seventh-largest stablecoin in the $2 trillion global...
El Salvador’s Bitcoin Law Is About Self-Determination
Money talks, often in metaphors. Today, El Salvador became the first country to adopt bitcoin as legal tender, allowing residents to pay...
Gemini Introduces ‘Earn’ Product in Hong Kong as Part of Asia Push
U.S.-Crypto exchange Gemini has launched its interest-bearing product for the people of Hong Kong.“Gemini Earn” enables customers to...
Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball
Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the...
El Salvador’s Bold Bet on Bitcoin Could Inspire the World
The tiny nation of El Salvador will soon take a giant leap into the future of finance, as it will become the first country ever to...
Multicoin Capital to Raise $250M for Third Crypto Fund: Report
Multicoin Capital, an investment firm focused on cryptocurrency and blockchain companies, is planning to raise a $250 million for a third...
Coinbase Has Words for the SEC. Is It Listening?
Coinbase, the largest U.S. cryptocurrency exchange and one of the largest publicly traded cryptocurrency firms in the world, announced...
Do NFTs’ Crazy Valuations Make Them Art? A Leading Collector Says No
Recent auctions of non-fungible tokens (NFT) at the Christie’s and Sotheby’s auction houses might give the impression the fine art world...
Bukele’s MS-13 Double Bind
Among the reactions to El Salvador’s adoption of bitcoin as legal tender, which became official this week, has been concern about...
Congressman Tom Emmer: ‘Crypto Is Not Partisan’
The fight that crypto exchange Coinbase took to the U.S. Securities and Exchange Commission this week highlighted that the federal...
Crypto Can Do Better Than ETFs
In what is becoming a seasonal tradition, the U.S. Securities and Exchange Commission (SEC) is using any legal and technical recourse to...
DeFi and the 3 Cs
Imagine thinking that not collecting sensitive data is inherently a bad thing.That canard seemed to be the subtext of two memorable lines...
The Financial Aftermath of 9/11
9/11 was a human tragedy of staggering proportions.This weekend America honored and mourned the first responders, office workers, airline...
How Media Fell for a Lucrative Lie About Walmart
“A lie can travel halfway around the world while the truth is putting its boots on.” – Actually Not Mark TwainThis morning, an unknown...
Play-to-Earn Is Already the Biggest Star in the Metaverse
If you want to play the role of God, you can’t overlook the fish. This is the implied message of a woman named Kelsei, aka “Pandapops,”...
Damien Hirst’s ‘The Currency’ Is Just Like Money, but Is It Good Art?
On the surface, “The Currency” by Damien Hirst is a non-fungible token (NFT) collection that checks a lot of boxes for the genre. It is a...
Advice You’ve Never Had to Consider Before
As a financial advisor, you’re expected to understand and give guidance on a variety of subjects. You’ve sat across conference tables and...
How ‘World of Women’ Became a Celebrity NFT Phenom
It’s an open secret that women are under-represented in the world of crypto. Which helps explain why the newest non-fungible token (NFT)...
Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume
The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion...
Bitcoin in El Salvador: Why Is It Worth the Effort?
More than nine years ago, we founded Bitcoin Argentina’s nongovernmental organization to defend bitcoin and its potential despite all...
Ethereum’s Design Choices Are Inherently Political
In early August, Ethereum’s long-awaited London upgrade went into effect. It contained a package of Ethereum Improvement Proposals, or...
Speculation Is Good (for Crypto)
It was a busy week for the cryptocurrency industry in New York, with in-person conferences, workshops and parties filled to the brim with...
Bottom-buying traders and new governance features back KeeperDAO’s 118% rally
The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in...
Evergrande and China’s Looming Risk to Tether
The stablecoin issuer Tether this week declared that it doesn’t hold short-term debt issued by troubled Chinese real estate developer...
Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give...
Chimeras Play-to-Earn Metaverse Completes Successful Funding Round
PRESS RELEASE. Chimeras successfully raised over $2 million in its latest fundraising round, which will help to fund the play-to-earn...
Market Wrap: ProShares Bitcoin ETF Rises in Trading Debut, Sending BTC Higher
Bitcoin rose to a six-month high at around $63,000 as the ProShares Bitcoin Strategy exchange-traded fund (NYSE: BITO), the first...
Brasileños adquirieron $4.000 millones en criptomonedas en lo que va de 2021, según el Banco Central
Los brasileños adquirieron $496 millones en criptomonedas en agosto y ya han comprado $4.270 millones en lo que va de 2021, reveló el...
What to Make of the First Bitcoin Futures ETF Launch
A bitcoin futures exchange-traded fund (ETF) launched this morning – and saw strong demand from investors.This indicates some amount of...
First Bitcoin Futures ETF ‘BITO’ Tops $1B Trading Volume on First Day
The ProShares Bitcoin Strategy exchange-traded fund’s trading volume topped $1 billion on its first day, ranking the investment vehicle as...
Kill the BitLicense
On Monday, New York’s Attorney General Letitia James announced an order that two crypto lending platforms unregistered with the state...
Republic Closes $150M Series B Funding Round
Investment firm Republic announced a $150 million Series B funding round led by Valor Equity Partners. Republic will use the new funds for...
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced...
For $200, You Can Trade Crypto With a Fake ID
For law-abiding cryptocurrency users, getting verified to trade on an exchange is a painstaking process. They must give out a wealth of...
Massive Trading Volume for ProShares Bitcoin Futures ETF as NYAG Targets Crypto Lenders
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW catches up on a variety of topics from the past week,...
US Lawmakers Push Back on Facebook’s Novi Wallet Launch
WASHINGTON, D.C. — A group of U.S. lawmakers say Facebook cannot be trusted to launch a digital currency.In a Tuesday missive, U.S....
The CFTC Was Proved Right on Bitcoin Futures. What’s Next for the Agency?
On Sept. 29, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced it had filed 14 complaints against various crypto...
Coinbase and NBA Sign Partnership Deal
Coinbase and the National Basketball Association (NBA) are teaming up on a multi-year partnership, the publicly traded crypto exchange...
DeFi Protocol Element Finance Raises $32M in Series A Round
Element Finance, a decentralized finance (DeFi) fixed rate protocol, closed a $32 million Series A funding round at a $320 million...
DeFi Insurance Protocol Solace Goes Live
Decentralized finance (DeFi) insurance protocol Solace, which provides coverage policies for Aave, Compound and Uniswap among others, has...
Bank of America Adds 23 More Firms to Its Crypto Research List
Bank of America has added 23 more stocks to its equities research coverage “that may see market value expansion due to digital asset...
All-time highs next? Bitcoin holds $62K as the dollar index tumbles to 3-week lows
The U.S. dollar index (DXY) could continue its slide in Q4, according to a classic technical setup known as a “rising wedge.” The...
Demand Spike on Binance Played Key Role in Bitcoin Rally: Kaiko
Bitcoin’s steady march to near-all time highs came as traders correctly anticipated that the U.S. Securities and Exchange Commission (SEC)...
BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch
Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the...
Buy the rumor… buy the news? BTC price passes $63K as US Bitcoin ETF launches
Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake. BTC/USD...
NFTs of empowered women aim to drive female engagement in crypto
The market for nonfungible token, or NFT, digital artwork is taking on the traditional art industry. Within the first six months of 2021,...
PsyOptions Raises $3.5M for Options Liquidity Mining and NFT Derivatives
A Solana-native options platform built by twin brothers Tommy and Taylor Johnson has closed its initial fundraising round today – the...
Cardano price paints ‘death cross’ with ADA at two-month lows vs. Bitcoin
Cardano (ADA) has formed a deadly “death cross” on its daily chart against Bitcoin (BTC) — a market signal that’s...
Gensler for a Day: How Rohan Grey Would Regulate Stablecoins
On paper, the concept of a “stablecoin” is relatively simple. Cryptocurrencies are notoriously volatile, and traders like being able to...
Ethereum Devs Reconsider ‘Difficulty Bomb’ Timing as Hard Forks Loom
A newly proposed Ethereum hard fork may punt a key network feature two years down the road to avoid complicating Ethereum’s transition to...
Sequoia Games Brings Augmented Reality to Board Games Using Algorand Blockchain
We’ve heard of digital basketball cards as collectibles, but what about board game characters?Sequoia Games has tapped Algorand as the...
As DOGE, SHIB Markets Fall Back, Baby Doge Coin and Dogelon Mars Prices Skyrocket
Following shiba inu’s 260% gains during the last 30 days, the third-largest meme-based crypto asset in terms of market...
Chainalysis Adds Bitcoin to Balance Sheet
Crypto tracer Chainalysis has added bitcoin to its corporate balance sheet.The $4.2 billion software company said Tuesday that it...
DeFi Is Like Nothing Regulators Have Seen Before. How Should They Tackle It?
The cryptocurrency industry is going through a period of intense growing pains. Like a lanky tween, it is running faster and jumping...
Bitcoin Hits 6-Month High as First Bitcoin Futures ETF ‘BITO’ Starts Trading
Bitcoin’s price surged Tuesday to a six-month high, climbing past $63,000 as ProShares’ much anticipated exchange-traded fund (ETF) began...
ProShares Bitcoin Futures ETF Rises 3% in Debut
Shares of the ProShares Bitcoin Strategy exchange-traded fund, the first bitcoin-related ETF to trade in the U.S., were rising 3% in their...
Crypto News Roundup for Oct. 19, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Market Wrap: Bitcoin Holds Above $60K as Crypto...
OLB Group Surges After Starting Bitcoin Mining Operation
OLB Group (NASDAQ: OLB) shares jumped more than 10% on Tuesday, after the e-commerce merchant service provider said its DMint unit started...
VC Firms Variant Fund, Atelier Ventures Merge to Focus on the ‘Ownership Economy’
Variant Fund and Atelier Ventures, firms founded by Andressen Horowitz (a16z) veterans, are merging and launching a $110 million...
Revolut Launches Commission-Free Crypto Trading for US Investors
Revolut, a fintech company with a $33 billion valuation that offers cryptocurrency buying as part of its services, is allowing U.S....
‘League of Legends’ Vets Launch $90M Gaming Seed Fund
Two veterans of Riot Games have launched Patron, an early stage venture firm focusing on the convergence of games and consumer startups, a...
Grayscale Files With SEC to Convert Its Bitcoin Trust Into an ETF
Grayscale Investments, the world’s largest digital currency asset manager, has filed with the Securities and Exchange Commission to...
Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies
Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The...
Facebook’s Novi Taps Paxos, Coinbase Ahead of Diem Rollout
Facebook’s Novi wallet is ready to launch – but it won’t be launching with the Diem (formerly Libra) stablecoin.Novi, a digital wallet...
How Riot Plans to Add Hashrate Without Adding Miners
Riot Blockchain plans to increase its crypto mining hashrate potentially by up to 50% through adopting 200 megawatts of immersion-cooling...
Decentralization’s Challenge to Policymakers Is Coming
“Decentralization theater” is something which crops up in my inbox on an almost daily basis. By this I mean the development, release and...
Atlas Taps Compute North to Expand ESG-Focused Bitcoin Mining
Atlas, which aims to be 100% carbon-free, signed a 100-megawatt “colocation capacity” deal with Compute North to expand its U.S. mining...
ZoidPay Chrome Extension Lets Shoppers Buy with Crypto on Amazon, eBay and 40M+ Online Retailers
PRESS RELEASE. The ZoidPay Chrome extension will allow users to spend their cryptocurrencies on products, pay subscriptions, and even book...
Bullish Bitcoin Market Easily Digests Spike in Trading Volume
The bitcoin market sentiment appears quite bullish as evidenced from the quick absorption of a huge sell order on crypto exchange OKEx...
Silvergate Capital 3Q EPS Beats Estimates; Digital Currency Deposits Grew to $11.2B
Silvergate Capital’s 3Q net income rose 12% to $23.5 million, or 88 cents a share, topping FactSet estimates of 71 cents.Average digital...
Huobi approved to deal crypto derivatives in Japan
Weeks after announcing its exit from the Chinese market, Huobi has confirmed it is licensed to offer crypto derivative services in...
India’s Newest Crypto ‘Unicorn’ CoinSwitch Kuber in Talks with Government over Regulation: Report
Indian cryptocurrency exchange CoinSwitch Kuber is in ongoing talks with the government over regulation of the industry, CEO Ashish...
UK authorities report crypto-related fraud is on the rise
The sum of money lost in reported incidents of crypto fraud so far has increased by 30% compared to last year’s figures The first...
Galaxy Digital’s Entertainment Arm Raises $325M Fund for NFT, Gaming Bets
Galaxy Digital re-stocked its crypto-culture warchest earlier this year with a $325 million venture fund focused on digital...
Invesco abandons its BTC Futures ETF, plans for spot BTC ETF
The company's futures-backed Bitcoin ETF was largely tipped to get SEC approval following a nod for the ProShares product Invesco, a major...
Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his...
Bitcoin Equilibrium Price Likely to Top $168,000 Following ETF Approval, FSInsight Says
Bitcoin will extend gains following the approval of the first bitcoin futures exchange-traded fund (ETF) in the U.S., according to Tom...
BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining
It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result. Five months ago, China...
Signature Bank’s Q3 Deposits Grow by $10B to $95.57B
Signature Bank added $10 billion in deposits in the third quarter, which included “notable contributions” from its digital assets...
Polkadot announces $777M development fund for network growth
Gavin Wood's announcement comes weeks before the launch of parachain auctions, set for 11 November Polkadot founder Gavin Wood has...
Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum
One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by...
Crypto lobby says stablecoins should not be subjected to new rules
The lobby group says regulators should not treat stablecoins as investment products A US-based cryptocurrency lobby group has called on US...
Analysts Divided on Prospects of Sell-The-Fact Move As Bitcoin ETF Listing Nears
There is an old saying on Wall Street: buy the rumor, sell the news. The adage is based on the belief that market participants, being...
National Police in Spain Warn of Surge in Cryptocurrency-Related Scams
The National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in...
‘All bears will die’ — Bitcoin metric prepares to flip green for the first time in 6 months
A “favorite” Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows. As noted...