Quick Look
Gene Simmons’ $300K Cardano Investment Has More Than Doubled Since February
Lick it up.Kiss bassist Gene Simmons tweeted in February that he had bought $300,000 of Cardano’s ADA, writing that the cryptocurrency was...
rhoToken Successfully Launched on Flurry Finance DApp
Flurry Finance is announcing an exciting development in the world of DeFi, as the successful launch of the rhoToken marks a next level...
Private Office of UAE Sheikh Launches $100M Blockchain Investment Fund
The Private Office of His Highness Sheikh Hamdan bin Ahmed Al Maktoum of the United Arab Emirates (UAE) has launched a $100 million...
Market Wrap: Bitcoin All-Time High Expected, but Not Before a Pullback
Bullish sentiment continues to grow after bitcoin’s price broke above $57,000 on Monday. BTC is up about 3% over the past 24 hours,...
Soccer NFT Platform Sorare Is Being Investigated by UK Gambling Regulator
Sorare, the fast-growing European fantasy soccer and digital collectible platform, is being investigated by the UK Gambling Commission.The...
Bitcoin Mining Is Reshaping the Energy Sector and No One Is Talking About It
Recently, I was invited to give a talk at the Texas Blockchain Summit on the topic of the growth of bitcoin mining in Texas. Not knowing...
Mining Hardware Manufacturer Bitfury Plans to Go Public
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This...
Please Don’t Do This
Last Wednesday, the good people over at TechCrunch ran a story about a company called Visionrare, which is essentially trying to gamify...
Is Biden Prepping an Executive Order on Crypto?
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW looks at recent reports the Biden administration is...
Dying for a Bitcoin Futures ETF? Watch Out for ‘Contango Bleed’
Improved prospects of the U.S. approving a futures-based bitcoin (BTC) exchange-traded fund (ETF) has brought cheer to the crypto...
Crypto Funds Double Weekly Inflows to $226M as Ebullience Returns to Bitcoin Market
Crypto-focused funds took in more than double the amount of new money last week that it did the prior week as bullish sentiment returned...
FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines for Cryptocurrency
A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of...
FTX.US Launches Collectibles Arm in Boost to Solana-Based NFTs
FTX.US is moving into the non-fungible token (NFT) business with a trading platform for digital collectibles on the Solana blockchain.On...
DeFi Perpetuals Exchange Futureswap Launches New Version After $12M Raise
Futureswap has raised $12 million in venture funding from Ribbit Capital, Framework and Placeholder to launch an updated version of its...
BTC price passes $57.4K in a fresh surge toward February resistance
Bitcoin (BTC) kept markets guessing into the Wall Street open on Oct. 11 after seeing rejection on hitting its highest since May. BTC/USD...
Bitcoin’s $100K price target returns as BTC price breaks out of bull pennant
Bitcoin (BTC) looks poised to pursue a run-up towards $100,000 as its price breaks out of a classic bullish structure. Dubbed as Bull...
Dubai Family Office Launches $100M Blockchain Investment Fund
The Prime Minister of the United Arab Emirates (UAE) Sheikh Hamdan bin Ahmed Al Maktoum family office has launched a $100 million...
First Portugal-Based Crypto Exchange Criptoloja Launches Online Trading
Criptoloja, the first crypto exchange licensed to operate in Portugal, launched its online crypto trading service last week.The crypto...
Celo Appoints Former Facebook, Bank of America Execs to Board
Blockchain payments startup Celo appointed former Facebook executive Morgan Beller to its board, alongside Jai Ramaswamy, who has...
Crypto News Roundup for Oct. 11, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Makes a Push for $57K as Fed Taper...
Bitcoin Skyrockets Above $57K, Recaptures Trillion Dollar Market Cap, Double-Digit Weekly Gains
The price of bitcoin continues to climb higher as the crypto asset has captured over 19% in gains during the last seven days. Bitcoin...
Pantera CEO Says Bitcoin ETF May Fail to Spark Rally
Pantera Capital CEO Dan Morehead cautioned, in contrast to many crypto bulls, that the start of a bitcoin exchange-traded fund (ETF) may...
Coinbase Co-Founder’s Venture Firm Raising $1.5B Fund, Document Shows
Paradigm, the cryptocurrency venture capital firm led by Coinbase co-founder Fred Ehrsam, is looking to raise a $1.5 billion fund for...
Bitcoin
Bitcoin is the world’s first decentralized cryptocurrency – a type of digital asset that uses public-key cryptography to record, sign and...
Ethereum
Ethereum is a blockchain-based software platform that can be used for sending and receiving value globally via its native cryptocurrency,...
Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches — ‘I Might Want to Take Some Chips off the Table’
On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of...
XRP
XRP Price SectionXRP is the native asset of the XRP ledger, a blockchain originally developed in 2011 by developers David Schwartz, Arthur...
Bitcoin Cash
Bitcoin Cash is a cryptocurrency launched in 2017 by forking the Bitcoin blockchain and changed the size limit of blocks added to the...
EOS
EOS is the native cryptocurrency for the EOS.IO blockchain platform with smart contract capabilities. The company Block.one created EOS.IO...
China FUD Over Bitcoin Mining Is ‘Now Moot,’ Luxor Report Says
The ”Fear, Uncertainty and Doubt” or FUD about China controlling the cryptocurrency is “now moot” as Bitcoin’s hashrate is expected to...
Sri Lanka announces committee that will study digital assets
The committee will review the regulatory frameworks of other countries before submitting a proposal on the most effective framework for...
Stellar
Lumen (XLM) is the native cryptocurrency for Stellar, an open source blockchain payment system. The purpose of Stellar is to connect...
Should You Invest in Bitcoin for Retirement?
As the bitcoin market matures, there is an increasing number of options available to add the digital currency to retirement plans.Bitcoin...
Where to buy Cardano as ADA consolidates near $2 region
The Cardano token is currently trading at $2.23 at the time of writing. The token has been trading sideways between a very narrow range of...
Litecoin
Litecoin is a cryptocurrency launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create Litecoin, Lee copied the...
South Korea Opposition Party Trying to Make Changes to Crypto Tax: Report
South Korea’s opposition People Power Party is preparing a proposal to delay the implementation of the country’s crypto tax legislation,...
Where to buy Litecoin as LTC enters consolidation phase
The Litecoin token has been trading within a range of $163—$185 for the past week. The LTC coin is currently trading at $181 at the...
Akt.io Shows How DeFi Is Shaping the Future and Why Financial Institutions Are Ripe for Disruption
Investing has become mandatory for those who want to secure their financial future. Despite this need, the accessible alternatives for...
Cardano
Launched in 2017, Cardano is billed as a third-generation blockchain (following Bitcoin and Ethereum as the first and second generations,...
Shiba Inu rebounds 40% despite major selling by SHIB whales
Shiba Inu (SHIB) kickstarted its new weekly session in the green as it continued its bullish retracement move from last week’s low of...
Ethereum Classic
Ethereum Classic, like ethereum, supports smart contracts and decentralized applications (dapps). It originated from a contentious hard...
UK ex-chancellor Philip Hammond joins crypto firm Copper
Lord Hammond will work with the custody provider as an advisor Crypto custody and trading startup Copper has announced that former...
Dogecoin
Dogecoin is a parody cryptocurrency created by Australian entrepreneur Jackson Palmer and software engineer Billy Markus in 2013. In an...
Blockchain Analytics Firm Elliptic Raises $60M to Fund R&D, Expansion
Elliptic, which helps track transactions on blockchains, has raised $60 million in a Series C funding round led by Evolution Equity...
Where to buy Shiba Inu as SHIB continues marvellous bull run
The Shiba Inu token has broken many records in its current bull run. The SHIB token has rallied by more than 200% in the past week and the...
Poland’s Central Bank Says It Will Add 100 Tons of Gold to Existing Holdings in 2022
The Polish central bank, the National Bank of Poland (NBP), is reportedly planning to raise its gold reserves by 100 tons in 2022....
Tether
Tether was one of the first cryptocurrencies to peg its market value to a fiat currency. Launched in July 2014, Tether, originally called...
USD Coin
U.S. Dollar Coin, or USDC, is an Ethereum-based stablecoin launched in September, 2018. Its policies, including its technical and...
Where to buy Yearn.Finance as YFI readies for a bull rally with rising volumes
The Yearn.Finance token is currently trading at $33,535 at the time of writing with a steady increase in trading volumes which is usually...
Chainlink
Chainlink is a tokenized oracle network that provides price and events data collected from on-chain and real-world sources. Launched in...
China Seeking Judicial Authority to Convict and Sentence Crypto Activities: Report
The Chinese judiciary is reportedly investigating how to convict and sentence activity related to cryptocurrency.It is expected that...
IOTA price analysis: investor interest leads to multi-week high
The uptick followed increased buy-side pressure over the weekend and on Monday morning as buyers broke above a key resistance level to hit...
Polygon
Polygon (MATIC) is an ERC-20 token that supports the Polygon Network (fka Matic Network), a layer 2 scaling solution for Ethereum....
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin (BTC) continues to rise near $56,000, although the rally appears to be exhausted given overbought signals on the charts. The...
El Salvador to channel Bitcoin gains into a veterinary project
El Salvador's president shared his plan to use the profits made from Bitcoin in setting up a pet hospital on Saturday El Salvador's...
Bitcoin Miner Bitfury Plans to Go Public With Value in ‘Billions of Pounds:’ Report
Bitcoin mining company Bitfury is preparing to go public in what would be Europe’s biggest cryptocurrency valuation, according to a report...
Bitcoin mining can use ‘wasted’ natural gas: US Senator Ted Cruz
Instead of burning the natural gas, the senator wants it channelled into Bitcoin mining Bitcoin miners can put the abundant natural gas...
Ex-UK Chancellor Philip Hammond Joins Crypto Custodian Copper in Advisory Role
Former U.K. Chancellor Philip Hammond has joined crypto infrastructure provider Copper as a senior adviser.Now a member of the House of...
Salvadoran President Nayib Bukele Announces Construction of Vet Hospital With Bitcoin Trust Funds
Nayib Bukele, president of El Salvador, announced yesterday he will start using surplus funds from the country’s bitcoin trust....
BTC price hits $57K five-month high — 5 things to watch in BTC this week
Bitcoin(BTC) is on top form — almost literally — as it heads into a new week less than 15% from all-time highs. A classic cocktail of...
Bitcoin Makes a Push for $57K as Fed Taper Fears Linger, Leveraged Funds Boost Shorts
Bitcoin jumped to a fresh five-month high early Monday, extending the two-week price rally even though Friday’s weak U.S. jobs report...
ConsenSys Holds Funding Round Talks With $3B Valuation: Report
ConsenSys, a blockchain company that develops and invests in Ethereum-based projects, is in talks about a funding round that would value...
Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela
Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by...
Bitmain Will Not Ship Crypto Mining Equipment to China
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the...
New Bybit User? Get up to $600 in Welcome Rewards
New Bybit users can get up to $600 in welcome rewards upon completing simple tasks and hitting trading milestones after signing up. The...
How Henry Ford Envisaged Bitcoin 100 Years Ago — A Unique ‘Energy Currency’ That Could ‘Stop Wars’
55 days from now will be the hundred-year anniversary of when the American industrialist and business magnate Henry Ford talked about a...
5 Countries Will Accept Bitcoin as Legal Tender by End of Next Year, Says Bitmex CEO
By the end of next year, at least five countries will have accepted bitcoin as legal tender, the CEO of cryptocurrency exchange Bitmex has...
US Nuclear Engineer, Wife Charged Over Sale of Naval Secrets for Crypto
A nuclear engineer employed by the Department of the Navy and his wife have been charged with attempting to sell restricted data to an...
‘Big Short’ Investor Michael Burry Criticizes Shiba Inu Crypto After SHIB Soars 230% — Says It’s ‘Pointless’
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, thinks the dogecoin rival shiba inu token (SHIB) is...
SEC Commissioner: True Decentralized Projects Pose a Challenge to Crypto Regulation
A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto...
Refinable Authenticates Fine Jewelry Sale on Sotheby’s
PRESS RELEASE. HONG KONG – 10th October 2021 – Refinable, a leading decentralized NFT marketplace, is taking a step forward...
BTC’s Price Rise Gives 5-Year-Old Mining Rigs New Life — Bitcoin Hashrate Jumps Close to 20% Since Last Week
As bitcoin’s value has increased, the global hashrate has been steadily climbing higher week after week. On Sunday, the hashrate...
One currency to rule them all: Facebook’s Diem has global ambitions
The year 2021 seems to be a big year for the blockchain world as several projects, such as nonfungible tokens (NFTs) and centralized...
Top 5 cryptocurrencies to watch this week: BTC, DOT, UNI, LINK, XMR
Bitcoin (BTC) has continued to trade near the $55,000 level. The sharp rally in Bitcoin has pushed its market dominance from 40.70% on...
Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments
Sri Lanka’s leading online retailer, Kapruka, has unveiled plans to introduce support for cryptocurrency payments. The news comes...
Bitmain Confirms Halting Its Shipment of Antminers to Chinese Customers
Bitmain, one of the world’s largest manufacturers of bitcoin mining machines, confirmed it will halt shipping Antminer to mainland...
Beltracchi’s ‘Salvator Mundi’ — Notorious Art Forger Banned from Selling at Galleries Steps Into the NFT Game
While the world of non-fungible token (NFT) assets continues to swell, the notorious artist and art forger Wolfgang Beltracchi has joined...
XRP price eyes $1.50 next after bouncing 30% in just 10 days
XRP has a good chance of hitting $1.50 in the fourth quarter of 2021 after painting a bullish crossover between its 20-day and 50-day...
Who Bought $1.6B in Bitcoin Wednesday, and Why?
Like a toddler in a car seat on a long drive, last week the cryptocurrency market persistently asked the gnawing and annoying question,...
Cross-Chain Bridge Value Increases by 89% in Less Than a Month Surpassing $14 Billion TVL
23 days ago on September 16, cross-chain bridges held around $7.79 billion total value locked (TVL) and since then the TVL has increased...
B2BinPay: How to Find a Reliable Provider of Bitcoin Payments
PRESS RELEASE. Bitcoin is not just the first cryptocurrency to have come onto the scene – the role of this asset has substantially...
Here for the Bitcoin Revolution or Just the Sick Macro Gains?
This episode is sponsored by NYDIG.Download this episodeOn this edition of “Long Reads Sunday,” NLW reads “Revolution, Macro and Micro:...
Nigeria Central Bank Governor Says CBDC Launch Just ‘a Couple of Days’ Away
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be...
Talent Giant Creative Artists Agency Inks Deal With Pseudonymous NFT Whale 0xb1
On October 8, the leading California-based talent agency Creative Artists Agency announced it has inked a deal with the infamous...
Court Ruling Threatens 17 Crypto Exchanges in Russia
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information...
SEC Approves Volt Equity’s Crypto Stock ETF
The U.S. Securities and Exchange Commission (SEC) has approved an exchange-traded fund (ETF)—the Volt Crypto Industry Revolution and Tech...
Start-up Raises $2 Million to Pioneer Cryptocurrency Usage in Francophone Africa
A Cameroonian fintech start-up, Ejara, has raised $2 million to pioneer the usage of crypto and investment services in French-speaking...
What Bitcoin correction? BTC price holds $55K despite several bearish indicators
Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC)...
Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments
In preparation to regulate its fintech space, the government of Sri Lanka has established a special committee tasked to formulate the...
Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days
The run-up in the price of Shiba Inu (SHIB) so far in October pushed the SHIB token to become the 20th largest digital asset by market...