Quick Look
New Venezuela’s Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis
Ernesto, a gastronomic entrepreneur in Cumaná, a coastal Venezuelan city facing the Caribbean Sea, initially thought that Venezuela’s new...
New Chainalysis Report Reveals Who’s Leading the World in Crypto Adoption
Blockchain analytics firm Chainalysis’ forthcoming 2021 Geography of Cryptocurrency report examines crypto adoption in countries and...
Phemex Is a Rebellion Against Traditional Finance, and It’s Winning
Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute...
Highlights from CoinDesk’s Bitcoin for Advisors 2021
Crypto assets are here to stay. What began as some niche financial experiment has matured into a retail-driven bona fide market, garnering...
Market Wrap: Analysts Bullish on Bitcoin as Trading Volume Rises
Bitcoin’s price stayed roughly flat over the past 24 hours, settling at approximately $54,000 as of Thursday afternoon. The muted price...
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
South Korean Finance Minister and Deputy Prime Minister Hong Nam-ki said his country is moving ahead with its plan to tax gains on...
Matt Furie Adds to 2016 NFT Card Collection — ‘Rare Pepe Directory Is Complete,’ Says NFT Wallet Creator
About five years ago, Bitcoin.com News reported on the notorious Pepe the frog getting added to the blockchain collectible world after the...
Regulatory Uncertainty a Recurring Theme at London’s Token2049
Regulatory uncertainty kept coming up at London’s Token2049 conference on Thursday.Speaking via Zoom, Galaxy Digital CEO Mike Novogratz...
Something Big Is Brewing With Bitcoin
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW looks at the growing excitement around bitcoin,...
Asian Schools Lead CoinDesk’s Ranking of Top Universities for Blockchain
Published this week, the Top Universities for Blockchain by CoinDesk serves as a valuable resource for people looking to study this...
The US Wants to Regulate Stablecoins First
It’s recently come to light that the U.S. Securities and Exchange Commission is investigating Circle, a principal backer of the popular...
No, Elon Musk’s Shiba Inu Tweet Isn’t Pumping SHIB’s Price
It turns out that the crypto market hasn’t gotten sick of canine-themed meme coins just yet.Self-claimed “DOGE killer” shiba inu (SHIB)...
Cointelegraph Consulting: Terra’s bullish case after Columbus-5 upgrade
Terra’s (LUNA) three-month rally saw its token rise by 674%, catapulting LUNA to the ranks of potential so-called “Ethereum killers.” LUNA...
Bitcoin hints at $1T market cap retest after price hitting 4-month highs
Bitcoin (BTC) took a trip below $54,000 during Oct. 7 as traders waited to see how far a retracement of Wednesday’s $5,000 gains could go....
CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report
Bitcoin (BTC) derivatives traders on the Chicago Mercantile Exchange (CME) missed out on incredible profits as BTC’s spot price smashed...
Core Scientific to Build New 300MW Blockchain Data Center in Texas
Core Scientific, the blockchain hosting and digital asset mining company, is building a new 300 megawatt blockchain data center in the...
Compound unanimously passes proposal to repair bug
Compound Finance announced the passing of Proposal 064 on Thursday, titled the “Fix COMP Accrual Bug.” The proposal states...
What Iceland’s Spectacular Banking Collapse Teaches Us About Tether
In 2008 and 2009, I was laser-focused on the global financial crisis. It impacted me directly because collapsing state budgets rugged my...
Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for Miners
Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the...
Yield Guild Games Invests $175K in Merit Circle to Expand Scholarship Program
Yield Guild Games (YGG), a decentralized gaming startup, said it invested $175,000 in Merit Circle to help “bring play-to-earn to the...
Voting on a Proposal to Reimburse Mt. Gox Victims Begins Today
The trustee presiding over the Mt. Gox civil rehabilitation case has taken the next step toward partially reimbursing victims who lost...
Tezos to Present NFT Exhibition at Influential Art Basel Miami Beach Show
Tezos will be presenting a multi-faceted non-fungible token (NFT) exhibition at Art Basel Miami Beach 2021, the two projects announced...
Stock Trading App Public to Add Cryptocurrencies
Public, a commission free stock-trading app similar to Robinhood, will allow its users to buy and sell cryptocurrency in the coming weeks,...
DeFi for the Small Guy: Algorand-Based Tinyman Raises $2.5M Ahead of DEX Launch
Tinyman, an automated market maker (AMM) on the Algorand blockchain, recently raised $2.5 million and is expected to launch in full on...
Where to buy Litecoin as LTC sees 11% gains
The Litecoin (LTC) token is up by 11% in the past 24 hours and is trading at $185 at the time of writing The Litecoin token has seen a...
Where to buy Monero as XMR gears up for a huge rally
The Monero (XMR) token has jumped by 10% in the past 24 hours and is trading at $292 at the time of writing The Monero token is under the...
Bitcoin ETF Approval Expected by Month’s End, Prominent Hedge Fund Puts More Weight Behind BTC
The price of bitcoin soared past the $55K handle on Wednesday for the first time in four months giving proponents hope the crypto bull run...
Where to buy Dash as the token rises by 3.26%
The Dash (DASH) token is currently trading at $185 at the time of writing with strong consolidation near the $180 region The Dash token...
Crypto News Roundup for Oct. 7, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Rally Holds Support Above $52K; Next...
Revolution, Macro and Micro: Three Ways to Look at a Bitcoin Investment
Investment in cryptocurrencies is all the rage, and bitcoin is clearly the biggest – it has the largest market capitalization, the most...
How Advisors Can Add Value to Clients With Crypto
Clients work with you because you are their trusted advisor. You bring value to the client-advisor relationship in myriad ways and,...
ESPN, DraftKings Execs Join Soccer NFT Platform Sorare Following $680M Raise
European soccer NFT platform Sorare is continuing its growth with a slew of new hires, the company announced Thursday.Ryan Spoon has been...
Wirex Launches Crypto Platform in Vietnam
Payments app Wirex has launched in Vietnam and expanded its decentralized finance (DeFi) offering to 81 more countries.Expansion into...
One of Germany’s Oldest Banks Taps Fireblocks to Custody Customers’ Crypto
Freshly inducted crypto unicorn Fireblocks has been selected by Bankhaus von der Heydt, a 267-year-old privately owned German bank, to...
Bitcoin bears risk getting trapped if BTC price remains above $50K — Here’s why
Bitcoin’s (BTC) 32% weekly rally became bears’ worst nightmare as Friday’s $860million options expiry is approaching. After breaking the...
Dapper Labs Taps Chainalysis to Fight NFT Money Laundering
NFT developer Dapper Labs has agreed to a long-term partnership with blockchain tracing firm Chainalysis to detect and prevent...
El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Solutions
The adoption of bitcoin as legal tender in El Salvador has forced the local financial system to adapt.Staring down these changes, Banco...
Fan tokens: Day trading your favorite sports team
With the pandemic separating fans from their stadiums and sports clubs from their revenues, fan tokens are now big players in the game,...
Analytics Platform Nansen Expands to Fantom, Spotlighting Emerging DeFi Ecosystem
Popular blockchain analytics platform Nansen.ai has expanded coverage to the Fantom blockchain today, shedding light on a rapidly...
Cash2Bitcoin: As Bitcoin Greatly Outperforms S&P 500, Bitcoin ATMs Gain in Popularity
Since the beginning of the COVID-19 pandemic and after an initial dip, the stock market has performed exceptionally well for such an...
Where to buy Bitcoin Cash as BCH shows signs of consolidation
The Bitcoin Cash (BCH) token is displaying signs of consolidation near the $600 region The Bitcoin Cash token has seen a...
Nigerians Optimistic CBDC Will Improve Payments and Help Promote Cryptocurrencies
Nigerians are hopeful the planned central bank digital currency (CBDC), also known as the e-naira, is going to enhance cross-border...
Mt. Gox Bitcoin reimbursement voting closes on Friday
The proposal requires more than 50% of votes to pass Voting on a Bitcoin (BTC) reimbursement proposal for victims of the infamous Mt. Gox...
Tether Has Lent $1B to Celsius Network: Report
Tether, issuer of the eponymous stablecoin, has lent $1 billion to Celsius Network, a startup offering crypto lending that has drawn the...
Invesco Lists Two Crypto ETFs With Galaxy Digital on the CBOE
Asset manager Invesco has introduced two exchange-traded funds (ETFs) with exposure to cryptocurrency and blockchain companies.The...
Bitcoin Rally Holds Support Above $52K; Next Resistance Near All-Time High
Bitcoin (BTC) continues to strengthen after breaking above $50,000 earlier this week and rallying Thursday to a five-month high. The...
3 warning signs suggest the Bitcoin price rally is overextended
Bitcoin (BTC) faced fresh doubts over the strength of its bull run on Oct. 7 as analysts eyed a potential reversal of Wednesday’s short...
US DoJ establishes cryptocurrency enforcement team
Deputy Attorney General Lisa Monaco said the team would have an active role in protecting investors from fraudulent activities and...
Ukrainian President sends crypto bill back to parliament
President Volodymyr Zelensky only disagreed with part of the crypto bill, which passed its second hearing towards the end of last month...
MoneyGram inks partnership with Stellar for USDC settlement
Customers will deposit or withdraw funds using their wallets at MoneyGram service providers MoneyGram, a US-based cross-border payments...
Bitcoin’s Options Market Is Now Skewed Bullish Across All Time Frames
Bitcoin’s options contracts used to hedge spot and futures market exposure are exhibiting bullish sentiment across all time frames in a...
What Is a Bitcoin ETF?
A bitcoin exchange-traded fund (ETF) lets traders gain exposure to BTC via traditional stock markets, without needing to directly buy or...
Local Experts Say Zimbabwe Not Softening Its Stance on Cryptocurrency Just Yet
Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do...
Northern Data Slumps as Market Manipulation Allegations Surface
Investors in Northern Data have lost about $300 million this week as shares of the provider of high-performance computing services to...
CoinSwitch Kuber now India’s largest crypto unicorn valued at $1.9BN
India now has two crypto unicorns after CoinDCX reached the status following its series C round in August CoinSwitch Kuber, one of India's...
21Shares Taps Copper for Custody of Crypto ETPs
Crypto exchange-traded product (ETP) issuer 21Shares has tapped infrastructure provider Copper for its custody requirements.The core of...
Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament
The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the...
Bitcoin’s Technical Bias Flips Bullish as Price Climbs Above Descending Trendline
Bitcoin ran through key technical resistance levels on Wednesday, strengthening a bullish bias, and extended gains Thursday.The...
FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’
The Financial Stability Board (FSB) published a report Thursday outlining progress made, or lack thereof, by 48 jurisdictions on the...
Smartbch Poolside Puffers NFT Collection Sells Out in 3 Days — 100% of Proceeds Goes to Orphanage in Vietnam
Non-fungible tokens (NFTs) have been extremely popular in recent times as a great number of collections have been dropped and billions of...
DeFi Yield Protocol Partners With KyberDMM to Boost DYP Token Liquidity on Avalanche
Leading yield farming platform DeFi Yield Protocol (DYP) has collaborated with KyberDMM to boost DYP token liquidity on Avalanche...
Swiss FlowBank to Open Crypto ‘Gateways’ Following $11.8M Investment from CoinShares
Jersey, Channel Islands-based digital-asset investment firm CoinShares is planning to integrate its crypto technology stack for a new...
Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies
On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies via Bitpay’s...
US Launches National Cryptocurrency Enforcement Team to Prosecute ‘Criminal Misuses of Cryptocurrency’
The U.S. has launched the National Cryptocurrency Enforcement Team, an initiative of the Department of Justice (DOJ), to tackle and...
AMC CEO Says ‘Huge News’ for Dogecoin Fans as the Movie Theater Chain Begins Accepting Crypto Payments for Gift Cards
The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced “huge news” for dogecoin...
3 reasons why Terra (LUNA) price hit a new all-time high
Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating...
US FDIC Said to Be Studying Deposit Insurance for Stablecoins
The Federal Deposit Insurance Corp. (FDIC), a key U.S. banking regulator, is studying whether certain stablecoins might be eligible for...
Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale
EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a...
Crypto Miners Hoarding Bitcoins as Price Surges Above $55,000
With bitcoin rallying above $55,000 for the first time since May, cryptocurrency miners are holding onto their newly minted currencies to...
Spellfire Completes Seed Funding Round – Terranova, x21, Autonomy Capital Among Top Investors Onboard
Spellfire, a legendary card-based NFT game powered by Ethereum and incorporating some unique features, has successfully completed its seed...
ETH 2.0 Staking Platform Discovers Multimillion-Dollar Bug in Rivals’ Code
On Tuesday, a vulnerability disclosure from ETH 2.0 staking service StakeWise may have saved millions of dollars worth of ETH at risk in...
MoneyGram Partners With Stellar and USDC for Blockchain-Based Payments
Traditional cross-border payments giant MoneyGram is working with the Stellar blockchain network to create instant money transfers using...
Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform
Bitcoin surged toward $54,000 on Wednesday, the highest level in almost five months. The cryptocurrency is up about 8% over the past 24...
Bitcoin Price Rally Fueled by Whales’ $1.6B Buy, Blockchain Data Shows
One or a group of large bitcoin buyers, also called bitcoin whales, appeared to be behind Wednesday’s price pop, based on data that showed...
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made...
Congreso de Brasil tratará un proyecto de ley que regula a exchanges de criptomonedas
El Congreso de Brasil debatirá un proyecto de ley que regula a exchanges de criptomonedas y aumenta las penas para esquemas piramidales y...
Gensler’s SEC Has No Plans to Ban Crypto
This episode is sponsored by NYDIG.Download this episodeToday on “The Breakdown,” another major regulatory figure has confirmed he has no...
The Top Universities for Blockchain: Overperformers and Underperformers
CoinDesk’s Top Universities for Blockchain, which CoinDesk announced this week, examines a university’s blockchain educational...
Price analysis 10/6: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI
Bitcoin (BTC) skyrocketed above the $1 trillion market capitalization today, pulling the total crypto market capitalization close to $2.3...
Art Blocks Raises $6M From Galaxy, Flamingo DAO on Strength of Generative NFTs
Art Blocks, the computer-generated digital art market where chromatic squiggles have commanded millions of dollars, raised $6 million in...
How Erick Calderon Turned NFT Squiggles Into a $6M Funding Round
Art Blocks CEO Erick Calderon has turned generative NFT squiggles into a digital art behemoth. This week on “Opinionated,” we speak with...
Mexican Stock Exchange Is Considering Listing Crypto Futures, CEO Says
The Mexican Stock Exchange (BMV) is considering listing crypto futures on its derivatives exchange, BMV’s CEO José-Oriol Bosch said.In an...
US Lawmakers Float the Idea of Minting a Trillion-Dollar Platinum Coin to Avoid Sovereign Debt Crisis
American politicians have been clamoring about the U.S. facing a significant debt crisis and the debt ceiling putting the country at risk...
Universities Are Flunking Blockchain Tech
As higher education shifted online through the global pandemic, issues of trust, identity and fraud crippled learning and research....
DOJ to Launch National Crypto Enforcement Team: Report
The Department of Justice (DOJ) is launching a new crypto crime-fighting team, the National Cryptocurrency Enforcement Team, according to...
Gensler’s Crypto Testimony: 6 Key Takeaways
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was in the hot seat on Tuesday during a House Financial Services...
Bitcoin returns to $1T asset as BTC price blasts to $55K
Bitcoin (BTC) surged even higher on Oct. 6 as its spot price saw a sudden surge upward to over $55,000, its highest since May 12. BTC/USD...
How to Talk to Your Legislator About the Crypto Safe Harbor
Yesterday, Rep. Patrick McHenry (R-NC), the ranking member of the House Financial Services Committee, introduced a bill that would provide...
SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to...
National Bank of Georgia to Test CBDC Next Year
The National Bank of Georgia, which in May said it was exploring the possible development of a central bank digital currency (CBDC), plans...