Quick Look
Crypto News Roundup for Sept. 27, 2021
This episode is sponsored by Kava, Nexo.io and Bitstamp.Today’s Stories:Bitcoin Above $42K Support; Resistance at $46K-$48KUNI Token Rises...
Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst
Bitcoin (BTC) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls. BTC/USD 1-hour candle...
Before NFTs: Surging interest in pre-CryptoPunk collectibles
NFT hunters are suddenly rediscovering these forgotten vintage collectibles Love them or hate them, blockchain collectibles are having a...
Tajikistan National Bank Enlists Fantom, Orienbank to Help Develop CBDC
A central bank digital currency (CBDC) platform for deployment across Tajikistan is to be built on the Fantom blockchain.The Fantom...
Crypto OG Bobby Lee Says China’s OTC Desks Are Next to Go
Over-the-counter (OTC) trading desks in China are on their way out as the country cracks down on cryptocurrency activities, a veteran of...
Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with...
Chinese Ethereum Mining Pool SparkPool to Halt All Services Due to Crackdown
Ethereum mining pool SparkPool said it plans to suspend services for all its users by Sept. 30.Hangzhou-based SparkPool said it had...
DeversiFi Says User Funds Are Safe After $23.7M Gas Fee Blunder
Decentralized exchange DeversiFi is looking to calm user jitters after a simple ERC-20 token transaction somehow cost the platform $23.7...
Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case
Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law, has pleaded guilty in an agreement with federal...
Gary Gensler, You Should Be Watching How Canada Is Regulating Coinbase
The question of how to regulate cryptocurrencies, and by extension cryptocurrency exchanges, is getting heated.Securities and Exchange...
5 Reasons Why Bitcoin Remains Below $50,000
On Sept. 8, Standard Chartered’s cryptocurrency research team projected the price of bitcoin could reach $100,000 in the last days of 2021...
African Crypto Exchange Yellow Card Completes $15M Funding Round
Yellow Card has raised $15 million in a Series A funding round, the Africa-focused cryptocurrency exchange and digital wallet provider...
FLURRY heralds the next big wave of DeFi: where to buy Flurry Finance
The Flurry Finance token is currently trading at $0.0077 at the time of writing. The FLURRY token has recovered with a huge price spike of...
Where to buy Serum as SRM recovers by 12%
The Serum token is currently trading at $7.85 and bulls have regained control and look determined to push prices to the $9 levels and...
FIL token rises by 12%: where to buy Filecoin
The Filecoin token has seen strong gains of 12% and the coin is currently consolidating near the $59 level after trading sideways between...
DeFi Portal Avantgarde Eyes DAO Treasuries, Asset Managers With $5.5M Raise
The startup formerly known as Melonport is homing in on decentralized autonomous organizations (DAOs) for its latest act.Avantgarde...
Where to buy Uniswap as UNI surges by 32%
The Uniswap token is currently trading at $24.97 at the time of writing. The UNI coin is up by 32% in the past 24 hours and this rise has...
US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case
On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin...
Nasdaq-Listed CleanSpark Moves Full Mining Power to Foundry Pool
CleanSpark (NASDAQ:CLSK), a sustainable bitcoin mining company, has moved its entire hashrate to Foundry Digital’s North American mining...
Ethereum alternatives and layer-one solutions see steady gains in September
The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers...
Immutable X Token Sale Raises Over $12.5M in Under an Hour
Ethereum scaling solution Immutable X’s token sale on CoinList sold out in less than an hour, raising over $12.5 million.Of the 720,000...
Cryptowisser: Then, Now and What’s Next for NFTs
Non-Fungible Tokens (NFTs) have been around for some time now, with what is recognized as the first-ever NFT “Quantum”...
Scaramucci Says Most Institutional Investors Remain Hesitant to Invest in Crypto: Report
Anthony Scaramucci, the former White House communications director and hedge fund manager of SkyBridge Capital, said the majority of...
Almost a Third of Salvadorans Are Using the Bitcoin Wallet, Bukele Says
Almost a third of Salvadorans are actively using the Chivo bitcoin wallet less than a month after the country allowed the cryptocurrency...
US to pass controversial infrastructure bill: House Speaker
The bill passed in the Senate in August and includes crypto-focused sections on tax reporting US House of Representatives Speaker Nancy...
UNI rallies as Chinese investors turn to decentralised exchanges
Chinese traders are finding it hard to buy cryptocurrencies on centralised exchanges, and they are now turning to the alternative options...
Bitcoin Above $42K Support; Resistance at $46K-$48K
Bitcoin (BTC) buyers defended the $40,000-$42,000 support range over the weekend as selling pressure slows. The cryptocurrency was trading...
China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week
Bitcoin (BTC) is at the start of another week with China’s latest “ban” behind it — but its next “FUD” story is already brewing. The...
Singapore Startup Sells Carbon Neutrality Tokens Backed by Chinese Carbon Credits
Singapore startup Cyberdyne Tech Exchange (CTE) sold its first tranche of carbon neutrality tokens backed by Chinese carbon credits,...
Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa
Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able...
Bitcoin shrugs off Chinese crackdown as BTC bounces above $44k
BTC price regained support above multiple zones amid sustained upside on Monday Bitcoin price is up 7% in intraday trades on Monday after...
Binance to Restrict Offerings in Singapore
Binance, the world’s largest crypto exchange, is about to introduce severe restrictions on its offering to users in Singapore.As of Oct....
Blockchain Startup Swash Raises $4M to Make Data Monetization Click
Swash, a blockchain startup that allows internet users to own their data and earn money from it, raised $4 million in a funding round led...
Cardano invests $100M in NFT, DeFi and Blockchain education
The cryptocurrency space continues to expand, and users need to be educated on the various aspects of the industry Cardano is one of the...
DeFi Tokens PERP, DYDX Lead Crypto Market Higher, Bitcoin Nears $44K
Native tokens of leading decentralized trading platforms are surging as the biggest centralized exchanges Binance and Huobi cut back on...
Inner Mongolia Seizes 10,100 Mining Rigs From Government Tech Park
Authorities in China’s Inner Mongolia province seized 10,100 mining rigs from a government-operated tech park, according to local...
Netflix Announces Documentary About Quadrigacx’s Downfall
Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of...
Kusama price analysis: KSM bounces off major support as bulls target more gains
KSM price has rebounded off horizontal support and is looking to strengthen near the 50 SMA Kusama (KSM) has traded higher over the past...
Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June
A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a...
Cardano’s Commercial Arm to Invest $100M in DeFi, NFTs and Blockchain Education
Emurgo, the commercial and venture arm of Cardano, is investing $100 million to boost decentralized finance (DeFi), non-fungible token...
South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto
A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if...
Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit
As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission...
Ethereum alternatives and layer-1 solutions see steady gains in September
The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers...
Cardano’s Charles Hoskinson Donates $20M to Build Math Center at Carnegie Mellon University
Cardano founder Charles Hoskinson has donated $20 million to Carnegie Mellon University (CMU) to establish the Hoskinson Center for Formal...
Rich Dad Poor Dad’s Robert Kiyosaki Predicts ‘Giant Stock Market Crash’ in October — Says ‘Bitcoin May Crash Too’
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash”...
Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto
The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees...
Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD
China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket...
The Three Kingdoms: The New Era of Play-to-Earn Games
CryptoKitties was the first to bring blockchain gaming to life, and games such as Axie Infinity defined how a good blockchain game should...
China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether
Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive...
UNI Token Rises 20% as China’s Blanket Ban on Crypto Businesses Puts Focus on Decentralized Exchanges
Crypto investors seem to be betting that China’s latest blanket ban on virtual currency businesses will be a blessing in disguise for...
SEC Denies Freedom of Information Act Request Concerning Tether Documents
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he...
DAOs May Be the Future of Work, but Don’t Bet on Them Being the Next Big Asset Class
A growing number of Ethereum enthusiasts believe that decentralized autonomous organizations (DAOs) could be the future of work, cultural...
Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated
The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed...
Ethereum price gets back to $3K as institutional investors pile into ETH futures
Ethereum’s native token Ether (ETH) staged a rebound on Sept. 26 following a massive decline earlier this week that saw its prices...
How Investors Warmed to Chinese Blockchain Builder Red Date
For its investors, Red Date was an acquired taste.With fewer than 200 employees, mostly engineers, Beijing-based Red Date Technology is...
UNI, SUSHI, MKR, Defi Tokens See 24 Hour Double-Digit Gains, Defi TVL Jumps 6% in 2 Weeks
While a number of popular crypto-assets like bitcoin have been consolidating, decentralized finance (defi) tokens have captured...
Is Crypto at a Socio-Regulatory Inflection Point?
This episode is sponsored by NYDIG.Download this episodeThis week’s “Long Reads Sunday” returns to the format’s roots with four threads...
The NFTs Revolution: LuxFi Is Launching Asset-Backed NFT Marketplace for Luxury Assets
Buying a Rolex watch or a Chanel bag with Bitcoins? It becomes possible with LuxFi. With the vision to bridge the gap between real-world...
Huobi to Gradually Expel Its China Users in Wake of Ban; Token Slides to 8-Month Low
Prominent crypto exchange Huobi Global announced on Sunday that it would stop serving existing China-based users by the end of this year,...
Derivatives data suggests Solana has reached a short-term top
Solana (SOL) reached a $216 all-time high on Sept. 9 after rallying 508% since Aug. The bull run caused some analysts to project a $500...
Fantom Launches NFT Marketplace Artion – Platform Aims to ‘Unburden Creators of High Fees’
On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with...
Bitcoin could hit $37K but trader says BTC price top will be ‘number you can’t comprehend’
Bitcoin (BTC) sealed another $40,000 retest on Sept. 26 as the battle for the weekly close raged on. BTC/USD 1-hour candle chart...
Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly...
Introducing MetaWars: A Strategic Blockchain-Based Game in the Metaverse
MetaWars is a highly immersive multiplayer strategy game. With an infinite universe that is established in a digital metaverse, players...
London College Student Robbed at Knifepoint by 8 Thugs for $93K in Bitcoin
Recently a student from the University of Kent in London was robbed at knifepoint for his bitcoin. After eight thugs stormed his dorm room...
Former US Treasury Secretary Larry Summers: Cryptocurrency Will ‘Do Better Regulated’
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency will do better regulated in a...
Cardano Announces Partnerships With Dish Network, Chainlink
Ethereum blockchain rival Cardano and TV and wireless service provider Dish Network said they’ve entered a deal to help Dish integrate the...
Crypto recovers on positive Fed and Evergrande news, then drops amid China FUD; Sorare and Dapper Labs raised a combined $930M: Hodler’s Digest, Sept. 19-25
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government...
LD Capital Establishes $50M FOF for Supporting High-Quality Blockchain Funds Worldwide Including 1kx
PRESS RELEASE. LD Capital announced it established a 50 million US dollars FOF towards supporting high-quality blockchain funds worldwide....
The ‘Feels Guy’ Gets Blockchained — Rare Wojak NFT Project to Launch 4,000 Randomly Generated Wojaks
While Pepe the frog and Doge made it into the limelight with unique and rare non-fungible token (NFT) assets, another NFT meme collection...
China’s BSN Builder Is Registering a Nonprofit in Singapore to Manage International Arm
Red Date Technology, the company developing China’s Blockchain Services Network (BSN), wants the project to move past its government roots...
Art Collectors Swoon Over NFTs at Elite Basel Gathering
Ballers, bling and botox found their way to the Rhine this week as Art Basel finally opened following a 16-month delay. After the...
USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto...
Bitcoin Has an Investment ‘Edge’ Over Other Assets, Says 178-Year Old Economic Magazine – Here’s Why
The historic magazine The Economist is giving Bitcoin high praise, saying that the crypto holds attractive investment advantages over...
Huobi Appears to Have Suspended Mainland Chinese New User Registration
The option of Mainland China in the country/region selection on crypto exchange Huobi’s new user registration page has disappeared...
Life on Bitcoin (2021 Edition)
Join hosts Jonathan Mohan, Stephanie Murphy and Andreas M. Antonopoulos as they reflect on bitcoin’s evolution as a currency and...
US Senator Calls on SEC Chairman to Provide Regulatory Clarity on Cryptocurrencies
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on...
US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity...
Charitable sustainable NFTs for the United Nations’ 17 SDGs
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging...
Weekly Recap: What Happens When S*** Gets Real
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Weekly Recap,” NLW looks at the heightened state of...
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times,...
Bitcoin volatility continues as BTC price closes in on critical weekly close
Bitcoin (BTC) briefly fell below $42,000 on Sept. 25 as the weekend looked set to deliver an unimpressive weekly close. BTC/USD 1-hour...
A Rocky Start for Bukele’s Bitcoin Law — El Salvador After Adoption
The adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However,...
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank...
These 3 NFT Projects Collectively Captured Over $10 Billion in Sales
Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales...
Morgan Stanley’s Executive Likens Bitcoin’s Resilience to Kenny Who Dies in Every South Park Episode
Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series...
All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set...
Bridged Stablecoins on Solana Get a Boost With Mercurial Finance Pools
Mercurial Finance has launched a liquidity pool for Wormhole wrapped stablecoin assets, the decentralized exchange announced Friday....
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles...