Quick Look
IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate...
Bitcoin sell-off likely played a key role in boosting Gold’s appeal
May was a testing time for cryptocurrencies like Bitcoin (BTC). The flagship digital asset was already wobbling after rallying to nearly...
Skybridge Capital Says Bitcoin Still Has More Upside Than Gold
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting...
British Asset Manager Ruffer Bags $1.1 Billion Profit From Bitcoin
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says...
Rogue states dodge economic sanctions, but is crypto in the wrong?
When the United States first began going after crypto companies for violating its economic sanctions rules, it didn’t exactly start with a...
Bitcoin price nears $30K as estimates reveal $19K support floor
Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent....
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven...
Kraken’s Jesse Powell Doubles Down on Huge Year-End BTC Price Prediction
Daily Hodl Jesse Powell, CEO of crypto exchange Kraken, is doubling down on his huge year-end price prediction for Bitcoin...
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows...
Asian hedge fund managers favor growth over Bitcoin: Goldman Sachs survey
Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but a Goldman Sachs...
Ethereum bull trap? ETH price signals breakdown versus Bitcoin
A recent run-up in Ether (ETH) prices against its top rival Bitcoin (BTC) appears to be at the risk of exhaustion even as analysts see the...
Bitcoin will dip to $25K if this trader’s 20% crypto crash forecast comes true
Bitcoin (BTC) is heading for “absolute carnage” which will result in a trip to around $25,000, a popular trader has warned as...
Celebrating Upland’s Genesis Week With a Big Bitcoin Giveaway
Upland.me is a blockchain-based game in which users can buy, sell, and trade virtual NFT properties mapped to the real world. By becoming...
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last...
Polkadot’s Parachain Vision Materializes Following Successful Kusama Auction
After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already...
Bitcoin price due for break below $30K, trader warns, after 9% daily loss
Bitcoin (BTC) traded worryingly near $30,000 support on Tuesday amid fresh predictions of incoming lows. BTC/USD 1-hour candle chart...
Kenyan Banks Warn Clients Against Crypto Trading
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated...
Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an...
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has...
Take Back the Internet With Crypto: Pocketnet Offers 4 Free Live Educational Sessions
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized...
21shares to Launch Bitcoin ETP for Institutional Investors in the UK
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in...
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction...
Theta and Theta Fuel (TFUEL) soar ahead of June 30 mainnet launch
Major protocol upgrades can play a significant role in altcoin rallies regardless of the state of the wider cryptocurrency market because...
Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to...
Bitcoin price is fragile, but on-chain data points to fresh accumulation
The May 19 crypto market sell-off saw $1.2 trillion in value erased from the total market capitalization as the froth and excess leverage...
Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth...
FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers
U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets...
Crypto Twitter says Bitcoin shorts are increasing, but data shows otherwise
Margin trading allows investors to borrow stablecoins or cryptocurrency to leverage their position and improve the expected return. For...
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in...
El Salvador Offers No Capital Gains Tax, Permanent Residence to Crypto Entrepreneurs
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a...
Price analysis 6/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
United States Treasury Secretary Janet Yellen defended President Joe Biden’s latest massive spending package while speaking to Bloomberg....
While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan
On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas...
Small countries are punching above their weight in terms of Bitcoin gains
Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing...
No, Bitcoin is not ‘technobabble’
Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to...
US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency...
Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized...
MicroStrategy stock slides after announcing new $400M debt raise to buy Bitcoin
A lackluster balance sheet, excessive debt load and over-leveraged exposure to Bitcoin have crashed MicroStrategy stock by more than 63%...
Bitcoin.com Games Player Gets Lucky Big Time, Wins 5 BTC on Popular Online Slot
Player cashes out approximately $180,000 after winning it on Sun of Fortune: Hold the Jackpot! Multiple Wins Result in a Total Bank of...
Microstrategy Selling $400M Bonds to Buy Bitcoin — Holding to Exceed 100,000 BTC
Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured...
FinNexus Cross Chain DeFi Project – Where to Buy FinNexus coin
FinNexus has seen a price increase of 100% over the last week due to it trending recently. FinNexus, the cross-chain DeFi options platform...
Infosys Chairman Advocates Regulation of Crypto Assets as Commodities in India
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto...
Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%
Bitcoin (BTC) bulls should brace for a potential onslaught from bears as the number of margined short positions on Bitfinex jumps by a...
Jigstack (STAK) Token Is Now Listed on Bitcoin.com Exchange
PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of STAK, being available to trade on the 7th June 2021 at 10:00AM...
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
Bitcoin (BTC) begins another week below $40,000 but with two major new landmarks under its belt. After falling over continued FUD from...
Out of Thousands of MIT Students That Got Free Bitcoin in 2014 – 6 Year Holders Saw 13,000% Gains
Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100...
Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says
New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign...
Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance
Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country...
Unsure about buying the dip? This key trading indicator makes it easier
When an asset enters a bear phase and the headlines are negative, analysts project further downside, and the sentiment shifts from...
Bitcoin FOMO and Paul Tudor Jones Led Stan Druckenmiller to Invest Millions in BTC
Billionaire Stanley Druckenmiller has shared how he got into bitcoin and it involved famed hedge fund manager Paul Tudor Jones. When...
Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’
The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt...
Goldman Sachs Survey: Chief Investment Officers Say Bitcoin Is Their Least Favorite Investment
Investment bank Goldman Sachs recently held two roundtable sessions for chief investment officers of hedge funds. The bank found that they...
Bitcoin Miami mania, Dogecoin bounces back, Eth2 woes: Hodler’s Digest, May 30–June 5
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Clean Water Nonprofit Reveals Celebrity-Fueled Bitcoin Water Trust Initiative
On Friday, the well known nonprofit charitywater.org announced the launch of a celebrity-funded Bitcoin Water Trust initiative. The trust...
TimeCoin(TMCN) Combines NFT and DeFi, VTuber & Game Player Matching Service
PRESS RELEASE. TimeCoinProtocol is the decentralized sharing economy protocol which aims to optimize world resource usage. Various...
National Court of Spain Suspends John McAfee Extradition Hearing
The National Court in Spain has suspended the hearing destined to deal with the extradition request that John McAfee, the well known...
Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, THETA
When the sentiment in the market turns bearish, every bit of negative news, however insignificant, pulls the price down as traders panic...
US Pharmacy Chain Pharmcorx Accepts Cryptocurrency for Fast Covid Testing
Progressive Care, a company that operates a chain of pharmacies in the United States, has announced it’s now accepting...
Square Takes a Swipe at the Bitcoin Energy Debate With $5 Million Solar Mining Investment
As the conversation about Bitcoin’s energy consumption reaches a fever pitch, Jack Dorsey’s payment provider Square has...
Green Bitcoin: The impact and importance of energy use for PoW
While writing the world’s most famous white paper, Satoshi Nakamoto defined the Bitcoin (BTC) mining process. It was established...
G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital...
Tony Hawk Purchased Bitcoin in 2012 After Reading About the Silk Road Marketplace
Tony Hawk, the American professional skateboarder often referred to as ‘Birdman,’ discussed bitcoin at the Bitcoin 2021...
GBTC premium stays negative, suggests Bitcoin price sentiment still low?
Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently...
Vulcan Forged Launches NFTs Designed by the Godfather of Fantasy Art
PRESS RELEASE. Vulcan Forged has secured IP rights to several artists’ work to bring fantasy-themed NFTs to the VulcanVerse....
Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion
Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the...
Shanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central...
African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C...
‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian Cities
An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s...
Earn up to 50% APY by Staking $GLQ on GraphLinq App
PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ...
Anonymous Targets Elon Musk for Destroying Crypto Holders’ Lives, Trying to Control Bitcoin
The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more...
Miami Mayor Confident Crypto Regulatory Issues Will Be Resolved — Says ‘Buy the Dip’
The mayor of the U.S. city of Miami, Francis Suarez, explains how he plans to make his city the capital of bitcoin. He believes that...
The NFT bubble may have popped, but the sector is still primed for expansion
Nonfungible tokens (NFTs) took the world by storm in March and April of this year with an onslaught of daily headlines about...
Why Bitcoin’s next breakout may not be an altcoin season signal
On April 14, Bitcoin (BTC) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed...
‘Bitcoin Going to the Moon’ — Bitmex Sending Physical Bitcoin to Lunar Surface in Q4
Cryptocurrency exchange Bitmex is sending bitcoin to the moon. A one-of-a-kind physical bitcoin will be minted and delivered to the moon...
El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week
At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he...
FTX Lands Naming Deal With Esports Giant TSM for $210 Million
On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The...
Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’
The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was...
SHIB vs. DOGE – Who Is the Top Dog in Crypto Land?
Over the last few months two distinct dog cryptocurrencies, shiba inu and dogecoin, have been making waves within the crypto economy....
New Crypto Asset Hits $593,000,000 Market Cap at Launch – Here’s the Buzz on Mina Protocol
Daily Hodl Novel blockchain platform Mina Protocol (MINA) has captured nearly $600 million in valuation shortly after its launch. The...
Bitcoin drops below $36K as century-old financial model predicts big BTC crash
Overconfident Bitcoin (BTC) bulls would need to battle more than just Elon Musk as a price prediction model — created by technical analyst...
Forecasting Bitcoin price using quantitative models, Part 3
This is Part Three of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One...
De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund
Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow...
Lawsuit Accuses Korean Crypto Exchange of $3.5 Billion Scam, Tens of Thousands Defrauded
A class action lawsuit has been filed in South Korea accusing cryptocurrency exchange V Global of defrauding investors. The police...
Norton Crypto Mining: Antivirus Software to Mine Cryptocurrency
Norton has added a cryptocurrency mining feature to its antivirus software. Users will be able to mine ethereum while their computers are...
Popular Philippine Mobile Wallet Gcash Explores Letting Users Buy, Sell, Store Cryptocurrencies
A popular mobile wallet in the Philippines, Gcash, is considering offering its users the ability to buy, sell, and store cryptocurrencies...
Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’
Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came...
AquaGoat: Saving the Oceans One EcoCoin at a Time
AquaGoat is an ecological social cryptocurrency with a purpose: saving the planet’s oceans. AquaGoat aims to help fund and donate to...
Amundi Executive Pascal Blanque Calls Cryptocurrencies a Farce
Pascal Blanque, CIO of Amundi, one of the biggest asset managers in Europe, has stated that bitcoin and other cryptocurrencies are a...
To IPO or Not to IPO? SPAC is the question
An initial public offering is the classic way to take a company public, but many crypto companies bypass the regulatory scrutiny with a...
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio
Welcome to Cointelegraph Market’s Altcoin Roundup, an in-depth newsletter that focuses on investing from the perspective of fundamental...
Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods
Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to...