Quick Look
Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of...
Market enters a ‘wait-and-see phase’ as Bitcoin struggles below $40,000
Price action for Bitcoin (BTC) and the wider cryptocurrency market was relatively subdued on May 27 as nervous traders remain unsure of...
$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics...
Shield Protocol: Tokenomics for a Trustless and Long-Term Value Decentralized Network
Like Bitcoin, DeFi’s ambition to build a fully decentralized global network is the fundamental source of its revolutionary...
Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin
On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an...
Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
Trading volume — the amount of an asset that changed hands over a given period — is one of the key metrics that investors use to track...
3 ways traders use moving averages to read market momentum
The first step to successful trading is the identification of medium and the short-term trends. Traders who remain on the right side of...
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first...
White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning...
Bitcoin tackles $40,000 as Biden unveils new $6 trillion federal spending budget
Bitcoin (BTC) may get a boost to finally clear $40,000 at the expense of the U.S. dollar as United States President Joe Biden’s new...
Cryptocurrency Mining Banned in Iran as Blackouts and Power Shortages Intensify
Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will...
Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown
During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board...
Number of Bitcoin wallets holding 100–1K BTC soars after Tesla’s $1.5B buy-in
The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early...
Lack of knowledge is main barrier to crypto adoption, new survey says
Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the...
GamerHash (GHX) Token Is Now Listed on Bitcoin.com Exchange
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of GHX, being available to trade on the 27th May 2021 at 10:00AM...
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the...
Chia Is Eyeing to Launch an IPO This Year
Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to...
Little Green Mining Hood or the Big Bad Wolf: Musk’s Sustainability Play
Recent announcements and actions by Elon Musk surrounding bitcoin mining sustainability raise questions about the reasoning and...
Chinese Traders Still a Major Influence the Crypto Market, According to Experts
Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to...
South Africa Reserve Bank Commences Retail CBDC Feasibility Study
The South African Reserve Bank (SARB) says it has commenced a feasibility study for a general-purpose retail central bank digital currency...
Public Company TechX Technologies Is Making Significant Acquisitions in the Crypto Industry
TechX Technologies is a publicly traded company headquartered in Vancouver, Canada. TechX is listed on the Canadian Securities Exchange...
Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the...
Mark Cuban Reveals Stake in Ethereum Layer 2 Scaling Solution Polygon
Famed American entrepreneur and investor Mark Cuban has divulged a strategic investment in Polygon, highlighting his own use and embrace...
Bitcoin bears dominate Friday’s $2.1B BTC options expiry with a $585M lead
A total of 53,400 Bitcoin (BTC) options are set to expiry on Friday, May 28. At first sight, bulls appear to lead as the $2.1 billion open...
Analyst says DeFi and stablecoins held up well as crypto markets imploded
The decentralized finance (DeFi) sector faced its first real challenge during last week’s market sell-off that saw more than $1 trillion...
Guggenheim CIO Scott Minerd Predicts More Bitcoin Sell-Off but Remains Bullish Long Term
The chief investment officer of Guggenheim, Scott Minerd, has predicted more sell-off for bitcoin. He also warned that it will take a...
Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless
The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless.” He...
Altcoins soar while Bitcoin and Ethereum price stall near key levels
On May 26 the the bullish momentum that had propelled Bitcoin and altcoins into a relief rally was somewhat subdued as traders remain...
Ontario Securities Commission Snuffs out Crypto Exchanges, Poloniex Targeted for Flouting Compliance
The Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has...
Dropping Today: Floyd Mayweather Jr.’s Legacy NFT Collection Available Now on Rarible
PRESS RELEASE. Legendary boxer and sports icon, Floyd Mayweather Jr.’s first ever NFT collection is officially available on Rarible....
Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner...
Price analysis 5/26: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, ICP, UNI, BCH
A strong bull market tends to attract speculators and newbie traders who hop on to the rally with an aim to get rich quickly. In their...
Analyst Expects Bitcoin to ‘Grind Down’ to $15K, With a ‘Periodic Dead Cat Bounce’ Along the Way
An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time...
Biden Administration Looking to Increase Cryptocurrency Oversight to Protect Investors, Prevent Illicit Transactions
The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent...
3 convincing signs the Bitcoin bears have stopped selling
The price of Bitcoin surged higher on May 26, breaching the $40,000 level for the first time in five days as traders brushed aside...
UK Bans ‘Time to Buy’ Bitcoin Ads on Buses and Underground for Being Misleading
The British Advertising Standards Authority (ASA) has banned a bitcoin ad campaign put up across the London Underground network and on...
US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of...
UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advert
A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin...
ABEYCHAIN 2.0: Driving the Next Generation Blockchain Ecosystem
Scalability is one of the problems facing public blockchains like Bitcoin and Ethereum. This is because their architecture is not...
Bitcoin price volatility hits 2021 high as one analyst paints $15,000 target
The current cryptocurrency market scenario is only for traders who have an extremely high appetite for risks. But for the faint of heart,...
Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game
Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new...
Bitcoin price rebounds to $40K, Ethereum nears $3K: Is a bigger crypto rally looming?
The price of Bitcoin (BTC) has surpassed $40,000 on May 26, breaking above a key sell area for the first time in five days. Traders expect...
Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few...
Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan
Shenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be...
Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies...
Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’
Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his...
Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’
Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin. The billionaire investor said that “It likely doesn’t have...
Amid rising stablecoin inflow, cautious traders fear a dead cat bounce
The recent extreme volatility in the cryptocurrency market following Bitcoin’s (BTC) dip to $30,000 and the recovery to $38,000 has...
Shark Tank’s Kevin O’Leary Expects Flood of Institutional Money Into Bitcoin When ESG Standards Are Met
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once...
Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out”...
Here are 2 key price indicators every crypto trader should know
Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the...
Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE
Data shows that AAVE and Polygon (MATIC) traders are currently being paid up to 4.3% per week to long future contracts. In the crypto...
Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money...
Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic...
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when...
Korea’s crypto market is among the strongest — and the strangest — in the world
On a day in which Bitcoin crashed briefly to $30,000 in a rampant bear market, the leading cryptocurrency never got anywhere close to that...
Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities...
Gold hits four-month high following crypto crash
In the aftermath of the Mid-May crypto market sell-off, gold has seen significant price recovery. Gold prices continued to inch higher on...
JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside
Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight...
The importance of block sizes, and the rise of off-chain solutions
The cryptocurrency sector has undergone a seismic shift in recent years as retail investors and publicly listed companies make their way...
Historically accurate Bitcoin metric suggests BTC price has bottomed out
As the price of Bitcoin (BTC) is attempting to establish support at $37,000 on Tuesday, the recent $30,000 lows may have been the bottom,...
Bitcoin price must now hold this key level to regain $40K
Bitcoin (BTC) prices pulled back on May 25, wiping a small portion of the gains it had made during the previous session amid another day...
Can blockchain ever be part of the solution for tackling climate change?
Elon Musk captured the world’s attention when he declared that Tesla would no longer accept Bitcoin as a payment method, citing the...
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining...
Bitcoin Games Launches Live Casino Tournament, One Player to Win $5,000 in BTC
$5,000 top prize for a single player to claim in ‘Winner Takes it All’ live casino tournament! One Week. One Prize. One...
Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework
Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory...
RemiBit: The One-Stop Crypto Solution for Merchants Is Available Now
The payment industry has gone through a revolution in the last few years. Among its most evident examples are international commerce and...
‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise...
Bank of Korea Seeking Technology to Develop Digital Currency
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a...
USDC Attestations Run Late, Raising Alarms in the Crypto Community
USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that...
Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market
Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in...
Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies
Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized...
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to...
DeFi Yield Protocol (DYP) Launches Decentralized Tools Dashboard
Yield Farming protocol DYP has launched its long-awaited DYP Tools. DYP Tools V1 is a decentralized tools dashboard built with features...
Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability
Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper...
Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported...
Goldman Sachs: Bitcoin Is Now Considered an Investable Asset, Clients Are Treating BTC as New Asset Class
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new...
US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep...
South Korea’s ‘Kimchi Premium’ Returns, BTC Prices Up 8% Higher Than Global Average
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the...
Bitcoin Mining Operations Btc.top and Hashcow Cease Offering Services in China
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have...
African Crypto Exchange, Quidax Raises 7,772 BNB on the Worst Day of Crypto in Less Than 48 Hours
PRESS RELEASE. On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from...
HSBC Won’t Launch Bitcoin Trading Desk, CEO Says Bank Has No Plans to Offer Cryptocurrency Investments
HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO...
Comparing the True Costs of Gold Mining in Africa With Those of Bitcoin Mining
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the...
Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption...
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment....
Amid Stern Warnings from China Crypto Firms Huobi and Okex Halt a Few Services
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic...
Best Goal Scorer at Euro Soccer Championship to Get NFT Trophy From Gazprom
The player with the best goal at Europe’s international soccer championship this summer will be awarded a special prize. European...
Nobel Laureate Paul Krugman Quits Predicting Bitcoin’s Demise, Now Says BTC ‘Can Survive Indefinitely’
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests...
BTC Supporters Call Price Drop a Mid-Bull Run Break, 2021 Bitcoin Chart Pattern Similar to 2013 Bull Run
After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run...