Quick Look
Former SEC Official’s Crypto Warning: Regulatory Onslaught Is Just Beginning
The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a...
Bitcoin on-chain and technical data begin to suggest that the BTC price bottom is in
Bitcoin’s (BTC) price has followed a four-year cycle, with consecutive bull and bear trends occurring in somewhat measurable intervals. A...
Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months
After 66 agonizing days, Bitcoin (BTC) price finally broke above the $20,000 psychological resistance on Jan. 14. At the same time, the...
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6%...
Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market
The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto...
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a...
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar....
Bitcoin hits new post-FTX high as analysis warns move ‘choreographed’
Bitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum. BTC/USD 1-hour...
Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
Risk assets have started the new year on a strong note. The S&P 500 (SPX) and the Nasdaq closed in the positive for the second...
Biggest Movers: XMR, DOT Move Higher, Rebounding From Recent Declines
Monero rebounded from recent losses on Tuesday, as the token attempted to recapture recent highs. The move comes as U.S. markets reopened...
How to resurrect the ‘Metaverse dream’ in 2023
2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the...
‘To the moon’ or ‘total crash’? Bitcoin price hits new 4-month highs
Bitcoin (BTC) spiked higher around the Jan. 17 Wall Street open as nervous analysts waited for further cues. BTC/USD 1-hour candle chart...
2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week
The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at...
Alchemy Pay (ACH) price forecast after jumping 50% in one day
ACH/USD jumped 50% in one trading day A falling wedge pattern supports the bullish case The risk of a false breakout remains The...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000, Following Strong Chinese GDP Figures
Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures....
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
Vueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology...
GALA crypto price gains steam after new token burn news
GALA price has surged by over 250% from the lowest point in December. The developers are working on the Meow NFT Match. Gala crypto price...
Bitget Becomes the First CEX to Launch Copy Trading in The Spot Market
PRESS RELEASE. (Victoria, Seychelles, 17 Jan 2023) – Leading crypto derivatives exchange Bitget announces to be the first exchange...
WEF Predicts Metaverse Tech Will Change Industry First, Moving to the Consumer Space Later
The World Economic Forum (WEF) has published an article predicting how metaverse tech will evolve and how it will be introduced in...
Crypto mining stocks surge to yearly highs after Bitcoin bounces back
The Bitcoin (BTC) price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their...
Tanzanian Central Bank Adopts ‘Phased and Risk-Based Approach to Adoption of CBDC’
After months of research, the Tanzanian central bank announced recently that it had chosen a more cautious and risk-based approach towards...
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other...
Opinion: 2023 is a ‘buidl’ year for crypto gaming
2022 was a huge year for the play-to-earn (P2E) gaming scene. An influx of capital and users was followed by a sharp downturn in...
Opinion: The Inter-Blockchain Communication Protocol will end ecosystem maximalism
When I entered crypto, I succumbed to the contest between blockchain ecosystems, believing one had to be “better” than others. I have...
DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities...
BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst
Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin (BTC) could be developing a “bottom” in the same...
Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network
Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol....
Bitcoin could see $25K by March 2023 as US dollar prints ‘death cross’ — Analysis
Bitcoin (BTC) shows the potential of stretching its ongoing price recovery to $25,000 by March, based on a mix of bullish technical and...
Bitcoin vs Ethereum: Community split between capped supply and deflationary model
Bitcoin (BTC) and Ether (ETH), the top two cryptocurrencies by market capitalization, have always been pitted against each other. With the...
Bitcoin price breakout or bull trap? 5K Twitter users weigh in
Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.” After delivering...
Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork
According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,000 as of Jan. 12, 2023. The validator...
Binance Launches Off-Exchange Settlement Solution ‘Binance Mirror’ for Institutional Clients
The largest crypto-asset exchange by global trade volume, Binance, announced that its custody business has launched an off-exchange...
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the...
California cannabis producer adopts blockchain to track its weed
A California-based cannabis nursery has turned to blockchain and smart contracts to verify the authenticity of its medicinal plants. The...
Cross-border crypto scammers on the hit list for EU agencies
By the end of 2022, scammers shifted their focus to duping crypto investors who desperately tried to recoup their year-long losses. An...
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from...
Leading Crypto Tax and Accounting Provider Ledgible Unveils New Design
PRESS RELEASE. Ledgible, the leading digital asset tax and accounting solution for institutions, professionals, and investors unveils a...
Biggest Movers: SOL, SHIB Remain Near Multi-Month Highs, Despite Market Consolidation
Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves,...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Recent Highs
Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. Traders have...
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its...
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18
Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token...
Nexo investigation is not political, Bulgarian prosecutors say
Siika Mileva, a spokesperson for Bulgaria’s chief prosecutors, denied political motivations behind the probe against the crypto lending...
BTC price cancels FTX losses — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week at new 2023 highs, but still divides opinion after a blistering price rally. In what is shaping up to be...
Cornell Professor Warns of Disruption to US Bond Market From Potential Collapse of Major Stablecoin
A professor from Cornell University has warned about the potential effects a collapse of a major stablecoin could have on the U.S. bond...
Korean Court Orders Crypto Exchange to Pay Customers Suffering From Service Outage
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages...
Report: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime
The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The...
Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’
India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank...
Nexo investigation is not political, says Bulgarian prosecutors
Siika Mileva, a spokesperson for Bulgaria’s chief prosecutors, denied political motivations behind the probe against the crypto lending...
Bitcoin Network’s Mining Difficulty Rises to All-Time High, Making Block Discovery More Challenging
Bitcoin’s mining difficulty printed a record increase on Jan. 15, 2023, rising 10.26% to 37.73 trillion at block height 772,128....
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2)...
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be...
Report: Nigeria Debt Management Office’s $48.8 Billion Debt Contravenes the Law Says Expert
The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2...
5 altcoins that could breakout if Bitcoin price stays bullish
The cryptocurrency markets have made a strong comeback in the past few days. That drove the total crypto market capitalization to $995...
NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales
Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week....
Bitcoin fails to convince that bottom is in with $12K ‘still likely’
Bitcoin (BTC) may be circling its highest levels in months, but few are convinced that the bull market is back. Ahead of a key weekly...
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
The former president of FTX US, Brett Harrison, published a 49-part Twitter thread explaining why he left the firm and his relationship...
The aftermath of LBRY: Consequences of crypto’s ongoing regulatory process
The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their...
Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam...
Ukraine’s Tascombank Pilots Stellar-based E-hryvnia
Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on the Stellar...
Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning Attacks
To avoid becoming victims of an address poisoning attack, Metamask wallet users should ditch the practice of copying and pasting wallet...
How to connect the Avalanche network to MetaMask?
One of the main properties advanced in blockchain technology is interoperability, the art of different blockchains communicating with one...
Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows
A survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by...
Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed
Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations...
US Lawmakers Create ‘Congress’ First Ever’ Digital Assets Subcommittee
U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services...
Can Canada stay a crypto mining hub after Manitoba’s moratorium?
Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing...
SEC Chairman Warns Most Crypto Will Fail — Says ‘Don’t Get Caught up in FOMO, Fear of Missing Out’
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail. He has...
Polygon Announces Upcoming Hard Fork to Address Gas Spikes and Chain Reorganizations
The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network...
SBF denies stealing FTX assets, SEC charges Gemini and Genesis, and more: Hodler’s Digest: Jan. 8-14
Top Stories This Week Sam Bankman-Fried: ‘I didn’t steal funds, and I certainly didn’t stash billions away.’ In a “pre-mortem overview” of...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief...
Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations
Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit....
Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets
Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender...
Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains
Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets...
Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda
The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published...
Bitcoin, Ethereum Technical Analysis: BTC Above $21,000 as ETH Hits Fresh 2-month High
Bitcoin surged to a fresh two-month high on Jan. 14, as crypto markets were significantly higher on Saturday. The world’s largest...
Polygon tests zero-knowledge rollups, mainnet integration inbound
Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk-Rollups) technology...
DMCC Crypto Centre Surpasses 500 member companies in 2022
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that...
El Salvador Approves Digital Assets Issuance Law
The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue...
Decentralized social media a game changer for creator monetization — Web3 exec
The idea of decentralized social media platforms continues to gain significant traction, with users becoming increasingly concerned with...
DeFi was the most attacked ecosystem in 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
3 blockchain use cases that extend beyond crypto
Blockchain use cases have expanded far beyond cryptocurrency in recent years, with multiple industries embracing the technology in a wide...
Bitcoin price rally over $21K prompts analysts to explore where BTC price might go next
After Bitcoin (BTC) hit a yearly high of $21,095 on Jan. 13, where is it headed next? Bitcoin is currently witnessing an uptick in bullish...
Bitcoin price blasts past $21K as 3-day short liquidations near $300M
Bitcoin (BTC) continued a stunning comeback on Jan. 14 as $21,000 appeared for the first time since early November. BTC/USD 1-hour candle...
Bill Gates Props Up AI Against Metaverse and Web3 Tech
Bill Gates, the co-founder of Microsoft, has given his opinion about the relevance of Web3, metaverse, and AI (artificial intelligence), a...
Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme
More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the...
Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote...
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and...
Bitcoin price wants to retest 2017 all-time high near $20K — Analysis
Bitcoin (BTC) stayed near $19,000 at the Jan. 13 Wall Street open as traders hoped a week of swift gains would stick. BTC/USD 1-day candle...
Price analysis 1/13: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
Bitcoin (BTC) rose above $19,000 on Jan. 12, the highest level since Nov. 8. Although a bull market may not start in a hurry, Glassnode...