Quick Look
Ripple CEO: XRP lawsuit resolved by June, SEC conduct ’embarrassing’
Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange Commission (SEC) will be finalized...
CFTC commissioner: Crypto exchanges shouldn’t ‘self-certify’ tokens
A commissioner from the Commodity Futures Trading Commission (CFTC) has called on Congress to stop allowing cryptocurrency exchanges to...
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the...
Price analysis 1/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
The United States producer price index (PPI) fell 0.5% for the month, which was much more than the 0.1% decline estimated by economists...
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market...
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the...
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an...
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’...
Ethereum price rally under question after ETH slams into resistance at $1.6K
Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some...
Bitzlato kept a low profile, but did not go entirely unnoticed before DOJ action
Noncustodial peer-to-peer crypto exchange Bitzlato was little known to some before the United States Department of Justice (DOJ)...
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company...
SHIB price preps for 75% boom as Shiba Inu teases L2 blockchain launch
Shiba Inu is hoping to become more than just a Dogecoin (DOGE)-inspired memecoin as it comes closer to launching its layer-2 network...
Bitcoin sees new 4-month high as US PPI, retail data posts ‘big misses’
Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of...
Bitzlato and its founder face enforcement actions from US authorities
The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato...
Bitcoin and Ethereum correct amid Bitzlato takedown, tech layoffs and economic worries
Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred...
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam...
CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Friendly Services
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users....
Biggest Movers: SHIB Surges to Fresh 2-Month High on Wednesday
Shiba inu surged to a multi-month high on Wednesday, as the meme coin collided with a key price ceiling. Prices rose by as much as 17% in...
Bitcoin inches closer to a 10-year record, as other stats turn bullish
The world’s first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price...
Crypto Mason’s death threats from maxis: Hall of Flame
Name: Mason Versluis — aka “Crypto Mason” Anonymous: No Twitter followers: 146.2K Known for: Garnering over 1 million followers on social...
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators...
Bitcoin, Ethereum Technical Analysis: BTC Hits Highest Point Since September
Bitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail sales data. This afternoon’s...
Coinbase terminates Japan operations, why is share price still up 50% in two weeks?
Key Takeaways Coinbase is halting all operations in Japan, citing “market conditions” Last week it cut 20% of its workforce,...
Sao Paolo Court Ruled Against Binance in User Withdrawal Related Case
A court in Sao Paolo, Brazil, ruled against Binance in a case in which the leading cryptocurrency exchange faced a withdrawal-related...
Ethereum price targets $2k as fear and greed soars
Ethereum price has been in a strong bullish trend in the past few days. The fear and greed index has moved to the greed zone. Ethereum...
Exciting New Gaming-Focused Blockchain Neon Link Successfully Launches January 2023
PRESS RELEASE. LONDON, ENGLAND – January 18th, 2023 – Neon Link, a new blockchain and ecosystem, is about to launch on mainnet in Q1 2023....
Shiba Inu price prediction ahead of Shibarium launch
Shiba Inu price went parabolic on Wednesday as it reached a high of November. The developers wrote about the upcoming Shibarium launch....
Will Bitcoin price crack $22K? Dollar weakness, Bank of Japan easing boost hopes
Bitcoin (BTC) faced a potentially volatile day on Jan. 18, with multiple macro triggers beginning to unsettle the outlook. BTC/USD 1-hour...
Half a billion dollars of short sellers liquidated in biggest crypto rally in 9 months
Key Takeaways The cryptocurrency market cap is back above $1 trillion following the biggest surge in 9 months Half a billion dollars...
Dogecoin carbon emissions down by 25% following Elon Musk collaboration
Research shows that Dogecoin (DOGE) was the only memecoin in 2022 to proactively reduce its carbon footprint — a key metric for mainstream...
Is it safe to buy Bitcoin amid trading above 20k for the first time since November?
Bitcoin hodlers felt a bit of relief recently. After making a new all-time high in 2021, Bitcoin entered the bearish market territory and...
Shanghai Metaverse Pilot Introduces Digital Services in 20 Urban Locations
The city of Shanghai is bringing metaverse activities to 20 urban locations, that will allow citizens to use digital tools in different...
‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come
Unregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and...
Crypto stocks surge: Coinbase up 69%, MicroStrategy up 74% since lows
The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including...
Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order...
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund...
Number of devs increased during crypto winter: Electric Capital report
The notion that bear markets are good for builders appears to be true with the total number of monthly active Web3 developers increasing...
BIS Economists Recommend 3 Crypto Policies for Regulators Worldwide to Adopt
Economists at the Bank of International Settlements (BIS) have recommended three policies regulators worldwide could adopt in order to...
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)...