Quick Look
Twitter Begins Mass Layoffs — Elon Musk Says ‘No Choice’ Citing $4M Loss per Day
Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no...
Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets
Global investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coin Metrics to help investors analyze...
Musk continues Twitter overhaul, Instagram to host NFT tools and JPMorgan makes public blockchain trade: Hodler’s Digest, Oct. 30-Nov. 5
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate...
New Digital Collectible Collections Art Gobblers and Keepers Propel NFT Sales 56% Higher This Week
Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the...
Dogecoin Jumps 116% Higher in 2 Weeks, King of Meme Coins Outperforms Leading Crypto Assets
Dogecoin, the king of meme coins, has been one of the best performing crypto assets during the last 30 days and ever since Elon Musk took...
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day...
What is crypto copy trading and how does it work?
Cryptocurrency trading is a complex skill requiring extensive knowledge of fundamental and technical analysis and the cryptocurrency...
Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson
The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains...
Bitcoin is now less volatile than S&P 500 and Nasdaq
Bitcoin (BTC) held gains above $21,000 into Nov. 5 as the U.S. dollar posted a rare major daily decline. BTC/USD 1-day candle chart...
Automation opens up pathway to a simplified, more user-friendly DeFi
Few doubt the potential that DeFi has to redefine crucial aspects of finance for all. But, as it stands, using DeFi platforms and...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently...
Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every...
Traders expect 200% upside from MATIC, but does Polygon network data support that?
In the past year, Polygon (MATIC) has focused on growing their list of high-profile partners which includes luminaries like Disney,...
JPMorgan executes first DeFi trade on a public blockchain: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Is Bitcoin bullish or nah? Here is what is really going on with BTC price
Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve....
Ethereum inches even closer to total censorship due to OFAC compliance
Considering that protocol-level censorship is deterrent to the crypto ecosystem’s goal of highly open and accessible finance, the...
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin...
Report: Over 30,000 Nigerians to Learn About Blockchain From Government Agency
Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over...
7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible
Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re...
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching...
White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he...
MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of Cryptocurrency Under the TRUST Framework
PRESS RELEASE. On October 31st, the cryptocurrency trading platform MEXC announced that it had reached a cooperation with Coinbase to...
Inflation is killing us; cryptocurrency alone cannot beat it
Much like a pandemic, inflation has spread throughout the world, clouding the future with dark uncertainty. Disagreement over how to best...
Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that...
Formula One Team Haas F1 to Mint Branded NFTs With Opensea
U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As...
Dogecoin trader explains why shorting DOGE now makes sense
Dogecoin (DOGE) has surged nearly 100% quarter-to-date (QTD) on hopes that Elon Musk would integrate the token onto the Twitter platform....
Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs
Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall. BTC/USD 1-day candle chart...
How to transfer $1 billion for basically free: Bitcoin whale watching
Billionaires, take note. It’s one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user...
‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses...
Chainlink is about to pull a bullish trigger. Here is what could happen next
For yet another time, Chainlink (LINK/USD) is showing that it is punching below its knees. LINK has been trading within a tight range,...
BNB nears a “Golden Cross” as the token confirms another breakout
Binance native token (BNB/USD) price has hit a new level. At $352, BNB is trading at the highest level since May 09, 2022. That comes...
Chinese Government Releases VR Research Plan Including Metaverse and Odor Simulation
The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the...
Lbank’s Successful Web Summit Lisbon Exhibition, Free to Ride Campaign, and More
PRESS RELEASE. INTERNET CITY, DUBAI, LISBON, Nov. 4th, 2022 – Global crypto exchange, LBank, joined Web Summit Lisbon in Portugal as a...
Polygon’s MATIC clears resistance on Meta news. Here is the next potential target
It is another good day for Polygon (MATIC/USD). CoinJournal reported that tech giant Meta would use Polygon for its digital...
WeSleep Unveils its ‘Sleepie’ NFTs
Vilnius, Lithuania, 4th November, 2022, Chainwire Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a...
Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’
During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the...
Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source:...
Web Summit Lisbon, Nov. 4: Latest updates from Cointelegraph’s ground team
Welcome back to day three of the Web Summit, one of the world’s leading tech conferences with over 71,000 attendees on the third day....
Biggest Movers: MATIC Moves to 6-Month High, ATOM up 10%
Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their...
4 Years After the 2017 Law Enforcement Takedown, Alphabay Is Once Again the King of Darknet Markets
Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned in August 2021,...
Elon Musk faces class-action suit over mass Twitter layoffs
Amid Twitter beginning mass layoffs, the company employees are launching a class-action lawsuit against the new Twitter CEO, Elon Musk....
Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, as NFP Report Looms
Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that...
Crypto price predictions: PERP, SOL, BRISE
Cryptocurrency prices had a relatively strong week as demand for some coins remained at an elevated level. Bitcoin remained steady at...
Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator
The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in...
Cardano price prediction: How safe is ADA?
Cardano price has staged a strong comeback in the past few weeks as demand for the coin rose. ADA was trading at $0.4088, which was about...
Mapping out SevenX Ventures Investment Portfolio
SevenX Ventures, a crypto investment fund focused on early-stage blockchain projects in Asia, has built over 80 public investment...
Brazilian Securities Regulator CVM Might Create a Supervision Unit to Deal With Crypto Markets
On Nov. 1, The Brazilian Securities Regulator, CVM, announced that it might create a new superintendence to deal with crypto-related...
FTM rallies by 18% following Ramp Network’s Fantom integration
Fantom is the best performer amongst the top 100 cryptocurrencies by market cap today following a crucial integration. FTX, the native...
Mark Cuban-Backed Multichain Wallet Launches $3 Million Aptos Ecosystem Fund to Onboard New Users
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to...
Bakkt Acquires Turnkey Platform Apex Crypto to Bolster Digital Asset Footprint
Digital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech...
Traditional firms likely won’t be leading the charge in the next generation of Web3 games — WAX CEO
Traditional ideas about gaming, coming from both the firms developing the games and the players themselves, could slow down adoption of...
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to...
Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning
Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided. BTC/USD 1-hour candle chart...
Bitcoin’s $20K support looks weak, but pro traders are neutrally positioned
Bitcoin (BTC) has been lingering above $20,000 for the past nine days, but worsening conditions from traditional markets are causing...
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized...
US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’
Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy...
Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept
The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDCs) as a threat to cryptocurrencies, like...
Santander UK limits crypto transactions for its customers
Multinational banking group Santander has placed a limit on all crypto transactions for its customers in the United Kingdom. The group...
Former Fed Chair Alan Greenspan Says Decreasing Supply of Greenbacks Makes the US Dollar a ‘Better Store of Value’
On Nov. 2, 2022, the American economist and 13th chairman of the U.S. Federal Reserve, Alan Greenspan, published an opinion editorial that...
Litecoin pre-halving fractal hints at 200% LTC price rally by July 2023
The price of Litecoin (LTC) could skyrocket by up to 200% by July 2023, coinciding with its halving event, reducing miner block rewards by...
Report: South Korean Prosecutors Accuse Do Kwon of Manipulating LUNA’s Market Price
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows...
MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan
Polygon (MATIC) emerged as the best-performing asset among the top-ranking cryptocurrencies on Nov. 3 as the market’s attention turned to...
Santander UK Limits Cryptocurrency Exchange Transactions, Bank Says Investing in Crypto ‘Can Be High Risk’
On Nov. 3, Santander UK, the subsidiary of the Spanish financial giant Banco Santander, S.A., published a notice that says...
BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally
After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance’s BNB (BNB) coin has faced a strong rejection from the $330...
The Graph token price prediction after a 12% jump
The Graph token (GRT/USD) rose by a dozen percentage points on Thursday. The token was among the few gainers on the day after a market...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75...
Is Ethereum now bearish after the Fed rate decision?
Ethereum (ETH/USD) lost an intraday 1.70% on Thursday after a Fed interest rate decision the previous day. The Fed raised rates by 75...
Bitcoin seller exhaustion hits 4-year low in ‘typical’ bear market move
Bitcoin (BTC) sellers may not have capitulated enough, but current trends are “typical” of the end of bear markets. According to data from...
Web Summit Lisbon, Nov. 3: Latest updates from Cointelegraph’s ground team
Welcome back to day two of Web Summit, one of the world’s leading tech conferences, with over 71,000 attendees on the second day. The...
Biggest Movers: MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday
Polygon rose to its highest level since August, as the token climbed by as much as 10% on Thursday. Today’s rise comes despite...
Open Metaverse Alliance OMA3 Launches to Develop Standards for an Interoperable Digital World
The Open Metaverse Alliance, OMA3, was launched by a group of Web3 dedicated companies in order to create standards for an interconnected...
What is Mask Network, and why is its token surging? – a technical outlook
The Mask Network, a protocol that claims to be the portal to a new and open internet, is attracting interest this week. Its native...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed...
Arweave price prediction: Here’s why AR is soaring
Arweave price surged to the highest level since July 31st. It rose to a high of $17.62, which was about 131% above the lowest level this...
Band Protocol price surges ahead of V2.4 upgrade: Is it a buy?
Band Protocol price popped to the highest level since August 16 after the developers announced plans for the next upgrade. The coin rose...
US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years
Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts...
ZoidPay to Revolutionize the Web3 Landscape With $75M Investment Commitment From GEM Digital
A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation of Web 3.0...
Report: Zimbabwe Proceeding With Digital Currency Plans, Central Bank Undeterred By Slow Adoption of Nigerian CBDC
Undeterred by the reported slow adoption of the Nigerian central bank digital currency, the deputy governor of the Reserve Bank of...
Natural Gas Price Hike Hits Crypto Miners in Iran
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the...
Litecoin soars by 13% following MoneyGram’s adoption announcement
Litecoin is outperforming the other major cryptocurrencies after major adoption news from MoneyGram. LTC, the native coin of the Litecoin...
MATIC rallies by 10% after Meta enables Polygon-powered NFT minting on Instagram
MATIC is one of the best performers amongst the top 20 cryptocurrencies by market cap after Meta announced an important update. MATIC, the...
Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users...
Skyward finance exploit allegedly results in $3 million loss
Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for...
South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure...
Bitcoin bulls aim for a post-FOMC win in Friday’s $640M BTC options expiry
The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening...
Bitcoin price hits $20.8K as volatility ensues over Fed 75-point rate hike
Bitcoin (BTC) saw instant volatility on Nov. 2 as the United States Federal Reserve enacted a fourth consecutive 0.75% interest rate hike....
JP Morgan executes first DeFi trade on public blockchain
Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi)...
Moneygram Enables Customers to Buy and Sell Cryptocurrency via Its Money Transfer App
Moneygram has launched a new crypto service to allow customers to buy, sell, and store cryptocurrencies using its mobile money transfer...