Quick Look
IMF Sees Significant Increase in Correlations Between Bitcoin and Asian Equity Markets
Officials at the International Monetary Fund (IMF) say that the correlation between the performance of the Asian equity markets and crypto...
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of...
Report: Investment Management Giant Invesco Launches Metaverse Fund
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse...
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the...
Ex-OpenSea executive files motion to dismiss insider trading case
The ex-OpenSea product manager filed the motion at the United States District Court for the Southern District of New York. He says...
Acala community okays burning billions of erroneously minted aUSD stablecoin
According to a news post by the co-founder of Acala Network, Bette Chen, the Acala community has voted to burn 2.97 billion Acala USD...
Watch $0.2 support as Fantom retraces amid consolidation
Fantom has dipped 4.71% in the past day and 23.51% in the past week The token is currently retracing within a consolidation A dip...
Facebook and Twitter will soon be obsolete thanks to blockchain technology
Today’s social media landscape is dominated by Web2 corporations — mostly Meta (Facebook) and Twitter. The companies collect data from...
Is Ethereum Classic losing the technical battle at $34?
Ethereum Classic is trading slightly below key support of $34 The token is expected to benefit from the Ethereum merge; however, disputed...
Cardano retests key support amid bearish sentiment and testnet concerns
ADA has dipped 3% in the past day. Reports of a bug in one of Cardano’s testnets likely to delay Vasil upgrade. Technical indicators...
Should you buy Sandbox SAND at the $1.03 support?
Sandbox failed a break out at $1.3 and has retraced to a support Price weakness emanates from the general crypto mood and lack of Sandbox...
Shiba Inu retraces back to breakout support – Will price rebound?
Shiba Inu token rallied to $0.000017 as risk-on sentiment entered markets The token trades at support after losing grip of previous...
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive...
Scaramucci: Bitcoin is not mature enough to be an inflation hedge
Anthony Scaramucci says Bitcoin needs to reach a billion wallets to start being regarded as an inflation hedge. He is however bullish on...
Bitcoin whales attack sellers at $22.3K as euro drops below USD parity
Bitcoin (BTC) drifted near $21,000 on the Aug. 22 Wall Street open as the new week began without a rebound. BTC/USD 1-hour candle chart...
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for...
Asia’s Largest Web3 Event TOKEN2049 Hits 200 Sponsor Milestone, Announces New Headline Speakers
SINGAPORE — 8 July 2022 — TOKEN2049, Asia’s premier crypto conference, has announced a new batch of title sponsors...
India can help make Web3 a reality, says Antler Global’s Nitin Sharma
Indian Web3 developers could be behind the next ‘Facebook or Google of Web3’, said Antler Global General Partner Nitin Sharma....
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost...
Australia plans mapping of crypto tokens as part of regulatory push
Australia’s crypto mapping exercise seeks to help authorities know about which crypto assets are used in the country. The...
Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements
The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company...
World’s biggest social token GARI gets listed on Bitrue
The world’s biggest Social Token GARI has announced its listing on one of the world’s leading crypto exchanges Bitrue. After...
Ntrinsec introduces cutting-edge security automation platform
Ntrinsec has formally launched its groundbreaking new key security automation platform, which will do away with poor key management and...
Lyra launches platform allowing users to spend crypto in any online merchant
Lyra, a secure online and in-store payment solution has launched a new platform that allows users to spend their cryptocurrencies in any...
Cryptos to watch despite a bearish start to the week
It’s a slow start to the week for the cryptocurrency market. Bitcoin trading volumes are low, and there is no major news that can...
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600, BTC Under $21,000 to Start the Week
Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session....
Voyager creditors object paying retention bonuses to key staff
Creditors of the embattled Voyager Digital are objecting to the crypto lender’s plans to give retention bonuses to its...
Mark Zuckerberg to Overhaul Meta’s Metaverse App Horizon Worlds After Criticism of Its Simple Graphics
Meta CEO Mark Zuckerberg has decided to overhaul the company’s flagship metaverse app Horizon Worlds after it received heavy...
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming...
Hodlnaut reports nearly $200 million financial shortfall as it seeks court protection
Singapore-based crypto lender Hodlnaut has revealed a financial shortfall of $200 million as it seeks court protection. Embattled crypto...
Why is EOS performing positively in the middle of a bear run?
The cryptocurrency market has started the week in a poor fashion, but EOS is currently the best performer amongst the top 100...
Hackers Used Deepfake of Binance CCO to Perform Exchange Listing Scams
A set of hackers managed to impersonate Binance chief communications officer (CCO) Patrick Hillmann in a series of video calls with...
Bitcoin isn’t going away, says Bakk’t CEO
Bitcoin is down by more than 60% from its all-time high, but Bakkt’s CEO says the leading cryptocurrency isn’t going away....
Average Bitcoin transaction fee drops under $1 as network difficulty recovers
The average transaction fees on the Bitcoin (BTC) blockchain fell below $1.00 for the first time in over two years, further strengthening...
BTC to lose $21K despite miners’ capitulation exit? — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment. After dipping below $21,000...
Russian Caught Mining Crypto in Covid-19 Clinic
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency...
SSV Network price prediction as it defies gravity. Is it a buy?
The SSV Network price has defied gravity in the past few weeks even as other cryptocurrencies recoil. The token’s price jumped to a...
Ethereum’s Pivot to Proof-of-Stake Consensus Worries Users About the Possibility of Protocol Level Censorship
The upcoming consensus change that Ethereum, the second largest cryptocurrency by market cap, is planning to execute in September has...
8 sneaky crypto scams on Twitter right now
Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on...
Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers
The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC using renBTC...
Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, States It Was Victim of a Listing Scam
Bluebenx, a Brazilian crypto company that recently stopped customer withdrawals, has changed its story regarding the causes which took it...
Cryptopunks and BAYC Floor Values Go Head-to-Head, as the Punks Briefly Surpass Bored Apes
On Sunday, August 21, 2022, the floor value of the Cryptopunks non-fungible token (NFT) collection briefly surpassed the Bored Ape Yacht...
Here’s 5 cryptocurrencies with bullish setups that are on the verge of a breakout
The S&P 500 ended its four-week-long recovery last week after minutes from the Federal Reserve’s July meeting hinted that the central...
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum...
Analyst Says if Silver Dips Below $18, Precious Metal Could ‘Get Absolutely Smoked’ — Morgan Report Founder Expects a Supply Crunch
While gold’s been teetering along at just under $1,750 per ounce, the price of silver has dropped considerably, sliding 2.33% in...
Ethereum Classic Hashrate Taps an All-Time High, ETC Hashpower Jumped 39% Higher in 4 Days
On August 20, 2022, Ethereum Classic’s hashrate reached an all-time high at block height 15,776,674 as it tapped 38.37 terahash per...
FCA allows Future Fintech to acquire UK money payment firm Khyber
Financial Conduct Authority (FCA) has given a nod to the acquisition of a UK money payment firm by US-based company. Blockchain company...
Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too...
Bitcoin price: Peter Brandt suggests possible bottom for BTC
Bitcoin looks to have reached levels similar to those hit before a bounce in July, veteran trader and analyst Peter Brandt says. ...
FTX revenue soared 1,000% amid last year’s crypto craze: report
FTX saw its 2021 revenue grow from $89 million to hit over $1 billion as the crypto market rallied. Growth came amid huge expansion across...
Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the...
Moscow Exchange Prepares to List Digital Financial Assets by Year End
Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital...
US Authorities Warn of ‘Pig Butchering’ Crypto Scam Becoming Alarmingly Popular
U.S. authorities have warned about the rising popularity of a crypto scam known as “pig butchering.” The Federal Bureau of...
FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange
The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US....
3 reasons why the Bitcoin price bottom is not in
Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months. Bitcoin...
Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting...
The Real Deal? Peter McCormack’s Bedford Bitcoin Bet scores more than goals
The Bitcoin Standard has many formations. For some, selling all possessions and living off magic internet money is key; for others, it’s...
Fei Protocol founder proposes ghosting Tribe DAO following hack repayment
An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi)...
Web3 games incorporate features to drive female participation
Although there is still an apparent lack of women in the Web3 sector, blockchain-based games geared toward women may help drive...
Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC License
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the...
BlockFi tops revenue grower list with 250,000% increase, BitGo aims to sue Galaxy Digital, and Bitcoin’s price drops: Hodler’s Digest, Aug. 14-20
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Tether Hires BDO Italia for Monthly Assurance Reports, USDT’s Quarterly Attestation Shows a 58% Decrease in Commercial Paper
This week, the stablecoin issuer Tether Holdings Limited revealed an update to its assurance and attestation process and detailed that the...
Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations
According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses...
Biggest Movers: SHIB Rebounds on Saturday, as ATOM Moves Away From 3-Week Low
Following three consecutive days of declines, shiba inu rebounded on Saturday, as the meme coin appears to have found a support point....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines During Saturday’s Session
This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in...
United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, chief executive officer of United Texas Bank, called on members of the state’s blockchain working group to recommend policy...
The Central Bank of Colombia Is Studying the Creation of a Digital Currency
The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar....
Latam Giant Mercado Libre Launches Mercadocoin in Brazil
Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, called “Mercadocoin,” for...
Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded...
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the...
Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake...
Price analysis 8/19: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) and most major altcoins witnessed a sharp sell-off on Aug. 19, but there does not seem to be a specific trigger for the...
3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion...
FDIC issues cease and desist letter to FTX US over misleading statements
FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president...
SBI lost 40% of hash rate after stopping mining in Russia: Data
Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto...
Biden is hiring 87,000 new IRS agents — and they’re coming for you
The Inflation Reduction Act, signed into law this month by President Joe Biden, empowers the IRS with nearly $80 billion in new funds. The...
FTX US among 5 companies to receive cease and desist letters from FDIC
The Federal Deposit Insurance Corporation (FDIC) has issued cease and desist letters to five companies for allegedly making false...
Bitcoin Miners Take in Bear Rally Profits by Selling More Than 6,000 BTC Since August 1
Bitcoin’s value against the U.S. dollar lost 7.3% during the last 24 hours after more than $600 million in value was removed from...
Gemini launches staking for Polygon (MATIC)
Gemini Staking adds to the yield-generating offering Gemini Earn launched in February 2021. Staking will be available for US customers...
Cosmos price outlook: here’s what top analyst says about ATOM
Cosmos (ATOM) trades around $10.86, nearly 10% down in the past 24 hours. ATOMUSD was rejected around $12.25 and could dip to support...
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at...
Algorand risks fresh new bottom as weakness persists after a failed breakout
Algorand is expected to get a lot of publicity from this year’s World Cup The native token ALGO failed to break above key resistance...
Brazilian E-commerce giant MercadoLibre launches its own cryptocurrency
Despite the cryptocurrency sector facing a bleak future, Brazilian E-commerce giant MercadoLibre has launched its own cryptocurrency. The...
Dogecoin rally comes to a halt as price slides back to below key support
Meme tokens surged at the start of the week due to risk-on sentiment Dogecoin cleared a resistance at $0.072 but is now crashing below...
ApeCoin prediction as token retest key support amid bearish pressure
ApeCoin has plunged 15% in the past day Fundamentals around NFT and metaverse remain the growth drivers The Stochastic Oscillator shows...
Bitcoin breaks below Realized Price as bears push BTC below $21.4K
Bitcoin has declined by more than 8% in the past 24 hours to currently trade below $21,400. Glassnode data shows Bitcoin Realized Price is...
BNB breaches key support but be aware of false breakout as bulls take charge
Binance coin has returned more than 77% since the June bottom price. The token hit the resistance target at $326, forcing profit-taking...
Top cryptos that could easily double your money in August
The cryptocurrency market is currently consolidating after more than 7-months of persistent losses. However, if past cycles are anything...
Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday
Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing,...