Quick Look
Highlights May 30: Week opens with impressive bull run of the crypto market
The crypto market is booming with all top 100 coins in the green at the time of writing. Top cryptos Bitcoin gained almost 6% in the...
Former Nintendo President States Gaming Companies Are Marching to the Metaverse
Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming industry is steadily going to integrate metaverse...
Top places to buy LUNA, the token of the new Terra 2.0 blockchain
After the Terra 2.0 blockchain was launched by Terraform Labs, it peaked at almost $20, only to shed 73% of its value the next day....
AKRO is rallying, up 13% today: here’s where to buy AKRO
The live Akropolis (AKRO) price today is $0.0056 with a 24-hour trading volume of $176.6 million. At the time of writing, Akropolis was up...
Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated
Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created...
PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale
PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet...
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per...
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service...
‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more...
Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist
Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.”...
Top 5 cryptocurrencies to watch this week: BTC, ETH, XTZ, KCS, AAVE
After declining for eight successive weeks, the Dow Jones Industrial Average rebounded sharply last week to finish higher by 6.2%....
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate...
Cardano has retreated by 90% from its all-time highs – Can it turn around?
Cardano (ADA) has officially entered the bear market. The coin has been on a downward retreat for the last few months. Although there have...
Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop
The month of May was dominated by news of LUNA’s crash. This came after its dollar-pegged stablecoin UST fell by nearly 90% against...
Polkadot could still hit a bull run despite uncertainty
Polkadot (DOT) has finally managed to stop its prolonged correction. The price appeared to have settled a bit after bottoming at around...
High Volume Breakout could see sandbox hit $2.6
The Sandbox (SAND) has remained down for the best part of two weeks. Although there are some cases where the coin showed some bullish...
Free-to-Mint NFT Collection Goblintown Is Now Worth Over $50 Million
A non-fungible token (NFT) collection called Goblintown is capturing millions in sales, as the NFT project has recorded $22.85 million in...
Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in...
Bitcoin to set a new record 9-week losing streak with BTC price down 22% in May
Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range. BTC/USD 1-day...
Tips to claim tax losses with the US Internal Revenue Service
Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less...
DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in...
F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships and more
Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships,...
In the Economy 3.0, metaverses will create jobs for millions
Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the...
SpaceX to follow Tesla in accepting DOGE payments for merch: Elon Musk
Just four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to...
What is ApeCoin and how does it work?
The first quarter of 2022 was abuzz with the talks about ApeCoin (APE), a cryptocurrency adopted to be the native coin of Bored Ape Yacht...
F1 Monaco GP: Bybit’s Red Bull Racing NFTs, crypto-F1 partnerships, more
Crypto has taken over the world, and Formula One was no exception to the disruption. From NFTs and fan tokens to multi-year partnerships,...
Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement...
Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users
China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland...
Identity is the antidote for DEXs’ regulation problem
Regulators from Europe, the United States and elsewhere are busily hammering out details on how to designate decentralized exchanges...
Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary...
Is there a secure future for cross-chain bridges?
The plane touches down and comes to a halt. Heading to passport control, one of the passengers stops at a vending machine to buy a bottle...
Sequel to Iconic RPG Ni No Kuni to Feature NFT Integration and Play-to-Earn Mechanics
The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has...
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the...
Elon Musk: We’re Approaching a Recession but It’s ‘Actually a Good Thing’
Tesla CEO Elon Musk believes the U.S. economy is approaching a recession but he explained why it is “actually a good thing.”...
Bitcoin price action decouples from stock markets, but not in a good way
This week the stock markets began to flash a little green and Bitcoin (BTC) is decoupling from traditional markets but not in a good way....
JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals
Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On...
Avalanche v Solana – Which one is a better buy?
After the Terra collapse, increased risk perception could see AVAX outperform SOL. Key Points: Avalanche is a platform blockchain that can...
The increasingly acute need for crypto-native insurance
The insurance industry has a long history of providing vital support for major leaps in innovation. It’s no coincidence that the modern...
Identity and the Metaverse: Decentralized control
“The Metaverse” and “Web3” are the buzzwords of the moment, with their concepts permeating across the worlds of fintech, blockchain, and...
Can a lesson in bimetallism help the long-term stability of Bitcoin and privacy coins?
The crypto market has been on a downward trajectory since the tail end of 2021. In early May 2022, it culminated in a dip that impacted...
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more
The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra...
Bitcoin price stuck below $29K as Terra LUNA comes back from the dead
Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down. BTC/USD 1-day candle...
NFT 2.0: The next generation of NFTs will be streamlined and trustworthy
Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head...
Bored Ape and Cryptopunk Values Wobble — During the Last Month, Blue-Chip NFT Floor Values Dropped Over 50%
While the crypto economy has dropped considerably in value during the last few weeks, seven-day statistics indicate non-fungible token...
STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out?
A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion. GMT’s price has...
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two...
Biggest Movers: DOGE Climbs Following Spacex News, XTZ Rebounds From Recent Losses
DOGE rose on Saturday, following yesterday’s tweets from Elon Musk confirming that Spacex could soon accept the memecoin as a...
Shiba Inu v Dogecoin – Which one is a better buy?
Shiba Inu’s deflationary tokenomics give it a clear edge over Dogecoin Key Points: Both SHIB and DOGE have strong prospects for...
ApeCoin v Decentraland – Which one is a better buy?
While both are primed for a huge bounce back, APE has better odds Key Points: ApeCoin is the leading Metaverse cryptocurrency today....
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell...
Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported
PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its...
Russia Considers Using Cryptocurrencies for International Settlements
Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the...
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency...
A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the...
Tether launches its USDT stablecoin on the Polygon network
Tether, the world’s largest stablecoin company, has launched its USDT stablecoin on the Polygon network bringing its utility to the...
STEPN (GMT) price surges 20% a day after STEPN said it’ll block GPS services in China
STEPN, the most popular fitness-focused Move-to-earn game, shared an official announcement stating that they will block geolocation (GPS)...
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the...
Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE...
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using...
Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks
Following the company launching a fiat-pegged tied to the value of the Mexican peso, Tether, the stablecoin issuer has announced the firm...
Ankr’s (ANKR) bearish outlook continues as the coin struggles to escape major resistance
Ankr (ANKR) continues to show bearish signs and could remain on the downside for weeks. The coin is suppressed below several crucial...
Three DeFi coins to buy by the end of May
DeFi has stagnated somewhat for most of 2022. Even though most projects in this area have shown a lot of promise, the price action for...
Top 3 metaverse coins to put in your portfolio
There is a lot of hype and talk about the metaverse and what it can bring to human interaction. Also, in the last few months, we have seen...
Litecoin (LTC) breaks below crucial support – What to expect next
After days of trading sideways and showing very little appetite for trending upwards, Litecoin has finally broken below a crucial support...
Apecoin (APE) to bottom at $5 as weakness continues
Apecoin (APE) has been showing strong bearish signs over the past week. The coin is now in steep decline as broader weakness in the market...
STEPN (GMT) drops by 37% in minutes – Here is why
STEPN has dominated the news cycle in crypto over the past few weeks. The coin is one of the most popular lifestyle web3 projects that...
Polygon (MATIC) offers a significant opportunity for short-sellers
Polygon (MATIC) has started to stabilise after a series of bearish streaks over the last few weeks. The coin has also fallen sharply from...
3 projects on Solana that could revolutionise P2E gaming and the metaverse
Solana is one of the biggest blockchains in the world. The project was in fact referred to as the ultimate “Ethereum Killer”...
Study Shows the United States Is Home to 41% of the NFT Companies Worldwide
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible...
Bulgarian Crypto Trader Disappears Under Mysterious Circumstances
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials...
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he...
What’s happening with Waves’ rollercoaster 2022 price action?
Rollercoaster is a term frequently used in cryptocurrency. It’s certainly the first bit of vocabulary that comes to mind when...
How StableFunds Has Made It Extremely Easy to Trade Altcoins
UK-based StableOne’s newest venture, an app called StableFund, is spearheading a new outlook on crypto. This innovative app is all...
Biggest Movers: DOT Rebounds Following Recent Losses, as RUNE Moves Toward Multi-Week Low
Following two consecutive sessions of declines, DOT saw its price rebound on Friday, as it moved away from a multi-week low. While DOT...
Digital platform SeaCoast is born, a leader in coastal nautical digital technology
Madrid, España, 27th May, 2022, Chainwire SeaCoast is born, a digital platform that democratizes the management of content and...
Why You Must Know About Cryptocurrencies To Understand NFTs
Most people are, at this point, familiar with cryptocurrencies as they have been around for quite a while now. However, in more recent...
A beginner’s guide to crypto: Advantages and risks of the digital currencies
If you’re still new to crypto, chances are you’re both curious and a little overwhelmed. But should that worry you? Not at all...
Terra 2.0 launch delayed to 28 May as major exchanges announce LUNA airdrop support
Terra 2.0 will now launch its mainnet on 28 May 2022, the team behind the blockchain has announced. While the announcement made via its...
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356...
Bitcoin, Ethereum Technical Analysis: ETH Selloff Intensifies Heading Into the Weekend
ETH was trading lower for a third straight session on Friday, as prices neared an 11-month low. This comes whilst the overall...
USDT stablecoin launches on the Polygon blockchain
The USDT stablecoin is now available on various blockchains, including Ethereum, Polygon and Tron. Tether Operations Limited...
Tezos-powered Red Bull Racing NFT collection goes live
Oracle Red Bull Racing presented its second NFT series with a unique auction at the Monaco Grand Prix. The collection, which will be...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes...
Binance NFT Marketplace launches “Rh!noX by BinaryX” NFT Collection
Binance NFT Marketplace has announced via a tweet the launch of “Rh!noX by BinaryX” NFT Collection on its Marketplace. The...
TRX: Tron price has rebounded but USDD is a major risk
Tron has had a spectacular month in May even as other cryptocurrencies have pulled back and others crashed. The TRX token is trading at...
GMT price prediction: Here’s why Stepn could crash to $0.50
Stepn’s GMT token has had a spectacular fall from grace in just a few months. After soaring by more than 30,000% recently, the GMT...
Binance to Advise Kazakhstan on Crypto Regulations
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The...
Highlights May 27: Investors show preference for Bitcoin at expense of altcoins
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Bitcoin fell slightly, altcoins did...