Quick Look
Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K
Crypto traders had a brief opportunity to pause and take stock of where things are on June 16 as the relentless selling that has hammered...
Tron surges by nearly 25% – Dead cat bounce or real momentum?
The crypto market has stabilized after two days of massive sell-offs. This comes as the US Fed made a serious commitment to deal with...
Circle Launches Second Major Stablecoin Backed 1:1 by the Euro
On Thursday, Circle’s CEO Jeremy Allaire announced that the company has launched a new stablecoin pegged to the value of the euro...
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial...
Accepting Bitcoin for your business just like Tesla: Report
Tesla temporarily embracing Bitcoin (BTC) as a method of payment for its products was conceivably one of the catalysts that pushed asset...
SOL price trending toward yearly low as Solana TVL drops $870M in three days
Solana (SOL) tumbled on June 16 amid a broader retreat across the top cryptocurrencies, led by the Federal Reserve’s 0.75% interest...
Further downside is expected, but multiple data points suggest Bitcoin is undervalued
The outlook across the cryptocurrency ecosystem continues to dim as the sharp downtrend that was initially sparked by the collapse of...
Spotlight on Celsius as Texas securities regulator opens investigation: Report
Regulatory scrutiny on Celsius Network, a leading crypto lender in the market that’s hit turbulence, continues to mount, according...
Elon Musk, Tesla, Spacex Facing $258 Billion Lawsuit for Promoting Dogecoin
Elon Musk, Tesla, and Spacex are being sued for $258 billion over claims that they “are engaged in a crypto pyramid scheme (aka...
Bitcoin Investor’s Net Realized Loss Hit $4.23 Billion Last Week: Glassnode
Bitcoin price fell from highs of $30,300 this past week to test lows near the critical $20,000 level this week. The sell-off, according to...
Bitcoin of America Is Working to Solve the Gender Problem in the Cryptocurrency Industry
The cryptocurrency industry has a big gender problem when it comes to female involvement. Bitcoin of America (BOA), a popular virtual...
Theta Network (THETA) jumps 14%: here is why
Theta Network native token, THETA, recovered some of the losses it has experienced during the current crypto bloodbath from which the...
The Sandbox rallies on its partnership with Lionsgate
The Sandbox metaverse native token, SAND, experienced significant price gains today after announcing its new partnership with Lionsgate, a...
Biggest Movers: SOL, TRX Nearly 10% Higher, as Crypto Prices Marginally Rebound
SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed...
Banking uses 56 times more energy than Bitcoin: Valuechain report
Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the...
Ankr’s unique upgrades bring enormous scalability to the BNB Chain
Ankr’s unique, open source scaling solutions have dramatically improved BNB Chain’s scalability, storage requirements and sync...
Soulbound Tokens: Social credit system or spark for global adoption?
Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto...
Blockchain’s potential: How AI can change the decentralized ledger
One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the...
BTC price rejects at $23K as US dollar declines from fresh 20-year highs
Bitcoin (BTC) ran out of steam near $23,000 on June 16 after the biggest United States key rate hike in nearly thirty years. BTC/USD...
NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%
On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an...
Bank of America: Consumer Interest in Crypto Remains Strong
Bank of America’s new report explains that “despite the sharp correction in crypto valuations, consumer interest in the...
Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ethereum’s native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve...
Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in...
Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of...
Self-Custody Is More Than a Feature – Dennis Jarvis, CEO of Bitcoin.com
While markets are going up, people get more comfortable putting their cryptoassets into trusted third parties such as centralized...
Highlights June 16: Crypto market rebounds after Fed rate hike
Most cryptocurrencies rebounded after the Federal Reserve finally announced its rate hike, the biggest in almost three decades. The crypto...
Here is why SAND is up by more than 10% so far today
The cryptocurrency market has performed well in the last 24 hours after a poor start to the week. The cryptocurrency market has performed...
‘Buy Bitcoin, plant a tree, lower your time preference’: a Sequoia story
When the market falls faster than a tree in the forest, the phrases “zoom out,” and “lower your time preference,” take root. “Zoom out”...
Turing College Receives Tezos Foundation Grant to Help Developers Enter the Web3 Ecosystem
Vilnius, Lithuania, 16th June, 2022, Chainwire Turing College (YC W21), an online school for web2 developers, announced it is...
These 3 metrics suggest the Bitcoin price crash is not over
Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding breaking support, is the worst really over? According to...
Crypto is based on a Greater Fool Theory, says Bill Gates
Bill Gates has become the latest popular name to attack Bitcoin and the broader cryptocurrency market. Microsoft co-founder Bill Gates...
Report: Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them
A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible to...
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks...
Watchmaker TAG Heuer launches a smartwatch showcasing users’ NFT collections
TAG Heuer, a Swiss luxury watchmaker company, has ventured into the growing NFTs and crypto space despite the ongoing crypto market...
Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He...
‘Cheaper than it looks’: Fidelity exec says BTC undervalued and oversold
Jurrien Timmer, Fidelity’s director of global macro, has argued that Bitcoin (BTC) may be “cheaper than it looks”, highlighting evidence...
Bitcoin and the $20k mark: Then Vs Now
As the financial world battles inflation and rising geopolitical uncertainties, bearish sentiment has flooded the Bitcoin market. ...
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked...
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a...
GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg
PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes...
Top analyst shares thoughts on when Bitcoin is likely to ‘bottom’
Crypto analyst Rekt Capital says Bitcoin is likely to bottom in Q4 this year, based on historical details of a key Bitcoin event. The...
Large Bitcoin liquidations mean one man’s pain is another man’s pleasure — Time to buy the dip?
Bitcoin (BTC) has been unable to restore the $24,000 support since Celsius, a popular staking and lending platform, paused withdrawals...
Fidelity’s Jurrien Timmer says BTC ‘cheaper than it looks’
Bitcoin continued to fluctuate heavily on Wednesday, falling to lows near $20,000 before bouncing above $21K, amid broader market reaction...
Russia Developing Sandbox for Cross-border Crypto Payments
An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media...
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on...
Price analysis 6/15: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
Bitcoin (BTC) plummeted close to the crucial support of $20,000 as traders panicked and dumped their holdings, fearing an aggressive rate...
Bitcoin trading: Momentum strategies with different moving averages
One of the simplest strategies for trading cryptocurrencies involves the application of moving averages (MA). The basic premise is that if...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994....
FINRA chief to crypto talent being laid-off: We can give you a job
The US Financial Industry Regulatory Authority (FINRA) may as well tap into crypto talent that’s currently being laid off from...
Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known...
Ternoa, First NFT-Centric Blockchain, Releases Mainnet Setting to Disrupt NFT Economy
PRESS RELEASE. Paris, France, 15 June 2022: Ternoa is a layer 1 open-source blockchain ecosystem that facilitates the adoption of...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958...
NEXO price drops 40% in three days on contagion fears from ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based...
The crypto industry must do more to promote encryption, says Meltem Demirors
“I like to call myself a future, or aspiring, cult leader,” Meltem Demirors, chief strategy officer of CoinShares — a publicly listed...
Immutable X is down by more than 6% despite TurnerSportsPR partnership
The cryptocurrency market has lost nearly $100 billion over the past 24 hours, with numerous coins and tokens trading in the red zone....
Biggest Movers: MATIC Slides to 1-Year Low as LINK Rebounds Following Losses
MATIC fell to a one-year low on Wednesday, as crypto markets continue to crash this week. The decline sees MATIC almost 10% lower, and...
Bitcoin bounces 8% from lows amid warning BTC price bottom ‘shouldn’t be like that’
Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle’s high....
Nexo says it has no exposure to 3AC
Nexo is dispelling any fears that its business will likely suffer contagion arising from the potential collapse of crypto venture platform...
Bitcoin recovers above $21k after dropping to the $20k region
The cryptocurrency market has lost nearly $100 billion over the past 24 hours as the bearish trend continues. The bear market is here, and...
CONSENSUS 2022 HIGHLIGHTS: PlayDapp Makes 3 Major Announcements at the World’s Largest Blockchain Conference
Wilmington, Delaware, 15th June, 2022, Chainwire At The recent Consensus 2022 Conference, The Blockchain Middleware Provider Announced The...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large...
Bitcoin is the ‘Amazon of crypto’ and everything else are bets, says Blocktower founder
Ari Paul, founder of blockchain investment firm Blocktower Capital, weighed in on the bear market, comparing the situation to the tech...
Coinbase NFT marketplace: How to buy NFTs on Coinbase?
Not only is the number of nonfungible token (NFT) collections growing at a phenomenal rate, but so are the NFT marketplaces. Previously,...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the...
Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor...
NEXO price drops 40% in three days on rumors of ties to ‘insolvent’ crypto fund
The price of Nexo (NEXO) continued to fall on June 15, as Nexo denied rumors of exposure to Three Arrows Capital (3AC), a Dubai-based...
Cronos (CRO) Price Has Slumped by 88% From ATH. What Next?
The Cronos price crashed to a record low as demand for cryptocurrencies evaporated. The CRO token slumped to a low of $0.1058, which was...
USDD Stablecoin Price: Justin Sun Fights to Save His Stablecoin
The USDD stablecoin price continued its sell-off as the newly launched stablecoin lost its peg. The coin slumped to a low of $0.9525 even...
Nearly 70,000 Issued Binance Refugee Crypto Card for Ukrainians
Thousands of Ukrainians have ordered a crypto card issued by the world’s leading digital asset exchange, Binance, for its users...
Agoras: Cryptocurrency Designed to Evolve Alongside Humanity
Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social...
Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk
Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs. Data from...
Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin’s (BTC) price tanked to a 52-week low of $20,800 earlier on Wednesday, down by over 70% from its all-time high of $68,788....
There is no margin call on Bitcoin loan, says Michael Saylor
Bitcoin has dropped below the $20k level, and MicroStrategy has seen its stock price take a hit. <Body> MicroStrategy is one of the...
Tether aims to decrease commercial paper backing of USDT to zero
The major stablecoin company Tether is looking to eventually get rid of commercial paper backing for its U.S. dollar-based stablecoin...
South Korean Government Calls for Voluntary Regulations From Crypto Industry
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary...
Highlights June 15: Markets in the red, Tron continues descend with losses of 20%
The crypto market was mostly in the red this morning, with the majority of top 10 cryptos registering losses. Top cryptos Bitcoin...
Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps
Celsius Network, a renowned crypto lending firm, has hired ‘restructuring lawyers’ amid the current crypto meltdown that has...
AAX Exchange To Share 1M USDT Rewards Through Fun “Crypto Summer” Events
Victoria, Seychelles, 15th June, 2022, Chainwire AAX, the institutional-grade cryptocurrency exchange, is kicking off “Crypto...
Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto
Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to...
Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship
Following the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people...
XOXO Is Flipping the Script and Announcing a Genesis Collection Auction
PRESS RELEASE. Gather up your partner, family, and friends to come and be a part of the genesis XOXO NFT collection, known as the...
Bank of Canada’s Official: Crypto Needs Regulation Before It Becomes ‘a Lot Larger’
Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger”...
Bank of America: 90% of US Adults Surveyed Plan to Buy Crypto in 6 Months
A new Bank of America survey shows that out of more than 1,000 U.S. adults, 90% plan to buy crypto in the next six months. Moreover,...
Bank of England’s Governor Warns About Crypto Amid Bloodbath — ‘Be Prepared to Lose All Your Money’
The governor of the Bank of England, Andrew Bailey, has reiterated his warning about cryptocurrency investing after U.S. crypto lender...
Celsius (CEL) price gains 600%+, but analysts cite exchange error and a massive short squeeze
On June 14, discussions of Celsius continued to populate media headlines and June 14’s news involved the platform’s CEL token...
Ethereum price falls below $1.1K and data suggests the bottom is still a ways away
Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several...
Bitcoin Hashrate Briefly Slips Below 200 EH/S During Market Rout, Less Than 100K Blocks Left Until the Halving
After reaching an all-time high on June 8, Bitcoin’s hashrate dropped during the recent bitcoin price drop on June 12-13 to a low...
Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?
Ethereum’s native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH...
Chain.com tokens lose 96% of value in 24 hours due to flash crash before recovery
On Tuesday, tokens of cloud blockchain infrastructure provider Chain.com (XCN) suddenly lost over 90% of their value before recovering...