Quick Look
Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000. BTC/USD 1-hour candle...
Perpetual Protocol price prediction as PERP defies gravity
The Perpetual Protocol price is defying gravity even as other cryptocurrencies crash. The PERP token is trading at $0.7800, which is about...
Why is Shiba Inu up by more than 12% in the last 24 hours?
The cryptocurrency market has shed some of the gains it recorded earlier this week. The cryptocurrency market has underperformed over the...
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been...
Tether set to launch British Sterling Pound pegged stablecoin
Tether has remained upbeat in its bit quest to expand its market presence amid the crypto market turmoil. Days after launching the...
Highlights June 22: Major cryptos slide, Polygon drops out of top 20
The crypto market as a whole is bearish, with most top 100 coins in the red at the time of writing. Top cryptos Solana slid more...
Is the FTX Token (FTT) token a buy or sell after the BlockFi bailout?
The FTX Token price has pulled back sharply even after the parent company took a more active role in the cryptocurrencies market. FTT is...
We want to be the Manhattan of the metaverse, says The Sandbox’s CEO
The Sandbox is one of the leading metaverse projects in the world, and the CEO said they have bigger plans ahead. Mathieu Nouzareth, the...
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president,...
USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B
USD Coin is taking a run at the title of the top stablecoin in crypto after its daily ‘real volume’ on the Ethereum network doubled that...
Telegram Launches Premium Tier Benefits Seeking to Monetize Platform
Popular messaging platform Telegram has announced it is launching a new premium tier of its services as it seeks to monetize a part of its...
Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’
For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known...
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
There is good reason to be afraid. Previous down markets have seen declines in excess of 80%. While tightfisted hodling might hold wisdom...
Avalanche (AVAX) price drops 45% in a month and data points to further downside
Avalanche (AVAX) is down 45% in 30 days and in the same time the cryptocurrencies’ total market capitalization shrank by 29%....
Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation
Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will...
Elon Musk Discusses Crypto Investing, Dogecoin Support, ‘Unresolved’ Twitter Issues, and Near-Term Recession
Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme...
Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing
The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and...
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac...
Aave jumps 20% in a steady bullish reversal
Aave has had its ups and downs over the last two months. However, during this period, the price action has largely remained below $50....
Elrond gears up for a bull run in the coming weeks
Like so many other cryptocurrencies in the market, Elrond has reported steady gains at the start of the week. The coin in fact appears to...
VeChain surges modestly despite major chain update
VeChain announced today that its long-awaited VIP-220 feature has finally gone live. The feature is seen as a huge step in VeChain’s...
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the...
Risky business: Celsius crisis and the hated accredited investor laws
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big...
Bitcoin price taps 5-day highs as Shiba Inu leads altcoin gains
Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading opened with a trip to near $21,500. BTC/USD 1-hour candle chart...
Sam Bankman-Fried commits $250M to BlockFi: read the details here
Crypto lending platform BlockFi has secured $250 million in revolving credit from Sam Bankman-Fried’s FTX, the firm said in a press...
Cointelegraph Store introduces Summer of Crypto merch collection
As the market gets hot with the recent price drops, traders need a way to stay cool and take a break from looking at their portfolios....
ApeSwap integrates Chainlink Keepers for automatically compound vault rewards
ApeSwap has successfully integrated Chainlink Keepers to allow it to automatically compound vault rewards in a highly secure and...
Biggest Movers: DOGE, SHIB Near 10-Day Highs, Following Recent Surges in Price
SHIB was trading almost 15% higher during today’s session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was...
Compound Price is in Recovery Mode. Is it a Buy?
Compound price jumped sharply on Tuesday as demand for DeFi tokens bounce back. The COMP token is trading at $42.75, which is about 65%...
Top Privacy Cryptocurrencies by Market Cap Lost Half Their Value in Less Than 2 Months
Since the end of April, the top privacy crypto assets by market capitalization went from a combined value of $10.7 billion to...
Blockchain protocol Minima added to MobilityXlab program to create V2V solutions
Blockchain’s use across the world continues to gather massive traction, with use cases in virtually every aspect of the global...
Solana Price Prediction as Magic Eden Valuation Soars to $1.6B
Solana price has rallied in the past five days straight as investors continue buying the coin’s dip. The rally accelerated after a...
Bitcoin in Zimbabwe: Importing cars and sending money to family
Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned...
Celsius token CEL rises 300% in one week amid a GameStop-like ‘short squeeze’ event
The price of CEL, the native token of Celsius Network, has almost quadrupled since June 19 in what appears to be a frenzy stirred up by...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks
Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in...
Phala Network Releases First Soulbound Token Use Case With PhalaWorld
Singapore, Singapore, 21st June, 2022, Chainwire Phala Network today announced its official release of the first Soulbound token use case...
Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs....
LBank Exchange Will List MintMe․com Coin (MINTME) on June 22, 2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jun. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list MintMe.com Coin...
Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K
It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies as it...
Why is SAND up by more than 10% in the last 24 hours?
The cryptocurrency market has continued its positive start to the week as the major coins are trading in the green zone. The...
Visa Launches Bitcoin and Crypto Enabled Cards in Latam
Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with...
That’s not hodling! Over 50% of Bitcoin addresses still in profit
More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity of the current “bear market.” Data...
What is Vulcan Forged (PYR) and how to make money playing it?
What is a play-to-earn crypto game? Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and...
Highlights June 21: Celsius up almost 50%, rest of cryptos also in the green
The crypto market is bullish today, with all top 100 cryptos in the green at the time of writing. Top cryptos Solana stood out,...
Eurocoin is euro currency, held in euro-denominated banking accounts, says Jeremy Allaire
Stablecoin issuer Circle recently launched its Eurocoin stablecoin and the company’s CEO recently discussed this latest development....
Study: Today’s Metaverse Still Not Suited for Remote Work
A study released earlier this month has found that working in the metaverse with the tools available today might decrease the productivity...
The Game-Utility Token Of Tribalpunk Cryptoverse Observed An ATH 50X Following Anta’s Successful Listing On Pancakeswap
HCMC, Vietnam, 21st June, 2022, Chainwire On May 31, 2022, Tribalpunk Cryptovere successfully listed the project’s governance tokens...
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range...
BOSO TOKYO Looks to Bring Japanese Culture to the World via Innovative Use of Metaverse Capabilities
Everyone would agree that the DeFi industry is absolutely booming right now, and for good reason. After all, there is an abundance of...
Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’
Deutsche Bank has updated its recession forecast. The bank’s economists now see “an earlier and somewhat more severe...
Bitcoin futures enter backwardation for the first time in a year
Bitcoin’s (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many...
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem...
Investors lost over $7 billion as Bitcoin crashed: Glassnode
Realized loss for Bitcoin investors hit a historic $7.3 billion over just three days last week, according to data from analytics firm...
USDC could replace Tether despite skeptics
For a long time, Tether has been the biggest stablecoin in the market. Its market cap has sent it among the top 10 crypto assets. The...
Michael Saylor says a ‘parade of horribles’ are hurting Bitcoin
MicroStrategy CEO Michael Saylor says there’s a whole list of aspects and practices that are hurting Bitcoin. Referring to these as...
Polkadot maintains crucial support despite growing pressure
The last 7 days were the most volatile in the crypto market for months. We saw major coins tank and pressure mounting on altcoins. But...
Synthetix has surged 100% in 24 hours – Here is why
Synthetix (SNX) is now the top-performing cryptocurrency over the past 254 hours. While some of these gains are largely linked to a...
Avalanche reclaims $14 support after June crash
June has been a devastating month for crypto investors. But despite this, we are seeing some recovery as major coins build modest upward...
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada’s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly...
Apecoin’s RSI divergence could trigger a 20% rally
Apecoin is currently seeing a relief rally after crashing considerably last week. This came after the coin set a new low of $3.13. APE has...
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes...
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they...
ADI Whitelist: A Universal Identity Layer by Accumulate
Miami, USA / FL, 20th June, 2022, Chainwire Accumulate is announcing a whitelist for 10,000 Web3 enthusiasts to join in order to gain...
‘Bitcoin Is Dead’ Google Searches Skyrocket, Bitcoin Obituaries Records 15 Deaths This Year
According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death...
Biggest Movers: MKR up 20% to Start the Week, Whilst AVAX Rebound Continues
MKR was up by nearly 20% to start the week, as prices continued to move away from recent lows. AVAX was also in the green, as it climbed...
Record stablecoin market share points to crypto upside: JPMorgan
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according...
Alameda Research to help ‘stem contagion’ in crypto, FTX CEO says
The last few weeks have spelled nothing but bad news for cryptocurrencies. Amid the brutal price crash, made worse by macro headwinds, has...
BTC price recovers to 3-day highs as new whale support forms at $19.2K
Bitcoin (BTC) held steady at the June 20 Wall Street open as nervous traders waited for a short-term trend decision. BTC/USD 1-hour candle...
‘Bitcoin dead’ Google searches hit new all-time high
Collapsing Bitcoin (BTC) prices are reviving renewed speculation about the demise of the leading cryptocurrency, according to Google...
Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior
While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows...
Bitcoin mints more than 13,000 ‘wholecoiners’ in the past seven days
Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound
Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in...
Ethereum analyst warns of ‘clean fakeout’ despite 30% ETH price rebound
Ethereum’s native token, Ether (ETH), underwent a sharp relief rally after falling to $880, its lowest level in eighteen months, on...
BNT is up by 2% today despite Bancor pausing IL protection
The cryptocurrency market performed excellently over the past 24 hours as major coins and tokens recovered from their recent losses. ...
Tron price prediction: TRX forms a break and retest pattern
Tron price is attempting to bounce back even as the USDD stablecoin continues losing its peg. The TRX token is trading at $0.6170, which...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s...
Here is why Immutable X’s IMX is up by nearly 10% today
The cryptocurrency market performed well over the weekend after the massive losses recorded last week. The cryptocurrency market recorded...
Bitflex Commences BETA Testing With Zero-Trading Fees
PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a...
Bitcoin price prediction: BTC forms a dead cat bounce
Bitcoin price is bouncing back as investors rush to buy the dip following the weekend turmoil. BTC is trading at $20,610, which is about...
People with money are scared to enter the crypto market, says SBF
The cryptocurrency space is currently experiencing another bear market as prices are down by more than 50% from the all-time high. The...
Highlights June 20: Bitcoin drops below $20k, Solana up 14%
The crypto market was in the green this morning, with the majority of top 10 cryptos registering gains. Top cryptos The flagship...
Crypto lender Solend community votes to reverse ‘whale account’ takeover decision
Solend, a Solana-based borrowing and lending protocol, has overturned the controversial DAO decision that was reached yesterday allowing...
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
Layer-2 scaling solution Synthetix recently collaborated with liquidity provider Curve Finance to create Curve pools for sETH/ETH,...
‘Worst quarter ever’ for stocks — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses. What felt all but...
Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE
Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional...
Dogecoin price shoots up following Elon Musk’s tweet
Dogecoin (DOGE) has surged to a high of $0.06247 today following a tweet by Elon Musk. At the time of writing, the meme coin had slightly...
Meta Launches Metaverse Digital Clothing Store
Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their...
Marathon Digital keeps on mining despite BTC price slump
Despite data showing that the Bitcoin (BTC) price may have fallen to the point of being unprofitable for the average miner, Marathon...
McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more...