Quick Look
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the...
Stellar (XLM) bearish outlook remains as trading volume drops
Over the past 24 hours, XLM has seen some slight consolidation. After 4 straight days of loss, the coin has managed to report a modest 2%...
Top 5 cryptocurrencies to watch this week: BTC, SOL, LTC, LINK, BSV
Bitcoin (BTC) plummeted to $17,622 on June 18. This marked the first time in Bitcoin’s history that it has fallen below its previous cycle...
Bitcoin Cash to trend below $100 as weakness in crypto bites
For the past two weeks, Bitcoin Cash has followed in the steps of major coins in decline. The coin now looks significantly bearish even...
These coins are performing relatively well despite the bear market
The overall crypto market is now reporting a major decline. Many analysts see a combination of factors at play including rising Fears of...
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and...
Binance Suspends Direct Deposits and Withdrawals in Brazil
Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it...
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with...
Sberbank to Conduct First Digital Asset Transaction on Own Platform
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a...
Bitcoin heads for dismal weekly close as BTC price rejects at $20K
Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle. BTC/USD 1-hour candle chart...
Litecoin aims to hold $40 support and stop further decline
Before the crypto market crashed early in the week, Litecoin was perhaps one coin that had shown a lot of bullish promise. At the time,...
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number...
Ethereum drops below $1000 as bears aim for $800
Most cryptocurrencies are now fully in a bear market. Ethereum fell below $1000 for the first time in years as weakness in the market...
$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by...
Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book
Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an...
Ukraine Joins European Blockchain Partnership as Observer
Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the...
Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the...
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called...
Mad Money’s Jim Cramer Expects Bitcoin to Fall to $12,000
The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin...
Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful
Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the...
Blackrock’s CIO: Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher
The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are...
Crypto prices continue to tank, lawsuit takes aim at Binance.US, and Celsius moves $320M worth of digital assets: Hodler’s Digest, June 12-18
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while...
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
The price of Ethereum’s native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market...
Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise
Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the...
Emerging Crypto Art Platform Outland Raises $5M Seed Round Led by OKG Ventures
Los Angeles, United States, 18th June, 2022, Chainwire Outland, an emerging crypto art platform based in Los Angeles, CA, has...
Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction
Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins....
Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold
While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that...
Bitcoin crash brings El Salvador’s BTC losses to over $61M
Bitcoin price fell below $20,000 on Saturday to see the USD value of El Salvador’ BTC holdings shrink from over $105 million to...
Voyager Digital seals $200M and 15,000 BTC loan deal from Alameda Research
Voyager Digital has secured a loan facility agreement with Alameda Research, in a deal that the brokerage platform says will help it...
Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower
While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s)...
Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low
On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by...
The BTC origin story: Who designed the Bitcoin logo?
The bright orange Bitcoin (BTC) logo, for over a decade, has become synonymous with financial freedom amid modern-day recession and...
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading...
President of Panama Partially Vetoes Crypto Law Passed by National Assembly
Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved...
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1...
Bitcoin price falls below $20K for first time since 2020, Ethereum dips under $1K
Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support. BTC/USD 1-hour candle chart (Bitstamp)....
Belgian Banking Group KBC Creates Blockchain-Based Coin
KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain...
Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the...
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender...
Platypus Finance Pioneers Unbiased NFT Minting On Avalanche
Hong Kong, Hong Kong, 17th June, 2022, Chainwire NFT owners and traders alike have had their woes about NFT minting: it’s not a fair...
Revoland Holding IDO on EverStart
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a...
Waves plots major comeback after facing selling pressure
Waves has been a delightful surprise in crypto over the past six months. The coin has seen rally after rally albeit it has pulled back...
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of...
Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support
The total crypto market capitalization fell off a cliff between June 10 and 13 as it broke below $1 trillion for the first time since...
Dogecoin faces a 60% downswing as meme coins trend lower
Dogecoin has accelerated its slide significantly over the past week. The coin is slowly trying to find some momentum, but gains over the...
5 indicators traders can use to know when a crypto bear market is ending
The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price...
Star Atlas wants to revolutionize P2E gaming – Should you buy
Play to earn or P2E is seen as one of the most promising sectors in crypto. After all, some projects have seen massive success in this...
Avalanche could drop below $10 – Here is why
Avalanche, like many major coins, has had some reprieve from the crash we saw at the start of the week. Although the coin is down 3% over...
Cardano establishes a strong trading range despite pressure
Before the crypto crash this week, Cardano had shown outstanding upward momentum. The coin at one time even rallied by nearly 50% in less...
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was...
Brand Connector from Smart Token Labs: connecting brands and NFTs
Sydney, Australia, 17th June, 2022, Chainwire Smart Token Labs, a Web3 open source software development company, today announced the...
XRP price technical breakdown boosts chances of a 40% drop by July
Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a “descending triangle” pattern, with...
Ethereum price risks a drop below $1K if these key price metrics turn bearish
Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network’s...
Immutable unveils $500M fund to support Web3 gaming adoption
Immutable, the firm behind Ethereum’s leading NFT scaling solution Immutable X, has announced a $500 million fund aimed at boosting...
Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According to CoinGoLive, 72 out...
Sweeping layoffs, hiring, and firing as crypto prices take a massive downturn
Many in the crypto world have been glued to their screens with eyes dead set on financial conditions this week. That isn’t the case for...
ECB Considers Capping Digital Euro in Circulation at 4,000 per Capita, Panetta Reveals
With concerns about financial stability in mind, the European Central Bank (ECB) plans to limit digital euro holdings, according to Board...
Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android
PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has attracted...
The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%
During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital...
Tether’s USDT market cap dips below $70B for an 8-month low
Tether (USDT), the biggest stablecoin and the third-largest digital currency by market capitalization continues losing its market value...
Crypto’s uses and misuses: Binance–Reuters quarrel raises questions
Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June 6,...
MANA price jumps as Decentraland DAO votes to give Decentral Games $1M grant
As the crypto market ructions continue, cryptos with metaverse backup like Decentraland (MANA) have stood tall as others nosedive. MANA,...
Biggest Movers: HNT Nears 1-Week High, as XMR Rebounds on Friday
HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen...
Bitcoin whale support lines up as trader says $14K ‘most bearish’ BTC price target
Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level. BTC/USD...
Three Arrows Capital to seek bailout or asset sale
Kyle Davies, one of the co-founders of Three Arrows CAPITAL (3AC), has said that the crypto hedge fund is exploring different options...
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country....
Unusual liquidity pressures force Babel Finance to suspend withdrawals
Due to the ongoing crypto market meltdown, Babel Finance, an Asian-based crypto lender firm, has suspended all their products’...
GBTC premium hits -34% all-time low as crypto funds ‘puke out’ tokens
The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its biggest ever discount to the spot...
MakerDAO reduces exposure to Celsius, disables Aave DAI supply
In a move to reduce exposure to the embattled Celsius Network, MakerDAO has voted to temporarily disable the Direct Deposit Module (D3M)...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again...
Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest
A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria,...
Ether could drop below $1k as the broader market records losses
The cryptocurrency market could end the week in the negative zone as the leading cryptocurrencies record huge losses. The cryptocurrency...
Foresight Ventures Launches 200m Foresight Secondary Fund I to Invest in Private Round Crypto Assets
Foresight Ventures launches 200m Foresight Secondary Fund I to invest in private round crypto assets that are looking to access liquidity...
Highlights June 17: Bitcoin at $20k, Polkadot drops out of top 10
The crypto market maintained its bearish trajectory over the past 24 hours, as the majority of top 10 cryptos were in the red this...
The bear market presents numerous opportunities, says CZ
The cryptocurrency space is currently in a bear market, but many believe it is an opportunity for people to innovate. The cryptocurrency...
Colombian Financial Superintendence Prepares Norms for Crypto Transactions
The Colombian Financial Superintendence, the securities and financial watchdog of the country, is working on a document to regulate the...
Study: 7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information
About 22% of South Africa’s adult population, or 7.6 million people, are cryptocurrency investors, findings by a study done by...
Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and...
Bastyon Crypto Social Network Integrates TOR Network and Releases Post Advertising for Pocketcoin (PKOIN)
PRESS RELEASE. Bastyon as the Web 3.0 Social Platform Most crypto projects are nothing but cones of a few successful coins. Bastyon, on...
Sticker Culture NFT “META PYLON” will Launch the World’s First Sticker Feature
Tokyo, Japan, 17th June, 2022, Chainwire META PYLON announced the world’s first feature to encourage NFT holders to participate in...
Rock Legend Gene Simmons Owns 14 Cryptocurrencies — ‘I Have Not Sold a Single Position Since the Downturn’
Rock band Kiss’ lead singer Gene Simmons has revealed that he owns 14 cryptocurrencies and has not sold any since the crypto market...
Interview: Russian citizens could turn to crypto to safeguard wealth – ComplyAdvantage
Money laundering is an issue that is often branded about in mainstream media as a downside to cryptocurrency. The covert nature, lack of...
Billionaire Jeffrey Gundlach Says He Wouldn’t Be Surprised at All if Bitcoin Falls to $10K
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price...
Crypto Payments Possible if They Don’t Penetrate Russia’s Financial System, Central Bank Says
Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of...
High Street metaverse: Why you should consider buying
Virtual reality is going to transform human interaction over the coming years. All the biggest tech companies out there are investing in...
Metaverse Project GensoKishi Online Holds 2nd NFT Auction
PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the...
Chainlink’s downtrend could stop if this support holds
Crypto has come into focus over the last few days after a major crash. Most coins have been on free fall, LINK included. But contrary to...
Bitcoin could finally bottom after one more dump
Bitcoin hit an 18-month low over the last three days. The coin is seeing its worst sell-off in 2022 as broader weakness in the market...