Quick Look
Metaverse tokens up 400% year on year despite altcoin bloodbath
Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year....
SEC Probes Binance — BNB Could Be Unregistered Security: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered...
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime...
SpartaCats Troll DOGE With Billboard Near SpaceX Office
PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard...
LINK marines rejoice after Chainlink 2.0 brings a new roadmap and staking
Passive income opportunities are one of the biggest draws in the cryptocurrency ecosystem because it gives investors an easy opportunity...
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused...
Sold your SOL? Solana price eyes 35% jump as two technical signals flip bullish
At least two technical indicators show Solana (SOL) could undergo a sharp price recovery in June, even after the SOL/USD pair’s...
Bitcoin price recovers $31.5K, but traders say ‘scam’ price action will bring more downside
Bitcoin’s (BTC) short-term price action has been dominated by whipsaws that trigger around the $31,000 to $32,000 level and the June...
Why Cronos (CRO) could be the best crypto bet in 2022
A combination of a strong use case, low prices, and world cup sponsorship push up CRO’s growth potential Key points: Cronos is one...
Vechain – Why it’s a high potential altcoin to buy in the bear market
A combination of low prices and growing adoption makes it a perfect altcoin to buy now Key points: Vechain is one of the cryptocurrencies...
Polkadot Hacker House in NYC officially opens for applications
The Polkadot Hacker House event will take place at the Industrial City in Brooklyn, New York. The Polkadot Hacker House, whose first-ever...
Philippines Crypto Wallet Service Provider Coins.ph Partners With the PBA
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced...
Ledgible Closes $20M Series A Round With Key Institutional and Strategic Investors
PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced...
The business of a Bitcoin standard: Profit, people and passion for good food
The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist. Since August 2020, when the...
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily. BTC/USD 1-hour candle chart...
Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT)...
Biggest Movers: SOL Slips 10% as Crypto Bears Return to Action
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week,...
Here is why GALA is up by nearly 2% today?
The cryptocurrency market has lost the gains it accumulated earlier this week following its poor performance over the last 24 hours. The...
FTX to hire more people ‘regardless of market conditions’, CEO say
FTX will not be scaling back on its staff, according to CEO Sam Bankman-Fried. The company is “going to keep pushing forward,”...
Thetanuts Finance introduces its Stronghold Vaults
Thetanuts Finance has launched its Stronghold Index Vault to provide unique services to its clients. Thetanuts Finance, a structured DeFi...
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every...
How to buy NFTs on Solana?
The burgeoning popularity of nonfungible tokens (NFTs) has led to issues like exorbitant transaction fees and congestion in the prevalent...
Struggle for Web3’s soul: The future of blockchain-based identity
The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder...
BNB price risks 40% drop as SEC launches probe against Binance
Binance Coin (BNB) price dropped by nearly 7.3% on June 7 to below $275, its lowest level in three weeks. What’s more, BNB price...
Better infrastructure is crucial to crypto payments adoption, says Mecuryo CEO
Cryptocurrencies are gaining popularity globally but more needs to be done to achieve further adoption. Petr Kozyakov, CEO of crypto...
Cake DeFi issues $317 million in rewards to customers
Singaporean-based Cake DeFi has set a record for the amount it has issued to its customers in reward. <Body> Cake DeFi, the...
Gala’s Web3 Game GRIT Now Easily Accessible to Epic Games Store’s 194M+ Players
Jackson, USA, 7th June, 2022, Chainwire Gala Games, a pioneer in web3 entertainment, announced today that it is continuing to lead the way...
Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies
Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave...
Ripple partners with Lunu to expand into the European luxury markets
Ripple, a prominent business blockchain solutions provider, has partnered with Lunu, a crypto-terminal operator and a payment provider...
Israel’s Most Prominent VC Pitango Launches First Labs Investment DAO to Bridge Web2 and Web3
Tel Aviv, Israel, 7th June, 2022, Chainwire Top web2 VC Pitango has launched First Labs, a thesis-driven web3 lab designed to bridge the...
Checkout.com unveils 24/7 stablecoin settlement solution powered by Fireblocks
Checkout.com, a global payments processor currently handling billions in online payments for merchants, has announced a new stablecoin...
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8...
Longer-term Bitcoin holder losses hit two year lows
Long-term Bitcoin holders are sitting on their largest losses since the March 2020 capitulation and the 2018-2019 bear market but may have...
Highlights June 7: BNB declines on SEC probe, GALA only coin in the green
The crypto market as a whole is bearish with most top 100 coins in the red at the time of writing. Top cryptos Bitcoin shed almost...
Fed forgets long-term dollar devaluation when pricing eggs in BTC
The St. Louis Federal Reserve stirred up a mix of amusement and curiosity from the crypto community on Tuesday, May 7, after publishing a...
Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours
Bitcoin (BTC) firmly recommitted to its trading range on June 7 after a fresh move higher was met with a swift sell-off. BTC/USD 1-hour...
Report: South Korea to Recruit Companies for Metaverse Content Creation Project
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation...
Bitso Partners With Addem Capital to Provide Cryptocurrency Investment Instruments in Latam
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups...
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy...
Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?
Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to...
Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event
The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC)...
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to...
Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal
Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to...
Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store
On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be...
Reserve Rights (RSR) builds momentum ahead of its long-awaited mainnet launch
Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial...
How can Shiba Inu avert a brutal sell-off in the coming weeks?
Shiba Inu is currently trading sideways along a declining trend line. The coin has also managed to consolidate above an important support...
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the...
Avalanche price eyes 30% jump in June with AVAX’s classic bullish reversal pattern
Avalanche’s AVAX token shows signs of continuing its ongoing rebound move as it paints a classic bullish reversal pattern. AVAX price to...
Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares
Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) funds,...
Price analysis 6/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
After nine successive weeks of red weekly candles, Bitcoin (BTC) printed a green weekly candle on June 5. Leading into this week, buyers...
Ripple co-founder Jed McCaleb has sold 70 million XRP in two weeks
Ripple co-founder Jed McCaleb sold nearly 70 million XRP over the past two weeks, data from XRPscan shows. According to the data, the...
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s...
Solana reminds me of my broken earphones
Solana’s ease-of-use, market-leading TPS and low fees are formidable qualities On the flipside, the latest shutdown marks eighth...
Eurovision Winners’ NFT Auction Raises $900K for Charity
Kalush Orchestra, the winners of the Eurovision Song Contest 2022, have successfully auctioned off an NFT for charity. The auction was...
Crypto 401(k): Sound financial planning or gambling with the future?
In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to...
Monthly NFT Sales Have Dropped Over 65% Lower Than the Month Prior, NFT Google Queries Sink
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion...
Corporate evolution: How adoption is changing crypto company structures
Crypto-focused companies have come a long way since their beginnings in terms of corporate structure, employee motivation, decision-making...
Solana disables transaction feature to prevent future network outage
The temporary disabling of the durable nonce transactions allowed for block production to resume after last Wednesday’s network four...
Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High
Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA,...
‘WeCryptoEco’ Opens the World’s Largest Solar Powered Farm to NFT Holders
Essex, United Kingdom, 6th June, 2022, Chainwire WeCryptoEco, the brainchild of business visionaries James Ross and Roderick Chisholm, is...
TRON upgrades USDD in the aftermath of TerraUSD collapse
USSD is the first over-collateralized decentralized stablecoin, with guaranteed minimum collateral ratio of 130%. The current collateral...
Purrfect match: The story of a young girl’s love of cats and NFTs
For all the cynical narratives that circulate the mainstream zeitgeist, which perceives nonfungible tokens (NFTs) as little more than...
Is Cardano ready for a go at $1? June’s hard fork FOMO lifts ADA price to weekly highs
Cardano (ADA) was among the best performers among the top cryptocurrencies on June 6 as traders assessed a key upgrade that promises to...
BTC price approaches $32K as analyst warns of ‘boring’ summer for Bitcoin
Bitcoin (BTC) retained new higher levels at the June 6 Wall Street open after BTC/USD snapped a nine-week losing streak. BTC/USD 1-hour...
Why is Cardano up by 11% in the last 24 hours?
The cryptocurrency market is having an excellent start to the week, with most of the cryptocurrencies currently in the green zone. The...
Nexus Dubai Projects: a Whole New Defi World Unveils
Dubai, UAE, 6th June, 2022, Chainwire NXD projects have products that possess amazing use cases for users to explore, such as the Nexus...
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000 to Start the Week
Following a weekend which saw bitcoin trading mainly in the red, prices rebounded to start the week. BTC was once again above $30,000 on...
Survey: More Than 70% of Salvadorans Believe the Bitcoin Law Has Not Improved Their Personal Finances
A recent survey has offered some insight into the real opinions Salvadorans have about the implementation of the Bitcoin Law in the...
Bitcoin’s near-term volatility is largely irrelevant, says Michael Saylor
Bitcoin has performed poorly over the past few months, but MicroStrategy’s CEO believes that it is irrelevant in the long term....
Blockchain-based move-to-earn app Stepn under DDoS attacks after upgrade
Solana-based move-to-earn application Stepn has reported multiple denial-of-service (DDoS) attacks in the aftermath of the platform...
Gate․io’s Ninth Anniversary: The Remarkable Crypto Ecological Landscape
Gate.io is building on its success and evolving to become a remarkable crypto ecological landscape for its users, its ecosystem...
Highlights June 6: Cryptos in the green, Cardano soars
The crypto market is in full swing with most top 100 coins in the green at the time of writing. Top cryptos Major cryptos had a...
Japanese lawmakers pass stablecoin bill to safeguard crypto investors
Japanese lawmakers on Firday passed a bill for stablecoins to protect crypto investors. The bill comes a month after the TerraUSD (UST)...
Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs
The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently...
EGLD price drops 6% as team starts investigating suspicious activity on Maiar DEX
The price of the EGLD token, which is the native token of Elrond Network is on the decline and has dropped by more than 6% today after an...
BTC price snaps its longest losing streak in history — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with some fresh hope for hodlers after halting what has been the longest weekly downtrend in its history....
Bitfarms Worried About The Fall In Bitcoin Prices Amidst Its Investment Plan in Latam
Bitfarms, a global bitcoin mining company, has told that the price of bitcoin, above all other elements, is one of the most important...
Social media blamed for $1B in crypto scam losses in 2021
The United States Federal Trade Commission has labeled social media and crypto a “combustible combination for fraud,” with nearly half of...
Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’
On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most...
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties....
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a...
Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox
The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central...
Top 5 cryptocurrencies to watch this week: BTC, ADA, XLM, XMR, MANA
The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to...
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since...
3 reasons Ethereum price risks 25% downside in June
Ethereum’s native token Ether (ETH) has dropped more than half of its value in 2022 in dollar terms, while also losing value against...
Report: Ripple CEO Brad Garlinghouse Hints at Future Mergers and Acquisitions
While visiting the World Economic Forum (WEF) event in Davos, Ripple Labs CEO, Brad Garlinghouse discussed the firm’s growth...
Who accepts Bitcoin as payment?
This is a list of some of the biggest places that accept Bitcoin, such as Microsoft and Whole Foods. First, we’re...
A Newly Published Book Claims to Tell the ‘Real Story Behind Mysterious Bitcoin Creator’
During the last 13 years, a great number of individuals have claimed to be the inventor of Bitcoin, but no single person has been able to...
Bitcoin price needs to close above $29,450 for its first green weekly candle since March
Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend. BTC/USD 1-week candle...