Quick Look
UK Advertising Regulator Issues 'Red Alert' Guidance on Crypto Ads
The U.K.'s advertising regulator has issued an enforcement notice to over 50 companies that have advertised cryptocurrency advising them...
Why Loopring could test $1 soon
Loopring and other Ethereum layer-2 solutions are set to explode as Eth 2.0 is now close to becoming fully operational. Loopring has an...
Convex Finance could test $25 soon – The price action is bullish
Convex Finance rallies as more DeFi protocols integrate it. Convex is also benefiting from increased bullish momentum in the broader...
Shiba Inu breaks 100-day MA resistance: Can bulls sustain momentum?
Shiba Inu is trading in the direction of Bitcoin and the broader market. This is a good indicator as buying volumes are rising across the...
2 metrics signal traders do not expect $2T crypto market cap anytime soon
Cryptocurrencies failed to break the 42-day long downtrend after the $1.95-trillion capitalization resistance was rejected on March 20....
Ether bulls eye resistance at $3K as the network prepares to undergo ‘The Merge’
A new week in the cryptocurrency market has brought more of the same sideways price action that the wider ecosystem has experienced in...
OCEAN gains 86.4% in March ahead of Q2 launch of Ocean v4
Data security and accessibility have become important issues of the modern age as the world slowly progresses towards a Web3 future that...
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and...
First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises
Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment. Source
Crypto Exchange Blockchain.com Acquires Altonomy’s OTC Desk
Blockchain.com confirmed the deal to CoinDesk. It significantly expands the exchange’s crypto OTC network – especially in the altcoin...
FTX Invests $100M in Banking App Dave, Forms Partnership for Crypto Payments
FTX US will serve as the exclusive partner for any crypto offerings offered via Dave. Source
Metria Network: Creating a Unique Unified Blockchain Infrastructure to Support Next-Gen dApps
PRESS RELEASE. Metria Network, the much-awaited solution for the entire crypto industry will be within reach soon. The chain agnostic...
Bitcoin Miner Mawson Increases Q4 Revenue 79% From Previous Quarter
The company also raised its hashrate guidance for next year by 10%. Source
Ray Dalio’s Bridgewater Investing in Crypto Fund: Sources
It’s the first signal to date that the world’s largest hedge fund is taking crypto seriously with its own money. Source
Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry
During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data...
Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold
Bitcoin (BTC) traded roughly flat on Monday, although the Fed's plan for aggressive rate hikes caused a slight pullback intraday....
What Layer 1 Protocols Must Learn From the Telecom Crash
Layer 1 networks competing with Ethereum was a major investment theme in 2021. Source
Crypto Funds Suffer Second Straight Week of Outflows
Crypto Funds Suffer Second Straight Week of Outflows Source
Bitcoin Lower for Second Day as Price Slides Toward $40K
Cryptocurrency analysts are divided on lingering bitcoin market impact of recent Fed rate hike decisions. Source
India’s crypto tax law clarification is ‘a step backwards’, says CEO of CoinSwitch
India’s proposed crypto taxation law will take effect on 1 April this year. Ashish Singhal, the co-founder and CEO of India’s...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter...
The Future of Ethereum Sucks, and I Feel Fine
Ethereum is going to eat the global economy. The price of that growth, however, is going to be a slow drift away from the decentralized,...
Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further
CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite ALGO rising to its highest level...
Bitcoin Fades From Resistance; Support at $37K-$40K
Bitcoin (BTC) continues to struggle near the $40,000 resistance zone after overbought signals appeared on the charts. Still, pullbacks...
Goldman Sachs executes first over-the-counter crypto trade
Goldman’s over-the-counter crypto transaction was facilitated by Michael Novogratz’s Galaxy Digital Holdings. Goldman Sachs is...
SEC Delays Spot Bitcoin ETF Offerings From WisdomTree and One River
The move continues a pattern by the U.S. securities regulator of denying or not taking action on all spot bitcoin ETF applications. Source
Bitcoin ‘could easily see $30K’ with stocks due to 30% drawdown in 2022 — Analyst
Bitcoin (BTC) opened the Wall Street trading session with a spike to over $41,500 on March 21 as last week’s late gains endured. BTC/USD...
Crypto Mining, the Energy Crisis and the End of 'ESG'
How a European war made an argument about mining moot. This op-ed is part of Mining Week. Source
Luna token price is soaring, but is the network’s growth sustainable?
Terra, an open-source blockchain platform for algorithmic stablecoins, has been on fire over the last half-year or so. The value of its...
Terra price signal that preceded an 80% LUNA rally is back
A technical setup that preceded an 80% price rally in the Terra (LUNA) market in August 2021 has appeared again. LUNA paints bullish MACD...
RUNE rally: A closer look at THORChain’s new synthetic assets
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent...
Price analysis 3/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin (BTC) and most major altcoins are attempting to start the new week on a positive note by bouncing off their respective support...
Abu Dhabi Free Zone Seeks Comments on NFT Rules
A consultation paper looks to bring NFTs into Abu Dhabi's existing regulatory framework for virtual assets. Source
$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months
This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since...
Bitcoin, Ethereum Technical Analysis: ETH Stays Above $2,900 as Traders Eye $3,000 Ceiling
Ethereum remained above $2,900 to start the week, as the world’s second largest cryptocurrency consolidated its recent gains....
Struct Finance raises $3.9M in seed round funding for structured DeFi products
Strut Finance, a DeFi protocol built on Avalanche, has announced the completion of a $3.9 million seed round funding aimed at raising...
The TIE Valued at $100M as Data Service Courts Institutional Crypto
The Bloomberg Terminal-esque product raised $9 million in strategic funding. Source
First Mover Americas: CME Futures Open Interest Hints at Bitcoin Bottom, Ether Breaks Out
As bitcoin's post-Fed bounce stalls, the shape of the Treasury yield curve may keep risk appetite under check. Source
Tennis Player Naomi Osaka Becomes Latest FTX 'Ambassador,' Joining Tom Brady and More
The tennis star gets shares in the global crypto exchange as part of the deal. Source
Social Media Crypto Advice, Gamification Targeted by Global Standard-Setters at IOSCO
Tackling crypto and other investment scams might need international coordination, says the International Organization of Securities...
Don’t Call it a Comeback: The Unlikely Rise of Home Bitcoin Mining
Even with the surge in popularity, home mining only accounts for a skinny slice of the industry’s overall pie. Source
LunaFi unveils betting protocol with decentralized house pools
LunaFi has taken blockchain technology to another level after launching a betting protocol with decentralized house pools. Anyone can...
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside
BofA Initiates Coverage of Silvergate With ‘Buy’ Rating, Sees 50% Potential Upside Source
Turning losses to wins: How a Ponzi victim became a crypto evangelist
Losing money to a Ponzi scam is not the ideal introduction to the crypto ecosystem. Thankfully, Mark Dave Manansala gave crypto and...
Will Belarus Lure Crypto Miners Amid Sanctions, Russia-Ukraine War?
Despite favorable business conditions, a country’s political environment can deter international capital. Source
Terra Founder Hints at $3 Billion BTC Purchase, Explains New Bitcoin-Linked Tokenomics
Terra founder Do Kwon hinted at a future purchase of $3 billion worth of bitcoin to supply the reserves of the protocol in a recent...
Crypto users in Africa grew by 2,500% in 2021: report
Cryptocurrency adoption in Africa is on the march, despite socioeconomic factors and headwinds. A positive report by cryptocurrency...
What Does a Crypto Mining Farm Look Like? Striking Photos From Siberia to Spain
CoinDesk reporters traveled across Europe and North America to capture the diversity of cryptocurrency mining facilities. Source
EU vote on Bitcoin mining: What does it mean for the industry?
Proof-of-work (PoW) crypto mining won’t be banned in the European Union — not this year at least. That’s the conclusion from last week’s...
Introducing CoinDesk’s Mining Week
Our reporters visited crypto mining farms around the world, interviewed key players and crunched network data to shed light on a...
GrePay and Alchemy Pay Partner to Expand Crypto Payments
PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer...
Goldman Sachs Conducts First Over-the-Counter Crypto Trade With Galaxy
Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into...
After Short-Lived Ban, NY Town Is Still Reckoning With Crypto Miners Next Door
Cities across the U.S. are grappling with what it means to have cryptocurrency mining operations in their communities. Plattsburgh offers...
Highlights March 21: Major cryptos slide, US indices surge
Major cryptos were in the red over the past 24 hours. The three major US indices all surged last week as a slowdown in the Russia-Ukraine...
Blockchain Startup’s Digital Identity Solution Made Available to 50,000 Zimbabwean Patients
Flexid Technologies, a blockchain startup promoting the use of digital identities, said its solution was recently used by thousands of...
Traders Bet on Ether Staking After Eth 2.0 Upgrade
Among other reasons, ether staking yields are likely to be 10%-15% following the Eth 2.0 upgrade. Source
FTX Continues Global Expansion, Creates Unit in Australia
Cryptocurrency exchange FTX has continued its recent global expansion streak by establishing a new division in Australia. Source
‘No more 4-year cycles’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week on a tentatively stronger footing as macro cues curiously stabilize. After a calmer weekend than most...
SushiSwap community proposes Swiss legal structure to limit DAO liability
SushiSwap (SUSHI), a community-led suite of decentralized finance (DeFi) tools, plans to implement a legal structure aimed at mitigating...
COS skyrockets on launch of COS.TV: Best places to buy COS now
The cryptocurrency COS, which runs on the BNB Beacon Chain (BEP2) platform, gained 24% on news that http://COS.TV is no longer in Beta,...
Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals
With a war raging in their homeland, thousands of Ukrainians, including many involved in the crypto space, have chosen Portugal as their...
SuperRare pumps on unique upcoming NFT drop, up 39%: here’s where to buy RARE
The SuperRare ecosystem announced on Twitter that holders of the native RARE token have one day left to vote for the next independent...
Cryptocurrency exchange FTX opens office in Australia
FTX, which is considered one of the fastest-growing crypto exchanges, has opened an office in Australia and obtained an Australian...
Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario
Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts...
Gensokishi Online Announces Listing Metaverse(MV) Token on Gate․io and Campaign
PRESS RELEASE. MV/USDT pair will be listed on Gate.io, a leading Cryptocurrency exchange, on March 23, 2022 at 11:00AM (UTC).. The...
Hubspot Hack Leads to Data Breaches at BlockFi, Swan Bitcoin
Both companies assure users their crypto is safe as Hubspot had limited access to internal data. Source
Prince Philip of Serbia: Bitcoin Is Freedom — Says ‘We Need to Take the Money Away From the State’
Prince Philip of Serbia and Yugoslavia says that bitcoin is freedom. Noting that “we need to take the money away from the...
Federal Reserve Bank President Pushes for Faster Rate Hikes — Says the Fed Risks Losing Credibility on Inflation Target
The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and...
First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week
The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a...
US Treasury Official: We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its...
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a...
Inside the blockchain developers’ mind: How to avoid development hell
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside...
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200...
SXSW 2022 showcased immersive NFT experiences, lacking crypto and Bitcoin sessions
South by Southwest — commonly referred to as “South By” or “SXSW” — has returned to Austin, Texas this year to showcase the latest trends...
Bitcoin eyes highest weekly close since early February as BTC price hovers under $42K
Bitcoin (BTC) stayed the near top of its recent trading range on March 20 as the weekly close looked set to crack a multi-week high....
The Number of SHIB Holders Shudders in 3 Days, Shiba Inu Slid 17% in Value Last Month
While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the...
Revisiting Bitcoin’s Energy ‘Problem’ in the Face of ESG Investment Mandates
Critics of Bitcoin’s energy use should consider its relative carbon density rather than the absolute amount of energy used. Source
Kenyans Lose Millions of Dollars to yet Another Cryptocurrency Scam: Bitstream Circle
The masterminds behind the alleged cryptocurrency Ponzi scheme called Bitstream Circle are believed to have stolen more than $10 million...
Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ETC, EGLD
Bitcoin (BTC) rose above $42,000 on March 19 but the bulls continue to face a strong challenge from the bears at higher levels. Although...
Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree
The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette,...
Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia
A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia’s parliament....
Metametaverse Secures $2 Million — Aims to Achieve Metaverse Interoperability
Metametaverse, a company whose purpose is the integration and interoperation of different metaverses, has already secured funding of $2...
The metaverse will change the paradigm of content creation
Content constitutes the essence of the internet and comes in many different forms that the current Web2 internet iteration supports —...
Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’
Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the...
Litedex Protocol, the First DEX in Indonesia Supported by Deputy Minister of Trade as a Meta Finance Blockchain Developer, to be listed on LBank
PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 20th, 2022 – LBank Exchange, a global digital asset trading platform, will list Litedex...
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam...
Every Bitcoin helps: Crypto-fueled relief aid for Ukraine
The people of Ukraine require the world’s help more than ever before. As the conflict between Russia and Ukraine continues to rage on, the...
Ron Paul Cautions Government Could Still Ban Bitcoin — Says He’s Influenced ‘a Whole Lot’ by History
Former U.S. Congressman Ron Paul says he still believes that the government could outlaw bitcoin mainly because he is “influenced a...
Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu
A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers...
Peter Thiel Says His ‘Biggest Mistake of the Decade Was Getting Too Late and Too Little Into Bitcoin’
During a discussion published on March 12, 2022, the billionaire entrepreneur and venture capitalist, Peter Thiel discussed how he built...