Quick Look
ChangeNOW adds support for NFTs to its NOW Wallet
The NFT feature can be accessed via the ChangeNOW website as well as via mobile app, the exchange said in a statement. ChangeNOW hopes the...
Axie Infinity Reduces SLP Emissions to Prevent 'Collapse'
Concerns around emissions of an in-game token caused falling user numbers and a drastic plunge in SLP prices. Source
EU Weighs Potential Metaverse Regulation: Report
The European Union (EU) is analyzing the metaverse and what potential regulatory action will be required, one of its commissioners has...
Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol....
Kazakhstan President Calls for Tax Increase on Crypto Mining: Report
The government is looking to increase a special tax on mining fivefold, weeks after it came into effect. Source
Bitfinex-backed LEO token jumps 43%: this is why the price of LEO is soaring
Today the price of UNUS SED LEO (LEO) token jumped 43% to reach its record high. At the time of writing it was trading at $7.13. It has...
First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits
Ether and other major altcoins were up over the past 24 hours. Source
Bitfinex-backed LEO soars to record high on supply crunch expectations
Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch...
DeFi’s Aave Launches Web 3 Social Media Platform ‘Lens’
Composability will be a key feature of the new offering. Source
Bitcoin centers on $44K as BTC price MACD delivers long-awaited bull signal
Bitcoin (BTC) hovered around $44,000 on Feb. 9 as a modest uptick towards the Wall Street open provided relief for support levels. BTC/USD...
Suit up! Cointelegraph Store drops fresh crypto swag
A new era in the world of crypto-inspired merch is here. The Cointelegraph Store is live and ready to outfit you with swag you can’t find...
Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves
Bitcoin (BTC) is in rally mode after a breakout above $43K. Still, trading volume and volatility remained low on Monday, suggesting low...
Protesters lose 10 million CAD, Bitcoin community steps in
Canadian truckers driving to the United States must be vaccinated following a government mandate, or lose their job. In response to these...
Google Cloud Adds Crypto Mining Malware Threat Detection Service
Google’s new Virtual Machine Threat Detection (VMTD) will be able to identify threats from coin mining, data exfiltration and ransomware....
Russia moves to recognize crypto, eyes new laws
The Russian government and the Bank of Russia look to have crypto regulated as currencies, local reports have suggested. Russia is set to...
Opensea’s All-Time NFT Sales Volume Crosses $20 Billion
Data indicates the non-fungible token (NFT) marketplace Opensea has crossed $20 billion in all-time sales. The leading NFT marketplace has...
NY Fed: Stablecoins Are Not the Future of Payments
Researchers at the New York Federal Reserve have published another research paper, laying out reasons why stablecoins aren't the future of...
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, as Russia Looks to Regulate Crypto
Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate,...
Leading Digital Exchanges Launch Crypto Market Integrity Coalition
Founding members of the 17-strong Crypto Market Integrity Coalition (CMIC) include Coinbase, Huobi Tech, Circle, GSR, and Anchorage...
Why Meta Penguin Island Should Be Your Favorite Place to Look for NFTs This Winter
PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs...
GameStop tokenized stock FTX (GME) jumps 13% amid speculations of GameStop partnering with Microsoft
GameStop tokenized stock FTX (GME) coin has been on the rise since GameStop announced its partnership with Immutable X. The uptrend...
Crypto Mining Stocks Rally as Bitcoin Surges Past $44,000
Publicly-traded miners large and small have rebounded in February in concert with bitcoin’s rise. Source
Russian Government Approves Plan to Regulate Cryptocurrency
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework...
Bitcoin needs to reclaim these two levels to avoid another dip to $28K
Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed,...
Bitcoin Lightning Network growth capacity plateaus at 3,400 BTC
Following an exponential climb in capacity over 2022, the Bitcoin (BTC) Lightning Network made a lackluster start to the new year....
Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K
Bitcoin (BTC) continues to rally toward the $45K-$47K resistance levels. The outlook for BTC is less bearish after holding above the $40K...
CBDCs and the Case for the Public Good
It's time to get clearer on what digital fiat currencies can and can't do, says the COO of the Stellar Development Foundation. Source
KPMG Canada Adds Crypto to Its Balance Sheet
The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services. Source
Russian Government Eyes $13 Billion in Taxes From Crypto Economy
Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government...
Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before, suggesting investor confidence in the recovering...
Of Course It’s OK to Out the BAYC Founders
In "doxing" two of the NFT project's creators, BuzzFeed News was simply doing its job. Source
Market highlights February 9: UNUS SED LEO rallying on Bitfinex news, strong earnings lift US indices
The crypto market as a whole was uneventful with a few exceptions, which we’ll note here. Most of the top 100 coins by market cap...
Valkyrie Bitcoin Miners ETF Approved for Nasdaq Listing
The Valkyrie Bitcoin Miners ETF (WGMI) will invest at least 80% of its net assets in companies that derive a minimum of 50% of their...
Bitcoin needs to reclaim these two levels to avoid another a $28K dip
Bitcoin (BTC) may have rebounded strongly in recent days, but its journey to new highs is only just beginning — and far from guaranteed,...
Meet the Man Behind Associated Press' Crypto Strategy
Meet the Man Behind Associated Press' Crypto Strategy Source
GALA is rebounding, gained 8% today and counting: top places to buy GALA
Metaverse token GALA has gained 117% since the beginning of this month alone. This week’s jump is mainly attributed to the launch of...
Bomber Coin shed 8% of its value today: is it time to buy the dip?
Bomber Coin, the native token of the P2E game Bomb Crypto, has lost 8% of its value in the last 24 hours and continues to decline. Is it...
$4K Ethereum by July? ETH price posts fastest recovery to date from 50% drawdown
The price of Ether (ETH) has pulled back to retest $3,000 support levels on Feb. 9 after Ethereum’s native token reached a...
Saudi Arabia Medical Institution Implements Blockchain-Based ‘Digital Credentialing Solution’
Saudi Arabia’s King Faisal Specialist Hospital and Research Centre recently became one of the country’s early adopters of...
Tezos is up 8% in the last 24 hours: here’s where to buy Tezos before it’s too late
The live Tezos price today is $4.46 with a 24-hour trading volume of $429.5 million. Tezos, a token on Binance Smart Chain, is up 7.97% in...
New FDIC Acting Chair Says Evaluation of Crypto Risks Is a Top Priority for 2022
Martin Gruenberg said agencies like the FDIC needed to provide “robust guidance” to the banking industry on how to manage the risks to...
‘Powder keg’: FSInsight report says a single spark could see BTC 5X
Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of...
The Rabbids Invade the Metaverse as The Sandbox Partners With Gaming Giant Ubisoft
On February 8, the subsidiary of Animoca Brands and the decentralized gaming virtual world project, The Sandbox, announced the company has...
Dvision Network 2nd LAND Sale on Polygon Successfully Takes Place
PRESS RELEASE. Dvision Network’s second LAND sale has now been successfully conducted on the Polygon Mainnet. As a matter of fact,...
Crypto Payments Firm Wirex Expands to US, Begins Distributing Crypto-Linked Visa Debit Card
U.S.-based users of Wirex will be able to use the company’s app to buy, store, and exchange traditional currencies and 37 different...
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining
Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the...
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring”...
Bitcoin bulls aim to solidify control over BTC price by flipping $44K to support
Hope for the possibility of another significant rally in the cryptocurrency market has returned, even though Bitcoin (BTC) rejected at...
‘China’s crypto ban had little impact on Neo,’ says organization’s developers
Once hailed as the “Ethereum of China,” Neo’s token price has fallen on hard times ever since the world’s most...
Ethereum price holds above $3K but network data suggests bulls may get trapped
When analyzing Ether’s (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons....
Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets
Accounting Standards Are Key to Getting Digital Assets on Corporate Balance Sheets Source
Bitcoin Giveaway: Crypto Exchange FTX Giving Away BTC During Super Bowl
Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive...
Polygon Raises $450M From Sequoia Capital India, Galaxy, SoftBank to Support Web 3 Plans
Polygon will use the funding to build Web 3 applications and invest in zero-knowledge technology. Source
North Korea Used Stolen Crypto to Fund Missile Program: Report
North Korea stole more than $50 million from cryptocurrency exchanges, a United Nations report says, according to Reuters. Source
Aave (AAVE) is expected to surge in the near term after launching a brand new social media platform
Aave (AAVE) has been going through a period of recovery over the last few days. The leading DeFi protocol is reversing some of the losses...
FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid...
RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility
Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for...
Blockchain.com’s Global Head of Asset Management Is Leaving the Firm
Xen Baynham-Herd, global head of asset management at crypto exchange and digital wallet provider Blockchain.com, is leaving the business,...
Terra (LUNA) could swing to $90 despite reporting consistent downtrends over the last few weeks
Terra (LUNA) is looking poised for a decent upswing after spending much of 2022 on the downtrend. The coin has been showing some signs of...
$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter
Blockchain infrastructure company Meter has had $4.4 million stolen in a hack which affected its own network and also the Moonriver...
Covesting Token Update: All-New COV-Denominated Accounts Now Live on PrimeXBT
Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying...
Fantom (FTM) rally is slowing but the coin remains well on course towards $3 in the near term
Fantom (FTM) has remained one of the best-performing crypto assets in the last few weeks. There was of course some major news on the chain...
Avalanche (AVAX) remains on course towards $100 – But expect some significant pullback before then
As the broader crypto market recovers from the January correction, it seems like Avalanche (AVAX) has put on the afterburners. The coin...
Aleo Blockchain Raises $200M for Privacy-Minded DeFi
The lovechild of Ethereum programmability and Zcash privacy is getting a funding boost from SoftBank, Tiger Global and others. Source
DigiByte (DGB) Price Prediction – What does the future hold for this microcap
DigiByte (DGB), like many assets in the market, has seen some strength in the last few days. However, as a small microcap coin, there is...
Treasury official calls for “urgent” stablecoin legislation from US Congress
Stablecoin regulation is one of the key issues in the President’s Working Group on crypto. US Treasury Undersecretary for Domestic...
Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply
As the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain...
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
Mitsubishi UFJ Trust is set to issue a stablecoin as a means of payment in aiming to bring about instant settlement of securities...
XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K
Friday's stronger-than-expected U.S. jobs data and bitcoin adoption by two major credit unions underpinned a price recovery, analysts...
Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said. Source
Tesla Records $101M Impairment Loss on Bitcoin Holdings for 2021
Tesla recorded around $101 million of impairment losses from changes in the value of its bitcoin holdings in 2021. Source
Coinbase Explains Guidelines for Removing Accounts and Content
"Our approach is to be free speech supporters, but not free speech martyrs," writes Coinbase CEO Brian Armstrong. Source
FBI arrests two over 2016 Bitfinex hack, $3.6B in Bitcoin seized
Bitfinex lost 119,754 bitcoins in the August 2016 hack The US Justice Department announced on Tuesday that its law enforcement agents had...
Shiba Inu's SHIB Rockets 26%, Leads Meme Coin Gains
Several dog-themed tokens were the top gainers on Monday amid a recovery in the broader crypto market. Source
VR Headset Maker HTC Safe From Meta’s Stock Wipeout
The manufacturer of the Vive VR headset opened trading in Taipei up 5% after the Lunar New Year break. Source
Crypto, Blockchain Investments in 2021 Exceeded Previous 3 Years Combined: KPMG
Investment in blockchain and cryptocurrency hit $30 billion in 2021, more than in the three previous years combined, according to a new...
Smooth Love Potion (SLP) price is up 24%: why is the Axie Infinity game token rising?
The SLP token has been on the rise today and it was trading at $0.01926 at the time of writing; a 24.17% rise over the last 24 hours. Its...
US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets
Whether regulations on stablecoins and digital assets should be addressed at the state or federal level was the topic of discussion among...
US Seizes 94,636 Bitcoin From 2016 Bitfinex Hack in ‘Largest Crypto Seizure to Date’ — 2 People Arrested
The U.S. Department of Justice (DOJ) has announced the seizure of 94,636 bitcoins directly linked to the 2016 hack of the cryptocurrency...
Wonderland’s treasury saga exposes the fragility of DAO projects today
The Wonderland protocol became the talk of the decentralized finance (DeFi) world after the platform was found at the center of a brewing...
Technical Analysis: LEO up 60% Today, SHIB Falls Lower Following Monday’s Gains
Shiba inu’s (SHIB) 50% rise on Tuesday, seems to have inspired LEO bulls, who moved to push prices up by 61% in today’s...
Ethereum Name Service Removes Core Team Member Brantly Millegan Over 2016 Tweet
Millegan says he will keep his position as director of operations of True Names Ltd., the legal entity of the ENS DAO. Source
Globalblock partners Premier Sports Network to promote crypto adoption in global sports
GlobalBlock becomes Premier Sports Network (PSN)’s official digital asset partner The collaboration will see GlobalBlock get access...
Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K
This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In...
The Corporate Argument for Bitcoin
MicroStrategy CEO Michael Saylor likened his company’s performance to rowing a boat against wind blowing harder than one can row. Is...
First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading
Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump. Source
How Crypto Can Power the Future of Work for People of Color
How Crypto Can Power the Future of Work for People of Color Source
Crypto Miner Merkle Among First to Get Bitmain’s Newest Liquid Cooling Mining Rigs
Merkle will receive 4,449 S19 Pro+ Hydro’s from Bitmain in May. Source
Charity hack fixes your crypto CGT bill: Endaoment
Robbie Heeger’s Endaoment has facilitated the donation of over $30 million of cryptocurrency to 243 different charities. These donations...
OpenSea once again delists CryptoPunks v1 as legal battle heats up
Late Monday, popular nonfungible tokens, or NFTs, platform OpenSea once again delisted the CryptoPunks v1 collection, which spiraled into...