Quick Look
Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip
Bitcoin (BTC) bulls are probably quite disappointed with how the start of 2022 has shaped up, especially since the cryptocurrency plunged...
Dogecoin (DOGE) declines below key support – Is the meme coin hanging by a thread?
After experiencing a lot of selling pressure for the best part of the year, Dogecoin (DOGE) has surged past a key support zone. The...
These are the best platforms to buy NFTs in 2022
Non-Fungible tokens or NFTs are becoming big and will be a huge part of the crypto world in the years ahead. Because of this, there are a...
Genesis Posts Another Record Derivatives Trading Quarter With Over $20B in Volume
Digital currency prime broker Genesis Global Trading posted over $20.7 billion in notional value traded for derivatives during the fourth...
Axie Infinity Founder Sky Mavis Launches RON Governance Token
Sky Mavis, creator of play-to-earn Axie Infinity is releasing RON, a governance token for its Ethereum sidechain, the Ronin Network,...
Altcoin Shopping list: 3 tokens to buy during this January slump
The crypto market has simply crashed in January. Most coins are trading in the red and it doesn’t seem like there is enough demand...
Polkadot struggles to make a bullish comeback after a 70% crush
– Bearish wave halts on Polkadot. – DOT lost more than 40% last week. – Polkadot awaits a potential deal with FC...
Rio Official Explains Why City Is Putting 1% of Its Treasury Reserves Into Crypto
By investing 1% of its treasury reserves in crypto, the Brazilian city of Rio de Janeiro seeks to become a global crypto hub and lessen...
How Did a Former Quadriga Exec End Up Running a DeFi Protocol? Wonderland Founder Explains
Following one of the most tumultuous 48 hours in recent crypto history, DeFi’s most freewheeling act is showing signs that it may be...
78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since...
Chainlink Labs Hires Diem Co-Creator Christian Catalini as Technical Adviser
Blockchain project Chainlink Labs has hired the co-creator of Meta’s Diem, Christian Catalini, as well as Stanford cryptographer Dan Boneh...
To Hide or Not to Hide? That’s the Bitcoiner’s Question
Crypto has deep roots in the privacy space. But today’s bitcoiners aren’t quite as skittish about sharing their ID as the maximalists of...
SEC Rejects Fidelity’s Wise Origin Bitcoin ETF Proposal
The U.S. Securities and Exchange Commission (SEC) refused to approve a Fidelity spot bitcoin exchange-traded fund (ETF), adding to the...
US Lawmakers Challenge Infrastructure's Bill Definition of 'Broker'
A group of United States representatives have challenged the infrastructure bill's definition of "broker," believing it to be incompatible...
Bitcoin, Ethereum Technical Analysis: BTC Prices Shaken as Fed Keeps Rates Unchanged
Cryptocurrency markets were volatile on Thursday as traders appeared to react to the Federal Reserve’s decision to keep interest...
Bybit completes Arbitrum integration, funds bitDAO with $134M
Bybit, one of the most dynamically growing cryptocurrency exchanges in the world, has completed the integration of the Arbitrum mainnet,...
The Algorithmic Life Is Not Worth Living
It’s Privacy Week here at CoinDesk, and we’ve been diving into a variety of technological and legal angles on the consequences of digital...
Stellar trade neutral after price struggle to extend bearish rally
Key points The market lack volatility after oversold price stabilisation $0.25 and $0.14 maintain demand and supply levels Stellar...
Cointelegraph Consulting: The bigger role of LUNA in Terra
In an interview, Do Kwon, co-founder and CEO of Terraform Labs, said that Terra’s ecosystem was built with several use cases such as...
Bitcoin Price Prediction: Can Bitcoin breach resistance?
Bitcoin has made a V-shaped recovery in the last 48-hours Bitcoin is now trading at a key resistance level of around $38,165. f the...
Gal Yosef launches Meta Eagle Club NFT collection
Globally respected 3D artist Gal Yosef is excited to launch his Meta Eagle Club NFT collection, which will be backed by the...
Avalanche price prediction: Can AVAX bulls sustain momentum?
Key points: AVAX is on a rebound but faces strong resistance at $70.31 If AVAX bulls fail at $70.31, a consolidation or a bear trend...
Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx
While reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two...
Few Crypto Firms Even Trying to Comply With FATF's ‘Travel Rule’
When it comes to complying with the so-called travel rule, the cryptocurrency industry has a long way to go.And it’s unclear when it will...
Internet Computer price prediction: Is ICP stalling at key resistance?
ICP volumes even as the broader market turns bullish Key points: ICP rebounds but volumes are lower than most major cryptos...
Cosmos price prediction: Are the bears crawling back?
Key points: Cosmos in a correction after a day of consolidation. Bearish volumes are still low. Cosmos is heavily reliant on overall...
What Advisors Should Know About NFT Investing
Every day seemingly brings a new scam in the world of crypto, and yet the growth of the industry is in no way slowing.The popularity of...
Crypto News Roundup for Jan. 27, 2022
This episode is sponsored by Kava.Today's Stories:Bitcoin to Remain Choppy as 'Fed Put' Expires: AnalystsBitcoin, Ether Traders Lose $200M...
US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral...
No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price
Bitcoin (BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be...
Before You Click 'I Agree': How Binance, Coinbase and 22 Other Crypto Exchanges Handle Your Data
Never bother to read the privacy policy when signing up for a cryptocurrency exchange? Maybe you should.For Privacy Week, CoinDesk...
Crypto industry seems willing to adopt FATF travel rule: Survey
The cryptocurrency industry is eager to comply with the Financial Action Task Force’s (FATF) so-called Travel Rule, and appears...
Amazon Marketplace Owners Can Now Be Bought Out in Crypto
Amazon Marketplace owners who sell their business to Elevate Brands will now have the option of being paid in crypto.Elevate Brands, which...
Chrono․Tech Attracts $30 million Investment
PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling...
Where Should Advisors Go for Crypto Education?
If 2021 was the year that many wealth management firms started taking cryptocurrencies and digital assets seriously, then 2022 has to be...
Trezor Adopts Swiss Travel Rule Protocol for Private Crypto Wallets
An automated way of sharing proof that a user owns a private cryptocurrency wallet when transacting with a regulated exchange in...
Warner Music Group to Launch ‘Concert Theme Park’ in Sandbox Metaverse
Warner Music Group (WMG) is entering the metaverse with a music-focused theme park in The Sandbox, the company announced Thursday.WMG is...
Matter Labs, BitDAO Back $200M DAO for ZkSync
Matter Labs, the organization behind Ethereum layer 2 scaling protocol zkSync, has announced a $200 million decentralized autonomous...
Crypto Exchange Apifiny Going Public Through $530M SPAC Merger
Apifiny Group, a digital asset trading network for institutional investors, announced plans to go public through a reverse merger with...
Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In Venezuela
Sunacrip, the Venezuelan cryptocurrency watchdog, has suspended the operating licenses of two exchanges for lack of compliance with...
CoinTracker Raises $100M as Crypto Tax Season Heats Up
Crypto tax software developer CoinTracker raised $100 million from venture backers, entering growth mode just as the 2022 tax season is...
Wonderland Rattled After Cofounder Tied to QuadrigaCX Alleged $190M Exit Scam
Wonderland’s TIME tokens fell 32% in European hours after blockchain sleuths revealed ‘Sifu,’ a core member of the founding team, was...
Mobile-First Blockchain Celo Launches Stablecoin Tied to Brazilian Real
Phone-focused blockchain Celo launched cREAL, a stablecoin pegged to Brazil's local currency the real, the platform announced Thursday.As...
Crypto Custody Firm Fireblocks Raises $550M at $8B Valuation
Cryptocurrency custody firm Fireblocks has raised a $550 million funding round, valuing the technology provider at over $8...
Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K
Bitcoin (BTC) climbed down from multi-day highs on Jan. 27 as the aftermath of the latest United States Federal Reserve meeting saw bulls...
Coinbase Still the ‘Blue Chip Way’ to Gain Crypto Growth Exposure, Goldman Says
Shares of Coinbase have fallen around 45% after earnings alongside a similar sized fall in crypto market cap, due to expectations of...
Bitcoin, Ether Traders Lose $200M to Liquidations in Choppy Market
Futures traders betting on the upside for bitcoin and ether lost a cumulative $204 million to liquidations as prices dipped over the past...
Here is why recently launched BSC metaverse coin CryptoSword (SWD) is up over 400% today
While crypto markets have been trading sideways over the week, several metaverse coins have seen significant price gain, with CryptoSword...
US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department...
Solana, Avalanche Post Biggest Declines After Hawkish Fed Outlook
The slight recovery in the crypto markets this week all but retracted as major cryptocurrencies dipped up to 7% in the past 24 hours amid...
Market highlights January 27: Cryptos receding again, markets react to Fed decision
Though things were looking better for cryptos over the last couple of days, this morning the crypto markets were once again...
Bitcoin to Remain Choppy as 'Fed Put' Expires: Analysts
Bitcoin's near-term prospects look bleak after the U.S. Federal Reserve set the stage for a more aggressive withdrawal of liquidity,...
What is GrimaceCoin, can you buy it, and where? Here’s all you need to know
GrimaceCoin was created after a McDonald’s joke tweet. While that’s not phenomenal, it gained almost 286,000% in a few hours....
You can now buy Numeraire, which surged 38%: here’s where
Numeraire is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with...
Ankr is up 10% in the last 24 hours: here are the best places to buy Ankr now
Ankr is gaining on news of a partnership with chain agnostic bare metal company Maxihost to promote Web3 growth among other reasons. The...
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S....
Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike...
Dvision Network 2nd LAND Sale to Be Held on OpenSea and Their Native Marketplace
PRESS RELEASE. Not too long ago, Dvision Network had successfully initiated their LAND sale, and now it is time for the second sale to...
Crypto money laundering up by one third in 2021 but still below record
A new Chainalysis report has revealed that $8.6 billion in value was laundered through cryptocurrency in 2021. It marks a 25% increase...
ETH to hit $20 trillion market cap by 2030: Ark Invest
A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or even exceed a $20 trillion market cap within the next 10...
Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators
The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing...
Diem to Sell Assets to Silvergate Bank for $200M: Report
The Diem Association, the Meta Platforms-led enterprise that was looking to issue a new, user friendly stablecoin, is selling its...
Tesla’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion
Elon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest...
Coinbase Close to Listing Solana Ecosystem Tokens: Sources
Coinbase is readying its trading rails for Solana ecosystem tokens, four sources familiar with the plans told CoinDesk.The U.S.-based...
A Struggling South Korean Museum is Auctioning National Treasures; Meet the 2 DAOs Trying to Buy Them
South Korea’s oldest private art museum will be auctioning two sculptures designated as “national treasures” by the South Korean...
Ripple Scores $15 Billion Valuation — CEO Says Financial Position Is Strongest Ever Despite SEC Lawsuit Over XRP
Ripple has bought back shares from its Series C funding round, which raised the company’s valuation to $15 billion, according to...
Altcoins book 40% gains after Bitcoin and the crypto market enter a relief rally
Crypto investors are beginning to feel a sense of hope once more on Jan. 26 as the wider cryptocurrency market is seeing green and Bitcoin...
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach...
The Sandbox Looks to Boost Metaverse Startups With $50M Incubator Program
Metaverse darling The Sandbox is launching a $50 million incubator program in partnership with venture accelerator Brinc, the company...
Ethereum bulls aim to flip $2.8K to support before calling a trend reversal
The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on...
First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out
Good morning. Here’s what’s happening:Market moves: Bitcoin gave up early gains after Powell’s hawkish comments.Technician's take:...
Global Crypto Owners Predicted to Surpass 1 Billion This Year
The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com....
Tesla Reports Bitcoin Holdings Were Unchanged in Q4
The value of the bitcoin holdings of Tesla (TSLA) at the end of the fourth quarter remained unchanged from the end of the previous quarter...
NFT ‘ETH in Mellieha’ Set to Go on Auction for Legal Rights to Number Plate
ETH in Mellieha is the latest in a long line of NFT experiments that aim to challenge traditional values and concepts of art and...
El Salvador's Battle With the IMF Is Bigger Than Bitcoin
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeWhen Nayib Bukele announced that El Salvador...
Market Wrap: Bitcoin Rally Fades After Fed Signals Upcoming Rate Hike
Bitcoin experienced sharp price swings on Wednesday along with most traditional assets. The spotlight was on the U.S. Federal Reserve,...
Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission...
Crypto Infrastructure Firm Blockdaemon Raises $207M at $3.25B Valuation
The unicorn valuations are still here despite the crypto market's current sea of red, with Blockdaemon being the latest example.The...
SEC Scrutinizing Crypto Firms Over Interest Paying Services: Report
The Securities and Exchange Commission (SEC) is probing crypto exchanges Voyager Digital and Gemini Trust and crypto lender Celsius...
SundaeSwap Switcheroo Leaves CardStarter Users With Losses, Spreading Cardano Discord
A falling-out between two startup projects on Cardano has spilled out onto social media, reaching such rancor that the blockchain's...
Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year
There’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A...
Bitcoin Oversold Bounce Faces Resistance at $40K-$43K
Bitcoin (BTC) rose from deeply oversold levels over the past two days, indicating renewed buying after a sharp sell-off. The...
IMF wants El Salvador to drop Bitcoin as legal tender
El Salvador adopted Bitcoin as legal tender in September 2021 and wants to build a ‘Bitcoin city’. The IMF says the...
For Enterprises, Privacy Is the Critical Blockchain Feature
Blockchain privacy is really hard.Central to the magic of blockchain technology is the consensus algorithm, the tool that maintains the...
Technical Analysis: Cosmos Decline Continues, as Polygon Surges
Ahead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of...
Fed Keeps Interest Rates at Zero, Says Hike Appropriate ‘Soon’
The U.S. Federal Reserve said Wednesday it would hold interest rates near zero, even as it edges closer to removing some of the...
RLY Backer SuperLayer to Bring Social Tokens to Solana
Projects expanding from Ethereum to faster and cheaper blockchains like Solana have been a common occurrence in recent months, and social...
Price analysis 1/26: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin (BTC) and most major altcoins have bounced off their strong support levels but could the rally sustain to the extent that traders...
How to Build Full Blockchain Apps with Zero Blockchain Development Experience
Blockchain technology stands to revolutionize a wide range of industries, and many companies are eager to move their operations on-chain....
FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion
On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like...