Quick Look
Bitcoin consolidates right below Fib level that triggered 2013 all-time highs
Bitcoin (BTC) continued to track sideways on Nov. 7 amid warnings that now is “not the time” to sell BTC. BTC/USD 1-hour...
Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering...
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value...
Bitcoin soft fork days away as Taproot upgrade closes in
Real-world use cases are one of the main adoption drivers for every crypto ecosystem, which also holds true for the Bitcoin (BTC) network....
The End of the Super Bubble vs. WAGMI
This episode is sponsored by NYDIG.Download this episodeOn this week’s “Long Reads Sunday,” NLW looks at two very different takes on the...
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according...
Regulators are coming for stablecoins, but what should they start with?
The word “stablecoin” may have a pleasant ring to it — isn’t it nice to have something stable in the volatile cryptoverse? — but for...
Decentralized Indexing Provider Aleph.im Launches Serum Markets Analytics
Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via...
Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’
Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class,...
Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its...
DeFi can be 100 times larger than today in 5 years
Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to...
Polygon Reveals Details About Its Future Collaboration With LBank During AMA
PRESS RELEASE. Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements,...
Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI
Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has...
Enter the Margaritaverse: My Week at NFT.NFC
Wandering through the damp, grey streets of Brooklyn this past Tuesday, I encountered a paper sign, haphazardly taped to a street pole....
Green means go: 5 spectacular altcoin rallies with one thing in common
In crypto trading we often see entire sectors move in tandem. DeFi coins may all curve upwards together, while metaverse tokens soared on...
Growing Number of US Mayors Want to Be Paid in Bitcoin
A growing number of mayors in cities across the U.S. have said they want to be paid in bitcoin. The mayor of Miami said he is going to...
Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the...
Altcoin Roundup: Three blockchain protocols taking the supply chain crisis head-on
The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a...
The Metaverse: Will it be a decentralized haven or a centralized tyranny?
Last week, Facebook rebranded to Meta and announced its plans to kickstart the development of the Metaverse — an entirely new way of...
Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key...
What to Do About the Looming Disaster for Crypto in 6050I
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown Weekly Recap,” NLW covers:SEC Chair Gensler’s...
Litentry Crowdloan Allocates 20% LIT Total Supply and Partners With Binance With Extra $2.5M Reward Pool
PRESS RELEASE. Litentry, a decentralized identity aggregation protocol, has revealed the launch of its Crowdloan Reward Program scheduled...
Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services
On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only...
An inside look at the moral and technical considerations of crypto social media
Following Vitalik Buterin’s call for more social application use cases on Ethereum earlier this summer, multiple crypto companies voiced...
Nigerian Experts Insist Africa’s First CBDC Is Presently Not for the Unbanked
While the Central Bank of Nigeria (CBN) continues to tout the e-naira’s credentials as a tool for fostering financial inclusion,...
Mythical Games Raises $150 Million in Series C Funding Round Led by A16z
Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. The round was led by A16z, who...
TCG World Partners With Stock Giants WSB to Expand Their Metaverse
PRESS RELEASE. The world’s largest metaverse on blockchain and NFT platform TCG World announces partnership with a stock giant...
Electronic Arts CEO Thinks NFTs and Play-to-Earn Are Part of the Future of the Gaming Industry
Electronic Arts (EA), an important gaming and entertainment-oriented company, has made insightful remarks about the importance of NFTs and...
House Sends Infrastructure Bill With Crypto Tax Provision to US President
The U.S. House of Representatives voted to pass a bipartisan infrastructure bill that contains a controversial cryptocurrency tax...
New York City Mayor-Elect Eric Adams Will Take First 3 Paychecks in Bitcoin, Promises to Make NYC Center of Crypto
New York City Mayor-elect Eric Adams says that he will take his first three paychecks in bitcoin. He has also promised to make NYC the...
Altcoin Roundup: 3 blockchain protocols taking the supply chain crisis head-on
The world of blockchain technology has undergone a significant transformation over the past decade as the concept evolved from offering a...
3 reasons why DeFi users are bullish on Abracadabra, Magic Internet Money and SPELL
Stablecoins and their use in decentralized finance (DeFi) have played a key role in the 2021 cryptocurrency bull market because allow...
Coinbase Makes Shiba Inu Crypto Available to New York Residents After Adding SHIB Trading Pairs
The Nasdaq-listed crypto exchange Coinbase has made shiba inu cryptocurrency available to New York residents, who can now trade, buy, sell...
Metaverse Tokens See Triple-Digit 7 Day Gains, Crypto Market Cap Inches Toward $3 Trillion
While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two...
Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target
Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset...
El predominio de bitcoin se debilita mientras monedas alternativas se recuperan
Bitcoin, la mayor criptomoneda del mundo por valor de mercado, apenas varió entre $60.000 y $63.000 el viernes, antes de la publicación...
Cosmoverse Conference 2021 kicks off in Lisbon
The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal....
NFTs: Tools for Art, Advocacy and Activism
This episode is sponsored by Quantstamp and Nexo.io.The third edition of NFT.NYC, New York’s non-fungible token (NFT) conference, took...
CoinMarketCap Updates and Verifies TON Crystal Listing; TON Now Among Top 5% of Assets by Market Cap
CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON)...
Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week
Bitcoin’s trading volume continued to decline over the past week as alternative cryptocurrencies (altcoins) such as ether rose to new...
Should you buy or sell Origin Trail (TRAC/USD) as it extends pullback after surging 123%?
Summary: Origin Trail (TRAC/USD) has been on a bull run since mid-October. The rally accelerated this week sparking a 123% spike on...
Is it time to bet on the Binance Coin bull-run?
Summary: Binance coin BNB/USD on Friday rallied more than 9% to extend weekly gains. The BNB is the native token for the Binance...
Maker price prediction after breaking above 100-day MA
Summary: Maker (MKR/USD) price on Thursday and Friday pulled back to trim Wednesday’s gains. MKR is the governance cryptocurrency...
Craig Wright’s Latest Funhouse-Mirror Legal Adventure
Today is the fifth day of the civil trial between Craig Wright, chief scientist of crypto research firm nChain, and the estate of Dave...
DeFi Lender bZx Suffers Hack for Reported 55M
DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist. “#bZx...
US Stablecoin Report Gets Mixed Reviews From Crypto Industry
To hear them tell it, stablecoin issuers’ prayers have been answered.Two of the top 10 issuers hailed this week’s report from the...
FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code Fraud
The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service...
NFTs Take Over NYC
It’s hard to find words to describe the crypto phenomenon that New York is witnessing right now.This week’s NFT.NYC conference, which was...
Bitcoin whale selling jumps while BTC price holds $60K and buyers snap up supply
Bitcoin (BTC) is still seeing a supply squeeze despite a significant uptick in whale selling on exchanges this week. As confirmed by...
Altcoins surge even as Bitcoin and Ethereum price fall toward key support levels
Price action in the crypto market has not been for the faint of heart over the past 48 hours and it’s clear that volatility...
Chia Network to Develop Prototype for World Bank’s Climate Warehouse
Chia Netwok, the smart transaction, energy-efficient platform created by BitTorrent founder Bram Cohen, is developing a data-sharing...
Value Locked in DeFi Surges. So Do the Exploits
The phrase “Code is Law” is often tossed around in the decentralized finance (DeFi) industry, posing that DeFi is able to self-regulate...
Central Banks Sending Worrisome Signals About the Economy
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW gets macro with a discussion of a flattening of the yield...
Jack in the Box claims in court FTX US ripped off its character to create ‘Moon Man’
Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark...
FBI Warns of Scams Using Crypto ATMs and QR Codes
The Federal Bureau of Investigation (FBI) is warning that there has been a rise in fraudulent schemes using cryptocurrency automated...
Bitcoin only needs to break $64K to run to new all-time highs — Analyst
Bitcoin (BTC) stayed rangebound on Nov. 5 as fresh analysis argued that breaking $64,000 would produce a new all-time high. BTC/USD 1-day...
Metamask founder Joel Dietz is a true Renaissance man
Joel Dietz, founder of Metamask and founding team member of Ethereum, is a romantic at heart. He creates art as “Cryptoapollo” that...
THORSwap hammers home the point: Aligned incentives are a crypto superpower
THORChain hasn’t had an easy year. After three exploits in the space of a month during the summer the protocol’s native token (RUNE) took...
Bakkt Expands Cryptocurrency Offering Beyond Bitcoin With Addition of Ether
Digital asset platform Bakkt Holdings (NYSE: BKKT) will soon allow its customers to trade ether, the second-largest cryptocurrency, in...
Moving $25 Billion in BTC via Alternate Chains — There’s Now Over 400,000 Tokenized Bitcoins in Existence
As the end of the year approaches, the price of bitcoin has hovered above the $60K region and with 18.8 million bitcoin in circulation,...
Phoenix Global token soars by 5,600% in just four minutes — But there’s a catch
It took just four minutes for a relatively unknown cryptocurrency to rise by over 5,600% as of Nov. 5, according to data from...
Crypto Risk-Monitoring Firm Solidus Labs Raises $15M
Crypto-tracking firm Solidus Labs has raised $15 million in strategic funding led by Liberty City Ventures with participation from GSR and...
Crypto News Roundup for Nov. 5, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Faces Resistance Near $64K; Support...
Argo Blockchain Shares Fall After Workers Accidentally Share Non-Public Information
The American depositary shares of Argo Blockchain, the London based crypto miner, fell as much as 5% in early U.S. trading, after the...
Analyst: Shiba Inu (SHIB) likely to see a dead cat bounce
A 26% rebound to $0.000055 is possible before another leg down SHIB could plummet even more if whale sells bags Shiba inu continues to...
BTC Futures Open Interest Continues to Rise Following Bitcoin ETF Listings Last Month
Bitcoin futures open interest continues to remain high after the launch of the first bitcoin exchange-traded fund (ETF) on October 22....
ECB’s Panetta Says Digital Euro Should Expand Overall Payment Solutions
Fabio Panetta, a member of the European Central Bank’s (ECB) executive board, detailed the roadmap for the successful inclusion of a...
SHIBA INU (SHIB) dip continues after a massive whale token movement
After an impressive bull run, Shiba Inu (SHIB) has taken a hit from a recent whale movement. The price of SHIB has dropped by over 28% in...
Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
Companies working with digital assets in Kazakhstan could soon be subject to anti-money-laundering regulation, according to a new law...
Market highlights November 5: BTC with slight losses, CRO up 20%, Phoenix Global trending
The crypto market fell to a low of $2.5 billion on Monday, then peaked at $2.8 billion on Wednesday. The total market cap was $2.7 billion...
How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace
For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain...
FTX, Lightspeed, Solana Ventures to Invest $100M in Web3 Gaming
FTX, Lightspeed Venture Partners and Solana Ventures are investing $100 million in Web3 gaming development, the companies announced...
Weekly Report: Banks are being drawn into crypto, Newly voted-in NY Mayor will take BTC pay checks
Regulations around stable coin once again took the headlines this week as involved parties struggle to read from the same page. ...
Raoul Pal: Expect a sell-off before crypto markets rip again
Pal suggests markets are about psychology Markets take the path of most pain Institutional inflows, Ethereum ETFs, and ETH 2.0 could drive...
Bitcoin Cash Briefly Spikes on Fraudulent Press Release
Bitcoin Cash (BCH) saw a sharp but short-lived uptick in its value on Friday after the publication of a fraudulent press release claiming...
Former Binance.US chief lands gig as Bitfury CEO
Brian Brooks, who has previously held positions at Binance and the US government, will take over from the resigning co-founder Bitfury...
Kazakhstan Imposes Purchase Limits on Retail Crypto Investors
Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges....
Bitcoin Faces Resistance Near $64K; Support Between $55K-$60K
Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are...
Binance Hires Former IRS Special Agent to Head Suspicious Activity Reporting
Binance has hired a veteran financial criminal investigation agent to head up suspicious activity reporting as it continues to strengthen...
Bitcoin Dominance Weakens as Altcoins Rally
Bitcoin, the world’s largest cryptocurrency, traded little changed between $60,000 and $63,000 Friday before the U.S. jobs report. The...
Best places to buy Ethereum
Ethereum reached an ATH of around $4,500 recently. The second crypto is considered a great alternative to Bitcoin with more temperate...
Sky Mavis Launches Katana, a Native Dex for Its Ronin Sidechain
Sky Mavis, the company behind the development of Axie Infinity, has launched Katana, the first decentralized exchange for Ronin, its...
Where to buy Bitcoin – in case you haven’t yet
On Thursday, Bitcoin lost 2.35%, closing the day at $61,414. The near-term bullish trend is intact according to FX Empire, supporting a...
Top places to buy Small Love Potion (SLP)
The live Smooth Love Potion price today is $0.100094 with a 24-hour trading volume of $3.8 billion. Smooth Love Potion is up...
You can now buy BinaryX: here’s where
BinaryX is a metaverse-themed, unique dual-token economic system, which lets users make money and experience fantastic adventures at the...
Phoenix Global (PHB) is up 3,718%: here’s where to buy
PHB runs on the Neo platform and has a current supply of 3.7 trillion. It is 57th by market cap, trading at $0.929 at the time of writing....
OmiseGo (OMG) soars as major exchanges support $BOBA airdrop
OmiseGo (OMG) is on the rise as major crypto exchanges show support for the $BOBA Airdrop scheduled to take place on November 19. In the...
Mintverse Closes Successful Seed Round of $1.5M
PRESS RELEASE. Dubai, UAE, 5th November 2021 — Mintverse, a new and improved NFT service platform, closes their seed round raising...
S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
South Korea’s Financial Services Commission (FSC) reaffirmed its view that non-fungible tokens (NFTs) generally do not fall under the...
Microsoft to Offer Mesh, a Corporate Metaverse for Teams
Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce...