Quick Look
SEC Chair Gary Gensler says the US won’t ban crypto
Gensler, however, notes that a ban could be imposed by the US Congress if it chooses The US has no plans to ban cryptocurrencies in the...
Blockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade
On Tuesday, cryptocurrency supporters on social media and forums discussed Blockstream’s Liquid sidechain product as block signing...
Sorare Signs Second Major Soccer NFT Partnership With Bundesliga
The top dog of the European soccer non-fungible token (NFT) industry is adding Germany’s Bundesliga to its growing list of...
‘Large pump’ coming to Bitcoin, hints BTC price metric — But maybe not until December
Bitcoin (BTC) should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years....
Bitcoin Futures Premium on CME Surges as ETF Speculation Grips Market
Bitcoin’s latest breakout above $50,000 seems to be backed by renewed institutional buying.Front-month bitcoin futures contracts based on...
Bitcoin price breaks $50k again as Shiba Inu and Dogecoin soar
SHIB and DOGE are seeing the most gains among altcoins as BTC looks to battle the profit-taking deals above $51k Bitcoin price has soared...
A16z, Coinbase Crown India’s Second Crypto Unicorn in $260M Funding Round for CoinSwitch Kuber
India has its second cryptocurrency unicorn after Andreessen Horowitz (a16z) and Coinbase Ventures backed CoinSwitch Kuber in a $260...
Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future....
BIS Outlines How Stablecoins Could Comply With International Money Standards
The Bank for International Settlements’ (BIS) says stablecoin payment systems should comply with international standards for payment,...
ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi
DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving...
Binance Registers 3 More Firms in Ireland as Crypto Regulation Heats Up
Binance, the world’s largest crypto exchange, has registered three of its firms in Ireland following regulatory measures and pressure from...
American Collectibles Giant Topps Launches Series 2 MLB NFT Collection
The American company that produces Bazooka chewing gum, candy, and collectibles, Topps Company, Inc., announced the launch of the second...
Cosmos sees 1 million transfers in a month across the ecosystem
The Cosmos cross-chain network has been growing steadily along with the projects that run on top of it and it’s just reached a milestone...
New Zealand Cryptocurrency Exchange Easy Crypto Closes $12M Series A Venture Round
Easy Crypto closed a $12 million Series A funding round, the New Zealand-based cryptocurrency exchange announced in a press release dated...
US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services...
Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K
The early morning momentum that pushed Bitcoin (BTC) above $50,000 on Oct. 5 continued throughout the day after bulls took control of the...
A16z Proposes Decentralization-Friendly Oversight Regime for US Government
Venture capital firm Andreessen Horowitz (a16z) has suggested four main areas where the U.S. government can govern cryptocurrency and...
Brazilian Congress to Consider Bill Regulating Crypto Exchanges
Brazil’s Congress will discuss a bill that regulates companies operating in the cryptocurrency sector and increases penalties for crypto...
Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls?
Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move...
Family of Popular NFT Projects Launch Collaborative Initiative and Genesis Collection
On Tuesday, a new Draper Goren Holm incubated company called NFT.FAMILY has announced the launch of a new generative non-fungible token...
VORTECS™ Report: How this quant-style indicator foreshadowed Axie Infinity’s rally to a new ATH
Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the...
IHC: Wilder to Land a Blow for Crypto
PRESS RELEASE. LAS VEGAS & ULAANBAATAR – On Saturday 9 October, Deontay “The Bronze Bomber” Wilder will be...
PacSun to Accept Crypto Payments From Online Shoppers
Youth-focused fashion retailer PacSun will accept cryptocurrency payment methods from online shoppers starting this week through a...
SEC Chair Gensler: A Ban on Crypto Would Be ‘Up to Congress’
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler told Congress on Tuesday that the SEC has no plans to ban crypto.When...
Market Wrap: Bitcoin at $50K as the Bulls Return
Bitcoin is trading around $50,000, which analysts consider a positive milestone after last month’s crypto sell-off. BTC is up about 22%...
While Politicians Worldwide Clamor Over Tax Evasion, Pandora Papers Show Bureaucrats Are the Worst Offenders
As bureaucrats across the globe continue to ask the common citizenry for access to every financial decision they make, politicians and...
Stablecoins in the Hot Seat as SEC Investigates Circle
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW homes in on recent reports surrounding the Biden...
What it’s like when the banks collapse: Iceland 2008 firsthand
Many Bitcoiners look forward to the day in the future when the banking system collapses and hyper-Bitcoinization occurs. But Jared Bibler...
Web 3 Is Where the Young People Are
Centralization is a single point of failure. That was clearly on display yesterday when Facebook’s entire operation – from its...
Traders pile into altcoins after Bitcoin bulls take hold of $50K
Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft disputed level. The strength seen...
NFT Market Too Frothy? Now You Can Short It
Decentralized derivatives exchange SynFutures is launching NFTures, a product that lets users bet on the future prices of non-fungible...
Here’s What We Know About Suex, the First Crypto Firm Sanctioned by US
When the U.S. Treasury Department announced its first-ever sanctioning of a cryptocurrency exchange last month, many industry participants...
7 Crypto Billionaires Make Forbes 2021 List of Richest Americans
Cryptocurrency has propelled several new faces to the Forbes list of the 400 richest people in America.Among them are FTX’s Sam...
Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger
Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is...
Bitcoin Halving, Explained
The Bitcoin halving, also known as “The halvening,” is the name for one of the most hotly anticipated events in Bitcoin’s history.In May...
US Bank Launches Crypto Custody With NYDIG Backing
U.S. Bank on Tuesday launched its cryptocurrency custody program with NYDIG, a major bitcoin investment firm, helping out.Crypto plans...
Crypto Miners Marathon Digital, Hut 8 Rally as Bitcoin Tops $50,000
The shares of cryptocurrency miners Marathon Digital Holdings, Inc. and Hut 8 Mining Corp. surged Tuesday as bitcoin’s price reached...
The Pandora Papers Show Why People Love Crypto: You Can’t Trust the Powerful
There are many nuanced, detailed arguments for the inevitability of cryptocurrency and blockchain’s growth and adoption – advantages of...
Top 6 Crypto Passive Income Generators for 2021
Passive income is money generated from ventures in which an individual is not actively involved. For the most part, all you need to do is...
MetaMask Adds Custodians BitGo, Qredo, Cactus in Push for Institutional DeFi Users
The institutional arm of ubiquitous decentralized finance (DeFi) wallet MetaMask has added custodians BitGo, Qredo and Cactus Custody to...
The long game: Institutional interest in crypto is just getting started
The old adage “The crypto market is not for the faint-hearted” was put on full display recently when the total market capitalization of...
Altair Upgrade Set to Activate on Ethereum Mainnet This Month
On Oct. 27, at epoch 74240, the Altair Beacon Chain upgrade is scheduled to activate on the Ethereum mainnet.According to the Ethereum...
Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’
Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too...
Republican Congressman Demands Clarity from the SEC on Crypto Regulation
Rep. Patrick McHenry (R-N.C.), the top Republican on the House Financial Services Committee, is urging the U.S. Securities and Exchange...
$50K Bitcoin is ‘ultimate bear trap,’ says analyst as BTC price struggles for key level
Bitcoin (BTC) may be battling for $50,000, but its latest move could prove to be the “ultimate” tool to make bears pay. In a tweet on Oct....
Axie Infinity Nears 2M Daily Active Users as Creator Raises $152M Series B
Play-to-earn game Axie Infinity continues to see torrid growth with the company reporting more than 1.8 million daily users in August, and...
US Lawmaker Proposes Safe Harbor Bill, Echoing SEC Commissioner Peirce
A top Republican in the House of Representatives is looking to make it easier for crypto startups to raise funds without running afoul of...
Crypto News Roundup for Oct. 5, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Breaks $50K for First Time In a...
Higher Education Needs a Michael Saylor
In 2018, a Harvard expert named Clayton Christensen predicted that 50% of the 4,000 colleges in the U.S. will be bankrupt in the next 10...
Crypto Asset Manager Arca Launches First Fund for Startup Investments
Asset management firm Arca has launched a new fund to invest in crypto startups.“Right now, the fund is really focused on seed and SAFT...
Bitpanda to Offer Its Digital Asset Investing Product to Italian Banks, Fintechs
European cryptocurrency exchange Bitpanda is collaborating with Italian open finance provider Fabrick to offer digital asset trading...
Want Cleaner Bitcoin Mining? Subsidize It
In philosophy, some of the best results come when intuitions clash with logical chains of reasoning. You might call those...
Chainalysis Acquires Cybercrime Solutions Provider Excygent
Blockchain data platform Chainalysis announced it had acquired Excygent, a professional services firm that helps government agencies with...
DeFi Custodian Trustology Gets Green Light from UK’s FCA
Cryptocurrency custodian Trustology has been granted a full registration by the Financial Conduct Authority (FCA), one of a handful of...
Where to buy TRON as TRX registers 4% gains
The TRON token has seen a strong rally that managed to push prices towards the $0.09 level at the time of writing. The TRX coin seems to...
THORSwap DEX Raises $3.75M as Multi-Chain DeFi Heats Up
THORSwap, a cross-chain decentralized exchange (DEX) built on THORChain, has raised $3.75 million in a private token sale led by IDEO...
Where to buy Cardano as ADA gears for another rally
The Cardano token has been trading sideways between a narrow range of $2.03—$2.3 for the past week. The ADA token has had an...
Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with...
What Is Sharding?
“Sharding” is a proposed method of splitting the infrastructure of Ethereum into smaller pieces with the goal of scaling the platform so...
The Educator-Entrepreneurs of Crypto
Why is it that professors interested in cryptocurrencies so often build their own blockchains? This isn’t a setup for a joke. In the...
What is the ERC-20 Ethereum Token Standard?
The ERC-20 Ethereum token standard is a blueprint for creating fungible tokens that are compatible with the broader Ethereum network....
DeSo Launches $50M Fund for Decentralized Social Ecosystem
The foundation of DeSo, the blockchain started by the founder of social media site BitClout, has unveiled a $50 million fund to support...
Q3 2021 Quarterly Review – CoinDesk Research
Source
The US Inches Closer to Stablecoin Rules
We’re starting to get a sense of how the Biden administration will try to regulate stablecoins. The short version seems to be: A...
Where to buy Stellar as XLM rises to $0.31
The Stellar coin has been rising steadily for the past year and has generated an impressive return of for its users. The coin is currently...
VC Fund NFX to Go Deeper Into Crypto With $450M Seed Fund
Venture Capital firm NFX has lined up $450 million to invest in seed-stage companies of all stripes, including crypto.The fund, perhaps...
Markets Performed Well, Scaling Projects Thrived and Regulators Flexed Their Muscle: CoinDesk’s Q3 Review
The “Q3 2021 Quarterly Review” by CoinDesk Research looks at driving trends in digital asset markets, focusing on Bitcoin, Ethereum, DeFi...
Blockchain Game Launchpad Partners With Enjin for Accelerated Ecosystem Development
PRESS RELEASE. SINGAPORE — EnjinStarter, a launchpad for blockchain games, has announced a strategic partnership with Enjin to...
Which Crypto Projects Are Based on Ethereum?
According to the crypto app tracker, State of the Dapps, there are over 3,000 decentralized apps (also known as “dapps”) currently running...
What to Expect From CoinDesk’s Bitcoin for Advisors Conference
On Wednesday, Oct. 6, starting at 9 a.m. ET (6 a.m. PT), CoinDesk will host Bitcoin for Advisors 2021. Focused on the changing financial...
Citadel Securities not trading crypto due to regulatory uncertainty
CEO Kenneth Griffin says the firm is not ready to take on regulatory risk just yet Citadel Securities, a global hedge fund company based...
Grayscale suggests Cardano could be undervalued
Digital asset management firm Grayscale attributes Cardano’s slow progress to the firm’s constant desire to get it right...
Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s...
Robinhood Becomes First Platform to Offer 24/7 Crypto Phone Support
Robinhood, the online brokerage platform that went public in July, is introducing 24/7 phone support for users with inquiries about their...
Where to buy SHIB as Shiba Inu deletes another zero
The Shiba Inu token is currently rallying and this current rise is fuelled by the tweets of Elon Musk. The coin’s price has pumped...
NFT sales hit $10.7BN in Q3 amid increased interest in crypto
Total sales over Q3 represent an increase of 704%, with most sales in August and September Sales within the non-fungible token (NFT)...
Stable coin issuer Circle reports it’s cooperating with SEC
Circle’s statement follows an ‘investigative subpoena’ from the US Securities and Exchange Commission USDC issuer Circle...
Bitcoin Rises to $50K, Next Resistance Around $52K-$55K
Bitcoin (BTC) is trading around $50,000 for the first time since early September as short-term momentum improves. The cryptocurrency has...
Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN),...
XRP holders granted amicus status in Ripple vs SEC case
The judge however rejected a request seeking to have XRP holders as defendants A judge in the Ripple versus SEC case has allowed six XRP...
Bitcoin beats stocks, commodities to become best-performing asset of 2021
Bitcoin (BTC) is officially the best-performing asset of 2021, data now confirms. As October delivers 15% gains in five days, BTC firmly...
Bitcoin Breaks $50K for First Time In a Month
The worlds largest cryptocurrency has broken the $50K threshold for the first time since Sept. 7.At press time, bitcoin is trading at...
Bitcoin taps $50K for first time in one month amid heavy BTC price volatility
Bitcoin (BTC) hit $50,000 for the first time in a month on Oct. 5 as a triumphant return to form continued. BTC/USD 1-hour candle chart...
4 Factors Helping Bitcoin to $50K as Stock Market Declines
Bitcoin has recently decoupled from the weak stock markets, reviving speculation that the cryptocurrency may be beginning to draw demand...
What Is a Perpetual Swap Contract?
A perpetual swap is a type of derivative trading product that has become increasingly popular among crypto traders over recent years, with...
Bitwage Raises $1.5 Million in Latest Funding Round
Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding...
NFT Trading Volume Surges 700% to $10.7B in Q3
Trading in non-fungible tokens (NFTs) climbed to $10.7 billion in the third quarter, an increase of more than 700% on the previous...
Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory
On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT)...
Hong Kong Monetary Authority Releases CBDC Whitepaper to Study Prospect of e-HKD
Hong Kong’s Hong Kong Monetary Authority, its de facto central bank, has released a whitepaper on retail central bank digital currencies...
Credit Suisse Creates Ethereum-Based Shares in Swiss Sports Resort
Credit Suisse is taking part in the tokenization of a Swiss resort using the Ethereum blockchain.Announced Tuesday via a partnership with...