Quick Look
Data shows Polkadot crashes after reaching $1B open interest — Will it happen again?
Whenever there is relevant growth in the number of derivatives contracts currently in play (open interest), it usually means that more...
US Lawmakers Call for Bitcoin Spot ETF in Letter to SEC Chair Gensler
U.S. congressmen Tom Emmer (R-Minn.) and Darren Soto (D-Fla.) advocated for the trading of bitcoin spot exchange-traded funds (ETFs) in a...
New York City Gets Itself a Bitcoin Mayor
This episode is sponsored by NYDIG.Download this episodeDespite (or perhaps because of) being one of the world’s great traditional...
Federal Reserve to Taper Money Printing That Fueled Bitcoin Bets
The U.S. Federal Reserve announced plans to taper its $120-billion-a-month of asset purchases, taking the first step toward winding down a...
Group of Exchanges Call on Indian Government to Regulate Crypto in Front-Page Ad
CORRECTION (Nov. 3, 16:57 UTC): Corrects to make clear that the source of the piece was a front-page ad in the Economic Times and not a...
Stellar Validators Vote In AMM Integration That Could Boost Liquidity
In a protocol upgrade Wednesday morning, tokenized money transfer protocol Stellar has launched an automated market maker (AMM) that will...
Coinbase Users Can Borrow Up to 1M With Bitcoin as Collateral
Cryptocurrency exchange Coinbase is now allowing customers to borrow as much as 40% of their bitcoin value, up to $1 million, with no...
The Cube Movement
The mainstream media has caught on to the latest huge crypto trend, which isn’t a new non-fungible token (NFT) line or a fresh dog token,...
Green Bay Packers Quarterback Aaron Rodgers Gets Paid in Bitcoin, Gives Away $1 Million in BTC
Green Bay Packers quarterback Aaron Rodgers is taking a portion of his salary in bitcoin. He also gave away $1 million in the...
Crypto Trading Platform AscendEx Raises $50M From Backers Including Alameda Research
Singapore-based cryptocurrency trading platform AscendEx has raised $50 million in a Series B funding round led by Polychain Capital and...
Solana battles Cardano for the top-five spot as SOL market cap crosses $70B-mark
Solana’s (SOL) autumn rally continued on Nov. 3 with its price and market cap hitting a new record high. SOL surged by 7% in the...
Tron Foundation, APENFT Launch $100M Fund for NFT Projects
Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT...
Crypto Exchange Kraken Fails to List SHIB, Despite Promise
Crypto exchange Kraken has failed to fulfill a promise it made on Twitter to list popular meme token shiba inu (SHIB) once the idea had...
Crypto News Roundup for Nov. 3, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Ether Hits Fresh Record High, Sandbox’s SAND...
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow cash up to $1 million using bitcoin as collateral. The company...
Coinbase Is Testing a Subscription Trading Service With No Fees
Crypto exchange Coinbase (NASDAQ: COIN) has begun testing a subscription service for customers to buy, sell and convert digital currencies...
Mark Mobius says crypto is a religion, not investment
Mobius blasts crypto as merely speculative He sees stocks as the better bet Bitcoin and Ethereum have soared since March 2020 Mark Mobius,...
EOS Foundation CEO: ‘EOS as It Stands Is a Failure’
At a virtual event on Wednesday, EOS Foundation CEO Yves La Rose claimed that “EOS as it stands is a failure,” according to a transcript...
Riot Blockchain Raises Hashrate Guidance by 11.7% for 2022
Riot Blockchain increased its forecast for bitcoin mining computing power guidance to 8.6 exahash per second from previous guidance of 7.7...
Ethereum price outlook: EH/BTC breakout ‘great’ for altcoins- analyst
ETH/USD reached a new all-time high above $4,600 ETH/BTC also broke above key resistance level Alts could follow Ethereum’s lead to...
Amid Risk of Power Deficit, Ukraine Shuts Down Another Crypto Farm
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility...
Solana secondary NFT sales reach half a billion dollars in three months
Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August....
Bitcoin reverses Tuesday gains while Solana joins Ethereum in fresh all-time highs
Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000. BTC/USD 1-hour candle...
FortKnoxster Launches Its Crypto Suite With Built-in Security and Beyond
PRESS RELEASE. Cybersecurity company FortKnoxster launches its one-stop crypto app, Crypto Suite, with a range of features aimed at the...
Huobi Focuses on Expansion, Sponsors Contest to Send One Winner Into Space
Chinese blockchain company Huobi Global has kicked off a month-long eighth anniversary celebration that will include a series of events...
JP Morgan places $35,000 valuation on Bitcoin
The asset management bank opinioned Bitcoin’s valuation will keep on rising but will not reach the heights that most expect The...
Commonwealth Bank of Australia set to offer crypto services
It will be the first of the ‘big four’ banks in Australia to allow customers to deal in crypto In a move described as...
Looking Into Ethereum’s Economic Future
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on...
Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike
Rising costs on Ethereum, the world’s largest smart-contract blockchain, appear to be driving investors to coins associated with Layer 2...
International Cricket NFTs to Hit Flow Blockchain Following $17M Seed Round
Tiger Global led a $17.4 million seed round for Faze Technologies, the company announced Wednesday.Faze also announced its partnership...
Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will...
Market highlights: Ethereum reaches ATH, permaweb token Arweave up 67%
The crypto market was in the green over the last 24 hours, with most top 10 cryptos registering gains. The global crypto market cap is...
China’s CBDC Has Been Used for $9.7B of Transactions
China’s central bank digital currency (CBDC) has been used to conduct 62 billion yuan ($9.7 billion) of transactions as of end-October.A...
Where to buy ALU, smart contract platform Altura’s native token
ALU is the native token of Altura, a smart contract platform enabling game developers to create, distribute and trade with NFTs that...
Where to buy TRAC, OriginTrail token of decentralized knowledge
TRAC is an Ethereum token that powers OriginTrail, the self-described graph of “decentralized knowledge.” The token and the...
Direxion Withdraws Application for Short Bitcoin Futures ETF
Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a...
Where to buy Sand, native token of the amazing Sandbox game
At the moment, Sandbox is available on popular exchanges like Gemini, Crypto.com and Binance. If you choose Binance, you’ll have to...
Fiat-to-Crypto Payment Firm Wyre Reveals All-in-One NFT Marketplace Service
On Tuesday, the San Francisco-based fiat-to-crypto and payment infrastructure company, Wyre, announced the launch of a non-fungible token...
Soaring Crypto Investment Calls for Regulation: India’s Top Finance Newspaper
The Economic Times, one of India’s top finance newspaper, dedicated its entire front page to call on the government to provide regulatory...
Loopring (LRC) price soars amid possible GameStop partnership
Loopring (LRC) has been on a relentless monster bull run since October 27 and the trend seems to be gaining momentum by the day following...
Bitcoin Whale Holdings Reach 2021 High Amid Inflation Fears
Bitcoin whales or large investors with ample capital supply appear to be buying again as fears of inflation lurching out of control...
Leading African Conservancy to Raise Funds for Rhinos via Auction of Horn NFTs
Black Rock Rhino, a leading rhino conservancy in South Africa, is set to raise funds for the endangered species via the auction of rhino...
Microsoft muscles into the Metaverse with Teams updates and Xbox upgrades
U.S. tech giant Microsoft is taking the plunge into the Metaverse via updates to its Teams and Xbox gaming console services, along with a...
Solana secondary NFT sales reach half a billion in three months
Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August....
JPMorgan Report Says CBDCs Can Save Banks $100B a Year in Cross-Border Costs
A central bank digital currency (CBDC) network could save the JPMorgans of the world over $100 billion a year in transaction costs when it...
Hong Kong’s SFC Has Received Multiple Requests for Crypto ETFs
In recent months, the Hong Kong Securities and Futures Commission (SFC) has received “a number” of requests from local companies that want...
Unique Ertha Land NFTs Are Flying off the Shelves
The cryptocurrency market is at an all-time high and the NFT world is booming. ERTHA is one of the hottest P2E (play to earn) gaming...
MMA Entertainment Firm UFC to Launch Exclusive NFT Series With Crypto.com
On Tuesday, the digital asset exchange Crypto.com announced the launch of the first official Ultimate Fighting Championship (UFC)...
Coinbase to Improve Customer Support in US and India by Acquiring AI Platform Agara
Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The...
Commonwealth Bank First in Australia to Offer Crypto Services
Commonwealth Bank will be the first in Australia to offer crypto services to customers, the bank said in a Wednesday statement.The bank...
Pro-Bitcoin Miami Mayor Says He Will Take Next Paycheck 100% in BTC
The mayor of the U.S. city of Miami says that he is going to take 100% of his next paycheck in bitcoin and become the first American...
XRP (XRP/USD) price forecast after extending weekly gains
XRP price (XRP/USD) on Tuesday edged higher 3.23% to extend gains of the last five days. The XRP is the native currency that runs on the...
Should I buy Dogecoin after declining 17% this week?
Dogecoin price on Tuesday edged slightly higher to recoup losses of the last five days. The DOGE/USD price plummeted more than 17% late...
Orchid price forecast as OXT/USD rallies 30%, volume up 500%
The price of crypto-powered virtual private network Orchid spiked 30% on Tuesday. Trading volume for the OXT/USD also soared more than...
Polkadot price prediction as trading volume spikes 40% in 24 hours
Polkadot trading activity increased significantly in the last 24 hours with volume spiking 40%. The multi-chain blockchain...
Is Bitcoin a buy or sell as it targets a retest of all-time highs?
Bitcoin spiked on Tuesday after Digital Currency Group sold $700M in shares to Alphabet and SoftBank. According to reports, the sale...
Marathon Digital Holds $457M in Bitcoin After Increase in October Mining
Marathon Digital produced 417.7 bitcoins in October, a 23% increase over the previous month that boosted the value of the company’s total...
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking...
Illuvium, LCX and Tokemak hit new highs as Bitcoin dominance lingers
During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during...
Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range
Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have...
Spellfire Creates 100 Rare NFT Cards to Sell on OpenSea
The first limited edition of Spellfire NFT cards has already reached the shelves of OpenSea. Spellfire NFTs have a unique mix of...
100 Person Mega-Battles: Former Midway, Disney, Activision Game Devs Announce Mechanized-Combat NFT Game
At the non-fungible token (NFT)-focused conference, NFT.NYC, developers from the Metalcore Foundation and Studio 369 revealed an...
Deadmau5, Gregory Siff Merge Digital and Physical Art With Solana NFT Drop
Electronic music staple Deadmau5 is tapping Looks Rare, a new metaverse studio, to launch non-fungible tokens (NFTs) on the Solana...
Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M
Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday.GK8 was founded by Lior...
What You Need To Know About Biden’s Stablecoin Report
This episode is sponsored by NYDIG.Download this episodeThe President’s Working Group on Financial Markets has finally released its...
Miami Mayor Suarez to Take Next Paycheck in Bitcoin
Miami Mayor Francis Suarez pledged Tuesday to take his next paycheck entirely in bitcoin.In a tweet, the pro-crypto mayor positioned...
Carbon Offsets Are a Distraction for Crypto
BitMEX, the Bahamas-based derivatives exchange, is looking to mitigate its environmental footprint by purchasing $100,000 worth of carbon...
FTX Leads $150M Funding Round in African Payments Firm Chipper Cash: Report
Cross-border payments company Chipper Cash has raised $150 million in a Series C extension round led by crypto exchange FTX, according to...
Crypto Network Hashrates Recover From Summer Slump — Ethereum’s Hashrate Captures All-Time High
On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or...
Getting Ahead in Crypto Education, With Amber McLeod
“If you’re just now getting started, you’re behind.”“On Purpose” host Tyrone Ross is joined by Amber McLeod, director of customer success...
OLB Group Surges 90% After Saying It’s Ready for Mastercard Bitcoin Payments
Shares of The OLB Group Inc. (OLB) close to doubled to $8.77 after saying it’s ready to “immediately” process Mastercard bitcoin payments...
Is Polkadot eyeing $100 next? DOT price jumps 25%, triggering classic bullish chart pattern
Polkadot’s native DOT token looks poised to rally toward $100 in the coming sessions as it triggers a classic bullish reversal setup....
Ethereum price hits a new high above $4,500 right as Bitcoin recaptures $64K
Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders...
ConsenSys Shareholders Readying Legal Action Over Share Valuation
A group of former employees and shareholders of Ethereum development firm ConsenSys are alleging that the ConsenSys AG, led by billionaire...
VCs Invested Record $6.5B in Crypto, Blockchain in Q3: CB Insights
Global venture capital funding into cryptocurrency and blockchain reached an all-time high of $6.5 billion in the third quarter,...
Crypto Miners Rally as Bitcoin Mining Profits Remain ‘Near Highs’
Crypto mining companies, including Marathon Digital and Hut 8, outperformed other crypto-linked stocks on Tuesday, as economics for the...
Derivatives Exchange Giant CME Group Announces Micro Ethereum Futures Launch
On Tuesday, the world’s largest financial derivatives exchange, Chicago Mercantile Exchange (CME) Group, announced the upcoming...
US Senator backs Bitcoin to survive the test of time, slams other coins
Junior United States Senator from Wyoming US Cynthia Lummis played down other cryptocurrencies, grouping them as securities in a recent...
Customers Bank Veers Into Crypto With Transfer Token, $1.5B in Crypto-Related Deposits
Pennsylvania-based Customers Bank has started onboarding its first cryptocurrency businesses, offering those firms use of a digital asset...
Polkadot (DOT) could target $75 next, popular crypto analyst says
DOT hit a new all-time high of $53.04 on 2 November The coin is more than 1,800% up since it traded at $2.70 on 20 August 2020 Polkadot...
Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2 Billion
On November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfers that moved approximately 19,876 bitcoin...
CME to Launch Micro ETH Futures on Dec. 6
The Chicago Mercantile Exchange (CME) will launch Micro Ether futures on Dec. 6, pending regulatory review, the exchange announced...
Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
Siam Commercial Bank (SCB) has acquired a 51% stake in Thai cryptocurrency exchange Bitkub.Thailand’s oldest bank SCB paid 17.85 billion...
Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero
A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug...
Asia-Pacific leads the world in NFT searches on Google
Amid the ongoing nonfungible token (NFT) boom, people in Asia-Pacific (APAC) countries appear to be the most curious about NFTs, according...
Bitcoin price consolidation ‘could be over,’ says trader as Ethereum, Polkadot hit all-time highs
Bitcoin (BTC) is in line for a continuation of its bull run, fresh analysis says, as BTC/USD retains its 2.2% daily gains. BTC/USD 1-hour...
The US Treasury’s Stablecoin Report Would Treat Issuers Like Banks, but Doesn’t Address How
The President’s Working Group on Financial Markets wants prudential bank regulators to oversee stablecoin issuers.You’re reading State of...
FTX US Hires Former CFTC Commissioner as Head of Policy and Regulation
Cryptocurrency exchange FTX US has tapped former U.S. Commodity Futures Trading Commision (CFTC) commissioner Mark Wetjen as its head of...
Crypto Investment Firm Sanctor Capital Raises $20M for First Fund
Blockchain investment firm Sanctor Capital has raised $20 million for its inaugural fund, which will provide strategic capital and...
Animoca Brands Backs Upland’s Real Estate-Based Metaverse With $18M Raise
Upland, a metaverse game combining the EOS blockchain with real-world landmarks, has raised $18 million at a $300 million valuation, the...