Quick Look
Prediction Market Platform Polymarket Said to be Under Investigation by CFTC: Report
Polymarket is being investigated by the Commodity Futures Trading Commission to see whether the prediction market platform is letting...
Wall Street jinx? Traders weight ‘sell the news’ potential after Bitcoin ETF launch
Wall Street opened its doors for the first Bitcoin (BTC) exchange-traded fund (ETF) on Oct. 19, with the listing of ProShares Bitcoin...
Investment Advisers Prohibited From Crypto Activities in India, Regulator Warns
The Securities and Exchange Board of India (SEBI) has issued a warning that registered investment advisers are not allowed to engage in...
Nigerian Agency Finally Registers Blockchain Start-up, Blames Employee for Rejection of First Application
Just a few days after reports emerged that it had refused to process a company registration application by Flint API limited, the Nigerian...
Bitcoin Wraps the First Week of the ETF Era
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown’s Weekly Recap,” NLW covers:The...
ADALend Makes It on “the Essential Cardano List” by IOHK
Input-Output Hong Kong (IOHK) has listed ADALend on their :Essential Cardano List” of projects that are considered part of the...
Bitcoin decides fate of $60K as weekly close keeps BTC traders on their toes
Bitcoin (BTC) is lining up a crucial weekly support test on Oct. 23 after impulsive sellers moved large amounts of BTC to major exchange...
Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated...
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity...
Binance Smart Chain Devs Propose Ethereum-Like Gas Fee Burning Mechanism
Developers of the Binance Smart Chain, the Binance-backed decentralized blockchain platform, have proposed applying a mechanism to burn...
Nigerian Central Bank Says It Is Now Ready to Launch CBDC, Downplays Previous Failure
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The...
Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi
The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock...
Bitcoin price consolidation leans toward ‘another leg higher’
On Oct. 22 Bitcoin (BTC) price entered what some traders predict to be a “consolidation phase” as investors lock in profits...
Terra’s Do Kwon Was Served by SEC, New Lawsuit Shows
Terraform Labs CEO Do Kwon is suing the U.S. Securities and Exchange Commission (SEC).The builder of decentralized finance (DeFi) platform...
Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’
The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and...
Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%
On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too...
NFT Tied to Rare Whiskey Cask Auctions for $2.3M
A non-fungible barrel of 1991 Macallans scotch set whiskey auction records Friday, nabbing $2.3 million on NFT marketplace Metacask.The...
Price analysis 10/22: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI
Bitcoin (BTC) and Ether (ETH) have both witnessed aggressive profit-booking after hitting their respective new all-time high. This...
After ‘Stealing’ $16M, This Teen Hacker Seems Intent on Testing ‘Code Is Law’ in the Courts
Some $16 million in cryptocurrency was pilfered in an exploit of a decentralized finance (DeFi) protocol last week, and the victims...
Top Trump Regulator Determined That Banks Should Be Allowed to Trade Crypto: Report
A top regulator from the Donald Trump administration took the position that banks could legally trade cryptocurrencies for their clients,...
Bybit Is Now Offering 3% Bonuses on Deposits
Traders who have yet to join cryptocurrency exchange, Bybit can now enjoy 3% bonuses on their first time deposits, capped at $3,000 per...
Binance.US Top Lawyer Steps Down: Report
The top lawyer for the U.S. arm of exchange giant Binance has departed after just seven months in the position.Christopher Robins, who...
Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms
Bitcoin’s price continued to decline on Friday, ending the week down about 2% compared to a 1.7% gain in the ether cryptocurrency. Some...
Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank
The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the...
Social Media Platform Reddit Readying an NFT Platform
Add Reddit to the list of big brands entering the non fungible token (NFT) market.The news aggregator and discussion community intends to...
Analysts hold their $250K Bitcoin price target even as BTC falls below $60K
Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s...
Why the Bitcoin and Crypto Communities Are So Skeptical of WorldCoin
This episode is sponsored by NYDIG.Download this episodeToday’s episode is nominally about WorldCoin. The project launched this week...
Altcoins breakout even as Bitcoin price falls to $60,000
Today Bitcoin price and Ether (ETH) price pulled back to lower support levels after an exciting week that saw BTC soar to a new all-time...
Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers
On Thursday, Robinhood CEO Vlad Tenev spoke at a conference called the Disruptor 50 Summit and the executive explained that the waitlist...
Balaji Srinivasan: Bitcoin and the Search for Truth
We think it’s fitting that this, the 50th episode of “Money Reimagined,” is being published inside an historic week for the crypto...
The US Needs a Dedicated Crypto Regulator
The crypto regulatory situation in the U.S. is sad. Not because the Securities and Exchange Commission or Department of the Treasury keep...
Why US Policymakers Should Embrace Web 3
In 1997, the Clinton Administration published the groundbreaking “Framework for Global Electronic Commerce,” which set forth five key...
Is ‘DeFi Regulation’ an Oxymoron?
We’re nearing the end of “Policy Week” here at CoinDesk, which I’ve spent focused on the particularly thorny issues of regulating...
Walmart Allows Customers to Buy Bitcoin at 200 Stores
Retail giant Walmart says that bitcoin can now be purchased at 200 of its stores in the U.S. The cryptocurrency is offered through...
Why a Bitcoin Futures ETF Is Bad for Investors
The Securities and Exchange Commission (SEC) greenlighting a futures-based exchange-traded fund for bitcoin has been a boon to holders of...
Bitcoin at Your Bank: NYDIG Names First 2 Firms to Roll Out BTC Buys
A partnership first announced in June is starting to bear fruit.Digital banking company Q2 Holdings said Friday that Five Star Bank and...
Crypto News Roundup for Oct. 22, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Bull Market Has Plenty Steam Left,...
PayPal logs its largest Bitcoin volume since May BTC price crash
Bitcoin (BTC) trading volumes on global payment service provider PayPal reached $145.60 million on Oct. 20, just as the benchmark crypto...
Decentralized Exchange ZkLink Raises $8.5M Ahead of Market Launch
Decentralized exchange (DEX) ZkLink has closed a $8.5 million funding round led by Republic Crypto to help ramp up for its market launch...
Gensler for a Day: Regulating DeFi with Fireblocks CEO Michael Shaulov
Today’s “Gensler for a Day” is Michale Shaulov, CEO of decentralized finance (DeFi) infrastructure and custody firm Fireblocks. Fireblocks...
Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’
According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event...
Weekly Report: Coinbase completes major deals outside the blockchain space
On Tuesday, ProShares’ Bitcoin Strategy Exchange Traded Fund (ETF) – the first-ever in the US – launched, trading under...
Valkyrie Bitcoin Futures ETF Starts Trading, Joining Fray
Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) started trading early Friday, after winning the blessing of the U.S....
Walmart partners with Coinstar for its Bitcoin ATM pilot program
US multinational retail corporation Walmart recently rolled out a Bitcoin ATM trial with hopes to implement the project on a large scale...
Payments Firm XanPool Raises $27M in Funding Round Led by Valar Ventures
Hong Kong based payments infrastructure firm XanPool has raised $27 million in a Series A funding round led by Peter Thiel’s Valar...
These 10 Stocks With Digital Asset Exposure Have Bullish Charts, BofA Says
Bank of America (BofA) highlighted ten bullish charts for stocks with digital asset exposure, according to a research note today.The...
Night Life Crypto Integrates With Polygon and Launches NFT Sale
PRESS RELEASE. Night Life Crypto (NLIFE), the first platform to bring AAA style titles to blockchain games, is proud to announce an...
Crypto as a “public good” in the 22nd century
It’s been said that “Blockchain technology is not as decentralized as we think” and that critical decisions are made, not democratically,...
Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind
While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term...
Almost $7M in Bitcoin Held by Colonial Pipeline Attacker Is on the Move
Bitcoin now worth nearly $7 million held by the DarkSide ransomware group involved in the Colonial Pipeline attack in May is on the move,...
Bitcoin, Ethereum and Chainlink price analysis
BTC and ETH both reached new all-time highs this week, with Chainlink’s LINK looking to build on recent gains and could see a period...
CME Becomes Largest Bitcoin Futures Exchange as BITO Nears Position Limits
The Chicago Mercantile Exchange (CME) has replaced Binance as the world’s biggest bitcoin futures platform, thanks to the strong investor...
Greenidge Generation Holdings to Expand, Acquire Sites in Texas, South Carolina
Bitcoin mining company Greenidge Generation is eyeing expansion into two new sites in Texas and South Carolina.The Nasdaq-listed firm...
SEC helped Ether Surpass XRP, Ripple CEO
Ripple CEO Brad Garlinghouse has said that Ether (ETH) overtook the company's XRP token by market capitalisation because of the US...
Cryptoeats Disappears After Raising £500K From Token Sale
Cryptoeats, a company that reportedly raised 8 million in a Series A funding round to build a crypto-based Ubereats alternative,...
Bitcoin extends correction as Ethereum sees ‘picture perfect’ rejection at all-time highs
Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs. BTC/USD...
Spanish Banks Are Preparing to Offer Crypto Services: Report
Banks in Spain are getting ready to offer crypto services to their clients, but are being frustrated by the lack of clarity from their...
Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
Kazakhstan’s Ministry of Energy plans to limit the electricity consumption of the the nation’s crypto-mining industry to a total of 100...
Robinhood’s crypto wallet waitlist has surpassed 1 million
Robinhood has over 1 million customers on the waitlist for its crypto wallet, with the milestone hit just a month after the trading app...
Spanish Banks Interested in Offering Crypto Assets to Their Customers
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the...
Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests
Bitcoin has risen over 40% this month, reaching a new record price of $66,879 on expectations that the recently listed ProShares...
India’s Securities Regulator Warns Advisers Against Dealing in Unregulated Assets
The Securities and Exchange Board of India (SEBI), the country’s top securities regulator, issued a notice to advisers on Thursday warning...
Major DeFi founders back play-to-earn game that hopes to be next Flappy Bird
A new play-to-earn (P2E) blockchain game that hopes to emulate the addictive success of 2013 mobile phenomenon Flappy Bird has drawn...
That Tungsten Company is Auctioning Its largest-ever cube as an NFT
A key manufacturer feeding crypto’s twitter’s tungsten craze is auctioning off an NFT tied to the largest tungsten cube it’s ever made.The...
Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells
Companies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the...
Next-Generation Cryptocurrency LTNM to List on FMFW.Io Exchange (Formerly Bitcoin.com Exchange)
PRESS RELEASE. Palo Alto, October 18, 2021 – LTNM, the next generation insured asset-backed cryptocurrency, continues to gain...
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The...
Traders Are ‘Apeing’ Into a Sam Altman Crypto Lookalike, Driving Prices 68% in 24 Hours
Cryptocurrency traders are inadvertently pumping the price of a little-known altcoin they believe belongs to a project conceived by Sam...
Pakistan High Court Grants Commission to Weigh Crypto Legality in Sindh Province
A high court in Pakistan has approved a committee to explore whether cryptocurrencies are advisable under the country’s legal system,...
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading...
Shanghai Man: Blockchain Week with Vitalik still happening, ‘Bitcoin’ searches on WeChat hit 26M in a day
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including...
Bulls fight to keep Ethereum price above $4K ahead of Friday’s $435M options expiry
Ether (ETH) flirted with its $4,380 all-time high on Oct. 21 but failed to breach it by a few dollars. Some analysts, including...
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme
Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The...
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio
The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether....
Bitcoin’s Inflation Narrative More Compelling Than ETF Fever, JPM Says
This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (stock ticker BITO) may have aided the cryptocurrency’s recent...
Traders brace for a drop to $58K if Bitcoin price loses the $62K support
Whipsaw price action has returned to the cryptocurrency market after Bitcoin’s (BTC) price lost steam at $67,100 and retracted to the...
Robinhood’s Waitlist for Crypto Wallet Has More Than 1M Customers: Report
The waitlist for Robinhood’s crypto wallet is now more than one million customers long, Robinhood CEO Vlad Tenev said at CNBC’s Disruptor...
Fintech App Current Taps Coinbase’s Bison Trails to Support Polkadot DeFi Plans
Fintech company Current is one step closer to bringing decentralized finance (DeFi) features to its 3 million users.The firm said Thursday...
Lassoing a Stallion: How Gensler Could Approach DeFi Enforcement
Earlier this week, we considered the challenges of creating viable long-term regulations for decentralized finance protocols. These...
Carbon Credit Token MCO2 Is Now Listed on Gemini – Learn About the Green Asset Set to Save the Planet
MCO2 is a carbon credit token traded by Moss.Earth. One MCO2 token is equivalent to one carbon credit. It is now possible to find this...
5 Legal Considerations When Dealing in NFTs
Recently, I’ve been getting a ton of inbound relating to non-fungible tokens, or NFTs.For those of you living under a rock, an NFT is an...
Walmart Has Quietly Begun Hosting Bitcoin ATMs
Walmart, the world’s largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. locations.Shoppers can purchase...
What I Learned About Crypto Regulation From a Week in DC
WASHINGTON – Within a 36-hour period, the first bitcoin futures exchange-traded fund (ETF) began trading, the underlying cryptocurrency...
Is Crypto Really a Threat to Financial Stability?
It’s Policy Week here at CoinDesk!We’re diving deep into Washington, D.C., lobbying, DeFi regulation, how non-fungible tokens (NFT) could...
Rap Star Snoop Dogg Teams up With the Harlem Globetrotters in an NFT Sitcom
On October 20, the iconic rap star Snoop Dogg announced he’s participating in a non-fungible token (NFT) sitcom with the popular...
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically...
Diem responds to allegations from Senate Democrats
Diem has penned a response to the group of Senators that called out Facebook, asking the social networking company to shelve its Novi and...
Paul Tudor Jones: ‘Inflation … [Is] the Single Biggest Threat to Financial Markets and Society in General’
This episode is sponsored by NYDIG.Download this episodeLast year, Paul Tudor Jones wrote a paper called “The Great Monetary...
Animoca Brands and Galaxy Interactive close new funding rounds
Animoca's blockchain & digital entertainment spin-off Animoca Brands and Galaxy Digital's Interactive VC are the latest names to net...