Quick Look
Think $60K is the top? This Bitcoin fractal suggests it’s the next bear market bottom
Bitcoin (BTC) may have hit highs of $60,000, but calculations suggest that the price level will matter much more to bears, not bulls. In a...
Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
Ether is beginning to gain on bitcoin following a month of underperformance, and Thursday’s surge to multiweek highs suggests a retest of...
Payments Giant Visa Launches NFT Program to Support Digital Artists
Visa, one of the leading credit and payments companies, has announced the creation of a program that will allow artists to understand how...
US SEC set to allow first Bitcoin futures ETF
The news has seen Bitcoin's price cross the $60,000 mark for the first time since April The US Securities and Exchange Commission (SEC) is...
MSCI Warns of ‘Creeping’ Crypto Exposure in Equity Markets
MSCI warned of ‘creeping’ exposure to cryptocurrency in equity markets as it notes 52 companies with some degree of crypto exposure.The...
Flow integrates Filecoin storage services to make NFTs more decentralized
Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move...
Bitcoin hits $60K for the first time since April after reports of imminent ETF approval
Bitcoin has surpassed the $60,000 mark briefly for the first time since April 2021. The price has been boosted by reports suggesting a...
Bank of Japan Seeks ‘Plain, Easy-to-Cook’ CBDC Model
The Bank of Japan (BoJ) would try to develop a central bank digital currency (CBDC) that can easily coexist with private payment methods,...
Luxury Fashion Group OTB to Join Louis Vuitton Parent LVMH in Aura Blockchain Consortium
Italy’s OTB Group, the owner of fashion brands Diesel, Jil Sander and Viktor & Rolf is the latest luxury goods company to join the...
G7 Finance Ministers and Bankers Adopt Guidelines for Central Bank Digital Currencies
Any digital currency issued by a central bank must support financial and monetary stability, finance leaders from G7 member states have...
U.S.-led Multilateral Ransomware Meeting Calls for Enhanced Powers Over Crypto
Participating governments will strengthen their capacity to clamp down on the use of virtual assets in ransomware operations, 31 countries...
Blackrock CEO Agrees With JPMorgan Boss Jamie Dimon About Bitcoin, Sees ‘Huge Role for Digitized Currency’
The chief executive officer of the world’s largest asset manager, Blackrock, says he is “more on the Jamie Dimon...
Dreamr App Signups Grow 1600% Month-Over-Month Following DMR Governance Token Listing on Bittrex Global
Dreamr Labs flagship product, the Dreamr app, continues to gain momentum in new user signups one month after the DMR token launch. Roadmap...
Bitcoin Pumps on Report of Favorable ETF Prospects
Bitcoin rallied late Thursday following a Bloomberg report that a bitcoin futures exchange-traded fund (ETF) will clear the U.S....
Morgan Stanley CEO Says Bitcoin Is Not a Fad, Crypto Is Not Going Away
The chief executive officer of global investment bank Morgan Stanley says that cryptocurrency, including bitcoin, is not a fad. Noting...
Shanghai Man: Fiat on-ramps dry up in China, crypto topics censored on social media
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including...
Crypto Traders to Blame for 300% Sales Spike at Midwest Tungsten Service
Crypto meme lords have ignited a run on tungsten cubes.A two-day-old Twitter joke – “Crypto Traders to Blame for Global Tungsten Shortage”...
SEC Tweets About Funds Holding Bitcoin Futures — Expectations of Impending Bitcoin ETF Approval Soar
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has...
Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector
On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One...
Monero
Monero is a privacy focused currency created in 2014. A participant on the Bitcointalk forum going by the username “Thankful_for_today”...
Dash
Dash is derivative of Litecoin, which itself is a derivative of Bitcoin. It was created by Evan Duffield in January of 2014. It was...
IOTA
IOTA is a cryptocurrency set up to allow data exchange between any data recording machine as part of the Internet of Things. IOTA is novel...
Tron
Justin Sun founded the Tron Foundation in Singapore in 2017 with the aim of creating a protocol that could “decentralize the internet” and...
NEO
NEO is a smart contract platform, similar to Ethereum, that was created by a team of developers in China and was formerly known as...
Zcash
Launched in October 2016, the Zcash network aims to offer more privacy than bitcoin and provides users with the option to use private...
Bitcoin Gold
Bitcoin Gold is the result of a hard fork of Bitcoin on October 24th 2017 with the intention to reform the mining process to reduce...
Billionaire Barry Sternlicht Owns Bitcoin Because Governments Are ‘Printing Money Now to the End of Time’
The billionaire CEO of Starwood Capital, an investment firm with over $95 billion under management, has revealed that he owns bitcoin and...
Second Biggest Mortgage Provider in US Stops Accepting Crypto Payments
United Wholesale Mortgage, the second largest mortgage lender in the U.S., has stopped accepting cryptocurrency for home loans, the...
What else is moving as Bitcoin price inches toward a new ATH?
Bitcoin (BTC) is hot and clearly in the hands of bulls. Yes, eventually an exchange-traded fund (ETF) is coming and after that a $100,000,...
Ethereum price hits $3,800, boosting bulls’ control in Friday’s ETH options expiry
Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite...
Why Shiba Inu Has Been More Resilient Than Some SHIB Haters Would Like to Admit
The world knows a thing or two about SHIBArmy, the community behind the self-proclaimed dogecoin killer shiba inu (SHIB). But did they...
Meet the DeFi Delegate Knocking on the Doors of Congress
It might well be history: On July 28, 2021, Rep. Ted Budd (R-N.C.) headlined a Q&A session with the MakerDAO community – perhaps the...
Deep Web Confusion: Ostensible Alphabay Admin ‘Desnake’ Claims the Darknet Market Has Returned
In mid-July 2017, the largest darknet marketplace (DNM) Alphabay went dark and patrons didn’t know if the administrators were...
Revolve Games Adds New Dimensions to Play-to-Earn Blockchain Gaming
PRESS RELEASE. Playing games has taken another dimension entirely through a new play-to-earn model that makes earning generating crypto...
Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins
Cryptocurrencies were mostly higher on Thursday as some traders appear to be rotating into tokens that have underperformed over the past...
No, Bank of England, Crypto Is Not the Same as Subprime Mortgage Debt
This episode is sponsored by NYDIG.Download this episodeToday on “The Breakdown,” NLW takes a deep dive into a recent speech by Sir Jon...
Decentraland Books Deadmau5, Paris Hilton and More for Metaverse Music Festival
Pack your virtual festival attire.Decentraland is hosting a first-of-its-kind music festival featuring over 80 real-world artists. Big...
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
Open interest (OI) for Bitcoin (BTC) Futures trading on the Chicago Mercantile Exchange (CME) inched toward a new record high Thursday as...
If Crypto Causes ‘Instability,’ It’s Because the System Is Unstable
I started reading Nobel prize-winning economist Robert Shiller’s bestselling book “Irrational Exuberance” about asset bubbles recently....
Subversive Capital Files Application With the SEC for a Metaverse ETF
Subversive Capital Acquisition, a special purpose acquisition company (SPAC), has filed an application with the Securities and Exchange...
Coinbase Proposes US Create New Regulator to Oversee Crypto
Crypto exchange Coinbase wants the U.S. government to create a new, dedicated regulator to oversee the cryptocurrency industry.Unveiled...
A Look at How Buckminster Fuller Predicted Bitcoin: ‘A Realistic, Scientific Accounting System of What Is Wealth’
Richard Buckminster Fuller was a well known American architect, systems theorist, author, and inventor. Similar to the visions expressed...
Coinbase Jumps After Sign-Up Numbers for NFT Marketplace Revealed
Coinbase (Nasdaq: COIN) rose 6% after reports that the crypto exchange’s new non-fungible token (NFT) marketplace had more than one...
Strike Users in US Can Now Get Paid in Bitcoin
Strike, the startup best known for helping El Salvador adopt bitcoin, is letting its U.S. users instantly convert all or a portion of...
15 NFT Use Cases That Could Go Mainstream
Steph Curry. Eminem. Paris Hilton. Mark Cuban. The full list of celebrities who have embraced non-fungible tokens (NFTs) – whether through...
How a Startup Is Supplying a Whole City With Heat From Bitcoin Mining
MintGreen, a Canadian cleantech cryptocurrency miner, is working with Lonsdale Energy Corp. to supply heat to the city of North Vancouver...
What Is a CBDC?
CBDC stands for “central bank digital currency,” a new type of currency that governments around the world are experimenting with. What...
Sotheby’s Takes Its NFT Experiment Into the Metaverse
Sotheby’s, the 277-year-old British auction house, is staking its claim in the metaverse with the the launch of a new platform called...
Uniswap Labs Hires Former Obama Staffer as DC’s DeFi Scrutiny Ramps Up
As Washington scrambles to form a regulatory strategy for crypto, Uniswap Labs – the developers behind Uniswap, the largest exchange in...
Dogecoin loses 70% against Bitcoin during 6 months of celebrity DOGE endorsements
Dogecoin (DOGE) may have landed major proponent Mark Cuban in hot water as it hits its lowest against Bitcoin (BTC) in over half a year....
What Is a Stablecoin?
A “stablecoin” is a type of cryptocurrency whose value is pegged to another asset class, such as a fiat currency or gold, to stabilize its...
Studio 54 Reveals Never-Before-Seen Photograph and Pixel Art NFTs of the Famed Disco Club
Superrare Labs has revealed the first-ever non-fungible token (NFT) drop crafted by the renowned photographer Bill Bernstein and the...
Where to buy Filecoin as FIL registers 8% price spike
The Filecoin (FIL) token has seen a price upsurge of 8% in the past 24 hours The Filecoin token is up by 8% in the past 24 hours and is...
Where to buy Compound as COMP registers 5% gains
The Compound (COMP) token has seen a price increase of 5% in the past 24 hours The Compound token is currently trading at $315 at...
Largest Bitcoin Mining Pool Blocks Internet Access From Mainland China
Antpool, the largest Bitcoin mining pool by hashrate, said it will block Internet access from mainland China to comply with Chinese...
Why More Corporates Are Considering Adding Crypto Assets to Their Corporate Treasuries
More and more businesses are including cryptocurrencies as part of their corporate treasuries. The trend that was started by large...
Bitwise Files for Physically Backed Bitcoin ETF With NYSE Arca
Bitwise Asset Management has filed for a physically-backed bitcoin exchange-traded fund (ETF) with NYSE Arca.The filing, revealed by...
Crypto News Roundup for Oct. 14, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Eases After Rejection at $58.5K;...
Morgan Stanley CEO Says Crypto Isn’t a Fad, Though Not Seeing Much Client Demand
Morgan Stanley CEO James Gorman said that cryptocurrency isn’t a fad and it’s not going away, though he said his bank is not seeing client...
Polkadot eyes breakout to $75 after DOT price rally sets up classic bullish reversal
Polkadot (DOT) chart technicals suggest it may rally to a new record high near $75 if DOT can manage to close above its $41-$43 range...
Binance Appoints Its First Chief Regulatory Liaison Officer
Crypto exchange Binance appointed a chief regulatory liaison officer for the first time as it ramps up efforts to garner a more favorable...
Zimbabwean Dollar Could Collapse, Business Lobby Warns
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could...
Fintech Tala Raises $145M to Launch Crypto Product for Emerging Markets
Fintech startup Tala has raised $145 million in a Series E round to expand its financial services and develop a mass-market crypto product...
Are Cryptocurrencies Secure? Yes and No – Here’s Why
The blockchain technology underlying cryptocurrencies represents a great leap forward in security, yet some crypto investors have found...
Where to buy Polygon as MATIC gears up for a huge rally
The Polygon (MATIC) token seems to be heading towards a rally as the token is up by 4% in a day with a rise in trading volume The Polygon...
NEAR’s Aurora Raises $12M to Expand Ethereum Layer-Two Network
A new layer-2 ecosystem is on the rise and now it has $12 million to expand operations.Aurora, a project built on the NEAR blockchain...
How Should You Treat Crypto Compared With Other Assets in a Portfolio?
With popular platforms like Cash App, PayPal and Venmo offering easy ways to buy bitcoin and altcoins, a broader swath of consumers is...
Where to buy Chainlink as LINK sees 8% gains
The Chainlink (LINK) token is up by 8% in the past 24 hours and has seen high trading volumes indicating strong accumulation by...
UK man jailed for stealing electricity worth £32k to mine Bitcoin
Sanjay Singh pleaded guilty and received a prison sentence of 13 months A UK court has jailed a Bitcoin miner arrested for stealing...
UK Jails Crypto Miner for 13 Months for Stealing Electricity: Report
A crypto miner in the U.K. county of Leicestershire has been jailed for 13 months for stealing £32,000 ($44,000) of electricity to operate...
Charting Platform TradingView Attains $3B Valuation With $298 Million Investment Round
TradingView, a charting platform and social network, secured a $298 million investment led by Tiger Global, valuing the company at $3...
BoE official calls for urgent regulation of digital assets
The Deputy Governor said regulations haven't been evolving at the same rate at which the industry has been growing Speaking about...
Digital Pound Foundation launched to push for a UK CBDC
The Foundation wants to see an inclusive and well-regulated ecosystem put in place to promote a CBDC as well as other digital money...
Russian Energy Minister Says Miners Should Pay More for Electricity
Nikolay Shulginov, Russia’s minister of energy, told the TASS agency that cryptocurrency miners should pay more than households for...
G7 Finance Officials Outline Policy Principles for Retail CBDCs
G7 finance officials outlined a set of 13 public policy principles for the development of central bank digital currencies (CBDCs).Any CBDC...
Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin
Tesla’s (TSLA) bold foray into the Bitcoin (BTC) market has been paying off in 2021 as BTC price rallies in October to hit over...
Bitcoin Eases After Rejection at $58.5K; Support at $54K
Bitcoin looks heavy on short-duration technical charts, having failed to keep gains above $58,000 early Thursday. The cryptocurrency was...
Fox Entertainment’s Blockchain Arm Drops NFT Market Dedicated to Hit TV Series The Masked Singer
Fox Entertainment and Blockchain Creative Labs (BCL) has announced the launch of maskverse.com, a non-fungible token marketplace and...
Bitcoin Erases Spike Above $58K as Fed Minutes Raise Specter of Faster Stimulus Unwinding
Bitcoin is showing signs of exhaustion after the minutes from the Federal Reserve’s September meeting, released late Wednesday, flagged...
BlackRock is studying blockchain and crypto, says CEO
BlackRock’s Lawrence Fink sees a “huge role for digitised currency” In an appearance on CNBC's Squawk Box,...
Putin Says Crypto Can’t Yet Replace Dollar in Settling Oil Trades: Report
Vladimir Putin said that he doesn’t think crypto can replace the U.S. dollar in settling oil trades yet, though he does believe it has...
DeFi Pushes N. America to World’s Second-Biggest Crypto Market
Growth in decentralized finance (DeFi) has driven North America to the world’s second-biggest largest crypto market, new research by...
G20 Finance chiefs want stablecoins regulated before approval
The regulatory focus on stablecoins follows efforts by governments to launch central bank digital currencies A meeting involving finance...
China’s Zhejiang Busts GPU Mining Operation in Public Facilities
Authorities in China’s eastern Zhejiang province busted a mining operation that had set up graphics processing units in a publicly funded...
Yield App Doubles Assets In Q3 As It Scores Big With Premier League Partnership
YIELD App, a FinTech company and digital asset wealth management platform, has published its Q3 report, showing the firm continuing on a...
Bitcoin analyst ‘highly doubts’ return to $50K — Will the weekly close spark a correction?
Bitcoin (BTC) challenged brand-new support levels on Oct. 14 after overnight successes took the market past $58,000 BTC/USD 1-hour candle...
Digital Pound Foundation Launches to Push UK CBDC Efforts
A group of private sector professionals launched the Digital Pound Foundation, an organization that aims to promote the development of the...
ARK, 21Shares Team Up for Bitcoin Futures ETF Application to SEC
Cathie Wood’s ARK Investment Management and investment-product firm 21Shares are part of a new application to the U.S Securities and...
Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike
A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local...
Shatner May Have Conquered Space, But 4 South Korean ETF’s Beat Him to The Metaverse
Four major South Korean asset management funds have listed metaverse-related exchange traded funds (ETFs), the first in the country, The...