Quick Look
BofA outlines potential benefits of El Salvador’s Bitcoin adoption
Bitcoin democratises access to electronic payments, potentially benefiting 70% of the El Salvadorian adult population that remains...
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency....
Bitcoin closes strongest weekly candle since April
Bitcoin made gains of 12.5% last week and various analysts are now predicting a six-figure Bitcoin by the end of the year It appears the...
Cardano price analysis: ADA sees strong weekly close, targets $1.50
ADA/USD is in an uptrend after bouncing off support around $1.04 on 21 July Over the weekend, the price of Cardano climbed to a seven-day...
Buda Exchange Starts Requesting Selfie Verification for Withdrawals to New Bitcoin Addresses
Buda, a Chile-based cryptocurrency exchange, has started requesting selfie verification every time a user needs to withdraw funds to a new...
Nigerian crypto adoption rises despite govt crackdown
Nigerian cryptocurrency adoption continues to rise in spite of government crackdown, with peer-to-peer (P2P) trade volume for Bitcoin...
Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’
A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his...
Highly Anticipated Insured Launchpad, Binstarter to Open to the Public on Aug 4th
PRESS RELEASE. Binstarter Protocol; the first and only Insurance Policy Protected IDO Launchpad Protocol is proud to announce to the...
Paypal Hiring Over 100 Crypto Positions as Global Cryptocurrency Adoption Rises
Payments giant Paypal is hiring more than 100 crypto-related positions as demand for cryptocurrencies grows. Paypal’s CEO recently...
Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to...
Top 5 cryptocurrencies to watch this week: BTC, UNI, LINK, SOL, XMR
Bitcoin’s (BTC) 43% rally from $29,482.61 on July 21 to $42,316.71 on July 30 has invigorated the bulls who had been sitting on the...
Promoter of Crypto Scheme Touted by Steven Seagal Pleads Guilty, Faces 5 Years in Prison
A promoter of the cryptocurrency scheme previously touted by famous martial artist and actor Steven Seagal has pleaded guilty for his...
Bitcoin Difficulty Increases 6% — It’s Still 48% Easier to Find BTC Blocks Than It Was 30 Days Ago
As expected, Bitcoin’s mining difficulty increased this week jumping 6.03% higher on July 31. The change marks the first increase...
NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors
As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top...
Analysts Discuss Bitcoin Over-the-Counter Desks Bubbling With BTC Demand
Digital currency markets have been gathering gains again moving past the lows seen a few weeks ago. This week crypto traders have been...
Popular Analyst Names Altcoin With Most Upside To Capture, Unveils Forecasts for Bitcoin, Solana and Terra
A widely followed crypto analyst and influencer is naming one large-cap crypto asset with the most upside to capture, and is also making...
Bitcoin Cash Shows Maturity in Its Fourth Anniversary
Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more....
IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland
Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist...
Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet
The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin...
Bitcoin sellers in ‘disbelief’ or BTC price wouldn’t still be at $41K — Analyst
Bitcoin (BTC) closed July above $41,000 in a “bullish engulfing” candle that dramatically upends its previous downtrend. In a...
Leader of Nigerian Crypto Stakeholders’ Body Welcomes the E-Naira — Says It ‘Comes With No Magic Wand’
Nigeria’s proposed digital currency, the e-naira, is likely to be a welcome boost to ongoing efforts to reduce the number of...
Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency...
Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new...
Antier Solutions’ Crypto Exchange Script Solutions Helping Businesses to Reduce Their Time-to-Market by 50%
PRESS RELEASE. Antier Solutions, a blockchain development company recognized for its end-to-end solutions, is offering crypto exchange...
India Reportedly Investigating Binance in Chinese Money Laundering Case
Indian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering...
Shark Tank’s Kevin O’Leary Won’t Invest in Dogecoin, Says ‘I Don’t Understand Why Anybody Would’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he does not consider dogecoin an investment. “I don’t participate...
3 reasons why Ethereum price might not hit $5,000 anytime soon
Ether (ETH) price has been in a downward spiral ever since the Ethereum co-founder Vitalik Buterin presented at the StartmeupHK Festival...
Big Investors Are Pushing up Valuations of Crypto Firms
Venture capital firms and large investors are driving up the prices of crypto startups. Boutique investment firms and family offices are...
Amazon rumored to be accepting Bitcoin, MicoStrategy pledges to buy more BTC despite losses, Bitcoin struggles at $40K: Hodler’s Digest, July 25-31
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Pro traders look for this classic pattern to spot Bitcoin price reversals
Every trader aims to buy low and sell high, but only a few are able to muster the courage to go against the herd and purchase when the...
ETH Compatible BCH Sidechain Smartbch Successfully Launches Three Nodes
The day before the fourth Bitcoin Cash anniversary, the Smart Bitcoin Cash team (Smartbch), announced the project has launched three nodes...
Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts
The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi...
If you have a Bitcoin miner, turn it on
In the last few weeks, the Bitcoin (BTC) mining market has experienced a black swan event, leading to a lot of uncertainty and confusion...
Bitcoin ‘supercycle’ sets up Q4 BTC price top as illiquid supply hits all-time high
Bitcoin (BTC) is gearing up for a comeback which should lead it to repeat classic bull run years 2013 and 2017, analysts are arguing. As...
Central Bank Governor: South Africa’s Digital Currency Study Ongoing
South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the...
Bitcoin Boom to $700,000 Likely Amid Tidal Wave of Adoption, Predicts Dan Morehead – Here’s When
Daily Hodl Staff Pantera Capital founder Dan Morehead is anticipating a $700,000 Bitcoin (BTC) price on the heels of rising adoption...
Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar
Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard...
Bitcoin records rare 10-day winning streak as BTC price taps $42K ceiling
Bitcoin (BTC) shot to new highs of $42,400 on July 31 in a surprise attack on range resistance which sellers failed to squash. BTC/USD...
Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream?
Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations...
Bitcoin Price Regains Strength Above $41K, Crypto Market Cap Jumps 6% in 24 Hours
Crypto assets have climbed in value during the last 24 hours as the price of bitcoin tapped a high on Friday, reaching $42,411 per unit at...
Digital Ticket Stubs: New York Knicks Launch Team’s First NFT Collection
On Tuesday, the New York Knickerbockers, in partnership with Sweet, launched the NBA team’s first-ever non-fungible token (NFT)...
Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts
On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to...
Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round
Paxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its...
Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report
A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using...
5 easy ways crypto investors can make money without needing to trade
Large price jumps and 100x gains get a lot of attention from pundits and influencers in the cryptocurrency community because they offer...
Traders forecast $3K Ethereum price but derivatives data suggests otherwise
Ether (ETH) rallied 35% over the past ten days and reclaimed the critical $2,300 support, but the crucial $2,450 local top hasn’t...
Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology
Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the...
Price analysis 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin (BTC) and most major altcoins seem to be faltering near their respective overhead resistance levels. This suggests that some...
Breaking NFTs to Pieces: These 4 Projects Are Fractionalizing Grimes, Banksy, Cryptopunk NFTs
While non-fungible token (NFT) collectibles have been all the rage, a few projects have been developing the concept of fractionalized NFTs...
Report Suggests Robinhood Owns Largest Dogecoin Address and Third-Largest BTC Wallet
Last February the crypto community was obsessed with a specific dogecoin address that happens to be the largest dogecoin holder today with...
Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly...
Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All Investments Immediately’
The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the...
Bitcoin accumulation accelerates among ‘whales’ and ‘fish,’ while BTC rallies to $40K
Both small and rich Bitcoin (BTC) traders accumulated the benchmark cryptocurrency en masse during the period its prices rose from below...
$25B investment firm adds ‘riskier’ Grayscale GBTC and ETHE for clients
Bitcoin (BTC) and Ether (ETH) exposure has come to one of the world’s biggest automated investment firms. In a blog post on July 29,...
Who takes gold in the crypto and blockchain Olympics?
Every four years (usually), the world comes together in a celebration of sport and competition at the Olympic Games. In the spirit of...
Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern
Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The...
The best places to buy Bitcoin Gold after it surges in value
Bitcoin Gold (BTG) could be one of today’s hottest digital assets after it consolidated previous positive price action with more...
Paypal Unveils Plans to Expand Cryptocurrency Services With ‘Super App’ and Open Banking Integration
Payments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open...
Where to buy Yield Guild Games: YGG sets all-time high on day three
An 67% price hike for YGG on just its third day in existence has helped push it to a new all-time high With the NFT gaming craze showing...
Go with the FLOW: where to buy Flow as it surges 15%
The FLOW token is surging as interest in NFTs remains high, and is up 23% this week Flow already has household names like NBA Top Shot,...
Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan
U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures...
Where to buy Solana: SOL shines with 10% climb
Solana is one of the fastest-growing ecosystems in crypto, with its decentralised finance (DeFi) protocol enabling a new generation of...
Bitcoin.com Celebrates Ethereum’s Birthday With $6000 Giveaway
July 30th marks the day, six years ago, Ethereum was launched. The Bitcoin.com Wallet, having just integrated Ethereum, is excited to...
Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
Both small and rich Bitcoin (BTC) traders accumulated the benchmark cryptocurrency en masse during the period its prices rose from below...
Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people...
Monthly Report: Key US Senators submit new crypto guidelines in a bid to fund infrastructure deal
From crowdfunding to cryptocurrency regulations, here is a recap of the top stories from the last week of July Tether under investigation...
German institutional funds to invest up to 20% in crypto
The new law allowing Spezialfonds to invest in cryptocurrencies comes into effect on 2 August German investors could provide yet another...
IMF sees great potential in digital money if risks are managed
A recent Reuters report has also detailed that the International Monetary Fund (IMF) is looking to intensify surveillance on digital...
How yield farming on decentralized exchanges can become less risky
The DeFi industry has been gaining momentum since 2020, offering a new perspective on the world of finance and a new way for investors to...
Price analysis for IOTA, Ethereum and Cardano
ETH, MIOTA and ADA are trading positive but face pressure near crucial price levels Ethereum is among several digital assets to see a...
Polkadot – Vitalik’s Nightmare or a Blockchain Dream Come True?
Although it’s possible to draw comparisons between almost any two blockchain development platforms, comparing Ethereum with Polkadot...
Bitcoin OTC desks buzz as analyst warns big players ‘want your Bitcoin’
Bitcoin (BTC) is being aggressively bought up by institutional entities this week as data shows over-the-counter (OTC) trading volumes...
State Street to expand its crypto fund administration capabilities
Through its partnership with Lukka, the firm will offer private funds clients services such as crypto processing and reporting Financial...
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts...
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives...
Mexican Regulator: 12 Cryptocurrency Exchanges Are Operating Illegally
Santiago Nieto Castillo, leader of the UIF, the Mexican financial regulator, has issued an alert that 12 cryptocurrency exchanges are...
US Senator Lummis: Big Government Spenders Are Accelerating Adoption of Crypto Assets Like Bitcoin
U.S. Senator Cynthia Lummis is pushing for regulation that would ensure bitcoin remains a good store of value. If the cryptocurrency...
Bitcoin traders express mixed emotions about what’s next for BTC price
The rumor that Amazon would accept cryptocurrency payments sparked a wave of bullish enthusiasm across the crypto market earlier in the...
Shanghai Man: Crypto recovers, disasters strike, and China’s crackdown moves to other sectors
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including...
Financial Giant State Street Expands Cryptocurrency Services as Demand From Traditional Funds Soars
State Street Corp., one of the world’s leading providers of financial services to institutional investors, has announced the...
Mila Kunis’ ‘Stoner Cats’ NFT Sale Pulls in $8M — Animated Series Can Only Be Watched by NFT Holders
A new non-fungible token (NFT) project crafted by the American actress and producer, Mila Kunis, has made millions selling NFTs tied to an...
Ethereum price can hit $14K if the March 2020 chart fractal holds
Ethereum’s native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend’s...
Bitcoin bulls control Friday’s $1.7B monthly options expiry
On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since...
Altcoins pump while traders anticipate a lower support test from Bitcoin
Bitcoin (BTC) bulls are locked in a battle with bears in order to take control of the $40,000 level and dovish comments from U.S. Federal...
Bitcoin Mining Operation Reveals Plans to Convert Coal Ash Landfill Into Solar Farm
Following the announcement from Greenidge Generation Holdings that detailed the company would be promoting a carbon-neutral stance, and...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a...
US Marshals Service Hires Custodian for Seized Cryptocurrencies — Over 185K BTC Confiscated, Sold so Far
The U.S. Marshals Service, a primary law enforcement agency of the Department of Justice (DOJ), has hired a new custodian for its seized...
Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero
Members of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market...
Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference
Bitcoin (BTC) rose above $40,000 on Thursday, a day after the Federal Reserve hinted that it was getting nearer to unwind its asset...
Is Bitcoin a religion? If not, it soon could be
Hass McCook is a respected Sydney-based civil engineer who has worked on some of the most spectacular buildings in the world, from...