Quick Look
Financial Watchdog FinCEN Recruits First-Ever Chief Digital Currency Advisor
Following the Financial Crimes Enforcement Network (FinCEN) explaining the misuse of cryptocurrencies is a national priority last week,...
Price analysis 7/6: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
The weekend rally in cryptocurrencies was led by Bitcoin (BTC) but this move was not supported by huge trading volumes. According to...
Bitcoin Taproot Support Lags at 27% — Even Though Soft Fork Is Opt-in Supporters Beg Nodes to Update
On June 12, the crypto community celebrated the fact that the Bitcoin network locked in Taproot support in order to activate the largest...
STASIS and Free TON DeFi Alliance Partners to Boost the Development of Free TON DeFi Ecosystem
Free TON, a decentralized proof of stake blockchain powered by its community and STASIS, a EU compliant EURS stablecoin project, partnered...
Brazilian ‘King of Bitcoin’ Arrested for Involvement in Alleged $300 Million Fraud
Claudio Oliveira, owner of the Bitcoin Bank in Brazil and known as the ‘King of Bitcoin,’ was arrested yesterday for his...
Backwardation in Bitcoin futures contracts shows pro investors lack confidence
Bitcoin (BTC) might have tested the $40,000 support in mid-July, but according to various derivatives metrics, there has not been a...
Gold Spikes Higher as Fed’s Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell
After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March...
$55 Billion Hedge Fund Firm Marshall Wace Planning Investments in Crypto Sector
Hedge fund firm Marshall Wace, with $55 billion in assets, is reportedly gearing up to launch a portfolio investing in the crypto sector....
Censorship resistance: Hong Kong’s Apple Daily archives preserved by artist Kevin Abosch
From June 20 1995 until June 23 2021, Hongkongers concerned about growing Chinese influence in the Special Administrative Region had at...
Cointelegraph Consulting: The race between Uniswap DEXs
As one of the most eagerly anticipated rollouts of the decentralized finance (DeFi) sector, Uniswap v3 went live on May 5. The upgrade...
Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It
Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire...
Who let the dogs out? SHIKO becomes newest “DOGE killer”, surges 260%
Shikoku Inu (SHIKO) is yet another Dogecoin imitator, and has just clocked a new all-time high. Read on to find out where to buy SHIKO....
India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been...
Is the Bitcoin bull run only in the ‘disbelief’ market cycle phase?
Bitcoin (BTC) topping out at $64,500 would mean that this bull market is unlike any other in history, one commentator argues. In a tweet...
Where to buy XRUNE: Thorstarter hammers out 50% rally in first week
Thorstarter, the crypto launchpad from the team behind THORChain, has just launched. Learn how to beat the crowds and buy XRUNE coins...
Ether already ‘flippening’ Bitcoin, says Celsius CEO
Bitcoin (BTC), the largest cryptocurrency by market capitalization, has already started losing its market dominance to Ether (ETH),...
Bitcoin targets $36K key Wyckoff level, with altcoins set to ‘grind up heavier’
Bitcoin (BTC) headed toward a key Wyckoff level on Tuesday as BTC price action got traders excited about an altcoin surge. BTC/USD 1-hour...
Aave price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
Aave hovered near its three-week high on Tuesday, helped by the prospects of its foray into the mainstream through the launch of an...
Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging...
Where to buy ALPHA: Alpha Finance leads the DeFi charge with 89% 2-week rally
Alpha Finance Labs, the home of leveraged yield farming protocol Alpha Homora, is leading DeFi’s market recovery, rallying 89% in...
Japanese Ruling Party Official Says Digital Yen Clarity Will Be Revealed in 2022
While the U.S. ramps up discussions of a digital dollar and China’s central bank digital currency (CBDC) draws near, Japan’s...
Axie Infinity Economy Booms as NFT Sales Rise
Axie Infinity, an Ethereum based game, is now one of the biggest successes of the play-to-earn model. Featuring NFT’s like the game...
Barclays Blocks Customers From Sending Funds to Binance
Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume....
Coinbase Actively Building Crypto Hub in India, Looking to Hire ‘Hundreds’ of People
The Nasdaq-listed cryptocurrency exchange Coinbase is actively building a cryptocurrency hub in India. The company says it has...
UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their...
Equity Strategists, Portfolio Managers Share Bitcoin Price Predictions: Survey
Equity strategists and portfolio managers were asked about what the price of bitcoin will be by the year-end. Almost half of the surveyed...
Ethereum price can gain 40% on Bitcoin, argues analyst as London fork nears
Ether (ETH) could rise by almost 40% against Bitcoin in the coming trading sessions, according to one analyst. So believes Michaël van de...
3 reasons why Enzyme Finance (MLN) is up 92% in a week
Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of...
Twitter Permanently Suspends Splinterlands Account for Unspecified Violations
After tweeting through its account since 2018, Splinterlands, a blockchain-based NFT trading card game, has been banned from the service...
248% Weekly Gains — Baby Doge Coin Continues to Rally While Most Crypto Asset Markets Slump
Four days ago, the crypto community and mainstream audiences caught a whiff of a new meme-based crypto asset called baby doge. The coin...
South Korean Shinhan Bank joins Klaytn’s blockchain governance council
Shinhan Bank, one of the largest banking institutions in South Korea, has entered into a partnership with Klaytn, a global blockchain...
As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges
While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining...
BTC price drops to fill Bitcoin futures gap as focus turns to $46.5K bull target
Bitcoin (BTC) traded at crucial support near $33,000 on Monday after a weekend of gains disappeared in hours. BTC/USD 1-hour candle chart...
Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT Firm
Joe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based...
4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios...
SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion
Synthetix (SNX) spiked to its three-week high on Monday in reaction to a market-wide upside correction led by Bitcoin (BTC) and other...
Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All ‘Smoke and Mirrors’
While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the...
An even bigger mining difficulty drop? 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in familiar territory after a weekend of solid gains ended in a drawdown — what’s in store? With another...
8,000 BTC Belonging to Mirror Trading International Traced, Investors Urged to Lodge Claims
A total of 8,000 bitcoins belonging to Mirror Trading International (MTI) have been traced while an additional 29,000 bitcoins could soon...
Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot...
Bitcoin Cash Payment Processor Evolves Adding URL Shortener, Paypal API Integration
Prompt.cash, a bitcoin cash noncustodial payment processor, is adding a bunch of interesting functionalities. The payment processor now...
EY Releases Nightfall 3 — Protocol Aims to Bolster Private and Affordable Ethereum Transfers
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set...
Feds Sell Seized Bitcoin From 2018 for $19 Million
The U.S. has sold about 500 bitcoins seized back in 2018 for about $19.2 million. This was reportedly the largest net forfeiture in the...
US SEC Commissioner Says Bitcoin ETF Approval Long Overdue
SEC Commissioner Hester Peirce says that the regulator should have approved a bitcoin exchange-traded fund (ETF) in the U.S. a long time...
Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to...
Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While...
Ether price hits 2-week high as London hard fork momentum builds
Ether’s (ETH) $230 million options expiry on Friday appears to have shifted market sentiment in favor of the bulls, at least momentarily,...
Bitcoin Mining Profitability to Rise 35% While Ousted Chinese Miners Face Delays Relocating
Analysts are predicting a rise in Bitcoin mining profitability of about 35% during the short term. This would be the effect of the bitcoin...
Top 5 cryptocurrencies to watch this week: BTC, ETH, UNI, ICP, AAVE
In a recent CNBC survey of a group of portfolio managers and equity strategists, only 6% of respondents expect Bitcoin (BTC) to reach...
FinCEN Names Misuse of Cryptocurrencies a National Priority
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency...
Brian Armstrong Meets With Fed Chair Jerome Powell – ‘US Needs to Be a Major Crypto Player to Stay Relevant’
According to Jerome Powell’s conference calendar, the CEO of Coinbase, Brian Armstrong, met with the Federal Reserve chairman and...
‘We Want You,’ Pro-Bitcoin Senator Cynthia Lummis Invites Crypto Miners to Wyoming
U.S. lawmaker and bitcoin advocate Cynthia Lummis has indicated that cryptocurrency miners are welcome in Wyoming. In a recent interview,...
AscendEX Lists Radix – a DeFi Protocol With Developer Incentives
PRESS RELEASE. AscendEX (formerly BitMax), a global cryptocurrency financial platform with a comprehensive product suite, is thrilled to...
Philippine Stock Exchange Eyes Cryptocurrency Trading — Says ‘It’s an Asset Class That We Cannot Ignore Anymore’
The national stock exchange of the Philippines, the PSE, says cryptocurrency is “an asset class that we cannot ignore...
Bitcoin fractal setup from 2019 hints BTC price can rebound back to $50K
Bitcoin (BTC) faces the prospects of reaching $47,500-$50,000 based on its current trend’s eerie similarity with the one in June...
Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs
The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with...
Bitcoin Miner Greenidge Generation Plans to Develop South Carolina Mining Facility
On Friday, the bitcoin mining operation Greenidge Generation Holdings announced the company is expanding to South Carolina in order to...
Binance’s Troubles Grow as Thailand Files Criminal Complaint — Similar Warnings by Cayman Islands, UK, Japan
A growing number of regulators worldwide have come after Binance. Thailand’s Securities and Exchange Commission (SEC) filed a...
JPMorgan Predicts When Bitcoin Bear Market Will Be Over
Global investment bank JPMorgan has predicted that the bitcoin price slump will likely be over when the cryptocurrency’s dominance...
‘Make or break’ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodler’s Digest, June 27–July 3
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Cardano Joins Grayscale Digital Large Cap Fund as Third Biggest Component
Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund...
Finance Redefined: The $500 million bet on ETH 2.0 making waves! June 24-July 1
Whales can be bashful and clever creatures, but when you manage to catch one in action it’s a sight to behold — consider, for instance,...
NBA’s Portland Trail Blazers Partner With Crypto Cashback Company Stormx
In 2021, there’s been a plethora of cryptocurrency-related announcements about professional sports teams, leagues, and famous...
New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for...
South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International...
London fork enters testnet on Ethereum as difficulty bomb sees delay
The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly...
Bitcoin Still Commands the 9th Largest Market Capitalization in the World
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the...
Bitcoin mining difficulty just fell by a record 28% — But will this help BTC price recover?
Bitcoin (BTC) has recorded its biggest mining difficulty drop of nearly 28% on July 3, but one model suggests that the BTC price will not...
Is Bitcoin in danger of losing $30K with Grayscale’s big GBTC unlocking in two weeks?
Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency’s...
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from...
Ukraine Shuts Down Illegal Mining Farm With 150 Rigs
Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen...
Binance Deploys Crypto Monitoring ‘Traveler’ System to Comply With FATF Travel Rule
Binance announced yesterday it deployed Ciphertrace’s Traveler system as part of its compliance efforts. Traveler is the first...
Bitcoin Blocks Will Soon Be 27% Easier to Find — Miners Brace for the Largest Difficulty Drop in BTC’s Lifetime
Bitcoin, the leading crypto asset in terms of market capitalization, has seen the cryptocurrency’s network hashrate drop...
US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U.S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press...
Axie Infinity (AXS) and Waves make gains as Bitcoin flatlines below $34K
Bitcoin (BTC) price remains relatively unchanged on the 24-hour chart, down 0.56% and trading around $33,200 at the time of writing. The...
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
Prior to the Federal Reserve announcing it would release a discussion paper on a central bank digital currency, chairperson Jerome Powell...
Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers
The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is going to...
Altcoin Roundup: Smart investors don’t just buy dips, they dollar-cost average
Choppy markets have defined the crypto space since Bitcoin (BTC) sold off on April 19, and indecisive markets like these can test the...
Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments
The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six...
Skybridge Capital Launches Ethereum Fund — Ether ETF Filing to Follow
Asset management firm Skybridge Capital has launched an ethereum fund, CEO Anthony Scaramucci has confirmed. He added that the asset...
Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K
A recent run-down in the Bitcoin (BTC) market faces the prospects of exhaustion before confirming a full-fledged bearish breakdown, so...
Stablecoins under scrutiny: USDT stands by ‘commercial paper’ tether
The stablecoin market has been growing exponentially, and last week, Eric Rosengren — president of the Federal Reserve Bank of Boston —...
BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat...
Bitcoin spring? Wyckoff ‘groundhog’ indicates crypto winter may last another 6 weeks
The Wyckoff Accumulation technical chart pattern has become the latest trending topic when anticipating where the price of Bitcoin (BTC)...
ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum...
Where to buy BabyBNB as it hits new all-time high
BabyBNB has managed a 2x price surge today, which led to a new all-time high. Read on for the best place to buy BabyBNB. BabyBNB is yet...
US Senator’s Advice: Buy, Hold, Save Bitcoin for Retirement as Congress Floods Economy With Trillions of Dollars
U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to...
Crypto ownership has nothing to do with distrust in fiat: BIS study
The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying...
Child’s play: Gajesh Naik, 13, manages a fortune in DeFi
At 13, it is hard to believe that anyone can understand the potential — and responsibility and danger — of holding private keys to half a...
Robinhood IPO Filing Reveals $88 Billion in Cryptocurrency Trading, Dogecoin 34% of Crypto Revenue
Robinhood’s IPO prospectus shows that 9.5 million customers traded $88 billion of cryptocurrency on its platform in Q1 and the...