Quick Look
Nigeria Considers Domestic Blockchain for Data Security
A Nigerian information technology agency is considering plans to develop a domestic blockchain to enhance national security and...
LiquiTrade faces sanctions as Canada cracks down on unregistered crypto exchanges
LiquiTrade faces sanctions for illegal operations under Canada’s Securities Act. BCSC found LiquiTrade enabled unregistered trading...
Ubisoft Partners With Double Jump.Tokyo to Implement Web3 in Its Games
Ubisoft, the French AAA game developer, has recently announced a partnership with Double Jump.Tokyo, a Web3 gaming company, to...
Blackrock’s BUIDL Fund Surpasses $500 Million
Blackrock’s tokenised US TReasury fund, BUIDL, surpassed a market value of $500 million. The overall market of tokenized US...
Gold Could Surge to $40,000 per Ounce, Strategist Says
Egon von Greyerz, founder of Matterhorn Asset Management and Gold Switzerland, has shared his insights, indicating potential for...
Germany still holds $2.2B worth of Bitcoin as Tequila (JULIO) presale draws closer
Key takeaways Germany still holds more than $2 billion worth of bitcoins. Tequila’s presale will commence soon as the project looks...
Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023
The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones...
Notorious crypto wallets draining group Pink Drainer loses 10 ETH to address poisoning scam
Pink Drainer lost 10 ETH ($30,000) to an address poisoning scam, exploiting address similarities. Attackers mimicked Pink Drainer’s...
TRON DAO Announces HackaTRON Season 6 Winners and Season 7 Preview
PRESS RELEASE. Geneva, Switzerland, July 8, 2024 – TRON DAO proudly announces the distinguished teams from HackaTRON Season...
Bitget Wallet Launches “TONNECT 2024”, Accelerates Growth of the TON Ecosystem
Victoria, Seychelles, July 8th, 2024, Chainwire Bitget Wallet, the leading Web3 wallet for the TON ecosystem, is thrilled to...
Longest Yield Curve Inversion in US History Continues Past 2-Year Mark
The 10-2 Year Treasury Yield Spread (I:102YTYS) has been inverted since July 7, 2022, marking the longest period of inversion in...
Bitcoin retreats as German government selling intensifies
Bitcoin (BTC) price fell to under $56,000 as the German government sold more BTC On-chain data shows Germany sent more than 16,000...
Bukele Calls for Speculators to Stop Gouging Prices in El Salvador, Issues Ultimatum
Nayib Bukele, president of El Salvador, has issued an ultimatum for importers and food wholesalers to lower the prices of groceries...
BC.GAME Announces the Partnership with Leicester City and New $BC Token!
The leading iGaming platform BC.GAME has secured a significant partnership with English Premier League Club Leicester City Football...
Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound
Ethereum (ETH) has experienced notable price movements recently, currently trading at $3,037. The intraday range has fluctuated...
Metaplanet loads more bitcoins with 42,466 BTC purchase
Metaplanet, a Japanese firm, increases Bitcoin holdings with $2.5M purchase. Metaplanet now holds 203,734 BTC, acquired at $62,000...
German Government Moves 1,205 Bitcoin Amid Price Fluctuations
According to onchain metrics, the German government has transferred an additional 1,205 bitcoin valued at $68.9 million. The funds...
Tomarket Launches Play-To-Earn Telegram Drop Game – Previously Funded by Bitget Wallet
Victoria, Seychelles, July 8th, 2024, Chainwire The decentralized new asset trading platform Tomarket has recently launched a...
Taiwanese Central Bank to Test CBDC, Not Race to It
Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international...
Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies
Iran and Russia have taken a significant step towards economic cooperation by involving their academic institutions in efforts to...
Global South View: US Politicians Aren’t Saviors of Crypto; Innovation Should Precede Regulation
Donald Trump and other U.S. politicians’ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as...
Latam Insights Encore: Paraguay Anti-Bitcoin Mining Stance Is a Net Negative for the Nation’s Development
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last...
Unveiling Moving Averages: Essential Tools for Bitcoin Trading
Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into...
South Korea Launches Continuous Monitoring for Crypto Transactions
South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track...
Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan
Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO)...
Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million
Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He...
Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold
Economist Jim Rickards has shared insights on the U.S. dollar’s decline, driven by sanctions and mounting debt, and the...
Latam Insights: Paraguay Raises Bitcoin Mining Power Fees, Bolivia Praises Stablecoins as Dollar Proxy
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Traders eye the next Solana meme coin: Tequila (JULIO)
Solana meme coins have done well and gained market share this year. Developers have turned to Solana because of its faster speeds...
First Digital Debt Offering Fails to Get Traction in El Salvador
The first digital debt offering registered in El Salvador has reportedly failed to gather the necessary interest to continue. The...
Could Poodlana become the next big meme coin?
Cryptocurrency prices have retreated sharply in the past few weeks. Bitcoin has crashed below $60,000 and formed a double-top...
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining...
Analysts Predict Second Trump Era Could Boost Gold Prices
Despite a general downturn in crypto markets, gold has appreciated by 3% over the past five days, currently trading at $2,391 per...
Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have...
July Slump for Bitcoin: What Historical Trends Reveal About Upcoming Months
Over the past 11 years, dating back to 2013, bitcoin has typically experienced positive performance in July, with five of those...
Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More — Week in Review
Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity....
Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform...
Justin Sun Developing Gasless Transaction Stablecoin Solution for Tron and EVM Chains
Justin Sun, founder of Tron, a smart contracts-enabled blockchain, has announced that his team is developing a gas-free transaction...
HOPPY price prediction as Tequila (JULIO), a new Solana meme coin, readies for launch
HOPPY price has soared by over 873% in the past month driven by meme appeal and ambitious roadmap. Analysts project that HOPPY...
Nigerian Prison Officials Deny Binance Employee Tigran Gambaryan is Seriously Ill
According to the prison authorities, Binance employee Tigran Gambaryan is in good health and not sick as claimed by his family. The...
UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine...
Robinhood Moves Forward With Acquisition of Bitstamp
Robinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this...
UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier
UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment...
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank...
Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500
Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way...
Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure
Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block,...
Robert Kiyosaki Predicts $10 Million Bitcoin and $15,000 Gold After Major Market Crash
Rich Dad Poor Dad author Robert Kiyosaki predicts an imminent economic crash followed by a significant bull market where bitcoin...
Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt....
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago....
NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn
Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market....
P2P payments firm Valora launches “Mobile Stack” DApps launchpad
Valora launches “Mobile Stack” to enable mobile-first Web3 DApp development on iOS and Android. Mobile Stack aims to improve UX and...
Report: Family at the Center of Sam Bankman-Fried’s Campaign Contributions
Sam Bankman-Fried’s political donation activities were allegedly a family affair, involving his brother, mother, and father....
Eco-Friendly Gaming Crypto eTukTuk Enters Final Presale Stage – Last Chance to Buy TUK
The green crypto revolution is in top gear, and eTukTuk (TUK) is leading the way. As this eco-friendly project enters its final...
UK High Court Grants Worldwide Freezing Order Against Craig Wright
The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately...
Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade
On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on...
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark....
Unlock the Best Free Social Casino Experience With DingDingDing
Welcome Bonus and Variety of Games DingDingDing emerges as a rapidly expanding free social gaming platform distinguished by its...
Intimidating Wallet Interfaces Hinder Adoption of Defi Lending Protocols, Says Crypto Veteran
Decentralized finance (defi) has improved efficiency, inclusivity, and performance in consumer lending, but poor user experience...
Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card
Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration...
Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years
The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S....
Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking...
Grayscale Ethereum Trust Hits Premium for First Time Since 2021
Grayscale’s Ethereum Trust (ETHE) has shifted from a discount to a premium in its net asset value (NAV) for the first time...
Crypto Theft Surge: Hackers Steal $1.38 Billion in First Half of 2024, Doubling 2023 Figures
A new report by blockchain intelligence firm TRM reveals that crypto thefts in the first half of 2024 have doubled compared to...
Nigerian Kucoin users to pay 7.5% VAT on all transactions
Starting Monday, July 8th, Kucoin will charge a 7.5% tax on all transactions made by users registered in Nigeria. This decision...
Analyst: Mt Gox Repayment Event Will Cause 4x the Selling Pressure for BCH Compared to BTC
Peter Chung, an analyst of Presto Research, has examined the intensity of the selloff that ostensibly will be caused by the...
Tequila (JULIO), the new SOL meme coin launching next week
Tequila (JULIO) will launch on July 10, from Jalisco to Solana with love Total supply is 100,000,000, with 90% set for the fair...
7 Events That Could Shift the Crypto Market Landscape in an Instant
The cryptocurrency market finds itself in a challenging situation, with a mix of obstacles and potential opportunities that could...
UK High Court issues asset freeze order against Craig Wright
The UK High Court has granted Peter McCormack’s application for a World Freezing Order against Craig Wright’s assets. McCormack...
Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official...
9 Dormant Bitcoin Wallets Reactivate, Moving $7.5M Amid BTC Price Drop
While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to...
German MP Criticizes Bitcoin Sales, Urges Government to Hold BTC as Reserve Asset
A German parliament member, Joana Cotar, has criticized the government’s decision to sell seized bitcoin on a large scale,...
Mt Gox Initiates Bitcoin Repayments to Creditors
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further...
Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359...
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
Bitcoin’s market activity on July 5, 2024, has been marked by a persistent downtrend across various time frames, with the...
Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users
Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some...
Solana price prediction ahead of Poodlana (POODL) launch
Potential Solana rebound to $150 amid ETF hopes and growing meme coin ecosystem. Poodlana (POODL) is the expected new entrant in...
Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet
On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer,...
Wallet on Telegram Extends 50% APY for USDT Promotion
Wallet on Telegram, a third-party integrated mini wallet app for Telegram messenger, has recently sent a message to its users...
Australia Honors Kraken With Several Crypto Awards
Kraken, a global cryptocurrency exchange, won several awards in Australia, including Finder’s best overall crypto trading...
Surge in Crypto Scams: FSMA Sees Significant Spike in Recovery Room Fraud
The Financial Services and Markets Authority (FSMA), Belgium’s financial regulatory agency, has published its mid-2024...
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing...
Ethereum ETFs May Launch in July After Bitwise Files Amended S-1
One of Bitwise’s amendments is that it’s added a six-month fee waiver of up to $500m Analysts believe listings could take place...
Central Bank of Bolivia States Crypto Might Be Beneficial, Remarks Stablecoins Utility as Dollar Proxy
Edwin Rojas Ulo, President of the Central Bank of Bolivia, referred to the recent change in stance that the institution had on...
Venom Expands into India with Dual Listings on WazirX and CoinDCX
Global, Global, July 4th, 2024, Chainwire Venom Foundation is pleased to announce a major milestone in its global expansion...
Crypto Owners More Likely to Have ‘Dark’ Traits, Study Shows
A recent study has found that cryptocurrency ownership is associated with belief in conspiracy theories and “dark”...
From High Stakes to High Tech – CasinoAus is Leading the Way in Australian Casino Comparison
Since its launch in 2017, CasinoAus has swiftly risen to become one of Australia’s leading casino comparison platforms. Known for...
German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows
The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to...
Bitcoin dips below $57k as Poodlana presale commences in two weeks
Key takeaways Bitcoin dropped below the $57k level for the first time since May 2024. The Poodlana presale is fast approaching and...
Opentensor Foundation Addresses Bittensor Security Breach
The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the...
Crypto promoter Sahil Arora faces backlash over fake Iggy Azalea token presale
Sahil Arora raised $380,000 in the presale of IGGY token claiming it was Iggy Azalea’s official cryptocurrency. Funds from the...