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Market Wrap: Bitcoin and Stocks Briefly Dip After Fed Comments; DOGE Rallies
5.4.2022
Bitcoin (BTC) traded roughly flat over the past 24 hours, compared with a 17% rally in dogecoin (DOGE), while WAVES dipped. The dispersion in crypto returns suggests some caution among traders amid macroeconomic risk
Dogecoin Rallies Again After Elon Musk Joins Twitter Board
5.4.2022
The news comes one day after the Tesla CEO disclosed his ownership of 9.2% of Twitter, making him the company’s largest individual shareholder
MicroStrategy Spends USD 191M on Bitcoin After Last Week’s Loan
5.4.2022
US-based enterprise software firm MicroStrategy has purchased another BTC 4,167, worth some USD 190.5m, the company’s CEO Michael Saylor announced on Tuesday.
Tuesday’s announcement that the firm has added even more bitcoin (BTC) to its already massive holdings follows news from last week that...
Opulous (OPUL) price soars after DeFi staking announcement, S-NFT sale and CEX listings
4.4.2022
OPUL price rallied 175% off its bottom after the project announced DeFi staking, CEX listings and upcoming S-NFT sales
Biggest Movers: CAKE Hits $10, as DOGE Rises for a Second Consecutive Session
4.4.2022
DOGE was once again higher on Monday, as traders bought the token, days after a video about the meme-coin was shared by Elon Musk. This came as CAKE was also a big mover today, climbing beyond the $10 mark, hitting a multi-month high in the process. Dogecoin (DOGE) DOGE rose for a second...
NFT Sales Increased by 34% This Week, Azuki Takes Top Sales, NFT Interest Remains Low
4.4.2022
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68%...
Elden Ring Boss Radahn Back To Kicking Players' Asses After Accidentally Being Nerfed
4.4.2022
One of Elden Ring’s toughest bosses just got harder, again. FromSoftware released a small patch overnight to buff Starscourge Radahn after the game’s massive 1.03 patch accidentally weakened some of the demigod’s attacks. Some Elden Ring players are already rejoicing, because if there’s one thing...
Tesla CEO Elon Musk Takes Stake in Twitter — Analyst Says It Could Lead to a Buyout
4.4.2022
Tesla CEO Elon Musk has taken a stake in Twitter Inc. after stating that he is “giving serious thought” to building a new social media platform — one that prioritizes free speech. An analyst says this could eventually lead to a buyout. Elon Musk’s Stake in Twitter Tesla...
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
3.4.2022
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered as “innovative companies,” to receive millions of dollars in tax preferences....
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force
2.4.2022
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...
No Man’s Sky Neo-Nazi Banned After Wreaking Havoc On Galactic Hub
1.4.2022
18 quintillion planets, and you still can’t get away from the worst people on Earth. To wit: The central nexus of No Man’s Sky, a region of charted space known as the Galactic Hub, was recently menaced by a troll who players say is a “neonazi.” Developer Hello Games has banned the griefer...
Twitch Pauses 'Boost' Feature After Porn Sneaks Onto Front Page
1.4.2022
Twitch just can’t seem to scrub porn off its platform. Thanks to the “Boost This Stream” feature the Amazon-owned company introduced last October, viewers are paying to promote, or “boost,” sexually explicit content onto the platform’s front page. Unsurprisingly, Twitch has paused the boosting...
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
Crypto-skeptic gamers review bomb Storybook Brawl after FTX buys it
1.4.2022
“We don't support NFTs in this household. Tragic end for a great auto battler,” wrote one unhappy anti-NFT gamer
Crypto industry fires back after EU vote to block ‘unhosted’ wallets
1.4.2022
"Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO Brian Armstrong
Analysts debate Bitcoin’s next step after today’s $45.5K retest
1.4.2022
BTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step
OpenSea Exec Who Quit After ‘Insider Trading’ Scandal Is Back With NFT Platform
1.4.2022
Two pitch decks seen by CoinDesk show that OpenSea’s former head of product, Nate Chastain, is building a platform to simplify the NFT discovery process
Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest
31.3.2022
Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first
‘No Plan to Issue CBDC’ — Bank of Japan Governor
31.3.2022
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...
Bitcoin just regained a key price trendline after its longest absence since March 2020
31.3.2022
The 350-day moving average is the latest bullish signal to return to BTC price action, making Q1 2022 look increasingly outside the trend