Coin Week

  • bitcoinBitcoin$21,765.00-7.47%
  • ethereumEthereum$1,740.88-6.13%
  • binancecoinBNB$284.39-8.03%
  • rippleXRP$0.344741-8.81%
  • SolanaSolana$36.40-11.69%
  • dogecoinDogecoin$0.069890-13.69%

Crypto News

The Feds release announcement that could connect crypto and traditional bank systems

Federal Reserve could allow crypto banks to function for the blockchain and traditional systems

Image source: Getty Images Crypto transactions and traditional bank services in the United States have always functioned as separate entities for more than a decade. However, there has been a shift in the winds as the Federal Reserve released an announcement regarding the situation. The announcement On Tuesday afternoon, the Federal Reserve released formal guidelines …

Federal Reserve could allow crypto banks to function for the blockchain and traditional systems Read More »

Elon Musk remains unfazed from lawsuit, continues to support Dogecoin

Elon Musk Remains Firmly in Support of Dogecoin Despite Lawsuit

In the last couple of weeks, SpaceX & Tesla CEO Elon Musk has been facing lawsuits for his support towards Dogecoin and Shiba Inu coins. However, both cryptocurrencies have gained momentum again thanks to him. The crypto markets have been extremely volatile since last month, with many coins experiencing big drops. Finally, Dogecoin and Shiba …

Elon Musk Remains Firmly in Support of Dogecoin Despite Lawsuit Read More »

Bitcoin to become a legal currency in the Central African Republic

Central African Republic to Continue Bitcoin Decision Despite Market Crashes

The Central African Republic is pushing to integrate cryptocurrency into the country despite recent market crashes. Last month, the Central African Republic announced that they plan on adopting Bitcoin as a legal tender and tax payment system. This decision will allow residents to use bitcoin in regular commerce, which could increase its value over time. …

Central African Republic to Continue Bitcoin Decision Despite Market Crashes Read More »

Yuga Labs co-founder debunks Nazi conspiracy surrounding BAYC

Bored Ape Yacht Club Co-Founder Addresses Accusations of the Collection Hiding Nazi Imagery

Yuga Labs recently broke their silence after constant bombing and accusations of using Nazi symbolism hidden at the Bored Ape Yacht Club. Wylie Aronow, also known as Gordon Goner, is the co-founder of the startup Yuga Labs behind the Bored Ape Yacht Club collection. Finally, he addressed claims that Yuga Labs was putting Nazi imagery …

Bored Ape Yacht Club Co-Founder Addresses Accusations of the Collection Hiding Nazi Imagery Read More »

The High Society, an NFT Collection Celebrating People and Challenging Cannabis Stigma

In the year since non-fungible tokens rose astronomically and hogged the spotlight, the digital asset industry has witnessed the launch of tens of thousands of collections birthed by creators and companies highly cognizant of the value these blockchain-hosted units of data bring to the table. Apart from promising to deliver a long list of financial …

The High Society, an NFT Collection Celebrating People and Challenging Cannabis Stigma Read More »

Mozilla Foundation Resumes Crypto Donations, but Excludes Major Cryptocurrencies Like Bitcoin

Photo: Unsplash The Mozilla Foundation is resuming its cryptocurrency donations but is excluding several cryptocurrencies, including Bitcoin ($BTC). The Mozilla Foundation is a non-profit organization that oversees the Mozilla Corporation and is behind Firefox, a popular web browser, among other internet-related applications. An announcement from the Mozilla Foundations says that it had started a “heated …

Mozilla Foundation Resumes Crypto Donations, but Excludes Major Cryptocurrencies Like Bitcoin Read More »

Tesla's Q2 reports reveal the company selling 75% of its Bitcoin, but Dogecoin remains untouched

Tesla Sells 75% of Bitcoin According to Q2 Earnings Report, Dogecoin Remains Untouched

During Tesla’s second-quarter earnings report, the company announced that it had sold 75% of its Bitcoin holdings for $963 million. However, while a significant percentage of the top crypto coin has been sold, Elon Musk has revealed that Tesla is sticking to its Dogecoin holdings. Elon Musk and Dogecoin The news came via a quarterly …

Tesla Sells 75% of Bitcoin According to Q2 Earnings Report, Dogecoin Remains Untouched Read More »

Economist Paul Krugman continues to voice his skepticism towards cryptocurrency, calls it a modern pyramid scheme

Paul Krugman Remains Skeptical of Crypto Market, Compares It to a Pyramid Scheme

Although the cryptocurrency market has grown and become more popular over the past decade, many remain skeptical of crypto assets, including economist Paul Krugman. Paul Krugman has voiced his criticism of crypto assets for years, calling them “the new subprime.” However, he also said that while the industry presents itself as innovative and respectable, it …

Paul Krugman Remains Skeptical of Crypto Market, Compares It to a Pyramid Scheme Read More »

Celsius

From Crypto Lending Titan to Filing for Bankruptcy: What Led Celsius to Its Downfall

The Celsius Network was born into the crypto movement. It was created by founder and CEO Alex Mahinsky, who turned it into the largest centralized platform: Celsius offered returns on various cryptocurrencies, working as a hedge fund. However, the platform has been in the spotlight for the past few weeks for the wrong reasons. Recently, …

From Crypto Lending Titan to Filing for Bankruptcy: What Led Celsius to Its Downfall Read More »

Solana

Solana Falls Further as Bug Halts Production, Losing NFT Interest in the Progress

The crypto market was not kind to Solana as their blockchain suffered its second outage in the past month. Not only did the outage cause chaos for users, but it also caused problems within their system. The bug that occurred led to block production coming to a halt for hours, and Solana kept people updated …

Solana Falls Further as Bug Halts Production, Losing NFT Interest in the Progress Read More »

Dogecoin

Elon Musk Hits Back on Dogecoin Co-Creator for His Grifter Comments

Elon Musk hits back at Dogecoin co-creator Jackson Palmer on Twitter after Palmer labeled him a grifter.  The Dogecoin co-creator’s comments went public during an interview with Australian news site Crikey. Palmer reveals that he messaged the Tesla CEO on Twitter years earlier after developing a bot that could identify crypto scams on the social …

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Shiba Inu

Shiba Inu Coin Tipped to Continue Its Downward Trajectory Before Things Start Looking Up

Sometimes things have to fall to make way for better things. While the majority of the crypto market is currently going through one of its most challenging periods in existence, there is still a glimmer of optimism for most coins, particularly the Shiba Inu. One of the most beloved memecoins in the market, the Shiba …

Shiba Inu Coin Tipped to Continue Its Downward Trajectory Before Things Start Looking Up Read More »

Campground: Revolutionizing Content Creation and Monetization in Web3

Content creation has become one of the fastest-growing enterprises in recent years. In fact, social media influencers are considered celebrities and are among this generation’s most famous and successful personalities. As a result, many want to try their hand at the profession. However, these aspiring individuals quickly learn that most sites offer very little to …

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Elon Musk sued for supposedly encouraging others to invest in crypto

Dogecoin Advocate Elon Musk Maintains He Never Pushed Others to Invest in Crypto

Tesla and SpaceX CEO Elon Musk is one of the most influential people in crypto space, but his passion for cryptocurrency has put him into a tight spot recently. In an unexpected move, Keith Johnson filed a legal case against Elon Musk for pushing DOGE to society, blaming the Tesla CEO for pushing DOGE to …

Dogecoin Advocate Elon Musk Maintains He Never Pushed Others to Invest in Crypto Read More »

WeChat updates policies for stricter ban on crypto assets

China Updates WeChat Policy to Ban Cryptocurrency and NFTs

China is renowned for its strictness on social media, banning popular platforms, and now they’ve focused on banning cryptocurrency and non-fungible tokens (NFTs) on WeChat. WeChat is the country’s most popular social media platform, used by more than 1.1 billion users. However, it is receiving a new policy wherein users will be prohibited from providing …

China Updates WeChat Policy to Ban Cryptocurrency and NFTs Read More »

Paper Boyz Teams up with “Angry Birds” and “FIFA Mobile” Animation Artists in an NFT Collection that Sparks Nostalgia

Come July 1, 2022, Paper Boyz by NFTMagazine.com will become one of the NFT projects taking over the digital space. The collaborative project between JetSet, multiple founders from various successful projects and the producer of the acclaimed “Angry Birds” and “FIFA Mobile” animations. This upcoming project is being driven out of Irvine, California, where the …

Paper Boyz Teams up with “Angry Birds” and “FIFA Mobile” Animation Artists in an NFT Collection that Sparks Nostalgia Read More »

Crypto Market Crash

Industry Experts Weigh In Their Thoughts Following the Crypto Market Crash

The cryptocurrency industry has been in full swing since the early 2010s, and this year saw crypto companies dominate the World Economic Forum (WEF) in Davos, a significant difference from the 2020 edition. The WEF is an annual gathering of global business leaders and politicians to prepare the agenda for the year. The crypto presence …

Industry Experts Weigh In Their Thoughts Following the Crypto Market Crash Read More »

Deepak Chopra Encourages Crypto Investors

Deepak Chopra Encourages Crypto Investors to Focus on the Long-Term

Any crisis is enough to disorient people’s minds, especially for those who are heavily invested in cryptocurrency. Unfortunately, the recent crypto market crash has been complicated for investors as the terraUSD, a popular dollar-pegged stablecoin, imploded virtually overnight, leading the price of many major coins to decline. Deepak Chopra is a cultural icon for his …

Deepak Chopra Encourages Crypto Investors to Focus on the Long-Term Read More »

Robert Koyasaki Prepares to Dive Into Bitcoin

Robert Koyasaki Prepares to Dive Into Bitcoin; Three Steps You Can Do the Same

For most people, the crash of the crypto market is something to worry about, but there are a few who have remained optimistic, including Robert Kiyosaki. The author of Rich Dad Poor Dad revealed that he’s prepared to delve into the crypto world. He explained on Twitter that he’s only waiting for the crypto titan …

Robert Koyasaki Prepares to Dive Into Bitcoin; Three Steps You Can Do the Same Read More »

Binance Under Investigation From the U.S. SEC Over BNB Sales

Binance Under Investigation From the U.S. SEC Over BNB Sales

The crypto market crash left an incredible mountain to climb for several coin brands and investors, causing thousands if not millions of people to lose their money. While coins like Bitcoin and Ethereum suffered significant losses, midtable coin Binance took another hit when the U.S. Securities and Exchange Commission or SEC dived into an investigation …

Binance Under Investigation From the U.S. SEC Over BNB Sales Read More »

Binance seeking licenses to operate within the Philippines

Changpeng Zhao Reveals Plans to Have Binance Operating in the Philippines

Amid the extensive situation that Binance has found itself in, the platform has shifted its focus on obtaining virtual assets service provider and e-money issuer license from the Philippines’ bank, Bangko Sentral ng Pilipinas (The Central Bank of the Philippines). Changpeng Zhao, or CZ, the CEO of Binance, revealed he had plans to acquire two …

Changpeng Zhao Reveals Plans to Have Binance Operating in the Philippines Read More »

Initial hopes of Dogecoin value increase dashed as it crashed heavily

Dogecoin Continues Heavy Decline a Year After Elon Musk’s SNL Appearance

Celebrity endorsements often guarantee success for brands and products, so when Elon Musk appeared on Saturday Night Live last year, many hoped the Dogecoin superfan would help the coin’s value shoot up. Instead, the value fell significantly. Last May, Musk performed a series of skits, making references to Dogecoin. Fans and investors had their fingers …

Dogecoin Continues Heavy Decline a Year After Elon Musk’s SNL Appearance Read More »

The NFT-selling platform announced new features to provide users with security

OpenSea to Add New Features to Strengthen the Platform’s Security

For some time, OpenSea has been the victim of several non-fungible tokens (NFTs) getting stolen or plagiarized. As a result, the platform recently announced that it would be launching a new feature to help combat such thefts. The new feature will automatically hide suspicious transfers from view on the marketplace, protecting users from getting scammed …

OpenSea to Add New Features to Strengthen the Platform’s Security Read More »

Modernist NFT: Revolutionizing the NFT Space With Its One-Of-A-Kind Artwork and Interactive Features

While the popularity of NFTs continues to grow exponentially, the space is also slowly becoming saturated. As it stands, developing a project with a completely new theme can be highly challenging, and many aspiring founders end up recycling previously used tropes. This surplus of repetitive and redundant ventures has made the community hungry for innovation. …

Modernist NFT: Revolutionizing the NFT Space With Its One-Of-A-Kind Artwork and Interactive Features Read More »

Bill Gates takes a swipe at Bored Ape Yacht Club

Bill Gates Dismisses Cryptocurrency and NFTs, Cites Fool Theory

Bill Gates has never shied away from his distaste for cryptocurrencies and non-fungible tokens (NFTs). Previously, the Microsoft co-founder shared his sentiments towards cryptocurrency, saying it held no real value. He once again echoed those sentiments while speaking at a TechCrunch talk to discuss climate change on Tuesday. Gates described the digital asset trends as …

Bill Gates Dismisses Cryptocurrency and NFTs, Cites Fool Theory Read More »

Bitcoin manages to recover after incredible drop on Saturday

Bitcoin Regains Footing Above $20,000 Line After a Heavy Drop

After weeks of seeing red, the crypto market saw some positive signs as coins like Bitcoin finally surged above the $20,000 line on Sunday afternoon to hit $20,580, a 16.9% gain from its Saturday price. The recent rally follows one of Bitcoin’s latest drops, which fell below $20,000 on Saturday – $17,601, the coin’s lowest …

Bitcoin Regains Footing Above $20,000 Line After a Heavy Drop Read More »

Stibits Democratizes Cryptocurrencies to Provide a Seamless and Simplified User Experience

The world of cryptocurrencies has grown tremendously over the past few years. Naturally, with this rapid growth that the market has been seeing, a spike in the learning curve is indeed inevitable. The lack of a fully-integrated system that governs cryptocurrencies has been a pressing issue in the industry. Dubbed the “Wild West” of investments, …

Stibits Democratizes Cryptocurrencies to Provide a Seamless and Simplified User Experience Read More »

20-Year-old College Dropout Joey Sendz Dropout Becomes Multi-Millionaire In 40 Days From NFTs

Technology has changed lives and helped many people chart new courses differently from traditional paths. Joey Sendz found the hack to succeed through technology, kickstarted his dreams, dropped out of college and fashioned an inspiring story. Joey Sendz became a multimillionaire in 40 days through NFTs with plans to do more through his latest project, …

20-Year-old College Dropout Joey Sendz Dropout Becomes Multi-Millionaire In 40 Days From NFTs Read More »

Talks are positive regarding a crypto tax reform in Japan

Japan Prime Minister Kishida Warms Up to Idea of Crypto Tax Reform

With the Japanese Prime Minister Fumio Kishida indicating that he may be open for reform in order to spark Web3 related growth, it is likely this will have a positive impact on how cryptocurrencies are perceived by citizens. Last week, the Prime Minister addressing parliament shared that Web3 could lead to economic growth. He also …

Japan Prime Minister Kishida Warms Up to Idea of Crypto Tax Reform Read More »

Crypto

Seminar Proves Crypto May Still Thrive Among Older Audience

As we grow older, the need to invest becomes more apparent. Seniors have developed a habit of cashing out their investments more than younger consumers despite being advised not to by financial professionals, who fear high inflation will cause them harm in this regard; they seek alternative assets including cryptocurrencies. Last year saw Bitcoin rise …

Seminar Proves Crypto May Still Thrive Among Older Audience Read More »

Meet TheBlondeJon: The Young Entrepreneur and Tiktok Star Who Is Currently Making Waves Across the Digital Space

Over recent decades, it has become more apparent that age is not a determinant in succeeding and carving a path toward the summit of one’s target industry. The commercial space, in particular, no longer serves as a battleground exclusively for middle-aged experts as young go-getters are now establishing themselves among a plethora of competitors. TheBlondeJon …

Meet TheBlondeJon: The Young Entrepreneur and Tiktok Star Who Is Currently Making Waves Across the Digital Space Read More »

Ryoshi left a post that urged the community to move forward together, even without him

Ryoshi, Founder of Shiba Inu Coin, Deletes Social Media and Blog Posts

In a shocking turn of events, the Shiba Inu Coin community was hit hard when their founder deleted all posts and withdrew from social media. When Ryoshi stepped away from social media, the community was left scratching their heads. Anyone who ventures onto his Twitter will find a painting of Jetsun Milarepa—a Tibetan Siddha whose …

Ryoshi, Founder of Shiba Inu Coin, Deletes Social Media and Blog Posts Read More »

How Entrepreneur and NFT Founder JetSetFly’s Success Inspires the Youth

Often, young people are looked down upon by adults who think that they are not capable of handling responsibilities. As a result, so many teenagers do not feel confident in making decisions or even pursuing their dreams. Fortunately for Josh King Madrid, more popularly known as JetSetFly, he had insightful and supportive parents who allowed …

How Entrepreneur and NFT Founder JetSetFly’s Success Inspires the Youth Read More »

Recent inflow indicates a positive turn for Bitcoin

Bitcoin Funds See Inflow with Analysts Predicting a Bounceback

The recent crypto market crash has set a heavy toll on investors and organizations with investment funds backed by Bitcoin and crypto again saw inflows last week. While Bitcoin continues its nine-week losing streak, analysts have shown enthusiasm for the near-term outlook for Bitcoin, predicting a bounce in June. According to data from the crypto …

Bitcoin Funds See Inflow with Analysts Predicting a Bounceback Read More »

Sophia the Robot NFT

Sophia the Robot launches Baby Singularities NFT Collection in Decentraland, officially starts Sophia’s Age of Singularities (SAOS) Metaverse

Sophia, the world’s most renowned and well-loved robot, is revolutionizing the future with her Sophia’s Age of Singularities (SAOS) Metaverse. The Baby Sophias will provide collectors premium access to Sophia’s AI and metaverse for training her AI, serving the quest to bring sentience, life, and AGI to Sophia and the world. Serving both the real …

Sophia the Robot launches Baby Singularities NFT Collection in Decentraland, officially starts Sophia’s Age of Singularities (SAOS) Metaverse Read More »

MetaMask and Asset Reality Band Together to Help Victims Recover Stolen Assets

Image Source: axie.win Crypto theft has been a prominent subject in forums online as the process of recovering one’s assets is often complicated and sometimes deemed impossible. Occasionally, victims can get scammed in the process of seeking help, as noted by Aidan Larkin, CEO of investigation firm Asset Reality. “If you lose your crypto, it’s …

MetaMask and Asset Reality Band Together to Help Victims Recover Stolen Assets Read More »

Despite slow upward movement, Bitcoin and Ether are yet to cross the $30,000 line

Bitcoin and Ether Continue to Stagger Below the $30,000 Line Following the Crypto Market Crash

Crashes in the crypto and stock market have become a common event; and while they usually raise some concern, the markets typically bounce back. Recently, the crypto market hit a new kind of low that left even the billionaires of the industry concerning losses. Since then, the prices were able to move upward, but the …

Bitcoin and Ether Continue to Stagger Below the $30,000 Line Following the Crypto Market Crash Read More »

Bitcoin and Ether Confirmed by CFTC Chairman as Commodities

Photo: WSJ The U.S. Commodity Futures Trading Commission (CFTC) has confirmed crypto assets like Bitcoin and Ether are commodities after chairman Rostin Behnam discussed the topic. In an interview with CNBC last week, Behnam spoke about the regulation of cryptocurrencies by the CFTC and the Securities and Exchange Commission (SEC). The chairman was asked to …

Bitcoin and Ether Confirmed by CFTC Chairman as Commodities Read More »

Bills Gates

Bills Gates Continues to Avoid Investing in Crypto, Says He Prefers Investing in Things With Valuable Output

Photo: Inc Cryptocurrency has dominated the digital space for the majority of the past decade, with millions investing, including some of the wealthiest people in the world; however, Bill Gates, the fourth-richest person in the world, revealed he hadn’t spent a single cent on cryptocurrency. The Microsoft co-founder revealed that digital assets didn’t pique his …

Bills Gates Continues to Avoid Investing in Crypto, Says He Prefers Investing in Things With Valuable Output Read More »

Lions Not Sheep NFT: The Access Ticket to Highly-Anticipated Freeman World’s Fair and Other Life-changing Events

In the digital world, nothing is impossible. This reflects clearly in the evolution of Lions Not Sheep as a business founded by Sean Whalen into a digital empire offering a wide range of initiatives, products, and innovations alongside an NFT collection, Lions Not Sheep NFT, with Greg W Anderson as co-founder. All that Sean Whalen …

Lions Not Sheep NFT: The Access Ticket to Highly-Anticipated Freeman World’s Fair and Other Life-changing Events Read More »

Metapump NFT Brings Traditional Fitness to NFT Environment, Set to Enter Ethereum Blockchain

Merging fitness and blockchain technology, Metapump enters the NFT space. The Metapump NFT project is a collection of 9,600 unique 3D characters, all equipped with unique utilities. The NFT automatically gives holders discounts for Cutler Nutrition and Cutler Athletics, two brands owned by Jay Cutler, on whom the collection is based. Metapump NFT aims to …

Metapump NFT Brings Traditional Fitness to NFT Environment, Set to Enter Ethereum Blockchain Read More »

The Central African Republic Becomes the Second Country in the World to Legalize Bitcoin as Legal Tender

Photo: Tech Gist Africa Since cryptocurrency became more popular in the last decade, the market has grown exponentially. Bitcoin, in particular, has been the leader of the crypto market and sparked debates on whether or not it should be legalized with other cryptocurrencies. Although it has been more popular in western countries, cryptocurrency has slowly …

The Central African Republic Becomes the Second Country in the World to Legalize Bitcoin as Legal Tender Read More »

CFTC Chairman Speaks Up About the Regulation of Crypto Assets

Photo: FX News Group Following the crypto market’s sell-off last week, people have grown concerned over their protection and financial stability. So Rostin Behnam, the chairman of the Commodity Futures Trading Commission (CFTC), sat down for an interview with Becky Quick, co-anchor of CNBC’s “Squawk Box,” to talk about the regulation of the market. Rostin …

CFTC Chairman Speaks Up About the Regulation of Crypto Assets Read More »