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Ethereum rising: 3 reasons why Ether’s price could soon break $3,000

Will Google greenlighting US crypto ads, Ethereum’s London upgrade and clearer regulations pave the way for another Ether price rally?

Ethereum upgrade closely watched; India launches e-RUPI voucher

Ethereum upgrade closely watched also India launches e-RUPI voucher

China maintains crypto market pressure; J-Pop stars offer NFT advice

China maintains crypto market pressure. On the other hand, J-Pop stars offer NFT advice.

Huobi deregisters Beijing entity; K-drama takes crypto back in time

Huobi deregisters Beijing entity while K-drama takes crypto back in time

What’s Ethereum price outlook for the rest of 2021?

Ethereum’s future is top of mind for a group of fintech experts polled by Finders. Where do they think Ethereum prices are headed, and will Ethereum overtake Bitcoin?

CoinShares: Multi-asset crypto investments see inflows amid outflows from Bitcoin and Ethereum

For the third consecutive week, digital asset investment products last week saw outflows — this time, to the tune of US$28 million, according to CoinShares, Europe’s largest digital assets fund manager. Bitcoin saw the majority of outflows, but multi-asset investment products remained positive with inflows of US$3.1 million. Fast facts Bitcoin investment products saw US$24 […]

Bit Mining pivots overseas; Ethereum creator joins ‘Stoner Cats’ cast

Bit Mining pivots overseas as Ethereum creator Vitalik Buterin joins animated crypto series ‘Stoned Cats’ cast.

NFTs, smart contracts come to ADA as Alonzo mainnet debut approaches

Wolfram Blockchain Labs and Cardano are set to host a livestream event in which items from Wolfram’s computational universe will be “Liveminted” as NFTs on the Cardano network. Details of the event were shared on the website of Cardano’s parent company, Input Output Hong Kong recently, which said it would take place on July 28. […]

Neon virtual machine allows Ethereum dApps, tools to scale on Solana blockchain

Neon Labs, a firm focused on secure blockchain technology, announced today that it will be deploying a cross-chain Ethereum virtual machine on the Solana testnet. Neon’s EVM will allow any decentralized application from the Ethereum ecosystem to leverage the high throughput and fast block times of Solana, and to access the lower gas prices of […]

ICICI blocks crypto transfers; Korea banks to report crypto crime

ICICI blocks crypto transfers as South Korean banks are to report crypto crime.

Grayscale registers large-cap crypto fund with SEC

Grayscale Investments — the world’s largest digital asset manager — has registered its Digital Large Cap Fund with the U.S. Securities and Exchange Commission following the filing of a registration statement Form 10 last year. Fast facts The company has also announced it is filing three additional registration statements via the same form for the […]

Bitcoin outflows near $7M in ‘quietest’ crypto trading week for nine months

Cryptocurrency investment products saw a total outflow of US$4 million last week in the “quietest trading week since October 2020,” according to digital asset investment firm CoinShares’ weekly digital asset fund flows report. Fast facts Cryptocurrency markets remained soft, with Bitcoin seeing US$6.9 million of outflows. Trading volumes in investment products totaled just US$1.58bn for […]

Elizabeth Warren warns over crypto risks, presses SEC on regulation

U.S. Senator Elizabeth Warren has written to Securities and Exchange Commission Chair Gary Gensler enquiring about the SEC’s authority to regulate cryptocurrencies and asking what future congressional regulatory action is needed, according to a Reuters report. Fast facts Requesting a reply by July 28, Warren, who heads the Senate Banking Committee’s Subcommittee on Economic Policy, […]

Ethereum’s institutional outflows hit record US$50M, CoinShares data says

Ethereum is bearing the brunt of negative sentiment on crypto, with net outflows from institutional products related to the token hitting a record of US$50 million last week.

What will Ethereum’s London hard fork do as an upgrade?

A major Ethereum upgrade via London hard fork — which experts call a ‘seismic shift’ for the industry — is coming soon. Are ‘Ethereum killers’ doomed?
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Blue House responds to petition; Bitmain offers relocation assistance | The Daily Forkast

South Korea’s Blue House responds to a national petition calling for the financial watchdog head’s resignation.

South Korea’s Upbit sued for patent violation, Alipay launches NFT platform | The Daily Forkast

Another legal challenge faces cryptocurrency exchange Upbit. In China, Ant Group is getting into the NFT game — through Alipay.

What is Ethereum, and could it become the future of blockchain?

Ethereum is much more than a cryptocurrency, and it has already attracted huge interest among investors. What’s all the fuss about? Forkast.News explains.

Bearish crypto sentiment focused on Bitcoin, CoinShares says

Bitcoin is in its sixth consecutive week of institutional outflows, with US$89 million exiting the coin, according to a weekly fund flows report.

Bitcoin and Ethereum prices fall: Is the crypto market in an over-leveraged bubble?

Against a backdrop of El Salvador’s BTC boosts, famed investor Michael Burry warns about a crypto price bubble and China intensifies its crypto clampdown.

Grayscale eyes 13 more crypto assets including Polygon, Bancor

Institutional digital asset manager Grayscale announced today that it is exploring 13 more assets for its trusts, mainly related to decentralized finance.

Bitcoin price dips but BTC dominance rises with US inflation fears

Bitcoin sheds 4% but BTC’s share of the total crypto market grows after US Fed projects higher inflation and plans interest hikes earlier than expected.

Input Output Hong Kong announces launch of AlonzoBlue2.0 testnet

Input Output Hong Kong has announced on Twitter that it has launched AlonzoBlue2.0 to the Cardano testnet.

Ethereum sees record institutional outflows of US$12.7M

Ethereum saw its largest institutional outflows on record last week as outflows from Bitcoin eased, according to a report by CoinShares.

Who’ll blink first in India’s crypto stand-off?

India’s central bank has clarified that cryptocurrencies are not illegal, but that does little to prevent lenders from refusing to provide crypto-related services.

Saudis lead $30M Series A for China nationwide blockchain network manager

Beijing-based Red Date Technology — the face of China’s ambitious nationwide blockchain service network — receives a big investment boost.

El Salvador’s Bitcoin experiment. Ethereum’s steady rise. Free money in China.

Top blockchain and crypto news: El Salvador bets on Bitcoin as national currency. ETH gains ground on BTC. Beijing dishes out digital yuan in latest trials.

How NFTs are redrawing Asia’s art scene from artists to galleries

From Phillips auction house in Hong Kong to Art Fair Philippines, non-fungible tokens are redefining how Asia appreciates, buys and profits from art.

XRP sees robust institutional inflows; Ethereum ‘altcoin of choice,’ report says

XRP last week saw inflows of US$7 million into investment products, the most since April, according to CoinShares.

NortonLifeLock bids to turn users into home Ethereum miners

Users of cybersecurity product NortonLifeLock will soon be able to mine Ethereum on their home computers through a new feature named Norton Crypto.

Ethereum investment products hit market-share high of 27%, report says

Ethereum has hit a market-share high of 27% of all digital asset investment fund products following recent price corrections.

Vitalik Buterin speaks: What lies in the future of Ethereum?

Breaking into occasional Mandarin at a Hong Kong conference, Ethereum’s visionary creator tells all — including why Ethereum 2.0 is taking so long.

Crypto market rebound as investors go green; Indonesia plans CBDC | The Daily Forkast

Investors are turning to green alternatives to tackle Bitcoin’s impact on the environment as Indonesia gears up for a CBDC.

Hong Kong split on retail crypto ban; Korean conglomerate on custody | The Daily Forkast

Hong Kong reacts to the region’s pending legislation on limiting crypto investment to professional investors while a conglomerate enters South Korea’s crypto custody scene.

What’s really behind the Bitcoin market crash? Tether USDT lifts veil on reserves. Facebook-backed Diem going to California.

Other top blockchain and cryptocurrency news: BlockFi’s accidental BTC millionaires. China’s Inner Mongolia asks citizens to report illegal crypto mining.

Bitcoin drops below US$40,000; China sends another crypto warning | The Daily Forkast

China’s newest warning against crypto sends market into nosedive and Bitcoin dips below US$40,000 for the first time since February.

Will Singapore launch a people’s digital currency — and support DeFi?

As Singapore builds Project Dunbar, a cross-border multiple-CBDC platform, its government dives into DeFi learning and ponders a CBDC for the masses.

‘Fear’ gets the best of Bitcoin; ‘Charlie Bit Me’ is now an NFT | The Daily Forkast

FUD has taken over Bitcoin’s FOMO sentiment as iconic YouTube video ‘Charlie Bit Me’ gets immortalized as an NFT.

Audience fave ‘Charlie bit me’ video to be auctioned off as NFT

The home video that has been viewed more than 880 million times is set to be sold as NFT to highest bidder — and then deleted forevermore from YouTube.

ICP takes crypto world by storm. Will Ethereum be the next Bitcoin? Goldman Sachs launches crypto trading desk.

Other top blockchain and cryptocurrency news: How Dogecoin copycat SHIB coin vaulted into crypto’s top 20. China unveils fingerprint ID for digital yuan.

SNL lights too bright for Dogecoin; ESG investments join crypto | The Daily Forkast

Dogecoin is on its weekend hangover as trading volumes in India’s WazirX for DOGE reaches new heights. Meanwhile, ESG investments tackle crypto.

BCH gets the nod from Japan; Digital yuan travels to the countryside | The Daily Forkast

While Bitcoin Cash surges, we visit a Japanese coffee shop owner who just started accepting BCH as payment.

PancakeSwap and controversial SafeMoon turbo boost BSC past Ethereum

Is Binance Smart Chain’s meteoric rise from PancakeSwap and cryptocurrency SafeMoon sustainable, and is an ‘Ethereum killer’ now finally closer to reality?

Is Dogecoin’s price boom over? Investors punish Bitcoin and crypto market. Edward Snowden’s $5 million NFT.

Other top blockchain and cryptocurrency news: Can China be warming up to digital assets and crypto investing? Ethereum ETFs roll out in Canada.

While supporters rally to mark “Dogeday 4/20” – Here’s the weird history of Dogecoin

From controversial meme-coin to the 5th largest digital asset. Is Dogecoin a joke or the future of cryptocurrency?

Coinbase sell-off triggers crypto market panic as Dogecoin prices soar

Were the weekend’s falling BTC, ETH and XRP prices a cryptocurrency market crash or just a correction — and why is DOGE escaping investors’ wrath?

Ethereum’s Berlin upgrade goes live. What’s next for Ethereum?

ETH surged to a new all-time high with Ethereum’s Berlin hard fork. Will improving gas fees ward off Ethereum competitors like Binance Smart Chain?

Bitcoin skyrockets past US$64,000, hits another all-time high

Ahead of Coinbase’s Nasdaq listing, Bitcoin surged to new highs in Asian trading hours. Ether, ADA and DOGE also reached new ATHs as altcoins soared.

Lawyer for 11,000 XRP holders pushing to fight SEC in Ripple lawsuit

As Ripple and SEC intensify their legal battles, attorney John Deaton and his clients are trying to jump into the fray. Will XRP investors get their day in court?

World’s first major crypto art show opens in Beijing

Headlined by crypto art superstars Beeple and Robert Alice, the in-person exhibit also features works by Chinese artists. Next stop: Shanghai.

Justin Sun: Next generation traders will prefer NFTs and DeFi

Gen Z and millennials will transform investing. Here’s why one of their own — TRON CEO Justin Sun — thinks NFTs and DeFi are the wave of the future.

Chia Network launches eco-friendly blockchain and XCH cryptocurrency

Founded by BitTorrent creator Bram Cohen, Chia Network’s new ‘proof of space and time’ blockchain aims to be a more sustainable alternative to bitcoin.

Will DeFi upend traditional finance and democratize capitalism?

GameStop’s drama is over, but it may signal big changes ahead for finance. Here’s why one former banker thinks ‘DeFi is going to absorb traditional finance.’

Guide to tokens and NFTs: what is ‘tokenization’ and how does it work?

What do tokenized securities and Jack Dorsey’s NFT tweet have in common? In this Forkast.News explainer, learn how crypto tokens are changing the world.

Will new CasperLabs token take a bite out of high gas fees?

CasperLabs, a new smart contract blockchain network, announces its CSPR token sale — which CTO Medha Parlikar likens to a ‘gas futures market.’

BNY Mellon, Jay-Z join bitcoin conga line. Will NFTs take over real world? Roadmap for Biden to take blockchain leadership.

Other top blockchain and crypto news: DeFi under Fed study. Andrew Yang, Wyoming vie for crypto attention. Hong Kong and India edge toward crypto bans.

Want in on bitcoin? Here are 5 things new crypto investor must know

If you’re wondering how to get started in investing in bitcoin or other cryptocurrency, this Forkast.News guide is for you. But beware the risks and pitfalls.

Binance Labs invests in Plasm Network to expand Polkadot

Plasm Network, a leading DApps hub on Polkadot and first parachain on its Rococo testnet, secures $2.4 million to build out the growing Polkadot ecosystem.

GameStop crashes as Ethereum-led crypto rally takes center stage

GME and other r/WallStreetBets-pumped stocks are now down over 50%. But Ethereum prices are soaring to new heights in a wave that’s also lifting Bitcoin and Cardano ADA.

As SEC goes after Ripple and Bitcoiin2Gen, is DeFi next in its line of fire?

Securities lawyers read the tea leaves of SEC’s lawsuits against Ripple XRP and Bitcoiin2Gen. Will DeFi be next for SEC enforcement actions or regulations?

74% of stablecoins are issued on Ethereum, according to new report

ConsenSys Codefi’s 4Q 2020 report on DeFi trends also predicts more ‘wrapped’ tokens, tranche lending products and Ethereum 2.0 derivatives in 2021.

IOHK’s Charles Hoskinson says proof of stake is much better than proof of work

IOHK and Cardano’s founder also explains why new US Treasury Secretary Janet Yellen is the ‘single biggest development’ for the crypto industry’s future.

Biden’s American Rescue Plan. Crypto’s regulatory outlook in 2021. How not to lose your bitcoin password (don’t ask Stefan Thomas).

Other top blockchain and cryptocurrency news: Twitter’s blue sky initiative. In China, Conflux Network wins another government deal.

Congested Ethereum hosts 96% of DeFi transactions. Who are its up-and-coming competitors?

2020 is banner year for DeFi as industry balloons by over $100 billion in volume from Q2 to Q3 — most of it riding on Ethereum, according to a new report

Ep. 32 | Bithumb on the block amid fraud probe. Wealthsimple debuts Canada’s first regulated crypto exchange. BitFlyer permits BTC buys via PayPal.

Other top news: Ant Group launches blockchain platform for cross-border trade. China makes Beijing, Hunan and Anhui into special free trade zones.

US authorities are taking aim at DeFi. Are crypto loans next?

DeFi crypto lending — a loosely regulated industry that grew by 700% last year — is catching investor attention. What do the IRS and SEC think?

How Fed-led inflation of USD could be good for bitcoin and digital assets

Covid-driven monetary policies are spurring growing investor interest in crypto assets and derivatives, says Richard Byworth, CEO of Diginex and EQUOS.io.

SEC ‘Crypto Mom’ Hester Peirce: US will lose out in crypto innovations if regulations remain in limbo

The US is gold standard for global financial regulations. But if US does not get its act together over crypto, other nations will emerge as leaders in this growing space.

‘Unsettling limbo’: Covid has paralyzed tech investment. How will startups survive?

Companies are holding off investing in emerging technology not only because of economic turmoil, but also structural biases against meaningful change.

Why invest in Bitcoin when global markets are still a hot Covid mess?

Bitcoin’s tumbling prices during the coronavirus pandemic may be an opportunity to buy the dip.

Asia has ‘crypto groove’ – and Korea’s mom and pop shops are helping lead the way

Asia’s blockchain and cryptocurrency projects have more vitality than other regions, says the chairman of the Cardano Foundation. But he also notes the variations within the region. How does Hong Kong differ from Vietnam and Singapore?

Can blockchain guarantee food safety in China?

Having a high standard in food safety and security demands that the food is of good quality, free from disease or infection, and safe for consumption. Keeping up with this standard is a matter of international concern and the responsibility of food producers and governments.