Bitcoin and Ethereum Test New Lows, FXS Accelerates
4.5.2022
Bitcoin price failed to clear the USD 39,000 resistance level and started another decline, moving below USD 38,000. It is currently (04:09 UTC) trading near USD 38,100 again but it still might slide below USD 37,500. BTC is down 1% in a day and is unchanged in a week....
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Bitcoin funds saw largest single week of outflows since June 2021
4.5.2022
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote
Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
4.5.2022
The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow
Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore
4.5.2022
An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something that people can’t ignore.” He added: “We are past the point where there...
Crypto-Friendly Tim Ryan, JD Vance to Vie for Ohio's Open Senate Seat
4.5.2022
Both Ryan, a Democrat, and Vance, a Republican, support cryptocurrencies
Vitalik: L2 transaction fees need to be under 5c to be 'truly acceptable'
4.5.2022
Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable
Who’s Surprised by the SEC’s ‘Power Grab?’
4.5.2022
Something like $200 million in various cryptos were stolen, exploited or just plain burned over the past eight days. Given that, is it any wonder that regulators like Gary Gensler want closer oversight of the crypto sector?
Tesla CEO Elon Musk Gives Investment Advice He Says ‘Will Serve You Well in the Long Term’
4.5.2022
Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopted by Berkshire Hathaway CEO Warren Buffett. Elon Musk’s Investment...
The Woman Who Conquered COVID
4.5.2022
Taiwan's Digital Minister Audrey Tang sees the transparency of blockchain technology as a lynchpin of good governance
Here’s How to Purchase Your First NFT Domain on Quik․com
4.5.2022
Minting of NFT domains with exclusive TLDs like .chain, .metaverse, .vr, .doge, .shib, .bored is now live on the Quik’s NFT domain marketplace! Each of these TLDs has a domain minting limit ranging from 1k to 20k, and they work on a first-come, first-serve basis, so ensure that...
South Korea’s Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal
4.5.2022
Kakao Bank, South Korea’s biggest neobank and an affiliate of the internet giant Kakao, has refused to confirm or deny that it has struck a partnership deal with Coinone – one of the four biggest crypto exchanges in the country....
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Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions
4.5.2022
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The central bank warned it will not hesitate to act against entities found to be in breach...