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Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open
7.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors...
Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets
7.4.2023
Bitcoin price action does not warm to nonfarm payrolls numbers as analysts predict the Fed continuing to hike interest rates in May
XRP price eyes 30% upside after key resistance area breaks
7.4.2023
More gains for XRP price appear likely due to a classic bullish continuation pattern alongside strong whale accumulation
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls
7.4.2023
Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data. Ethereum was also largely unchanged as of writing....
$30K BTC price target stays valid as ‘boring’ Bitcoin heads into US jobs data
7.4.2023
Bitcoin still lacks direction, traders agree, but both $25,000 and $30,000 remain as targets once conditions change
Luxury Brand Ralph Lauren Now Accepting Crypto Payments at Its New Miami Store
7.4.2023
The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are among the cryptocurrencies that are accepted at Ralph...
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
7.4.2023
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11...
Bitcoin Price Prediction as Bulls Hold BTC Above $28,000 Support – Is a BTC Upswing Imminent?
7.4.2023
Bitcoin enthusiasts and investors are closely monitoring the market as bulls manage to maintain the flagship cryptocurrency's price above the critical $28,000 support level. This key milestone has rekindled hopes for a potential upswing in the near future, with many speculating on the factors that...
Here’s How Friday’s US Jobs Report Could Impact the Bitcoin (BTC) Price
7.4.2023
The US jobs market report for March is set for release on Friday and has the potential to really shake things up in the Bitcoin market.
Traders will be closely scrutinizing the non-farm payrolls figures (the net change in jobs in the economy), which is expected to moderate to 239,000 from 311,000...
Bitcoin Options Markets Reveal Investors Still Bullish, Despite Repeated BTC Price Failures to Test $30K
6.4.2023
Despite repeated failures by the Bitcoin price to test the $30,000 level in recent weeks over the course of the last three weeks, investors remain bullish, according to options market data presented by crypto analytics firm The Block.
Bitcoin has spent the last three weeks trading with $1,500...
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
6.4.2023
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should...
Bitcoin 'faces headwinds' as US money supply drops most since 1950s
6.4.2023
Research from Bloomberg Intelligence argues that liquidity conditions still do not favor a continuation of the Bitcoin rally
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $28,000, as Markets Consolidate on Thursday
6.4.2023
Bitcoin was once again trading below $28,000, as markets consolidated ahead of Friday’s non-farm payrolls report. Payrolls are expected to come in at 240,000 for last month, with the unemployment rate in the U.S. remaining at 3.6%. Ethereum was also lower today, following an eight-month high...
Ankr merged with Microsoft, Collateral Network pumps in presale, BTC holders take profit
6.4.2023
This week, Ankr (ANKR) announced a partnership with Microsoft, Collateral Network (COLT) saw a significant pump during its presale, and Bitcoin (BTC) holders caused the asset’s price to dip. Let’s take a closer look at these three newsworthy cryptocurrencies. Collateral Network (COLT) ...
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
Bitcoin barely holds $28K as bulls see new rejection at key resistance
6.4.2023
A fresh BTC price charge on liquidity around $30,000 ends in a return to a familiar Bitcoin trading range
Bitcoin Price and Ethereum Prediction: ETH Rises 5%, Will BTC Follow Suit?
6.4.2023
Bitcoin, the world's largest cryptocurrency, has experienced a rollercoaster ride since the beginning of 2023, surging over 70% in the first quarter. This performance outpaces other assets, such as physical gold and US stocks.
However, the upward trend appears to be decelerating, as BTC recently...
Bitcoin’s whitepaper is apparently hiding in Apple’s modern macOS
6.4.2023
Apple’s Mac devices have apparently been hiding Bitcoin’s whitepaper for up to five years
Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 More Bitcoins
5.4.2023
Nine days after publicly listed company Microstrategy purchased 6,455 bitcoins, the firm’s CEO, Michael Saylor, announced the purchase of an additional 1,045 bitcoins. The business intelligence (BI) company now holds a total of 140,000 bitcoins, worth $3.97 billion. Microstrategy Buys...
Bitcoin Price Prediction As BTC Bulls Hold $28,500, Is a Breakout on the Way?
5.4.2023
As the world of cryptocurrencies continues to evolve, Bitcoin's price trajectory remains a hot topic among investors and market analysts alike. With BTC bulls successfully defending the crucial $28,500 support level, speculation is rife about the possibility of an imminent breakout.
As traders...