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Global Economy Outlook Cut Again, Another Crypto Exchange Leaves Russia & Belarus + More News
18.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Global Economy Outlook Cut Again, Another Crypto Exchange Leaves Russia & Belarus + More News
Bitcoin Lightning Network Payments Jump Over 400%, 80M Users Have Access to Lightning
18.4.2022
As the usage of the Bitcoin (BTC) Lightning Network is growing rapidly, now more than 80m users are estimated to have access to this network, compared with 100,000 users last summer, a new report from Arcane Research has found.
The main driver of growth for the Lightning Network this year...
No Truth in Reports that Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’
18.4.2022
Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark.
A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as...
Bitcoin (BTC) Breaches Its Three Months Trendline!
18.4.2022
Bitcoin is the king of cryptocurrencies with a value gain that inspires new crypto developers to try their luck in developing revolutionary technology. While the timing for new crypto growth has been perfect, BTC maintains roughly 41% dominance over the crypto world in 2022. This dominance...
Liquidations Soar in Crypto Market while Some Traders Hope for ‘Upcoming Bounce’
18.4.2022
The crypto market saw a broad sell-off led by ethereum (ETH) and other major layer 1 competitors falling between 4% and 7% over the past day. The fall led to a spike in liquidations, with some popular traders now speculating that the market could be getting ready for a reversal higher....
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Bitcoin and Ethereum Keep Trending Lower, Altcoins Increase Losses, DCR Rallies
18.4.2022
Bitcoin price remained in a range below the USD 41,200 resistance zone. BTC is currently (04:27 UTC) moving lower and trading below USD 39,500. If the bears remain in action, the price could drop to USD 39,000. It’s now down almost 3% in a day and 7% in a week....
Read More: Bitcoin and Ethereum...
Opera's Crypto Browser Enters iOS, Worldcoin's Open Source, LUNA Gift + More News
15.4.2022
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: Opera's Crypto Browser Enters iOS, Worldcoin's Open Source, LUNA Gift + More News
Brazilian Parliament Heading for Key Vote on Crypto Regulation Bill
15.4.2022
An ambitious private member’s bill that seeks to regulate the Brazilian crypto market could be approved by the National Congress before the end of the first half of this year – with MPs set for a key vote on Tuesday next week....
Read More: Brazilian Parliament Heading for Key Vote on Crypto...
Crypto Community Welcomes Musk’s Twitter Bid as Obstacles Emerge
15.4.2022
Twitter’s board does not welcome Tesla chief Elon Musk’s bid to buy all the shares of the company and is reportedly preparing a ‘poison pill’ defense strategy that would prevent a hostile takeover....
Read More: Crypto Community Welcomes Musk’s Twitter Bid as Obstacles Emerge
US SEC’s Proposal On 'Exchange' Definition Could Be Unconstitutional - Think Tank
15.4.2022
A recent proposal by the US Securities and Exchange Commission (SEC) aims to amend the definition of 'exchange' and alternative trading systems (ATSs) in American regulation, but it could instead create “an inappropriately broad standard for registration” that would place unconstitutional...
Bitcoin and Ethereum Fail Near Key Resistance, XRP Outperforms
15.4.2022
Bitcoin price started a recovery wave above the USD 41,200 level. However, BTC failed to gain strength for a clear move above the USD 41,500 resistance. It is currently (04:24 UTC) trading above USD 40,200 and is down 3% in a day....
Read More: Bitcoin and Ethereum Fail Near Key Resistance,...
Spanish Crypto Investors ‘Fleeing to Portugal to Escape Taxes,’ Say Lawyers
14.4.2022
Increasing levels of scrutiny from the Spanish taxman are forcing Spaniards to flock to Portugal – or at least declare their legal residence of their Iberian neighbor nation. And it is a phenomenon that could one day turn Spain into what legal experts have called a “crypto desert.”...
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Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening
14.4.2022
The European Central Bank (ECB) said it will stick to its plan to end its stimulus program and tighten monetary policy, but kept options open in light of uncertainty over the economic impact of the war in Ukraine. Bitcoin (BTC) reacted by moving slightly higher on the news before correcting...
Bitcoin, Ethereum Fees Move in Opposite Directions as ETH Becomes Inflationary Again
14.4.2022
Bitcoin (BTC) transaction fees are on the rise for the first time since October as activity on the network has started to pick up. Meanwhile, fees on the Ethereum (ETH) network are moving in the opposite direction, decreasing the burning of ETH tokens as a result, according crypto analytics...
Newly (Re)released Game Allows Players to Simulate Bitcoin Mining and Earn BTC
14.4.2022
The innovative crypto space keeps producing novel ways to merge with different industries and engage more people with cryptoassets, this time crossing the boundaries between gaming, crypto, mining, and earning.
Gaming fintech ZEBEDEE and UK mobile gaming studio Fumb Games have joined forces...
After Mozilla Abandoned PoW Cryptos Citing Energy Concerns, Wikipedia May Follow
14.4.2022
Energy consumption of Proof-of-Work (PoW) cryptoassets has once again become a hot topic as companies start ditching cryptos that use this energy-intensive mechanism for validating transactions and creating new tokens.
Last week, Mozilla, the company behind the Firefox browser, shared an update...
Elon Musk Offers to Buy 100% of Twitter, Calls it ‘Best and Final Offer’
14.4.2022
Tesla CEO Elon Musk has reportedly offered to buy 100% of Twitter at a price of 54.20 per share, after taking a stake of 9.2% earlier this month.
Musk reportedly called the offer his “best and final offer,” the Wall Street Journal reported, quoting the largest shareholder of Twitter as saying...
Bitcoin and Ethereum Inch Higher, LUNA and AVAX Outperform
14.4.2022
Bitcoin price formed a base above the USD 39,500 zone. As a result, BTC started a steady upward move above the USD 40,500 resistance. It is currently (03:39 UTC) showing positive signs above USD 41,300 and might eye a move above the USD 42,000 resistance zone. BTC is up 3% in a day, trimming...
Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto
14.4.2022
The chief architect of Russia’s crypto legislation has suggested that only industrial miners could be allowed to continue operating after the country unveils its long-awaited legislation for the Bitcoin (BTC) & crypto sector in this aggressor state....
Read More: Russia: Only Industrial Players...
Nexo Launches New Mastercard for Users to Spend Without Selling Crypto
13.4.2022
Digital asset business Nexo (NEXO) has launched a new card that allows the company’s customers to spend their funds without selling their digital assets in selected European markets.
Nexo is offering its new product in partnership with payments giant Mastercard and Lithuanian fintech...