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Bitcoin Lags Behind Ethereum & Altcoins Despite Strike, Robinhood, and Legal Tender News
8.4.2022
The bitcoin (BTC) price lagged behind ethereum (ETH) and other major altcoins today, despite a series of bullish news announcements coming from the Bitcoin 2022 conference in Miami, USA.
At 09:50 UTC on Friday, BTC stood at USD 43,644, up just 0.6% for the past 24 hours and down 4% for the past...
President Albuquerque Is Promoting Madeira on Bitcoin 2022
8.4.2022
Madeira, a Portuguese autonomous region, has stated that it may accept bitcoin as legal tender. The location, which is well-known for its namesake wine and warm, subtropical climate, may be remembered in the name of Bitcoin. The area’s 2.54 lakh residents will now be able to reap the full...
Surging Consumer Interest in Crypto is Accelerating eCommerce Adoption - Survey
8.4.2022
The global adoption of cryptoassets for eCommerce is gaining speed -- as 40% of 18-35-year-olds plan to pay for goods and/or services with crypto in 2022, according to a recent report released by global payments provider Checkout.com.
This figure is up from less than 30% recorded last year. ...
Crypto-Powered Ukrainian Charity Launches Debit Card for War Victims
8.4.2022
The crypto community-backed charitable venture that earlier received a USD 2.5m fund boost from the Ethereum (ETH) co-founder Vitalik Buterin has announced it has launched a charity crypto debit card that will allow Ukrainian users to access funds and humanitarian aid....
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Bitcoin and Ethereum Try to Recover, ETC and NEAR Rally
8.4.2022
Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level.
Besides, most major altcoins are attempting a recovery wave. ETH must clear the USD 3,300...
Russian Trade Ministry Wants Bitcoin Miners to Use Domestic Hardware
8.4.2022
The Russian Ministry of Industry and Trade has stated that it wants to create a legal system that would oblige Bitcoin (BTC) and crypto miners operating in the country to prioritize domestically produced mining hardware and apps – and buy from Russian providers when possible....
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A Small Survey Shows that US Crypto Investors Have Big Problems with Taxes
7.4.2022
Amid the looming April 18 tax filing deadline in the US, as much as 96% of surveyed crypto investors had not filed their tax returns as of March 27, and 74% want more information on how to file taxes from their crypto exchanges, according to a small survey commissioned by crypto portfolio...
'Bitcoin Is Being Embraced' by the Government & Regulatory Future Is ‘Bright’ - MicroStrategy's Saylor
7.4.2022
Bitcoin (BTC) is “being embraced” by the US Government, and the regulatory future for the asset is bright, MicroStrategy CEO Michael Saylor said during a discussion at the Bitcoin 2022 conference on Thursday....
Read More: 'Bitcoin Is Being Embraced' by the Government & Regulatory Future...
Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News
7.4.2022
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: Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News
Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican Senator Sends Bullish Sign Too
7.4.2022
The island of Roatán in Honduras and Portugal’s Madeira region are both set to “adopt bitcoin,” while a Mexican senator hinted that new talks about making bitcoin legal tender in this country about to begin....
Read More: Honduras’ Roatán Island, Portugal’s Madeira to ‘Adopt Bitcoin’, Mexican...
Cash App Launches ‘Paid in Bitcoin’ Function, Adds Lightning Transfers
7.4.2022
Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network.
Speaking at the Bitcoin 2022 conference in Miami on Thursday, Miles Suter...
Positive News for Two Biggest Cryptos: Hope Sparked for Spot BTC ETFs; Goldman Sachs' ETH-Based Options Contracts
7.4.2022
There's some positive news for the two biggest cryptoassets in the world. The approval of a new bitcoin (BTC) futures-backed exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC) has again sparked hope that a spot-based bitcoin ETF could come next. Meanwhile, investment...
Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms
7.4.2022
As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms....
Read More: Coinbase Launches...
Bitcoin and Ethereum Gain Bearish Momentum, Altcoins in Red
7.4.2022
Bitcoin price remained in a bearish zone and declined below the USD 43,500 support. It is currently (04:07 UTC) down over 4% and is trading near USD 43,300.
Besides, most major altcoins are gaining bearish momentum. ETH is down almost 5% and there was a move below the USD 3,200 support....
Investors Show Rising Interest in Crypto, but Financial Illiteracy Hampers Investments - Surveys
7.4.2022
A series of recent polls are indicating a surge in interest in cryptoassets by US investors from across the generational and ethnic spectrum, but obstacles such as financial literacy gaps and inaction in dealings with financial advisors continue to hamper an accelerated crypto adoption...
Crypto ETPs & ETFs to Surpass USD 120B Under Management in Six Years – Analysts
6.4.2022
The assets under management (AUM) in crypto-backed exchange-traded products (ETPs) and exchange-traded funds (ETFs) are likely to surpass USD 120bn by the year 2028, fueled by institutional demand and possible US policy changes, according to analysts at Bloomberg Intelligence.
This figure...
Once the Fed Pauses, Bitcoin is ‘Going to the Moon,’ Novogratz Says
6.4.2022
Bitcoin (BTC) is “trading really well” considering the recent interest rate hikes in the US, and once the Federal Reserve (Fed) puts its tightening on pause, bitcoin is “going to the moon,” Galaxy Digital CEO Mike Novogratz said....
Read More: Once the Fed Pauses, Bitcoin is ‘Going to the Moon,’...
Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News
6.4.2022
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: Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News
As More Russians Support Massacre in Ukraine, Here's How Some Big Crypto Companies Respond
6.4.2022
Many crypto companies are taking steps to support Ukrainian users on their platforms, but few are willing to go beyond official sanctions and ban users from Russia altogether despite shocking massacres in Ukraine and the fact that more Russians are supporting this war.
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US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble
6.4.2022
The United States has hit the crypto exchange Garantex with sanctions, claiming that it has “willfully disregarded” anti-money laundering and countering the financing of terrorism (AML, CFT) obligations and “allowed” its “systems to be abused by illicit actors.” A joint Washington-Berlin effort...