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Price analysis 4/23: BTC, ETH, BNB, XRP, DOGE, ADA, DOT, UNI, LTC, BCH
23.4.2021
Bitcoin price continues to come under pressure from sellers while Ether and BNB are attempting to buck the trend
Bitcoin facilitates a global economy, says Tim Draper
23.4.2021
“People are already realizing that they would rather have Bitcoin than fiat currency,” said Draper
Gemini users can now buy Bitcoin with Apple Pay and Google Pay
23.4.2021
Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases
‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’
23.4.2021
The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises...
Bitcoin is not an inflation hedge, Bitcoin skeptic claims
23.4.2021
Nassim Taleb persists in his belief that Bitcoin is not a good hedge against inflation
Paxos National Trust Gets OCC Blessing, Charles Schwab Eyes Crypto + More News
23.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Banking news
The US Office of the Comptroller of the Currency (OCC) today announced preliminary conditional approval of the application to charter...
5 reasons Bitcoin and Ethereum plummeted 15% in a single day
23.4.2021
Bitcoin and Ethereum fell 15% and 20%, respectively, in one day, but why so much and so quickly?
Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service
23.4.2021
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Keep Calm, Bulls Are Here, Say Analysts, As USD 19B Liquidated In One Week
23.4.2021
Options expiring, US tax speculations, China blackout, and the combination of these are blamed for the crypto market turning bloody today, to say the least - yet numerous insiders see this as just a necessary correction and expect that the bull market will continue, with bitcoin (BTC) possibly...
Turkish Police Make 62 Arrests in Thodex Case Amid Criminal Complaints
23.4.2021
Source: AdobeStock / Savvapanf Photo©
Turkey’s police have arrested 62 persons as part of an investigation into the local crypto exchange Thodex, following thousands of criminal complaints filed by Turkish citizens who claimed they were scammed by the platform.
Prosecutors have issued arrest...
Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34
23.4.2021
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021....
Bitcoin, Ethereum, and Altcoins Attempt To Recover
23.4.2021
Bitcoin price extended its decline below USD 50,000 and USD 48,500. BTC even tested the USD 47,500 level before starting an upside correction. It is currently (12:00 PM UTC) consolidating above USD 50,000 and it could move higher.
Similarly, most major altcoins are also recovering. ETH is back...
Analyst enters $32.5K Bitcoin buy order as hodlers bet on $46K BTC price bottom
23.4.2021
Peter Brandt is bracing for bigger price drops as technical indicators suggest bulls will yet be spared an apocalyptic crash
Seoul government seizes $22M worth of crypto from tax evaders
23.4.2021
The City of Seoul becomes the first city in South Korea to confiscate cryptocurrencies owned by tax delinquents
Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency
23.4.2021
Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use...
Bitcoin Loses its Steam, Settled Below $50k
23.4.2021
After showing a record momentum, the downward spiral in Bitcoin prices has begun, with the largest cryptocurrency by market capitalization falling below the $50,000 mark. In the last 24 hours, the prices of Bitcoin have fallen by around $4300, and with this, the cryptocurrency registered a loss...
Take My Fiat but Don’t Sell My Crypto, Plead Millionaires after Tax Bust
23.4.2021
Seoul has become the latest South Korean city to launch an assault on crypto tax evaders, seizing cryptoassets from 1,566 individuals and 676 companies in the highest tax band – leaving scores of high-earning crypto buyers begging the city not to sell their tokens as they fear missing out on bigger...
Bitcoin price 'relief' move to $47K pushes BTC below stock-to-flow trajectory
23.4.2021
The creator of the stock-to-flow models, PlanB, says that Bitcoin is still acting "like clockwork" with regard to the their predictions
National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar
23.4.2021
The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120...