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Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH
28.4.2021
After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins
Uranium Finance developer suspected of ‘leaking’ information leading to $50M exploit
28.4.2021
A member of Uranium Finance’s developer team said they suspect that the recent hack of the platform may have originated internally. They’ve urged affected users not to contact any other members of the Uranium Finance team
Tim Draper-backed crypto derivatives exchange raises $18M
28.4.2021
Globe Derivative Exchange prepares to launch its platform next month by raising $18 million for a token sale
SBI doubled crypto business profits in past fiscal year
28.4.2021
SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year
Former gov't official blames crypto mining for energy crisis in Kyrgyzstan
28.4.2021
As the Kyrgyz government discusses raising electricity tariffs again, a former official says that crypto mining is a significant driver of the ongoing energy crisis
South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments
28.4.2021
As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of...
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...
Bitcoin dominance drop and resistance at $55K stoke altseason hopes
27.4.2021
Ethereum's new all-time high, a drop in Bitcoin’s dominance rate and overhead resistance at $55,000 have analysts predicting that an altcoin season is at hand
MetaMask cites 'global south' for their 5x increase in users
27.4.2021
The wallet service and browser extension has seen its active monthly users grow five times since October 2020
Mark Cuban tried to convince Ellen DeGeneres to accept Dogecoin
27.4.2021
"I’m interested in Dogecoin, and I really want to know more about this," DeGeneres said to her more than one million viewers
Ethereum price all-time high follows reduced gas costs and DeFi revival
27.4.2021
Analysts expect Ethereum price to rally to new all-time highs after the Berlin upgrade results in a drip in gas fees and a surge in DeFi activity
Turkey may establish central custodian bank following alleged fraud at two major exchanges
27.4.2021
Vebitcoin CEO Ilker Bas is reportedly in police custody, with Thodex owner Faruk Fatih Özer suspected to have fled to Albania
Mastercard Launching Crypto Rewards Credit Card With Real-Time Bitcoin Rewards
27.4.2021
Mastercard is launching a new cryptocurrency rewards credit card featuring real-time rewards in partnership with crypto exchange Gemini. Cardholders will earn up to 3% back in real-time in bitcoin or a number of supported cryptocurrencies. Payments giant Mastercard is launching a new crypto rewards...
Elon Musk Confirms He Owns Bitcoin, Has Not Sold Any — Tesla Intends to Hold BTC Long Term, Sold Some to Prove Liquidity
27.4.2021
Tesla CEO Elon Musk has confirmed that he owns bitcoin and has not sold any of his holdings. His company Tesla, however, has sold some of its bitcoins, which Musk says it’s “essentially to prove liquidity of bitcoin.” Tesla’s Master of Coin says the company believes in...
Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins
27.4.2021
Part-collateralized, part-algorithmically stabilized stablecoin, FRAX is the world’s first fractional-algorithmic stablecoin. The Frax protocol is ideologically pure, extremely stable, and highly scalable on-chain money that consists of a two-token system. The stablecoin Frax (FRAX), and...
What’s holding crypto social networks back from greatness?
27.4.2021
The crypto sector has an irresistible opportunity to be at the forefront of the next big social network — but there are a few issues that need to be ironed out first
Iran's central bank says officially mined crypto can be used to pay for imports
27.4.2021
A developing strategy to mitigate the crippling effect of economic sanctions could see cryptocurrencies being used by Iranian firms to pay for imports such as raw materials and electronics
Indonesian regulators consider tax on cryptocurrency transactions
27.4.2021
Officials are considering a tax on all cryptocurrency transactions in Indonesia
Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 Years
27.4.2021
A new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News...
Crypto tax in South Korea is ‘inevitable’ in 2022, says minister
27.4.2021
South Korea’s finance minister said that cryptocurrencies like Bitcoin will be taxed as “intangible assets.”