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Binance Suspends Bitcoin Ordinals Trading – What’s Going On?
5.4.2024
On April 4, Binance declared that as of April 18, 2024, it will no longer be accepting deposits or transactions of Bitcoin Ordinals. The exchange then gave investors of non-fungible tokens (NFTs) based on Bitcoin the advice to remove their holdings from the NFT marketplace trading platform by...
Best Crypto to Buy Today April 5 – NEAR Protocol, Toncoin, Bitcoin Cash
5.4.2024
As major crypto prices chop within weekly ranges as traders contend with more strong US economic data and fresh hawkish commentary from Fed policymakers which has had the combined effect of pushing markets to downsize bets on Fed rate cuts in 2024, investors looking for fast returns continue...
Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations
5.4.2024
A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations in Paraguay for 180 days or until the industry’s activities are properly regulated. The bill alleges that 28% of the energy losses of the National Power...
ICB Network Enters New Era of Blockchain Technology With Advanced Layer 1 Project
5.4.2024
PRESS RELEASE. Singapore, April 5, 2024 – During this crucial period for the crypto industry, ICB Crypto Services is ready to announce the early launch of the Ideal Cooperation Blockchain (ICB) Network. Designed by the sophisticated ICB Labs, the ICB Network introduces a promising Layer...
Bitcoin Cash Rally Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
5.4.2024
Whale Sends Green Bitcoin’s GBTC Token Up 1.6x On Uniswap Launch
5.4.2024
A new eco-friendly Bitcoin alternative called Green Bitcoin (ticker: GBTC) landed on Uniswap at 1PM UTC today and it posted an instant 1.6x windfall after one whale bought $44k worth of it. GBTC began trading at $1.10 but climbed 63% to reach a high of $1.79 immediately after the launch as...
Paraguay could soon ban Bitcoin mining over power problems
5.4.2024
Bitcoin mining is an industry that seeks to use a lot of power, or electricity, in a region where mining farms operate. This is manageable for some spaces but not every space. Paraguay, for one, has yet to start reporting power problems and is, therefore, considering banning Bitcoin mining via law....
Ex-Terraform Labs CEO Do Kwon’s Extradition Case Reset
5.4.2024
In the latest Montenegro Supreme State Prosecutor’s Office’s announcement, the legal proceedings concerning the extradition of Terraform Labs’ former CEO, Do Kwon, will revert to the first trial court. On April 3, 2024, a confidential meeting and vote resulted in the annulment...
Is It Too Late to Buy Bitcoin Cash? BCH Price Surges as New VR Token Secures $3.9M
5.4.2024
Altcoin fans are delighted after Bitcoin Cash (BCH) hit a three-year high of over $700 today; at the same time an ongoing ICO for a new VR token raised $4 million. The last time BCH traded above $700 was on September 5, 2021, when the price was $711.56, according to data by CoinGecko. Source:...
Is Grayscale running out of Bitcoin in its ETF?
5.4.2024
Outflows have not stopped from Grayscale Bitcoin Trust since it converted the closed-end fund. The conversion was responsive to the approval of Spot Bitcoin ETF applications, dating back to January this year. With constant outflows in the picture, the community is now beginning to seek answers...
BlackRock Adds Goldman Sachs, Citigroup, Citadel as APs for Bitcoin ETF
5.4.2024
BlackRock (BLK) has added five additional authorized participants (APs) to the iShares Bitcoin Trust (IBIT), bringing the total number to nine as the fund continues to attract billions of dollars of inflows from investors
MicroStrategy’s Implied Premium to Bitcoin Settling Into New Norm, BTIG Says
5.4.2024
Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
5.4.2024
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with...
Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana
5.4.2024
Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market...
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
5.4.2024
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said
Shinobi: How Covenants Help Scale Bitcoin
5.4.2024
Bitcoin Magazine’s technical editor says it’s necessary to implement covenants - which allow joint ownership of UTXOs - if Bitcoin is to fulfill its promise of bringing financial self-sovereignty to people globally
Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
5.4.2024
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended to become the fifth-largest stablecoin by market capitalization, now valued at over...
U.S. Added 303K Jobs in March, Outpacing Expectations for 200K
5.4.2024
The ETF-led bitcoin rally has stalled over the past month, at least in part thanks to economic indicators pointing to higher than expected interest rates
Green cryptos: Green Bitcoin debuts on Uniswap – CEX listing incoming soon
5.4.2024
Even though the rest of the market is cooling down after the latest bull run and preparing for the next BTC halving event, there’s one token that’s not resting – Green Bitcoin ($GBTC). Green Bitcoin first started stealing the spotlight with its fast-growing presale that reached a remarkable $9.5M...
Bitcoin Technical Analysis: BTC Sails Through Choppy Waters After Recent Uptick
5.4.2024
Bitcoin’s price oscillation between $66,182 and $69,199 within 24 hours underscores a battlefield where bulls and bears vie for dominance. Bitcoin Bitcoin’s 1-day chart reveals a narrative of volatility, with the asset’s price making significant leaps and bounds. This...