Profit taking and Bitcoin consolidation give bears an opportunity to take control

The total crypto market capitalization reached its highest close in three months on April 3 at $2.23 trillion, but the performance between March 28 and April 4 was a mere 1.9% gain. During this time, Bitcoin (BTC) presented a 2.6% negative performance, although that was more than offset by the gains from altcoins. Total crypto …

Bitcoin (BTC) and Crypto Setting Up for a Perfect Storm, According to Macro Guru Raoul Pal – Here’s Why

Macro guru and former Goldman Sachs executive Raoul Pal says the stage is being set for the next wave of crypto adoption.   In a new interview, the Real Vision CEO unveils three massive catalysts that he believes will accelerate the growth of Bitcoin and the rest of the crypto markets.  “For sovereign states, particularly sovereign …

Bitcoin About To Break All-Time Highs Quicker Than Traders Think, Says Analyst Nicholas Merten – Here’s Why

Crypto analyst and DataDash host Nicholas Merten says Bitcoin (BTC) will hit new all-time highs sooner than most traders think. In a new DataDash YouTube update, Merten tells his 514,000 subscribers that BTC will retest $65,000 much faster than most anticipate, with underlying fundamental developments fueling the move. “It’s going to happen much much quicker …

Institutions Pour Capital Into Ethereum, Solana, and Additional ETH Competitor As Sentiment Recovers: CoinShares

A leading digital assets manager says institutional investors have regained an appetite for altcoins after market sentiment had a rocky start in 2022. According to the latest CoinShares Digital Asset Fund Flows Weekly Report, crypto investment products saw $180 million in inflows last week, with the vast majority of the inflows deriving from Europe. “Digital asset …

SEC chair: retail crypto investors should be protected

Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market. In prepared remarks released Monday for the Penn Law Capital Markets Association Annual Conference, Gensler said he had requested SEC staff to explore getting crypto …

5 Top Cryptos to Buy This Week – Aprill 2022 Week 1

Cryptocurrencies are a reliable long-term means of storing value. With their limited supply, their value can’t be diluted through inflation. Are you looking for the top crypto to buy? This article explores some of the most promising coins on the market so that investors can choose the best coins for their portfolios. 1. Lucky Block …

Senator Lummis says Bitcoin is a commodity and will become a currency soon

The U.S. Senator from Wyoming, Cynthia Lummis, recently championed Bitcoin as a future currency in an interview. The interview started with the question, “Is Bitcoin a currency or commodity?” Senator Lummis quickly and confidently responded: “I own [Bitcoin], a commodity. I believe it will be currency someday, but at this point of its existence, it’s …

Is Apple about to send Bitcoin to the moon? A rundown of the rumor

Rumors of Apple utilizing Bitcoin in some capacity are running red hot. Fanning the hearsay, YouTuber Crypto Rover summed up sentiment by saying the knock-on effects will see Bitcoin moon. Apple will send #Bitcoin to the moon! — Crypto Rover (@rovercrc) April 3, 2022 There have been numerous reports of an Apple-crypto tie-up in the …

Crypto miners strike gold in Oklahoma as state introduces new tax incentives

Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the U.S. Called the “Commercial Digital Asset Mining Act of 2022,” the proposed bill would see the state provide various incentives to businesses in “innovative technological industries” that set up shop in Oklahoma. Cheaper …

Australia continues regulation drive with new policy targeting crypto and financial influencers

The Australian Securities and Investments Commission (ASIC) has issued new warnings to financial influencers.  This was contained in its Information Sheet, highlighting what influencers and companies hiring them should be aware of. While there’s no specific mention of cryptocurrency, these rules will most likely apply to the crypto industry. ASIC issues warning to financial influencers …

Close to 250 Casascius Physical Bitcoins Were Redeemed in 6 Months, $1.9B in BTC Remain Active

Since September 18, 2021, close to 250 Casascius physical bitcoins were redeemed over the last 198 days. On that day six months ago, there were 19,920 Casascius physical bitcoins left active and today, there are approximately 19,676 left to peel. 19,676 Casascius Physical Bitcoins Left to Peel During the last six months, approximately 244 Casascius …

Bitcoin Cold Case: The Tale of the Dormant Wallet With Close to 80,000 BTC From Mt Gox

For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and the funds have never been spent …

Northern Data’s Bitcoin Mining Fleet Adds 21,000 ASIC Rigs, Firm Holds $168M in Crypto Assets

On April 4, the bitcoin mining operation Northern Data published its financial statements and noted that the company’s mining fleet had grown by approximately 21,000 machines by the end of March 2022. The newly added machines increased the company’s hashrate from 2 exahash per second in February to 3.95 EH/s by the end of March. …

Top 10 Trending Cryptocurrency to Buy Now

Several investors use cryptocurrencies to handle payments and perform transactions. They also invest in cryptocurrencies to ensure a long-term and reliable storage of value. There are thousands of crypto assets available for purchase in the market. However,  this article highlights the 10 top trending cryptocurrency to buy now. 1. Lucky Block (LBlock) Lucky Block, which …

Next Cryptocurrency to Explode – April 2022 Week 1

The crypto market has been trading sideways to establish new resistance and support prices in the last few days. As a result, investors are utilising the current influx of the market to scout for the next crypto to explode in 2022. This article explores the cryptocurrencies with the highest potential to secure high yields for …

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