BTC Price Ranges Between $45.4K and $47.2K as Bitcoin Risks Decline to $42K – April 2, 2022 Since March 28, BTC/USD has failed to break the $48,000 resistance level as Bitcoin risks decline to $42K. Buyers pushed the cryptocurrency to the high of $48,192 but were repelled. The cryptocurrency has declined to $45,190 low and …
Monthly archives: April 2022
Metaverse May Be Worth $13 Trillion By 2030, US Banking Giant Citi Says
Citi is the latest banking behemoth to give an optimistic forecast for the metaverse, which envisions the internet’s future as a collection of decentralized technology and virtual environments. According to the New York-headquartered global investment bank, the metaverse economy may be worth up to $13 trillion by 2030. While some remain suspicious of the metaverse, …
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Light Speed: Kraken, Another Giant Exchange Integrates The Lightning Network
This is huge! Kraken now supports Lightning Network deposits and withdrawals. The suddenly popular second Layer protocol keeps growing and gaining importance. “Finally, traders have an instant and inexpensive way to move bitcoin on and off the platform,” Kraken said in their official announcement. The Lightning Network is much more than that, though. What will …
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CLIFF Uses Deflationary Mechanism to Boost Token Price Regularly
Dogecoin started as a joke but ended up attracting billions of US dollars and the interest of Elon Musk himself. The cryptocurrency with the Shiba Inu dog as its logo has become an inspiration for many other crypto projects. The most recent example is Cliff, although it hasn’t been designed as a purposeful parody. On …
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Billionaire Mike Novogratz Says Bitcoin May Significantly Outperform His Earlier Targets for 2022
Galaxy Digital CEO Mike Novogratz is adjusting his Bitcoin (BTC) outlook as new players continue to enter the world of blockchain technology. In Galaxy Digital’s Q4 earnings call, the billionaire says that in light of continued industry innovation plus increased interest from the general investing public, he expects Bitcoin to exceed his previous 2022 price …
Is Bitcoin a hedge against inflation?
Putting money in store of value investments like gold, real estate, stocks and crypto helps curb inflation. As cash loses purchasing power over time, keeping cash leads to people losing their savings. This has prompted people to put their money in store of value investments such as gold, real estate, stocks and, now, crypto. Will …
Bitcoin Price Prediction: BTC/USD Retreats After Trading Above $47,000
Bitcoin Price Prediction – April 2 The Bitcoin price prediction shows that BTC rises in the early hours of today, but got rejected as the market ranges. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $51,000, $53,000, $55,000 Support Levels: $42,000, $40,000, $38,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD may begin …
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Will Indonesia’s decision to tax crypto stifle local adoption?
Indonesia is the latest Asian country to announce intentions to impose a tax scheme on all crypto transactions and income tax on capital gains from such investments, Reuters reported, Indonesia has chosen to place a 0.1% VAT — deducted at the source — on every cryptocurrency transaction. The new regime will come into effect starting …
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Binance adds the GRAMMYS feather to its cap of partnerships
Binance announced on April 1 that it has signed a partnership agreement with the Recording Academy to become the first cryptocurrency exchange partner of the 64th GRAMMY Awards. The award ceremony is slated for April 3rd. Binance will also act as a partner for GRAMMY® Week events, including the inaugural Recording Academy Honors celebration, according to …
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Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots
Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices of the plots, which depend on their location, …
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Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter
During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year machines are still being installed in great numbers and since December 30, there have been 2,759 machines added to the list of 36,659 crypto ATMs …
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With Over 90% of BTC’s Supply Issued, Bitcoin’s Mining Difficulty Reaches a Lifetime High
Bitcoin’s mining difficulty increased this week on March 31, 2022, at block height 729,792 for the first time since February 17. The network’s difficulty jumped 4.31% higher bringing the metric to a lifetime high at 28.59 trillion. Since the increase, the network’s hashrate has been a bit more volatile dropping from 217 exahash per second …
Here’s How Bitcoin (BTC) Could Explode by Over 10,000%, According to Global Investment Giant VanEck
A global investment manager is predicting Bitcoin (BTC) could surge by over 100 times as hard currencies become less attractive reserve assets. In a new blog post, VanEck emerging markets fixed income strategy chief economist Natalia Gurushina and head of active emerging markets debt Eric Fine say the upside for Bitcoin is “potentially dramatic” were it …
April Fool’s Day Joke? Ethereum (ETH) Creator Vitalik Buterin Defends Bitcoin (BTC) Maximalism in New Blog Post
Ethereum (ETH) co-founder Vitalik Buterin is passionately defending Bitcoin (BTC) maximalism – which may or may not be an April Fools’ Day joke. In a new blog post, Buterin argues that storage of wealth and payments have been by far the most successful applications of the blockchain, despite the droves of other use-cases laid out …
Axie Infinity hacked for $612M, OpenSea expands support to Solana, EU’s unhosted wallet regulations cause a stir: Hodler’s Digest, March 27-April 2
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto industry fires back after EU vote to block ‘unhosted’ …