Privacy Coin Monero (XMR) Outperforms Most of the Crypto Market Ahead of Upgrade

The privacy coin Monero (XMR) is leaving most of the crypto market in the dust. XMR, the 34th-ranked crypto asset by market cap, is trading at $272.05 at time of writing, up more than 76% in the past two months. Compared to Bitcoin (BTC), which is up about 7.7% over the same time period, and …

TRON (TRX) Founder Justin Sun Announces Launch of New Stablecoin Backed by Crypto Assets

TRON (TRX) CEO Justin Sun is announcing that a new decentralized stablecoin is launching on the smart contract platform. Sun tells his 3.3 million Twitter subscribers that the TRON decentralized autonomous organization (DAO) has worked in conjunction with other prominent blockchains to launch stablecoin Decentralized USD (USDD). According to an open letter penned by Sun, …

US lawmakers sound alarm to EPA over environment concerns of crypto mining

United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes. In a letter addressed to EPA administrator Michael Regan on Wednesday, Huffman said he and other Democratic House members had “serious concerns” around crypto firms in the …

Tezos co-founder Arthur Breitman discusses the untapped potential of DeFi

Arthur Breitman, the co-founder of layer-1 protocol Tezos (XTZ), spoke with Cointelegraph’s Jackson DuMont at the Paris Blockchain Week Summit (PBWS) last week about what it would take to unlock the true potential of decentralized finance, or DeFi. Breitman delivered a keynote speech following this interview about the company’s strategy. Related: Paris Blockchain Week, April 14: …

Bahamian government hopes to allow residents to pay taxes with digital assets in 2022

Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or CBDC, to pay for taxes. In a white paper on the future of digital assets released on Wednesday, the Bahamas’ Office of the Prime Minister said the government will begin to “enable …

Major exchange listings spark a 40% rally in Steem, TrustSwap and 0x

Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains seen in select assets …

NFT Marketplace “Looks Rare” Fights Back NFT Giant “Opensea” By  Rewarding in $Looks for Listing in Their Marketplace

Looks Rare to introduce a rewards program that rewards users for listing their NFTs. This is an effort to incentivize liquidity on their NFT marketplace Looks Rare token $LOOKS may be showing signs of revival after rumors that it will be listed on Binance. It has not been a secret that Looks Rare, the NFT …

Dogecoin Goes to Church as First Miami Presbyterian Now Accepts DOGE Donations

Summary: Florida’s First Miami Presbyterian Church is now accepting Dogecoin for donations The church started accepting Dogecoin on Easter Monday Elon Musk’s bid for Twitter has brought attention to DOGE as he had suggested it can be used as a payment option on the social media platform to access a potential subscription service Adoption of …

Crypto Analyst Says Altcoins In for a ‘Strong Leg Up,’ Predicts Bitcoin (BTC) Will Surge by Over 30%

A popular crypto strategist is expressing bullish sentiment on altcoins and the flagship cryptocurrency, Bitcoin (BTC). Pseudonymous crypto trader Altcoin Sherpa tells his 173,500 Twitter followers that altcoins are favored to surge if Bitcoin rallies by over 30% to $55,000. “I strongly think that altcoins have a strong leg up if Bitcoin goes to $55,000 …

Cricket NFT startup Rario raises $120M in Series A funding

On Thursday, cricket nonfungible token (NFT) platform Rario announced that it secured $120 million in Series A funding in a round led by Dream Capital, the venture subsidiary of Dream Sports. As told by Rario, it currently has the largest share of cricket NFT rights via partnerships with six international cricket leagues and a roster …

Upcoming airdrop and boosted staking rewards send Origin Protocol (OGN) price higher

Stablecoin minting and nonfungible tokens (NFTs) have been the latest trending topics in the cryptocurrency market and protocols like Terra (LUNA) have led the discussion on why stablecoins should be backed by assets like Bitcoin (BTC) and Avalanche (AVAX).  One project that appears to be following Terra’s lead is Origin Protocol (OGN), a platform focused …

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion. According to Turkish tech media outlet Webrazzi, which cited a Thursday report from Mergermarket, the two exchanges negotiated a price based on the market behavior of the Turkish lira and Bitcoin (BTC), arriving at roughly $3.2 billion. One or both …

Bitcoin Price Prediction for Today April 20: BTC Climbs Above $42,000; Time to Resume Higher?

The Bitcoin price prediction is showing positive signs, and it is likely to accelerate further higher in the near term. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $46,000, $48,000, $50,000 Support Levels: $38,500, $36,500, $34,500 BTCUSD – Daily Chart Buy Bitcoin Now According to the daily chart, BTC/USD breaches $42,693 as all-time …

Australian Financial Watchdog Unveils Crypto Regulatory Approach With 2025 Timeline

Australian authorities outline regulations roadmap for cryptocurrencies and digital asset companies The approach focuses on mitigating the use of cryptos in illicit activities like fraud and money laundering Further policy consultation has been approved as well and could introduce new financial laws The development comes and crypto popularity and adoption have reportedly grown significantly in …

Coinbase launches NFT marketplace with personalization feature

Coinbase said on April 20 that it has launched beta access for its new NFT marketplace. The new NFT marketplace will work similarly to social media platforms like Instagram and Tik-Tok. Users will be able to showcase their personal information on their profiles, follow other accounts and like, dislike or comment on NFTs. The platform …

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