Bitcoin (BTC) bulls kept up the pressure on April 20 as the Wall Street open saw a return to $42,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $42,000 proves troublesome Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $42,220 on Bitstamp, its highest since April 11. After adding as much as 9.3% versus local …
Monthly archives: April 2022
In Georgia, crypto is a crucial tool for refugees escaping the war
I arrived in Tbilisi, Georgia, near Russia’s southern border, in late February — just a few days after Russian forces invaded Ukraine. I had been reporting on crypto and blockchain from St. Petersburg, but after the war started, staying there had become untenable. During my first week in the city, I searched for an apartment …
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Ukrainian crypto and blockchain firms survive despite ongoing conflict
Many Ukraine-based businesses have had to shutter or suspend operations following the outbreak of the conflict with Russia on Feb. 24, but some in the cryptocurrency space have been able to keep running, albeit with many staff in bomb shelters, scattered across the world and facing an uncertain future. Speaking to Cointelegraph, Arsenii Hurtavtsov, a …
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Coinbase announces beta of NFT marketplace with social engagement
Crypto exchange Coinbase’s nonfungible token (NFT) marketplace has moved into beta more than six months after the company announced it planned to open a waitlist for the site. According to a Wednesday blog post, the crypto exchange said beta testers for Coinbase NFT would be able to create online profiles as well as buy and …
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Binance.US Receives Money Transmitter License in Puerto Rico
Binance.US has received a Money Transmitter License in Puerto Rico. This is the fourth jurisdiction where it has this license, the others being West Virginia, Connecticut, and Wyoming. Binance.US recently also raised $200 million in a seed funding round, putting its valuation at $200 billion. Binance.US announced on April 20 that it had received a …
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DeFi OG Protocol MakerDAO Announces April 28 StarkNet Integration For Cheaper DAI Transactions
Ethereum-based DeFi solution MakerDAO will reduce transaction costs by onboarding a layer 2 sidechain The protocol is known as StarkNet and integration will happen in four phases. April 28 has been scheduled for phase one deployment The update will also optimize transaction speeds for MakerDAO’s stablecoin – DAI It’s another step in the project’s multichain …
FTX Founder Sam Bankman Fried Wants To Fix “Broken” Social Media Models Via Blockchain Technology
Sam Bankman Fried has new ideas that can help fix “broken” social media models. The FTX founder believes blockchain technology can be extremely beneficial in improving interoperability between multiple platforms. In a candid interview with Bloomberg, Sam Bankman-Fried revealed his intention to fix broken social media models to improve their interoperability and internal infrastructure. The …
Bitcoin so far: Highlights of Bitcoin 2022 event
As the world prepares to consume the last 2.1 million bitcoin, an event on Bitcoin so far has been held in Miami from 6th April to 9th April 2022. Bitcoin 2022 was the largest Bitcoin event in history, focusing on the open-source technology’s technological achievements, financial emancipation, and countercultural influence. Let us take a look …
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CeDeFi Vs DeFi – Key Differences
The shifting dynamics of the financial ecosystem are the most serious challenge for most people worldwide. At its launch, DeFi (Decentralized Finance) seemed to offer a lot of promise for better openness in the global financial landscape. On the other side, the deployment of centralized-DeFi could lead to new financial benchmarks. As a result, the …
ApeCoin: APE price climbs 55% in three days as a ‘BAYC land drop’ rumor goes viral
ApeCoin (APE) price has exploded higher on anticipations that it would become a de-facto payment token in an upcoming metaverse land sale. APE price swelled nearly 28% in one day to reach over $17 per token on April 20. The rally came as a part of a rebound from three-day lows under $11, resulting in …
3.6M Americans to use crypto to make a purchase in 2022, research firm predicts
Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70 percent in 2022. The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm. A report published by Insider Intelligence shows that crypto’s value as a …
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Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K
Bitcoin (BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Bitcoin is a buy at $41,500 Data from Cointelegraph Markets Pro and TradingView confirmed a daily close at $41,500 on Bitstamp for Tuesday. A strong performance, the sustained …
Bitcoin Cash Price Prediction for Today, April 20: BCH May go Down Soon
BCH May go Down Soon – April 20Bitcoin Cash may go down soon, as it trades against the valuation of the US Dollar. There have been less-active motions as price features between the high and the low points of $340 and $334. And the percentage rate of trading is at 1.17 negative. BCH May go …
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5 innovative Bitcoin privacy wallets in 2022
Bitcoin wallets are necessary tools for purchasing, trading, and selling Bitcoin and other cryptocurrencies. Traders depend on them to securely store cryptocurrency as well as to preserve and verify transaction data. Bitcoin is often seen as an anonymous payment network. However, Bitcoin is most likely the world’s most transparent payment network. At the same time, …
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The Satoshi Nakamoto Bitcoin fairy tale remains a stumbling block for many
The founder of the In Bitcoin We Trust website, Sylvain Saurel, posted an intriguing article about people’s fear of the leading cryptocurrency. Saurel makes cogent points around the theme of freedom. But at the same time, he overlooks perhaps the biggest deal-breaker – the unknown identity of Satoshi Nakamoto. While some say this mystery is …
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