Cryptocurrency news

• Texas Man Sentenced in Cryptocurrency Money Laundering Conspiracy - Department of Justice

  06-04-2022 23:58 via justice.gov
  Texas Man Sentenced in Cryptocurrency Money Laundering Conspiracy  Department of Justice
  
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• Meta may introduce tokens and digital currency lending services to apps: Report

  06-04-2022 23:24 via cointelegraph.com
  
  The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse.
  
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• Yellen says crypto hasn't been used for significant Russian sanctions evasion so far

  06-04-2022 23:15 via cointelegraph.com
  
  The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing Wednesday.
  
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• Yellen alleges crypto has not been used for significant Russian sanctions evasion so far

  06-04-2022 23:15 via cointelegraph.com
  
  The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing Wednesday.
  
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• Ethereum traders eye the 61.8% Fib level if ETH fails to hold the $3.2K support

  06-04-2022 22:35 via cointelegraph.com
  
  ETH sold-off alongside the rest of the crypto market, leading analysts to warn of a drop to $2,900 if the current support at $3,200 fails.
  
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• UST staking goes live on Binance as Anchor reserves fall

  06-04-2022 22:00 via cointelegraph.com
  
  Yields from Terra's flagship savings protocol will be available to more than 30 million users on Binance.
  
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• Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

  06-04-2022 21:20 via cointelegraph.com
  
  BTC and select altcoins dropped far below their strong support levels, a clear sign that the recent bullish momentum has weakened.
  
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• President Biden is preparing to announce picks for SEC commissioners: Report

  06-04-2022 21:15 via cointelegraph.com
  
  Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June.
  
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• Bitcoin Trading Volume Continues To Remain At Low Levels

  06-04-2022 21:00 via newsbtc.com
  
  Data shows the Bitcoin trading volume has continued to remain at low levels this week, weakening the latest rally in the crypto’s price.
  Bitcoin Spot Trading Volume Has Recently Stabilized At Low Values
  As per the latest weekly report from Arcane Research, the BTC spot volume has continued to stabilize at relatively low values this week.
  The “daily trading volume” is an on-chain indicator that measures the total amount of Bitcoin being transacted on the network on any given day
  
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• Terra’s Do Kwon Buys $230 Million of Bitcoin

  06-04-2022 20:55 via coinjournal.net
  
  Do Kwon targets $10 billion BTC to back TerraUSD (UST).
  Terraform Labs founder and CEO Do Kwon added Bitcoin worth $230 million to Luna Foundation Guard’s wallet, buying 5,040 BTC on Wednesday as prices dipped again.
  Wednesday saw Bitcoin’s price below $45,000 amid negative market sentiment, providing a “buy-the-dip” opportunity for the Terra CEO. It was an opportunity that had earlier seen MicroStrategy also buy Bitcoin worth $190 million.
  Kwon shared the news on Twitter
  
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• ESPN and Tom Brady's Autograph ink multi-year NFT deal

  06-04-2022 20:20 via cointelegraph.com
  
  ESPN’s first NFT collection is based on its "Man in the Arena: Tom Brady" documentary and magazine issue.
  
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• The Last Time This Bitcoin Indicator Turned Bullish It Saw a 65% Hike, Will It Happen Again?

  06-04-2022 20:00 via newsbtc.com
  
  Bitcoin was rejected as it approached the high area around its current levels. The first crypto by market cap could return to previous lows as it continues to trade in a tight range.
  Related Reading | Bitcoin Retail Reaches Second-Highest Buying Rate In History. Good Or Bad?
  The start of the Bitcoin Miami Conference 2022 could provide the bulls with some support. The event is usually filled with positive announcements with a direct impact on BTC’s price.
  However, the macro-factors preventi
  
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• MasterCard To Incubate NFT-Focused Startup bitsCrunch Via Its “Start Path” Startup Engagement Program

  06-04-2022 19:58 via newsbtc.com
  
  bitsCrunch, the India and Germany-based blockchain analytics company that leverages artificial intelligence (AI) and machine learning (ML) to secure and safeguard the NFT ecosystem, unveiled that it has been selected to join global payment services provider MasterCard’s startup engagement program called the MasterCard Start Path.
  Designed to help later-stage startups scale, the Start Path program offers an extended product suite that helps startups reach a global consumer base. With Master
  
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• Sweden’s central bank completes second phase of e-krona testing

  06-04-2022 19:30 via cointelegraph.com
  
  The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank.
  
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• Bitcoin price drops to $43.5K, but data and BTC’s market structure project strength

  06-04-2022 19:19 via cointelegraph.com
  
  BTC price took a sharp tumble below a key support level, but data shows April 6’s dip could be another buying opportunity for bulls.
  
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• The Bitcoin Resistance Level That Just Won’t Budge

  06-04-2022 19:00 via newsbtc.com
  
  Bitcoin has hit a roadblock in its recent upward trajectory. After the digital asset had successfully broken above $47,000, it had been subsequently beaten down by the bears. This was a result of an important resistance point that proved impossible for bitcoin to beat at the time. It continues to struggle with this point even now and has declined into the $44,000 territory. This point remains the level to beat for the cryptocurrency to once more register a bullish trend.
  Bitcoin Fails To Break R
  
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• ProShares files with SEC for Short Bitcoin Strategy ETF

  06-04-2022 18:45 via cointelegraph.com
  
  The exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day.
  
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• Will Smith's Oscars slap became a cryptocurrency - The Washington Post

  06-04-2022 17:40 via washingtonpost.com
  Will Smith's Oscars slap became a cryptocurrency  The Washington Post
  
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• Axie Infinity creator secures $150 million in a funding round led by Binance

  06-04-2022 17:38 via coinjournal.net
  
  The funds will be used to refund Axie Infinity users who lost their assets after a hacker exploited Sky Mavis’ Ronin validator nodes and Axie DAO in March.
  Sky Mavis, the developer firm behind the Axie Infinity game, has announced a $150 million funding round led by leading crypto exchange Binance.
  The funding round also attracted other major investors from across the crypto space, including venture capitals a16z and Dialectic, crypto-focused investment firm Paradigm, and game software fir
  
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• 10 Safest Cryptocurrencies to Invest in 2022

  06-04-2022 17:09 via coinjournal.net
  
  Cryptocurrencies are becoming popular among both retail and institutional investors. There are now thousands of coins that are valued at over $2 trillion. In this article, we will look at ten of the safest cryptocurrencies to buy. The idea is to look at those that have staying power in the coming years to determine the safest crypto to invest in!
  1. Chainlink (LINK)
  Chainlink is a leading blockchain project that helps other developers to integrate off-chain data with the on-chain ecosystem. For
  
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• Building businesses in the ‘spirit of Bitcoin’: The Bitcoin Hostel

  06-04-2022 17:07 via cointelegraph.com
  
  A Bitcoin hostel under construction in Portugal reflects a growing trend of business built with more than just a digital currency in mind.
  
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• Nexo launches Nexo Prime, a digital asset prime brokerage platform

  06-04-2022 16:44 via coinjournal.net
  
  Nexo, the leading regulated institution for digital assets, has launched a propriety prime brokerage platform called Nexo Prime. The new brokerage unit targets institutional, corporate, and high-end worth investors.
  Nexo Prime shall give traders all the necessary tools for trading, borrowing, lending, and securely storing their digital assets all in a single product. It shall complement the existing Nexo market-leading retail platform.
  Nexo’s co-founder, Kalin Metodiev, cited increased dem
  
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• Starbucks announces NFTs initiative as union-busting controversy continues

  06-04-2022 16:43 via cointelegraph.com
  
  Starbucks announced plans to get into the NFT business then fired a union leader the same day.
  
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• Starbucks announces NFT initiative as union-busting controversy continues

  06-04-2022 16:43 via cointelegraph.com
  
  Starbucks announced plans to get into the NFT business then fired a union leader the same day.
  
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• DeFi can breathe new life into traditional assets

  06-04-2022 16:37 via cointelegraph.com
  
  The real changes in the financial world are starting with combining DeFi and CeFi, which is paving the way to mainstream crypto adoption.
  
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• Bitcoin slides below $44K in April first as trader warns 'something is off' with BTC

  06-04-2022 16:34 via cointelegraph.com
  
  All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance.
  
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• Majority of crypto investors still aren’t ready to file their taxes, survey finds - CNBC

  06-04-2022 16:30 via cnbc.com
  
  Majority of crypto investors still aren’t ready to file their taxes, survey finds  CNBC
  
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• Ethereum, Solana and FIREPIN: A Community-Based Cryptocurrency is the Future - Mint

  06-04-2022 16:09 via livemint.com
  
  Ethereum, Solana and FIREPIN: A Community-Based Cryptocurrency is the Future  Mint
  
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• Will Crypto Hit a Ceiling? Crypto Companies Aim to Prevent It

  06-04-2022 16:00 via newsbtc.com
  
  In November of 2021, the crypto market cap reached a peak of 2.8 trillion USD, putting it on par with Apple’s market cap and bigger than Microsoft’s, sending a clear message to the world; Crypto is here to stay. Despite this massive achievement, there has been significant push-back from institutions and banks around the world clinging tightly to their old notions of what defines “money”.
  These regulating bodies want to strike a balance between centralized and decentralize
  
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• Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds

  06-04-2022 16:00 via cointelegraph.com
  
  It appears record-level DeFi exploits have not hurt crypto enthusiasts' confidence in DApps.
  
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• Axie Infinity creator raises $150M led by Binance to reimburse stolen funds

  06-04-2022 15:43 via cointelegraph.com
  
  The developers are currently working on a security upgrade and plan to increase the number of validator groups to 21 before making Ronin Bridge live again.
  
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• Litecoin price risks 20% drop as LTC whale activity spikes to monthly highs

  06-04-2022 15:25 via cointelegraph.com
  
  Large spikes in whale transactions typically precede a period of declines in the Litecoin market.
  
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• HSBC debuts metaverse investment fund in Asia: Report

  06-04-2022 15:22 via cointelegraph.com
  
  Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March.
  
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• Unhosted is unwelcome: EU’s attack on noncustodial wallets is part of a larger trend

  06-04-2022 15:13 via cointelegraph.com
  
  Regulators on both sides of the Atlantic seem to be nervous about people transacting with their wallets.
  
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• Yearn​.finance advocates for the adoption of ERC-4626 tokenized vault standard

  06-04-2022 15:11 via cointelegraph.com
  
  The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that “Yearn V3 + ERC-4626 = inevitable.”
  
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• Yearn Finance advocates for the adoption of ERC-4626 tokenized vault standard

  06-04-2022 15:11 via cointelegraph.com
  
  The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that Yearn V3 plus ERC-4626 equals "Inevitable.”
  
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• NFT LA: Attract the mainstream, focus on Web3 and use cases

  06-04-2022 15:03 via cointelegraph.com
  
  Panelists who spoke at NFT LA shared their thoughts on Web3, innovative use cases and the future of nonfungible tokens.
  
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• Binance​.US completes $200M seed round to hit $4.5B valuation

  06-04-2022 15:00 via cointelegraph.com
  
  After launching in 2019, Binance.US has reached a pre-money valuation of $4.5 billion and rolled out services in 48 states and eight territories.
  
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• Blockchain.com launches asset management for institutional investors

  06-04-2022 14:41 via cointelegraph.com
  
  The new service is reportedly named BCAM and will serve institutions, family offices and high-net-worth individuals.
  
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• Armaldia: Play, Buy Your Own NFTs, Make a Profit

  06-04-2022 14:18 via newsbtc.com
  
  Facebook’s transformation to Meta is a conceptual displacement towards Metaverse and Web 3.0, crypto and NFTs (non-fungible tokens) are perceived by the global community as a game-changing leap forward with huge potential.The estimated number of global crypto users is 106 million people in the world.
  13% of Americans bought or traded crypto in the past 12 months. (By comparison, only 24% of Americans invested in stocks).
  Even bigger companies such as Tesla or Square have up to 7-10% of the
  
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• Female investors led crypto market growth in 2021, says new report

  06-04-2022 13:40 via cointelegraph.com
  
  The average value and volume of transactions conducted on the BTCM platform increased by 48% and 118 percent in 2021, with the average daily orders increasing by 42%.
  
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• Goldman Sachs Group Inc. plans to provide OTC Ether options trading

  06-04-2022 13:28 via coinjournal.net
  
  Goldman Sachs Group Inc. has announced plans to offer over-the-counter (OTC) Ethereum (ETH) options trading. According to the bank's global head Andrei Kazantsev, the decision to offer Ethereum OTC options trading is pegged on rising customer interest in Ethereum, which is the second-largest cryptocurrency by market cap.
  On Tuesday in a Goldman Sachs Client Webinar, Andrei claimed that the Wall Street giant has plans to sell cash-settled Ethereum options in “due time.” The bank has n
  
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• UN agency accepts first stablecoin donations worth $2.5M to help Ukrainian refugees

  06-04-2022 13:18 via cointelegraph.com
  
  Crypto donations have proven vital for Ukraine and its people, as the country has received over $100 million in crypto donations since the conflict broke out.
  
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• Netflix's latest documentary will make you think twice about cryptocurrency - TechRadar

  06-04-2022 13:16 via techradar.com
  
  Netflix's latest documentary will make you think twice about cryptocurrency  TechRadar
  
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• Georgia joins forces with IMF in regulating crypto

  06-04-2022 13:07 via coinjournal.net
  
  Georgia has been in a tough position since the start of the war in the east. Ukraine and Russia are the country's largest trading partners. In an interview with Finchannel about this situation, Koba Gvenetadze, governor of the National Bank of Georgia (NBG), says that it plans to set up a regulatory framework for crypto.
  Crypto Trading in Georgia
  It is not yet clear how many people will be affected by these upcoming measures. Gvenetadze says the country does not yet have accurate figures on cryp
  
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• Bitcoin transaction fees hit decade lows—Here's why

  06-04-2022 12:32 via cointelegraph.com
  
  The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down.
  
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• Bitcoin transaction fees hit decade lows, here's why

  06-04-2022 12:32 via cointelegraph.com
  
  The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down.
  
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• Highlights April 6: Major cryptos slide, US stocks dive

  06-04-2022 12:16 via coinjournal.net
  
  Major cryptos were in the red over the past 24 hours. Goldman Sachs will add over-the-counter options for Ether, which comes about a month after the company began with Bitcoin. Ukraine will sell 300 NFTs it received as donations to assist in the war effort.
  US stocks slumped yesterday as a senior Federal Reserve governor warned the central bank could tighten monetary policy more aggressively to control inflation. 
  Top cryptos
  Solana and Avalanche dropped more than 6%, Cardano more
  
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• 3 reasons why Ethereum price can hit $4K in April

  06-04-2022 11:49 via cointelegraph.com
  
  From a Google trends spike to depleting supply, multiple catalysts have been hinting at more upside for Ethereum.
  
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• Top places to buy Dogecoin, which gained 7% in 24 hours

  06-04-2022 11:34 via coinjournal.net
  
  After Twitter’s announcement of Elon Musk as the newest member of its board of directors, Dogecoin started to rally. Musk agreed to keep his stake to a maximum of 14.9% from the current 9.2%.
  This brief guide has everything you need to know about the Dogecoin ecosystem and coin, including whether you should buy it. Here’s where to buy Dogecoin if you choose.
  Top places to buy Dogecoin now
  eToro
  eToro is one of the world's leading multi-asset trading platforms offering some of the low
  
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