Cryptocurrency news

• ECB considers digital euro access, distribution in third design progress report

  24-04-2023 23:54 via cointelegraph.com
  
  The digital euro, if it is created, will be available to Eurozone users first through familiar onboarding procedures.
  
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• Draft bill suggests separating legislation on payment stablecoins and digital asset markets

  24-04-2023 23:47 via cointelegraph.com
  
  The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
  
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• Zimbabwe to Launch Gold-Backed Cryptocurrency - CryptoPotato

  24-04-2023 23:44
  
  Zimbabwe to Launch Gold-Backed Cryptocurrency  CryptoPotato
  
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• Ethereum Layer 2 Networks’ Total Value Locked Hovers at Near-Record High, Data Shows

  24-04-2023 23:31
  
  TVL soared past $10 billion on the Ethereum blockchain earlier this month before dipping as crypto prices swooned. Arbitrum dominates the layer 2 scaling landscape by market share.
  
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• Filecoin Experiences Sharp Sell-Off, Potential For Price To Drop Below $5

  24-04-2023 23:30 via newsbtc.com
  
  The bearish onslaught has taken a toll on the price of Filecoin, which slipped below the $6 mark, and the bears now have a strong foothold. On the one-day chart, Filecoin is showing consolidation with a loss of 1.1%. Over the last week, the coin has depreciated by nearly 17%.
  The technical outlook for Filecoin indicates bearish pressure, with a drop in demand and accumulation. If sellers push further, it will add to the bearish pressure.Bitcoin’s struggle to stay above $30,000 has affected
  
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• Crypto Exchange Binance Is Back In Russia, Lifts Restrictions on Russian Users: report

  24-04-2023 23:10
  
  Users in Russia report they once again can use locally issued Mastercard and Visa cards to deposit money on the crypto exchange more than a year following a wartime prohibition on such transactions.
  
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• Bitcoin’s Upcycle Shows Small Drawdowns, Report

  24-04-2023 22:30 via newsbtc.com
  
  The Bitcoin (BTC) market has faced some resistance this week, according to a report by cryptocurrency analytics firm Glassnode. The market reverted from a weekly high of over $31,000 to a low of $27,000, signaling a potential correction in the market.
  Despite this recent dip, Glassnode’s analysis shows that the opening to 2023 has been historically strong for Bitcoin, with remarkably few significant corrections. The largest correction seen so far has been -18.6%, a relatively small drawdow
  
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• Price analysis 4/24: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

  24-04-2023 22:15 via cointelegraph.com
  
  Bitcoin and select altcoins are at risk of falling below their respective support levels and starting a deeper correction.
  
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• German regulators launch inquiry into ChatGPT GDPR compliance

  24-04-2023 22:10 via cointelegraph.com
  
  Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR.
  
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• House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over

  24-04-2023 22:00
  
  Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.
  
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• Ordinals Finance has conducted a $1M rug pull: CertiK

  24-04-2023 21:39 via cointelegraph.com
  
  The DeFi protocol appears to have erased its social media presence after news of the alleged exit scam broke.
  
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• Bitcoin Drops to $27.3K, Ether Edges Toward $1.8K Amid Investors' Interest Rate Concerns

  24-04-2023 21:33
  
  BTC’s recent price drop can be interpreted as “a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months,” one analyst says.
  
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• CELR On A 16% Bear Strike, Bulls Must Hold The Line At This Level

  24-04-2023 21:30 via newsbtc.com
  
  CELR, the official native token of Celer Network, is down badly from its previous week’s highs of $0.031, recording a disappointing -16% in today’s trade session. While several cryptocurrencies have shown price weakness, the Celer Network token has been the biggest loser over the past 24 hours.
  In recent times, the general market sentiment has drastically changed. Most traders who called for a bull market after BTC’s previous week’s rally are now bearish due to a price re
  
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• Ether price struggles to maintain support as regulatory challenges and network issues weigh

  24-04-2023 21:00 via cointelegraph.com
  
  Ether options volume hints at bearish sentiment as the $1,850 support falters.
  
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• What to Expect at Consensus 2023

  24-04-2023 20:38
  
  From Solana Phones to the future of U.S. crypto policy, here’s what to look out for at crypto’s Big Tent event – Consensus.
  
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• Who on Crypto Twitter chose not to pay for a blue checkmark?

  24-04-2023 20:30 via cointelegraph.com
  
  Adam Back, Roger Ver, Brad Garlinghouse, and Andreas Antonopoulos were among those not showing a blue checkmark on their Twitter accounts after legacy verification was sunsetted.
  
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• Unlocking the Power of Bollinger Bands for Cryptocurrency Trading: Everything You Need to Know - Hilton Head Island Packet

  24-04-2023 20:30
  
  Unlocking the Power of Bollinger Bands for Cryptocurrency Trading: Everything You Need to Know  Hilton Head Island Packet
  
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• Standard Chartered Predicts Bitcoin Could Reach $100,000 By End of 2024

  24-04-2023 20:30 via newsbtc.com
  
  Bitcoin, the world’s most well-known cryptocurrency, has been on a wild ride over the past few years, with its price surging to new highs before crashing back down. 
  Despite this, some experts still believe the asset could record new significant highs in a few years to come. At current market prices, Bitcoin has currently decreased by 60% from its all-time high of $69,000 seen in November 2021.
  BTC Could Reach $100,000
  According to a note from Standard Chartered’s head of digita
  
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• Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sales Slump

  24-04-2023 20:18
  
  While Ethereum remains by far the most popular blockchain for minting NFTs, Polygon, Cardano and Solana have all seen small bumps in sales volume in recent weeks.
  
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• Why Bitcoin May Have Completed The “Perfect” Pullback

  24-04-2023 20:06 via newsbtc.com
  
  Bitcoin price is trading at around $27,000 per coin after failing to hold above $30,000. Crypto market sentiment would suggest that BTC is already back at lows, ready for a fresh decline.
  However, if a perfected TD buy setup is an indication, then BTC might have just finished its pullback and is ready to continue upward with renewed momentum.
  A Perfect Pullback For Buying The Dip In Bitcoin?
  The cryptocurrency community has been on a rollercoaster ride of emotions the past several weeks. Bitcoin
  
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• OFAC sanctions OTC traders who converted crypto for North Korea’s Lazarus group

  24-04-2023 20:00 via cointelegraph.com
  
  U.S. law enforcement has identified three individuals who handled stolen crypto and fiat for the benefit of North Korea.
  
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• Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Trademarks

  24-04-2023 19:49
  
  Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled
  
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• Bitcoin ‘ESR’ Continues To Show Bullish Divergence, Will Price Follow?

  24-04-2023 19:30 via newsbtc.com
  
  Bitcoin on-chain indicator Exchange Stablecoin Ratio (ESR) has continued to show bullish divergence recently. Will the price also mimic this?
  Bitcoin ESR Has Continued To Sharply Ascend In Recent Weeks
  As explained by an analyst in a CryptoQuant post, the ESR is currently acting as a leading indicator for BTC’s price. A relevant metric here is the “exchange reserve,” which measures the total amount of a cryptocurrency that’s currently sitting in the wallets of all central
  
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• DeFi options protocol raises $17M for buy-side marketplace

  24-04-2023 19:16 via cointelegraph.com
  
  The upcoming version will combine aspects of an automated market maker (AMM) and money market.
  
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• Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24

  24-04-2023 18:45 via cointelegraph.com
  
  The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament.
  
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• Cardano At Risk Of Falling 8% If It Doesn’t Hold Above Key Support Line

  24-04-2023 18:30 via newsbtc.com
  
  The Cardano price surged as it broke through a critical resistance trendline on its chart, a few days ago. However, the bullish momentum was short-lived, and ADA has since lost 0.5% of its value on the daily chart. The past week saw a significant depreciation of 14% in ADA’s value, with demand and accumulation both falling.
  As Bitcoin retraces on its chart, most altcoins have followed the same price direction. The technical outlook of the altcoin has also sided with the bears.
  For Cardano
  
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• Ethereum price lower highs vs. Bitcoin hint at more downside in April

  24-04-2023 18:25 via cointelegraph.com
  
  Institutional investors accumulated Ether and sold off Bitcoin last week, suggesting confidence in Ethereum after the Shapella hard fork.
  
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• Crypto Investment Funds Have First Week of Outflows in 6 Weeks

  24-04-2023 18:23
  Net outflows totaled $30 million.
  
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• Bybit to introduce mandatory KYC requirements starting May 8

  24-04-2023 18:15 via cointelegraph.com
  
  Users without Know Your Customer verification had a daily withdrawal limit of 20,000 USDT on Bybit prior to the announcement.
  
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• Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says

  24-04-2023 18:06
  
  The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said
  
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• Bitcoin price tags new April low as traders weigh odds of $25K next

  24-04-2023 17:55 via cointelegraph.com
  
  Bitcoin threatens a breakdown below $27,000, and traders are ready and waiting with their downside BTC price targets.
  
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• OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI

  24-04-2023 17:53 via cointelegraph.com
  
  The executive recently sounded off about government regulators, the “pause” letter, and how close the company is to reaching artificial general intelligence.
  
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• Solana (SOL) Rebounding After A Major Drop, Will It Recover Previous Losses?

  24-04-2023 17:30 via newsbtc.com
  
  Many investors are unsure what will happen to the Solana (SOL) price going forward after its recent 7 days decline of 13%. Will SOL make a strong comeback? 
  Solana has emerged as one of the most popular blockchains in the cryptocurrency industry due to its fast transactions and expanding ecosystem. However, it had a rough year in 2022, like others, and even worse due to the crash of FTX.
  Fast-forward to January 2023, SOL started the year at $9.9610 and steadily rose above $20. At one point,
  
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• Is offering cryptocurrency at checkout worth the reward for retailers? - Digital Commerce 360

  24-04-2023 17:17
  
  Is offering cryptocurrency at checkout worth the reward for retailers?  Digital Commerce 360
  
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• Crypto’s Path to Wall Street Could Get Easier With New 'Plumbing'

  24-04-2023 17:02
  
  The FIX Protocol has added support for the Digital Token Identifier (DTI) to simplify and standardize communication for trading digital assets.
  
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• Introducing Metla: The Ultimate Cryptocurrency Management Platform - hackernoon.com

  24-04-2023 17:01
  
  Introducing Metla: The Ultimate Cryptocurrency Management Platform  hackernoon.com
  
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• Cryptocurrency OKB Falls More Than 3% In 24 hours - Benzinga

  24-04-2023 17:00
  
  Cryptocurrency OKB Falls More Than 3% In 24 hours  Benzinga
  
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• OKX staff issues clarification amid 'shell token' purchase inquiries

  24-04-2023 16:45 via cointelegraph.com
  
  It appears certain individuals have developed an interest in purchasing listed tokens that no longer have market value or development activity.
  
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• The Success Of Cryptocurrency In Online Entertainment Industry - TechiExpert.com

  24-04-2023 16:42
  
  The Success Of Cryptocurrency In Online Entertainment Industry  TechiExpert.com
  
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• U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts

  24-04-2023 16:33
  
  The U.S. Treasury Department's sanctions watchdog banned three North Korean individuals for supporting the Lazarus Group, a North Korean hacking team known for crypto thefts.
  
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• Bitcoin Price May Hit $100K by Year-End, Standard Chartered Bank Says

  24-04-2023 16:33
  
  The report noted that the crypto winter is finally over and bitcoin halving is set to be a positive catalyst for the price.
  
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• Crypto Analyst Explains Why XRP Will Not Fall To $0.10

  24-04-2023 16:30 via newsbtc.com
  
  XRP price is trading sideways alongside most cryptocurrencies in the market today. The coin had been trading above $0.5 until April 21, when a bearish wave pushed it below $0.45 to $0.43. The token has witnessed a slight recovery above $0.46 today.
  As a result, crypto enthusiasts fear a further decline in XRP. Notably, a prominent crypto analyst shared a post responding to his friend’s forecast of XRP slumping to $0.10, but Egrag’s response was that technical indicators on XRP price
  
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• Declining Bitcoin-Ether Correlation Could Affect Crypto Investors’ Hedging Strategies: Coinbase

  24-04-2023 16:21
  
  From a fundamental perspective the weaker correlation supports diversification arguments in favor of holding both BTC and ETH, the report said.
  
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• Bitcoin Posts Biggest Weekly Loss in 5 Months as Dollar Liquidity Declines, Debt Ceiling Fears Return

  24-04-2023 16:10
  
  The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week.
  
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• Trust, UX and security in DeFi: Redefining the yield ecosystem with Cake DeFi CEO

  24-04-2023 15:50 via cointelegraph.com
  
  To bring about much-needed evolution in DeFi, entrepreneurs will need to rethink business strategies to fit investors’ evolving expectations for more than quick returns.
  
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• Losses Dominate Crypto Over The Weekend, Has The Bear Market Returned?

  24-04-2023 15:50 via newsbtc.com
  
  The crypto market was hit hard during the weekend as prices from Bitcoin to altcoins fell rapidly. During this time, there was also a decline in the trading volume and momentum in the market, which was partly responsible for the losses recorded. Now, with the new week, there is still a lot of skepticism in the market as Bitcoin’s decline below $30,000 could mean that the bear market is back in full force.
  Crypto Fear & Greed Index Remains Neutral
  One thing that highlights how investors
  
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• Binance integrates ChatGPT into the Web3 Academy

  24-04-2023 15:50 via cointelegraph.com
  
  Binance released a new AI-driven tool it named the “Binance Sensei” that uses machine learning to generate answers from its education platform to help users learn about Web3.
  
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• Binance integrates ChatGPT into its Web3 academy

  24-04-2023 15:50 via cointelegraph.com
  
  Binance released a new AI-driven tool that it named the “Binance Sensei” that uses machine learning to generate answers from its education platform to help users learn about Web3.
  
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• Ethereum up 20% in April while Markets Pro sees 379% gain in one day

  24-04-2023 15:47 via cointelegraph.com
  
  A single Cointelegraph Markets Pro alert delivers a triple-digit winner in 24 hours for crypto traders.
  
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• French Regulator Floats 'Fast-Track' Registration for Incumbents After MiCA's Passage

  24-04-2023 15:36
  
  EU countries are making the transition to a tough new crypto regime set by Brussels.
  
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