Day: April 1, 2022

BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower – Market Updates Bitcoin News

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Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin BTC fell for the third consecutive session on Friday, as the world’s largest cryptocurrency dropped to its lowest level this week. Following a high above $47,591.00 yesterday, BTC/USD traded at an intraday low of $44,403.14 during today’s session. This is the lowest BTC has hit…

Secrets of the founders – Cointelegraph Magazine

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Cointelegraph Magazine talks to some of the leading Metaverse founders to discover their secret sauce for Web3. Featuring co-founder of The Sandbox Sebastien Borget, co-founder of Upland Idan Zuckerman, head of metaverse growth of Unique Network Irina Karagyuar, chief marketing officer of Univers Peter Nguyen, co-founder of Alien Worlds Sarojini McKenna, co-founder of Immersys Daniel Knott, head of metaverse and NFT of Zilliqa Sandra H and co-founder and chief marketing officer of Bloktopia Paddy Carroll. Sand dues The Sandbox has established itself as a major player in the Metaverse and…

ApeCoin risks another massive selloff as APE drops 70% in two weeks — Here’s why

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A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin’s 70% drop in valuation in the past two weeks — and it may fall further in April. At the core of this bearish outlook is a rising wedge, a technical pattern that forms as the price consolidates upward inside a range defined by two converging ascending trendlines. In a perfect scenario, rising wedges resolve into a bearish breakout, confirmed by a decisive drop below the lower trendline that typically takes the…

EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space – Regulation Bitcoin News

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Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce Verification for Defi Wallets The European Parliament’s Committee on Economic and Monetary Affairs (ECON) supported on Thursday the Transfer of Funds Regulation (TFR). Among other provisions, the TFR obliges crypto service providers to apply stringent anti-money laundering measures…

Bitcoin fights for support as BTC price loses $46K yearly open

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Bitcoin (BTC) showed signs of recovery from an overnight rout on April 1 after the Ides of March caught up with bulls at the last minute. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin faces “pivotal” moment Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $45,500 on Friday’s Wall Street open. The pair had dipped to near $44,000 into the March monthly close, the pullback fuelled by a combination of macro factors and actions by large-volume wallets. European stocks suffered on the day thanks to Russia threatening to cut…

HUGE Bitcoin Dip to $25K in 2022? (In-Depth Crypto Analysis)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io While trends have looked promising over the week, the patterns being formed currently could hint at a significant dip in Bitcoin in early 2022, potentially going as low as $25K. What are these trends and how can you identify where the market is headed? Piano Matty B gives you the rundown on head and shoulders formations and other market madness in today’s edition of Piano TA! Try out Leverage trading for massive potential gains by visiting some of our favorite partners; $25…

Warren’s battle to curtail crypto gets boost from Ukraine conflict

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In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis for the creation of the modern drug industry. This reflected her earlier statements about the digital currency market resembling the “Wild West,” which makes it a poor investment as well as an “environmental disaster.” With her latest bill in the Senate pipeline targeting Russian actors’ potential use of crypto to circumvent United States…

LBank Exchange Will List Lilly Finance (LY) on April 2, 2022 – Press release Bitcoin News

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press release PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired by Lillian Bay, a young women born with a rare disorder known as cystic hygroma, Lilly Finance (LY) was created utilizing the power of blockchain technology and cryptocurrency to improve health care and build a future of health…