Bitcoin (BTC) is back above $40K, albeit within a wide trading range. The cryptocurrency could face initial resistance at $43K, which could stall the current upswing in price. Original
Bitcoin Stabilizes Above $40K; Resistance at $43K-$46K
Day: April 19, 2022
Australia To List it’s First Bitcoin ETF Next Week on the CBOE Equities Trading Platform
Summary: A Bitcoin ETF will be listed on Australiaโs CBOE equities trading platform of ASX next week The listing of the Bitcoin ETF will test retail demand in the country There is some speculation that $1 billion will flow into the Bitcoin investment product Trading of the first Bitcoin ETF in the Land Down Under (Australia) will commence next week. According to a report by the Financial Review, the Bitcoin ETF has got the go-head from Australiaโs capital markets to be listed on the CBOE Equities trading venue. Furthermore, speculation…
Silvergate Capital May Expand Its Bitcoin Lending Program, CEO Says
Silvergate Capital on Tuesday reported better-than-expected Q1 earnings this morning and shares are up nearly 12%. Source
Crypto Funds See Outflows as Bitcoin Gets More 'Interest-Rate Sensitive'
Some $97 million flowed out of digital asset funds in the week through April 15 as investors adjusted to a hawkish Fed discussion on shrinking the central bank’s balance sheet. Source
EU Crypto Firms Protest โAlarmingโ Anti-Money Laundering Laws
The letter, seen by CoinDesk and signed by academics, lobby groups and senior executives from companies such as Ledger, Aave and Blockchain.com, says current proposals to identify crypto users, known as the travel rule, endanger privacy and innovation in the EU. Source
Bittrex Globalโs IEO Platform Starting Block Gears up for YellowHeart Debut โ Press release Bitcoin News
PRESS RELEASE. Bittrex Global, a leading digital asset exchange, welcomes the YellowHeart Protocol, an NFT platform poised to disrupt the ticketing and music industries, to its Initial Exchange Offering (IEO) platform, Bittrex Global Starting Block. By using blockchain technologies, the YellowHeart Protocol is transforming what tickets can do and how they are created, sold and resold. Through the protocol, tickets are now offered as non-fungible tokens (NFTs) and enhanced with new capabilities enabled by the HRTS (pronounced โHeartsโ) utility token. In contrast to traditional tickets, NFT tickets offer music, video,…
Top Ethereum Whales Now Hold Almost $1.5 Billion Worth Of SHIB
Shiba Inu still remains a whale favorite going by the activities of the top Ethereum whales in recent days. These whales seem to be undeterred by the low prices of the meme coin and rather continue to buy the digital asset in the millions. The latest purchase from an Ethereum whale has the community at the edge of its seat as one whale singlehandedly bought almost $5 million worth of the cryptocurrency, showing that interest in it has far from waned. Ethereum Whale Hoards SHIB A report from WhaleStats showed…
Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls
On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and 94% year-over-year, respectively, to $59.9 million and $24.7 million. The company is most notable for its Silvergate Exchange Network, or SEN, which facilitates U.S. dollar and euro transfers between cryptocurrency exchanges and institutional investors. Despite its growth, however, institutional interest in crypto took a significant hit in Q1 due to the ongoing bear market. As told by…
Crypto Market Big News India | Why Crypto Market Is Going Down | Bitcoin Dump | Crypto News Today
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Solana’s STEPN hits record high as GMT price skyrockets 34,000% in over a month
STEPN (GMT), a so-called โmove-to-earnโ token using the Solana (SOL) blockchain, has soared incredibly since its market debut in March. GMTโs price jumped from $0.01 on March 9 to a record high of $3.45 on April 19 โ a 34,000% upside move in just 41 days (data from Binance). Its massive uptrend appeared primarily due to the hype surrounding decentralized finance (DeFi) projects that reward users in tokens for staying active. For instance, the prices of GMT and its top rivals,ย including Genopets (GENE) and dotmoovs (MOOV), exploded massively on a…