Month: April 2022

WAVES Falls to 1-Month Low, BCH Over 10% Higher on Wednesday – Market Updates Bitcoin News

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WAVES fell to a one-month low during Wednesday’s trading session, as prices dropped for a second consecutive session. This came as BCH rallied by over 10% on hump-day, hitting a five-day high in the process. Overall, the crypto market cap is 1.17% higher as of writing. Bitcoin Cash (BCH) As crypto prices slowly began to rise on Wednesday, BCH was easily one of the day’s biggest gainers. Following a low of $295.20 on Tuesday, BCH/USD rose to an intraday high of $332.87 during today’s session. This is the highest level…

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Bitcoin bounces to near $41K after crypto sentiment gauge hits 6-week lows

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Bitcoin (BTC) saw a welcome break from downside at the Wall Street open on April 13 as United States equities opened in the green. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Sub-$39,000 BTC price target remains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $40,965 on Bitstamp as trading began on April 13, its best in over 24 hours. After a frustrating rangebound period, volatility to the upside was a relief for support levels previously in danger of collapsing. Traders, however, were not overly optimistic,…

Coinbase, FTX and Biggest Crypto Exchanges Consolidate Power As Traders Prefer Lower Risk Platforms: Report

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A new report from CryptoCompare finds that top-tier digital asset exchanges such as Coinbase, FTX, Gemini and Binance have continued to increase their market share over the last six months. In the latest Exchange Benchmark report, CryptoCompare finds that top-tier exchanges have gained a further seven percent market share since August 2021. “Top-Tier exchanges have increased their market share from 89% in Aug 2021 (based on Aug 2021 rankings) to 96% in February 2022 (based on the latest Feb 2022 rankings) as both retail and professional traders move to lower risk…

Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies – Bitcoin News

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During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a proof-of-stake (PoS) consensus model. Mozilla Plans to Accept PoS Crypto Assets Only, Executive Says PoW Cryptos ‘Significantly Increase Our GHG Footprint’ On April 7, Mark Surman, the executive director at the Mozilla Foundation, published an update about the software community pausing crypto donations. Surman said that it was after…

Former Trump Aide Mick Mulvaney Tapped as Astra Protocol Adviser

Mulvaney, whose list of government jobs also included stints as acting head of the Consumer Financial Protection Bureau and special envoy to Northern Ireland, was involved with founding the Congressional Blockchain Caucus during his time in the House of Representatives, in the early days of the cryptocurrency movement. In 2020, he joined the advisory board of the Chamber of Digital Commerce. Source