“Bitcoin is likely to find resistance at $30,000,” DiPasquale noted in an email to CoinDesk. From a technical-analysis perspective, the current move is “a retest of the range high established in March after the initial surge from under $20,000. Success of this test would see the price claiming $30,000 while a failure here should see BTC drop to $25,000, followed by $23,000.” Source
Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce its reliance on the U.S. dollar to avoid becoming “vassals,” applying his concept of “strategic autonomy.” Emmanuel Macron Believes Europe Should Remain Autonomous Regarding U.S. and China French President Emmanuel Macron recently revealed his stance on the current geopolitical and…
Titled “Moonbirds: Diamond Exhibition,” the collection is available exclusively to Moonbirds holders that reached “Diamond Nest” status by staking their NFTs. The collection is slated to be released on April 27 and will also coincide with two live events, including Beeple’s LIVE Everyday party at NFT NYC this week along with a physical gallery showing of the collection’s artwork later this month. Source
Tyler and Cameron Winklevoss, co-founders of the United States-based cryptocurrency exchange Gemini, have reportedly dipped into their own pockets to fund the business amid the crypto market downturn. According to an April 10 Bloomberg report, the Winklevoss twins made a personal $100-million loan to Gemini following attempts to get funding from outside investors. Cointelegraph reached out to Gemini for comment, but did not receive a response at the time of publication. EXCLUSIVE: Gemini founders Tyler and Cameron Winklevoss have lent $100 million to the crypto platform https://t.co/owaGrepngE — Bloomberg (@business)…
Jupiter (JUP) is up by more than 100% in 24 hours, and is being bought in heavy trade. Jupiter (JUP) is a blockchain platform that aims to make the technology accessible and secure for everyone. The project boasts military-grade encryption, which helps ensure that user data is private and secure. Through its encryption capabilities, Jupiter can power secure decentralized applications (dApps) on public and private networks based on client preferences. Jupiter’s recent surge in value is notable, with a 140% increase in the last 24 hours. At the time of…
Prior to today’s upside action, bitcoin had been locked in a very tight range on either side of $28,000 for about 10 days. There’s no apparent news behind Monday’s sizable gains. Wednesday the consumer price index (CPI) will be released for March, one of the more important pieces of economic data prior to the U.S. Federal Reserve’s early May meeting. Many market watchers are predicting the central bank might end its more than year-long series of interest rate hikes at that meeting. Source BitcoinCryptoRelatedHighestHitsJunePointPriceStocksSurge CryptoX Portal
Cryptocurrency wallet and decentralized application (Dapp) provider MetaMask has announced the launch of a new feature that will allow users to purchase crypto with fiat currency directly from its Portfolio Dapp. The move is intended to provide users with an easier way to purchase crypto with fiat currency. We foxes at MetaMask are excited to announce that our Buy Crypto feature now also resides in our Portfolio Dapp, providing a simple and smooth purchasing journey https://t.co/sEcCnQhbRB pic.twitter.com/UvaG2wMSpy — MetaMask (@MetaMask) April 10, 2023 The new “Buy Crypto” feature enables MetaMask…
Prior to today’s upside action, bitcoin had been locked in a very tight range on either side of $28,000 for about 10 days. There’s no apparent news behind Monday’s sizable gains. Looking ahead, Wednesday will see the release of the Consumer Price Index (CPI) for March, one of the more important pieces of economic data prior to the U.S. Federal Reserve’s early May meeting at which many are betting the central bank might end its more than year-long series of interest rate hikes. Source
The $100 million figure stands out in part because that equals the amount Gemini agreed to give some of its customers as part of the Genesis bankruptcy case. Genesis, which, like CoinDesk, is owned by Digital Currency Group (DCG), froze withdrawals in the aftermath of FTX’s collapse last year, a decision that locked up money for customers of Gemini’s Earn yield product. As part of a February settlement DCG reached with creditors, Gemini said it would contribute up to $100 million to Earn users. Source
FTX Debtors said on April 9 that it had released a report that “identifies and discusses control failures” by Sam Bankman-Fried and his colleagues when they ran the collapsed cryptocurrency exchange. John Ray, the CEO of the FTX Debtors, said the FTX Group “was tightly controlled by a small group of individuals who falsely claimed to manage it responsibly.” More Than One Million Documents Reviewed FTX Debtors, an organization comprising entities that filed for bankruptcy protection in the U.S., has unveiled a report that “identifies and discusses control failures” by…