Bitcoin's first attempt to consolidate at $45,000 fails
Bitcoin quotes briefly rose above $45,000, while the price of Ethereum approached $3,200.
At the same time bitcoin failed to consolidate at this value and a correction followed. At the time of publication, the price of the first cryptocurrency corrected to the value of $44,300.
Nevertheless, bitcoin still rose by more than 8% in the last 7 days, and the total capitalization of the cryptocurrency market exceeded $2 trillion again.
The leader of the growth among the top 10 coins during this period was Cardano (ADA) - 31.4%. The main driver for the growth of the coin's price was the addition of the steering function on Coinbase exchange.
Bitcoin quotes briefly rose above $45,000, while the price of Ethereum approached $3,200.
At the same time bitcoin failed to consolidate at this value and a correction followed. At the time of publication, the price of the first cryptocurrency corrected to the value of $44,300.
Nevertheless, bitcoin still rose by more than 8% in the last 7 days, and the total capitalization of the cryptocurrency market exceeded $2 trillion again.
The leader of the growth among the top 10 coins during this period was Cardano (ADA) - 31.4%. The main driver for the growth of the coin's price was the addition of the steering function on Coinbase exchange.
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U.S. Treasury Secretary Janet Yellen told CNBC the importance of cryptocurrencies in the investment decisions of a large number of Americans.
💬"Crypto has obviously grown by leaps and bounds, and is now playing a significant role not really so much in transactions but in investment decisions of lots of Americans," Janet said.
Already even skeptics like Janet Yellen cannot deny the popularity and status of cryptocurrencies on a par with other investment assets.
💬"Crypto has obviously grown by leaps and bounds, and is now playing a significant role not really so much in transactions but in investment decisions of lots of Americans," Janet said.
Already even skeptics like Janet Yellen cannot deny the popularity and status of cryptocurrencies on a par with other investment assets.
Media: EU seeks to ban anonymous crypto transactions
The European Parliament plans to extend AML procedures to all cryptocurrency transactions and restrict or prohibit cryptocurrency transfers from the EU to places considered tax havens.
Current FATF recommendations on cryptocurrency regulation require companies to identify the recipient of a payment exceeding €1,000.
European Union national governments have proposed doing away with the lower limit because large transactions can be broken down into smaller ones, a practice known as "smurfing."
Officials have proposed verifying the identities of transactors and de-anonymizing all cryptocurrency transactions, regardless of their size.
Internal parliamentary documents reviewed by CoinDesk show a high probability that members of the European Parliament's Economic Affairs Committee will support the amendment and vote to end the anonymity of even small cryptocurrency transactions.
The European Parliament plans to extend AML procedures to all cryptocurrency transactions and restrict or prohibit cryptocurrency transfers from the EU to places considered tax havens.
Current FATF recommendations on cryptocurrency regulation require companies to identify the recipient of a payment exceeding €1,000.
European Union national governments have proposed doing away with the lower limit because large transactions can be broken down into smaller ones, a practice known as "smurfing."
Officials have proposed verifying the identities of transactors and de-anonymizing all cryptocurrency transactions, regardless of their size.
Internal parliamentary documents reviewed by CoinDesk show a high probability that members of the European Parliament's Economic Affairs Committee will support the amendment and vote to end the anonymity of even small cryptocurrency transactions.
Changpeng Zhao overdosed on his trip to Latin America
A business tour to El Salvador and other Latin American countries ended with an illness. The CEO of Binance announced this on his Twitter. CZ is currently in Dubai, where he "had to meet a lot of people."
We wish the cryptolegend a speedy recovery. Above is a snapshot from his Twitter feed☝🏻
A business tour to El Salvador and other Latin American countries ended with an illness. The CEO of Binance announced this on his Twitter. CZ is currently in Dubai, where he "had to meet a lot of people."
We wish the cryptolegend a speedy recovery. Above is a snapshot from his Twitter feed☝🏻
Binance Blockchain Week is taking place in Dubai
One of the main attractions of the event is a Bugatti in the coloring and symbols of the cryptocurrency exchange Binance. The organizers said that visitors have a chance to ride it.
To do this, you need to publish a photo of the car, specify the hashtags #BinanceBugatti and #BinanceBlockchainWeek, as well as share the most vivid impression from the event.
One of the main attractions of the event is a Bugatti in the coloring and symbols of the cryptocurrency exchange Binance. The organizers said that visitors have a chance to ride it.
To do this, you need to publish a photo of the car, specify the hashtags #BinanceBugatti and #BinanceBlockchainWeek, as well as share the most vivid impression from the event.
🇺🇸 A group of U.S. lawmakers introduced the bill "ECASH" as an alternative to creating a digital dollar - the new electronic money should become a digital analogue of the U.S. dollar to provide privacy and anonymity of transactions.
The difference is that the money in "ECASH" will not be tied to an account (a citizen of the country) - it should be a real analogue of a digital wallet with private keys.
Surely, big doubts that this bill will pass beyond discussions.
The difference is that the money in "ECASH" will not be tied to an account (a citizen of the country) - it should be a real analogue of a digital wallet with private keys.
Surely, big doubts that this bill will pass beyond discussions.
📈 For the first time in three months Bitcoin reached the level of $47,650, but failed to consolidate and rolled back to the area of $47,000 - during the day the first cryptocurrency went up by more than 5%, the Fear and Greed Index was in the green zone (60).
In the futures market, more than $400 million worth of positions were liquidated, with about 78% of the liquidations coming from short positions - traders clearly expected the market to decline.
Ethereum and almost all top altcoins followed the first cryptocurrency, capitalization of the crypto market increased by more than 4.5% during the day.
In the futures market, more than $400 million worth of positions were liquidated, with about 78% of the liquidations coming from short positions - traders clearly expected the market to decline.
Ethereum and almost all top altcoins followed the first cryptocurrency, capitalization of the crypto market increased by more than 4.5% during the day.
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🇦🇪 Media: The UAE authorities are seriously considering the prospect of paying salaries, utilities and even paying for goods with cryptocurrencies - Dubai has already introduced a legal framework and created a body to regulate virtual assets.
🍀 Greenpeace and Ripple suggest moving Bitcoin to Proof-of-Stake (PoS) - all new blockchains are built on greener algorithms, even Ethereum will soon move to PoS, and only Bitcoin continues to work on PoW, which is harmful to the environment.
Supporters of the first cryptocurrency immediately stated that there is zero probability that BTC will switch to PoS - ancient cryptans have no interest in destroying protocol security with such actions.
Supporters of the first cryptocurrency immediately stated that there is zero probability that BTC will switch to PoS - ancient cryptans have no interest in destroying protocol security with such actions.
🍏 Yesterday it was reported that Apple may announce support for BTC payments - many took this news as a "fake one" that should not be taken seriously. But attentive users noticed that Bitcoin symbols appeared in the latest Apple SF Symbols update.
Other sources, including Bloomberg, claim that Apple is developing its own payment processing technology (no details yet) - it will be integrated into the company's future products.
Either way, it's going to be exciting. We await official information from Apple.
Other sources, including Bloomberg, claim that Apple is developing its own payment processing technology (no details yet) - it will be integrated into the company's future products.
Either way, it's going to be exciting. We await official information from Apple.
Good news from BTC.com wallet
From the first of April the service ceases working. (Nope, not a joke).
If you hold money in that wallet, we recommend that you withdraw them from there.
However, if you like thrills (or you're immortal), you can ignore our recommendation.
Tell us what happened later, everyone likes to hear how someone got kicked.
From the first of April the service ceases working. (Nope, not a joke).
If you hold money in that wallet, we recommend that you withdraw them from there.
However, if you like thrills (or you're immortal), you can ignore our recommendation.
Tell us what happened later, everyone likes to hear how someone got kicked.
🐋 Today 11 addresses woke up simultaneously with 11 325 BTC in their accounts, which had been inactive for more than 7 years - the whole amount was moved to 666 addresses, an average of 17 BTC each.
Experts have already connected these coins with Cryptsy exchange, which was hacked back in 2014 and took out 13 000 BTC and 300 000 LTC.
Experts have already connected these coins with Cryptsy exchange, which was hacked back in 2014 and took out 13 000 BTC and 300 000 LTC.
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OpenSea to add support for Solana-based tokens
Leading NFT marketplace OpenSea posted a video on Twitter that shows the message - the site will add non-fungible tokens based on the Solana blockchain in April. The exact integration date is unknown.
🔥Solana will be the fourth blockchain to support OpenSea, after Ethereum, Polygon and Klaytn.
Leading NFT marketplace OpenSea posted a video on Twitter that shows the message - the site will add non-fungible tokens based on the Solana blockchain in April. The exact integration date is unknown.
🔥Solana will be the fourth blockchain to support OpenSea, after Ethereum, Polygon and Klaytn.
Binance partnered with the Grammy
Cryptocurrency exchange Binance signed an agreement with the Recording Academy of the U.S. and became an official partner of the 64th annual music awards "Grammy".
Exchange officials said:
"Starting with the Grammys, we are excited to work together with the Recording Academy to bring fresh new experiences powered by blockchain and all the great things Web3 technology can bring to entertainment".
The parties will disclose additional details about the collaboration in the future.
The 64th annual Grammy Awards will take place on April 3, 2022, in full format at the MGM Grand Garden Arena in Las Vegas.
Cryptocurrency exchange Binance signed an agreement with the Recording Academy of the U.S. and became an official partner of the 64th annual music awards "Grammy".
Exchange officials said:
"Starting with the Grammys, we are excited to work together with the Recording Academy to bring fresh new experiences powered by blockchain and all the great things Web3 technology can bring to entertainment".
The parties will disclose additional details about the collaboration in the future.
The 64th annual Grammy Awards will take place on April 3, 2022, in full format at the MGM Grand Garden Arena in Las Vegas.
Craig Wright announced plans to bring down Bitcoin
Self-proclaimed Satoshi Nakamoto again threatened to bring down the value of the first cryptocurrency. The programmer said that he has 1.1 million BTC (about $50 billion) in his possession.
Wright assured that in the near future he would sell all of his bitcoins. The reason is that, in his opinion, Bitcoin is useless and he doesn't see any point in continuing to hold the digital currency.
Many members of the cryptocurrency community panicked upon hearing such loud statements.
Nevertheless, there is hardly any reason to panic. Wright is a notorious hype man who is just publicizing himself because everyone has forgotten about him.
Poor Wright can't get enough of the fact that no one takes him seriously 😢
Self-proclaimed Satoshi Nakamoto again threatened to bring down the value of the first cryptocurrency. The programmer said that he has 1.1 million BTC (about $50 billion) in his possession.
Wright assured that in the near future he would sell all of his bitcoins. The reason is that, in his opinion, Bitcoin is useless and he doesn't see any point in continuing to hold the digital currency.
Many members of the cryptocurrency community panicked upon hearing such loud statements.
Nevertheless, there is hardly any reason to panic. Wright is a notorious hype man who is just publicizing himself because everyone has forgotten about him.
Poor Wright can't get enough of the fact that no one takes him seriously 😢