Crypto news

CoinspeakerUS Lawmakers Continue Their Push for Stablecoin Reform Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law. US Lawmakers Continue Their Push for Stablecoin Reform

Coinspeaker21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000? 21,000 Bitcoin options are set to expire having a notional value of $1.5 billion and a put call ratio of 0.62. The max pain point for the expiry currently stands at $69,000. 21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000?

Eine Stablecoin ist eine Art von Kryptowährung, die darauf ausgelegt ist, ihren Wert stabil zu halten, indem sie an den Wert eines anderen, stabileren Vermögenswerts, wie z.B. einer Währung (meistens den US-Dollar) oder eines Rohstoffs, gebunden ist. Dieses Konzept steht im Gegensatz zu anderen, volatileren Kryptowährungen wie Bitcoin oder Ethereum, deren Preise stark schwanken können. Stablecoins dienen als Brücke zwischen der Welt der...

Bitcoin cash is eyeing a fresh increase above the $650 resistance against the US Dollar. The price is now trading below the $640 zone and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance at $655 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $650 and $655 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $600 against the US Dollar,...

One week before the halving, the Bitcoin network is faced with another wave of hot demand, with some coming from a now familiar source: Ordinals traders. As of Thursday, data from mempool.space shows that Bitcoin users are paying over 90 sats/vByte of block space, placing the average cost of a transaction at $8.50 apiece. Ordinals Make Their Comeback The surge in fees has corresponded with an uptick in daily Ordinals inscriptions, which tallied over 162,000 on Thursday...

Voyager Digital has announced the recovery of $484.35 million from settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance. The announcement was part of a status update submitted to the United States Bankruptcy Court for the Southern District of New York, outlining the efforts to recover and allocate assets to creditors following the company’s financial decline. $450 Million FTX Settlement and Major Recoveries According to an April 9...

[PRESS RELEASE – London, United Kingdom, April 11th, 2024] Metacade, the leading blockchain gaming platform, takes a monumental leap forward with the integration of multi-chains into its ecosystem. This Omni-layer development provides universal application reach, resolving blockchain fragmentation and empowering builders across diverse chains. The rapid integration of the Metacade Tournament Platform with the Base Layer 2 Rollup within 12 hours showcases Metacade’s technical...

[PRESS RELEASE – INDIANAPOLIS, INDIANA, April 11th, 2024] Polkadot Community Fuels Groundbreaking Sports Sponsorship, Showcasing Blockchain’s Transformative Potential Marking a historic first in the sports world, the Polkadot community has used an on-chain community vote to select IndyCar racing star Conor Daly as Polkadot Brand Ambassador for the upcoming Indianapolis 500. This sponsorship represents the first time a major athlete’s sponsorship has been decided by a...

Edgar Pavlovsky, the founder of MarginFi, announced his resignation on Wednesday following an internal dispute within the protocol’s builder, Mrgn. Pavlovsky’s abrupt exit resulted in withdrawals from investors, causing MarginFi’s Total Value Locked (TVL) to plummet by $120 million. Uninterrupted Operations Pavlovsky announced his resignation from MarginFi, expressing dissatisfaction with internal and external practices. He stepped away from all aspects of MarginFi, including...

The cryptocurrency market kicked off the week with most of the top cryptocurrencies trading on the green, and XRP is among them, exchanging hands at $0.61 at press time. After analyzing the asset’s monthly chart, Dark Defender – a well-known crypto analyst who commonly breaks down the price action of altcoins – concluded that XRP is poised for a significant price increase. He anticipates that it will break out of its current price range and make substantial gains in April,...