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“# Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close ” Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy. Data from Cointelegraph Markets and TradingView shows that after a…
“# Got crypto? Here are 3 debit cards that let you spend your stack ” As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems. Despite its many applications, the original use case for Bitcoin…
“# Biggest one day USDC print in history marks lowest Bitcoin dominance in years ” More USD Coin (USDC) was printed on April 30 than at any time in the dollar-backed stablecoin’s existence, as just over $3 billion was minted in one fell swoop. New USD Coins are minted whenever a customer exchanges their U.S…
“# Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs ” Huobi Asset Management is looking to be the Grayscale of Asia with the launch of four cryptocurrency related tracker funds. The funds include a Bitcoin Fund, an Ethereum fund, a…
“# Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion ” Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and TradingView shows that since reaching a high above $56,400 on April 28, the price of…
“# ABBC Coin, AAVE and Fantom (FTM) rally higher after partnership announcements ” On April 29 Ether’s (ETH) price rose to another all-time high, boosting its market capitalization to over $320 billion. With the recent rally, Ether’s market cap has overtaken platinum and PayPal to become the 32nd most valuable asset in the world, according to…
“# Tether’s reserves are fully backed, according to latest assurance opinion ” Moore Cayman, a Cayman Islands-based accounting network, has again affirmed that Tether Holdings Limited’s USDT stablecoin tokens are fully backed by its reserves. In the latest report, signed on March 31 and released Thursday, Moore Cayman confirmed that Tether’s consolidated assets exceeded its…
“# Fantom surges 52% following network upgrade ” The token of smart contract platform Fantom, FTM, was subject to a 52% price increase leading into Thursday morning following the successful implementation of a new network upgrade. Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes that, according to a recent explainer…
“# Swiss Stock Exchange SIX and Borse Xetra list physically backed Ether ETP ” New York-based exchange-traded product sponsor and asset manager WisdomTree is expanding its digital assets range with the launch of a new Ether (ETH) exchange-traded product on two European stock exchanges. Borse Xetra and Swiss stock exchange SIX have both listed WisdomTree’s…
“# Bitcoin set to close first ‘red’ April in 6 years as Ethereum keeps hitting all-time highs ” Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting a new all-time high two weeks ag….