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“# Bitcoin hits $57K in surprise surge to almost erase April BTC price crash ” Bitcoin (BTC) retook $57,000 on April 30 as a surprise bullish end to month took traders by surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $4.2 billion expiry gives way to big Bitcoin gains Data from Cointelegraph Markets Pro and Tradingview showed…
“#Mila Kunis thought Ashton Kutcher’s Uber investment was bad idea” “Sometimes you shouldn’t listen to your wife.” Or so said Mila Kunis on Thursday’s episode of “The Late Show With Stephen Colbert” while discussing the sometimes less-than-stellar investment advice she’s given to her husband, Ashton Kutcher. Namely, Kunis had previously discouraged the 43-year-old actor from…
“# 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…
“# MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead ” MicroStrategy, the company which owns over 91,000 Bitcoin (BTC), saw an astounding surge in revenues in Q1, its latest figures confirm. In a press release on April 30, CEO Michael Saylor revealed that the company’s success had gone far…
“# Biden’s capital gains tax plan to pull crypto down to earth from the moon? ” There are often multiple causes for an asset’s sharp decline, but Bitcoin’s (BTC) 10% “nosedive,” which took place on April 22, may be blamed on the Biden Administration’s reported plan to tax capital gains at double the current rate…
“# Turkey jails 6 in probe into missing Thodex crypto exchange CEO ” Turkish authorities are progressing with an investigation into local cryptocurrency exchange Thodex, which abruptly halted trading last week. On Thursday, a Turkish court jailed six suspects pending trial, including siblings of the missing CEO and senior company employees, Reuters reported. As part of…
“# Uzbek presidential agency proposes legalizing domestic crypto trading ” A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies. The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document proposing several amendments to licensing procedures for crypto trading. NAFT proposed to…
“# Intercontinental Exchange sells Coinbase stake for $1.2B ” Intercontinental Exchange, the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold its 1.4% stake in the newly Nasdaq-listed cryptocurrency firm Coinbase. Announcing the news Thursday on a financial results call for the first quarter of 2021, ICE…
“# BNY Mellon fund laments: ‘We should have bought Bitcoin, not gold’ ” U.S.-based financial institution BNY Mellon, the world’s largest custodian bank and asset servicing company, states that the recent performance of one of its exchange-traded funds, or ETFs, was significantly impacted by its lack of exposure to companies investing in Bitcoin. The BNY…
“# 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…