Bitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Watch for rugs” on BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered around $28,000 on Bitstamp. The weekend had finished on an erratic note as news of a Opec+ oil production…
Month: April 2023
Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains – Defi Bitcoin News
On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in Pancakeswap Version 3 On Monday,…
WonderFi merges with Coinsquare and CoinSmart to form regulated crypto asset platform
Canadian-based companies WonderFi Technologies Inc., Coinsquare Ltd., and CoinSmart Financial Inc. have announced their merger to create Canada’s largest regulated crypto asset trading platform with over 1.65 million registered users. The newly merged company will offer Canadians a wide range of diversified products and services, including retail and institutional crypto trading, staking products, business-to-business crypto payment processing, sports betting, and…
Buterin weighs in on zk-EVMs’ impact on decentralization and security
Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. Source: https://cointelegraph.com/public/index.php/news/buterin-weighs-in-on-zk-evms-impact-on-decentralization-and-security
The view from Paris Blockchain Week 2023: Web3 builds while the city burns
It was champagne and optimism for Paris Blockchain Week 2023 despite Parisian protests and economic uncertainty. Source: https://cointelegraph.com/public/index.php/news/the-view-from-paris-blockchain-week-2023-web3-builds-while-the-city-burns
ADA Snaps Losing Streak as BCH Moves to 10-Day High – Market Updates Bitcoin News
Cardano ended a two-day losing streak on Monday, as the token moved closer to a two-month high to start the week. Cryptocurrency markets were mostly lower in today’s session, with the global market cap down 0.36% as of writing. Bitcoin cash also climbed, hitting a ten-day high. Cardano (ADA) Cardano (ADA) snapped a two-day losing streak to start the week,…
Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism – Bitcoin News
Elizabeth Warren, the Democratic senator from Massachusetts, has recently launched a political campaign against cryptocurrencies as she seeks a third term in office in 2024. In a recent interview on “Meet the Press Reports” with NBC’s Chuck Todd, Warren likened buying bitcoin to “buying air.” Despite her stated distrust of banks, Warren told the show host that as far as…
Bitcoin liquidity drops to 10-month low amid US bank run
The banking crisis has impacted United States-based exchanges the most, with traders suffering due to increased price volatility. Source: https://cointelegraph.com/public/index.php/news/bitcoin-liquidity-drops-to-10-month-low-amid-us-bank-run
Japan FSA flags Binance, Bybit, others for operating without registration
In a warning letter released on Friday, Japan’s Financial Services Agency (FSA) said that a number of foreign cryptocurrency exchanges, including Binance, Bybit, MEXC Global and Bitget, have been conducting business in the country without proper registration, violating the nation’s fund settlement laws. According to the warning letter, the FSA stated that the listed exchanges had breached Japan’s fund settlement…
Are US-based crypto firms really being ‘choked’?
An extended market price drawdown (crypto winter) throughout 2022 has tested the crypto industry’s mettle, and more recently, a crackdown by United States regulators on some prominent entities like Coinbase, Binance and Kraken has further shaken the sector. So maybe it’s only natural for the industry to employ colorful, vivid language to describe what’s been happening. There’s a notion making…