This week, the Japanese yen plummeted to its lowest point since 1990 against the U.S. dollar, weighed down by Japan’s monetary policy and uncertain economic indicators from the United States. Japanese Yen’s Rapid Decline Triggers Talk of Market Intervention The yen’s sharp drop to 158.283 per dollar signals a substantial downturn for the currency. This […] Source: https://news.bitcoin.com/japanese-yen-tumbles-to-34-year-low-against-soaring-us-dollar/
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the…
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Over the last 100 blocks, bitcoin miners averaged about 3.55 BTC for each block they mined, indicating that bitcoin miners are receiving less than half a BTC per block in onchain fees. Bitcoin Miners […] Source: https://news.bitcoin.com/financial-squeeze-tightens-for-bitcoin-miners-as-earnings-continue-to-fall/
JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency. Former FTX CEO Sam Bankman-Fried has agreed to a settlement that involves cooperating with legal actions against celebrities linked to FTX’s collapse. U.S. analysts are evaluating the impact of the proposed […] Source: https://news.bitcoin.com/dimon-doubles-down-on-bitcoin-dislike-sbf-to-aid-legal-action-against-celebrities-and-more-week-in-review/
Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action. Source: https://cointelegraph.com/news/crypto-trader-best-altseason-since-2017-bitcoin-price
The founder of Io.net will host a livestream on April 28 to demonstrate live cluster creation and rest the fear, uncertainty and doubt. Source: https://cointelegraph.com/news/io-net-responds-to-gpu-metadata-attack
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt Crypto Twitter this week was dominated by the industry’s new hottest topic, Bitcoin Runes—plus a steaming hot serving of legal drama…
The Naira recently depreciated by 12% in just seven days, thus shedding all the gains it made against the U.S. dollar in early April. Local media reports attribute the volatile naira’s latest drop to the growing mismatch between the supply and demand of foreign exchange. Demand and Supply Mismatch Just weeks after nearly breaching the […] Source: https://news.bitcoin.com/nigerian-currency-reverses-early-april-gains-depreciating-by-12-in-seven-days/
According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses. Source: https://cointelegraph.com/news/doj-challenges-motion-to-dismiss-tornado-cash-co-founder-s-charges
The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC) information. FBI’s Crypto Warning The […] Source: https://news.bitcoin.com/fbi-warns-against-using-unregistered-cryptocurrency-money-transmitting-services/
