Bitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility. “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 cut sent
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
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
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
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
Multichain decentralized application (DApp) protocol Astar Network will launch the second iteration of its smart contracts that supports both Ethereum Virtual Machine (EVM) WebAssembly Virtual Machine (WASM VM) on its mainnet on April 6. In an announcement sent to Cointelegraph, Astar Network founder Sota Watanabe explained that the new update would allow the creation of
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
Bitcoin started the week consolidating above the $28,000 level, as markets prepare for a big week of U.S. economic data. The headline will be this Friday’s nonfarm payrolls, which are expected to fall to 238,000 jobs. Ethereum remains above $1,800 as of writing. Bitcoin Bitcoin (BTC) started the week consolidating around the $28,000 level, as
Worldcoin, a project co-founded by Sam Altman, who is also a co-founder of artificial intelligence (AI) startup Openai, announced the launch of World ID, a digital proof of personhood ID protocol. The protocol allows for an AI-resistant verification of humanness online, using a device called the orb to scan the iris of each person for
XRP community attorney John E. Deaton, who is representing the holders of the token in the lawsuit between Ripple and the US Securities and Exchange Commission (SEC), has outlined in a new Twitter thread why the definitions of “investment” and a “contract” are fundamental to the district court’s ruling. Paul Grewal, the Chief Legal Officer
Maximal Extractable Value (MEV) bots who were trying to perform “sandwich trades” got outsmarted by a rogue validator, leading to a loss of $25 million worth of digital assets. In a tweet, blockchain security firm CertiK highlighted that bots trying to execute sandwich transactions — spotting when traders are trying to purchase tokens and getting
Bitcoin (BTC) starts a new week in volatile territory, with news of an oil supply cut delivering a choppy start. Still caught at major historical resistance, BTC/USD delivered an unappetizing weekly close on news of oil production cuts. A subsequent rebound may show bulls’ mettle, but the question for analysts is what happens next. Will
Italy’s ban on conversational artificial intelligence (AI) ChatGPT sparked major controversy among the tech industry as well as in the country. The Italian Deputy Prime Minister Matteo Salvini expressed criticism that the block over privacy concerns seemed excessive. On Friday, following concerns raised by the national data agency about possible privacy violations and failure to
Bitcoin (BTC) market liquidity has dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the bank run in the United States and the ongoing regulatory actions against crypto companies. The liquidity situation in crypto is worsening after the banking fears this month I
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for
Paris Blockchain Week celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil malaise. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue. The event took place against the backdrop of ongoing protests in
Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin explained in a March 31 post that it’s possible to integrate a zk-EVM on the base layer without compromising on decentralization and security. The technology enables Ethereum
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics reveal that Russian families keep more money in cryptocurrency wallets than in gold investment accounts or mutual funds. Russia’s Central Bank Evaluates Cryptocurrency Holdings of Russian Households The Central Bank of the Russian Federation (CBR)
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known
A new daily all-time high (ATH) has been recorded for the number of Ordinals inscribed on the Bitcoin (BTC) network due to a recently launched “token standard” for the blockchain. Bitcoin Ordinals reached 58,179 inscriptions on April 2, smashing the previous all-time high (ATH) of 31,692 on March 9 by 83.5% according to Dune Analytics