Bitcoin price dip to $39.2K places BTC back in ‘bear market’ territory

Bitcoin price dip to $39.2K places BTC back in ‘bear market’ territory

The cryptocurrency market took a turn for the worse on April 11 after concerns related to rising inflation, the prospect of several more interest rates by the U.S. Federal Reserve and fear of a global food shortage led to widespread weakness across global financial markets. Data from Cointelegraph Markets Pro and…

ETH devs implement first-ever ‘shadow fork’ as PoS testing continues

ETH devs implement first-ever ‘shadow fork’ as PoS testing continues

Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus.  The shadow fork provides a venue for developers to stress test their assumptions around the network’s complex shift to PoS, according to Ethereum Foundation developer Parithosh Jayanthi….

Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11

Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11

Last week, there was a lot of regulatory talk about crypto-related risks. While this is very common in itself, some angles and proposed solutions to such risks came across as novel. In the United States, the Federal Deposit Insurance Corporation (FDIC) issued a letter to commercial and savings banks under…

Crypto seen as the ‘future of money’ in inflation-mired countries

Crypto seen as the ‘future of money’ in inflation-mired countries

Last year, cryptocurrencies reached a “tipping point,” according to Gemini’s 2022 Global State of Crypto report, “evolving from what many considered a niche investment into an established asset class.”  According to the report, 41% of crypto owners surveyed globally purchased crypto for the first time in 2021, including more than…

Swiss public exchange lists two new carbon-neutral crypto ETPs

Swiss public exchange lists two new carbon-neutral crypto ETPs

Two new carbon-neutral cryptocurrency exchange-traded products (ETPs) have been launched on the Six Swiss Exchange, bringing the total number of crypto ETPs to 155. The SIX Swiss Exchange just announced on Monday that Helveteq is introducing two new crypto exchange-traded products (ETPs), Bitcoin (Bitcoin Zero / BTCO2) and Ethereum (Ether…

BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week

BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD fell in the final hours of April 10. There is a feeling of…

Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network. Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped…

Solana NFT Marketplace Integration and DApp Metrics Shine Even After SOL’s 20% Drop

Solana NFT Marketplace Integration and DApp Metrics Shine Even After SOL’s 20% Drop

On April 2 after an incredible 82% rally over a 20 day period Solana (SOL) price reached $143.50. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce, but it could have confused investors because of the current 22.7% decline. The rally started after Coinbase…