Commodity Futures Trading Commission (CFTC) to identify cryptocurrency developers and offer spot goods. The rules of the exchange on which the transaction is made.
A bipartisan bill giving the CFTC powers over exchanges and stablecoins
On April 28, a bipartisan group of lawmakers in Washington, D.C. filed a revised bill under the Digital Commodities Exchange Act that would empower the U.S.
#Crypto#ETH
Goldman's first bitcoin-backed loan.
Goldman Sachs offers the first Bitcoin (BTC)-backed loan. This marks a major step forward for institutional cryptocurrency adoption on Wall Street.
#Crypto#USDT
Goldman's first bitcoin-backed loan.
Goldman Sachs offers the first Bitcoin (BTC)-backed loan. This marks a major step forward for institutional cryptocurrency adoption on Wall Street.
#BITCOIN#BTC
⚡️ stablecoins
🔹 As an alternative, stablecoins via stable algorithms or cryptography (e.g. $UST, $DAI and $FRAX) have grown exponentially in supply and market cap in recent months, but still account for less than 20% of the total stablecoins %
#BITCOIN#Ethereum
⚡️ Market April 29
🔹 Market Statistics:
- Total market capitalization of $1.913 billion.
- 24-hour trading volume: $105 billion.
- Liquidated 54,679 traders with total assets of $192 million (close to 59% long-short ratio).
- Greed and fear index: 23 extreme fear
#BITCOIN
⚡️ Market April 29
🔹 Market Statistics:
- Market cap: $1,897 billion
- Fear and Greed Index: 23 (extreme fear)
- BTC dominance: 40.15%
- The ratio of longs to shorts is almost flat.
#Crypto#USDT
IMF warns Russia against using cryptocurrencies to avoid sanctions
The International Monetary Fund says Russia can use the cryptocurrency world to bypass Western sanctions imposed on the country since it invaded Ukraine in February.
#Bitcoin#BTC
⚡️ Bitcoin's halving era.
🔹Compared to previous periods, now we are in a stagnant, accumulation phase that, historically, usually ends with capitulation, followed by rapid growth.
#Bitcoin#BTC
New York bill banning PoW mining enters next phase.
A New York state bill to ban proof-of-work (PoW) crypto mining for at least two years was brought to the New York Assembly this week in an effort to meet the city’s carbon emissions goals.
#Cryptos#BTC
New York bill banning PoW mining enters next phase.
A New York state bill to ban proof-of-work (PoW) crypto mining for at least two years was brought to the New York Assembly this week in an effort to meet the city’s carbon emissions goals.
#Bitcoin#BTC
Bored Ape NFT was hacked again.
Bored Ape Yacht Club's Instagram and Discord servers were hacked. Hackers managed to steal more than $3 million worth of NFTs by posting a phishing link that moved tokens out of users’ encrypted wallets.
#cryptocurrecy#DeFi
Elon Musk buys Twitter for $44 billion.
On Monday, April 25, Tesla CEO Elon Musk completed the acquisition of Twitter for about $44 billion, subject to approval by Twitter shareholders.
#Bitcoin#BTC
Akustars smart contract bug leaves $33 million inaccessible
Akustars, a highly anticipated NFT project, lost $33 million due to a smart contract bug, causing its auction to be disrupted and even denying developers $33 million.
#Bitcoin#ETH
Criminalize rug pulling and other cryptocurrency fraud
Senator Kevin Thomas of New York sought to provide prosecutors with a clear legal framework to fight crypto crimes in the spirit of blockchain while criminalizing rug pulling and other crypto fraud.
#Crypto#DeFi
Bitcoin closed the week below $40,000.
BTC/USD failed to re-break the $40,000 mark before the weekend, according to TradingView. Leaving BTC/USD at $38, $938, the spot price at the time of writing is the lowest weekly close since the week of March 7.
#Bitcoin#USDT