Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Today's CPI report highlighted a slight decline in inflation, a development which could put a strong price floor beneath Bitcoin and select altcoins.
Posts published by Cointelegraph.com News 512/658
T. Rowe Price, WisdomTree join Avalanche subnet for forex testing
If initial tests are successful, the firms will expand their activities into tokenized credit issuance and equities.
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled.
Swedish Riksbank report looks at collaboration with potential e-krona in retail payments
The Swedish central bank’s third report on a potential CBDC raised several issues while focusing on a rather narrow question.
OpenSea collector pays 100 ETH for a free NFT: Nifty Newsletter, April 5–11
LooksRare releases an upgrade that lowers its fees by 75% to compete with OpenSea and Blur.
Ethereum price metrics hint that ETH might not sell-off after the Shapella hardfork
ETH traders are exercising caution ahead of the April 12 Shapella hardfork, but the signal to watch is staking unlock requests.
FTX has recovered $7.3B in assets, will consider rebooting exchange
Sam Bankman-Fried's failed cryptocurrency exchange filed for bankruptcy in November 2022 and has since been mired in court proceedings.
Euler Finance opens redemptions after hacker returns funds
The Ethereum lending protocol was exploited in a $197 million flash loan attack in March.
Swiss court gives green light for FTX to sell its European arm
The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11.
LayerZero’s multi-chain ecosystem grows as airdrop hunters ramp up their efforts
Applications built on LayerZero’s cross-chain messaging protocol are gathering momentum primarily due to excitement over a potential airdrop.
‘Bitcoin is a gambling token, and it doesn’t have any intrinsic value’ — Warren Buffett
The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking and chain letters.
Ethereum traders show uncertainty ahead of today’s Shapella hardfork: Report
Ether’s market performance and derivatives metrics have lagged behind Bitcoin, possibly due to traders’ expectation of heavy sell pressure after the Shapella upgrade.
ApeCoin surges 1,950% on South Korean crypto exchange Upbit
The APE/BTC trading pair reached an all-time high of around $90 apiece on the exchange.
Who watches the watchers? CryptoHarlem founder Matt Mitchell explains why surveillance is the enemy
CryptoHarlem founder Matt Mitchell says government and corporate surveillance and citizens’ inability to protect against it are great threats to personal security.
5 programming languages to learn for AI development
Python, Lisp, Java, C++ and R are popular programming languages for AI development.
Pro-XRP lawyer John Deaton ‘10x more into BTC, 4x more into ETH’: Hall of Flame
He’s best known as the “pro-XRP lawyer,” but John Deaton was actually “10 times more into Bitcoin and four times more into Ethereum.”
Why is Dogecoin (DOGE) price down today?
Elon Musk's Twitter removed the Dogecoin logo from its home button, pouring cold water on expectations that DOGE payments are coming.
Binance CEO CZ: Regulators need deep understanding crypto for proper rules
Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity.
Bitcoin price rivals 10-month high as CPI data beats expectations
BTC price performance gets a fresh boost from strong U.S. inflation data, with Bitcoin bulls eyeing a clean trend breakout.
NFT warranties can help mass adoption of the technology, says Web3 exec
A new NFT warranty service says that protecting collectible digital assets of value can help provide “a sense of security and trust” and encourage new users.
Bitcoin price teases $30K breakdown ahead of US CPI, FOMC minutes
BTC price action becomes less sure of itself as a slew of U.S. macro data promises volatility across Bitcoin and risk assets.
Validator service to use API for ETH staking process
The project is also targeting institutional investors by allowing the setting up of 1,000 validators for ETH staking within its platform.
Bitcoin gaming enters Africa with local crypto exchange partnership
The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations.
OpenAI launches bug bounty program to combat system vulnerabilities
OpenAI has set up a bug bounty program to address privacy and cybersecurity issues, and it will reward security researchers for identifying and addressing system vulnerabilities.
Spanish tax agency to send over 328K notices to crypto holders
According to fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year.
Elon Musk reportedly buys thousands of GPUs for Twitter AI project
According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at Twitter.
Argentina securities regulator approves Bitcoin futures index
The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May.
Brooklyn court charges former banker for allegedly defrauding crypto investors
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments.
Ren Protocol transfers all assets to FTX debtors’ wallet in case of shutdown
Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech.
How to buy or sell Bitcoin without using a centralized crypto exchange?
With the fall of P2P exchanges like Paxful and LocalBitcoins, the question of how to buy or sell crypto without using CEXs is a pertinent one.