Category: Cryptocurrency

Apr 26
US Senate confirms Lael Brainard as Fed vice chair

In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard as vice chair of the Federal Reserve System for four years. 484 Total views 5 Total shares After weeks of delays due,  in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member […]

Apr 26
Institutional investment flows out of ETH and into competing L1 altcoins

Analysis from CoinShares shows investors favored smaller altcoins last week as capital outflows for Ethereum hit $17 million. 9927 Total views 53 Total shares Institutional investors have shifted their attention from Ethereum to competing layer-1 blockchains of late, with capital inflows for altcoin investment products increasing last week while Ether (ETH) products posted outflows for […]

Apr 26
Crypto advocate mounts challenge to longtime Silicon Valley Congresswoman

In terms of policy, Greg Tanaka calls himself a legislator for the digital age and possibly the most pro-crypto person running in this election cycle. A member of the Palo Alto City Council, he has set his sights on the United States House of Representatives seat for California’s 16th, the Silicon Valley district. In an […]

Apr 26
Wen Lambo fixed? Mechanic receives first payment in Bitcoin to mend Lamborghini

When a Lamborghini owner didn’t have cash on them to pay for their repair job, they used Bitcoin to pay Kansas City welder JayFab. 615 Total views 15 Total shares The Bitcoin meme “Wen Lambo” might be making a comeback. For JayFab, a Redditor who owns and operates a welding and fabrication company, it’s certainly […]

Apr 26
Binance announces crypto card for Ukrainian refugees

The card will allow displaced Ukrainians to send and receive crypto payments and make transactions at retailers located in the European Economic Area. 2065 Total views 30 Total shares Global crypto exchange Binance has launched a crypto card that allows refugees from Ukraine to make crypto transactions and receive funds through the Binance Visa Card. […]

Apr 26
Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips

Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart “death cross.” 5547 Total views 7 Total shares Bitcoin (BTC) is facing a rare chart phenomenon that has historically resulted in 50% price drawdowns, new data shows. In a tweet on April 25, popular […]

Apr 26
Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria

Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist. 950 Total views 4 Total shares Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer Elon Musk purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 […]

Apr 25
‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems […]

Apr 25
New York legislators to vote on PoW mining moratorium this week

If passed, the suspension of both new licenses and renewal applications will last for two years. 706 Total views 72 Total shares New York’s legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns.  Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — […]

Apr 25
Meta will open physical metaverse-themed store in San Francisco Bay Area

The store, which will be located on the company campus in Burlingame, California, will feature a wall-to-wall curved LED screen that displays what users see using Meta VR headsets. 157 Total views 2 Total shares Social media giant Facebook’s parent company, Meta, will be opening a retail store in the San Francisco Peninsula offering hardware […]