Tag: bitcoin trader

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Bitcoin and Ethereum Trim Losses But Recovery Could Face Hurdles

  Bitcoin price spiked below the USD 43,000 level before recovering. BTC is currently (11:46 UTC) consolidating near USD 48,000 level. If there is an upside correction, the price could face resistance near USD 44,000. Similarly, most major altcoins might struggle to recover losses. ETH might face resistance near the USD 3,300 level. XRP could…
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Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices

Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100. Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to…
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‘Bitcoin Is Being Embraced’ by the Government & Regulatory Future Is ‘Bright’ – MicroStrategy’s Saylor

  Bitcoin (BTC) is “being embraced” by the US Government, and the regulatory future for the asset is bright, MicroStrategy CEO Michael Saylor said during a discussion at the Bitcoin 2022 conference on Thursday…. Read More: ‘Bitcoin Is Being Embraced’ by the Government & Regulatory Future Is ‘Bright’ – MicroStrategy’s Saylor  Read more »Pay, Trade,…
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WAGMI United dreaming of domestic promotion following Crawley Town acquisition

The founders of the U.S investment group, Preston Johnson and Eben Smith, are highly-regarded for creating popular NFT projects Pixel Vault and PunksComics, and Digital Collectibles Agency, respectively. Following an unsuccessful venture in purchasing English football team Bradford City F.C in December 2021, WAGMI United — an innovative Web3 brand utilizing blockchain mechanics and the…
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NFT Market Shows Signs of Maturing as Sales Expand Beyond Ethereum

  Between January and March 2022, non-fungible token (NFT) trading volumes cooled down from a hot January start, but the number of trades increased significantly in networks outside Ethereum (ETH) — indicating an expanding NFT market with broadening adoption across the ecosystem, according to a recent report released by and dapp information provider DappRadar…. Read More:…
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A Small Survey Shows that US Crypto Investors Have Big Problems with Taxes

  Amid the looming April 18 tax filing deadline in the US, as much as 96% of surveyed crypto investors had not filed their tax returns as of March 27, and 74% want more information on how to file taxes from their crypto exchanges, according to a small survey commissioned by crypto portfolio tracking and…
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Robinhood rolls out wallets to 2M waitlisted users, plans to integrate Lightning

The crypto wallet will not support Ethereum-based services like nonfungible tokens and ERC-20 tokens. Cryptocurrency and stock trading app Robinhood will roll out its digital wallet feature for 2 million additional users. In a Thursday announcement at the Bitcoin 2022 Conference in Miami, Robinhood chief product officer Aparna Chennapragada said eligible customers who had been…
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Former US Senator and House member joins Crypto Council for Innovation

Sheila Warren said the addition of Cory Gardner was based on his experience “to build a stronger economy and support innovation” as well as his commitment to Web3 and crypto. Cory Gardner, who served as a United States senator for Colorado from 2015 to 2021, has joined the Crypto Council for Innovation, a crypto advocacy…
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FTSE 100 Company, Entain, Deploys Syntropy to Improve Global Network Performance

PRESS RELEASE. PALO ALTO – April 7th, 2022 — Syntropy, a transformative Web3 connectivity company, announces its new customer – the sports betting and gaming giant, Entain. The FTSE 100 company is leveraging Syntropy’s global relay network with its decentralized autonomous routing protocol (DARP) to connect the company’s data centers across the globe. Syntropy’s technology…
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Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services

At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in bitcoin” service that allows users to auto-invest their work pay into bitcoin. Cash App Adds 3 New Bitcoin Services Jack Dorsey’s…
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