Imagine, if you will, a world where one can purchase packs of Pokémon, football, basketball, and baseball cards, all from the comfort of one’s chaise longue. Starting at a mere $25, these packs ascend to a staggering $2,500 for the truly extravagant. Quite the range, wouldn’t you say? From the dilettante collector to the high-rolling investor, there’s something for every soul with a penchant for cardboard and luck.
This price increase isn’t straightforward. Although the price is trying to go up, we’re seeing fewer people genuinely participating and more speculation. This mixed situation suggests a potential breakout, but also carries the risk of a temporary rise followed by a decline – a ‘bull trap’ instead of a lasting upward trend.
With the bravado of a circus ringmaster, Saylor proclaims in his latest tweet that STRC’s volatility resides comfortably within the cozy confines of the money-market realm. Meanwhile, he dismisses everything else as mere noise. The figures speak for themselves: a historical volatility of merely 1.7% over 30 days-a figure so low it might as well be resting on a beach chair sipping a piña colada, while Bitcoin itself rages on at a staggering 38%, gold at 36%, and the S&P 500 index at a respectable 20%.
Binance Wallet now offers perpetual futures trading on its app and website. To celebrate, they’re running a special campaign from April 14th to 28th where users who trade at least $1,000 in perpetual contracts will earn 3 Alpha Points, with rewards distributed by May 12th. This new feature, built with Aster, allows users to trade leveraged perpetuals – including cryptocurrencies, stocks, ETFs, and commodities – directly from their Binance Wallet on BNB Smart Chain.
People who lost money in the massive OneCoin cryptocurrency fraud may now be able to get some of it back. U.S. officials have started a process for victims to claim funds recovered from the scheme. Although the amount recovered is still small compared to the total fraud, this is an important step toward compensating those affected. The focus now is on how many victims will be able to submit successful claims and receive payments.
On April 14, Tether released tether.wallet, a new self-custodial software wallet. This marks the company’s first step into offering products directly to consumers, rather than just issuing stablecoins. The wallet keeps users’ private keys secure on their device, signs transactions locally, and gives users full control of their recovery phrases. It currently supports several assets Tether has developed, including USDT and USA₮ (dollar-backed stablecoins), XAUT (gold), and Bitcoin – both directly on the blockchain and through the Lightning Network. Essentially, it’s one app for four different assets, with users maintaining complete control of their funds.
Memecoins, you see, are rather like the late arrivals to a party – always fashionably tardy, but once they turn up, they make quite the splash. With various setups aligning like the stars on a clear night, these crypto chappies are shifting from a spot of consolidation to a full-blown expansion. The question on everyone’s lips, or at least on the lips of those not too busy sipping their champagne, is: Are these tokens about to have a jolly good rally in April?
Rakuten Wallet, the digital asset service from Japan’s Rakuten ecosystem, will begin offering XRP for immediate purchase tomorrow, along with Stellar, Dogecoin, Shiba Inu, and Toncoin. What’s really new is that Rakuten users will be able to turn their Rakuten Points directly into XRP and then use it to pay for things with Rakuten Pay throughout Japan.
According to the wizards at crypto.news, Chainlink (LINK) price did a little Tuesday tango, rallying nearly 8% to $9.40, locking in a 13% gain from its monthly low. Still, it’s down 25% since the start of the year, which is about as encouraging as a flat tire on a rainy Monday.