On April 23, Bitcoin’s price hovered around $66,000 due to hesitant sellers preventing significant price movement. Liquidity keeps BTC price in tight range Based on information from CryptoMoon Markets Pro and TradingView, it appears that a new trading range has emerged in the cryptocurrency markets following the weekly market close. Last week, the price of … Read more
In Canada, Binance, a well-known cryptocurrency trading platform, is facing a new class-action lawsuit. The complainants accuse the company of breaking Canadian securities regulations. On April 19, Ontario’s Superior Court of Justice announced a certification hearing for a class action lawsuit versus Binance. The lawsuit accuses Binance of illegally selling crypto derivatives to individual investors, … Read more
To prevent a significant phishing scam, Velvet Capital, a decentralized finance (DeFi) asset management protocol, had to briefly take down its website. On April 23rd, cryptocurrency users noticed strange goings-on at Velvet Capital’s trading platform among its X community members. When attempting to link to the interface, they were required to grant permission to use … Read more
The head of payments at X predicts that in the future, a large number of users will have the ability to send funds to each other, buy merchandise from outlets, and accrue interest on their balances – similar to managing a traditional bank account – through the use of our platform. On April 22, Chris … Read more
According to Arkham, a blockchain intelligence firm, over two major cryptocurrency bridges, there are numerous unclaimed crypto addresses holding millions of dollars each. These funds may be considered “stranded” or “unintentionally overlooked.” In a post on April 22, Arkham mentioned that there are around sixty forgotten accounts with large balances, worth between six and seven … Read more
PayPal proposes enhancing the profitability of eco-friendly Bitcoin mining by offering extra incentives directly on the Bitcoin network for miners. PayPal’s Blockchain Research Team, in partnership with Energy Web and DMG Blockchain Solutions, suggested a method called “cryptoeconomic incentives” to motivate Bitcoin miners towards using eco-friendly energy resources in their operations, as mentioned in a … Read more