Today, Coinbase send this email to its EU customers: `Dear Coinbase Customer, On 31 March, the EU Parliament will vote on its proposal for a new crypto surveillance regime. You may have already read the blog post from our Chief Legal Officer, Paul Grewal, about making your voice heard. We believe it is especially…
Read more
Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase […]
submitted by /u/DailyGweiBot [link] [comments]
Bitcoin and other cryptocurrencies appear to be gaining traction, as the first quarter winds down. Crypto has reached the $2 trillion threshold and is proving surprisingly resilient in the face of global uncertainty. As of Tuesday, Bitcoin has totally recovered from its early-year losses. BTC fell from $47,733.40 to $35,070.10 in the first 30 days of the year and has since failed to regain ground. At Monday’s all-time high of $47,765, market leader bitcoin broke free from the confined $34,000-$44,000 bracket it had been trading in for the majority of 2022. The cryptocurrency is up 18% as a result of a steady rally from a low near $40,000 on March 21. As of Tuesday, the top crypto was trading at $47,899 on Coingecko, 16% in the last seven days. Bitcoin Shows Positive Signs Despite the favorable market action, analysts cautioned that it is premature to declare the end of Bitcoin’s price volatility. Market experts will reserve judgment on the volatility until the price maintains its current advances for at least another week. Its relative stability, at least compared to recent performance, stands in stark contrast to stock markets, traditional currencies, and even safe-haven gold, which have all been roiled by Russia’s invasion of Ukraine and the Federal Reserve’s tightening. Related Article | Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? BTC total market cap at $908.44 billion on the daily chart | Source: TradingView.com According to futures trading website Coinglass, its 30-day volatility is around 4%, over two-thirds that of June 2021. On March 16, this year’s high was 4.56%. This indicator reveals a currency’s deviation from its own regular norms, and bitcoin has continued to see wild swings, including a 17% spike on March 1. It is, however, far less volatile than it was in 2021, when it was capable of fluctuating by up to 40% in a single day. Touching The $2 Trillion Mark According to analytics firm CoinMarketCap, the cryptocurrency market’s total worth exceeded $2 trillion on Friday. To put it into perspective, on Nov. 10, when bitcoin hit $69,000, the market briefly surpassed $3 trillion. The slow climb back above $2 trillion has been supported by the proliferation of coins and tokens – CoinMarketCap now lists 18,511 cryptocurrencies, an increase of roughly 5,000 since November. Related Reading | Bitcoin Hashrate Swells 15% Since Last Week As Analysts Expect Mining Difficulty To Increase While Bitcoin continues to be the most valuable cryptocurrency, its market share has gradually decreased from 70% of total value in early 2021 to 42% on Tuesday. Numerous cryptocurrency investors believed they could discern bitcoin’s fate in advance of the temperamental cryptocurrency abandoning them financially. Meanwhile, Ethereum (ETH) reached a daily high of $3,431 per unit around the same time as Bitcoin (BTC). At the moment, bitcoin (BTC) controls approximately 40.3% of the $2.26 trillion market, while ethereum (ETH) controls 18.1%. Featured image from Vauld, chart from TradingView.com
Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar.
Hi guys. If you don't already know it, this is the no-official newsletter about Curve Finance. If you don't have time to be 24-7 on Twitter. This is a good way to follow what is happening https://cryptouf.substack.com/p/whatup-on-curve-73 submitted by /u/cryptouf [link] [comments]
Metaverse Fashion Week demonstrated how brands and designers can further engage with consumers using NFTs.
submitted by /u/sonytt763 [link] [comments]
$48,000 is hit for the first time this year, with previously cautious commentators increasingly flipping bullish.
LUNA price chart technicals are hinting at a possible 50% price drop in the coming weeks, however.
