Bitcoin and Ethereum lead a wave of excitement over future crypto gains, with analysis concluding that the "bottom is in."
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Bitcoin price spikes above $31K as Ethereum gains spark 'altseason' calls
Bitcoin and Ethereum lead a wave of excitement over future crypto gains, with analysis concluding that the "bottom is in."
Bitcoin price spikes above $31K as Ethereum gains spark ‘altseason’ calls
Bitcoin (BTC) broke through $31,000 on April 14 as bulls hoped altcoins would soon follow.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst eyes potential dip under $30,000
Data from Cointelegraph Markets Pro and TradingView captured new 10-month highs of $31,035 for BTC/USD on Bitstamp.
The pair had risen gradually the day before after a consolidatory period around new macroeconomic data prints from the United States.
These had furthered the bullish risk asset narrative, with the Consumer Price Index (CPI) and Producer Price Inflation (PPI) prints showing inflation slowing faster than expected.
While Bitcoin did not react immediately, the latest uptick reinforced market participants’ convictions over continued strength and a break with the long-term downtrend.
What happens to your NFTs when you die?
Ajay Prashanth, an executive at NFT insights platform Bitscrunch, said that setting up smart contracts to automate the NFT transfer after death is "technically feasible."
Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down due to the inability to raise funds and advises users to withdraw funds before April 30.
Metaverse for youth: Meta urged to ban minors from virtual world
Now only allowing users from 18, Meta also wants to open up its metaverse app Horizon Worlds to users aged 13 and 17.
HashKey launches wealth management service citing ‘significant’ demand
Hong Kong’s HashKey recently received a number of licenses from local regulators, allowing it to expand its range of products and services.
Uniswap proposal to launch on Polygon zkEVM is set to pass
Decentralized exchange (DEX) Uniswap is seemingly set to launch on the new zero-knowledge Ethereum Virtual Machine (zkEVM) roll-up solution from scaling solution provider Polygon.
While Uniswap (UNI) token holders have until April 14 at 9:05 pm UTC to vote on the proposal to launch Uniswap v3 on the zkEVM, the 40 million vote threshold needed for the proposal to pass it has already been reached — with over 42.4 million votes recorded in favor of the integration.
All 191 Ethereum addresses voted in favor of the proposal with financial modeling platform Gauntlet and Ethereum infrastructure provider ConsenSys leading the voting tally with over 7 million votes each according to Tally, a voting dashboard for decentralized finance projects:
Top votes in favor of integrating Uniswap v3 on Polygon zkEVM. Source: TallyThe author of the proposal, Polygon Business Development Lead Jack Melnick, explained that now is the “right moment” to make Uniswap v3 available on Polygon’s zkEVM because it is “EVM equivalent” — meaning that there is no need to recompile EVM smart contracts:
“There’s significant value in Uniswap being available on an EVM compatible ZK rollup. Deploying early on zkEVM helps solidify Uniswap’s place as the number one DEX and a thought leader.”
Uniswap proposal to launch on Polygon zkEVM is set to pass
All 191 UNI token holders voted in favor of the proposal to launch the DEX on Polygon's zkEVM.
Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar
Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.
Asia’s current gaming domination ‘crucial’ for Web3 games: DappRadar
Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.
Bitcoin’s dominance knocked by ETH’s post-Shapella rally
In the last 24 hours, Bitcoin's percentage of the crypto market cap retreated by nearly 1% while Ether gained just over 1.1%.
Bitcoin’s dominance knocked by ETH’s post-Shapella rally
In the last 24 hours, Bitcoin's percentage of the crypto market cap retreated by nearly 1% while Ether gained just over 1.1%.
OpenBazaar marketplace says it's set to ‘grow again from the ashes’
After shutting down in 2020 due to financial issues and poor user growth, the decentralized marketplace appears set to rise again.
Ethereum researcher says staking reveals IP address sparking privacy concerns
A researcher at the Ethereum Foundation said he had “internally” discovered that staking Ether reveals a user's IP address information.
EOS EVM to allow interoperability across Ethereum, EOS
EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future.
Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express
Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.
Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments.
Bitcoin’s day of glory on Chinese TikTok
On Apr. 10, Douyin, the version of Tiktok exclusive to Chinese users, began publishing price quotes related to Bitcoin (BTC) and other cryptocurrencies such as Ethereum (ETH), Dogecoin (DOGE), and Ripple (XRP). The move sparked rampant speculation among the Chinese media and users alike related to a potential change of policy by the country’s central government on cryptocurrency regulation.
Unlike its Western counterpart, content on Douyin is heavily monitored and sometimes censored by Chinese authorities. Since Sept. 2022, Douyin has been cracking down on content relating to cryptocurrencies, NFTs, and Metaverse.
Hence, many individuals were genuinely surprised to see cryptocurrencies discoverable on the government-curated platform. For around 24-hours, any of Douyin’s estimated 730 million mainland Chinese users could freely view crypto price quotes on the app. However, dreams of a relaxation in the country’s strict crypto laws were crushed shortly thereafter. On Apr. 11, Bitcoin and cryptocurrencies price quotes were removed from Douyin, with a message stating:
“Based on relevant national regulations, unofficial digital currencies do not possess the same legal standing as fiat currencies. Please invest cautiously.”
Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express
Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.
Bitcoin glory on Chinese TikTok, 30M mainland users, Justin Sun saga: Asia Express
Bitcoin’s day of glory on Chinese TikTok, 30M crypto fans still in China, Justin Sun’s subpoena after dream rendezvous with Web3 socialite.