The IMF Accidentally Advertises Bitcoin | Curated CoinCodeCap #20 April 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Our Blockshots Podcast 🎙️🎤
This week we speak to Rahul S., the CTO of Connext network, a protocol building primitives for blockchain interoperability. We discuss cross-chain bridges, multi-chain dapps, and the UX challenges of current bridging solutions.
21Shares and ETF Securities Launch the World’s First Bitcoin and Ethereum ETFs in Australia
To make digital currencies more accessible to the public, crypto firms are making investment procedures easy. Recently, a Swiss-based issuer of crypto Exchange Traded Products (ETPs), 21Shares AG, and the top ETP provider, ETF Securities have announced the launch of two separate funds that will provide the mass a simple, low-cost, and direct access to investments in cryptocurrency. Keep Reading »
Here’s why the Crypto Exchange Bitfinex was Down for over 2 hours
Earlier today, the cryptocurrency exchange, Bitfinex, tweeted that they were facing issues with their platform and therefore, they had to halt trading. The exchange was not functioning for two hours from 11:00 UTC till 13:00 UTC. Keep Reading »
Robinhood acquires UK cryptocurrency firm Ziglu
Robinhood Markets Inc. agreed to acquire Ziglu Ltd. It is a London-based crypto and payments company. This has ended the U.S. brokerage’s long wait for international expansion. The exchange will provide Robinhood with a platform that will allow customers to trade 11 digital currencies as well as move and burn through cash internationally, Menlo Park, California-based company said with respect to Tuesday (April 19) in an articulation. Keep Reading »
CBA warns of Cryptocurrency Fake News Scam
The Commonwealth Bank of Australia (CBA) issued a statement on Tuesday (April 19). The statement issued was informing that CBA has come across a bogus news report that the bank was cooperating with a cryptocurrency trading platform. Keep Reading »
The IMF Accidentally Advertises Bitcoin
A feature, not a bug, was addressed by the IMF, which stated that Bitcoin mining allows these countries to directly monetize their energy. In its Global Financial Stability Report for April 2022, the IMF warned that a boom in Bitcoin and “crypto” use would jeopardize global financial stability. IMF stated that the Ukraine crisis, Bitcoin, and “crypto” exposed the weaknesses of the global financial system. Keep Reading »
Is Chedda Token a Scam Project?
CHEDDA has a 3% fee on every transaction; 1% is burned forever, and the other 2% is distributed to the CHEDDA team for continual development of the Project. Burning tokens on every transaction makes CHEDDA a deflationary asset. As a result, there will never be as many CHEDDA in circulation as there are now. Keep Reading »
Market Updates
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
SHIB Price Analysis April 2022
SHIB is a token of the Shiba Inu platform. Based on the writing, its current price is around $0.00002573, with the lowest point being $0.00000026, and it has a total market cap of 14.1 billion dollars. Keep Reading »
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
BTT Price Analysis April 2022
BTT is a token of the platform BitTorrent. Its current price is around $0.000001959 by writing, with a low of $0.000001691, and has a market cap of 1.8 billion dollars. Keep Reading »
Crypto to look out for this week BTC, ETH, COMP, DCR, EOS
The crypto market has been downward for the past few weeks. As Bitcoin continues to rise, other cryptocurrencies follow suit. The market has seen some turbulence as of late. Not all are concerned about this. As long as there is a sense that these coins will see growth in the future, many traders will buy and hold on to their positions. This week, we have a lot of interesting cryptocurrencies to look out for. Keep Reading »
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