More Russians are disclosing their cryptocurrency incomes: report
By Helen Partz
Consulting firms like PwC Russia said that Russians have been increasingly reporting their income from cryptocurrency operations. The number of cryptocurrency holding disclosures in Russia has been on the rise over the past several months, according to a new report.Russian…
Bitcoin price stalls as traders warn BTC could dip lower than $55K
This week’s drop is not “convincing,” analyst Filbfilb says, echoing others’ misgivings about the likelihood of a short-term bullish continuation. Bitcoin (BTC) barely recovered its losses on April 9 as fresh doubts emerged about the bull run continuing this month. BTC/USD…
New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
By Helen Partz
An XRP advocate started a petition to SEC chair nominee Gary Gensler, asking him to end the lawsuit against Ripple should he be confirmed as the new chair. The Ripple community has launched a new petition to “stop the war”…
Tesla's landlord accepts crypto; will Elon Musk pay rent in Bitcoin?
By Greg Thomson
Elon Musk will accumulate Bitcoin, but will he spend it? The Tesla CEO now has the chance to pay his rent in BTC following its adoption by the real-estate firm he uses. After becoming a corporate pioneer in cryptocurrency adoption,…
Paris Hilton drops surprisingly well-informed article about NFTs
Paris Hilton is bullish on non-fungible tokens and thinks the pandemic “illuminated the importance of digital worlds—and NFTs,” Paris Hilton revealed she is not only bullish about NFTs but also has a good understanding of potential applications of the technology,…
ChainSwap raises $3M from investors including Alameda Research and NGC Ventures
By Martin Young
The multi-chain bridge hub aims to bridge Ethereum and BSC and beyond. Cross-chain asset bridge and application hub ChainSwap has closed a $3 million strategic funding round with participation from some of the biggest names in decentralized finance and the…
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3X as many crypto figures make it onto Forbes 2021 billionaires list as last year
Twelve crypto billionaires have made the Forbes list for 2021, with Sam Bankman-Fried the leader in crypto with a net worth of $8.7 billion. Forbes released their annual billionaires list on April 6, with Amazon overlord Jeff Bezos and his…
Miners are hoarding Bitcoin from record daily earnings
By Samuel Haig
Miners are back in accumulation mode, with 5,000 BTC added to Bitcoin’s unspent supply since the start of February. Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since…
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
Despite apparent sentiment shifts following this week’s price dip, experts are predicting Bitcoin will potentially reach $400,000 eventually. Analytics company Santiment reports that cryptocurrency sentiment has fallen to near-record low levels for 2021 — even as some experts are doubling…