💰 Latin American Fintech Giant Nubank Enables Bitcoin Withdrawals and Deposits: Report

São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and deposits of Bitcoin and cryptocurrencies. With this latest move, customers will now be able to send and receive Bitcoin, Ethereum, and Solana using the Nubank app. The withdrawal and deposit options are now available, allowing users to check the functionality on the app’s main crypto screen.

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t.me/Binance_Coinbase_Bybit

🇳🇬 Nigeria denies freezing over 300 P2P accounts on more crypto exchanges amid forex concerns

Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX, Binance, KuCoin, and Bybit, according to a trending circular on social media platform X. Meanwhile, the Central Bank of Nigeria (CBN) said the information contained in the circular did not originate from it, claiming it is “fake content.” People familiar with the matter stated that backtracking on unpopular policies was not uncommon in the region.

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t.me/Binance_Coinbase_Bybit

🇺🇸 SEC delays making a decision on spot 🪙 Ethereum ETF proposals from Franklin Templeton, Grayscale

The U.S. Securities and Exchange Commission is delaying making decisions on the next steps for two proposed spot Ethereum exchange-traded funds proposed by Grayscale and Franklin Templeton. The agency pushed its timeline to decide to June 11, 2024 for the Franklin Ethereum ETF after which the SEC could approve or disapprove or institute proceedings, the SEC said in a filing on Tuesday.

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t.me/Binance_Coinbase_Bybit

🇻🇪 Venezuela plans to speed up 🪙 USDT adoption following US sanctions: Reuters

Venezuela’s state-run oil firm PDVSA is gearing up to increase the use of the Tether stablecoin for exporting crude and fuel oil, as the U.S. has recently decided to reimpose sanctions on the country, Reuters reported Monday, citing sources familiar with the matter. Reuters reported last week that the Biden administration would not renew a license that eased oil sanctions on Venezuela after President Nicolas Maduro failed to measure up to his election promises.

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t.me/Binance_Coinbase_Bybit

🇺🇸 US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending $16,000 for a toilet seat, everybody is going to know about it.

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t.me/Binance_Coinbase_Bybit

🟠 Binance Executive Arrested in 🇰🇪 Kenya, Facing Extradition Drama!

Nadeem Anjarwalla, a British and Kenyan national employed at cryptocurrency exchange Binance, has been detained in Kenya following his flight from Nigeria in March. Reports from Kenyan news outlets on April 22 reveal that local police apprehended Anjarwalla, potentially for extradition to Nigeria, where he faces criminal charges. Anjarwalla reportedly fled custody in Nigeria on March 22, exploiting a visit to a mosque for escape and utilizing his Kenyan passport to leave the country.

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t.me/Binance_Coinbase_Bybit

💰 New Emails Reveal Satoshi Nakamoto’s Early Vision for Bitcoin

The recent release of a set of emails between Satoshi Nakamoto, the pseudonymous founder of Bitcoin, and an early Bitcoin contributor, Martti Malmi, has shed light on the digital currency’s original philosophy and initial operational issues. These emails are among a wider communication initially unearthed during legal proceedings involving Craig Wright, which reveal Nakamoto’s particular goals for Bitcoin.

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t.me/Binance_Coinbase_Bybit

💰 Bitcoin's halving created the most valuable blocks in history, aside from one

Bitcoin's halving may have split the reward paid to miners in half, but a fierce battle for blockspace generated millions of dollars of payments to miners as the halving commenced. In fact, aside from an apparently accidental $3 million overpayment last November, all of Bitcoin's top 10 most valuable blocks have been mined since the halving, as first flagged by X user Clark Moody, in terms of U.S. dollar value at the time the block was mined.

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t.me/Binance_Coinbase_Bybit

🇺🇸 IRS releases draft form to report certain crypto transactions

The Internal Revenue Service released an early draft of a tax form for brokers and exchanges to report certain sales of digital assets, giving insight into how the IRS may categorize brokers. In the Form 1099-DA draft posted on Thursday, the IRS lists broker types: kiosk operator, digital asset payment processor, hosted wallet provider, unhosted wallet provider and others. The form also asks for a "digital asset address" and whether the asset is a "noncovered security."

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t.me/Binance_Coinbase_Bybit

💰 Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off 'Totally Normal'

The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, having commenced trading on Jan. 11, 2024. Throughout this period, they have experienced significant trading volumes, marked by substantial inflows from entities such as IBIT and FBTC, as well as notable outflows, particularly from GBTC. During Thursday’s trading sessions, the market observed another net outflow totaling $4.3 million, following a more substantial outflow of $165 million the previous day.

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t.me/Binance_Coinbase_Bybit

💰 Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude

Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran. During the past week, the crypto industry slumped amid escalating tensions in the Middle East and plunged again in the early hours as news broke of Israel’s retaliation on Iran. However, following the muted response from Iran and tempered action from Israel, this morning saw a turnaround as the broader crypto market rose by more than 4%.

Source

t.me/Binance_Coinbase_Bybit

🏦 Coinbase leases larger New York office, abandons Hudson Yards workspace

Coinbase is relocating to a new office in New York, abandoning its Hudson Yards workspace in the process, a source familiar with the matter told The Block. According to the real estate trade publication, the exchange this month signed an eleven-year lease for a 67,208-square-foot space at One Madison in Manhattan's Flatiron District. A source informed The Block that Coinbase will not retain its office at 55 Hudson Yards, which has been leased since 2021.

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t.me/Binance_Coinbase_Bybit

💰 Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss

The CEOs of bitcoin mining firms reportedly remain bullish despite the anticipated drop in block rewards, which is set to follow the top cryptocurrency asset’s halving on or around April 20. Many of the CEOs believe a combination of low-cost operations and more efficient equipment will enable miners to offset the revenue loss related to the halving. According to a report, Bitcoin’s fourth halving since its launch will result in miners losing as much as $10 billion in revenues.

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t.me/Binance_Coinbase_Bybit

🥇 Bitcoin barely holds on to $60k as bears retest March lows

Bitcoin (BTC) took a downturn below $60,000 on April 17 as US markets began trading, marking a return to prices last seen in early March before the digital currency rallied to new heights. The flagship crypto touched a low of $59,658 before modestly recovering to around $60,800 as of press time, based on CryptoSlate data. Bitcoin was clinging to the $60,500 support level after a slowdown in sell pressure, with bulls attempting a potential recovery above $61,000.

Source

t.me/Binance_Coinbase_Bybit

📣 Goldman Cautions Against Extrapolating Previous Bitcoin Halving Cycles for Price Predictions

Bitcoin's fourth mining-reward halving is just two days away. The quadrennial event will reduce BTC's per block emission to 3.125 BTC from 6.25 BTC, halving the pace of new supply. Previous halvings preceded massive multimonth rallies in BTC, and the crypto community is confident that history will repeat itself. Investment banking giant Goldman Sachs, however, cautioned its clients from reading too much into the past halving cycles.

Source

t.me/Binance_Coinbase_Bybit

💰 Despite weekend dip, bitcoin's market dominance hits highest level since April 2021

While the stock market was closed this weekend and unable to react to the news of Israel being the target of an Iranian drone attack, the crypto market was ready to respond. Assets across the board took a dip as traders recalibrated their portfolios and scaled back risky bets. Bitcoin itself fell from over $70,000 on Friday, April 12, to just over $63,000 at the end of April 13, dropping roughly 11.6% from its high on Friday to its low on Saturday.

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t.me/Binance_Coinbase_Bybit

💰 Bitcoin’s weekend dip shakes out short-term holders

Bitcoin market experienced a tumultuous dip, with prices plunging from $70,090 to $64,400 before settling around $66,000. Market watchers are keenly observing the behaviors of short-term and long-term Bitcoin holders—their reactions often providing clues about future trends. Short-term holders appear rattled, hastily selling off their Bitcoin at a loss as indicated by a sharp drop in their SOPR metric. On the flip side, long-term holders continued to display resilience amid downturns.

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t.me/Binance_Coinbase_Bybit

💰 Bitcoin Miners Battle the AI Boom Ahead of Halving: Bernstein

Bitcoin miners are increasingly facing off against a new foe to contend with ahead of this week’s halving: the AI boom. Bitcoin miners are largely centralized operations that mint new digital coins. To do so, a Monday report explains, they need to use a lot of computers and therefore energy. Meanwhile, the booming AI industry is also power-hungry. Both industries look to places like Texas, which has cheap energy and lots of land to build data centers.

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t.me/Binance_Coinbase_Bybit

🇭🇰 Hong Kong approves first batch of spot bitcoin, ether ETFs in drive to become crypto hub

Hong Kong approved the applications of several spot bitcoin and ether exchange-traded funds on Monday, as the region continues its drive to become a regional crypto hub. China Asset Management, a major Chinese asset manager, said that its Hong Kong unit has received approval in principle from the Hong Kong Securities and Futures Commission to offer retail asset management services related to spot crypto ETFs.

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t.me/Binance_Coinbase_Bybit

📈Bitget’s Futures Trading Hits $1.4 Trillion in Q1 2024: Report

February’s strong market recovery, particularly with Bitcoin reaching an all-time high aided Bitget’s exchange volume in Q1. Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence. The Seychelles-headquartered exchange revealed that its futures trading volume soared to around $1.4 trillion, marking a 146% increase, while spot trading volume surged by 113% to exceed $160 billion.

Source

t.me/Binance_Coinbase_Bybit