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Logo of telegram channel cacapital_news — 🛡CA Capital Announcements
Channel address: @cacapital_news
Categories: Cryptocurrencies , Crypto News
Language: English
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The latest Messages 58

2022-04-29 00:21:05 Crypto Investments Lost an Average of $79.5 Million Each Week in April

The month of April saw an average of $79.5 million leave crypto investment products each week, the largest so far in 2022, according to blockchain data firm Crypto Compare.

Bitcoin led the decline, with investors pulling an average of $67.3 million each week.

Average daily trading volumes fell 16.3% to $244 million in April.

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92 viewsTonyXCrypto | CA CAPITAL, 21:21
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2022-04-28 19:20:26 Crypto trading expert predicts Bitcoin is on the brink of an enormous breakout

After a brief period of volatility, Bitcoin returned to trade in the green on April 28; one crypto market analyst believes that the possibilities of an upward breakout for the flagship digital asset are growing day by day as the U.S. Dollar gains strength.

Upon further examination of the Bitcoin price action, crypto trading expert Michaël van de Poppe identified one possible cause for the cryptocurrency's current choppy state, which is that the U.S. Dollar correlation with BTC is particularly strong at this time.

"Since Bitcoin has been peaking since May the dollar has been showing strength and altcoins have been dying down. Bitcoin has been seeing some tests since then too but overall trending sound now what's the point here is that we're accelerating heavily to the upside. We are also getting into figures where the indicators are showing extensive run to the upside with the RSI going there."

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103 viewsTonyXCrypto | CA CAPITAL, 16:20
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2022-04-28 17:22:04 https://twitter.com/Levana_protocol/status/1519522067519053824
94 viewsSifXCrypto | CA CAPITAL, 14:22
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2022-04-28 15:27:23 3rd IDO is locked

@avatanetwork will host the ACTA IDO in May.

Stay tuned for the IDO schedule

https://twitter.com/ActaFi/status/1519364569411506178
98 viewsSifXCrypto | CA CAPITAL, 12:27
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2022-04-28 00:45:45 Central African Republic adopts bitcoin as legal currency

The Central African Republic has adopted bitcoin as legal tender, the president's office said Wednesday, becoming the second country in the world to do so after El Salvador.

The CAR is one of six central African countries that share the CFA franc - a regional currency that is backed by France and pegged to the euro.

Under it, citizens of the central American country were allowed to use the digital currency - along with the US dollar which has been the official currency for two decades - to pay for any goods or service, using a cyber wallet app.

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100 viewsTonyXCrypto | CA CAPITAL, 21:45
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2022-04-27 20:06:44 https://twitter.com/ActaFi/status/1519336002527105024
91 viewsSifXCrypto | CA CAPITAL, 17:06
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2022-04-27 18:40:50 Flexa Expands Payments Suite for Multiple Cryptocurrencies and Wallets

Digital payments firm Flexa is growing its options for merchants to accept over 99 different cryptocurrencies from any app or digital wallet, according to a company statement.

"And now, representing the culmination of more than a year of active development, Flexa Payments will meaningfully advance Flexa's vision of enabling payments in any asset, from any app, anywhere in the world," he added.

Custodial wallets will be the lynchpin of retail crypto payments, Spalding said this week in a piece for CoinDesk's payments week.

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90 viewsTonyXCrypto | CA CAPITAL, 15:40
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2022-04-27 17:56:44 The first-ever exchange-traded product combining Bitcoin and Gold has launched in Europe

The first-ever exchange-traded product combining Bitcoin and Gold has launched in Europe, offering long-term rewards and inflation protection, at least in theory, Bloomberg reports.

Gold, the less volatile of the two assets, has a higher weighting of 81.5% at launch, while Bitcoin weighs 18.5%. The ETP rebalances both exposures in inverse proportion to their risk each month to manage volatility and increase returns.

Why it's Important: "Gold has historically delivered portfolio protection in inflationary environments, while Bitcoin is the digital equivalent of Gold with growing adoption by investors as a distinct asset class and a core store of wealth. In a time of rising structural inflation and heightened geopolitical risk, we believe this can act as an important risk and return diversifier in a balanced portfolio," stated Charlie Erith, CEO of ByteTree Asset Management.

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89 viewsTonyXCrypto | CA CAPITAL, 14:56
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2022-04-27 14:16:01 Trading Crypto Currency Volatility using Options with Greg Magadini of Gvol.io, Tue, May 3, 2022, 7:00 PM Eastern Time (Raleigh Durham Meetup)

Greg is the founder of the Genesis Volatility research service, gvol.io which monitors crypto currency options markets and looks to find value and spot profitable trading opportunities.

First of all we will ask Greg some very basic questions for novice crypto traders about the whole crypto universe, about what exchanges and vehicles there are, and what are some simpler trading strategies.

We will have plenty of time for your questions on any and all aspects of both crypto trading and crypto option trading.

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86 viewsTonyXCrypto | CA CAPITAL, 11:16
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2022-04-27 12:35:31 New York State Assembly Passes Bill Blocking New Cryto Mines That Use Non-Renewable Power

The New York Assembly passed a bill to block new crypto mining facilities using non-renewable energy sources from setting up shop in the Empire state.

Assembly bill A7389C, sponsored by Democrat Anna Kelles, will impose a two-year moratorium on new crypto mining firms that use a carbon-based energy source.

The bill itself specifies that the New York Department of Energy "Shall not approve a new application for or issue a new permit ... for an electric generating facility that uses a carbon-based fuel and that provides, in whole or in part, behind-the-meter electric energy consumed or utilized by cryptocurrency mining operations that use proof-of-work authentication methods to validate blockchain transactions."

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30 viewsTonyXCrypto | CA CAPITAL, 09:35
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