🛡CA Capital Announcements

2022-04-14 01:30:40 Coinbase Used India’s Payments Network Without Permission, Deposits Blocked for 19M Users

CoinSwitch Kuber and WazirX, India's largest cryptocurrency exchanges, have joined the increasing number of Indian crypto platforms to disable rupee deposits using UPI. The move comes following a statement by the National Payments Corporation of India that claimed it was not aware of "Any crypto exchange using UPI.".

On April 7, Coinbase announced that it would allow Indian users to purchase cryptocurrencies using UPI. On the same day, the National Payments Council of India, a division of the country's central bank, said that it was uninformed if any crypto platform supported the UPI payment method.

"With reference to some recent media reports around the purchase of Cryptocurrencies using UPI, National Payments Corporation of India would like to clarify that we are not aware of any crypto exchange using UPI.".

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2022-04-14 01:05:49 Indian tax system breaks crypto currency’s back

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2022-04-14 00:50:42 According to Ethereum core developer Tim Beiko, the network’s much-anticipated shift to proof-of-stake might not come until the fall.

After a few weeks of speculation, Ethereum core developer Tim Beiko confirmed in a tweet Tuesday that the long-awaited Ethereum Merge will come later than expected.

Ethereum's move to a PoS mechanism, where users reserve the ability to secure the network by "Staking" ether, is expected to cut Ethereum energy costs by 99% and make it easier for the network to scale.

The update from Beiko comes after Ethereum passed a major milestone on Monday with the first successful shadow fork of the Ethereum mainnet - amounting to a dry run of the network's upcoming shift in consensus mechanisms.

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2022-04-13 23:59:29 Crypto firm Tether to further reduce holdings of commercial debt in stablecoin reserves

Last year, Tether revealed that it held some cash but also bought a large amount of commercial paper, which is short-term corporate debt.

In the fourth quarter of 2021, commercial paper made up just over 30% of Tether's total reserves, down from more than 44% in the third quarter.

"Over time we will keep reducing the commercial paper, we aren't finished yet with the reduction," Paolo Ardoino, chief technology officer of Tether and affiliated cryptocurrency exchange Bitfinex, told CNBC on Wednesday at the Paris Blockchain Week Summit.

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2022-04-13 18:39:46 Data shows Bitcoin whales are extremely bullish, made 4,000 transactions exceeding $1 million

Approximately 4000 transactions that exceed $1 million in value are being carried out by Bitcoin whales from Monday through Friday.

Another whale of unknown origin has been buying approximately $1 million worth of Bitcoin every day since late February, going by data revealed on Twitter by user Capital15C. Meanwhile, several well-known large investors have also added to their holdings recently, including MicroStrategy, and Luna Foundation Guard.

The latter added about $100 million worth of Bitcoins to its holdings to now be ranked among the top 20 biggest Bitcoin whales.

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2022-04-13 15:11:54 Binance Invests €100M in French Crypto Startups

Binance Partners With Station F. Binance has invested €100 million in the French crypto scene in a bid to help grow the pie for everyone.

Speaking at Paris Blockchain Week Summit Wednesday, Binance CEO Changpeng "CZ" Zhao announced that the firm had partnered with the world's biggest startup incubator Station F and invested €100 million to help incubate French crypto startups.

Besides pouring millions into the country's Web3 startup scene, Zhao said that Binance plans to have people on the ground in Paris to advise and provide extensive support to French crypto startups.

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2022-04-13 14:08:15 Cryptocurrency Price Today: Bitcoin, Ether Track Gains; Shiba Inu Surges 30% After Listing

There were no major fluctuations of Ether prices over the day, as per analysts.

"Shiba Inu(SHIB) , one of the favourite meme tokens, surged by over 30 per cent in a single day as it got listed on the popular brokerage firm Robinhood. SHIB became one of the top performers outperforming most of the crypto tokens," said the WazirX trade desk.

USD Coin $1 or 0.03 per cent gain in the last 24 hours.

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2022-04-13 02:38:43 With the AOV (Average Order Value) of crypto users at $450, compared to $200 for non-crypto users, crypto users buy more expensive items than non-crypto users

General Cryptocurrency Statistics The market capitalization of all cryptocurrencies put together reached over $2.1 trillion in April 2022.

Cryptocurrency Platforms Statistics The largest cryptocurrency trading platform by volume is Binance.

Cryptocurrency Mining Statistics It takes about 10 minutes to mine 1 Bitcoin and this consumes about 1,200 kWh of electricity, which will cost about $100 or more depending on your location.

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2022-04-13 01:51:29 As The Metaverse And Crypto Economy Grows, Regulation Starts To Catch Up

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2022-04-13 01:37:43 New study explains why narcissists, sadists and manipulators are attracted to crypto

"We found Machiavellians like crypto primarily because they distrust politicians and government agencies. Many crypto supporters believe governments are corrupt, and crypto avoids government corruption."

"At first glance, buying crypto is unlikely to harm others. However, we found sadists like crypto because they do not want to miss out on investment rewards either. To them, perhaps both the pleasure from seeing another's pain and the fear of missing out are related to selfishness."

To conclude, the study has stated that neither sadists nor psychopaths showed positivity about their prospects which, in turn, offset their fondness for crypto.

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