Crypto World News

2024-04-06 17:52:08 Top 5 Daily Gainers & Losers

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2024-04-06 14:14:55 Coinbase stands strong in consumer lawsuit as case is revived post-appeal

An appellate court has revived a civil lawsuit against Coinbase due to a clerical error despite ruling that the initial dismissal was appropriate. The current ruling largely supported a federal court’s dismissal of the case, noting that the district court “properly dismissed” the plaintiffs’ Section 29(b) complaints. Coinbase chief legal officer Paul Grewal responded to the legal development on April 5, saying that crypto exchanges have no private liability for secondary trading of crypto tokens because “contracts matter.”

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2024-04-05 21:24:55 ETH to spike post halving, ETF denial would not ‘be bearish’ — Analysts

Crypto analysts are betting that Ether’s price could see a significant upswing within months after the Bitcoin halving despite being down 11.39% over the past 30 days, based on historical data. One researcher also thinks that a potential exchange-traded fund (ETF) denial won’t necessarily lower prices. “If the ETF is denied, it will not be that bearish, as the market is not pricing in it yet, and we still have Bitcoin ETFs as the entrance for traditional funds,” Hashkey Capital head of Research Jupiter Zheng told Cointelegraph.

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2024-04-05 18:16:13 Top 5 Daily Gainers & Losers

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2024-04-05 10:09:56 Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary

It was a day of positive divergence for crypto bulls as stocks tumbled late in the U.S. trading session while bitcoin (BTC) managed to erase most of the week's losses. In late afternoon action, the S&P 500 and Nasdaq were each lower by nearly 1% – not a huge loss, but about a 2% reversal off of earlier session highs. Behind the moves lower were hawkish comments from Minneapolis Fed President Neel Kashkari.

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2024-04-04 21:14:55 Binance set to end Bitcoin NFT support despite recent surge in interest

Crypto exchange Binance is set to end support for Bitcoin NFTs less than a year after they were introduced to its marketplace. Binance said in a blog post on Thursday it would not support any further airdrops, benefits, or utilities associated with Bitcoin NFTs after April 10, citing “ongoing efforts to streamline product offerings” on its NFT marketplace.

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2024-04-04 17:35:17 Top 5 Daily Gainers & Losers

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2024-04-03 10:21:57 U.S. Government Moves To Sell More Bitcoin Tied To Silk Road

The United States government may be selling more of its massive Bitcoin (BTC) stash, potentially piling more sell pressure onto the crypto market, according to blockchain data. On-chain sleuth ZachXBT noted on Tuesday that government controlled Bitcoin tied to Silk Road initiated a small transaction to Coinbase – the crypto exchange previously used by the government to sell its coins. Shortly afterwards, the government’s wallet transferred 1999 BTC to Coinbase Prime, worth $139 million at the time.

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2024-04-02 20:29:57 HISTORY: In 2015 a 50,000 $BTC offer was turned down for a 2-bedroom apartment in New York

It would now be worth over $3,500,000,000

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