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Top 5 cryptocurrencies to watch this week: BTC, NEAR, FTT, ETC, XMR

Bitcoin, NEAR, FTT, ETC and XMR are attempting to rebound off their strong support levels, indicating buying on dips. Source link

Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC

Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC “giving people a second chance” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $42,700 Sunday with a matter of hours to go until…
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6 Questions for Michelle Legge of Koinly – Cointelegraph Magazine

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Michelle Legge, head of crypto tax education at Koinly — a cryptocurrency tax calculator and portfolio tracker for…
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Here’s what’s happening in Web3 across Africa

Whatever you prefer to call it — crypto, blockchain or Web3 — this new segment of the digital economy is booming across Africa. If you’ve been sleeping on the sector, now’s a good time to wake up. Why? Well for one, according to analytics firm Chainalysis, Africa’s crypto market increased in value by more than…
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Binance receives in-principle approval to operate in Abu Dhabi

Binance, the world’s biggest crypto exchange in terms of trading volume, received in-principle approval to operate in Abu Dhabi, marking its third regulatory approval in the Middle Eastern region after Bahrain and Dubai.  The in-principle approval from the Abu Dhabi Global Market (ADGM) allows Binance to operate as a broker-dealer in digital assets including cryptocurrencies…
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Starbucks joins NFT party, UK government seeks stablecoin regulations and Crypto Twitter rallies behind cancer fighter, Hodler’s Digest: Apr. 3-9

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starbucks announces NFT initiative as union-busting controversy continues Nonfungible tokens…
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Seven times Bitcoin miners made the world a better place

What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common?  They’ve all been saved by Bitcoin (BTC) mining. From reusing “waste” heat to getting the job done — to receiving a cool blast of air to dehydrate meat, to cleaning up pollutants, Bitcoin…
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Bitcoin whales fill their bags despite warnings BTC price could fall below $40K

Bitcoin (BTC) headed toward $42,000 on April 9 after bulls failed to spark a late-week turnaround. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up 10% weekly red candle Data from Cointelegraph Markets Pro and TradingView showed BTC/USD slowly dissolving support levels in place for several weeks as the weekend began. After multiple tests of…
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How digital assets make a difference amid a war

The ongoing conflict in Ukraine has become a stress test for crypto in many tangible ways. Digital assets have emerged as an effective means of directly supporting humanitarian efforts, and the crypto industry, despite enormous pressure, has largely proved itself a mature community — one ready to comply with international policies without compromising the core…
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Issues and solutions, Part 2

Lawmakers in Australia want to regulate decentralized autonomous organizations (DAO). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions. Regulating a decentralized autonomous organization (DAO) as a company, first of all, means registration as a company. But who remembers why we need that registry in…
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