This week saw the cryptocurrency market go through some serious turbulence, as the prices for the largest coins by means of total capitalization went on a rollercoaster.
On April 18th, we saw BTC crashing below $39K to a monthly low, but the bulls were quick to recover.
The rest of the market followed suit, and it’s evident from the weekly change in price as most altcoins chart insignificant gains or losses.
A collaboration between 21Shares and ETF Securities has resulted in two products that would provide investors with direct, regulated exposure to both Bitcoin and Ethereum.
Last Saturday – April 16th, also saw the launch of the Moonbirds NFT collection.
The Global Head of crypto and blockchain at the world’s leading payments processor Mastercard – Raj Dhamodharan – said that cryptocurrencies are “probably the most mature” investment instrument.
BitRiver – a cryptocurrency mining company – is the first one to be sanctioned by OFAC, along with its subsidiaries and a Russian bank.
Russia Could Mine Bitcoin and Other Cryptocurrencies to Evade Sanctions, IMF Warns.
Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.