News about Cryptocurrencies
Centralized, closed and not open on weekends, the New York Stock Exchange is emblematic of everything bitcoin was created to disrupt, The Wall Street Journal writes. Nevertheless, the 233-year-old Wall Street giant has quietly and unexpectedly become a major player in the crypto industry.
Jeremy Allaire, CEO and co-founder of Circle Internet Group (issuer of the world’s second-largest steiblcoin USDC), said there is a “tremendous opportunity” to create a Chinese yuan-backed steiblcoin.
The price of the first cryptocurrency rose to $78,000 for the first time since early February. The reason for the positive dynamics was the statement of Iranian Foreign Minister Abbas Araghchi, who announced the opening of the Strait of Hormuz.
Bitcoin traded near $74,700 in Asian morning hours on Friday, down 0.4% in 24 hours but up 3.5% for the week as a 10-day rally in global stock markets paused ahead of the expiration of a truce between the U.S. and Iran next week.
Market participants and trading companies previously working with cryptocurrencies are switching to trading traditional assets en masse.
The resilience of digital gold during the Iran war is not a contradiction to the risk avoidance regime, but a direct consequence of it. This opinion was shared by Bitwise Investment Director Matt Hougan and the company’s Head of Research Ryan Rasmussen.
The National Anti-Corruption Center (NAC) said in a report on its work over the past week that cryptocurrencies worth the equivalent of $1.3 million were deposited into the institution’s treasury accounts.
The price of the first cryptocurrency rose to $75k for the first time since mid-March.
Since its launch, there was a computational error in the bitcoin mining algorithm, which allowed to mine blocks at extremely high speeds. This was revealed by researcher Loic Morel.
Pulitzer Prize-winning author John Carreyrou of the New York Times has suggested that British cryptographer Adam Back may be bitcoin creator Satoshi Nakamoto.
In March, the U.S. consumer price index increased by 0.9% – from 2.4% to 3.3%. The index reached its highest level since May 2024, analysts of The Kobeissi Letter noted.
Iran demands payment for passage through the Strait of Hormuz in cryptocurrency.
For cryptoasset providers, capital requirements are set between €50,000 and €150,000, while issuers are subject to strict disclosure standards and liability for inaccurate data.
Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin probably bottomed out in early February at the $60,000 level.
Moldovan law enforcers and prosecutors have been trained by American specialists in investigating cryptocurrency transactions.
On April 8, the price of the first cryptocurrency jumped 4.3%, breaking through the $71,000 level. At the time of writing, the asset is trading around $71,600.
Anthropic, an American artificial intelligence (AI) technology company founded by former OpenAI employees and creator of a family of large language models collectively named Claude, has announced a partnership with Google and Broadcom for “several gigawatts” of next-generation TPU computing power planned to launch starting in 2027.
Moldova is at the final stage of implementing the European Directive PSD2 into the national legislation. The document envisages modernization of the payment services system, implementation of Open Banking and strengthening the security of online payments.
The first cryptocurrency will collapse to $10,000 if buyers can’t overcome and hold the $75,000 level.
Quantum computers capable of hacking the bitcoin blockchain do not currently exist. However, developers are already considering a wave of updates to create a defense against the potential threat, and it is justified because the threat is no longer hypothetical.
