Ripple: Co-Founder Chris Larson Fully Recovers From Coronavirus – via CryptoDaily
Chris Larson, the co-founder and executive chairman of the San Francisco-based blockchain company ripple, has made a full recovery from COVID-19. He posted a tweet earlier this week on the 2nd of April thanking those that were working on the front line against this invisible killer. On top of this, the co-founder also called for recovered patients to donate blood for use in antibody transplant. The co-founder had not previously shared the fact that he had been diagnosed with the disease and only found out through the tweet he posted saying that he had made a full recovery.
Ripple: Co-Founder Chris Larson Fully Recovers From Coronavirus – via CryptoDaily
Cambrial Capital to Shut Down After Coronavirus Tanks Markets: Sources – via Coindesk
Cambrial Capital, a crypto-focused fund of funds, is quietly winding down its operations, according to two sources familiar with the matter. The fund, which holds between $6 million and $10 million in assets under management, appears to have fallen victim to the coronavirus crisis. March 12, aka “Black Thursday,” was the worst of it, driving bitcoin prices down over 40 percent.
Bitcoin Cash, ZB Token, Status record major price hikes as investor confidence grows – via AMBCRYPTO
After a harrowing month, altcoins are finally making a comeback. Popular altcoins like Bitcoin Cash, ZB Token, and Status were all able to keep their bullish momentum in the market going after they registered up to 12 percent in gains in over a day’s time. The bullish momentum continued for the 5th largest cryptocurrency in terms of market cap, Bitcoin cash, as its block reward halving is scheduled to take place in less than a week’s time. At press time, BCH was being traded at $236 and it had a market cap of $4.3 billion. If the uptrend were to continue for Bitcoin Cash, the coin will soon be confronting the resistance at $269. However, if the price were to fall, the support at $215 may help the coin stabilize.
Alpha5 Out Of Stealth, Ready To Revolutionize Crypto Derivatives Trading – via CryptoDaily
LONDON, UK — Low fees, 24/7 multilingual customer support, strong trading uptime and off-site distributed system backups are indeed very important aspects of a crypto exchange, yet somewhat expected of a newcomer entering a highly competitive landscape. ALPHA5 was created with the vision to fill a gap in the crypto ecosystem – the need for an advanced, more streamlined platform offering a new paradigm of bitcoin products that will appeal to both, professional traders and newcomers.
Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution – via beincrypto
On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could not be sustained and BTC fell back inside this range.
Asian stocks slide as CoronaVirus cases increase in India, Japan & China – via Coinnounce
The last trading day of a very volatile week ended on a low for most of the Asian stock markets. The rise in the Dow Jones the previous day seems not to have brought any positive news for the Asian markets.
Bitcoin Options worth $7.8M set to expire today; Drop to $6K or $5.8K? – via AMBCRYPTO
As of 3 April 2020, Bitcoin Options worth $7.82 million or 11,500 BTC Options contracts will expire and this might have an effect on the spot prices. Bitcoin Options and Futures are popular products that institutional investors invest in, especially considering the size of their investments. Hence, a surge in Open Interest and volume in either of these products would, to an extent, indicate institutional activity.
Dogecoin leads altcoin recovery effort as Maker, Ravencoin follow suit – via AMBCRYPTO
Recovery is always on the agenda for altcoins, no matter when you look at their price charts. Why? Because more often than not, most alts are reeling from disparaged price effects, frequently traversing the road back up. The state of the altcoin market after the March madness further eludes to the same.
Zero or Millions? Bitcoin (BTC) Future Predicted By Billionaire Investor – via U.TODAY
Within the framework of The Pomp Podcast #256, the two talked about the ongoing quarantine, the investment strategies of hard times as well as about the post-pandemic world. The Bitcoin (BTC) perspective was also not ignored.
Spain issues tax notices to crypto investors and traders amid COVID-19 outbreak – via Cryptopolitan
Agencia Estatal de Administracion Tributaria (AEAT), the Spanish authority responsible for the national tax and customs systems, has begun issuing tax notices to crypto investors and other taxpayers in the country. Despite the country experiencing a staggering situation amid the Coronavirus outbreak, the tax agency did not relent in sending tax notice, precisely to 66,000 cryptocurrency traders and investors in Spain, according to a report from a local news outlet.
FBI Used Bitcoin Trail to Catch Russian Rapper Accused of Money Laundering – via Coindesk
The Federal Bureau of Investigation (FBI) used bitcoin wallet activity and an old exchange account as key evidence to arrest a Russian rapper on charges of conspiracy to commit money laundering. In an affidavit unsealed earlier this week, FBI special agent Samantha Shelnick said she and her team had used the digital paper trail to uncover a major money-laundering operation, run by a shadowy criminal organization known as QQAAZZ. The rapper, Maksim Boiko, is believed to be closely connected to the leaders of the gang.
Bitcoin Diamond records 11% surge as EOS, SNX try to keep up – via AMBCRYPTO
For altcoins, March and April told very different tales. While the former closed for most coins with significant losses, April seems to be a lot more favorable as coins such as EOS, Synthetix and Bitcoin Diamond have all recorded surges over the past few days.
TRON Infiltrates Another Gaming Platform As Refereum Rolls Out TRX Rewards – via CryptoDaily
TRON’s transformation into the gamer’s crypto network of choice is gathering pace. On April 2, a partnership with gaming rewards platform Refereum was announced, extending TRON’s tentacles deeper into the gaming sphere. Many video gamers need no introduction to TRON and TRX, having already encountered it through streaming platform DLive, which TRON acquired in 2019, and through the many TRON gaming and gambling dApps that top the charts.
Chinese Watchdog Bashes Crypto Exchanges, Says They Fake Trading Volumes – via CRYPTOGLOBE
The National Internet Finance Association of China (NIFA) has based cryptocurrency exchanges saying they fake trading volumes and promote safe-haven narratives to drive interest in cryptocurrencies. In an analysis the NIFA published, foreign cryptocurrency exchanges use “programs to brush and tamper with data to create the illusion of prosperity in the virtual currency trading market.” Per the self-regulatory organization set up by the People’s Bank of China, crypto exchanges use “various gimmicks” to grab new users.
Darknet and Bitcoin: Ominous trends affected by COVID-19? – via Cryptopolitan
Bitcoin and other cryptocurrencies are often looked at as investment instruments by various people while a lot of them frequently use it for daily transactions too. However, with the COVID-19 crisis looming on, the usual spending of Bitcoin has reduced drastically. The darknet and Bitcoin have often been in the news together at such times. However, to everyone’s surprise, this time the darknet activities are very low.
Over $1 Mln in Bitcoin (BTC) Bought by Non-Crypto Investors Past Two Weeks – via U.TODAY
Now that some traders believe Bitcoin is in an accumulation phase before a further price surge, it seems that the ‘digital gold’ has been attracting investors from non-crypto spheres who are rushing to buy it. Experts are noticing that Bitcoin is seeing a wave of organic new interest since early 2017 – from people in non-crypto circles.
Crypto Events for today – via COINDAR
1. IQ.cash (IQ) – Listing on BitForex Exchange
2. Pundi X (NPXS) – AMA On YouTube
3. RIF Token (RIF) – AMA Webinar
4. JUST NETWORK (JUS) – Listing on LBank Exchange
5. Storj (STORJ) – Listing on BKEX Exchange
6. ZeuxCoin (ZUC) – AMA On Facebook
7. BitMax Token (BTMX) – AMA On Twitter
8. Golem (GNT) – AMA Jitsi
9. Harmony (ONE) – AMA
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