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Price analysis 4/15: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin is finding it difficult to sustain the relief rally, which could put pressure on several altcoins in the near term.

BIS envisions global ‘Finternet’ running on unified ledger technology

The BIS introduced the unified ledger concept last year and has been singing its praises as a framework for better financial transactions.

Filecoin Foundation launches Chinese legal inquiry into STFIL incident

Foundation senior fellow Danny O’Brien stated that the team has hired a lawyer and is attempting to determine whether police are holding the missing funds.

Blockchain for Good Alliance launches at Blockchain Life Dubai

The alliance is joined by Bybit Web3, Solana Foundation, Aptos, Moledao, Harvard Blockchain Club, and numerous other organizations.

Crypto funds see $110M in Bitcoin outflows as BTC price drops and investors risk off

Last week, $110 million was withdrawn from Bitcoin investment products as investors risked off in the face of mounting geopolitical events and Bitcoin’s waning momentum.

Hong Kong green lights first spot Bitcoin ETFs: Law Decoded

The new ETFs are reportedly from Harvest Global Investments, China Asset Management and a partnership between HashKey and Bosera Asset Management.

Halving 2024: Where is Bitcoin heading next?

In our latest Cointelegraph video, we explain everything you need to know about the imminent Bitcoin halving, assessing its impact on both the mining industry and BTC's value.

Fiji central bank warns against crypto use, disappointing Bitcoin hopes

The Fijian prime minister’s reported consultations on introducing Bitcoin into the economy seem to have been in vain.

Meta announces VR education metaverse for ages 13 and up

The University of Glasgow, Stanford University, and New Mexico State are already using Quest headsets to educate students.

Base asset tokenization protocol loses $1.7M due to private key leak

“Please remove your LP asap, we are very sorry for what happen,” wrote a Grand Base admin.

Buy Bitcoin because ‘your wealth is melting’ away — Unchained report

Research by Unchained suggests that Bitcoin is the best savings tool for investors due to its unique monetary properties.

ETH price nears 3-year lows vs. Bitcoin — Will an Ethereum ETF stem the tide?

The current ETH price dip could present a good buying opportunity for short and long-term investors ahead of the Hong Kong Ethereum ETFs.

Bitcoin eats up fresh bid liquidity as BTC price fights for $65K

Bitcoin is in no mood for a comprehensive BTC price recovery as the week gets underway.

History of Crypto: NFT mania and digital ownership

Between 2020 and 2021, the development of nonfungible tokens saw significant growth and billion-dollar expansion across various sectors.

South African exchange VALR wins dual crypto licenses

VALR receives two licenses from South Africa’s Financial Sector Conduct Authority following new requirements for exchanges in the country.

Norway passes data center legislation signaling more scrutiny for Bitcoin miners

The mining industry in Norway has been largely unregulated up to this point, according to the country’s minister of energy, who cited concerns regarding the greenhouse emissions related to Bitcoin mining.

Hong Kong approves first Bitcoin and Ether ETFs

Hong Kong’s securities regulator reportedly approved the in-kind creation model for Bitcoin and Ether ETFs instead of the cash-create model in the United States.

Why Ripple is launching a dollar-backed stablecoin

The Ripple stablecoin would help attract more institutional participants into the crypto ecosystem and help establish robust regulatory controls.

Samsung secures $6.4B grant to expand Texas chip manufacturing: Report

The South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end of the decade.

OKX launches WIF and MEW spot trading amid memecoin craze

OKX users can now deposit Dogwifhat (WIF) and the Cat in a Dog’s World (MEW) memecoins, while the first withdrawals are coming tomorrow.

Scam crypto projects using stolen funds for liquidity disappear

Blockchain investigator ZachXBT identified scammers providing liquidity funds to several fake projects across multiple blockchains, including Base, Solana, Scroll, Optimism, Arbitrum, Ethereum and Avalanche.

Solana's mainnet beta update v1.17.31 aims to resolve congestion issues

The Solana Foundation claimed ongoing network congestion could be attributed to the high demand for Solana block space and increased network activity.

Germany’s largest federal bank to offer crypto custody services: Report

The Landesbank Baden-Württemberg will start offering crypto custody services to institutional clients starting in the second half of 2024.

How Solana developers are tackling network congestion challenges

Solana Foundation strategy lead Austin Federa unpacks the reasons for Solana’s recent network congestion issues.

$70K BTC price by the halving? 5 things to know in Bitcoin this week

BTC price volatility is the name of the game this week as macro pressures combine with the incoming Bitcoin halving.

PAXG hit new high on Middle East tensions, raising questions about Bitcoin

Tensions in the Middle East ramped up over the weekend following an Iranian drone and missile attack, which saw the price of PAX Gold and Bitcoin reacting very differently.

Bitcoin miners could dump $5B in BTC after halving: 10x Research

Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst.

Only 6 altcoins in the top 50 have outperformed Bitcoin this year

The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better.

John Deaton’s crypto backers help outraise Warren in Senate race

Crypto executives from Ripple, Gemini and Kraken were top bankrollers of John Deaton’s Senate campaign last quarter.

IRS investigation chief expects uptick in crypto tax evasion this year

IRS criminal investigation chief Guy Ficco said his agency has become more aggressive and capable of dealing with crypto-related tax crimes amid tax reporting season.

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