Crypto’s bullish momentum may stall at the $1.2 trillion total market cap resistance, but traders’ newfound caution has not translated to excessive demand for short positions. Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the...Continue Reading

Apex Crypto has brokered $12.5 billion in crypto trades since inception. On Apr. 3, blockchain technology platform Bakkt announced that it completed its acquisition of Apex Crypto LLC. Previously, in November 2022, Bakkt stated it would pay $55 million in cash and stock, worth an estimated $145 million at the time, for the deal.  Launched...Continue Reading

Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors. Last week brought troubling news for the world’s largest crypto exchange, Binance. The United States Commodity Futures Trading Commission accused the company and its CEO, Changpeng “CZ” Zhao, of trading...Continue Reading

The newly branded Halo Wallet seeks to broaden its efforts from Web3 to social finance, also known as SocialFi. Decentralized wallet KuCoin Wallet announced on Apr. 3 that it has rebranded as Halo Wallet and launched a new SocialFi ecosystem. According to the announcement, the newly independent Halo Wallet received a fresh round of financing from...Continue Reading

The financial regulator said the theme for 2023’s National Financial Capability Month was “investing for everyone,” but seemed to associate crypto with scams and fraud. The United States Securities and Exchange Commission has announced a series of educational events targeting underrepresented communities and others — but suggested participants would be taught to “exercise caution” on...Continue Reading

Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins. Bitcoin’s (BTC) price initially dipped, but then recovered on April 3. The volatility happened after several OPEC+ members announced plans to cut oil production totaling 1.65 million barrels per day until...Continue Reading

Fidelity’s head of macro suggests that the end of the Fed’s quantitative tightening policy could be bullish for Bitcoin and gold. The United States Federal Reserve began its most aggressive quantitative tightening efforts in March 2022, raising benchmark interest rates in the year since from near-zero to 4.75% to 5% annually. While the central bank...Continue Reading

The American billionaire is being sued for $258 billion in a racketeering lawsuit alleging Musk ran a pyramid scheme to support Dogecoin. On Apr. 3, social media giant Twitter changed its icon to that of the symbol on the popular meme token Dogecoin (DOGE). Just two days prior, Elon Musk, CEO of Twitter and Tesla,...Continue Reading

Movies about hacking and cybersecurity, such as WarGames, The Matrix and Mr. Robot, have helped viewers explore the potential risks of technology. Watching hacker and cybersecurity movies can be both entertaining and informative. These movies can provide a glimpse into the world of cybersecurity, hacking and cybercrime, which can be fascinating and thought-provoking. Also, these...Continue Reading

Bitcoin will make a decision sooner rather than later, according to cues from the Binance order book. Bitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Watch for rugs” on BTC Data from Cointelegraph Markets Pro and TradingView followed BTC/USD...Continue Reading