Bitcoin News

Bitcoin Is Now Legal Tender in Central African Republic
CoinDesk's Nikhilesh De discusses the Central African Republic’s decision to adopt bitcoin as legal tender, following El Salvador as the second country to do so. De explains how currently the two nations’ economies are dependent on foreign powers, possibly driving them to digital assets as a means of self-sovereignty.

First Mover Americas: Bitcoin Draws Premium in Yen Markets, FX Volatility Spikes
The latest moves in crypto markets in context for April 28, 2022.

Morgan Stanley Says Over 100 Crypto Assets Were Created in Past Week, Mainly on DeFi Exchanges
Despite a fall in crypto prices, the creation of digital assets is still high, the bank’s analysts said.

Finland Selects Coinmotion, Tesseract as Brokers for Ukraine Bitcoin Donations
The two brokers will sell the bitcoin with the proceeds donated to Ukraine.

First Mover Asia: Indian Crypto Exchanges' Trading Volume Continues to Dive Following New Tax Law; Cryptos Higher
WazirX and CoinDcx volumes were less than a third of their levels prior to the regulations going into effect; bitcoin and ether rise.

Finland Plans to Donate Seized Bitcoins to Help Ukraine: Report
The bitcoin seized in various criminal investigations and donated could be worth as much as $77 million, according to the report.

ETF Trade Flows Dip as Bitcoin Drifts Between $37K-$45K
As Australia prepares for its first bitcoin exchange-traded funds, ETF traders are exiting the Canada-based 3iQ Coinshares bitcoin ETF while BTC trends between $37,000 and $45,000. Plus, a conversation about a noted compression in premiums as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

Bullish Uptick in BTC Price and Possible Short Squeeze Signals
CoinDesk Markets Analyst Damanick Dantes shares his bitcoin price analysis, noting bullish momentum and possible signs of an upcoming short squeeze. Plus, BTC put-call ratios and the current state of Bitcoin’s supply.

Bitcoin Payments: The Beginning of Something Extraordinary
Why the first cryptocurrency needs a scaling layer, and the possibilities the Lightning Network opens up. This article is part of Payments Week.


