On Tuesday, Bitcoin price was hovering below the $47,000 mark. Ethereum too was flat as the global cryptocurrency market remained volatile. Bitcoin, the world’s most valuable cryptocurrency by market capitalization, is trading at $45,342.51 with 3% loss.
Solana price analysis for April 6, 2022, ends on a bearish note for the token as SOL has dropped more than 5% in the last 24 hours. Furthermore, it is also a notable fact that SOL has not been able to break into the $150 price region for long. We also noted in our SOL price analysis for April 5, 2022, that the token has failed to retain above $140 on a number of occasions in the past few weeks.
Cryptocurrency markets are showing a downtrend during early Asian trading hours. The global market cap is down by 3.24 percent in the last 24 hours and is at $2.09 trillion. Barring Dogecoin and Terra, none of the altcoins were holding gains.
Goldman Sachs said it is planning to offer over-the-counter (OTC) options trading for Ethereum (ETH) to its clients. The investment bank cited growing client interest in the token ahead of its widely anticipated shift to a proof-of-stake (PoS) model.
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection.
The Forbes crypto billionaires list has been updated, and the number of individuals who have made vast fortunes in digital assets has increased substantially.
As governments around the world move forward with CBDC research and development, it has become clear that such assets will play a notable role in achieving a stable economy.
Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on Twitter.”