Dogecoin price action turns bearish as the indicators show that the token doesn’t have what it takes to enter the top 10 cryptocurrencies in the market. The meme coin lost the 11th position in the market and is now situated at the 12th position in the market. It is also important to note that as per our DOGE price analysis for April 6, 2022, the token outperformed the entire crypto space, but it seems that the buyers dumped the meme coin for profit.
To mark the opening of the Bitcoin 2022 conference, Miami mayor Francis Suarez unveiled a laser-eyed bull statue meant to symbolize Miami becoming the self-proclaimed “world’s capital of crypto.”
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments.
Last year, Facebook rebranded itself as Meta suggesting its biggest shift into the world of Metaverse. As per the latest news, Meta Inc (NASDAQ: FB) is planning to introduce virtual coins, tokens, and lending services to its apps.
Bitcoin Cash (BCH) can be bought with many different types of digital currency and then stored in digital wallets. There are many digital wallets available to purchase and store BCH. What is more, you can always choose between online wallets and hard-drive wallet devices to store your digital coins.
Bitcoin (BTC) and the broader crypto market have corrected 5% as investors decide to turn risk-averse preparing for the biggest Fed rate hike. Earlier today, Bitcoin fell to a low of $42,700 before recovering back marginally.
Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app. In an Australian first, the bank aims to grant all of its 6.5 million users access to cryptocurrency services.
While cryptocurrency markets are showing slight bearish momentum this week, Metaverse tokens manage to hold their support levels. There are hundreds of Metaverse tokens on the market, and while some have tremendous long-term potential, others are fueled by hype and won’t last until the end of the year.