Nonprofit blockchain advocacy group Coin Center has called the Securities and Exchange Commission’s (SEC) proposed redefinition of an “exchange” an “unconstitutional overreach.”
With the current political turmoil in Europe and the inverted yield curve, it is indeed challenging to define the short-term trend of Bitcoin – so, there could be volatility in the price action associated with the looming crisis. Meanwhile, the miners’ position index (MPI) has surged recently, indicating the possibility of miners’ selling pressure.
Bitcoin price analysis for April 15, 2022, comes on a bearish note for the token as chances of losing the $40K price region seem quite high. The token hasn’t been able to make big moves recently but the bulls did reclaim $41K following a surge in buying pressure, as noted in our BTC price analysis for April 14, 2022. The bears have continuously retested the $39K price region which has held as support for now. On the other hand, we can also confirm that prices might once again rebound after touching $39K.
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.”
Absolut Vodka is celebrating its tenth anniversary by bringing an experience to Decentraland’s Metaverse in a new experience called Absolut Land. Launching its experience during Coachella on April 15th, the collaborative partnership will be one-of-a-kind cooperation enabling users to get exclusive gear, collet-to-earn rewards, and teleport to Coachella IRL!
As anticipated in the previous article, Shiba Inu (SHIB) jumped above its 20/50/200 EMA after facing a slight pullback toward the $0.023 zone. This rally, however, could not sustain beyond the bounds of its long-term Point of Control (POC, red). (For brevity, SHIB prices are multiplied by 1000 from here on).
News of Elon Musk's bid to buy Twitter has the tech and crypto worlds in an uproar, many viewing it as a move for free speech, with others seeing it as a billionaire taking over the (company-run) public square.
Security regulators in two U.S. states have issued cease-and-desist orders against an online casino offering non-fungible tokens.