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BTC, DOT, XMR, APE, CAKE

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Bitcoin (BTC) and several altcoins are trading in a tight range during the weekend, suggesting that investors are undecided about the next directional move. Traders may be waiting for Wall Street to open before placing large directional bets because Bitcoin has been tightly correlated with the S&P 500 in the past few days. The sharp
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New York lawmaker proposes 2 year moratorium on power plants to stop growth of crypto mining

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New York has become a battleground for crypto mining after lawmaker Anna Kelles submitted a proposal to “place a two-year moratorium on reactivating fossil-fuel power plants for off-the-grid cryptocurrency mining,” the Wall Street Journal reported. Kyle Schneps, director of Bitcoin mining company Foundry Digital LLC, said. “We view the battle going on in New York
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6 Questions for Lili Zhao of Neo – Cointelegraph Magazine

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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!   This week, our 6 Questions go to Lili Zhao, director of ecosystem growth at Neo — an open-source blockchain development platform.   The A to
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Monero ‘falling wedge’ breakout positions XMR price for 75% rally

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Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised to resume its uptrend over the next few months. Falling wedge breakout underway Notably, XMR’s price broke out of its “falling wedge” structure in late
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Crypto Analyst Says One Altcoin Could Print 10x Gains, Updates Forecasts for Bitcoin (BTC) and Ethereum (ETH)

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A closely tracked crypto strategist and trader is unveiling one altcoin he believes could record a 900% rally while updating his outlook on Bitcoin (BTC) and Ethereum (ETH). Pseudonymous crypto analyst Credible tells his 327,800 Twitter followers that he expects Bitcoin to correct to as low as $38,000 before it kicks off another rally. “Up
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Why does Ethereum have an intrinsic value?

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Ethereum is shifting from a proof-of-work (PoW) to a proof-of-stake (PoS) governance mechanism in the foreseeable future, resulting in a faster and more efficient blockchain. The Ethereum Network has experienced a considerable spike in transactions volume and size since DeFi and NFTs have captured the finance and art worlds. Such traffic has often caused systemic
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Ethereum (ETH) Witnessing Surging Activity Amid Price Stagnation, According to Crypto Analytics Firm Santiment

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A leading crypto analytics firm says that the address activity on Ethereum is surging despite ETH’s recent sideways price movement. In a new tweet, Santiment notes that ETH’s daily active address total hit 592,000 on Wednesday, the highest amount since March 18th. “Ethereum’s address activity really picked up this week, with Wednesday’s 592k addresses being
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Coinbase NFT launches beta, AMC Theatres rolls out SHIB and DOGE payments, and Blockchain.com eyes IPO: Hodler’s Digest, April 17-23

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week AMC Theatres mobile app accepts Dogecoin, Shiba Inu and more
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