BTC price weekly close nears $90K — 5 Things to know in Bitcoin this week

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. 912 Total views 8 Total shares Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse.…

Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds, according to a company announcement published on May 1.The lion’s share of the new capital will go toward a specialized $2 billion late-stage venture fund (LSV Fund I), headed by Andreessen Horowitz general partner David George.The…

Bitcoin (BTC) starts a new week with consolidation in the air amid some of the least volatile conditions ever.Despite losing 5% in an hour last week, Bitcoin’s subsequent lack of volatility is on every trader’s mind.The question is whether that will change in the coming days. There are plenty of potential catalysts, from macroeconomic data…

Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and 4-hour timeframe show the price compressing within a flag and throughout the majority of the trading day, the $15,500 level has held as support. $15,750 is the level Bitcoin needs to…

The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners.

Is Buterin trying to put a lid on the potato-related excesses of yield farming? Vitalik Buterin said he did not personally engage in any yield farming for tokens on decentralized finance.In a tweet published on Friday, the Ethereum co-founder explained that his only major interaction with yield-bearing DeFi protocols was putting “a few coins into…

Evolve Funds Group Inc has filed a preliminary prospectus for an Ether ETF in Canada. 2306 Total views 13 Total shares Less than a month after becoming the second firm to secure approval from Canadian regulators to list a Bitcoin (BTC) exchange-traded fund, Evolve is looking to debut an Ether (ETH) ETF product in Canada.According…

United States pro-crypto Congressman Warren Davidson (R-OH) has once again called for clear regulations of blockchain industry to maintain U.S. economic dominance.On Nov. 4, Davidson published a letter in the Wall Street Journal in response to an Oct. 24 report on automation in manufacturing. The congressman urged the U.S. government to encourage innovators to stay…