Did the crypto market bottom this week? — Here’s what the data shows

Bitstamp is replacing its CEO for the first time since the company’s establishment. 1785 Total views 3 Total shares Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is replacing its CEO for the first time.Nejc Kodrič, the firm’s CEO who co-founded Bitstamp back in 2011, is stepping down from his position. He will…

Casa finds ElectrumX to be the “best bang for the buck” for server implementations after test. 1008 Total views 48 Total shares Crypto custody firm Casa released results from its test to find a new way to connect to the Bitcoin network and found ElectrumX had the best bang for the buck.Casa founder and cypherpunk…

The price of Bitcoin (BTC) has remained stagnant in the $9,300–$9,500 range for seven days with low volatility. Traders expect the top cryptocurrency to see a huge price movement in the near term. However, prominent crypto traders are divided on whether Bitcoin will see a resumption of a bearish trend by revisiting the $7,000s in…

Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support.

Sounds like its CBDC is unlikely to dethrone the United States dollar as the world’s reserve currency anytime soon. 1711 Total views 18 Total shares David Roche, president and global strategist at Independent Strategy, believes that China’s digital yuan has “a long way” before it will become able to challenge the U.S. dollar as a…

Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31.Per the statement, the company intends to adhere to local laws and regulations in the countries it works in. Therefore, the firm has decided to support gambling…

Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies. 248 Total views 2 Total shares In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economy. According to a recent headline in The Wall Street…

Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX's occurred again. 985 Total views 5 Total shares Ron Wyden, chair for the United States Senate Finance Committee, has requested information from six crypto firms on consumer protection following…

Developer Brian Guan claimed that the funds were drained in just two minutes, sparking mixed reactions within the crypto community.