Hodler’s Digest, March 30 – April 5 – Cointelegraph Magazine

The best stories of the week

Arthur Hayes likes prices because printed monetary pain is good for bitcoin

The co-founder and former CEO of Bitmex, Arthur Hayes, said that the prices of American president Donald Trump could draw the world economy in some respects, but this same disturbance could be exactly what Bitcoin needs to rally.

“The global imbalances will be corrected, and the pain listed with printed money, which is good for the BTC,” said Hayes in a post of April 3.

His comments arise just one day after having announced that the Trump administration will hit all countries with a rate of 10% from April 5, some countries faced with even higher rates, such as China faced at a rate of 34%, with the European Union of 20% and in Japan.

Hayes explained that prices have a positive impact on the Bitcoin price for several reasons. One of them, he said, is the “weakening” of the US dollar index (DXY), while foreign investors continue to sell US stocks and “bring money home”.

Spacex Flight Bankrolled by Crypto Investor first launches the inhabited polar orbit

SpaceX by Elon Musk sent a crew of four private astronauts to the first inhabited space flight to orbit the posts of the earth, in a mission by bypass and directed by a rich cryptographic investor.

Chun Wang, the Maltese entrepreneur of Chinese origin who founded the Bitcoin Mining Pool F2Pool, paid and directs the “Fram2” mission of SpaceX, which is named after a Norwegian exploration ship of the Arctic of the 19th century.

Wang and three others took off from Cape Canaveral, Florida, at 1 h 46 UTC on April 1, on an orbit of three to five days which will be the first human space mission to fly over the north and southern poles.

The co-founder of Binance, Changpeng Zhao, advises Kyrgyzistan on Blockchain Tech

The former CEO of Binance, Changpeng “CZ” Zhao, will begin to advise the Kyrgyante Republic on blockchain and regulations and technology linked to crypto after having signed a memorandum of understanding with the country’s foreign investment agency.

“I officially and unofficially advise some governments on their cryptographic regulatory frameworks and their blockchain solutions for the effectiveness of the government, expanding blockchain more than trading,” said the cryptographic entrepreneur in an article on April 3, adding that he finds this work “extremely significant”.

His comments came in response to a previous post X of the President of Kyrgyzstan Sadyr Zhaparov announcing that the National Investment Agency of Kyrgyzstan had signed a memorandum with CZ to provide technical expertise and consulting services to the country of Central Asia.

Fortnite doubles on a cryptographic joke with another secret “bits” location

The Fortnite royal online battle shooter has just added a new secret “bits” server location to his last update of the card – which prompted a little peak in an otherwise obscure.

Videos on social networks show a new location of the “bit” servers farm in the game – made to look like an cryptocurrency exploration operation. There are other locations on the map where it appeared.

Samecoin Dill Bits, based in Solana, inspired by Fortnite currency in the game, increased by $ 0.0005 by April 4, while the cryptographic community also took note of the last addition.

Fortnite introduced dill bits like a currency in the game in February as a joke towards the crypto.

American legislators press dry for information on the cryptographic society supported by the Trump family

Two Democratic legislators of the American Senate and the House of Representatives called the Chairman of the Titles and Exchange Commission (SEC), Mark Uyeda, to preserve information concerning World Liberty Financial, the Crypto company supported by the family of President Donald Trump.

In a letter of April 2, senator Elizabeth Warren and the representative Maxine Waters – classified the members of the senatorial banking committee and the Chamber of Financial Services, asked respectively – Uyeda to provide information to the Congress according to Trump’s ties to World Liberty Financial.

The two legislators suggested that the SEC could be influenced by the cabinet, and “this conflict of interest could interfere with its mission to protect investors and maintain fair and ordered markets”.

Winners and losers

At the end of the week, Bitcoin (BTC)) is $ 83,767, Ether (Ethn)) has $ 1,810 And Xrp has $ 2.12. Total market capitalization is at $ 2.68 Billion Billions, according to CoinmarketCap.

Among the 100 largest cryptocurrencies, the three main Altcoin winners of the week are EOS (EOS) at 38.10%, pendle (Pendle) at 17.97% and Fartcoin (Fartcoin) at 9.13%.

The three main Altcoin losers of the week are Pi (PI) At 36.96%, Berachain (Bera) at 31.63% and history (IP) at 25.72%. For more information on cryptography prices, be sure to read Cointelegraph market analysis.

Most memorable quotes

“If my analysis of the major pivot of the QT Fed to Qe for treasury bills is correct, then Bitcoin has reached a local hollow of $ 76,500 last month, and now we start the ascent at $ 250,000 by the end of the year.”

Arthur HayesCo-founder and former CEO of Bitmex

“If we do not unlock Onchain’s interests, the United States lacks billions of USD more users and billions of potential cash flows.”

Brian ArmstrongCEO of Coinbase

“The speculative phase has focused on collecting and trading is over, but NFTs are now entering their next era of growth as a basic infrastructure allowing massive games, AI, fans and authentication of content.”

Charu SethiPresident of Unique Network

“During the analysis of the upper collections, cryptopunks remain a staple – its prestige remains intact even if price fluctuations make it largely inaccessible for the average user.”

DappradarCrypto Analytics Firm

“I expect what in June can see Altcoins start starting again. Presented on the fact that Bitcoin is back to heights of all time at that time. ”

Jamie costChief Crypto Analyst at Real Vision

“People want a decentralized currency. They want freedom. “

Chris RoseSenator of the State of Virginia-Western

Superior prediction of the week

Bitcoin Crash Rish at $ 70,000 in 10 days increasing – the analyst says that it is the “practical background” of the BTC

Analysts say that the Bitcoin Prize could fall to $ 70,000 in the next ten days, because a model of BTC pricing suggests that the trade war led by the United States could upset the feeling of risky investors.

In its latest analysis X, the economist of the Timothy Peterson network warned that Bitcoin could return to its top of all time in the era 2021.

The expectations of Bitcoin prices continue to deteriorate because the impact of “higher than expected” commercial prices arrives at home.

For Peterson, Outlook now includes an uncomfortable journey in the past. “Bitcoin at $ 70,000 in 10 days?” asked.

Top Fud of the week

US Short fines with Crypto FirM CLS Global Water 428K $ for Wash Trading

Authorities of the US Massachusetts State continue to target the illegal practices of the cryptocurrency market, with a local crisis of the CLS Global Cryptographic Services Company.

A Boston Federal Court on April 2 sentenced CLS Global on criminal charges related to fraudulent manipulation of the Crypto trading volume, according to an announcement by the US Massachusetts prosecutor’s office.

In addition to a fine of $ 428,059, the Court prohibited CLS Global from offering services in the United States for a three-year probation period.

The EU could amend the $ 1 billion Elon Musk on illicit content, disinformation

The regulators of the European Union thought of a fine of $ 1 billion against the X of Elon Musk, taking into account the income of its other companies, notably Tesla and Spacex, according to the New York Times.

EU regulators allege that X violated the Digital Services Act and will use a section of the law to calculate an income -based fine which includes other Musk Controls companies, according to a report on April 3 of the newspaper, which cited four people knowing the plan.

Under the Digital Services Act, which entered into place in October 2022 to police social media companies and “prevent illegal and harmful activities online”, companies can be fined up to 6% of world income for violations.

Pirates sell counterfeited phones with cryptographic malware

The Kaspersky cybersecurity company says that it has discovered thousands of Android smartphones counterfeit sold online with preinstalled malware designed to steal cryptography and other sensitive data.

Android devices are sold at reduced prices, Kaspersky said in a press release on April 1, but are riddled with a version of the Triada Trojan which infects each process and gives attackers “almost unlimited control” on the device.

Dmitry Kalinin, a cybersecurity expert in Kaspersky, said that once the Troy gives attackers access to the devices, they can steal crypto by replacing wallet addresses.

Top Magazine Histories of the week

XRP Win leaves Ripple an unprecedented legal actor Crypto

Ripple’s victory in court will be influential but did not pay a legal precedent, and legal experts say that it is a missed opportunity for industry.

New Bitcoin “Memmettegy” company by 9GAG, bonus of $ 3.5 million from the imprisoned CEO: Asia Express

9gag plunges into Bitcoin, the former Boss Crypto puts a bonus check of $ 3.5 million behind bars and prisons in China 34 in 63.5 million dollars in WeChat fraud.

Crypto financial nihilism is over – it’s time to dream again

Crypto has lost its way and industry must return to the repair of the broken financial system.