BitDigest April 28 · Issue #890
- Eth breaks $2,700 hitting new all-time-high
- Turkey may establish a central custodian bank in response to recent digital currency exchange failures
- EIB to issue €100 million blockchain-based bond offering
The Headlines
Turkey Looking to Establish Central Custodian Bank
Iran to Allow Select Importers to Pay in Crypto
Luxembourg to be 'Digital Frontrunner' with Crypto Technology
Ethiopia Putting Educational Records on Blockchain
EIB Offers Two-Year Notes in Debut Blockchain Deal
EQOS Gains Liquidity Providers
DBS, JP Morgan and Temasek Developing Blockchain-based Cross Border Payments Platform
US Bank To Offer Crypto Custody Services
Visa Focusing on Crypto in a 'Very Big Way'
Gemini Launching Mastercard
DCG and COIN Named to Time's Most Influential Companies List
Exchange, Custody and Product News
Binance Introducing NFT Marketplace
Daily Cartoon
Reports you may have missed
Happy Halving Day to all. It has been another volatile 24 hours for crypto markets, with war-related headlines sending risk assets lower overnight. BTC-1.05% briefly dipped below the $60k mark but has since recouped all its losses and is now trading above $64k. ETH-1.51% followed BTC's initial drop, trading below $2900 last night, but it has now rebounded to above $3000. SOL-1.02% has shown remarkable resilience amid the turmoil, now...
Tether Outlines New Organizational Structure, Aptos Partners with Microsoft, Brevan Howard, and SK Telecom
Traditional markets are finding some relief in Thursdayâs trading after four consecutive sessions of losses. The SPY and QQQ have gained approximately 0.30%, while the IWM (+0.99%) is showing outsized gains. Crypto markets are finding larger relief, with $BTC rising 3.92% to $63.7k, and $ETH gaining 2.71% to exceed $3,050. Injective ($INJ) is one of the leading tokens today, gaining 9.37% following news of a partnership with JamboPhone to bring blockchain-powered financial solutions to emerging markets. JamboPhone...
Equities and crypto assets are selling off in tandem today as inflation and geopolitical fears have spooked risk assets. The SPY and QQQ have decreased by 0.46% and 0.92%, respectively, while crypto is selling off more aggressively. $BTC (-5.49%) has tested the high $59,000s and $ETH (-4.42%) is trading below $3,000. Among a sea of red, $SUI is showing relative strength, gaining 6.44% on the back of a partnership announcement with...
Risk assets remain under pressure as the DXY's relentless rally has continued, now approaching its 2023 highs, currently at 106.5. Rates continue to move higher, with the 10Y now reaching a new year-to-date high of 4.7%. Gold continues its upward march amid persistent geopolitical tensions. Crypto remains weak in the face of rising rates, geopolitical risks, and tax season. $BTC continues to range between $61K and $63K following yesterday's afternoon...
