Bitcoin has fallen back below $45,000 this week, traditionally pulling other cryptocurrencies as well. On April 11, Bitcoin fell below $40,000 and Ethereum fell below $3,000.
(Arthur Hayes thinks the crypto market will fall - Bitcoin may drop to $30,000 and Ethereum to $2,500 by the end of Q2.)
Bitcoin outflows from exchanges in March 2022 were the second largest ever. Elon Musk and Twitter
This week, it became known that Elon Musk bought a 9.2% stake in Twitter.
This makes the head of Tesla the largest shareholder of the American social network. The value of his stake is about $2.9 billion.
After buying a 9.2% stake in Twitter for $2.89 billion, Elon Musk suggested adding Dogecoin as a payment method for subscribing to the premium Twitter Blue service.
(However, Elon Musk refused to join Twitter's board of directors after becoming the company's largest shareholder). Closing Hydra
German law enforcement authorities announced the liquidation of the Hydra darknet market. The police confiscated the servers of this Russian-language service as well as 543 bitcoins. Tesla miner
Tesla, Block and Blockstream said they will be mining bitcoins on solar power in Texas.
Construction of the data centers has already begun. The richest people in the cryptocurrency industry
Forbes ranked the richest representatives of the crypto industry.
- Founder and head of cryptocurrency exchange Binance Changpeng Zhao ($65 billion).
- Founder and CEO of FTX exchange Sam Bankman-Fried ($24 billion).
- CEO and founder of Coinbase Brian Armstrong ($6,6 billion).
In addition to the top three, the lists also include:
Donation from Vitalik Buterin
- FTX co-founder Gary Wang - $5.9 billion
- Ripple CEO Chris Larsen - $4.3 billion
- Gemini CEO Cameron and Tyler Winklevoss - $4 billion each
- Upbit CEO Son Ji-hyun - $3.7 billion
- Barry Silbert, CEO of Digital Currency Group - $3.2 billion
Vitalik Buterin donated $5 million to Ukraine this week.
He sent 1,500 ETH to the relevant charities without announcing it in any way - analysts found the corresponding transactions in the blockchain of the second largest cryptocurrency by capitalization. MicroStrategy bought over 4,100 BTCs for $190 million
MicroStrategy's division, MacroStrategy, acquired 4167 BTC worth $190.5 million. The company currently holds 129,218 BTC in reserves. Ledger introduced an updated version of the hardware wallet
Hardware wallet maker Ledger has introduced a new device, the Nano S Plus, aimed at NFT collectors and DeFi users.
According to the developers, the new device has a larger screen, and increased memory "allows you to install over 100 apps and manage more than 5,500 digital assets." A shadow fork using Proof-of-Stake (PoS) has been deployed on the main Ethereum network
Shadow fork using Proof-of-Stake (PoS) will allow testing that is as close to the real thing as possible.
One of the developers of the second most capitalized cryptocurrency reported that the shadow fork passed with great success, although some difficulties still arose, but they are already being corrected.