⁠Bitcoin eyes highest weekly close since early February as BTC price hovers under $42K

Things are looking up on higher timeframes for Bitcoin price action, with stocks also pointing higher on Friday.—link

Florida governor says the state will accept Bitcoin for tax payments — link

Bitcoin prices have now consolidated between $38k and $45k for over 2-months, and a large volume of $BTC has changed hands.

This chart shows:
🟥 Newer buyers (Short-Term Holders) have accumulated heavily in this range.
🟦 Many Long-Term Holders are holding coins at a loss.

⁠Ethereum price breaks through $3K, but analysts warn that a retest is needed

ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first.—link

Social media giant Meta highlights crypto in new trademark applications — link

KRAFTON, creators of the globally popular PUBG: BATTLEGROUNDS battle royale game, today announced the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services.

Honduras Will Adopt Bitcoin As Legal Tender In The Coming Days.

According to numerous online sites, Honduras may be the next country to legally recognize Bitcoin as legal tender, following El Salvador.

In August 2021, Honduras had previously installed its first Bitcoin and Ethereum ATM in Tegucigalpa, allowing consumers to purchase digital assets using the native currency lempira.Interestingly, according to CoinMarketCap community voting, Honduras, which borders El Salvador, is only the 40th nation expected to allow bitcoin to be used as legal tender.

The market capitalization of the algorithmic stablecoin UST has soared in comparison to its longer-running counterpart DAI. Year-to-date, UST market capitalization has increased 55%, while DAI’s has risen 5.7%.

Coinbase to require recipient information for crypto transfers from users in Canada, Singapore and Japan — link

⁠Bitcoin to $58K next? A 2019-like 'reversal ascending triangle' hints at more upside for BTC

BTC price charts suggest that $52,500 should be a very challenging resistance level to flip.—link

Digital asset investment products saw inflows totalling $193m last week, the largest since mid-December 2021.

Regionally, the majority (76%) of inflows came from Europe at $147m, while the Americas lagged at $45m.

⁠Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps

There are forces at work which could take BTC price action back to $44,500 in the short term, analysts reveal.—link

Citibank Sees Metaverse Economy as Large as $13T by 2030

The total addressable market for the metaverse economy could be between $8 trillion to $13 trillion by 2030, with up to five billion users, but getting to that market level is going to require sizable infrastructure investment, Citi said in a report on Thursday.

The metaverse is an immersive digital world created by the combination of virtual reality, augmented reality and the internet.Currently the most popular way to experience the metaverse is by playing a video game on a virtual reality headset, Citi said, but it is possible that the "Metaverse is moving towards becoming the next generation of the internet or Web 3.".

Loopring price surges by 50% after GameStop‘s NFT marketplace integration

Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing.

The news sent Twitter shares soaring about 25% in pre-market trading.
The Tesla founder bought 73,486,938 Twitter shares on 14 March, according to the Securities and Exchange Commission.

The stake is worth $2.89bn (£2.20bn), based on Twitter's closing price on Friday.

Neutrino Dollar breaks peg, falls to $0.82 amid WAVES price 'manipulation' accusations

Waves founder Sasha Ivanov says Alameda Research is behind the ongoing WAVES price decline. — link

MicroStrategy (MSTR), the bitcoin-accumulating business-intelligence software company, said it bought another 4,167 BTC for around $190.5 million.

The purchases took place between Feb. 15 and April 4, MicroStrategy said in a statement Tuesday. The Tysons Corner, Va.-based firm paid an average of $45,714 per bitcoin. MicroStrategy now holds a total of 129,218 bitcoins, valued at around $6 billion at the current price of about $46,742. CEO Michael Saylor has said on several occasions that the company plans to hold the bitcoin long term and has no plans to sell it.

EU Parliament passes privacy-busting crypto rules despite industry criticism — link