Kaiko Research: Monthly Market Report April 2021
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Bitcoin Cash’s Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity
BCH fell 20% last week, its biggest loss in three months, as Mt. Gox announced creditor repayments. Slippage surged across centralized exchanges, signaling poor liquidity as prices fell. Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to

Ledger, Coinbase Pay Integrate to Give Users Direct Access to Buy, Sell Crypto
Hardware wallet maker Ledger announced that it is integrating with Coinbase, allowing Ledger users to buy digital assets using the crypto exchange's Coinbase Pay as an on-ramp.Bringing Coinbase Pay into the Ledger Live app is supposed to benefit Ledger users, according to a press release seen by CoinDesk, making it easier for users to receive

Hive Leads Crypto Mining Stocks Higher as Bitcoin Hits All-Time High
Crypto miners, whose shares are most levered to bitcoin prices, surged on Wednesday after the price of the largest cryptocurrency hit an all-time high, trading above $66,000 for the first time.Canada-based bitcoin miner Hive Blockchain Technologies (HIVE), which mines in cooler temperature regions and uses low-cost, renewable energy for its operations, was the best performer…

Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate
Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Cipher Mining (CIFR) announced the purchase of 11,000 bitcoin mining rigs from Canaan Inc. (CAN) after reaching 6 exahash/second (EH/s) of computing power, the firm said Tuesday.The new Canaan model A1346 rigs will boost its computing power to 7.2 EH/s when installed, with energization expected by…

First Mover Americas: PEPE Peaks After Binance Listing
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As Pandemic Decimates Startups, Privacy Industry Holds Strong
can privacy and security startups survive the financial upheavals of COVID-19? (Credit: Startaê Team/Unsplash)Buoyed by scandals including Facebook and Cambridge Analytica and the perennial reports of breaches at companies including Equifax and Marriott, the data privacy industry has expanded significantly over the last few years. The information privacy and security industry was worth an estimated $124…

S.L. Benfica Is The First Major European Football Club To Accept Cryptocurrency
news Portugal’s most popular football club has become the first of its kind to accept cryptocurrency payments after announcing its partnership with the UTRUST payment platform. S.L. Benfica is the first major football club in Europe to allow the purchase of its merchandise in cryptocurrency. This allows fans to pay using UTRUST token (UTK) in…