Bitcoin’s price has been declining in the past few days, being almost 20% down during the last week. This saw many people worried if the 2021 bull run is over. One indicator suggests that if history is to repeat itself, the price should continue its upward trajectory following the most recent crash.

Bitcoin saw a serious decline over the past few days as the price lost upwards of $12,000 over the previous week.
This has also seriously shifted the overall sentiment, as indicated by the popular fear and greed index.
For comparison, last week, the market was in a state of “extreme greed,” and now, just seven days later, following the decline, the indicator shows “fear.”source

MakerDAO and Centrifuge have joined forces to introduce real world asset loans in DeFi.

New Silver, a loan pool on Centrifuge Tinlake, now lets users finance loans using MakerDAO as a credit facility. MakerDAO’s community passed a vote to launch the update last week.

The integration allows anyone to deposit assets to a Centrifuge pool to receive a loan paid in DAI. These assets could encompass cars, real estate, or any other type of physical asset that can be digitized. To date, MakerDAO has only supported crypto assets like ETH and WBTC as a form of collateral.click

Bitcoin (BTC) reached a new all-time high price on April 14 but decreased considerably shortly afterwards.

Despite the drop, the bullish structure for BTC is still intact. Nevertheless, the short-term recovery has been V-shaped, thus a retracement is expected before eventual continuation.click

The exchange is estimated to have had one of the most successful public direct listings in history. Data from Nasdaq indicates that COIN began trading near $328 and peaked at $429 per share, exceeding many experts’ expectations.

On a single day, COIN’s value traded hit an all-time record. Outperforming giants like Alibaba and Facebook, like Senior ETF Analyst for Bloomberg Eric Balchunas pointed out. As Balchunas also stated, COIN broke another record when 4 ETF’s “bought the crap out of” the stock on day 1.source

Whale Alert, a website that tracks big cryptocurrency transactions, has reported 63 Bitcoin transfers tied to the infamous Bitfinex hack over the past hour via its Twitter account.

A combined 10,057 BTC (roughly $627 million) has been moved. The size of the transactions ranges from 50 BTC to 1,241.37 BTC.     

The very first transfer of 300 BTC was detected by the blockchain sleuth at 17:06:28 UTC.

Interestingly enough, the stolen coins started moving around the same time the shares of cryptocurrency exchange began trading on the Nasdaq exchange. This is the first time that they are being shuffled around since November 2020.   

The hackers stole a whopping 120,000 BTC from Bitfinex in August 2016. Last year, it offered a reward of up to $400 million for returning the stolen property.

Source:click

Coinbase wrapped its first day of public trading on Nasdaq with a share price of $328.

It’s down 14% from its debut at $381, but still up 31% from the reference price of $250.

The public debut of $COIN marks an important moment for the crypto industry. A product of the Y Combinator startup accelerator program, Coinbase is now the largest American crypto exchange, with a market capitalization of over $85 billion. It’s seen investments from the likes of Fred Wilson and Marc Andreessen, and played an important role in acquainting US retail traders with popular cryptocurrencies like Bitcoin and Ethereum.
Please:click

The oldest wine shop in America is now accepting Bitcoin payments at wine auctions and retail.

Established in 1820, Acker is the world’s largest rare and fine wine auction house, running weekly online auctions in which collectors sell rare and luxury wines.

The company will now be accepting a range of cryptocurrencies at retail and auction; in addition to Bitcoin, buyers can pay in Bitcoin Cash, Ethereum and Dogecoin. It also accepts certain stablecoins—cryptocurrencies pegged to fiat currencies, such as the US dollar—including PAX, Gemini Dollar and BUSD.click more

Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market.

COIN's reference price was initially $250 but the stock opened at $381 and rapidly rose to a high of around $429.54 before reversing course to $310 once the initial frenzy died down.source