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Let’s find out what was the hottest bitcoin and cryptocurrency news this week!
Monthly cryptocurrency Trading Volume in March Exceeded 1 trillion dollars
The Block reported that the volume of transactions on cryptocurrency in March exceeded $1 trillion following February. However, the cash trading volume of cryptocurrency in March totaled $465.1 billion, down about 5% from $122.3 billion in February. As a percentage of the transaction, Coinbase(22%), Upbit(21%), and Kraken(11%) occupied.
Charles Hoskinson, “The Cardano(ADA) Network to Be Completed in 2025”
Charles Hoskinson, Cardano’s founder, released roadmap in 2025 on YouTube. He announced that Cardano’s developers are currently working to solve the blockchain expansion problems that came during point-to-point transfers, and that they will focus on expansion in the future. And he said he expects to complete the ongoing update works in 2025.
Peter Thiel, “Bitcoin Could Be Financial Weapon of China”
Peter Thiel, Co-founder of Paypal, warned that Bitcoin could be used to degrade the Dollar. In a recent debate, he also presented an opinion that it could become China’s financial weapon.