1. Bitcoin at Most Overbought Level Since Record Bull Run: Bloomberg Analyst
Bitcoin (BTC) is at its most overbought level since its record highs in December 2017, Bloomberg Intelligence analyst Mike McGlone claimed in an article published on April 5.
Per the report, Bitcoin’s GTI Global Strength Indicator shows that the coin has not been this overbought since its price neared its record peak of $20,000. Bloomberg also claims that similar patterns in the past have heralded multi-week long downturns.
[Source: Cointelegraph] ✩✩✩✩✩
2. Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service
The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph today, April 5. The service is set up to send payments between Thailand and Myanmar.
[Source: Cointelegraph] ✩✩✩✩✩
3. Ripple partners with RationalFX; acquires 180,000 new customers
Ripple added another feather to its hat with a partnership with RationalFX. The Financial Conduct Authority [FCA] regulated foreign exchange company, RationalFX, announced that they would enable their 180,000 customer base to make cross-border payments to over 200 destinations.
[Source: AMBCrypto] ✩✩✩✩
4. Blockchain and DEX Startup Radar Releases New Lightning Network Developer Tools
Radar, the startup behind decentralized exchange Radar Relay that raised $10 million last year, announced that it will release new Lightning Network developer tools. The statement was made in a Medium post published on April 5.
[Source: Cointelegraph] ✩✩✩✩
5. G20 to Establish Crypto AML and Counter-Terrorism Financing Regulations in June: Report
G20 member countries will meet to discuss international cryptocurrency Anti-Money Laundering (AML) regulation on June 8 and 9 in Fukuoka, Japan. The news was revealed in a report from local news outlet Kyodo on April 4.
[Source: Cointelegraph] ✩✩✩
6. CME Group Bitcoin Futures Hit Record Volume on April 4th
CME Group, the leading derivative market in the United States, reported that Bitcoin futures hit a record trading volume on Thursday, April 4th.
[Source: Ethereumworldnews] ✩✩✩
7. Justin Sun Says New USDT-TRON will be Fast, Free and Smart!, Launch Expected On 9th Of April
In a chat with Rachel Wolfson on The Crypto Chick, the CEO said the USDT-Tron token holds many potential advantages for investors that are already drawing their attention to the token. According to Sun, the stablecoin will be “fast, free and smart”. He also expressed the desire Tron has to meet the demands of investors.
[Source: Zycrypto] ✩✩✩
8. Crypto Firm Bitpanda Secures Payments Service Provider License Under EU Rules
Viennese crypto and fintech firm Bitpanda has received a payment service provider license from Austria’s financial regulator. The development was reported by Cointelegraph auf Deutsch on April 4.
[Source: Cointelegraph] ✩✩✩
9. Ripple Building: First Fiat–InterLedger Protocol (ILP) Connector Launched
The Ripple development team has launched the first fiat InterLedger Protocol (ILP) connector, and it is expected to be a big step towards interoperability with traditional financial systems and gain massive adoption.
[Source: Ethereumworldnews] ✩✩✩
10. TRON Foundation’s Justin Sun Hints at ‘Official’ Collaboration With Ethereum This Year
Tron (TRX) founder and CEO Justin Sun claimed that he thinks the Tron ecosystem will “officially collaborate” with Ethereum (ETH) this year. Sun made his comments during an interview on The Crypto Chick podcast on April 6.
[Source: Cointelegraph] ✩✩✩
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