The leading cryptocurrency by market value fell 5.7% to $65,742 in a bearish resolution of the recent week-long consolidation between $68,000 and $72,000. Bitcoin’sevent is approaching this month, expected on April 21. The event reduces the pace of BTC production by 50%. Some analysts say the event has already been well telegraphed by the market, limiting any major reaction.
The license allowing FZE to operate as a virtual asset exchange for spot and derivatives trading remains nonoperational until Deribit satisfies all remaining conditions and local requirements of Dubai’s Virtual Asset Regulatory Authority , Deribit said in the press release. Once operational, it will allow Deribit to serve institutional and qualified investors while continuing to serve retail investors through its Panama-based broker affiliate.
In the past seven days, NEAR has seen the biggest increase in unique active wallets, followed by Solana and Polygon. The BNB Chain has slipped to the fourth place, with Ethereum at number 12.interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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