Bitcoin

The unnamed American was accused of using cryptocurrencies to evade US sanctions. The defendant sent over $10m to two exchanges registered in one of the sanctioned jurisdictions.

The data from the Cambridge Centre for Alternative Finance indicates that China’s hashrate share is rebounding after dropping to near-zero last year.

Bitcoin briefly reaches $25k as the crypto market sell-off continues, and investors’ sentiment is in “Extreme Fear” territory.

This largest spike in net exchange inflow since December 2019 “marks maximal crowd polarization,” the on-chain analytics firm says.

Credible Crypto announced to their 330k followers that Bitcoin is likely to dip lower, pointing out the activity of the Bitfinex whale.

Crypto funds saw net outflows for the fourth consecutive week, losing $120m this week and bringing total outflows to $339m, according to the CoinShares weekly report.

However, the donation won’t take a form of a direct crypto transfer as the Finnish government fears it will trigger connotations of criminal activity.

A new record was set on Saturday, April 23, at block 733,197. The network's hashrate indicates how many hashes are generated by miners trying to solve the block puzzle.

The fear and greed index remains in the fear zone of 27 despite the two-day rebound after Bitcoin dipped below $40,000.