🗞 Daily Crypto News, April, 27th

NFT Devs Build While Users Follow Ethereum Price & Wait For Better Products;
Is Liquid Sidechain a Path for Better Bitcoin Privacy? ;
Bitcoin Price: 5 Things to Know for Crypto Markets This Week (4/27);
The Netherlands’ AMLD5 Interpretation Appears to Be Killing Crypto Firms;
BTC Annual Inflation Rate Almost 50% of World Average After Halving;
🗞 Daily Crypto Calendar, April, 27th 💰
Bitcoin Trading Update

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 NFT Devs Build While Users Follow Ethereum Price & Wait For Better Products

The videogame industry saw growth in download and usage numbers during the lockdowns.
"

The NFT gaming world isn't very large, and the users are very valuable."

The coronavirus-related lockdown might help the non-fungible token (NFT) market, but industry players should offer better products if they want this sector to go mainstream.

While the NFT market is slow lately and people are currently selective with their purchases, the NFT gaming will pick up and become mainstream eventually, believe five experts Cryptonews.com talked to.

"I think the NFT gaming scene will go mainstream one day," says Andrei Edell, founder of a collectible indie card game on Ethereum (ETH), Flowerpatch, with transparent gaming companies and marketplaces like OpenSea leading the way. This will happen once the usability issues are solved as “it needs to be super easy.”

Gamers will realize that their digital property has real value and that they should truly own it.

🗞 Is Liquid Sidechain a Path for Better Bitcoin Privacy?

Liquid, which is more centralized than Bitcoin’s main chain, might be useful for traders seeking better privacy.

Those who are interested in long term cold storage and censorship-resistant payments should use Bitcoin’s main chain.

Although Bitcoin (BTC) first hit the mainstream as a sort of anonymous Internet currency that allowed people to order drugs via darknet markets like Silk Road, the reality is transactions made on the network are completely public. Indeed, the current level of privacy offered by Bitcoin and many other cryptocurrency networks is far from ideal, although there have been a number of improvements, such as CoinJoin, implemented over the years.

While the nature of Bitcoin makes it difficult to implement changes quickly, some developers think the Liquid sidechain built on the Bitcoin network by Canada-based major blockchain company Blockstream has the potential to improve privacy for BTC users. However, others see the sidechain, which runs on a model of “federated custody,” as mostly uninteresting from a cypherpunk perspective.

🗞 Bitcoin Price: 5 Things to Know for Crypto Markets This Week (4/27)

Bitcoin (BTC) has consolidated gains nearer $8,000 — but does the coming week have in store for the asset leaving stocks in the dust?

New alarm bells for stocks

Stocks continue to move higher, and Bitcoin continues to move in line with stock market sentiment.

While reducing its correlation in recent weeks, Bitcoin still remains sensitive to major moves on Wall Street. This week, prices there continue to trend upwards, but all is not what it seems, analysts warn.

“Sharp declines in market breadth in the past have often signaled large market drawdowns,” Bloomberg quoted strategists at Goldman Sachs as saying on April 27.

🗞 The Netherlands’ AMLD5 Interpretation Appears to Be Killing Crypto Firms

The Dutch crypto market is seeing the first of most likely many small crypto exchanges get squeezed out following the passage of heavily criticized anti-money laundering (AMLD5) regulations.

Announced Friday in a company blog, Bittr founder Ruben Waterman said his bitcoin exchange, launched in 2018, will shut down by April 28 as the one-man operation does not have the capital to meet the new regulations. The Dutch National Bank (DNB) estimates that registration alone costs $36,500, in addition to rolling compliance needs.

The development shows what Dutch regulators expect of financial upstarts and could speak to future hurdles to cryptocurrency development in the greater EU.

🗞 BTC Annual Inflation Rate Almost 50% of World Average After Halving

Crypto analyst Mati Greenspan noted the annual inflation rate of Bitcoin would fall from 3.65% to 1.8% once the halving happens in May.

Once the Bitcoin rewards halving goes through on May 12, the annual inflation rate of the cryptocurrency will be about half of the global average.

As crypto analyst Mati Greenspan noted on Twitter on April 26, the annual inflation of Bitcoin (BTC) will fall from 3.65% at the time of press to 1.8% once the halving happens in 15 days. The global annual inflation rate for 2019 was 3.41%, and is approximately 3.56% so far for 2020.

🗞 Daily Crypto News, April, 27th💰

Digitex Futures (DGTX)

"It’s official! We're launching the #DFE mainnet April 27."

Azbit (AZ)

"Weekly token destruction is carried out to increase the value of existing AZ."

Veros (VRS)

"LISTING VEROS | VRS 3.0 on P2PB2B.io exchange."

COTI (COTI)

"Active trading will begin on April 27th, 2020. No listing fees involved!"

Bitcoin Trading Update by my friend @cryptopassion

Here is the chart of my last analysis :

Here is the current chart :

We start to see that the market is becoming nervous and that the traders want to start a move and perhaps even a break out. It is impossible to know which will be the direction but be ready because we should have a nice move quiet soon.

🗞 Daily Crypto News, April, 27th

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 NFT Devs Build While Users Follow Ethereum Price & Wait For Better Products

🗞 Is Liquid Sidechain a Path for Better Bitcoin Privacy?

🗞 Bitcoin Price: 5 Things to Know for Crypto Markets This Week (4/27)

🗞 The Netherlands’ AMLD5 Interpretation Appears to Be Killing Crypto Firms

🗞 BTC Annual Inflation Rate Almost 50% of World Average After Halving

🗞 Daily Crypto News, April, 27th💰

Bitcoin Trading Update by my friend @cryptopassion

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