Bitcoin has failed to continue its recovery and has dipped by roughly 4% to below $54,000. Most alternative coins have suffered even more, with the total market cap losing $150 billion in a day. Yet, Dogecoin is the apparent exception with a 25% surge to above $0.4. Bitcoin Falls to $54K As CryptoPotato reported…

Whale cluster analysis suggests that both hodlers and whales were responsible for the latest sell-off. — Bitcoin has dropped below $54,000 on April 20 while whale clusters suggest that the key areas for BTC to reclaim in the short term are $56,274 and $55,172. The cryptocurrency market began to drop once again after an initial relief rally on Monday. …

While Cardano and Polkadot are extending their staking dominance, Tezos has plummeted from the top ten by staked capitalization. — The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing the network. With Cardano’s…

OKEx is the seventh major exchange to add the scaling solution. — OKEx Goes Live With Bitcoin Lightning Network Deposits, Withdrawals Crypto exchange OKEx’s support for Bitcoin’s Lightning Network is now live. The Lightning Network is a second layer that works atop Bitcoin to facilitate faster and cheaper transactions than Bitcoin’s primary network. The exchange announced the integration in February.

Americans carried the digital currency higher, but their enthusiasm may be waning. — It was a Shiba Inu shooting across the sky: Dogecoin’s run over the past week will be one for the history books. However, for all the fireworks social media data is indicating that the meme’s run may have met its end. The digital currency, which originally launched in 2013 and…

The price of Bitcoin suddenly dropped below $60,000 days after the Coinbase public listing. — The price of Bitcoin ( BTC) declined below $60,000 on April 17 after a strong rally throughout the past week in anticipation of the Coinbase public listing on Nasdaq. However, after the COIN listing, which is the ticker of the Coinbase stock, the cryptocurrency market started to correct.

Tesla stock tokens will be available on cryptocurrency exchange Binance when the Nasdaq opens Monday — but not for everyone. Investors in the U.S., mainland China and Turkey will not be able to own the stock tokens, which allow traders to buy and sell fractions of underlying shares, a notable…

Ripple’s lawyers will dig through the SEC’s internal discussion on crypto for mention of XRP. Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the…

Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. — David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today, Solomon was quizzed on the banking giant’s moves to adopt Bitcoin. The CEO kept his cards close to…