Milk Road has acquired Bitcoin Price! Milk Road is the #1 crypto newsletter that is free and will make you smarter about crypto! | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $28,528 | Bitcoin price appears to be attempting to break out of its recent consolidation pattern, as price pushes up against the $28,500 mark to begin the week. | Top-20 altcoins are relatively steady over the last 24 hours, as Ether gains 1%, BNB gains less than 1% and Litecoin is the biggest mover with a 3% advance. | Top Stories for April 10, 2022 🔥 | | Bitcoin remains the most searched term in the United States, despite the growing discussions around topics such as Donald Trump and guns. | A search volume comparison based on Ahrefs data showed that Nevada is the most Bitcoin-crazy state in the US, followed by Miami, California, and Washington. Lower taxes and local government initiatives to promote innovation were cited as the primary reason for the finding. | Donald Trump exceeded Bitcoin for just two days in the last 30 days, when reports of his possible arrest emerged. | | The Bank of England is reportedly looking to hire up to 30 staff to develop a central bank digital currency (CBDC). | In February, the central bank and finance ministry announced further research and development on a digital version of the pound sterling, dubbed "Britcoin" by the press. The bank's website careers page now lists positions for a digital pound security architect and digital pound solutions architect, both added toward the end of last month. | The bank has not yet confirmed whether a digital pound would use distributed ledger technology. | | The New York Times' recent report on Bitcoin mining has been criticised by Bitcoin proponents for "cherry-picking" data and exaggerating the actual fossil fuel use of BTC miners. | Despite the controversy surrounding Bitcoin mining's energy consumption, it is seen as an important factor in making BTC decentralised and adding a layer of security. The Bitcoin Mining Council report for Q4 of 2022 stated that 58.9% of the Bitcoin network's energy comes from renewable sources. | | Today on Milk Road: Trouble for Binance.US, the DOJ seizes another $100M+ in crypto, Crypto, Snoop Dogg, and Wrestlemania, and LooksRare launches V2 of its NFT Marketplace. |
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