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Weekly Cryptocurrency Market Updates – April 14

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Weekly cryptocurrency Market updates

Techscoops reports this week’s edition of the Weekly Cryptocurrency Market Updates for you to read and stay abreast of happenings in the Cryptosphere.

This report was curated from Coinmarketcap and Binance.

Global crypto market capitalization dipped 5.8% over the past week to $1.96 trillion, according to data from CoinMarketCap.

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Bitcoin ended the week 7.8% lower at $42,287.

MicroStrategy announced it had purchased $190.5M worth of Bitcoin, taking the company’s total stash of BTC to 129,218.
Singapore-based hedge fund Three Arrows Capital bought 31,345 ETH for $101 million.

NFTs at the OpenSea

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OpenSea, the largest NFT marketplace, officially started listing NFTs minted on the Solana blockchain.
Metaverse

Metaverse platform The Sandbox is planning a round of acquisitions, its chief operating officer said.
Technology

Cardano Foundation announced a 3-year collaboration with the University of Zurich to bolster academic blockchain research and education.
Meta is exploring a non-blockchain based virtual currency, the Financial Times reported.
Payments network Strike announced an integration with Shopify in a bid to help merchants receive bitcoin payments from customers in the form of U.S. dollars.
Adoption Curve

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Goldman Sachs intends on rolling out OTC Ethereum options trading “in due course”, Bloomberg reported, citing the bank’s head of crypto trading.
HSBC is starting a metaverse fund for its private banking clients in Asia.

This is the Crypto market updates for the past week, you can look foward to subsequent editions of this weekly Cryptocurrency market update on Techscoops – the top tech blog in Nigeria.

Stay updated on other topics such as How to Start Online College Today and many more.

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