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📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $7,052
Bitcoin price failed its attempt to break above $7,300 this weekend, falling back to the $7,000 mark.
Top-20 altcoins are mostly down over the last 24 hours, with Ethereum and XRP both down 2% each, while Bitcoin Cash suffers the largest loss of 4%. Stellar is the only top-20 coin in the green, up 1.5% today.
Top Stories for April 20, 2020 🔥
👉 dForce Hackers Begin to Return Funds to Exploited Platform
The hackers of the dForce decentralized finance network have reportedly started to return the funds they stole in a recent exploit, following negotiations with dForce.
99.9% of the networks funds were stolen in the exploit, worth $25 million. So far, 10% of the funds have been returned, in the form of HBTC and HUSD – both Huobi tokens.
👉 Very First Regulated Bitcoin Funds Launched in Hong Kong
Hong Kong’s first regulated Bitcoin fund was launched yesterday by Arrano Capital, a blockchain-focused subsidiary of Venture Smart Asia Limited.
The fund tracks Bitcoin price, enabling investors to obtain Bitcoin exposure through a traditional financial tool and without the need for cryptocurrency knowledge.
👉 Coinbase Observes Rise in Deposits from Stimulus Checks
Prominent cryptocurrency exchange Coinbase has reported an increase in deposits and purchases of $1,200 of 300%, as compared to statistics from before mid-April.
The increase coincides directly with the issuance of 80 million stimulus checks by the US government, of exactly $1,200 each.