MetaMask Out-Of-Order For Many Users Due To Infura Outage – April 22

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $39,453

Bitcoin price has fallen through $40,000 support once again, currently hanging in the mid $39,000s to begin Friday.

Top-20 altcoins are also taking quite the hit, as Ethereum falls 4%, BNB drops 2% and XRP falls 3%.

Top Stories for April 22, 2022 πŸ”₯

πŸ‘‰ MetaMask Out-Of-Order For Many Users Due To Infura Outage

MetaMask was out-of-order for a majority of users this morning, due to infrastructure provider Infura experiencing a service outage.

The outage resulted in a sharp plummet in Ethereum gas fees during the outage, as MetaMask-reliant users were largely unable to interact with the blockchain. Fees fell from around 100 gwei to just 20 gwei for instant transactions.

Infura provides MetaMask’s default remote procedure call (RPC), which serves as an interface for the wallet to interact with Ethereum. The outage was announced as resolved as of around 12:30pm ET.

πŸ‘‰ Stripe Will Let Make USD Coin (USDC) Payments Via Polygon

Stripe, the crypto payments processor, has announced that it will enable customers to perform pay-outs in USD Coin (USDC) via Ethereum scaling solution Polygon.

Twitter will be the first company to leverage the feature, allowing content creators to collect payments in USDC for monetization products including Ticketed Spaces and Super Follows.

πŸ‘‰ Trader Peter Brandt Warns Of BTC Correlation To Tech Stocks, Likeness To Dotcom Bubble

Well-known trader Peter Brandt has highlighted the likeness of the current Nasdaq 100 chart to the Dotcom bubble, warning that there may be another crash in tech stocks.

Brandt has warned that there will likely be broader implications that also affect cryptocurrencies, due to the currently high correlation between Bitcoin and the Nasdaq index.