Zilliqa’s price increased by an incredible 137.1% over the last seven days, although a coin is still worth significantly less than $1. Other big risers were HOLO (up 62.1%), CVX (up 57.8%, and APE (up 54.6%).
The biggest cryptocurrencies all saw price increases or maintained their value. The bitcoin price rose by 13.4%, while Ethereum increased by 15%, and Solana by 19.4%. A great week all around for NFT and cryptocurrency investors!
It seems that Coinbase is on the verge of buying Mercado Bitcoin, the biggest cryptocurrency exchange in Brazil (by acquiring its owner 2TM). The Brazilian newspaper Estadão reported that the two entities are currently in talks about the deal, suggesting an announcement could be made by the end of April.
The UK is set to reveal its plans for cryptocurrency regulations over the next few weeks, shortly after the European Union announced its own measures. Stablecoins are likely to be a major focus as they’re viewed as a potential threat to stability.
Meanwhile, the White House is looking into the energy impact of crypto. President Joe Biden recently started a report to figure out whether the excessive energy use of cryptocurrencies could harm the transition to clean energy, but some have claimed the technology could actually provide environmental solutions.