DAILY CRYPTOCURRENCY NEWS ON 11TH APRIL 2022(10% to @tron-fan-club)

in hive-183397 •  3 years ago 


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Hi guys,

I come your way once again to present to you news from the crypto currency world.
This is the 3rd edition and as such, I am glad to say that things are going on well with this initiative.

Let me remind users what the news in cryptocurrency will entail.

  • We will be looking at the prices of the dominating cryptocurrencies.

  • I will look to give advice on crypto currencies that people can invest in a short term to make profits.

  • I will also be looking at some of the dominating news that is surrounding the world of cryptocurrency.

  • Finally there will be some editions of the publication where I will look to hand out prizes to steemians who will get the correct answer to questions I will ask in some of the publications.

For the other 2 editions users can find, the first edition on the steem-ghana community and the second in the Tron-fan-club community.

First edition of news in crypto currency


Second edition of news in crypto currency


Now let us move straight into our stories for the day.

News around the world.


For the first news.


It has been reported that the Luna foundation has close to 40000 in btc.



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Luna foundation has been known to turn to BTC as their reserve. In less than a month Luna has purchased we'll over 300 million dollars worth of BTC from multiple sources they don't intend on stopping there. Their ultimate aim is to be able to buy BTC with billions someday. This comes after they plan to use it as a backup to their stable coin the terraUSD.

This news comes after the founder announced on his personal Twitter handle last month that the Luna Foundation guard was ready to buy BTC worth more than 10 billion dollars.


The First batch of UFC fighters receive bonuses in BTC.




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Last Saturday 3 fighters got their first bonuses in BTC as was stated. As started the first fighter as voted by the fans got 30k dollars worth of BTC, the second got an amount of 20k and the 3rd got an amount of 10k. All these bonuses were paid by crypto.com to fighter Khamzat Chimaev who received an amount of 30k, Alexander Volkanovski who received 20k and Petr Van who received an amount of 10k.

To add to this, a coin by name Marshall Inu has decided to hop on the train. As voted by their community members on telegram they also decided to award the top 3 fighters with coins worth 70k dollars. For the first place, he will be receiving an amount of 40k in Marshall inu, the second will receive 20k and the 3rd will receive 10k.


Coinbase reportedly halts cryptocurrency payments in India.




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This news broke our following the introduction of the popular exchange in India. Just 3 days after launching they added the feature of paying with the UPI system( Unified payment Interface) a system found in India. Coinbase claimed that they reached out to the system to seek permission before adding their payment system but days after the UPI operators issued a statement saying it has no idea of exchange using its system for crypto payments.

After this news broke out, coinbase was forced to take out that option as crypto is not legal in India. From sources, if in case the feature will ever be added it will be after crypto is made legal in India.


After reportedly buying close to 10% of twitters shares, Elon Musk promotes the doge token in a tweet.




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In a tweet by Elon Musk, he tweeted that used should be allowed to pay for the blue mark otherwise known as verification using the doge token.

Elon is known as the doge father and since after taking up the name he has looked looked to promote the token. After buying 9.2 percent of twitter stakes the value of doge saw a significant rise . His 9.2 percent buy is valued at about 2.8 billion us dollars which is the most owned by a single percent.


Prices of the top cryptocurrencies


For the past 24 hours, we have seen a dip in the prices of coins as the price of BTC continues to fall. Let us look at the prices of the top 10 cryptos according to coin market cap rankings.

Bitcoin(BTC)$41,214.29
Ethereum$3,061.65
Binance coin$405.20
Ripple$0.714
Solana$104.09
Cardano$0.9637
Terra Luna$87.02
Avalanche$76.47
Dogecoin$0.142
Polkadot$18.01

The price of steem as at the time of writing this post is $0.3206


Note- I've skipped some of the coins in the top 10 as they are stable coins


Now the top coin to Invest in for me


I've spoken about the dogecoin and today I think it is a good buy for scalpers. As we are witnessing a significant rise in value of the token After the father if doge bought stakes in twitter and has since looked to promote the token.



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We all know how doge works, it rallies for a few days or hours and then goes back to bearish .
Within the last 24 hours after Elon tweeted about it, it make significant gains and was priced at 0.15 earlier in the day. For now its seen a 5 percent decrease in value and am sure it will make a rise upwards in the day.

note- as the crypto market is highly volatile you will be following my trading advice at your own risk

This is the third edition of the cryptocurrency news which I hope users will like. Any other things users will want me to add can be stated in the comments section.

Thanks for reading.
@rubilu123.

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Today I bought some valuable coins such as RNDR and Gala. Personally, I'm not interested in the Doge coin. However, I know when Elon Mask tweet something related to Doge, then it pumps more than expected. So, I hope to consider the Doge coin in my Portfolio. Thank you very much for these valuable details.

Ive been looking at the Gala asset for quite sometime. I think its a valuable asset to invest in. I

Am looking at trading in it long term. What do you think?

I think it will be better.

It's interesting to see Elon Musk back supporting Dogecoin that he previously backed Shiba, the influence of famous people can sometimes shake the market price.

Win Elon i think its a case of wanting both coins to succeed

We need to know the crypto related information all the time. The more we know, the more we will benefit in the crypto world