What happened this April in the cryptocurrency world?

We had some nice prices, scares, and NFTs last April 2021. Some people won, some others lost, but the deals in the cryptocurrency world are far from ending. It’s important to stay up to date to make better financial decisions, though. So, let’s check the most remarkable events of the month.

On the markets

Besides, the Bitcoin network reached bad records in transaction fees, with over $62 per transaction (YCharts). However, the hashrate recovered quickly, the fees decreased and the price increased to $55,000 per token. Some analysts are still aiming to $300,000 per Bitcoin for this year or the next one.

Popular meme “Disaster Girl”. Source: BBC.

Regulations are coming

It seems like Singapore and Spain are inclining to follow these rules. The Monetary Authority of Singapore (MAS) stated that VASPs need to verify their users’ private wallets. Meanwhile, a new decree in Spain describes how the VASPs should be registered with the authorities and share some users’ data with the rest of Europe.

Some security issues

Other news

Wanna trade Bitcoin and other tokens? You can do it safely on Alfacash! And don’t forget we’re talking about this and a lot of other things on our social media.

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Originally published at https://blog.alfa.cash on May 4, 2021.

We are an eight-year-old and duly regulated cryptocurrency exchange. We offer crypto-fíat and non-custodial transactions, and valuable knowledge in our blog.

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