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Weekly Crypto Digest: The Market Recovers
Author: changehero
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In this weekly cryptocurrency news digest, once again we’re covering the latest news from the industry. Bitcoin analysis and updates, Ethereum 2.0 hiccup, Chinese miner woes — all essential topics rounded up in this crypto digest by ChangeHero

Key Takeaways

Latest Cryptocurrency News Digest

Bitcoin Digest

BTC trading chart: April 30, 2021
Source: TradingView

Bitcoin News

Altcoin News

Business News

Cryptocurrency Adoption News

Cryptocurrency News Digest: Regulation & Politics

Social Media Crypto Digest

Video of the Week

Promptly named as the question almost everyone asks these days, this video by Johnny Harris is the quality tutorial. Harris is not involved heavily in the cryptocurrency topic in his content, but thanks to this, this guide is approachable. And, of course, it is made with the same quality editing and pacing all his videos can boast.

Crypto Digest from Twitter

Colin Wu reported Beijing officials issued a notice of investigation of data centers. The reason for that is growing concern about energy usage and carbon emissions of cryptocurrency mining farms. Data centers being of interest led him to conclude Bitcoin miners are not in any jeopardy.

Ahead of the news, Caitlin Long of the Wyoming Blockchain and Fintech Select Committee shared the plans of Wyoming University. The university plans to allocate $4 million to at least three nodes for staking, potentially increasing the revenue.

You would often see news about high-profile NFTs being auctioned off for millions of dollars these days. The news usually doesn’t tell you about all other tokens that do not sell, unless it’s a spectacular failure. Ellen DeGeneres’ low-effort attempt to capitalize on the trend was ridiculed even by the crypto community, which did not appreciate the irony.

Influencer of the Week

Crypto influencer going by Flood engages in pretty much every activity popular with Crypto Twitter denizens. Trading, gem hunting, dunking on backwards politicians? You name it, all with no words minced.

Top Crypto Digest

Which Cryptocurrency is best to invest now? Of course, altcoins! The BTC dominance keeps decreasing, which is a definite sign of an alt season. At the moment of writing the crypto digest, the general market stats are:

7d Change in Top Coins

7D crypto digest: April 30, 2021
Source: CryptoRank

Despite closing the previous week in the red, this time all cryptocurrencies have recovered. At the moment of writing the crypto digest, the weekly change of the top currencies is:

Gainers of the Week

The altcoins on the rise at the time of writing the crypto digest are:


News coming in from everywhere around the world was a source of both hope and anxiety to cryptocurrency enthusiasts. Most certainly, the developments in China will be the most impactful for Bitcoin, as it influences its price.

The next cryptocurrency news digest will be in a week in our blog. For the time being, you can follow us on Twitter, Facebook, Reddit and Telegram for live updates.