Crypto Prices Today April 1, 2022: Bitcoin et al Weak Again

Crypto Prices Today April 1, 2022 Bitcoin et al Weak Again

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Entering April 2022, the price of Bitcoin and top-tier cryptos looks to be weakening again. The majority of the top-tier Altcoins should return to the red zone, Friday morning (1/4/2022).

Crypto

Based on data from Coinmarketcap Friday morning, the cryptocurrency with the largest market cap, Bitcoin (BTC) has lost 2.52 percent in the last 24 hours, but is still up 4.06 percent in the week.

Bitcoin

Currently, the bitcoin price is at the level of USD 45,745.47 per coin or equivalent to Rp. 656.3 million (assuming an exchange rate of Rp. 14,347 per US dollar).

Ethereum

Ethereum (ETH) also weakened again. In the last 24 hours, ETH fell 2.88 percent, but is still up 5.78 percent in the week. With that said, ETH is currently at USD 3,285.77 per coin.

Binance coin (BNB)

The next cryptocurrency, Binance coin (BNB) also weakened again. In the last 24 hours BNB is down 2.86 percent. But still up 3.65 percent a week. That makes BNB priced at USD 429.60 per coin.

Cardano (ADA)

Then Cardano (ADA) also returned to the red zone. In the last one day ADA weakened 2.85. But still up 0.34 percent in the week. Thus, ADA is at the level of USD 1.16 per coin.

Solana (SOL)

Meanwhile, Solana (SOL) is still strengthening amidst other weakening Altcoins. Over the past one day SOL was up 3.10 percent and 20.60 percent for the week. Currently, the price of SOL is at the level of USD 123.76 per coin.

XRP

XRP should also be willing to weaken today. In the past day, XRP fell 4.49 percent and 3.31 percent in the week. That way, XRP is now priced at USD 0.8181 per coin.

Terra

Terra (LUNA) has the same fate as other cryptocurrencies. Terra is down 2.07 percent in the last 24 hours.. But still up 11.54 percent in the week. Currently Terra is priced at USD 104.15 per coin.

Stablecoins such as Tether (USDT) and USD coin (USDC), both have weakened in the last 24 hours by 0.01 percent. Despite the decline, USDT is still at USD 1.00 per coin. Meanwhile, the USDC price is still at the level of USD 0.9998 per coin.

Enter Metaverse and NFT, Paris Saint-Germain Apply for Trademark

Crypto Prices Today April 1, 2022 Bitcoin et al Weak Again

Previously, Paris Saint-Germain (PSG), a French football club with a large following in Europe, was interested in having a presence in the metaverse, and is now securing its name for use in this ecosystem.

PSG filed a series of trademark applications seeking to establish a brand on several virtual memorabilia and trading cards, all authenticated by a Non-Fungible Token (NFT).

The trademark application, introduced March 16, includes downloadable audio and video recordings, downloadable multimedia files containing text, audio and video related to sports highlights, as well as items for offline and online use.

All items are authenticated via NFT. In addition, PSG also includes a cryptocurrency wallet software in this application.

Michael Kondoudis, a patent attorney who shares the news on social media, said the filing represented the next logical step to protect brands as they move to the Metaverse.

“Obviously, PSG sees the potential of the Metaverse and is preparing its trademark for the virtual economy that will dominate it,” Kondoudis said, quoted from Bitcoin.com, Thursday, March 31, 2022.

PSG is not the first European football club to recognize the importance of the metaverse as an alternative to expand its reach and seize new business opportunities.

Klub sepak bola lainnya, FC Barcelona, sedang mempersiapkan serangkaian aksi untuk pindah ke produk metaverse dan NFT. Ini adalah tren yang diikuti oleh banyak organisasi olahraga karena peluang bisnis yang ada dalam elemen-elemen ini.

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