Dogecoin price dumps Although Dogecoin’s futures volume tripled, the recent 42% Dogecoin price dumps appear to be entirely retail-driven. Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social…
May 10 Daily report: SpaceX payload funded by DOGE plans to reach lunar orbit in 2022, Cardano smashes a new all-time high, Elon Musk on Saturday Night Live, Ether Price Pushes Past $4K for the First Time and BTC to reclaim $60000
Ether Price Pushes Past $4K for the First Time, Approaches JPMorgan’s Market Value The ether price, already up a dizzying five-fold this year, extended its early Monday, pushing past the psychological milestone of $4,000 for the first time. Ether, the native cryptocurrency of the Ethereum blockchain and the second-biggest overall, went as high as $4,070.…
May 8 Daily report: 1INCH price hits a new record high, Cardano breaks out vs. Bitcoin, Qtum price rallies 160%, Elon Musk scales back Dogecoin hype and EOS price has pumped 100% in three days
1INCH price hits a new record high as the top DEX aggregator vies for Defi dominance A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its Defi and DEX aggregator market share. One of the top DEX aggregators that have recently seen 1INCH price hits a new record…
Is crypto trading legal in India when NPCI refuses to ban crypto trades?
According to ET, the NPCI has refused to block fund movements for cryptocurrency trades in India. It is said to have asked banks to make a decision based on the advice of their legal and compliance departments. “If the NPCI took a central decision to disable UPI and RuPay cards for investing in cryptocurrencies, it…
May 7 Daily report: DOGE flips BTC volume, Bitcoin revenue up 1000%, Altcoins rally as bulls pile into large-cap tokens, EOS price rallies 100% and Indian startup organization proposes a regulatory framework for crypto
DOGE flips BTC volume for the first time Dogecoin has officially flipped Bitcoin in a few categories here in China, with DOGE trading volume on leading Chinese exchange Huobi surpassing that of leading assets ETH and BTC. Searches for ‘Dogecoin’ on WeChat surpassed searches for Bitcoin, with 2.3 million versus 1.7 million on May 5th.…
May 6 Daily report: PayPal says its crypto efforts are producing ‘really great results’, Telcoin (TEL) gains 300%, Dogecoin traders are rotating profits into large-cap altcoins, Bitcoin miners’ revenue rebounds to $60M per day and Other Ethereum coin has pumped 130% in the last week
PayPal says its crypto efforts are producing ‘really great results’ on the earnings call PayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system. The firm’s shares rose by more than 5% on Wednesday, April 5 in response to the earnings update, after PayPal revealed its per-share earnings had outperformed expectations…