May 5 Daily report: 40% intend to use crypto for payments in the next year, Gnosis, Balancer, and PancakeSwap breakout, Institutional managers hold a record $13.9B worth of Ethereum, Uniswap v3 spark a new Defi boom and Dogecoin, the leading indicator for alt season

Uniswap v3

The launch of Uniswap v3 spark a new Defi boom With Uniswap’s TVL growing from $13.7 million to $8.5 billion since launching its v2 iteration, some onlookers believe the DEX’s v3 launch could spark the next Defi rally. With the total value locked in decentralized finance on Ethereum now $89 billion, the market is eagerly…

Central bank-issued digital coins have been spotted coexisting with Bitcoin

Central bank-issued digital coins

According to Changpeng Zhao, chief executive officer of Binance, cryptocurrencies such as Bitcoin and Ether will coexist “for a while” with more restrictive Central bank-issued digital coins. Central bank-issued digital coins Zhao, who runs the world’s largest Bitcoin exchange, believes that central bank-issued digital coins will differ from public coins in a variety of ways.…

May 4 Daily report: Dogecoin passes Tether’s market cap, Bitcoin price opens the door for altcoins, eBay exploring crypto payment options and NFT auctions, Defi resurgence lifts Maker, Aave, and Compound price to new highs and CME Group introduces micro Bitcoin futures

altcoins to move higher

Range-bound Bitcoin price opens the door for altcoins to move higher Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls. In the past 2 months, altcoins to move higher as a whole has seen its value increase 119% and flipped the 2017…

The Ethereum cryptocurrency has broken through the $3,000 barrier, setting a new high

The Ethereum cryptocurrency

On Monday, The Ethereum cryptocurrency (ETH) hit a record high of $3,017 (roughly Rs. 2.2 lakhs), extending a week-long rally fueled by reports that the European Investment Bank (EIB) may launch a digital bond sale on the Ethereum blockchain network. The Ethereum cryptocurrency gained 2% on the Bitstamp exchange to reach the milestone early in…

May 3 Daily report: Ethereum market cap hits $337 billion, Binance Smart Chain reaches new highs, Altseason indicator flips to Bitcoin, The Future of Money Is Bitcoin and CBDCs and India’s ‘Crypto Relief’ Covid fund

Ethereum market cap hits $337 billion

Ethereum market cap hits $337 billion, surpassing Nestle, P&G, and Roch The value of the Ethereum network soared above major companies like Nestle and P&G after its market cap hit a new high at $337 billion. Ether (ETH) price has rallied more than 200% in 2021, resulting in a massive $337 billion market capitalization. This…