May 31 Daily report: CBDC Can Be Set Up on Ethereum Network, Bitcoin Bears Are Back, We Could Be In for a Bit of a Cardano Summer, Polygon ($MATIC) Data Now Searchable With Help of Google Cloud’s Big Query and Chainlink (LINK) Price Up 6%

CBDC Can Be Set Up on Ethereum Network

CBDC Can Be Set Up on Ethereum Network, Says Architect of Digital Yuan During the spring meetings of the 2021 International Finance Forum (IFF), Yao Qian, science and technology supervision bureau head at the China Securities Regulatory Commission (CSRC), said that a central bank digital currency (CBDC) could run directly on the Ethereum network or…

May 29 Daily report: COMIT Network makes Monero / Bitcoin atomic swaps, Ethereum flipping Bitcoin, XRP price outlook, VeChain Foundation Met With China’s Government Officials and Moonbeam bring off-chain data to Polkadot

XRP price outlook

XRP price outlook: Why it struggles to break past $1 XRP is currently facing a primary battle to break past the $1 level despite making a remarkable recovery from the Sunday seven-day low price of $0.66 that coincided with the overall crypto market volatility. By press time, XRP was trading at $0.87, dropping below the…

May 28 Daily report: NFT volume has more than tripled, Bitcoin Remains In Range, Cardano Boss Puts Into Words, Ripple (XRP) likely to go public, and $ADA and $MATIC Could Explode

$ADA and $MATIC

$ADA and $MATIC Could Explode Over Next Few Weeks Investors are betting on Cardano anticipating the hard fork, as $ADA and $MATIC. ADA has been outperforming both ETH and BTC over the last 30 days. MATIC has seen its price rise over 9,000% so far this year as demand for it has been surging. According…

May 27 Daily report: Uniswap v3 looks set for layer-two scaling, ETH breakdown to $2,000, Paypal will Enable Crypto Withdrawals to External Wallets, Elon Musk Clarifies He Does Not Control Dogecoin and Ark Invest Buys the Bitcoin Dip

Bitcoin dip

Cathie Wood’s Ark Invest Buys the Bitcoin Dip, Adds $20 Million in GBTC Bitcoin’s recent 40% decline from highs has sparked the interest of institutional investors looking to buy in. For Ark Invest, though, it was a case of buying the Bitcoin dip. Recent SEC filings revealed that Ark Invest purchased $19,872,939 worth of Bitcoin…

May 26 Daily report: Ripple enters the NFT space to lower gas fees, Polygon (MATIC) Skyrockets 32%, BTC needs to break $40,000, Cardano (ADA) Hits 1 Million Wallet Milestone and Elon Musk Prefers Dogecoin Over Other Alts

Polygon (MATIC) Skyrockets 32%

Polygon (MATIC) Skyrockets 32% After Strong Backing from Tech Billionaire Mark Cuban The price has Polygon (MATIC) Skyrockets 32% today making its move above $2.0 At press time, MATIC is trading at $2.13 with a market cap of $13.1 billion. The recent price rally comes as tech billionaire Mark Cuban officially announced his support to…

May 25 Daily report: YouTube video with 883 million views to be taken down after its NFT, Cardano price technical breakout sets out for 60% rally, Bitcoin rallies as Elon Musk meet with miners, Ethereum markets bounce after a record plunge last week and JP Morgan CEO Sees Crypto Going To $5 Trillion

Ethereum market bounce

Ethereum markets bounce after a record plunge last week The cryptocurrency market shows a steady rise after the big sell-off last week after many indicators turned bearish. The Tesla boss believes doing so can improve speed and scaling to make it a real contender in the world of cryptocurrency. However, Ethereum Co-founder Vitalik Buterin picked…