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…
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
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…
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
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…
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, 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…
May 1 Daily report: Bitcoin bulls attack $57,000 and altcoins rally, Ether Could Hit $10K, Cardano Blockchain Partnership, First Crypto ETF This Year and Polkadot DOT Trust
Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close Altcoins moved toward new highs and Bitcoin bulls attack $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry. Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options…