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…
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…