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…
April 30 Daily report: Bullish ETH/BTC pair revives the Ethereum, ABBC Coin, AAVE, and Fantom (FTM) rally, Coinbase offers customers a way to purchase crypto using PayPal, Fantom surges 52% following network upgrade, and PayPal crypto partner Paxos raises $300M
Coinbase offers customers a way to purchase crypto using PayPal Users of the exchange will be able to purchase up to $25,000 in crypto daily using PayPal. Coinbase users with PayPal accounts will now have another way to purchase crypto through the exchange. In an announcement from Coinbase today, the crypto exchange said it would…
April 27 Daily report: Tesla Sold $272 Million Worth of Bitcoin, mStable launches on Polygon, Aave v2 launches liquidity mining program, XRP recaptures bullish momentum and LUNA’s Tokenomics Points To A Sustain Rally
Tesla Sold $272 Million Worth of Bitcoin in Q1 2021 Tesla Inc. has sold 10% of its Bitcoin holdings. In an investor call event, the electric vehicle maker reported its Q1 2021 earnings report and revealed the sale of $272 million worth of Bitcoin holdings and a “$101 million positive impact”. The $272 million sales…
April 26 Daily report: Bitcoin Makes Comeback, Polygon (MATIC) jumps ahead, Buterin donates $600k in ETH and MKR towards India’s Covid-19 relief, Cardano and Stellar Lumens Hit Milestone and Defi ecosystem now exceeds 2 million unique addresses
Bitcoin Makes Comeback, as $53.5K Holds The Key Bitcoin is rising and it is trading nicely above the $50,000 pivot level. The price is now trading well above $51,000 and the 100 hourly simple moving average. The pair is likely to rally if there is a clear break above the $53,500 resistance zone. Bitcoin Makes…