Dogecoin SNL Marathon

Dogecoin SNL and Elon Musk Anticipation have caught up with BuyUcoin Team as well. To share the SNL drive with the world we are launching a Contest Marathon.

Dogecoin Trading Competition

and, Dogecoin Deposit Contest

Let’s Talk about Dogecoin Trading Competition and Prize Distribution

How-To participate in Dogecoin SNL Trading Competition

Trade Dogecoin with INR Pair on EZ OTC Desk for more than INR 5,000 Once.

Tradeing Platform: https://trade.buyucoin.com/direct-buy-sell-dogecoin?market=DOGE-INR

Atleast, Share the Post on Twitter and use hashtag #Dogecoins and #BuyUcoin together.

Prize Distribution of Dogecoin SNL Trading Competition

1st Top Trader will get INR 50,000
2nd Top Trader will get INR 25,000
The next 20 Top Traders will get 1250 INR Each

Happy Trading!

Now, Let’s know more about the Dogecoin SNL Deposit Contest

How-To Participate in Dogecoin SNL Deposit Contest

Deposit Dogecoin above INR Value 25,000 and win guaranteed free doge.

Deposit Link: https://trade.buyucoin.com/wallet?Deposit?=DOGE

Prize Distribution in Dogecoin SNL Deposit Contest

Users who complete above mentioned eleigibility will get scratch cards worth up to 10,000 INR directly into there dashboards.

Happy Dogecoin Deposits

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 by more than 20%, coming in at $1.22 each adjusted. PayPal’s $6.03 billion in revenue also exceeded predictions by 2%. PayPal says its crypto efforts are producing ‘really great results’ on the earnings call.

Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network

The price of Telcoin has surged more than 4,100% since Feb. 1, rallying from a low of $0.00066 to a new all-time high at $0.0286 on May 5 as the altcoin saw a record $110 million in 24-hour trading volume. The lower fee environment of the Polygon network and the attractive yield opportunities for liquidity providers on QuickSwap likely led to the surge in trading volume for TEL.

Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins

Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC. Ethereum Classic (ETC) has been one of the biggest beneficiaries of the shift in funds, which helped the Ethereum fork blast to a new record high of $100 on May 5. In the same period, Bitcoin Cash (BCH) and Bitcoin SV (BSV) have seen gains in the 25%–30% range.

Bitcoin miners’ revenue rebounds to $60M per day — Is the bull run about to resume?

Miners are returning to Bitcoin as difficulty drops and revenues reach all-time highs. Bitcoin (BTC) miners collected $60 million on a thirty-day average time frame as of May 5, showing the first signs of recovery after last month’s severe revenue drop that followed mass miner outages in China’s energy-rich provinces.

Other Ethereum coin has pumped 130% in the last week

Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days. Retail hype is also building on ETC especially as the token is available to buy on the popular trading app Robinhood. Online search volume for Ethereum Classic is on the high, according to data from Google Trends.

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 waiting to see if the launch of UniSwap v3 could be the catalyst for Defi’s next big bull run.

40% intend to use crypto for payments in the next year: Mastercard survey

A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled more than 15,500 people across 18 countries.

Gnosis, Balancer and PancakeSwap breakout as Bitcoin looks for direction

A series of protocol upgrades and partnership announcements helped to boost GNO, BAL and CAKE even as Bitcoin price searches for support. Ether (ETH) continued its stellar run and crossed the $3,500 barrier today. Dogecoin (DOGE) also joined in on the party as its price soared above $0.61 earlier today as Gemini exchanged added support for the coin following a similar step by eToro.

Institutional managers hold a record $13.9B worth of Ethereum

Weekly inflows into Ethereum investment products continue to grow, according to the latest CoinShares report. Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares.

Dogecoin, the leading indicator for alt season

The eight-year-old altcoin seems to be a bellwether for altcoin rallies every time it pumps. If Dogecoin lives up to its fame amid an onslaught of positive headlines, then the new $0.61 all-time high is a presage of positive momentum for altcoins. Meanwhile, VORTECS data from Cointelegraph Markets Pro began to detect a bullish outlook for DOGE on April 29, prior to the recent price rise.

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

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. They won’t have the same freedom of use and won’t have a supply cap, Zhao, also known as CZ, said in a Bloomberg TV interview on Monday.

“Most central-bank digital currencies are going to have a lot of control attached to them,” Zhao said.

The differences between the two types of coins may make the central-bank version unappealing to those interested in the crypto world.“At the end of the day, those are core properties that users care about,” he said.

This year, Bitcoin and Ether have reached all-time highs as institutional investors and corporations purchase cryptocurrencies to add to their balance sheets. On Monday, Ether reached a new high of $3,339 per coin. While Bitcoin is only used for transferring digital value, Ether supports the Ethereum blockchain, which allows for more types of transactions.

User demand for Ether to buy assets such as non-fungible tokens also could be driving prices higher, Zhao said.

“All of these use cases are moving right now and people need the other coins to do this type of new transaction,” he said. “Ethereum is one of those clear examples. That’s probably why Ether is going up.”

According to him, roughly 70% of Binance users are retail customers, with the remainder being institutional investors. He has no plans to go public, following in the footsteps of Coinbase Global Inc., which listed shares directly on Nasdaq last month.

Binance is making money on its own and doesn’t need to raise more, he said.

Source : The Economic Times

TheChampCoin Trading Competition | TCC-INR Win INR 10,000

TheChampCoin Trading Competition Details

We invite you to experience the Finest Experience of our Crypto Trading Platform.

It’s the mark of new Beginnings at Crypto in India followed by bullish opinions and regulation of Crypto in India, and we at BuyUcoin, India’s largest and most Trusted Crypto Exchange brings you our newest and easiest way to Buy, Sell, TradeCrypto, and earn prizes worth Rs 10,000 INR.

How can I Become A CryptoPati?

Want to become the First Cryptopati in India, It’s Ez.

Trade IT to Make IT!

Step 1 : Login to BuyUCoin Platform

Step 2 : Buy or Sell TheChampCoin of minimum Rs 5000 once

( More you trade better chances of winning Rs 10,000 worth TheChampCoin while trading.

1st Most Trader: 7,500 INR

2nd Most Trader: 2,000 INR

Next 10 Traders: 50 INR

Step 3: Post about BuyUcoin Trading Competition, Tagging @buyucoin on Twitter and use #tradetcc

Rules to participate

Offer eligible for the weekdays [05th May 00:00 – 07th May 23:59:59]
Trading in TCC-INR Pair Only on BuyUcoin Classic Market
Minimum Trade of 5000 INR
Post about BuyUCoin competition Tagging @buyucoin on Twitter and use #tradetcc
The winner will be announced between 10th May 2021.

TheChampCoin Trading Competition Rewards

Top Trader Rank	Trading Rewards in BTCHG
#1	Rs 7,500
#2	Rs 2,000
#Next 10	Rs 50/each

Rs 10,000 worth distributed among Top 13 Traders in above proportion

And, Signup at BuyUcoin to Earn Free Crypto on Signup

Visit https://trade.buyucoin.com/signup

Go to rewards and Use Coupon Code: BUYUCOINFREEBTC and claim Rs 100 worth BTC, ETH and LINK

To Win Scratch Cards Regularly, Complete your KYC and get more Scratch Cards.

Join BuyUcoin on Social Media for regular updates

Telegram – https://t.me/buyucoin_discuss

Twitter – https://twitter.com/buyucoin

LinkedIn – https://www.linkedin.com/company/buyucoin/

Reddit – http://reddit.com/r/buyucoin

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 peak into a new support level.

Dogecoin passes Tether’s market cap following eToro integration

The news also comes as DOGE proponent Elon Musk is expected to pump the token price during his Saturday Night Live appearance this week. According to data from AssetDash, the market cap of Dogecoin is $52.5 billion, more than $400 million higher than that of Tether (USDT) at $52 billion.

eBay exploring crypto payment options and NFT auctions

According to CEO Jamie Iannone, eBay will be “exploring opportunities” to enable nonfungible tokens. Major online marketplace eBay will be pursuing crypto payment options for its customers along with exploring ways to introduce nonfungible tokens on the platform.

Defi resurgence lifts Maker, Aave, and Compound price to new highs

As Ethereum rallied to new highs, the total value locked in multiple Defi platforms surged above $10 billion, lifting MKR, AAVE, and COMP toward new all-time highs. All three of the projects are based on the Ethereum (ETH) network and have benefited from the rising price of ETH as well as a recent decline in the average gas fee that has led to an uptick in user engagement with decentralized finance (Defi).

CME Group introduces micro Bitcoin futures

The new contract is worth one-tenth the size of a single Bitcoin. The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets. The Micro Bitcoin futures contract is worth 0.1 BTC, which provides traders with an additional tool to hedge their digital currency price risk.