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 be allowing its customers based in the U.S. to buy crypto using debit cards and bank accounts linked to their PayPal accounts.

Bullish ETH/BTC pair revives the Ethereum ‘flipping discussion

Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flipping. Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts.

ABBC Coin, AAVE, and Fantom (FTM) rally higher after partnership announcements

Network upgrades, liquidity mining, and lucrative shopping reward programs back the strong rallies seen in FTM, AAVE, and ABBC. On April 29 Ether’s (ETH) price rose to another all-time high, boosting its market capitalization to over $320 billion. With the recent rally, Ether’s market cap has overtaken platinum and PayPal to become the 32nd most valuable asset in the world.

Fantom surges 52% following network upgrade

Dubbed “Go-Opera,” the latest upgrade to Fantom introduces a range of technical changes. The token of smart contract platform Fantom, FTM, was subject to a 52% price increase leading into Thursday morning following the successful implementation of a new network upgrade.

Daily Crypto Report – SRM, Serum hits a new all-time high

SRM, Serum hits a new all-time high as Solana adoption gains traction

SRM Serum hits a new all-time high as low fees and lightning-quick transaction speeds continue to attract new users to the Solana ecosystem. Serum, a decentralized exchange (DEX) that operates on the Solana blockchain has risen in popularity and also gained a good market share.

Ethereum’s market cap exceeds that of platinum for the first time

With ETH charting new all-time highs, its cumulative market value has exceeded that of mined platinum. Ether (ETH) is approaching the top 30 most valuable assets in the world following its latest price breakthrough, offering further evidence that the developer network is in the midst of a powerful bull market.

QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity

Low fees and high yield opportunities briefly pushed the QUICK price above the $1,000 mark as the Polygon-based layer-two solution sees adoption from new blockchain projects. MATIC token climb toward new highs due to a surge in activity on its QuickSwap decentralized exchange (DEX).

Waves, Celo, and Injective Protocol (INJ) breakout as Defi reawakens

Strong future growth prospects and new institutional investments appear to be backing the rally in WAVES, INJ and CELO. The altcoin season is not entirely driven by retail investors. Even the Ether futures market has increased by 20, cementing the involvement of institutional investors.

SBI doubled crypto business profits in the past fiscal year

SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year. On Wednesday, SBI released a report on the company’s financial results, disclosing that its pre-tax crypto-powered profits during the past fiscal year amounted to 18.9 billion yen ($174 million). The amount is 10 billion yen ($92 million) higher than the total pre-tax total profit recorded over the previous fiscal year, SBI said.

India VS Pakistan Cricket Match concept with batsman helmets and golden trophy on stadium background.

April 28 Daily report: Ripple Co-Founder Reveals Key Factor that Can Drive Up XRP Adoption, Bitcoin Price Gains Traction Could Revisit $60K, Polygon’s Total Value Locked Explodes, Cardano Will Integrate 5 Million Users and Bulls push Ethereum price higher

Ripple Co-Founder Reveals Key Factor that Can Drive Up XRP Adoption

Ripple co-founder Chris Larsen disclosed what could potentially help in pushing XRP’s popularity higher. Larsen revealed what has been holding XRP back, in his opinion. He pointed to the lack of regulatory clarity as being the main reason preventing XRP from gaining more traction.

Bitcoin Price Gains Traction Could Revisit $60K

Bitcoin price gained pace and it cleared the $55,000 resistance zone against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $56,500. Bitcoin started a decent increase it settled nicely above the $53,000 resistance. The price is now trading well above $54,000 and the 100 hourly simple moving average.

Polygon’s Total Value Locked Explodes, MATIC Could Run Hotter After A 120% Rally

Polygon (MATIC) has seen an explosion on the daily chart with a 40.4% rally trading at $0,74. In the weekly and monthly chart, MATIC’s numbers are equally impressive with a 118% and 114% bull-run. Most of the profits seem to have been recording over the past three months. In parallel with its price rally, Polygon has seen a major explosion in its total value locked (TVL).

Cardano Will Integrate 5 Million Users Into Its Platform With Ethiopian Deal

Charles Hoskinson gave new details on a very expected announcement in the Cardano community. The CEO of IOG uploaded a video on his YouTube channel and talked about the partnership with the Ethiopian government. The partners intend to “overhaul” the country’s education system.

Bulls push Ethereum price higher ahead of Friday’s $930M options expiry

Bulls have a $115 million lead on Friday’s $930 million Ethereum options expiry, a signal that ETH could be en route to new all-time highs. The last couple of weeks have been nothing short of a roller coaster for Ether (ETH), which oscillated between $2,000 and a record-high $2,650.

Bitcoin gained 1.9% and Traded Above the Bitcoin price of $54000

Tesla announced on Monday that it earned $101 million from the investment, helping it beat analysts’ profit estimates for the first quarter of the year.

Traded Above the Bitcoin price of $54000

Bitcoin increased in value after Tesla Inc. reported a $272 million gain on “digital assets” following its $1.5 billion investment in the cryptocurrency. Bitcoin gained 1.9% and Traded above the Bitcoin price of $54000

The electric vehicle market leader said Monday that the investment generated $101 million in revenue, helping it beat analysts’ profit estimates for the first quarter of the year.

Bitcoin gained up to 1.9 percent and traded above the Bitcoin price of $54000 after Tesla’s chief financial officer reaffirmed the company’s commitment to the digital currency.

“We do believe long-term in the value of Bitcoin,” CFO Zachary Kirkhorn said on the conference call. “It is our intent to hold what we have long-term and continue to accumulate Bitcoin from transactions from our customers as they purchase vehicles.”

Tesla announced its purchase of the digital currency earlier this year and stated that it would accept it as payment. That unexpected announcement boosted Bitcoin’s legitimacy and fueled a price increase.

Source : mint

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 will leave at least $1.33 billion in Bitcoin on Tesla’s balance sheet, according to the price at February 8 transaction.

mStable launches on Polygon hopes to attract Defi users ‘priced out’ of ETH

mStable has launched its savings account, stable coin, and swap services on Polygon to reduce fees. mStable’s interest-generating savings account, two of its “risk minimized meta-stable coins,” and asset swapping features now live on Polygon, offering its users reduced fees compared to its Ethereum main net deployment.

Aave v2 launches liquidity mining program targeting stable coin borrowers

Aave has launched its v2 liquidity mining program, offering roughly $880,000 worth of governance token rewards to users daily until July 15. Aave has launched liquidity mining incentives for its v2 protocol, paying out governance token rewards exceeding 20% to users who borrow stable coins.

XRP recaptures bullish momentum, drawing close to $2

Ripple closes in on $1.5 after rebounding from critical support at $1. Ripple is up 26% over the last 24 hours following a rebound from the support established at $1. This recovery took place in tandem with Bitcoin’s return above $50,000 and Ethereum’s rally past $2,500. XRP trades at $1.4 at the time of writing amid the bullish impact from the falling wedge pattern.

LUNA’s Tokenomics Points To A Sustain Rally

Terra (LUNA) has been moving sideways during the past day but record impressive gains in the weekly chart with a 30.1% profit, at the time of writing. On the 1-year chart, the token has 8,794% in profits. The project has seen several partnerships. However, its core strength seems to be its tokenomics.

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 Comeback, as $53.5K Holds The Key.

Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up

Recently layer 1 solutions like the Solana (SOL) and Cosmos (ATOM) have grown in prominence thanks to each network’s faster transaction times and lower fees when compared to the Ethereum network. MATIC price has climbed 50% to $0.39 as adoption of this expanding L2 platform begins to ramp up.

Ethereum co-founder Buterin donates $600k in ETH and MKR towards India’s Covid-19 relief

Buterin shared proof of his 100 ETH donation valued at approximately $228,648 alongside 100MKR worth $380,000 by press time. Buterin was responding to an appeal by Ethereum scaling platform, Polygon founder Balaji Srinivasan Nailwal who called for donations towards helping India.

Cardano and Stellar Lumens Hit Milestone As Swiss Investment Fund Launches New Crypto ETPs

21Shares AG is listing Stellar XLM ETP (AXLM) and Cardano ADA ETP (AADA) on the Swiss stock exchange (SIX Exchange) on April 26th with a base fee of 2.5% per year. It is also adding the two investment products to the Stuttgart and Dusseldorf multilateral trading facilities (MTFs).