Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns The Bitcoin markets are pulling back after electric car manufacturer Tesla suspended its support for vehicle purchases using BTC. In a May 13 tweet, Tesla’s CEO Elon Musk noted the company’s concerns regarding the “rapidly increasing use of fossil fuels for Bitcoin…
May 12 Daily report: Yearn Finance surges 45%, Uniswap flips Bitcoin on daily revenue, EOS and YFI lead altcoins higher, Dogelon Mars, Shiba Inu, and Dogecoin take the lead and Enjin takes an interest in the project that delivers physically-backed NFTs
Uniswap flips Bitcoin on daily revenue and it’s more impressive than you think Uniswap flips Bitcoin, Liquidity provider fees for Uniswap have surpassed BTC network revenue on a seven-day average. Uniswap has surpassed Bitcoin in terms of daily fee generation for two days in a row. Uniswap had generated $7.1 million in fees over the…
May 11 Daily report: BTC could revisit $50,000, Mark Zuckerberg Hints at Being Bitcoiner, Buying Litecoin Now Is Like “2020 Ethereum”, ETH causes mayhem amid sharp drop under $4,000 and Dogecoin price dumps
Dogecoin price dumps Although Dogecoin’s futures volume tripled, the recent 42% Dogecoin price dumps appear to be entirely retail-driven. Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social…
May 10 Daily report: SpaceX payload funded by DOGE plans to reach lunar orbit in 2022, Cardano smashes a new all-time high, Elon Musk on Saturday Night Live, Ether Price Pushes Past $4K for the First Time and BTC to reclaim $60000
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…