Crypto market returns into green zone after last week’s dip
The global crypto market cap is $2 trillion with a 24-hour volume of $169.2 billion. The price of Bitcoin is $53,892.14 and the BTC dominance is at 50.2%.
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by Liam Frost
Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko.
At press time, Bitcoin is trading at around $53,250, up 6.2% on the day—although still down 5.4% over the week. Ethereum (ETH), the second-largest cryptocurrency by its market capitalization, fares similarly well, trading at $2,476 (+5.7% on the day).
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In an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential United States central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through.
NFL’s ‘No.1’ draft pick Trevor Lawrence joins Blockfolio and receives bonus paid out in Ethereum and Solana
Trevor Lawrence, the number one pick in this year’s National Football League (NFL) Draft, has signed a multi-year contract with crypto tracking app Blockfolio, as an announcement today.
South Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today.
Dave Portnoy, president of pop-culture and sports-focused media company Barstool Sports, today revealed that he bought one Bitcoin—after swearing that he will never do it two months ago.
Polkadot has become one of the most popular staking platforms, and with returns of over 13%, it’s not hard to see why. So if you’ve stocked up your wallet with DOTs and read the staking guides, you’re probably now wondering how to choose which validator to nominate.
Cryptocurrency exchange Binance will gradually list tokenized shares of tech giants Apple (AAPL), Microsoft (MSFT), and MicroStrategy (MSTR) on its trading platform over the coming week, according to an announcement published today.
Crypto community donates over $1.7 million in Ethereum and ERC20 tokens towards India’s coronavirus fight
Cryptocurrency holders and builders from around the world are pitching in funds to help India battle with the rising number of cases in the country, data and tweets from multiple sources show.
The “Crypto Fear and Greed Index,” a collective metric that measures current sentiments on the cryptocurrency market, swiftly swung from “Extreme Greed” (79 points) last week to “Fear” (31) today as most digital assets continue to wallow in the red zone.
Most people forget that “money” started out as stones and rocks, to seashells and salt, whenever it was initially conceptualized thousands of years ago. It was only a few hundred years ago that ‘paper’ money and government-issued tender became commonplace for the transfer of value.
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Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.