Markets update: Bitcoin runs into ‘resistance’ again while Ethereum bumps 9%
The global crypto market cap is $1.75 trillion with a 24-hour volume of $112.85 billion. The price of Bitcoin is $38,852.08 and the BTC dominance is at 41.6%.
by Rohan Jethi
Crypto traders were excited to see Ethereum (ETH) move ahead of Bitcoin (BTC) in percentage terms today, data from multiple sources showed.
Bitcoin prices ran into a ‘resistance’ level at $38,000, while Ethereum surged by 10% as of press time.
Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily.
More news ⏬
IOTA 2.0 ‘Nectar’ goes live, here’s what it means for you
IOTA Foundation, a non-profit building the underlying infrastructure for IOTA, announced the release of the 2 Development Network (DevNet) “Nectar” this week, as per a release shared with CryptoSlate.
Miami mayor Francis Suarez holds Bitcoin and Ethereum, and he’s ‘planning to’ buy the dip
Miami mayor Francis Suarez holds Bitcoin and Ethereum, he revealed during an interview with business outlet CNBC today.
Bitcoin miners made over $1.4 billion last month, despite plunge
Despite the market crash, Bitcoin (BTC) miners appear only marginally affected with reduced revenues in May, according to data from analytics tool Coin Metrics.
This DeFi platform is launching exclusive music drops on the Binance NFT marketplace
The music releases, which will be issued as NFTs, will feature the work of major artists including Lil Yachty and Kyle and are sure to pique the interest of NFT collectors and fans of the artists themselves.
US courts say Apple co-founder Steve Wozniak can’t blame YouTube for Bitcoin scams
A California state judge has ruled that Steve Wozniak, a co-founder of tech giant Apple, can’t sue YouTube over Bitcoin scam videos that used his image, Bloomberg reported today.
Standard Chartered unit to offer crypto trading services in UK and Europe
SC Ventures, the innovations and ventures unit of global bank Standard Chartered, announced Wednesday it would launch a crypto brokerage and exchange platform for institutions clients in UK and Europe, as per a release.
Chinese state-run TV network draws attention to DeFi scams on Uniswap
CCTV-13, a TV channel that is part of the state-controlled China Central Television (CCTV) network, aired a new report today, highlighting how easy malicious actors can create fraudulent tokens and sell them on decentralized finance (DeFi) platforms such as Uniswap.
Odds are the SEC will opt to settle Ripple lawsuit before reaching trial
The Securities and Exchange Commission (SEC) vs.
New electric car ‘Spiritus’ will mine Dogecoin and Bitcoin while parked
Daymak, a Toronto-based manufacturer of personal light electric vehicles announced yesterday the first car built to mine cryptocurrencies like Bitcoin, Dogecoin, and others while parked.
Control your wealth
Ad: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands.
🔥 Trending Sectors
👨🏻🌾 Yield Farming Coins
Crypto market data
For more pertinent market data, please see:
Connect with us
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.