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Many altcoins have been surging lately. One of the reasons for the "altcoin season" is the Bitcoin dominance index drop, which currently stands at around 43.92%. Shiba Inu (SHIB) and Litecoin (LTC) have reached new all-time highs surpassing $0.000036 and $412 respectively. Over the...
Swiss international bank UBS is considering ways of offering digital asset investing to its wealthy customers. Taking into account the volatile nature of cryptocurrencies, the offering is planned for a very small group of customers at first. Details aren't known yet but variants include investing...
Interest in Dogecoin has been rising. According to Google data, there are more searches for Dogecoin than for Bitcoin. Particularly, from May 2 to May 8 the indicator for DOGE was 56/100 points and for BTC it was 48/100. This year Dogecoin's performance has been exciting. The coin's price reached...
The native token of the Ethereum environment Ether reached another all-time high surpassing $4.130. Ether's price has seen a 28.86% increase during the previous 7 days. Currently, its market dominance index stands at around 19% and its market cap is over $475.6 billion. The development of the...
On May 7, New York-based investment manager VanEck has applied for Ethereum ETF with the SEC. Earlier, at the end of 2020, the firm filed for Bitcoin ETF. The SEC hasn't approved it or any other BTC exchange-traded fund applications yet. As with the case of VanEck's Bitcoin ETF, for Ethereum ETF...
DOGE has crossed another all-time high surging over $0.73. The coin is the 4th largest cryptocurrency by market cap, which currently stands at over $90.7 B. The third largest cryptocurrency BNB's market cap is $96.5 B. On May 8, Tesla CEO Elon Musk who has been occasionally mentioning DOGE in his...
While Bitcoin price continues to be far from the previous all-time high, altcoin season is going on. BTC dominance index fell at 44,85%. Along with this, most altcoins are seeing noticeable price growths. Within the previous 12 hours, two of them, Cardano (ADA) and Ethereum Classic (ETC) hit new...
On May 6, American financial services and digital payments company Square released a shareholder letter for the first quarter of this year. As the paper shows, Square's P2P payment solution Cash App generated $3.51 B of BTC revenue during Q1, 2021. For the same interval of the previous year,...
Ripple Lab's native cryptocurrency XRP has seen a 97% sales growth in the first quarter of this year. On May 6, Ripple released the company's market report for Q1 which shows that the entire sales net of the token's trades reached $150.34 M compared to the Q4 2020 when it was $76.27 M. XRP's sales...
Tesla CEO Elon Musk who is a big supporter of Dogecoin shared his thoughts about crypto investing during the TV program TMZ. Musk says crypto is promising, however, he advises investing with caution. The billionaire once again mentioned Dogecoin, saying it can be the future of currency and in...
Finnish major tech entity Nokia Corporation revealed the issuance of the Nokia Data Marketplace to make data and AI algorithms transacting simpler. That provides digital and data modernization for businesses. Along with increasing input extent, the role of AI and machine learning is crucial. The...
Bitcoin Cash (BCH) is again in the top 10 cryptocurrencies. It ranks the 9th with over $26.8 B market cap. The price of the coin has seen more than a 79% increase over the previous 7 days, surpassing $1470. BCH's hard fork that occurs twice a year, is scheduled for May 15. It plans to remove the...
On May 5, Buenos Aires-based e-commerce technology firm Mercado Libre published the Q1 results of the company, where it stated buying $7.8 million worth of BTC. The firm added recently acquired coins to its balance sheet. In the issued press release Mercado Libre published the progress of the...
On May 5, major Automated Market Maker (AMM) UniSwap disclosed that the v3 is launched on the mainnet. The upgrade is the most optimized variant of the network with the Concentrated Liquidity offering. That means effective capital yielding for liquidity providers and a better framework for...
A bill brought in the NY State Senate considers halting BTC mining for 3 years to study deeply its consequences for the surroundings. Bill 6486 was put forward by Senator Kevin Parker to the Senate's Committee on Environmental Conservation. If approved Bitcoin mining will be allowed only after a...
Widely followed American stock market S&P Dow Jones presented indexes of BTC and Ether. The entity first disclosed the intention in December 2020. The initial plan was to launch indices for the leading 550 most exchanged crypto coins and tokens. Released S&P Bitcoin Index (SPBTC) and...
Chainlink (LINK) and Ethereum (Ether) have set new all-time highs: over $51 and $3500 correspondingly. The price of the blockchain oracles network Chainlink's native token has seen over a 38% price increase during the previous 7 days and hit a record high of $51. It ranks 11th in terms of the...
Crypto exchange Gemini headed by the Winklevoss brothers announced enabling Dogecoin on its platform. In the blog post published by the company on behalf of Tyler Winklevoss, Dogecoin is called people's money as it's organic and fun. Gemini adopted a $DOGE. Such WOW https://t.co/YlTiNDHoYX...
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