The second-largest digital asset doesn’t look to be stopping its meteoric rise anytime soon. Ether (ETH) eclipsed $4,000 for the first time on May 10, passing the psychologically significant barrier on multiple exchanges including Coinbase. The new milestone comes just a week after breaking $3,000. ETH/USD 4-hour candle chart (Coinbase). Source: Tradingview Last week, ETH […]
South Korea to Crack Down on Phishing Websites Attacking Crypto Users
South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users. Over 30 sites have been taken down in just three months this year. Seoul Strengthens Monitoring of Crypto Phishing Scams Rising market prices have […]
Ethereum is Experiencing Consistent Supply Depletion Due to Massive Exchange Withdrawals
Ethereum is leaving crypto exchanges, causing a huge supply deficit. (Read More)
Crypto Traders’ Speculation of Ethereum Volatility Relative to Bitcoin’s is Rising
Ethereum’s upward momentum is making Ether-Bitcoin implied volatility spread to rise. (Read More)
Elon Musk Calls Dogecoin a Hustle and the Future of Currency That’s ‘Going to Take Over the World’ on SNL
Dogecoin has a wild ride this weekend starting with Elon Musk’s Saturday Night Live (SNL) and ending with Spacex saying it will launch DOGE-1 mission to the moon. Musk called dogecoin “a hustle” on the show but also said that it is “the future of currency” that’s “going to take over the world.” Dogecoin Is […]
Kraken Daily Market Report for May 09 2021
Overview Total spot trading volume at $3.39 billion, 25% higher than the 30-day average of $2.71 billion. Total futures notional at $921.3 million. The top five traded coins were, respectively, Dogecoin (-11%), Bitcoin (-1.1%), Ethereum (+0.3%), Tether (-0.05%), and Cardano (+9,0%). Great returns from Litecoin (+12%) and Cardano (+9.0%). May 09, 2021 $3.39B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD XDG $0.5702 ↓11% $1.12B XBT $58293. ↓1.1% $808.0M ETH $3927.0 ↑0.3% $687.9M […]
Yellen Selects Fed Associate Director Michael Hsu to Succeed Brian Brooks at OCC
US Treasury Secretary Janet Yellen announced her intention to nominate Fed Associate Director Michael Hsu to take charge as the new acting Comptroller of Currency. (Read More)
What Is Expected For The Two Main Cryptocurrencies During The Week?
Many researchers and big players have noticed that lately, the market has been very quiet. Not because the previous aspect is something negative but something that makes us think that we are about to reach the end. However, and as a summary, we want to have what is really happening with the two main cryptocurrencies on […]
The Driving Thesis for the NFT Movement: Instantly Liquid IP
Anything that’s intellectual property can be an NFT. That means all content, both physical and digital, has the potential to fit that mold… Continue reading on The Capital »
Binance enabled CFX and BAKE on Binance Isolated Margin
How good is it to invest in BAKE and CFX? Continue reading on The Capital »