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“# Price analysis 5/5: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, LTC, BCH, UNI ” Dogecoin (DOGE) skyrocketed above $0.69 today and flipped XRP to become the fourth largest cryptocurrency with a market capitalization of over $88 billion at its highest point. Galaxy Digital recently released a report titled “Dogecoin: The Most Honest Sh*tcoin,” and…
“# Bitcoin back above $57K as ‘hundreds’ of US banks prepare to HODL for clients ” Bitcoin (BTC) staged a characteristic comeback on May 5 as a day of losses turned around in a flash. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price nears $58,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing…
“# Polkadot parachains full of promise, but lack of launch date raises concern ” Polkadot’s parachain auctions will mark the most significant milestone on its roadmap since the mainnet launch in 2020. Currently in the testnet on the Rococo network, the next stage of the launch will involve the rollout of parachains on Polkadot’s crazy…
“# UFC to launch MMA fan token on Chiliz blockchain ” The Ultimate Fighting Championship, the largest mixed martial arts association in the world, is launching its own blockchain-based fan token. The UFC officially announced Tuesday that it will debut a UFC Fan Token on fan engagement and rewards app Socios.com. Minted on the Chiliz…
“# Only whales move DOGE: Data suggests major Dogecoin wealth gap ” It was Doge day afternoon all over again on Wednesday as Dogecoin (DOGE) continued its assault on the cryptocurrency market cap rankings. The meme coin overtook XRP (XRP) to become the fourth-largest cryptocurrency by implied market capitalization, after climbing to a per coin…
“# Three reasons why the ‘other Ethereum’ has pumped 130% in the last week ” Ethereum Classic (ETC) continues to maintain its parabolic price action advance that began in late March. Data from crypto market aggregator Coingecko shows ETC is up almost 50% in the last 24-hour trading period as of the time of writing….
“# May 8 ‘day to watch’ for Dogecoin amid warning DOGE can suffer XRP style crash ” Dogecoin (DOGE) is surging and Bitcoin (BTC) is limping, but one analyst predicts that this week will burst the DOGE bubble. In a series of tweets on May 4, popular Twitter account lowstrife highlighted similarities between Dogecoin and…
“# Jim Cramer still owns ‘a lot’ of Ether he first bought for an NFT auction ” In the latest sign that crypto continues to filter through into the mainstream, CNBC host Jim Cramer has spent the week discussing the large quantity of Ether (ETH) he holds. On CNBC’s Squawk Box on May 4, Cramer…
“# Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain ” Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees…
“# Gnosis, Balancer and PancakeSwap breakout as Bitcoin looks for direction ” Ether (ETH) continued its stellar run and crossed the $3,500 barrier today. Dogecoin (DOGE) also joined in on the party as its price soared above $0.61 earlier today as Gemini exchanged added support for the coin following a similar step by eToro. Traders…