Day: April 2, 2021

Ethereum Price Trading Above $2,000, Mark Cuban Says ETH Is ‘Closest to a True Currency’

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Ethereum price is now up 1365% in the past year and over 33% in the past one month according to CoinGecko. Ethereum price has begun April on a positive note after consolidating for the past two months. The asset just broke above the $2000 level for the second time on the higher timeframe. According to market data provided by Coinmarketcap, Ethereum price was hovering around $2,000 after adding approximately 2.64% in the past 24 hours, while some prominent investors, including Mark Cuban, believe in its potential. The asset remains the…

Ethereum’s return to all-time high accompanied by 77% rise in transaction fees

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Ether (ETH), the second largest cryptocurrency by market capitalization, returned to an all-time high on April 2 when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous spectre of Ethereum’s unwieldy transaction fees made itself felt once more, as the cost of using the blockchain rose 77% across the past few days, in line with a 31% increase to the ETH coin price. Ether recorded green candles for eight of the past nine days, as the coin price rose from a recent bottom of $1,530 on…

Binance Coin (BNB) Hits ATH, Solidifies Its Position as Third Crypto by Market Cap

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With its use as the primary cryptocurrency powering the fast-rising Binance Smart Chain network, now being tagged as an Ethereum killer thanks to its advantages, the Binance Coin has received a remarkable boost. Binance Coin (BNB), the cryptocurrency native to the Binance exchange has soared to a new all-time high (ATH) in price following increased buying sentiments that have lasted for days. The coin has also bolstered its rally drawing on the bullish momentum in the broader market. Binance Coin which has traded as low as $250.49 in the past…

Total Crypto Market Cap Hits New All-Time High of Almost $2 Trillion

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The overall crypto market has hit a new all-time high. While Bitcoin has shown some strength, the altcoin space has overwhelmed Bitcoin performance over the last week. Well, for the very first, the total crypto market cap has smashed past a new all-time high on Friday, April 2. At press time, the overall cryptocurrency market cap is up 3% at $1.94 trillion. It means that the crypto market is just on the verge of overtaking the biggest global company Apple Inc (NASDAQ: AAPL). Over the last week, the overall cryptocurrency…

Yung Bleu Ft Drake – You're Mines Still #SLOWED

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Bitcoin Analyst Warns About “Overheated Retail Action” as Price Hits $60K

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Bitcoin prices climbed above $60,000 for the first time in two weeks, raising prospects that the cryptocurrency would keep rising into the new quarter after closing the previous one almost 100 percent higher. Nevertheless, analyst Robbie Liu noted that the recent Bitcoin rally has resulted from “overheated retail action.” The OKEx researcher highlighted rising premiums for the quarterly contract BTCUSD0625 that jumped from $3,000, or 5.7 percent, last Friday to its current $5,200, or 8.7 percent. The level was almost the same last month when Bitcoin had established an all-time…

Circle Ordered to Hand Over Customer Records to IRS

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Circle was quick to release a statement, ensuring that there would be full cooperation with IRS, and assuring their clients of the safety of their assets. The IRS is no stranger to going after the tax records of cryptocurrency companies, in 2016, crypto company Coinbase was forced to eventually produce client records after a yearlong legal battle. This marked the end of an era in cryptocurrency, in which several malicious actors saw the newly developing cryptocurrency as a way to evade paying tax. In response to that attitude, the IRS…

PBoC Attributes Increasing Interest in Digital Yuan to Rise in Bitcoin Price, BTC Closer to $60K

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Bitcoin has been seeing constant gains over the past months while reaching new highs. Now it is trading at almost $60,000. The People’s Bank of China (PBoC) said that the increase in Bitcoin could be triggering interest in China’s digital yuan. China’s central bank tied the increasing interest in digital yuan to the recent rise in BTC despite the fact that crypto is effectively banned in the country. According to the research bureau director at PBoC, Wang Xin, the market has an increasing interest in the digital yuan. According to…

Next Insurance Raises $250M Bringing Its Valuation to $4B

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Next Insurance has so far raised a total of $875 million from private investors who have participated in various funding rounds.  Online insurance company Next Insurance has raised approximately $250 million in a funding round that has brought its valuation to approximately $4 billion. Next Insurance focuses on small businesses and entrepreneurs through its online platform. The company has been involved with prior funding in the recent past in a bid to scale its market and remain competitive in the insurance sector. According to news outlet TechCrunch, the company raised…

Bitcoin: Ich kaufe, wenn…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ► Kennst du schon meine Podcast-Ausgabe “Tesla kauft Bitcoin – Meilenstein oder Fehler?” Du findest sie hier: • iTunes: • Spotify: • Google: Der Bitcoin notiert kurz vor der Marke von 50.000 US-Dollar. Wie verhält man sich nun richtig? Kaufen oder Abwarten? Darüber spreche ich heute und verrate dir auch, wann ich in den Bitcoin wieder einsteige. ►Das erwähnte Video heißt “Bitcoin-Rallye verpasst? Was tun?”: ► Sichere Dir JETZT meinen ETF-Kurs – 100% GRATIS: Bildrechte Thumbnail: © Maxim_Kazmin/stock.adobe.com Ein wichtiger abschließender Hinweis:…