The US mortgage lender – United Wholesale Mortgage – intends to accept cryptocurrencies as a payment method by the end of 2021. While the company would first adopt Bitcoin, it would explore other digital assets such as Ethereum shortly after. Additionally, the South African property investment firm – Quorum Holdings – and the Canadian jewelry exchange – SafeGold – also vowed to enable clients to use the primary cryptocurrency as a means of payment. The First American Mortgage...
Read More »Cardano (ADA) Sets New All-Time High as Bitcoin Reclaims $49K: Weekend Watch
Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...
Read More »Bitcoin Neared $50K: Highest Since May and 51% Monthly (Weekend Watch)
Bitcoin initiated another impressive leg up in the past 24 hours resulting in breaking above $49,000 for the first time since mid-May. The alternative coins have joined the ride with notable gains, including an 8% surge from BNB and 10% increases from Polkadot and Solana. Bitcoin Neared $50K It was just two days ago, on August 19th, when the situation in the bitcoin landscape seemed rather negative. The asset had lost several thousand dollars of value in hours and had fallen...
Read More »Dogecoin Still in the Lead on Robinhood in Q2, Accounts For 62% of Crypto Revenue
The meme-inspired cryptocurrency, Dogecoin (DOGE), has continued to take the top spot in crypto trading activities on Robinhood ever since it shot into the limelight earlier this year. In its earnings report, the American financial services company pointed out significant increases in its crypto revenue in 2021 Q2 compared to last year’s second quarter. The firm said its digital asset-related figures rose from $5 million in Q2 2020 to about $233 million in Q2 2021. DOGE...
Read More »Correction Time: Bitcoin Slips Below $45K, $110B Wiped Off the Total Cap (Market Watch)
The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close to breaking below $3,000, ADA is just above $2, and BNB is down to $400. Bitcoin Dropped to $44.5K Ever since the Saturday retracement in which bitcoin dropped below $46,000, the cryptocurrency’s price performance seemed rather healthy. In fact, BTC jumped and touched $48,000 on Sunday for the...
Read More »Mark Cuban Argues He Doesn’t Shill Doge But Fans Using Dogecoin Will Pay Less
Fans of the NBA team, the Dallas Mavericks, will soon be able to purchase merchandise with discounts if they use Dogecoin as a payments method, announced the club’s owner – Mark Cuban. He also argued that he’s not trying to shill the meme coin as people prefer to use it. The Lovestory Between the Mavs and Dogecoin The story between the NBA team and the meme coin, which saw its birth in 2013, started in March this year. Mark Cuban, the club’s owner and cryptocurrency proponent...
Read More »Bitcoin Price Up 65% in 3.5 Weeks as BTC Eyes $48K (Market Watch)
Bitcoin continued with its decisive move upwards, and the latest leg up drove the asset to nearly $48,000. The alternative coins have performed even more impressively, with ETH topping $3,300 and ADA exploding by another 10%. Bitcoin’s Impressive Run A lot can change in the cryptocurrency markets in a month or even less sometimes. The primary cryptocurrency is a prime example as it had dumped to a low of $29,200 on July 20th. As the bearish sentiment was taking over, though,...
Read More »Bitcoin Suprasses $45K: Dogecoin Skyrockets 25% (Weekend Watch)
The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...
Read More »Crypto Market Cap Taps a 2-Month Record as Bitcoin Touched $44K (Market Watch)
The bitcoin bulls came to play once more and pushed the cryptocurrency to a new near three-month high of around $44,000. Most alternative coins have seen gains as well, with ETH closing down to $3,000. The total market cap added another $100 billion in a day. Bitcoin Touched $44K Ever since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday. At the time, though, the bears...
Read More »Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16% (Market Watch)
The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including ETH, BNB, and DOT, which has jumped by more than 16% in a day. Green Altcoins; DOT Adds 16% of Value The altcoins were relatively stagnant yesterday, but the situation is significantly different today. Ethereum traded around $2,450, but a 6% increase has driven it to approximately...
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