The global adoption for the popular meme coin Dogecoin continues with the listing on the Winklevoss-run exchange – Gemini. At the same time, the token skyrocketed to yet another all-time high above $0.6 and it became the fourth-largest crypto, surpassing Ripple (XRP). CryptoPotato reported earlier today Dogecoin’s spectacular performance in this year, charting YTD gains of nearly 10,000%. However, that was hours ago, which in the cryptocurrency and Dogecoin, in particular,...
Read More »The Reason for Ethereum’s Recent Rally to ATH According to Changpeng Zhao
The head of Binance, Changpeng Zhao, recently gave his comments on the two largest cryptocurrencies – BTC and ETH. According to him, people nowadays need alternative coins for the new type of transactions, which may drive the price of ether up. CZ also predicted that many central bank digital currencies would be very different than public coins. Ethereum’s Rally As Ethereum’s price continues to be the hottest topic in the past couple of days within the entire cryptocurrency...
Read More »Dogecoin Hits a New All-Time High at Almost $0.5 As eToro Lists DOGE
Dogecoin continues to gather people’s attention with a listing on eToro, another Twitter engagement from a popular brand, and being used as a payment method for MLB tickets. At the same time, the price of the meme coin skyrocketed to a new all-time high at nearly $0.5. The Latest Pro-Dogecoin Developments The Shiba Inu-inspired meme coin has received endorsements from multiple celebrities in the past few months. After Elon Musk, who has been vocally supportive of the asset...
Read More »S&P DJI Releases Bitcoin and Ethereum Indexes
S&P Dow Jones Indices has launched three new cryptocurrency indices. The S&P Bitcoin Index, S&P Ethereum Index, and S&P Crypto Mega Cap Index (a combination of Bitcoin and Ethereum) will allow retail traders to easily gain exposure to these two behemoth cryptocurrencies. A Long-Awaited Move People have been waiting for a traditional finance product that tracks cryptocurrency prices for a long time. S&P announced last year that a cryptocurrency index would...
Read More »Spartan Protocol on Binance Smart Chain (BSC) Exploited: $30 Million Stolen
Spartan Protocol, a DeFi project on Binance Smart Chain, was exploited for over $30.5m. The hacker’s whereabouts are unknown, and a second version of Spartan Protocol is currently being rebuilt with implemented bug fixes. What is/was Spartan Protocol? Spartan Protocol provided a platform for incentivized liquidity and synthetic assets. The SPARTA token had an internal pricing mechanism without having to rely on external oracles for price settlement. Such a system could...
Read More »Bitcoin and Gold Are Financial Religions But BTC Is Better Says Mark Cuban
Billionaire investor Mark Cuban has come a long way from claiming that he would prefer bananas over BTC to outlining the cryptocurrencies’ benefits over traditional finance. In a recent Twitter post, he highlighted the strengths of Bitcoin, Ethereum, and even Dogecoin. Mark Cuban on BTC and ETH Cuban, a prominent investor and a star of the hit reality TV show Shark Tank, was among the many who doubted the merits of the cryptocurrency industry for a while. Previously, the...
Read More »Binance Coin Skyrockets to New ATH as BNB Market Cap Tops $100 Billion
Binance’s native crypto asset has been on a roll in 2021, resulting in breaking into uncharted territory quite regularly. With the latest record coming a few hours ago above $650, the asset’s total market cap went into a nine-digit territory. After the start of the ongoing crypto bull run in October last year, Binance Coin seemed somewhat trailing behind. While bitcoin and other digital assets were surging with double-digits monthly and reached new records by the end of...
Read More »Another Scam Alert: MetaMask Warns Users of a New Phishing Bot
The popular cryptocurrency wallet MetaMask warned its customers of a new phishing bot that attempts to get their seed phrases. According to the team, the fraud tries to lead users to a so-called ”instant support” portal where they are prompted to enter information into a Google Docs form. The New Scam MetaMask – a project focused on Ethereum-based tools and infrastructure – tweeted today (May, 3rd) revealing a new fraud that attempts to harm users of the platform. The...
Read More »WisdomTree Launches a Physically-Backed Ethereum ETP in Europe
WisdomTree Investments, a NY-based fund manager, has launched a physically-backed Ethereum ETP on two European stock exchanges through its local subsidiaries. This becomes the organization’s second crypto-related ETP released in the past month, after an exchange-traded product following the performance of Bitcoin. WisdomTree’s ETH ETP Live in Europe Headquartered in New York, WisdomTree Investments is an exchange-traded fund and exchange-traded product sponsor, and an asset...
Read More »The Crypto Investor Who Went from $185K to $0 in 3 Weeks: What Can Be Learned?
As the bull market rages on, it’s easy to get caught up in success stories. However, it’s paramount to know that it’s not all rainbow and butterflies – losses happen, and they hurt, especially if you’re not prepared or overtrade. An investor tweeted about how he lost his entire $185k portfolio in just 3 weeks. This is verifiable via his Ethereum address. The thread is sobering, and it’s a great read for traders to go through to remember that bull markets don’t last forever,...
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