Hours ahead of Elon Musk’s appearance on Saturday Night Live, the Tesla CEO appeared intent on cooling the flurry of hype he’d created around the meme cryptocurrency Dogecoin (DOGE). Months of light-hearted build-up lead to a sobering punchline on Thursday, as Musk reminded TMZ viewers that cryptocurrency investments remained speculative. Responding to whether he thought
The cryptocurrency market provides investors with another day of ‘altseason’ as the majority of altcoins in the top 100 on CoinMarketCap rallied today. Several large-cap tokens reached multi-year highs and this all took place as Bitcoin (BTC) price struggles to hold any of the news-event-driven gains that it has accrued throughout the week. One of
The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun. Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300% in a week. ETC hits $180: Bull market or “casino market”? In
Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences ’ including the Villa Nove penthouse, currently listed for $38 million. The firm has partnered with trading platform SolidBlock, allowing potential buyers to pay in multiple cryptocurrencies, including Bitcoin and Ether. The region’s “most exclusive” condominium
Ether is being locked up in decentralized finance contracts at an accelerating rate this year, while the amount held on centralized exchanges continues to fall. On May 7, on-chain analytics provider, Glassnode, shared a chart comparing the number of Ether deposited in Ethereum-based smart contracts to the number of ETH held on centralized exchanges over
Bitcoin (BTC) touched $58,000 on May 6 as the latest phase of its comeback seemed to come at the expense of altcoins. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Bitcoin claws back lost limelight Data from Cointelegraph Markets Pro and TradingView showed BTC/USD return to battle familiar resistance near old all-time highs on Thursday. The
In the past 30 days, Ether (ETH) price decoupled from Bitcoin (BTC) to post a 67.5% gain, while the leading cryptocurrency price has barely moved. Ether’s $3,605 all-time high on May 5 was responsible for boosting the asset’s futures open interest to $10 billion. This movement brings up some crucial questions as the dominance of
As the blockchain sector continues to evolve, occasional protocol updates are needed to ensure projects stay up to date with the latest developments and provide users wit the best user experience possible. Since May 5, EOS price has rallied more than 100% following a recent protocol upgrade that increases the project’s inflation rate. EOS/USDT 4-hour
Litecoin (LTC) prices surged up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session. LTC/BTC 1-week candle chart (Binance). Source: Tradingview The LTC/BTC exchange rate touched 6,358 sats during the Asia-Pacific trading hours. The pair later
The next few months promise to be exhilarating and decisive for Ether (ETH), as its recent all-time highs above $3,500 put an even bigger spotlight on the cryptocurrency and its smart contract blockchain, Ethereum. As the cryptocurrency markets continue to grow five months into 2021, both the preeminent Bitcoin (BTC) and a host of other
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