Crypto market returns into green zone after last week’s dipThe global crypto market cap is $2 trillion with a 24-hour volume of $169.2 billion. The price of Bitcoin is $53,892.14 and the BTC dominance is at 50.2%.
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by Liam Frost Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko. At press time, Bitcoin is trading at around $53,250, up 6.2% on the day—although still down 5.4% over the week. Ethereum (ETH), the second-largest cryptocurrency by its market capitalization, fares similarly well, trading at $2,476 (+5.7% on the day). Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬PayPay CEO reveals crypto business has grown “multiple-fold,” teases digital dollarsIn an interview over the weekend, PayPal CEO, Dan Schulman, described how his firm could provide an intermediary service distributing a potential United States central bank digital currency (CBDC), should the Federal Reserve Board decide to follow through. NFL’s ‘No.1’ draft pick Trevor Lawrence joins Blockfolio and receives bonus paid out in Ethereum and SolanaTrevor Lawrence, the number one pick in this year’s National Football League (NFL) Draft, has signed a multi-year contract with crypto tracking app Blockfolio, as an announcement today. Korea weighs delaying crypto taxation laws to appeal to young votersSouth Korean officials are in talks to delay a crypto taxation law scheduled for later this year, as per a report by local daily Hankyung today. Barstool Sports president Dave Portnoy buys Bitcoin…againDave Portnoy, president of pop-culture and sports-focused media company Barstool Sports, today revealed that he bought one Bitcoin—after swearing that he will never do it two months ago. Staking on Polkadot (DOT): How do users pick a validator to nominate?Polkadot has become one of the most popular staking platforms, and with returns of over 13%, it’s not hard to see why. So if you’ve stocked up your wallet with DOTs and read the staking guides, you’re probably now wondering how to choose which validator to nominate. Crypto exchange Binance to offer tokenized stocks of Apple, Microsoft, and MicroStrategyCryptocurrency exchange Binance will gradually list tokenized shares of tech giants Apple (AAPL), Microsoft (MSFT), and MicroStrategy (MSTR) on its trading platform over the coming week, according to an announcement published today. Crypto community donates over $1.7 million in Ethereum and ERC20 tokens towards India’s coronavirus fightCryptocurrency holders and builders from around the world are pitching in funds to help India battle with the rising number of cases in the country, data and tweets from multiple sources show. Bitcoin ‘Fear and Greed Index’ reaches early pandemic levels of 2020The “Crypto Fear and Greed Index,” a collective metric that measures current sentiments on the cryptocurrency market, swiftly swung from “Extreme Greed” (79 points) last week to “Fear” (31) today as most digital assets continue to wallow in the red zone. OG Bitcoiner disses ‘legal tender’ and shares why NFTs are never going away
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