Analysts: Bitcoin ‘whale’ behaviour that preceded April’s $64,000 high is backThe global crypto market cap is $2.1 trillion with a 24-hour volume of $128 billion. The price of Bitcoin is $47,412.79 and the BTC dominance is at 42.4%.
by Shaurya Malwa Holders of massive amounts of Bitcoin (BTC) are continuing to buy the asset regardless of the recent dip in crypto markets, data from several sources shows. Some analysts say such investment behavior is what precedes bull runs, hinting that another may be on the cards in the next few months. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬New CoinStats upgrade wants to make DeFi services available to allIn a bid to become the ‘door to DeFi’ of choice, CoinStats has announced an upgrade to increase its functionality and become a full-fledged portfolio manager, where users can buy, sell, track, and earn, as well as get personalized portfolio insights. Power of community: Moonriver receives over 200,000 KSM ahead of Kusama launchDemonstrating the strength of a community-led approach, the Moonriver Smart Contract Platform has successfully secured a Kusama parachain slot auction. Cardano (ADA) infrastructure is ‘green and go’ ahead of smart contracts launchCardano’s (ADA) creator Charles Hoskinson announced that the platform is ready for the last stage preceding the final launch of the full smart contract compatibility on the mainnet. IMF releases Bitcoin (BTC) ‘risk’ warning… againBitcoin (BTC), the world’s largest cryptocurrency, is getting adopted as a legal tender in El Salvador in eight days but as the Central American country goes through its final days of preparation, being eagerly observed by other countries, some of which are considering to follow in its footsteps, the International Monetary Fund (IMF) refreshes its […] NFTs go wild as CryptoPunks hits $1 billion in lifetime salesJust when you thought NFTs had died a death, a revival in Bitcoin has coincided with non-fungibles also coming back to life. Anti-Bitcoin protests are ongoing in El Salvador ahead of legalizationThe citizens of El Salvador took to the streets to protest the adoption of the country’s new Bitcoin law on Friday. “Crazy” times for Layer 1s as Terra (LUNA), Avalanche (AVAX), and Cardano (ADA) hit major milestonesThe past week has seen the total crypto market re-reach $2 trillion bringing an air of confidence for the remainder of 2021. DeFi tool Cream Finance hit for over $18 million. Suffers second hack in six monthsDecentralized finance (DeFi) lending protocol Cream Finance has announced it lost millions worth of Amp token (AMP) and Ethereum (ETH) in a recent flash loan attack. US: SEC quietly signs deal to spy on crypto DeFi transactionsThe US Securities and Exchange Commission (SEC), an American agency that overlooks securities markets, has contracted one blockchain analytics firm to help monitor and regulate the burgeoning decentralized finance (DeFi) industry, as per a weekend report on Forbes. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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