Tags : Day

Cryptocurrency

Traders lose $46.5 million on first day of SHIB futures

Shiba Inu (SHIB), the meme coin that was launched as a Dogecoin rival back in 2020, zoomed to the top-20 market cap yesterday after a TikTok- and social media-driven frenzy, data shows. Traders, however, lost millions of dollars punting on the currency’s futures. Millions gone SHIB “investors,” as recent as those in the past week, […]Read More

Cryptocurrency

Dogecoin jumps 88% in a single day to $0.13, reviving

Dogecoin (DOGE) surged by 88% today to over $0.13, setting a new all-time high and gaining a $16 billion valuation, data from multiple sources shows. The currency is intrinsically valueless and is intended to have absolutely no use, save the memes and jokes. Doge up 69%…. Nice pic.twitter.com/Hm0FaDDjve — Valkia (@officialvalkia) April 14, 2021 The […]Read More

Bitcoin

Tesla made more money buying BTC in one day than

Tesla invests $1.5 billion into Bitcoin, plans to accept BTC payments Tesla, a tech company led by well-known crypto enthusiast Elon Musk, has bought $1.5 billion worth of Bitcoin and plans to add support for BTC as a form of payment in the near future, according to its filing with the US Securities and Exchange […]Read More

Market

Market Wrap: Bitcoin Hits Record $48.2K as CME Ether Futures

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before. Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours. Bitcoin’s 24-hour range: $43,948-$48,226 (CoinDesk 20) BTC well above the 10-hour and the 50-hour […]Read More

Market

Elon Musk’s #bitcoin Bet Pays Off With $270M Gain on

Price Point In a run reminiscent of its stunning ascent in early January, bitcoin’s price blew past $45,000, $46,000 and $47,000 in less than an hour late Monday, eventually topping $48,000. By early Tuesday, the largest cryptocurrency had settled down to about $45,200.  The powerful rally came after Elon Musk’s electric-vehicle company, Tesla (TSLA), announced it […]Read More

Cryptocurrency

Curve (CRV) erupts 50% higher in a day amid renewed

The majority of decentralized finance (DeFi) coins have seen extremely strong rallies since the start of 2021. Analysis by crypto-asset analyst Ceteris Paribus found that since the start of the year, like literally two weeks ago, the average DeFi large-cap has seen 75 percent gains. This includes coins such as Aave (AAVE), Compound (COMP), SushiSwap […]Read More

Cryptocurrency

Bitcoin surges a day after Grayscale reopens deposits, and it’s

The price of Bitcoin has recovered strongly overnight, rising from around $34,000 to $38,500. The 10% rally coincides with Grayscale reopening its products. Last month, Grayscale closed its products for new investors. Since Christmas, the Grayscale Bitcoin Trust did not report any additional inflow as a result. The Grayscale Bitcoin Trust is the go-to investment […]Read More

Bitcoin

PayPal’s new crypto unit just traded over $240 million in

The division launched last year after PayPal made a big push for building out and expanding its crypto business. PayPal’s growing volumes Paypal’s new crypto exchange traded north of $242 million in a single day on Monday, data from itBit, the firm’s exchange partner, showed. Retail has arrived. @PayPal cleared $242M in crypto sales yesterday. […]Read More