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The world’s largest cryptocurrency passes the $50,000 mark for the first time in a month

Digital Asset Firm Kraken Releases Report on Benefits of Centralized Finance Platforms Amid DeFi Boom The team at digital assets firm Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.” As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for ways to maximize passive returns on their digital assets. In Kraken’s ...

Inflation Hedges like Gold, Real Estate, are Effective, but Bitcoin, other Cryptos Emerging as Wealth Protectors: Report The team at digital assets firm Kraken has released a new report on Inflation, which they refer to as the “insidious thief.” As mentioned in a blog post by Kraken, the concept of inflation is “front and center again for many market participants, but not everyone is certain of what impact inflation will have on the crypto markets.” As noted by the digital currency pl...

Technology by Ben Graham 24th May 2021 10:26 AM After seven days that saw investors lose millions in a crash that wiped more than 50 per cent from bitcoins all-time high, the future of cryptocurrencies suddenly looks a lot less certain than it did this time last week. After soaring to over $65,000 per bitcoin in April, the worlds biggest and most well-known digital currency dropped to just under $30,000 before making a small recov...

Bitcoin investors have been rocked by a price crash thats wiped more than 50% from bitcoins all-time high...

MONEYWEB app instead? 00:01  Even JP Morgan sees upside in Ethereum as institutions can now invest in the cryptocurrency via ETFs. Image: Chris Ratcliffe, Bloomberg Bitcoin ended the month of April in the red – its first losing month since September 2020. Not that its April performance (-2%) was a shocker, but it paled alongside altcoins, which registered an average 47% gain for the month. In January, bitcoin accounted for 73% of the total crypto market cap. That figure has now sunk be...

By Syndicated Content By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereum has the second-largest market capitalization after bitcoin, but not as much cache and perhaps more operational challen...

Cryptocurrency ethereum is flourishing but risks linger Ethereum has outperformed major digital currency rivals this year Reuters May 08, 2021 PHOTO: REUTERS Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereum has the second-largest market capitalization a...

Gertrude Chavez-dreyfuss 6 minute read A representation of virtual currency Ethereum is seen in front of a stock graph in this illustration taken February 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereu...

Analysis: Cryptocurrency ethereum is flourishing but risks linger By Gertrude Chavez-Dreyfuss Reuters NEW YORK (Reuters) - Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized finance (DeFi) and the anticipation of a technical adjustment this summer, but it faces hurdles that could stall its rise. With a jump of more than 350% in its price this year, ethereum has the second-largest market capitalization after bitcoin, but not as much cac...