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Catecoin has climbed to the top 10 mentioned cryptocurrency coins on Twitter. Will this cat-themed coin replace dog-themed coins? Learn more.
Hint: You'd now be in the top 1% of the wealthiest households in America.
How Ethereum Can Reach $2 Trillion In Market Cap, Matthew Sigel Reading Time: 3 mins read Ethereum has had a lot of growth in the past year. Growing more than bitcoin and producing more gains. But it is no secret that the market cap of Ethereum is still a long way away from $2 trillion. The market cap of the digital asset currently sits at $248 billion. A $2 trillion market cap prediction might be overly optimistic. But Matthew Sigel does not believe that it is. According to Sigel, Ethereum can reach a $2 trillion market cap in a “blue sky scenario.” The prediction does not come as a surp...
Volatility in Bitcoin (CRYPTO: BTC) is systematic to the network itself, Lee said. Much of the recent volatility came from institutional traders on the short side of the Bitcoin trade, he said, adding that he believes many of those traders covered their short positions — explaining the quick rise in Bitcoin this week. What Happened: Recently, the cryptocurrency space underwent extreme volatility as Bitcoin and other popular cryptocurrencies sold off more than 50% from all-time highs before bouncing. Although digital money is a new concept, the idea is logical in a digital eco...
May 4, 2021 09:51 GMTForex Basics Although Bitcoin is the best performing mainstream asset of 2020, beating out gold, stock indices, oil trading, and anything else, Ethereum has outperformed the leading cryptocurrency by market cap by a large margin. Ethereum rallied from $130 to $490 in 2020 alone and remains up well over 180% year-to-date. Bitcoin, on the other hand, has just 60% ROI to show for the year. Ethereum’s added success was fueled by the momentum surrounding decentralized finance. Ethereum benefitted substantially as ETH gas fees soared due to DeFi tokens utilizing the ERC20 sma...