February 5, 2021

ETH Sees 32% 7-Day Gains As Altcoins Party: The Weekly Crypto Market Update

This week was undoubtedly an altcoin party. Even though Bitcoin is up quite a bit in the past seven days, it was altcoins that stole the show, charting major increases almost every single day. Let’s start with BTC, though. It began the week at around $34,000 and was rather indecisive in the first few days,...
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ETH Sky-Rocketing Continues

Disclaimer Any predictions contained herein are based on the author’s particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. The post appeared first on The Merkle
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Central Bank of Nigeria Orders Banks to Discontinue Servicing Bitcoin Clients

News emanating from Nigeria reveals that the country’s central bank has allegedly placed a ban on buying and selling cryptocurrencies. A circular disseminated by the Nigerian Central Bank has revealed the apex bank’s intention to clamp down on bitcoin buying and selling. The Central Bank issued a memo signed by its Director of Finance and...
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24 Year-Old Founder of Hedge Funds Pleads Guilty of a $90M Crypto Scam

An Australian man, founder of two multi-million crypto funds in New York, pleaded guilty on a crypto scam charge. The Ponzi scheme used a trading algorithm, taking advantage of price differences for Bitcoin and other cryptocurrencies. Draining almost $90M From Investors According to a recent report, Stefan He Qin organized the fraud that stole about $90...
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American Youtuber Logan Paul Teams Up With Bondly Finance to Release NFT

It appears the NFT hype has reached Logan Paul, the owner of one of the world’s biggest YouTube accounts. The celebrity teamed up with Bondly Finance to release a non-fungible token. Logan Paul took to his Twitter account to announce his purchase of over two decades old ‘Pokemon 1st Edition Booster Packs’ worth $2 million....
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Bitcoin Whale Accounts Surge in 2021 as Fiat Flows In

New statistics from analytics provider Glassnode suggests that the number of Bitcoin whales has increased by more than 200 since the start of 2021. It classifies a ‘whale’ as an account that is holding over a thousand coins which at current prices would be valued at over $37 million. The number of #Bitcoin whales (entities...
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Bitcoin (BTC) $ 98,136.29 4.60%
Ethereum (ETH) $ 3,245.29 4.70%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 244.32 2.59%
BNB (BNB) $ 617.27 0.74%
XRP (XRP) $ 1.12 1.89%
Dogecoin (DOGE) $ 0.388298 0.05%
USDC (USDC) $ 1.00 0.01%
Lido Staked Ether (STETH) $ 3,255.76 5.13%
Cardano (ADA) $ 0.796049 4.19%