Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$102,477.00
-1.32%$2,578.44
-3.46%$2.51
-2.49%$651.04
-1.81%$173.68
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-0.01%$0.229834
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-4.85%$0.27322
-0.38%$2,575.01
-3.60%$102,314.00
-1.35%$3.84
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-7.37%$0.301517
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1.10%$3.24
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0.00%$0.099921
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-3.57%$0.955455
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0.01%$0.691307
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0.15%$0.789366
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0.07%$3.96
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0.23%$0.229073
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0.01%$1.95
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0.01%$0.508785
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-1.52%$0.191642
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-5.46%$0.00002401
-5.04%$0.051805
10.61%$2,577.37
-3.67%$1.93
0.60%$0.999903
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13.82%$2,571.14
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-10.58%$1.67
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2.55%$1.087
0.00%$0.155331
-0.32%$0.421519
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-1.69%$101,987.00
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0.06%$0.037017
-3.38%$137.86
-5.62%$0.3276
-11.70%$1.30
-9.04%$0.00006625
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-3.79%$20.98
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-3.66%$20.46
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-9.38%$1.10
0.12%$24.43
-7.31%$0.719807
-3.53%$0.998495
-0.22%$0.299223
10.35%$2,571.89
-3.97%$0.230861
-6.37%$0.00309134
-11.71%$0.99976
-0.02%$2,773.10
-3.96%$0.00352095
-10.54%$0.99791
-0.34%$3.67
-10.97%$0.532132
-6.33%$2,571.05
-3.59%$0.00
-7.67%$0.00071466
-11.91%$24.16
-6.19%$0.868347
-8.92%$0.581034
-4.57%$0.285698
-3.29%$0.702422
-10.76%Reading
Tezos (XTZ), the tenth-largest cryptocurrency by market cap, has jumped more than 4% since this morning and is trading for just under $2.80 per token.
Along with Ripple’s XRP, which today has gained more than 7%, Tezos is leading the industry’s top 10 coins by market capitalization in terms of daily gains.
Volatility has been high for Tezos as of late. Today’s price spike for XTZ reverses the losses incurred on Monday. At the time, Tezos fell by 6% and was trading for $2.63. It was the day’s biggest loser among the top 10.
Despite yesterday’s dip, however, Tezos has been on a steady incline since the Black Thursday crash that rocked the markets. The price of XTZ has now more than doubled since it crashed all the way down to $1.34 in mid-March.
The crypto as a whole appears to be enjoying some renewed enthusiasm. And the biggest recipient of that newfound optimism is Ripple’s XRP.
Bitcoin’s precipitous price drop on Black Thursday dramatically shifted market share distribution in the Bitcoin futures landscape. A report today from the crypto research firm Coin Metrics confirms what Bitcoin market professionals had previously told Decrypt: The Bitcoin futures market has been fundamentally altered by one of the worst days in the history of global markets. A king dethroned Black Thursday was a defining blow in a fight for market share among crypto exchanges that began in 2019...
The fourth-largest cryptocurrency by market cap, according to data from Messari, has today surged all the way back above the $0.20 per coin mark. Ripple had not reached this price since before the market crash in March.
Meanwhile, Ethereum is now inching closer to the $200 price point, trading at around $195 per coin, while Bitcoin, the market leader, is holding steady at $7,700.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Shares of stock brokerage platform eToro closed 29% higher on Wednesday following the firm’s Nasdaq debut, settling around $67, according to the exchange’s website. The firm said in a press release that it sold 6 million shares at $52 each, raising $310 million through its initial public offering. Based on current prices, the firm is valued at roughly $5.4 billion, according to Nasdaq. EToro’s debut reflects the more favorable environment for crypto-related firms. The Israel-based company was a...
Bitcoin's price is strangely low right now and could surge to $500,000 or even as high as $1 million per coin this four-year cycle, Adam Back said. In an interview with Decrypt, the famed computer scientist and Blocksteam CEO said that given all the institutional money flowing into the space, the price of the biggest and oldest cryptocurrency should be higher. Bitcoin was recently trading for $103,300 per coin—unmoved in the past day but up more than 7% over the past week, according to crypto...
Ethereum's dramatic rise the past week has stemmed from a growing embrace of digital assets' usefulness as more than stores of value and increased institutional and retail interest adoption of blockchain and stablecoin payments, research analysts at Bernstein wrote in a note Wednesday. The analysts noted the growing adoption of stablecoins for cross-border payments, the potential of brokerages such as Robinhood to offer tokenized equities on their own blockchains—constructed on Ethereum—and a c...