PayPal's revenue surpassed expectations at over $6 billion in Q1 2021 and the firm's CEO said the results were impacted by the addition of cryptocurrencies.
Although BTC's market cap reclaimed $1 trillion as the asset is close to $55,000, bitcoin's market dominance continues to fade away to a new 3-year low.
XRP spikes by 20% to a new 3-year high at almost $2 as CoinShares announced the launch of an exchange-traded product following the asset's performance.
Conquering $60,000 is not an easy task proved the past 24 hours as BTC dropped below it again, while XLM has entered the top 10 after a 25% daily surge.
Days of records in the crypto space with the total market cap at nearly $2.1 trillion as bitcoin exploded above $60,000, while ETH and BNB painted new ATHs.
With the latest triple-digit increase in the value of multiple altcoins, here are four possible reasons showing why the 2021 altcoins season is already here.
Ripple continues with its impressive performers following another double-digit increase to a 3-year high, while BNB has marked a new record above $380.
By partnering with Coinbase, Paysafe's Skrill digital wallet will enable Americans in 37 states to buy and sell BTC, LTC, ETH, BCH, and more crypto assets.
While bitcoin continues to fail in overcoming $60k, some large-cap altcoins, such as DOT and UNI, have added substantial gains and reduced BTC's dominance.
Data suggests that BTC miners have offloaded massive portions of BTC as its price keeps suffering to a low beneath $44,000, ETH lost 35% since reaching ATH 8 days ago.
Cryptocurrencies could succeed if properly studied, but bitcoin is a highly speculative and inefficient asset, said US Treasury Secretary Janet Yellen.
After dipping below $38,000, bitcoin has bounced off and eyes $40,000 again, while the Elon Musk-initiated interest towards DOGE has put the meme coin in the top 10
Bitcoin came just inches away from a new all-time high but the spotlight was stolen by Cardano (ADA) which became the 4th largest cryptocurrency by market cap.
