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Kraken Daily Market Report for August 08 2021

Source Node: https://blog.kraken.com/post/10551/kraken-daily-market-report-for-august-08-2021/
Time Stamp: August 9, 2021 11:31 AM - Modified On: August 9, 2021 - Published By:
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Republished By Plato

Overview Total spot trading volume at $1.07 billion, the largest Sunday trading volume since June 20th. The 30-day average is up to $843.6 million. Total futures notional at $551.6 million. The top five traded coins were, respectively, Bitcoin (-0.5%), Ethereum (-3.2%), Tether (0%), Dogecoin (-6.0%), and Polkadot (-4.0%). Livepeer was up 9.7%, most other coins were down a few percent. August 08, 2021  $1.07B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $44387. ↓0.5% $348.2M ETH $3060.9 ↓3.2% $293.6M USDT $1.0007 ↓0.01% $229.3M DOGE $0.2462 ↓6.0% $95.3M DOT $20.135 ↓4.0% $40.9M USDC $1.0001 ↑0.01% $28.7M ADA $1.4449 ↓1.9% $24.3M XRP $0.7963 ↓2.6% $20.9M LINK $23.578 ↓4.3% $8.27M LTC $151.51 ↓2.9% $7.19M ETC $58.21 ↓4.1% $6.31M KSM $221.0 ↓5.4% $5.45M DAI $1.0011 ↑0.02% $4.56M EOS $4.3441 ↓5.4% $4.02M SOL $38.42 ↓2.8% $3.8M MATIC $1.1046 ↓5.4% $3.76M SC $0.0166 ↓5.1% $3.75M BCH $564.82 ↓3.3% $3.6M UNI $27.079 ↓4.4% $3.42M FIL $66.041 ↓4.8% $3.22M XMR $261.71 ↓3.4% $3.03M MINA $2.26 ↓9.6% $3.02M XLM $0.2913 ↓4.9% $2.63M XTZ $3.2273 ↓5.7% $2.38M TRX $0.0725 ↓4.0% $2.08M SNX $9.853 ↓7.4% $2.01M KAVA $5.7398 ↓5.7% $1.99M

5 Best Meme Coins For Quick Profits July 2021 Week 4

Source Node: https://insidebitcoins.com/news/5-best-meme-coins-for-quick-profits-july-2021-week-4
Time Stamp: July 27, 2021 3:39 PM - Modified On: July 27, 2021 - Published By:
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Republished By Plato

Meme coins have garnered a lot of attention since the beginning of the year. Although at first they were written off as a joke, these assets are now being taken seriously with a growing market. With a growing daily trading volume of $3.61 billion, the sector is attracting massive capital. In this best meme coins guide, we analyze some of the top meme tokens with the potential for quick profits in July 2021. 1. Dogecoin (DOGE) Dogecoin is the forerunner of meme coins and has earned a spot in the top

A Bitcoin Christmas Present: New All-Time High!

Source Node: https://beincrypto.com/a-bitcoin-christmas-present-new-all-time-high/
Time Stamp: December 25, 2020 12:19 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin hit $24,680 in a brief leap around 12.00 UTC. At the time of this writing, BTC remains just a touch above $24,000. The BTC all-time high (ATH) made for a nice holiday greeting. Gemini Exchange co-founder and crypto bull Cameron Winklevoss tweeted his regards after the peak hit: Rollercoaster Week Just days after hitting new ATH’s, bitcoin reached a new peak on Dec. 25. While not the $25,000 present some were asking for under their tree on Christmas Day, the $24,600 handle at least probably puts that figure psychologically

Yearn Finance’s YFI Token Hits Five Figures, Closing in on BTC Price

Source Node: https://beincrypto.com/yearn-finances-yfi-token-hits-five-figures-closing-in-on-btc-price/
Time Stamp: August 19, 2020 3:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

As DeFi tokens continue to lead crypto markets ever higher, some such as Yearn Finance’s YFI token are making monumental gains, but is it all for the whales only? With a very limited supply of just 30,000 tokens, demand for YFI is palpable. A single token now costs almost as much as one BTC and it does not seem to be slowing down. The high-flying token is the basis of the Ethereum-based DeFi yield aggregator Yearn.Finance, which allows users to maximize returns and earn interest on crypto collateral while saving

Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion

Source Node: https://cointelegraph.com/news/record-ethereum-network-use-and-gas-fees-pose-risk-to-defi-expansion
Time Stamp: August 15, 2020 5:31 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high. As shown on the chart below, the number of transactions doubled in the past six months to stand at 1.23 million per day. Ethereum 7-day average daily transactions. Source: CoinMetricsThis situation might seem very bullish at first, but one must remember both EOS and Tron (TRX) started as ERC-20 tokens before launching their own mainnet and running fully independent blockchains.A similar chain migration is happening on Tether’s USDT, a stablecoin

90% Crypto Investors Worry About Their Investment – What Will Happen After Their Death

Source Node: https://bitcoinsinireland.com/90-percent-crypto-investors-worry-about-their-investment-what-will-happen-after-their-death/
Time Stamp: August 13, 2020 6:52 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Cryptocurrency and blockchain have become the most trending topic worldwide, especially on the internet. Mostly, investors and traders are involved more in cryptocurrencies. Because the crypto market gives good returns, and it offers an excellent opportunity for the traders too.Recently, a study revealed that 90% of the crypto investors are worried about their investment in cryptocurrencies. They are wondering what will happen to their crypto assets after their Death. However, some people have some proper plans for it. But some investors, particularly younger ones, are only thinking about their own.How

Surging Interest in ‘Yam’ Yield Farming — But Is It Too risky?

Source Node: https://cointelegraph.com/news/surging-interest-in-yam-yield-farming-but-is-it-too-risky
Time Stamp: August 11, 2020 11:38 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The latest craze in the DeFi sector is a new yield farming protocol called Yam which promises ‘equal opportunity’ staking with no premine, no founder shares, and a zero value token at launch.The experimental Yam Protocol is the talk of Crypto Twitter right now — with many excited about the big potential returns, while others worry about the risks. The recently launched project offers an elastic supply token, similar to Ampleforth, that can expand and contract depending on market conditions, with the aim of seeking eventual price stability and a peg