Crypto Morning News - May 4th, 2021
ETH once exceeded $3,400, and its market value ranking rose to the 18th place in global assets, and now ranks 19th
ETH rose to a maximum of $3,453.99 this morning, and is now reported at $3,322.29, an intraday increase of 20.82%. According to AssetDash data, the market value of Ethereum has risen to the 18th place in global assets. The current market value exceeds $380.31 billion, ranking 19th, and it has approached UnitedHealth Group, the largest health insurance company in the United States.
The share of BTC's market value has fallen to 44.6%, a new low
According to data from Coingecko, the share of Bitcoin's market value in the total market value has reached a new low and has fallen to 44.6%.
Argo Blockchain produced 163 BTC in April, with revenue of 6.7 million pounds
Argo Blockchain PLC (LON:ARB) reported that as the company continued to conduct Bitcoin mining, profit margins slightly expanded and revenue increased in April. Specifically, the income in April was 6.7 million pounds, higher than the 6.57 million pounds in March, and the average monthly profit margin was about 85%. The output in one month was 163 bitcoins, compared with 165 in March. As of the end of April, the company stated that it held 936 (or equivalent) bitcoins.
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Managing Director of CME Group: If Ethereum continues to skyrocket, it may launch micro-Ethereum futures
According to Decrypt, CME Group managing director Tim McCourt recently stated that if the price of Ethereum continues to skyrocket, CME Group is likely to also launch a "micro-Ethereum futures contract." Yesterday, CME Group officially launched micro bitcoin futures.
Coinbase officially launches Tether (USDT)
Coinbase officially launched Tether (USDT), Coinbase.com, Coinbase Android and iOS app users (except New York State) can now trade, exchange, send, receive or store USDT. Currently Coinbase only supports USDT of the ERC-20 standard. Mars Finance learned that Coinbase had previously postponed the launch of USDT twice due to compliance issues. In May 2020, Coinbase's custody business announced support for ERC-20USDT, but related content was deleted one month later.
Hotel booking platform Travala.com supports QTUM and DOGE payments
Hotel booking platform Travala.com tweeted that it now supports payment using QTUM and DOGE in 230 countries.
YFI fell below $50,000
YFI fell below $50,000 and is now quoted at $49,967.70, with a drop of 1.15% in 24H.
Crypto art platform Foundation releases creator data: $60 million has been earned
The crypto art platform Foundation today released data on NFT creators. Three months after the platform went live, creators have now received 18,000 ETH in revenue, or about $60 million, more than 6,400 NFT collectors participated in the platform bidding, and the auction transaction volume exceeded 74,000. ETH, about $245 million, At present, many collector autonomous organizations such as flamingoDAO, pleasesrDAO, and herstoryDAO have appeared on the platform.
Top DeFi agreement generates $252 million in revenue in April
According to The Block, the top DeFi protocol created $252 million in revenue for token holders in April. Among them, the DEX agreement Uniswap generated $136.6 million. In contrast, the agreements of Compound, SushiSwap and Ave generated $46.08 million, $35.23 million and $24.72 million, respectively. The income generated by the DeFi agreement includes the income of token holders and agreement users (including liquidity providers).
ETH option trading volume on Deribit exceeds BTC for the first time
According to Deribit data, ETH options trading volume reached $1.4 billion, surpassing BTC options trading volume for the first time.
Grayscale founder: The opportunity to create wealth in the cryptocurrency field is everywhere
Grayscale founder Barry Silbert tweeted that the wealth creation happening in cryptoland right now is staggering. Best part, the opportunity is available to everybody, everywhere.
MARKET DATA - TOP 10 [ from CoinMarketCap ]
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