CRYPTO NEWS: Latest BITCOIN News, WAVES News, DOGECOIN News, ETHEREUM News
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Bitcoin fell $50,000 amid a $59,000 rejection
Bitcoin has failed to break the $60,000 mark, leading to a surge in upward pressure.
Bitcoin bulls controlled much of the price movement in the market last week despite routine trading. The flagship cryptocurrency managed to clear resistance at $55500, which is backed by a price near $59,000. Although investors had assumed BTC would close the day above $60,000 on May 4, a correction followed and the largest cryptocurrency fell below $55,000.
Waves.Exchange Lambo Giveaway announces Lamborghini Huracan Drawing
Anyone who invests even a small amount in U.S. dollars in the new investment product of Waves.Exchange will have a chance to win a real Lamborghini Huracan.
The Waves.Exchange team has launched a new investment product - Lambo Investments. The product allows earning about 60% p.a. in USDT by investing in a fixed-risk algorithmic trading strategy. On 27 of april Lambo investors has increased their investments by 5.2% in USDT just within 24 hours.
The user sends USDT to a smart contract in exchange for USDTLAMBO tokens, the amount of which corresponds to their share of the algorithmic trading pool, so, more money invested – more income. The strategy is the least risky from available on Waves.Exchange – the maximum drawdown of the Lambo investor’s portfolio cannot be deeper than 10%.
Lambo investors now have a chance to win a real Lamborghini Huracan. The winner will be chosen at random. You do not need to go through additional registration or KYC to participate in the drawing. Everyone who invests USDT in a Lambo investment product and subscribes to the official Waves.Exchange Twitter feed automatically enters the contest.
To participate in the contest, the user's average balance after 180 days must be at least 1 USDTLAMBO.
The contest started on April 17, 2021, and will run for 180 days until October 14.
Launch of Lambo Investments
Irish company Accenture will oversee 5 digital dollar pilots in the U.S.
Pilots will assess the potential benefits of the digital dollar, as well as functional, sociological, and business options for use.
The Digital Dollar Project, a nonprofit organization founded by former Commodity Futures Trading Commission chairman Christopher Giancarlo, plans to launch five pilots focused on central bank digital currencies over the next 12 months, Reuters reports.
Gemini crypto exchange adds support for Dogecoin
Cryptocurrency exchange Gemini has added support for the meme-themed dogecoin cryptocurrency, which has grown in popularity and price in recent months.
The development means Gemini customers will now be able to trade and custody dogecoin with exchanges in all 50 states of the United States. Initially, trading will be opened via Gemini's API and active trader applications for U.S. dollars. Then it will open in Gemini's mobile and
The world's leading auction and real estate firm, Sotheby, begins accepting BTC and ETH through Coinbase
Sotheby, a leading auction house and real estate marketplace has become the latest firm to accept bitcoins and cryptocurrency as payment.
Sotheby, one of the oldest and leading auction houses, announced that they will be accepting bitcoin and ether in partnership with cryptocurrency exchange Coinbase. Founded in 1744, the firm confirmed for the first time that the first artwork sold for bitcoins will be Banksy's painting "Love is in the Air" at its upcoming auction. Sotheby's CEO Charles Stewart told CNBC that the decision was made in light of the growing demand for digital assets.
Sotheby's begins accepting BTC and ETH
Argentinians rush to bitcoins amid inflation and economic downturn
The number of active cryptocurrency trading accounts in Argentina has increased tenfold since last year, according to the head of Binance Latin America.
Bitcoin and other cryptocurrencies are growing rapidly in popularity in Argentina as locals look for new ways to offset inflation, global news agency AFP News reported today.
Ether options trading volume on Deribit exceeded bitcoin trading volume for the first time
On May 4, the Deribit cryptocurrency derivatives exchange saw its first-ever unusual trend: trading volume for ether options exceeded bitcoin trading volume.
While total bitcoin options trading volume on May 4 was $879.5 million, ether was $1.32 billion, a 50% increase.
Deribit has stated that it has no opinion on the deal reversal. But the likely reason is that ETH has significantly outperformed BTC over the past few months.
By: HOT CRYPTO NEWS
Title: CRYPTO NEWS: Latest BITCOIN News, WAVES News, DOGECOIN News, ETHEREUM News
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