Chinese cryptocurrency
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De crypto wereld blijft verrassen, en het zijn weer de memecoins die flink winst pakken. Waar deze crypto ooit begonnen als een grap, gaan er nu miljoenen en miljoenen aan in handelsvolume in op. Op Bitvavo, de grootste cryptobeurs van Nederland, sta…
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Free cryptocurrency
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As the largest crypto exchange globally, Binance knows a thing or two about crypto. Join their Learn and Earn program to tackle quick quizzes and tasks about various cryptocurrencies, and you can pocket up to US$100 worth of free crypto.
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Yzer is an app dedicated to education on Bitcoin, economics and finance. As you progress through each learning module and complete quizzes with an acceptable score, you earn satoshis (Sats) — fractions of a Bitcoin — which you can then withdraw to a Bitcoin wallet that supports the Lightning Network, a Layer 2 network built on top of Bitcoin.
Cryptocurrency news today
Today’s crypto news underscores the sector’s dynamic nature, blending innovation, market reactions and the occasional pitfalls. As bitcoin reclaims the $30K mark and major players like PayPal delve deeper into the crypto realm, the intersection of traditional finance and digital currencies becomes ever more pronounced.
The price of the flagship cryptocurrency was last higher by 4.5% at $79,800.19, according to Coin Metrics. Ether rose 3%, after passing the $3,000 level on Saturday. It last changed hands at $3,203.10.
Smaller coins saw bigger moves as investors continued to digest the implications of a second term for President-elect Donald Trump. The payments coin XRP surged 11%. The decentralized finance token tied to Cardano rocketed 40%. Memecoins dogecoin and Shiba Inu coin soared 17% and 31%, respectively.
“Crypto is poised to enter a golden era,” Alex Thorn, head of research at Galaxy Digital, said in a research note Friday. “Trump has promised to make America the ‘crypto capital of the world’ and his high level team is filled with strong crypto advocates … . The pro-crypto nature of his team, family, and donors increases the likelihood that Trump follows through on his campaign promises to the industry.”
Bitcoin’s price saw a 3% uptick, climbing to just shy of $30,000 in response to a plunge in global long-dated government bond yields. This fall in yields was triggered by China’s far weaker than anticipated trade numbers for July. The U.S. 10-year Treasury yield tumbled below the 4% mark. These macroeconomic shifts have seemingly buoyed the crypto market, with other notable cryptocurrencies like Solana (SOL), Toncoin (TON), and Chainlink (LINK) registering gains of over 4% at the time of writing.
Huobi, a leading cryptocurrency exchange, received substantial deposits from a crypto whale, including $200 million USDT and 5,000 ether (ETH). These transactions come amidst a backdrop of continued outflows from the exchange.