As bitcoin (BTC) soared in February, social media, particularly Twitter, appeared to take on an expanded role in cryptocurrency markets, with prices pumping in response to tweet after tweet. It became clear that investor appetite for risk remained strong despite earlier concerns about rampant speculation. Source link … [Read more...] about Musk Pumps Bitcoin and Dogecoin
Pumps
Alameda Research Pumps $75M Funding Into Voyager Digital
Cryptocurrency broker Voyager Digital said it has received a $75 million investment from trading firm Alameda Research.The investment will be used for growth opportunities, Voyager Digital (TSX: VOYG), said Thursday. Shares of the company soared 17% as of 10:20 a.m. in Toronto.The firms will tap opportunities in non fungible tokens (NFTs) and crypto derivatives and work … [Read more...] about Alameda Research Pumps $75M Funding Into Voyager Digital
Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps
Ethereum broke the $3,000 mark yesterday as top coins jumped on news of favorable legislation around cryptocurrencies in the US, data from multiple sources showed.The asset trades slightly above $3,000 at press time, with a resistance zone at the $3,160 price level as the below chart shows.Image: ETH/USD via TradingView.It, however, remains in a firm uptrend, moving from $1,700 … [Read more...] about Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps
Privacy coin Monero pumps 31% amid US taxation plans
Coinciding with news that United States President Joe Biden’s proposed tax plan would require tax reporting on business transactions exceeding $10,000, the value of privacy coin Monero (XMR) climbed 31% on Friday. Biden’s American Families tax plan would require exchanges and custodians to implement tighter reporting measures to help detect tax evasion and money laundering. … [Read more...] about Privacy coin Monero pumps 31% amid US taxation plans
Dogecoin imitator Shiba Inu pumps 146% on Binance listing
Having emerged with the self-applied moniker of “Dogecoin Killer,” the latest cryptocurrency to succeed on laughs alone is making its way to Binance. Shiba Inu (SHIB) burst into CoinMarketCap’s top 20 rankings just two days ago, likely a response by traders to the hype surrounding Dogecoin (DOGE). Within 48 hours, the SHIB token went from a valuation of $0.000003 to $0.000032 — … [Read more...] about Dogecoin imitator Shiba Inu pumps 146% on Binance listing