Cryptocurrency News by BuyUcoin: Recent Episodes
Devendra Singh Khati
BuyUcoin is a leading Cryptocurrency exchange in India, operating since 2016. The Delhi-based on-ramps crypto exchange currently serves over 350,000 users and handles $90M+ in digital asset transactions.
https://www.buyucoin.com
Crypto News Headlines:
BTC Slips to $40000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin
Polkadotâs (DOT) long-awaited para chains are launching on Kusama (KSM)
Cardanoâs parent company IOHK announces an Ethereum ERC20 token converter is on its way
Celo rallies 50% as excitement builds for the upcoming âDonutâ hard fork
Ark Investment tips $20M into Grayscale Ethereum Trust
Source: BuyUcoin - https://www.buyucoin.com/crypto-labs/btc-slips-to-40000/
BTC could revisit $50,000, Mark Zuckerberg Hints at Being Bitcoiner, Buying Litecoin Now Is Like â2020 Ethereumâ, ETH causes mayhem amid sharp drop under $4,000 and Dogecoin price dumps
Yearn Finance surges 45%, Uniswap flips Bitcoin on daily revenue, EOS and YFI lead altcoins higher, Dogelon Mars, Shiba Inu, and Dogecoin take the lead and Enjin takes an interest in the project that delivers physically-backed NFTs
Bitcoin and Crypto Will Benefit Society and the Environment, Altcoins pop while Bitcoin looks for support near $50,000, Dogecoin Developers Say Theyâve Been Working with Elon Musk Since 2019, Top Crypto Trader to Sell Most of His ETH for ADA and Kusama (KSM) price hits new highs
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May 10 Daily report: SpaceX payload funded by DOGE plans to reach lunar orbit in 2022, Cardano smashes a new all-time high, Elon Musk on Saturday Night Live, Ether Price Pushes Past $4K for the First Time and BTC to reclaim $60000
https://www.buyucoin.com/crypto-labs/
May 5 Daily report: 40% intend to use crypto for payments in the next year,
Gnosis, Balancer, and PancakeSwap breakout, Institutional managers hold a record $13.9B worth of Ethereum Uniswap v3 spark a new Defi boom and Dogecoin, the leading indicator for alt season
https://www.buyucoin.com/crypto-labs/uniswap-v3/
What Is Polygon (MATIC)?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereumâs security, vibrant ecosystem and openness.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
Matic Network brings massive scale to Ethereum using an adapted version of Plasma with PoS based side chains. Industry dominance, established tech stack, tools, languages, standards, enterprise adoption. Can scale to millions of transactions on a sidechain tree architecture. Up to 65k transactions/second on a single Matic chain. Multiple protocols enabling extensive decentralized finance applications can be hosted on Matic Sidechains.
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Today's main Headlines are:
Ethereum market cap hits $337 billion, surpassing Nestle, P&G, and Roch
Defi adoption on the Binance Smart Chain reaches new highs
Altseason indicator flips to Bitcoin even as Rally and Polygon surge
Although the Bitcoin market struggled to recover, Ethereumâs market was responsible for saving the altcoins from a bearish trend. Since its last decline on April 22nd, Ethereum has experienced a powerful surge of 32%. Since then, the digital asset has stayed near its peak value, with ETH recently attempting to set a new all-time high.
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Todays Headlines:
Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close
Ether Could Hit $10K, FundStrat Says, Touting Network Value Versus Bitcoinâs
Ethiopian Education Minister Confirms Cardano Blockchain Partnership
Australian Securities Exchange May Launch First Crypto ETF This Year
Valkyrie, Osprey Beat Grayscale to Market With Polkadot DOT Trust
News Blog: Crypto-Labs | (buyucoin.com)
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SBI doubled crypto business profits in the past fiscal year
SBIâs total pre-tax profit from its crypto business surged above $174 million in the past fiscal year. On Wednesday, SBI released a report on the companyâs financial results, disclosing that its pre-tax crypto-powered profits during the past fiscal year amounted to 18.9 billion yen ($174 million). The amount is 10 billion yen ($92 million) higher than the total pre-tax total profit recorded over the previous fiscal year, SBI said.
DOGE on the threshold for 48% rally amid Elon Musk aggressive pumping,
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Crypto News Blog: https://www.buyucoin.com/crypto-labs/
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