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Daily Crypto News

May 1 Daily report: Bitcoin bulls attack $57,000 and altcoins rally, Ether Could Hit $10K, Cardano Blockchain Partnership, First Crypto ETF This Year and Polkadot DOT Trust

Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close

Altcoins moved toward new highs and Bitcoin bulls attack $57,000 shortly after today’s uneventful $4.2 billion monthly options expiry. Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month’s $4.2 billion options expiry occurred without any signs of controversy. 

Ether Could Hit $10K, FundStrat Says, Touting Network Value Versus Bitcoin’s

“The crypto narrative is shifting from bitcoin to Ethereum,” wrote FundStrat, which placed a $10K price target on ETH for this year. Ether (ETH), the second-largest cryptocurrency by market cap, could see further gains towards $10,000 this year after reaching a new all-time high around $2,780 on Thursday – a roughly threefold increase forecasted by FundStrat, a market research firm.

Ethiopian Education Minister Confirms Cardano Blockchain Partnership

Ethiopia’s Minister of Education confirmed the government is working with IOHK, the company behind the Cardano protocol, on a blockchain-based system to track student performance in the African country’s schools. “This initiative is about bringing technology to improve the quality of education,” said the minister.

Australian Securities Exchange May Launch First Crypto ETF This Year

The ASX said it is “spending an enormous amount of time” on digital assets. The Australian Securities Exchange (ASX) may launch a cryptocurrency exchange-traded fund (ETF) by the end of this year, according to a report by Business Insider Australia, which cited multiple people familiar with the situation.

Valkyrie, Osprey Beat Grayscale to Market With Polkadot DOT Trust

Valkyrie is charging a 2% management fee on the fund, just under Osprey’s 2.5%. Valkyrie Digital Assets has launched a Polkadot fund with a novel twist. The investment vehicle will give clients access to the appreciation of the underlying DOT (+1.88%) tokens but also the 8% yield from Valkyrie staking the asset through Coinbase Custody.

Will the Bitcoin price surge to $60000 at the start of 2024?

Will the Bitcoin price surge to $60000? If the price of bitcoin gets past the current obstacle at $43,860, it may rise by 20% to target the psychological milestone of ...
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Bitcoin surpasses $40,000. Why is cryptocurrency once again on the rise?

Bitcoin surpasses $40,000 for the first time this year, due to bets on U.S. interest rate cuts and anticipation of the approval of a bitcoin exchange-traded fund. This is the ...
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Baby Doge Coin, Casper, and Toncoin are now listed on BuyUcoin

Dear BuyUcoin users, We are excited to inform you that trading on the BuyUcoin EZ Market is now available for Baby Doge Coin, Casper, and Toncoin! Baby Dogecoin Meme cryptocurrencies ...
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BuyUcoin digital exchange registers with FIU-India

BuyUcoin demonstrates its dedication to financial compliance for virtual digital assets by becoming a FIU Registered Reporting Entity Indian digital exchange for digital assets In accordance with the most recent ...
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Software You Need For Crypto Trading, Investing, and Spending

The world of crypto finance is very exciting and still relatively new. So before you dive right in to crypto trading, investing, or even spending it, it pays to be ...
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