Daily Crypto News

May 27 Daily report: Uniswap v3 looks set for layer-two scaling, ETH breakdown to $2,000, Paypal will Enable Crypto Withdrawals to External Wallets, Elon Musk Clarifies He Does Not Control Dogecoin and Ark Invest Buys the Bitcoin Dip

Cathie Wood’s Ark Invest Buys the Bitcoin Dip, Adds $20 Million in GBTC

Bitcoin’s recent 40% decline from highs has sparked the interest of institutional investors looking to buy in. For Ark Invest, though, it was a case of buying the Bitcoin dip. Recent SEC filings revealed that Ark Invest purchased $19,872,939 worth of Bitcoin during the past week’s market turmoil.

Uniswap v3 looks set for layer-two scaling on both Arbitrum and Optimism

Uniswap is now planning layer-two deployments on both Arbitrum and Optimism. The Uniswap community has voted in favor of launching the leading decentralized exchange’s v3 iteration on layer-two scaling solution, Arbitrum. 

ETH breakdown to $2,000 looms in the wake of rejection at $2,900

Ethereum is back in red after a consistent rise toward $3,000. The breakout from last week’s key support at $1,750 failed to overcome seller congestion at $2,900. Note that the ongoing retreat is not unique to Ether but appears to be pulling the whole market down.

Paypal will Enable Crypto Withdrawals to External Wallets

Paypal drew attention as headlines in Q3 2020 when it announced its support for the trading of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). The move marked a new milestone for the crypto industry as million of Paypal customers and listed merchants now directly access the crypto.

Elon Musk Clarifies He Does Not Control Dogecoin (DOGE)

Tesla CEO Elon Musk has made it clear on social media he does not control the meme-inspired cryptocurrency Dogecoin (DOGE) and that his “ability to take action is limited.” Dogecoin, he said, has no formal organization. Musk has engaged with Dogecoin’s developers to try and keep the cryptocurrency’s development progressing and even asked his over 56 million followers on the microblogging platform to submit ideas to help develop DOGE.

1% Deposit Bonus & Withdrawal Fees On Crypto Deposit in BuyUcoin

BuyUcoin giving 1% deposit bonus on crypto and reimbursement of crypto withdrawal fees for Indian user who have funds on banned crypto exchange. In the wake of the recent ban ...
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A Decade in the Making: US SEC Approves 11 Bitcoin ETFs, Igniting Market Enthusiasm

After years of anticipation and regulatory scrutiny, the U.S. Securities and Exchange Commission (SEC) has granted approval to 11 Bitcoin ETFs applications, marking a significant milestone in the cryptocurrency and ...
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Will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved?

Everyone wants to know that bitcoin will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved? We talk about the Bitcoin ETF, an important part in the cryptocurrency space. According ...
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10 Must-Have Features on Bitcoin Staking Site

Crypto has provided many benefits for online gambling, and almost all relevant gambling sites now offer it as a payment method.  With so many gambling sites, players, especially those without ...
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Christmas in the cryptocurrency world arrives early as the pre-holiday crypto market heats up

Happy Cryptomas to all of you! During the bullish state of the crypto market, margin-lending platforms and decentralised exchanges were the most often used DeFi protocols. Bitcoin is Up 167% so ...
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