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Daily Crypto News

May 15 Daily report: Bitcoin and Crypto Will Benefit Society and the Environment, Altcoins pop while Bitcoin looks for support near $50,000, Dogecoin Developers Say They’ve 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

Dogecoin Developers Say They’ve Been Working with Elon Musk Since 2019

Dogecoin Developers working with him to make the cryptocurrency a cheaper, greener alternative to Bitcoin. Musk had tweeted on Thursday that he was working with Dogecoin’s developers to “improve system transaction efficiency.” DOGE’s rising price has ensured that there is plenty of money in the kitty, said Nicoll. 

Mark Cuban Responds to Elon Musk, Says Bitcoin and Crypto Will Benefit Society and the Environment

Dallas Mavericks owner Mark Cuban says his NBA franchise will continue to accept Bitcoin as payment despite Elon Musk’s recent announcement that Tesla will not. Cuban tells his 8.4 million Twitter followers that, as a store of value, BTC is in fact a better environmental alternative to gold.

Altcoins pop while Bitcoin looks for support near $50,000

Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains. Bitcoin (BTC) continues to look for direction but as this occurred, but. One of the breakout stars of 2021 is Polygon (MATIC), which has seen its price rally 60% over the past 24-hours to reach a new record high at $1.75.

Top Crypto Trader to Sell Most of His ETH for ADA

Widely followed cryptocurrency trader Capo has announced he is selling 75% of his Ethereum holdings for Cardano’s ADA, seemingly expecting the cryptocurrency to outperform the market in the near future. Capo’s announcement came days after he revealed he was looking at several cryptocurrencies, including Binance’s BNB, smart contract competitor Solana, ADA, automated market maker Balancer, and oracle asset Tellor.

Kusama (KSM) price hits new highs as para chain auctions begin to take shape

Kusama(KSM) rallied to a new all-time high as investors rushed into new positions in order to participate in the hype surrounding the upcoming para chain auctions. Kusama is designed to provide an interoperable and scalable framework for developers. The price of KSM began to break out to a new all-time high over the next 32 hours.

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New Cryptocurrency Bill Advances to Senate in Brazil

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