BuyUcoin: The biggest news stories of the day. Ethereum price peaks again, Bitcoin is above $50K.
On a busy day for news, here are the standout stories from the world of crypto in our best of the day’s segment.
Ethereum price peaks again.
Ethereum (ETH/USD) came off early in today’s Asian session as the pair depreciated to the 1709.96 area after trading as high as the 1753.81 area earlier in the Asian session. Stops were elected above the 1751.20 area during the ascent, representing the 23.6% retracement of the depreciating range from 1836 to 1725.
Read more on Ether reaches a New High
Bitcoin Turns Attractive Above $50K!
Bitcoin price gained bullish momentum above the $50,000 resistance against the US Dollar. BTC traded towards $52,000 and it remains supported for more upsides. After a strong close above the $48,000 level, bitcoin started a fresh increase. BTC was able to clear the key $50,000 and $50,500 resistance levels to move into a positive zone.
Read more on Bitcoin Bull’s Eye $50K!
UNISWAP surges 50% in one week, becomes first Defi DApp token in crypto’s top 10
Uniswap’s governance token has become the first Defi token to rank among the ten-largest crypto assets by capitalization. The native token of leading decentralized exchange Uniswap has surged by nearly 50% this week, ranking UNI as the eighth-largest crypto asset with a $17.7 billion market cap.
Read more on Why Defi Tokens are Rallying?
India’s Crypto Ban Uncertain as Finance Minister Touts a Window for Experiments
India’s Finance Minister told CNBC that the country’s reserve bank is not shutting out cryptocurrencies entirely. She said that while the Reserve Bank of India will decide which unofficial cryptocurrencies will be used and regulated, there will be “a window for experiments” in the industry.
Read more on the Indian Government response to cryptocurrency!
Mark Cuban sees $1 written in DOGECOIN’s tea leaves
“If we sell another 6,556,000,000 DOGE worth of Mavs merch, Dogecoin will definitely hit $1,” said the Dallas Mavericks owner. After only three days of accepting Dogecoin (DOGE) as a form of payment, Dallas Mavericks owner Mark Cuban is predicting the price of the token will eventually hit $1.
Read more on Dogecoin, Market see the price change!
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1% Deposit Bonus & Withdrawal Fees On Crypto Deposit in BuyUcoin
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A Decade in the Making: US SEC Approves 11 Bitcoin ETFs, Igniting Market Enthusiasm
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Will Bitcoin Price Increase 200% When Bitcoin ETF Is Approved?
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10 Must-Have Features on Bitcoin Staking Site
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Christmas in the cryptocurrency world arrives early as the pre-holiday crypto market heats up
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