{"id":10346,"date":"2021-08-02T06:13:29","date_gmt":"2021-08-02T06:13:29","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=10346"},"modified":"2021-08-02T06:13:29","modified_gmt":"2021-08-02T06:13:29","slug":"daily-crypto-news-crypto-market-cap-at-6-week-high-polkadot-dot-explodes-16","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/daily-crypto-news-crypto-market-cap-at-6-week-high-polkadot-dot-explodes-16\/","title":{"rendered":"Daily Crypto News- Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16%"},"content":{"rendered":"<h3><b>Cardano Will Allow Users to Run Smart Contracts Once Hard Fork Occurs<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Users will be able to deploy smart contracts once the <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-cardano?market=ada-inr\"><span style=\"font-weight: 400\">Cardano<\/span><\/a><span style=\"font-weight: 400\"> hard fork happens. Charles Hoskinson believes most of the upcoming upgrades will happen between August and September this year. ADA is currently priced at $1.37, down from its all-time high of $2.45.<\/span><\/p>\n<h3><b>Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16%<\/b><\/h3>\n<p><span style=\"font-weight: 400\">The crypto market cap has reached a six-month high at $1.660T as bitcoin and most of the altcoins are deep in green. The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ethereum?market=eth-inr\"><span style=\"font-weight: 400\">ETH<\/span><\/a><span style=\"font-weight: 400\">, BNB, and <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-polkadot?market=dot-inr\"><span style=\"font-weight: 400\">DOT<\/span><\/a><span style=\"font-weight: 400\">, which has jumped by more than 16% in a day. Crypto Market Cap at 6-week High: Polkadot(Dot) Explodes 16%.<\/span><\/p>\n<h3><b>Stablecoins USDC and BUSD Are Eating into the Market Share of Tether (USDT)<\/b><\/h3>\n<p><span style=\"font-weight: 400\">As the overall cryptocurrency market continues to expand with more user participation, stable coin providers have been competing to gain major market share. As it seems, stable coin Tether (USDT) continues to dominate the market with $61 billion USDT coins floating in the market.\u00a0<\/span><\/p>\n<h3><b>XRP\u2019s Average Daily Trading Volume Doubled to $4 Billion in Q2 Amid Heightened Volatility<\/b><\/h3>\n<p><span style=\"font-weight: 400\">The average daily trading volume of the <\/span><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-ripple?market=xrp-inr\"><span style=\"font-weight: 400\">XRP<\/span><\/a><span style=\"font-weight: 400\"> token has surged in the second quarter of the year, despite the ongoing legal dispute involving its largest player Ripple and the U.S. Securities and Exchange Commission (SEC). Similarly, the price of XRP high a $1.83 high before plunging to a $0.5 low this quarter. The cryptocurrency\u2019s price then recovered and is now trading at $0.72.<\/span><\/p>\n<h3><b>MicroStrategy Secures A Whopping $1.4 Billion In Bitcoin Gains \u2013 Not Dumping Anytime Soon<\/b><\/h3>\n<p>The company made around $1.4 billion in profit on paper as it has not sold or plan to sell its <a style=\"font-size: 1.2rem\" href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-bitcoin?market=btc-inr\"><span style=\"font-weight: 400\">BTC<\/span><\/a><span style=\"font-weight: 400\"> holdings soon. The company acquired its Bitcoins with both operating income and debt of $2.2 billion at a blended interest rate of around 1.5% interest. Saylor, pitching to win potential investors over for the company.<\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/www.buyucoin.com\/crypto-labs\/according-to-the-ceo-of-mastercard-the-company-must-be-present-in-the-cryptocurrency-space\/\">According To The CEO of Mastercard, The Company must be present in the cryptocurrency space<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Cardano Will Allow Users to Run Smart Contracts Once Hard Fork Occurs Users will be able to deploy smart contracts once the Cardano hard fork happens. Charles Hoskinson believes most of the upcoming upgrades will happen between August and September this year. ADA is currently priced at $1.37, down from its all-time high of $2.45.&hellip;<\/p>\n","protected":false},"author":11,"featured_media":10352,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[149,1112,945,252,1245],"class_list":["post-10346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-cardano","tag-crypto-market-cap","tag-daily-report","tag-stablecoins","tag-xrps-average-daily-trading-volume"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10346"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=10346"}],"version-history":[{"count":1,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10346\/revisions"}],"predecessor-version":[{"id":10351,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/10346\/revisions\/10351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/10352"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=10346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=10346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=10346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}