A general decline and recession occurred in the cryptocurrency markets after mid-April. With the new developments, this decline has now ended and many cryptocurrencies have started to rise today. On the last day of the week, exciting news from the cryptocurrency world continues to come. Many cryptocurrencies, especially BTC, ETH, BNB, entered an upward trend. Let's take a look at what's happening in the cryptocurrency markets today.
Those who have a Paypal account started trading on Coinbase
Coinbase announced that it has reached an agreement with Paypal and those who have a Paypal account can purchase cryptocurrency through Coinbase. However, with this agreement between PayPal and Coinbase, it will only be valid for American users. Now, users with Paypal accounts will be able to buy cryptocurrency easily and quickly through Coinbase. With this agreement, Coinbase has taken another important step for everyone in the United States to invest in cryptocurrency easily and reliably. In addition, Coinbase announced that it has acquired data and analytics provider Skew. The price for the purchase has not been disclosed.
Ethiopia confirms Cardano Blockchain partnership
Cardano has long been doing successful studies and events to partner with African countries. Cardano had previously announced a partnership with Ethiopia. Today, the Minister of Education in Ethiopia has confirmed that this agreement exists and is working with the IOHK. The Minister of Education announced that they will be working with IOHK on a blockchain-based system to monitor student performance in schools in Ethiopia. This and similar blockchain-based studies excite me, I think it will increase more in the future.
New partnerships from Chiliz
Chiliz continues to deal with sports clubs around the world. With the news of two new partnerships from Spain and the USA, Chiliz has grown stronger. Chiliz CEO Alexandre Dreyfus announced that they have reached an agreement with Levante, one of Spain's well-established clubs. With this agreement, Levante's fan token will be released in the coming days. A deal was made with the New Jersey Devils, Ice Hockey team competing in the NHL league in America. Chiliz has come to an agreement. With this agreement, it was Chiliz's first partnership with a professional sports team in the USA.
More than $ 4 billion of options expired this morning in the cryptocurrency market, and the market has not been adversely affected. When we look at the past months, we can see that the cryptocurrency market has increased in an upward direction after the options expire. We can say that the rapid rise that started today will continue in the coming days.
BTC
More than $ 4 billion of options expired this morning in the cryptocurrency market, and the market has not been adversely affected. When we look at the past months, we can see that the cryptocurrency market has increased in an upward direction after the options expire. We can say that the rapid rise that started today will continue in the coming days. Bitcoin (BTC) has passed the $ 56000 resistance that it has not been able to break for a long time. It even climbed to $ 57385 during the day, dropped a little after the subsequent sales requests, but I think the uptrend will continue. It is currently trading at $ 56992.
ETH
Ethereum (ETH), which is the most valuable crypto asset in the crypto money market according to the market size after Bitcoin, has set its sights high. Ethereum (ETH) broke an all-time record today with an all-time high of $ 2798. In addition, Ethereum has been outperforming Bitcoin lately, and I think this will continue for a while. According to the current data, while BTC decreased by 3% in April, ETH gained approximately 45% value. And I think ETH will continue to rise. ETH is currently trading at $ 2782.
BNB
Investor interest in the Binance Smart Chain (BSC) network continues to increase. In addition, Binance has announced that it will set up an NFT platform. New developments continue to positively affect BNB, with BNB doubling its price in April. Binance Coin (BNB) also started the day with a rise and reached $ 628 and currently trading at $ 623. BNB may set the new all-time record in the coming hours. Also, BNB whales started to multiply. There is a significant increase in the number of addresses holding 10,000 to 1 million BNB tokens, with values ranging from $ 60 million to $ 600 million this month. increased by about 17%.
ADA
Cardano (ADA) has become one of the most talked about events with its recent agreements and events. New developments add strength to ADA and allow many investors to come. The ADA is trending upward, but investors need to be more patient, there will be new developments in May and the ADA may go higher. I expect the ADA to break the all-time record in May. ADA is currently trading at $ 1.35
HIVE
The Hive made a rapid rise 3 days ago, then declined slightly with the price adjustment. It is currently trading at $ 0.64. This price is incredibly low and I think it's an incredible opportunity to invest. I think it is one of the best cryptocurrencies to buy at the lowest price. It can be difficult to get a Hive at $ 0.6 in the future, I think it's time to invest.
New developments positively affected the Cryptocurrency market. Many cryptocurrencies, especially BTC, ETH, BNB, ADA, are giving bullish signals. It seems that this increase will continue in the coming hours. Many cryptocurrencies, especially ADA, Hive, Leo and CUB, offer the opportunity to invest from the lowest and to earn more. It is convenient to invest in BTC, ETH, BNB with these prices. But especially ADA, Hive, Leo and CUB prices are at their lowest levels and they may double their prices next month. CUB is currently $ 2.7, LEO is currently trading at $ 0.65. I would like to state that these prices are the lowest levels of recent times.
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