Crypto Daily News from ZBG Exchange
Retail buying through PayPal is likely helping push bitcoin’s price higher while traders are hoping to get into an ether options market with potential volatility similar to March 2020.
2. Total Cryptocurrency Market Value Hits Record $1 Trillion
The total value of all cryptocurrencies passed $1 trillion Wednesday for the first time ever, per CoinGecko‘s index of 6,124 assets. At its prior peak in late 2017, the market’s total capitalization was just above $760 billion, according to TradingView.
3. Maker’s MKR Token Surges to 2-Year High on DeFi Growth
Prices for MKR, an Ethereum-based governance token, surged to their highest levels in more than two years on Wednesday. MKR was trading at $1,068.53 as of press time, up 44% in the past 24 hours. However, it was trading at $1,251.14 earlier in the day, close to its Jan. 21, 2018, record of $1,798.70.
4. Cryptocurrency Mining Firm Marathon’s Market Cap Passes $1B
Nasdaq-listed cryptocurrency mining firm Marathon Patent Group (MARA) reached a total market value of $1 billion as its shares surged Wednesday to the highest in more than three years, over $17.
5. Bitcoin Lightning Startup Zap Goes Global, Adding Multiple Fiat Pairs, Stablecoins
Strike — the Chicago-based startup’s Bitcoin wallet and banking service — is rolling out native support for the euro, pound and Swiss franc, soon to be followed by the Australian and Canadian dollar after partnering with cryptocurrency exchange Bittrex Global
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January 7, 2021