DailyCoin
Published May 05, 2021 10:30AM ET
Crypto Flipsider News – May 5th – Dogecoin, Chainlink, Tether, Janet Yellen, China DCEP, PayPal
Greetings to people who are not indifferent to crypto,
DailyCoin flipsider speaks again. Today is Wednesday, May 5th. The middle of the week, in which Dogecoin rocks. Probably, on a SpaceX rocket.
Read in the digest:
Dogecoin Reached Its All-Time-High of $69
Yesterday, it became the fourth crypto by market capitalization, overtaking XRP. Today, it reached the price of $0.69 for one unit. Now, it’s bigger than Nintendo. No more praises for it. If you’d like to know more, check our latest article on the coin here and here.
Flipsider:
Tether is Listed in Coinbase
Despite its transparency problems, Tether is moving forward. Coinbase confirmed to support only the Ethereum version of Tether but not EOS, Tron, or Algorand alternatives.
Flipsider:
Chainlink Reached $50 Price for the First Time
While Dogecoin surfs on the waves of hype, Chainlink adopted the strategy “Slow and steady wins the race.” The coin was steadily rising the entire week.
Flipsider:
Janet Yellen Speaks, the Market Trembles
Treasury Secretary of United States mentioned that Bitcoin is “extremely inefficient” for monetary transactions.
Flipsider:
China is on Watch for Own Crypto
There appeared news from the Asian dragon about their digital currency. Although it haven’t been launched, Chinese bank presented prototype ATMs that can work with it and convert real currency into DCEP.
Flipsider:
Is PayPal Creating Own Stablecoin?
All we know is Ava Labs, the team created the Avalanche blockchain, constantly having talks with PayPal, probably about stablecoin development, as previously the company showed ambitions for it.
Flipsider:
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Written By: DailyCoin
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