Coinbase Traffic Soars As Crypto Gathers Mainstream Attention – February 3

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $36,139

Bitcoin price continues to rise steadily, breaking the $36,000 mark once again today. Price reached as high as $36,873 before cooling off.

Top-20 altcoins are also looking strong, as Ethereum gains another 8%, XRP remains unchanged, and Polkadot rises 7%.

Top Stories for February 3, 2021 πŸ”₯

πŸ‘‰ Coinbase Traffic Soars As Crypto Gathers Mainstream Attention

US cryptocurrency exchange Coinbase has reached top-1000 status in the world’s most popular websites, as well as becoming one of the top 500 US websites.

The Coinbase app also had 1.3 million downloads over the month on January – more than several of the most popular stock-trading apps combined.

πŸ‘‰ Gemini Launches Interest-Earning Feature With Up To 7.4% Returns

Winklevoss-owned exchange Gemini has jumped on the yield bandwagon, offering a new interest-earning feature called Earn.

Users will be able to stake their assets for up to a 7.4% yield, on as many as 26 different crypto assets. BTC and ETH will earn just over 3%, while Filecoin is the only coin to yield the maximum return.

πŸ‘‰ IBM Blockchain Team Reorganizing, Jobs Cut

IBM’s blockchain team is reported to be undergoing a “major reorganization”, with sources saying there may not be a blockchain team at the company for much longer.

The company failed to reach its revenue targets in the niche over the last two years straight, including a 90% under-performance this year.