Revolut Announces Bitcoin Withdrawals – May 6

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $57,913

Bitcoin price has broken to the upside once again to begin Thursday, currently sitting around the $58,000 level.

Top-20 altcoins are mostly in the green, as Ethereum gains 4%, XRP rises 13% and Ethereum Classic leads with a 40% advance.

Top Stories for May 6, 2021 πŸ”₯

πŸ‘‰ Revolut Announces Bitcoin Withdrawals

European financial app Revolut has enabled withdrawals of Bitcoin from its platform for selected UK customers, with worldwide withdrawals in the works.

The move comes four years after the platform began to offer crypto trading services for the first time, previously only allowing withdrawals in fiat currency.

Limits will be placed on withdrawals to begin, limiting users to between only 500 and 1,000 pounds monthly to up to three external addresses.

πŸ‘‰ Uniswap V3 Launches On Ethereum Mainnet

Decentralized exchange Uniswap has launched its V3 contracts on the Ethereum mainnet, designed to improve capital efficiency.

The new version of the protocol enables liquidity providers to make markets within customized price ranges, allowing to more actively select their risk-reward profile for market making.

πŸ‘‰ US Court Authorizes IRS Request For Kraken Customer Information

An Internal Revenue Service (IRS) request for customer information from crypto exchange Kraken was approved by a US federal court yesterday.

The IRS is seeking the personal information of all Kraken customers who conducted more than $20,000 in cryptocurrency transactions on the platform, in order to identify US taxpayers who have not paid taxes on their crypto.