📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $57,973
Bitcoin price tested recent highs multiple times over the weekend, failing to hold above $59,000 overnight.
Top-20 altcoins have performed well over the last 24 hours, as Ethereum gains 6% to break the $4,000 milestone, Dogecoin bounces back 12% and Stellar stands out with a 29% rise.
Top Stories for May 10, 2021 🔥
VanEck, a well-known asset management firm, has filed with the Securities and Exchange Commission (SEC) for an Ethereum exchange-traded fund (ETF).
The fund would be a trust holding Ether (ETH), with its share value based on the average market rate of the Ether held in the trust.
VanEck also recently re-filed for a Bitcoin ETF, however no ETFs have been approved in the US to date for any cryptocurrency.
Dogecoin earned a mention by Tesla founder Elon Musk on Saturday Night Live during the weekend, in a much-anticipated TV segment.
The coin’s price did not respond well, as it fell 22% after the show began. The coin had a strong run-up to the show, however, jumping 73% during the week before Saturday.
Decentralized finance (DeFi) protocol Rari Capital was exploited for $10 million worth of Ether over the weekend, equal to about 60% of user funds in the affected pool.
Protocol contributors voted for 2 million of the platform’s native RGT tokens – allocated as developer incentives – to be used as reimbursement for the hack’s victims.