Bitcoin

Bitcoin price struggled to stay above USD 52,000 and corrected lower. Ethereum is correcting gains from above USD 1,650, XRP is moving lower towards USD 0.425. CHZ, ENJ, and ZKS are up over 20%.

Crypto’s so-called unsuitability as a form of payment – a charge leveled at the sector by its biggest critics – is increasingly being put to the test, as some of the world’s biggest crypto exchanges wade into the payments sector.

Brave, the developer of a crypto-friendly internet browser, said it acquired Tailcat, the open search engine developed by the team formerly responsible for the privacy search and browser products at Cliqz, a holding of Hubert Burda Media.

Bitcoin price is seemingly preparing for a move above USD 50,000. Ethereum could retest the USD 1,600 resistance, XRP could soon clear the USD 0.450 resistance. ENJ and EWT outperformed and rallied over 20%.

The most popular cryptocurrency, bitcoin (BTC) is rallying above the USD 50,000 level again after leaving this zone less than a week ago and dropping below USD 44,000 on Sunday.

PayPal is said to be in the process of buying crypto custodian Curv, Coindesk reported, citing three undisclosed sources "familiar with the situation.

The major Colombian commercial bank Banco de Bogotá has begun a crypto pilot that will see a select group of its customers allowed to make crypto transactions on its banking platform. Per Portafolio, the pilot will begin this month and will allow customers to make crypto deposits and withdrawals on its mobile and virtual banking platforms.

While demographic studies have shown in the past that the average crypto investor is young and male, the picture in 2021 is altogether different, a recent report has found, with Millenials being edged out by boomers and Generation Xers. At least that is the case in South Korea, where a new wave of “crypto moms” is becoming increasingly interested in bitcoin (BTC) and altcoins.

Major crypto derivatives exchange BitMEX might introduce a new range of plain vanilla, or basic financial products designed to boost its market share, according to Alexander Höptner, CEO of 100x Group, the holding behind the platform.

Bitcoin price is up over 5% and it even tested the USD 50,000 resistance. Ethereum gained 10% and it tested USD 1,600, XRP might surpass the USD 0.450 resistance. FLOW, SUSHI, and ENJ rallied over 25%.