Cryptocurrency Price Check: Bitcoin Falls, DeFi Gets New Update
TheStreet looked at the charts of Bitcoin to find out when to buy the dip after it falls from its highs above $60,000.
Coinbase’s planned direct-listing in March is going to be delayed as the SEC is also looking into the matter from a regulatory perspective.
Dolphin Entertainment (DLPN) – Get Report shares soared after partnering with Hall of Fame Resort & Entertainment to offer sports and entertainment-focused NFTs.
Top-tier U.S. investment banks are jostling for market share in a Bitcoin ETF product, which the SEC has refused to sign off on from a regulatory perspective for years. The growing institutional interest looks to put additional pressure on the regulatory body.
Here is a list of some of the top cryptocurrencies to watch and their performance from this past week by the percentage change at around 10 a.m. Saturday, Mar. 27.
Bitcoin BTC | $54,309.69
Federal Reserve Chair Jerome Powell expressed cautiously optimistic public comments on Bitcoin as a store of value, versus a medium of exchange.
Bank of America put together a report on Bitcoin that argues “The main argument for Bitcoin is not diversification, stable returns, or inflation protection, but sheer price appreciation.”
Ethereum ETH | $1,677.27
The largest exchange for decentralized cryptos, DeFi, unveiled a new update that has been closely followed by institutional traders in Ethereum and related applications such as NFTs.
Dogecoin DOGE | $0.054
Musk looks to have moved on from Dogecoin as his favorite thing to cryptically tweet about in the cryptocurrency space after he tweeted about DeFi.
Binance Coin BNB | $255.55
Binance Coin was passed by Cardano as the third-largest cryptocurrency this past week.
Chainlink LINK | $26.21
Chainlink announced an integration that connects Filecoin to smart contract-enabled blockchains, according to Coindesk.
Filecoin FIL | $126.57
Filecoin is up over 50% in the past week and could come down as other cryptocurrency coins have fallen during the same period.
All cryptocurrency price performances are referenced and pulled from Coinbase.