Milk Road has acquired Bitcoin Price! Milk Road is the #1 crypto newsletter that is free and will make you smarter about crypto! | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $28,084 | Bitcoin price is hovering just below $28,000 today, following a failed run at the $29,000 level. | Top-20 altcoins are a mixed bag over the last 24 hours, as Ether gains 2%, BNB remains unchanged and Dogecoin corrects 3%. | Top Stories for April 5, 2022 🔥 | | The market capitalization of tokenized gold has surpassed $1 billion once again, with PAX Gold and Tether Gold in a close race for the top spot. The price of gold has reached a 13-month high, driven by concerns over the western banking crisis. | PAX Gold and Tether Gold are tokens pegged to the price of gold, providing investors and traders with the ability to self-custody and trade on centralized exchanges. The tokens are issued by Paxos Trust Company and Tether, respectively, and are traded on major exchanges such as Kraken, Binance, and Bitfinex. | | 1.3 million Ether (ETH) worth $2.4 billion will be unlocked in eight days, as Ethereum's "Shapella" hard-fork (previously known as the "Shanghai" upgrade) is activated. | Although some are worried about potential selling pressure, the expected supply boost amounts to just 20% of ether's average daily trading volume. Additionally, a large share of Ether stakers are long-term investors and may be unlikely to liquidate their holdings. | | MicroStrategy has announced its acquisition of an additional 1,045 Bitcoin for $29.3 million, at an average price of $28,016 per BTC. | The purchase brings the company's total Bitcoin holdings to 140,000 BTC, which were acquired for around $4.17bn at an average price of $29,803 per BTC. MicroStrategy's CEO, Michael Saylor, has been a vocal supporter of Bitcoin and has encouraged businesses to adopt it as a strategic asset to protect against inflation. | | Today on Milk Road: A hash prediction gone wrong, Twitter has a new logo, Visual of the Day: Ordinals on the rise, The coolest jobs in Web3, and Signature insiders sold $100M shares before fall. | |
|
