π 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 π₯ 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. |