What's Happening in the Cryptocurrency Market? (May 10)

Here are the cryptocurrency news of May 10, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...

Interest in cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day? The cryptocurrency world is going through a very active period. The statements of US President Joe Biden regarding changes in the tax law, the CBRT's ban on cryptocurrencies from payments, and then the addition of crypto asset service providers to the liabilities section by publishing a new regulation with the presidential decision had a great impact on the cryptocurrency market. On the other hand, after US Treasury Secretary Janet Yellen said that interest rates may need to increase moderately to prevent the US economy from overheating due to high government spending, the negatively affected cryptocurrency market started to recover. While the cryptocurrency market started the new week in the green area, Ethereum attracted attention with its performance despite BTC's slight increase. Ethereum has hit a record high today. Ripple is currently in silence.

How Much Is A Bitcoin?

Bitcoin, which was traded at $ 57,585 in yesterday's transactions, was traded at $ 57,152.3, losing 0.55 percent in today's transactions. Bitcoin's dominance in the cryptocurrency market was 83 percent in 2016. This year, as investors shifted to altcoins, the market dominance dropped to 44 percent.

What Is The Price of Ethereum?

Ethereum climbed to an all-time high of $ 4,231. ETH was trading at $ 780 at the beginning of 2021. The leading altcoin is currently trading at $ 4,131.63. ETH's earnings in the past 24 hours were recorded as 5.54 percent.

What Is The Price of Ripple?

Ripple, which has been losing for a long time, has remained silent today. XRP, which has lost 0.53 percent in the last 24 hours, is being traded at $ 1.50438 at the time of writing.

How Much Was BTT?

BTT continued its losses on the third day. BitTorrent, whose total loss has reached double digits for two days, has lost 5.04 percent in the last 24 hours. BTT is currently trading at $ 0.006850.

What Is The Price of CHZ?

Chiliz, which did not make its investors smile for a long time, lost 3.77 percent today. CHZ is trading at $ 0.461322 at the time of writing.

Latest News

Fraudsters who took advantage of Elon Musk's SNL show stole $ 100,000 in cryptocurrency The fraudsters turned Elon Musk's participation in the SNL television show on Saturday night into an opportunity again on social media. Through fake accounts, 100 thousand dollars of cryptocurrency fell into the hands of fraudsters. 20 verified accounts that have not been used on Twitter for a long time but have a blue tick have been hacked by fraudsters. Accounts in which images and details were changed started to tweet like SNL's real accounts. It was noted that small amounts of cryptocurrencies to be sent to addresses written in the tweets will be identified by SNL and 10 times the amount sent in return will be sent from the same cryptocurrency. Scammers managed to steal $ 100,000 worth of cryptocurrency in this way. Shiba Inu Listed on Binance Exchange The cryptocurrency exchange Binance has decided to list the cryptocurrency Shiba Inu, which has recently been spoken along with Dogecoin. In the statement made by Binance, it was noted that SHIB will be located in the Innovation Area and will be traded with SHIB / BUSD and SHIB / USDT pairs. The transactions were started today at 2 pm TSI.