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Crypto Total Market Cap (CRYPTOCAP) - Price analysis - 05/12/21

on May 12, 2021

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Crypto Total Market Cap in one day, is up ⬆️ (+ 0.98%).

Price Now: $2,472,031,970,448

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Coinbase negotiates purchase of Mercado Bitcoin and announcement should be made in April

Coinbase, the largest cryptocurrency exchange in the United States, is expected to announce the purchase of 2TM, the parent company of the Mercado Bitcoin, at the end of April. The information was published by Broadcast, Estadão's real-time news service. If confirmed, the acquisition represents an important step in Coinbase's expansion goal around the world. It is worth remembering that the American is still behind the Chinese Binance, which recently also came to Brazil to shop. A few days ago, Binance acquired the licenses from the broker sim;paul Investimentos. The purchase of 2TM would place in Coinbase's portfolio other companies besides the Mercado Bitcoin, such as Meubank, MB Digital Assets, Bitrust, Blockchain Academy and MezaPro. Coinbase had already announced plans to expand its operation and even cited Mexican Bitso as one of the possible acquisitions. Fonte: Seu Dinheiro

Bitcoin approaches $31,000 amid anticipation over possible Fidelity ETF

Last week, BlackRock had already filed a request to register a Bitcoin spot ETF, taking the asset to a record for the year. Bitcoin is nearing its one-year highs amid anticipation of a new BTC spot ETF order, allegedly by investment giant Fidelity. The world's largest cryptocurrency by market cap was trading near $31,000 earlier this afternoon, approaching its yearly high recorded last week when it hit $31,411. Information about Fidelity's ETF was released this Tuesday (27) by the specialist cryptocurrency vehicle The Block, which cited an unidentified source. According to the article, the company must submit the request today. “A genuine spot ETF would open the door to new money inflows, which would have a ripple effect in terms of volumes and interest,” Darius Tabatabai, co-founder of decentralized exchange Vertex Protocol, told Bloomberg. This is Fidelity's second attempt to launch a Bitcoin spot ETF. In 2021, the Securities and Exchange Commission (SEC, the US Securitie...

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Crypto Total Market Cap (CRYPTOCAP) - Price analysis - 05/12/21

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