Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in Equity Markets’

Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights 'Froth in Equity Markets'Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop shares and the crypto asset dogecoin. Powell said that the Federal Reserve aims […]

Kraken Daily Market Report for April 29 2021

Overview


  • Total spot trading volume at $1.71 billion, down from the 30-day average of $2.19 billion.
  • The top five traded coins were, respectively, Bitcoin, Ethereum, Tether, Cardano, and Dogecoin.
  • Good returns from Ocean (+5.3%) and Balancer (+5.5%).
  • XDG/XBT has had over a 29x increase in trading volume over the last 30 days.

April 29, 2021 
 $1.71B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$53853. 
↓2.0% 
$560.8M
ETH 
$2789.1 
↑1.4% 
$454.1M
USDT 
$1.0006 
↓0.03% 
$276.8M
ADA 
$1.3657 
↑1.9% 
$95.6M
XDG 
$0.3126 
↓2.6% 
$84.5M
XRP 
$1.3921 
↑2.4% 
$76.8M
DOT 
$33.893 
↓0.3% 
$49.8M
USDC 
$1.0000 
↑0.01% 
$42.6M
LTC 
$257.58 
↓0.5% 
$24.8M
LINK 
$36.614 
↑0.9% 
$18.6M
SC 
$0.0381 
↓3.1% 
$15.7M
FLOW 
$30.761 
↓3.2% 
$14.6M
ALGO 
$1.3436 
↑4.1% 
$11.3M
BCH 
$887.58 
↓2.7% 
$10.5M
WAVES 
$19.262 
↑1.2% 
$10.5M
UNI 
$41.556 
↓2.9% 
$9.68M
XLM 
$0.4951 
↓0.5% 
$8.32M
XMR 
$414.99 
↑0.4% 
$7.75M
TRX 
$0.1221 
↓0.6% 
$7.49M
FIL 
$150.22 
↓0.6% 
$6.22M
KEEP 
$0.6808 
↓0.6% 
$5.83M
KSM 
$387.61 
↓1.8% 
$5.73M
ATOM 
$22.193 
↓3.3% 
$5.21M
MANA 
$1.4366 
↓7.3% 
$5.02M
AAVE 
$446.96 
↓3.1% 
$4.83M
XTZ 
$5.3361 
↑1.5% 
$4.35M
DAI 
$1.0013 
↓0.0% 
$4.05M
ICX 
$2.3286 
↓2.8% 
$4.01M
NANO 
$8.1330 
↑0.9% 
$3.71M
OCEAN 
$1.3709 
↑5.3% 
$3.45M
EOS 
$5.9351 
↓0.5% 
$3.31M
DASH 
$283.59 
↓1.9% 
$2.58M
ETC 
$34.794 
↓0.9% 
$2.22M
GRT 
$1.5178 
↓0.9% 
$2.17M
COMP 
$668.36 
↑3.2% 
$1.87M
BAT 
$1.1986 
↓0.31% 
$1.86M
KAVA 
$5.2107 
↑2.5% 
$1.81M
ZEC 
$232.38 
↓3.5% 
$1.79M
CRV 
$3.0954 
↑1.7% 
$1.75M
LSK 
$5.2785 
↓5.6% 
$1.75M
STORJ 
$1.9532 
↓4.9% 
$1.75M
BAL 
$62.119 
↑5.5% 
$1.52M
QTUM 
$14.389 
↑0.14% 
$1.51M
EWT 
$14.878 
↑1.4% 
$1.49M
SNX 
$17.710 
↑5.0% 
$1.46M
OMG 
$7.2666 
↓2.0% 
$1.46M
YFI 
$47948. 
↓0.3% 
$1.45M
KNC 
$3.2620 
↑4.5% 
$1.42M
OXT 
$0.6210 
↑0.4% 
$1.3M
ANT 
$9.5853 
↑3.1% 
$1.13M
MLN 
$105.97 
↓4.3% 
$930K
PAXG 
$1783.3 
↓0.6% 
$871K
REP 
$40.567 
↑0.19% 
$563K
GNO 
$220.24 
↑2.8% 
$438K
REPV2 
$37.504 
↓1.7% 
$221K
TBTC 
$55985. 
↓1.5% 
$27.7K

The post Kraken Daily Market Report for April 29 2021 appeared first on Kraken Blog.

Turkey Jails 6 People as Police Widen Search for Missing Cryptocurrency Exchange CEO Accused of Exit Scam

Turkey Jails 6 People as Police Widen Search for Missing Cryptocurrency Exchange CEO Accused of Exit ScamTurkey has now jailed six suspects connected to the cryptocurrency exchange Thodex, which has been accused of an exit scam. Turkish authorities and Interpol have widened their search for the exchange’s CEO, who fled the country before shutting down his trading platform, preventing customers from withdrawing their funds. Search Widens for CEO of Crypto Exchange […]