E Amazings
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

The Best Online Savings Accounts of 2020

July 6, 2022

Rupee rises 3 paise to close at 79.30 against US dollar

July 6, 2022

SBI Defence Salary Package (DSP) Scheme – Important update for serving and retired Air Force Personnel and their families

July 6, 2022
Facebook Twitter Instagram
E Amazings
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
Facebook Twitter Instagram
E Amazings
You are at:Home»Crypto»Tezos at Monthly High on USDT News (Market Watch)
Crypto

Tezos at Monthly High on USDT News (Market Watch)

Paul EasterBy Paul EasterJune 10, 2022No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter Pinterest WhatsApp Email


Bitcoin continues to struggle to maintain the $30,000 level and dipped below it a few hours ago. Most altcoins are slightly in the red today. XTZ is among the few exceptions following a major announcement from the company behind the largest stablecoin – Tether.

Will Bitcoin Sustain Above $30K?

This week started with a wild ride that firstly took bitcoin from below $30,000 to a multi-day high of just under $32,000. The bears reminded of their presence hours later and pushed BTC south again to $29,200.

However, the volatility was not over as the asset spiked above $31,000 once again. Nevertheless, it failed there and retraced to a familiar ground of around $30,000.

In the past 24 hours, bitcoin even slipped below that level to $29,500 (on Bitstamp). Now, though, the cryptocurrency stands at $30,000, but its market cap is down to $570 billion, while the dominance is at 46.4%.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Notable 24-hour BTC News

The prominent BTC proponent – Jack Dorsey – and the legendary hip hop artist – Jay-Z – partnered once again to launch a bitcoin educational program for residents of Marcy Houses in Brooklyn, New York.

Despite the price struggles, bitcoin’s network continues to become more and more robust. This is evident from the growing hash rate, which registered a new all-time high.

The host of CNBC’s Mad Money – Jim Cramer – gave his reasons why he believes BTC and ETH are the right investment bets.

XTZ Sees Monthly High

The landscape among most alternative coins is rather negative, with Cardano leading the race (-4% on the day). ADA was the most significant gainer from the larger-cap alts lately but has declined to $0.62 as of now.

Ethereum has slipped below $1,800 following a minor retracement. Dogecoin, TRX, Avalanche, and Shiba Inu are also slightly in the red, while BNB, XRP, and DOT are with small increases.

Solana has jumped the most from the top 10 cryptocurrencies and has reclaimed $40.

Upon news that Tether will launch on Tezos, XTZ jumped from $2 to almost $2.4, which became a monthly high. The asset has retraced slightly now, but it’s still in the green on a daily scale.

The crypto market cap has remained sluggish and is just above $1.2 trillion.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Source: Quantify Crypto
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Paul Easter

Related Posts

Virginia Retirement Systems Invest in VanEck’s Crypto Lending Fund

By Paul EasterJuly 6, 2022

Ethereum’s Sepolia Testnet Undergoes Merge Upgrade

By Paul EasterJuly 6, 2022

Kakao-Backed Uprise Loses $20 Million Shorting LUNA During May Crash

By Paul EasterJuly 6, 2022

3 Things You Need to Know About Shiba Inu’s New Tokens

By Paul EasterJuly 6, 2022
Add A Comment

Comments are closed.

Our Picks

The Best Online Savings Accounts of 2020

By Paul EasterJuly 6, 2022

Rupee rises 3 paise to close at 79.30 against US dollar

By Paul EasterJuly 6, 2022

SBI Defence Salary Package (DSP) Scheme – Important update for serving and retired Air Force Personnel and their families

By Paul EasterJuly 6, 2022
Recent Posts
  • The Best Online Savings Accounts of 2020 July 6, 2022
  • Rupee rises 3 paise to close at 79.30 against US dollar July 6, 2022
  • SBI Defence Salary Package (DSP) Scheme – Important update for serving and retired Air Force Personnel and their families July 6, 2022
  • Virginia Retirement Systems Invest in VanEck’s Crypto Lending Fund July 6, 2022
  • How To Buy a Car in 2020 ( & get the best deal possible) July 6, 2022
  • Bharatpe loan disbursal doubles to Rs 3,600 cr in April-June on quarterly basis July 6, 2022
  • GGWave Sings The Songs Of Your Data July 6, 2022
Archives
  • July 2022
  • June 2022
Facebook Twitter Instagram Pinterest TikTok
  • Home
© 2022 E Amazings - All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.