Market update Alt season or just time for alts? For the first time in awhile, market moves over the past week were not dominated by bitcoin. While the price of BTC did largely trade between $55k and $59k during the week, the real market movements belonged to ETH and other crypto assets. Ethereum: ETH hit an all time high. The price of ETH reached $2.1k this past week, and has stayed over the $1950 level since. Ethereum has had a tailwind of strong news over
Now you can Buy, Trade, Earn and Borrow in ONE Simple, Trusted App! What a week it’s been for Abra. Abra is now the most complete, easiest to use, trusted app for all your crypto needs. The launch of Abra Borrow is a huge milestone for the crypto industry. Now with Abra you can: Buy Bitcoin, Ethereum and Trade any of up to 125 crypto currencies Earn up to 10% interest on USD, Bitcoin, Ethereum, and other top crypto currencies NEW! Now Borrow USD against
I’m really excited to announce that today we have launched Abra Borrow for consumers and businesses — the next Abra service on the road to becoming a complete crypto bank. What this means is that Abra users never have to sell their crypto holdings but still have access to short term loans made in USD stablecoins. For consumers Abra Borrow is immediately available in over 50 countries and 35 US states. Rest assured, we’re making it a top priority to roll out Abra Borrow in
Topics this week: Bitcoins weekend Rally ETH and Alts are winding up! NFT Investing with Abra Market recap — Bitcoin’s weekend rally This past weekend, bitcoin hit a new all-time high reaching over $61,500. The move is another historic milestone — so far 2021 seems like a year of milestones for bitcoin. The price also briefly meant that bitcoin’s market cap hit $1.14 trillion, which means bitcoin is closing the gap with Google’s $1.385 market cap. Why is this happening? Basic supply and demand is
Topics this week: Market Moves (Biden’s Stimulus and Bitcoin) NFT’s on the Move Abra Product Updates Around the World (WAX and more NFT’s, Cardano, Ethereum, Doge!) Money Talks AMA Recap Market Moves Price action: Most of the top cryptocurrencies were up over the weekend. Some of this price movement is likely driven by the news that the US Senate approved (another) $1.9 trillion stimulus bill. Bitcoin (BTC +41% past month) is quickly becoming a hedge for today’s world of wacky monetary policy. Until the arrival