DAILY CRYPTOCURRENCY NEWS ON 12TH APRIL 2022(10% to @tron-fan-club)
Hi guys,
Welcome to the news in cryptocurrency. To remind users, this is the 4th edition of the news on cryptocurrency and as such I will like to remind users what the news in cryptocurrency is all about.
I will be looking at the prices of the dominating cryptocurrencies.
I will look to give advice on crypto currencies that people can invest in a short term to make profits.
I will also be looking at some of the dominating news that is surrounding the world of cryptocurrency.
Finally there will be some editions of the publication where I will look to hand out prizes to steemians who will get the correct answer to questions I will ask in some of the publications.
Now let us move straight into the stories of the day.
After listing shib and other currencies, Robin Hood is reportedly giving away shiba inu.
source
Robinhood recently added the following cryptocurrencies to their exchange.
- Shiba Inu
- Solana
- Matic
- Comp
After listing these assets, Robinhood has decided to do a giveaway of the shib timen. This give away is worth 100k dollars shiba inu. In a tweet, on their official twitter account they announced they will be giving away shiba inu to its users.
All what users have to do is to reply the tweet with their robinhood account name. A user must be among the first 10 thousand users to retweet their tweet to stand a chance of winning. This means each user stands a chance of winning about 10 dollars worth of shib.
Shiba Inu makes a 30% spike as it is listed on Robin Hood.
source
Alongside other cryptos, shiba inu has been listed on the robin hood site and has since seen a 30% spike in price. This comes after the asset was seen to be falling but after it's listing, the hype seems to be coming around the token and we are seeing it rise upwards.
To keep the hype, the site has decided to do a give away of shib tokens worth an amount of 100k dollars to it's users.
A study has reportedly shown that about 35% of Nigerians are crypto currency investors
source
This news comes as no surprise to me as I have seen the number of Nigerians who are on the steemit platform. In the crypto academy, they have shown that they know what they are about by presenting their assignments accurately.
According to popular exchange kucoin, about 34 million Nigerians have something doing with cryptocurrencies.
Another study showed that as 35% are already involved, another 6% of the population are interested in cryptocurrencies.
According to Kevin O'Leary, bitcoin will never lose its value.
source
In an interview, which was granted by him, he stated that he believes BTC has gained the store of value name and that he believes the asset will never go to 0. As such he has 5% of all his earnings in BTC.
Apart from investing in BTC, he also believes in other cryptocurrencies hence having about 20% of his wealth in other coins too.
Prices of the top cryptocurrencies
For the past 24 hours, we have seen a dip in the prices of coins as the price of BTC continues to fall. Let us look at the prices of the top 10 cryptos according to coin market cap rankings.
Bitcoin(BTC) | $40,122.59 |
---|---|
Ethereum | $3,044.54 |
Binance coin | $413.19 |
Ripple | $0.7091 |
Solana | $105.03 |
Cardano | $0.9582 |
Terra Luna | $85.16 |
Avalanche | $77.13 |
Dogecoin | $0.1392 |
Polkadot | $17.69 |
The price of steem as at the time of writing this post is $0.3274
Note- I've skipped some of the coins in the top 10 as they are stable coins
Now the top coin to Invest in for me
I believe for a short term we should look t invest in the shib asset. The asset after its listing on robinhood has made a significant spike in price and I believe users should be looking at the asset.
In the last 24 hours it has made a 30% rise and with the current give away I believe it will be making more gains. With scalpers in mind, I believe there is still time to invest in the asset.
You have given a very good idea about digital currency. I always like the news like this. In this way we can know the currency prices. Thank you for sharing such a beautiful news with us all the time.
We should know the daily cryptocurrency news. This will create a better idea about the marketplace. Your post was very helpful bro.