Crypto Morning News - May 6th, 2021

Today's Fear & Greed Index is 65, and the level is changed from neutral to greedy

Today's Fear & Greed Index is 65 (yesterday's 48). The level of greed has risen sharply from yesterday, and the level has changed from neutral to greedy. It is reported that the Fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin in the entire market Proportion (10%) + Google Hot Word Analysis (10%).

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Justin Sun: TRON will be the first DeFi blockchain protocol to support Dogecoin

According to the latest news, Justin Sun, the founder of TRON and CEO of BitTorrent, tweeted today, “#TRON will become the first #Defi blockchain protocol to support #dogecoin. You can deposit$trade Dogecoin with #USDT and earn interest on http: //justswap.org & http://justlend.org. Doge on #TRX swap will be supported by @Poloniex. ”
TRON takes the promotion of Internet decentralization as its mission and is committed to building infrastructure for the decentralized Internet. Its TRON protocol is one of the world's largest blockchain-based decentralized application operating system protocols. It provides high-throughput, high-scalability, and high-reliability underlying public chain support for the operation of decentralized applications on the protocol. TRON also provides better compatibility for Ethereum smart contracts through an innovative pluggable smart contract platform.

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Tether has printed a total of 12.7 billion USDT in the past 30 days

Data shows that in the past 30 days, Tether has printed a total of 12.7 billion USDT and issued 12.447 billion USDT in total.

KFC in Canada denies accepting Dogecoin payments

KFC Canada branch replied to a netizen asking whether it accepts Dogecoin payment, saying that it accepts cash, cards and Dogecoin payment. But then he denied it, saying only that "Dogecoin is on the KFC bucket list." It is reported that as early as January 2018, KFC Canada began to promote the "Bitcoin Bucket", which can be purchased through BitPay using BTC. But it was just a marketing gimmick at the time.

Data: Ethereum 2.0 contract pledge adds 74,700 ETH

According to data from OKLink, the Ethereum 2.0 deposit contract address has received 4,276,600 ETH at 10:00 am, and 74720 ETH has been added in the past 24 hours. During the same period, the number of active addresses on the Ethereum 24h chain exceeded 826,100, an increase of 0.83% from the previous month. The transaction volume on the chain was nearly 3.6328 million ETH, a decrease of 24.93% from the previous month. The current recommended gas price is 59.25Gwei, an increase of 2.26% from the previous month.

PayPal Q1 revenue fell slightly to $5.62 billion, part of its revenue comes from cryptocurrency services

According to CoinDesk, in the first quarter of 2021, PayPal's transaction revenue dropped slightly from $5.68 billion in the fourth quarter to $5.62 billion. PayPal's transaction revenue increased by 33% year-on-year, higher than the $4.22 billion in the first quarter of 2020. Part of this revenue comes from its cryptocurrency buying, selling and holding services. In addition, PayPal added 14.5 million active accounts, down from 16 million in the previous quarter. It is worth mentioning that the company's total payment volume does not include crypto payments.
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Latin American e-commerce giant has bought $7.8 million in Bitcoin

According to a CoinDesk report on May 6th, Latin American e-commerce giant MercadoLibre disclosed a $7.8 million bitcoin transaction on Wednesday, becoming the latest listed company to use bitcoin on its balance sheet. The company said the acquisition occurred in the last quarter and is part of its financial strategy. MercadoLibre is traded as MELI on Nasdaq. It is reported that MercadoLibre began accepting Bitcoin to purchase real estate from the end of April. Its MercadoPago payment platform integrated Bitcoin in 2015.

The market value of Ethereum exceeded $400 billion, surpassing Walmart

According to AssetDash data, the market value of Ethereum has exceeded $400 billion and is currently about $404.973 billion. It ranks 17th in global assets, surpassing Wal-Mart and approaching Samsung.

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NFT social platform Showtime completes $7.6 million in financing, Paradigm participates in the investment

According to CoinDesk, the NFT social platform Showtime completed $7.6 million in financing, with the participation of crypto investment company Paradigm and the pioneer of DJ and NFT 3LAU.

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Dogecoin co-founder launches Dogecoin card NFT on Foundation

Dogecoin co-founder Billy Marcus tweeted that the first version of the Dogecoin card NFT has been auctioned. It is understood that Marcus and his friend Laura Shigihara worked together to cast these cards NFT on the NFT platform Foundation. According to the official website, there are 8 auction cards, the most expensive one is called "The Billionaire Doge" and the transaction price is 24.70 ETH.

Coinbase plans to close its San Francisco headquarters in 2022

Coinbase officially announced that it will no longer establish its headquarters and will close the former San Francisco headquarters in 2022. "We closed the San Francisco office to ensure that no place is more important than another, which means that the outcome of a career is based on ability and output, not location," the company said. "We will provide a smaller office network for employees to choose from (if they wish)."

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MARKET DATA - TOP 10 [ from CoinMarketCap ]

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