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Dogecoin

Shares Of Blockchain-Linked Firms Soar Amid Signs of New Life By Investing.com

by Miki 08/09/2021
by Miki 08/09/2021 0 comment
Shares Of Blockchain-Linked Firms Soar Amid Signs of New Life
© Reuters.

By Dhirendra Tripathi

Investing.com – Shares of blockchain and crypto-linked companies were big gainers Monday as prices of () and other digital currencies rose to their highest in more than two months.

Coinbase (NASDAQ:) was up 8.4%. Riot Blockchain (NASDAQ:) soared 10.4% and Marathon Digital (NASDAQ:) gained 5.3%.

MicroStrategy (NASDAQ:), one of the biggest Bitcoin investors among listed companies, rose 4%. According to a company note, MicroStrategy held approximately 105,085 Bitcoin as of June 30 at an aggregate cost of $2.7 billion. The most valued digital currency by market cap traded at a high of $36,089 that day.

Assuming the company has those coins still, they would be worth $4.83 billion at Bitcoin’s prevailing price of $45,993.

Bitcoin crossed the $46,000 mark today before touching the day’s high of $46,153 so far. It traded 4.4% higher at 1125 ET. Prices haven’t been this high since May 17. They have risen 42% in the last 30 days.

rose 4.4% to trade above the $3,100 mark. Dogecoin rose 3% and Polkadot 4.8%.

While governments look to launch their own digital currencies, recent trends suggest that the crypto world is able to stand on its own now and not be too moved by actions in China or Elon Musk’s tweets.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



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The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

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