Cryptocurrency Market News Digest
03.05.2021–09.05.2021

Symblox
Symblox
Published in
1 min readMay 10, 2021

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We’re continuing our tradition: every week Symblox will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 03 through 09 of May.

At this very moment, the total value locked (TVL) in DeFi is at a new all-time high just shy of $80B.

PayPal has held exploratory talks about launching a stablecoin.

The price of the second-largest cryptocurrency reached its new all-time high at $3900. The market is all green, and this is good news for all cryptocurrency holders!

Dogecoin (DOGE) to reach $1, said Mark Cuban during an online panel at Ethereal Virtual Summit

Elon Musk has reminded his followers of the risks of investing into digital assets and urged investors to exercise caution

Turkey compels cryptocurrency exchanges to report transactions worth over $1200.

Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

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Symblox
Symblox

Symblox is a decentralized synthetic asset issuance and trading protocol on the blockchain. https://symblox.io