Monday, April 5, 2021

Mar 29 - Apr 5 Good Crypto Weekly Market Summary

Quick weekly news:

  • Filecoin Foundation donates $10M in FIL tokens to Internet Archive: Read more here.
  • Thai central bank to test retail baht digital currency next year: Read more here.
  • Bitcoin beats out final resistance as Ethereum returns to $2K: Read more here.

Other notable events include:

- Bitcoin Mining revenues hit record amount in March

- Coinbase Enters Esports

Bitcoin

Bitcoin miners claimed over $1.5 billion in Bitcoin block rewards and fees, according to a recent report from blockchain analytics company Arcane Research.

The final figure is roughly in line with projections from mid-March, when blockchain data firm Glassnode reported that miners were taking home $52.3 million per day. Revenue reached a record $64.7 million on March 14, the day after Bitcoin’s price peaked at its new all-time high of $61,683.

Coinbase

Coinbase has entered the world of esports with a pair of sponsorship deals, a partnership with tournament organizer BLAST and a teased alliance with team Evil Geniuses.

The deals represent Coinbase’s first steps into the surging world of competitive gaming, which has grown and professionalized in recent years.

Also, be sure to check out top altcoin gainers and losers of the week⬇️

https://preview.redd.it/qbkgsbsgbdr61.jpg?width=1200&format=pjpg&auto=webp&s=8751091fd23f207215de888323345db9b48f9da0


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