DOGE Posts Healthy 24-Hour Gains 💪

Fri. May 14, 2021 Market Activity Total Market Cap $2.30T (+1.32%) 24 Hour Volume $277.29B (-9.57%) Notable Movers Arweave [(AR)]( Bitcoin Dominance 40.9% (-0.9%) Bitcoin Price $50,199.91 (-0.14%) [SPONSORED BY]( Banking on Crypto: Earn, Borrow & Exchange with Nexo.io - Earn up to 12% Interest on Crypto, Stablecoins & Fiat - Borrow at just 5.9% APR - Exchange Instantly 75+ Crypto & Fiat Pairs [Get started at nexo.io]( [Crypto.com]( Today’s Top Stories 📰 PLENTY more news over at our shiny, new aggregation service… [Headlines]( Warnings Overshadow Coinbase Results 🚨 Coinbase posted bumper profits of $770 million in Q1, but clouds may be on the horizon. The exchange has warned shareholders that "challenges" lie ahead as rival platforms enter the space, supporting cryptocurrencies that it doesn’t. Indeed, one analyst believes that COIN’s share price could tumble by 65%, claiming the stock is overvalued. [Our top story.]( DOGE Up 20% as Crypto Markets Falter 🚀 Crypto investors have been greeted with a sea of red, but Dogecoin is bucking the trend once again. The joke coin has surged 20% on the back of two pieces of good news. Elon Musk has revealed he is currently working with DOGE’s developers to improve system transaction efficiency, while Coinbase says it plans to list the coin within the next eight weeks. [The latest](. Tether Releases Breakdown of Reserves 💰 Tether has released a breakdown showing how its reserves are managed for the first time ever. It shows 75.8% of funds are held in cash and cash equivalents. Secured loans account for 12.5%, while 10% is devoted to corporate bonds, funds and precious metals. About 1.6% is earmarked for other investments including Bitcoin. [Find out why this matters](. ‘85%’ of Novogratz’s Net Worth is in Crypto 😱 Galaxy Digital’s Mike Novogratz has told New York magazine that 85% of his net worth is in crypto. During the interview, he described this year’s bull run as a "once-in-a-generation move" that won’t be repeated. Given how Bloomberg estimates he’s worth over $6 billion, this suggests that the value of his crypto holdings is worth $5 billion. [Read the interview.]( Crypto Is Hiring 💼 engineer]( at Bitcoin Meester - Bitladon - Amsterdam [CTO/Blockchain platforms developer]( at BFRI Capital - Singapore, Vietnam [Content Writer]( at CryptoWallet [Lead Solidity Developer]( at Giveth [UI/UX Design Lead]( at Merlin [Communications Manager]( at Merlin [Experienced Solidity Developer]( at Decent Labs Thanks for reading! Have a great day — more news tomorrow! 👋 [Go to CoinMarketCap.com]( [Facebook]( [Twitter]( [Instagram]( [Telegram]( © 2021 CoinMarketCap [Update Settings]( | [Unsubscribe]( [coinmarketcap.com]( CoinMarketCap OpCo LLC, 8 The Green, STE 6703, Dover, Delaware 19901, United States