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Lisk Cryptocurrency is currently on bearish momentum by 17.23% in the last 24 hours. At 10:02 EST on Saturday, 8 May, Lisk is at $8.66.

About Lisk’s daily highs and lows, it’s 0.93% up from its trailing 24 hours low of $8.58 and 20.4% down from its trailing 24 hours high of $10.88.

Currently, Lisk has 196023 Twitter followers and 32235 Reddit subscribers.

As of now, on Github, there are 462 forks, 2735 stars, and 224 subscribers.

Lisk’s last week, last month’s, and last quarter’s current volatility was 5.14%, 5.14%, and 5.14%, respectively.

Lisk’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 5.14% (last week), 5.14% (last month), and 5.14% (last quarter), respectively.

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "Goldman Sachs may next offer hedge fund clients exchange-traded notes based on Bitcoin or access to the Grayscale Bitcoin Trust, one of the people said.", "But client interest and Bitcoin’s astronomical price gains — reaching a high of almost $65,000 in April — have turned many bankers around, with Morgan Stanley making a Bitcoin trust product available to its customers and JPMorgan working on a similar offering."

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Still, gross profit from those Bitcoin transactions was just $75 million, reflecting the fees that Square collects.", "Square Inc.’s quarterly sales more than tripled, surpassing analysts’ estimates, driven by skyrocketing Bitcoin purchases through the company’s Cash App."

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Cryptocurrencies are becoming mainstream as we talk. The S&P Dow Jones Indices has launched new benchmarks for both Bitcoin (BTC) and Ethereum (ETH). The new crypto indices are called S&P Digital Market Indices and they will report price data about the two largest cryptocurrencies in the world. 

Larger investors will now have more accurate data provided by the S&P through different cryptocurrency indices. These indices will report the price of Bitcoin and the price of Ethereum.

However, there will also be a third option for those users that want to follow the performance of both digital assets at the same time. This option is called Cryptocurrency MegaCap Index. 

In order to share valuable data, the pricing information will be taken from the cryptocurrency data provider Lukka. However, there are many other providers in the market that could be checked by users. 

In the future, S&P informed that it will be adding new virtual currencies to the indices. This would make it easier for larger investors to get access to valuable data and have a better idea of how cryptocurrencies operate. 

The decision to launch these indices comes at a time in which the entire cryptocurrency market is reaching new highs in terms of market valuation. At the same time, Bitcoin continues moving higher as we speak. The largest virtual currency in the world has recently hit an all-time high above $63,000 and its price could continue moving higher in the future. 

Institutional investors are also entering the crypto market. Companies such as Tesla, MassMutual, MicroStrategy or Square are purchasing Bitcoin. Most of them claim that this could be an insurance policy against fiat currencies. With the new S&P Indices, institutions will have more accurate and curated price data from the entire crypto market. 

Peter Roffman, Global Head of Innovation and Strategy at S&P Dow Jones Indices stated :

“As cryptocurrency becomes more mainstream, investors now have access to reliable and transparent benchmarks backed by institutional quality pricing data. We look forward to further expanding our new family of Digital Market Indices and bringing much needed transparency to this exciting market.”

It is worth taking into consideration that the S&P Dow Jones Indices launched customized crypto indexing solutions in 2020. In this way, they are adding new products and services to their crypto line. Furthermore, they have also launched a series of risk-managed custom crypto indices. 

These further suggest the head of the financial watchdog could tighten its grip on the crypto market.

Dark clouds hover above the cryptoverse as the leader of the world’s most powerful investments regulatory agency affirmed most crypto assets as securities.

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC) in his most recent appearance on CNBC’s Squawk Box, opined that “many” crypto-assets were securities, meaning many of these assets required regulatory oversights and exchanges trading such crypto assets require at least a form of SEC regulation.

— Squawk Box (@SquawkCNBC) May 7, 2021

In his words:

“The extent that something is a security, the SEC has a lot of authority. And a lot of crypto tokens—I won’t call them cryptocurrencies for this moment—are indeed securities.”

READ: Billions of dollars lost in the Crypto market, over 296,000 get liquidated

An asset is considered a financial security asset if it is a tradable financial asset and thus has monetary value.

What Gensler said suggests that the financial assets watchdog could tighten its grip on the crypto market. Recall that SEC is already battling with Ripple and calling XRP a security asset.

However, Gary Gensler described the flagship crypto asset as a store of value but with a very volatile characteristic and not a security.

It’s important to understand why the regulator doesn’t classify Bitcoin as a security. It is based on the fact that its existence began through mining as an incentive in validating a distributed platform. There are no pre-mined coins, no initial token offering, and no kind of business entity governing it.

READ: SEC plans to monitor foreign stock brokers in Nigeria

A few months ago, Nigeria’s Securities and Exchange Commission released guidelines referring to cryptoassets as securities, except proven otherwise.

That being said, recent price actions reveal the bullish trend in the crypto market is still very much in play despite regulatory fears surrounding the crypto market as its market value now stands at $2.42 trillion, posting a 2.47% increase over the last day.

Olumide Adesina is a France-born Nigerian. He is a Certified Investment Trader, with more than 15 years of working expertise in Investment trading. Message Olumide on Twitter @tokunboadesina. He is a Member of the Chartered Financial Analyst Society.

Ether traded at $4,115.72 with a daily trading volume of $53.5 billion.

Ether, the world’s most popular utility crypto broke above $4,000 in the early hours of Monday and keeps soaring high after passing the all-important resistance level on many crypto exchanges’ barrier including the FTX exchange.

Such a milestone comes barely a week after it breached above the $3,000 price level.

At the time of writing this report, Ether traded at $4,115.72 with a daily trading volume of $53.5 billion. Ethereum is up 3.85% for the day and is presently the second most valuable crypto asset by the market value of $476.7 billion.

Crypto pundits argue that the leading altcoin has attracted a new wave of institutional investors in credence to its recent approval of 3 Ethereum exchange-traded funds (ETFs) in North America.

Adding credence to Ethereum’s record buying pressures is data retrieved from Glassnode, an advanced crypto analytic firm, revealing the Number of Addresses Holding 0.01+ Coins just reached an all-time high of 14,969,657.

A previous all-time high of 14,966,780 was observed on 9th May 2021.

Previous ATH of 14,966,780 was observed on 09 May 2021

View metric:https://t.co/XXb0u19ouH pic.twitter.com/EkI6S9FuYN

— glassnode alerts (@glassnodealerts) May 10, 2021

The rising use of non-fungible tokens to validate the ownership of digital assets is notably purchased and used on Ethereum, thereby attracting more apps and contracts.

Ethereum is a cryptocurrency designed for decentralized applications and deployment of smart contracts, which are created and operated without any fraud, interruption, control or interference from a third party.

The rise of many DeFi crypto assets that thrive on the Ethereum Blockchain has added more buying pressures from investors globally with YAM, UniSwap, Chainlink, Compound, Cream finance, and Melon seeing record cash inflows.

Investors are getting more attracted more to DeFi because they can receive higher interest rates when compared to what is gotten in traditional finance, on the basis that lower operating costs are enabled when operating on an automated decentralized network.

Just recently it upgraded to Ethereum 2.0, which is seen by many crypto enthusiasts as the game-changer in reforming the distributed system, after some years of research and coordinated effort by top developers around the world.

Recent price actions reveal $DOGE lost as much as 25%, dropping as low as $.50 amid record selling pressures.

The fast-rising crypto asset, Dogecoin suffered record losses in the early hours of Sunday despite Elon Musk’s debut on the long-awaited Saturday Night Live which surprisingly led to a violent dump.

At the time of drafting this report the dog meme coin traded at $0.564505 on the FTX Exchange with a daily trading volume of $31 billion. Dogecoin is down 21.34% for the day.

The largest single liquidation order happened on Binance-DOGE value $12.07 million as over $270 million positions in the Dogecoin assets vanished into thin air.

READ: Dogecoin up 168%, more valuable than Polkadot, Cardano

READ: Altcoin season? Ether, ADA, Doge and others hit all-time highs

Supporters of the fast-growing crypto were earlier hopeful that Elon Musk might offer some strong bullish bias in favour of Dogecoin but that was not to be. Although the Tesla CEO has, many times via social media, stated that Dogecoin remained his favourite crypto, he recently warned fans to invest in the asset with great caution.

Crypto pundits have often frowned at the inflationary properties of Dogecoin considering that it is printed every minute of every day, giving it a potentially infinite supply. The implication of this is that the crypto asset’s unlimited supply could, over time,  impact negatively on its price.

NEO Cryptocurrency is currently on bullish momentum by 100.99% in the last 30 days. At 22:05 EST on Friday, 7 May, NEO is at $120.55.

Concerning NEO’s daily highs and lows, it’s 102.47% up from its trailing 30 days low of $59.54 and 13.58% down from its trailing 30 days high of $139.49.

Currently, NEO has 389785 Twitter followers and 110344 Reddit subscribers.

As of now, on Github, there are 940 forks, 3238 stars, and 390 subscribers.

NEO’s last week, last month’s, and last quarter’s current volatility was 58.06%, 58.06%, and 58.06%, respectively.

NEO’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 58.06% (last week), 58.06% (last month), and 58.06% (last quarter), respectively.

Bridgewater CFO dalby leaving for Bitcoin services firm. According to Bloomberg Quint on Friday, 7 May, "John Dalby, chief financial officer at Bridgewater Associates, is leaving to join Bitcoin financial services firm NYDIG.", "This week, Goldman Sachs Group Inc. said it will offer new Bitcoin derivatives to Wall Street investors."

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "Goldman Sachs may next offer hedge fund clients exchange-traded notes based on Bitcoin or access to the Grayscale Bitcoin Trust, one of the people said.", "Goldman Sachs Group Inc. is wading deeper into the $1 trillion Bitcoin market, offering Wall Street investors a way to place big bets."

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry.", "But there are some areas, particularly Bitcoin trading on large exchanges, that the public is not currently really protected."

More news about NEO.

Stellar Cryptocurrency is currently on bullish momentum by 39.45% in the last 14 days. At 21:25 EST on Friday, 7 May, Stellar is at $0.63.

Concerning Stellar’s daily highs and lows, it’s 53.78% up from its trailing 14 days low of $0.41 and 7.28% down from its trailing 14 days high of $0.68.

Currently, Stellar has 530603 Twitter followers and 180365 Reddit subscribers.

As of now, on Github, there are 880 forks, 2697 stars, and 276 subscribers.

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "But there are some areas, particularly Bitcoin trading on large exchanges, that the public is not currently really protected.", "Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry."

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "Goldman Sachs may next offer hedge fund clients exchange-traded notes based on Bitcoin or access to the Grayscale Bitcoin Trust, one of the people said.", "For years after its creation in 2009, Bitcoin was shunned by Wall Street banks, with JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon once threatening to fire any of his traders caught buying and selling the digital currency. "

Bridgewater CFO dalby leaving for Bitcoin services firm. According to Bloomberg Quint on Friday, 7 May, "John Dalby, chief financial officer at Bridgewater Associates, is leaving to join Bitcoin financial services firm NYDIG.", "This week, Goldman Sachs Group Inc. said it will offer new Bitcoin derivatives to Wall Street investors."

More news about Stellar.

Polygon Cryptocurrency is currently on bullish momentum by 121.69% in the last 30 days. At 01:05 EST on Saturday, 8 May, Polygon is at $0.75.

About Polygon’s daily highs and lows, it’s 151.06% up from its trailing 30 days low of $0.30 and 19.01% down from its trailing 30 days high of $0.93.

Currently, Polygon has 248759 Twitter followers and 19027 Reddit subscribers.

As of now, on Github, there are 74 forks, 171 stars, and 29 subscribers.

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Surging purchases of Bitcoin have been a major boon for the company over the past year as more consumers have flocked to the cryptocurrency. ", "Revenue from Bitcoin sales — which includes the total value of Bitcoin purchases on its Cash App — climbed more than elevenfold to $3.51 billion, up from $306 million a year earlier, the company said Thursday in a shareholder letter. "

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "For years after its creation in 2009, Bitcoin was shunned by Wall Street banks, with JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon once threatening to fire any of his traders caught buying and selling the digital currency. ", "Goldman Sachs Group Inc. is wading deeper into the $1 trillion Bitcoin market, offering Wall Street investors a way to place big bets."

More news about Polygon.

Pundi X [OLD] Cryptocurrency is currently on bullish momentum by 12.17% in the last 6 hours. At 23:05 EST on Friday, 7 May, Pundi X [OLD] is at $0.00.

Currently, Pundi X [OLD] has 146282 Twitter followers and 21071 Reddit subscribers.

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers.", "The SEC has signaled that Bitcoin is a commodity under U.S. law and therefore not subject to the agency’s toughest rules."

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Still, gross profit from those Bitcoin transactions was just $75 million, reflecting the fees that Square collects.", "Chief Executive Officer Jack Dorsey, who also runs social network Twitter Inc., is a vocal Bitcoin proponent, and has praised the idea of an unregulated, global cryptocurrency. "

Bridgewater CFO dalby leaving for Bitcoin services firm. According to Bloomberg Quint on Friday, 7 May, "This week, Goldman Sachs Group Inc. said it will offer new Bitcoin derivatives to Wall Street investors.", "John Dalby, chief financial officer at Bridgewater Associates, is leaving to join Bitcoin financial services firm NYDIG."

More news about Pundi X [OLD].

Raydium Cryptocurrency is currently on bullish momentum by 12.59% in the last 6 hours. At 13:14 EST on Saturday, 8 May, Raydium is at $14.84.

Currently, Raydium has 49350 Twitter followers.

Raydium’s last week, last month’s, and last quarter’s current volatility was 9.11%, 9.11%, and 9.11%, respectively.

Raydium’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 9.11% (last week), 9.11% (last month), and 9.11% (last quarter), respectively.

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers.", "Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry."

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Still, gross profit from those Bitcoin transactions was just $75 million, reflecting the fees that Square collects.", "Revenue from Bitcoin sales — which includes the total value of Bitcoin purchases on its Cash App — climbed more than elevenfold to $3.51 billion, up from $306 million a year earlier, the company said Thursday in a shareholder letter. "

Bridgewater CFO dalby leaving for Bitcoin services firm. According to Bloomberg Quint on Friday, 7 May, "This week, Goldman Sachs Group Inc. said it will offer new Bitcoin derivatives to Wall Street investors.", "John Dalby, chief financial officer at Bridgewater Associates, is leaving to join Bitcoin financial services firm NYDIG."

More news about Raydium.

Dash Cryptocurrency is currently on bullish momentum by 19.01% in the last 24 hours. At 21:49 EST on Thursday, 6 May, Dash is at $463.22.

Currently, Dash has 40193 Reddit subscribers.

As of now, on Github, there are 1085 forks, 1372 stars, and 219 subscribers.

Dash’s last week, last month’s, and last quarter’s current volatility was 269.52%, 269.52%, and 269.52%, respectively.

Dash’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 269.52% (last week), 269.52% (last month), and 269.52% (last quarter), respectively.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Dash’s crypto is considered to be oversold (<=20).

According to Bloomberg Quint on Wednesday, 5 May, "Other so-called altcoins surged, with Dash spiking 18% over a 24-hour period through the European morning on Wednesday and Ethereum Classic rising almost 45%."

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers.", "Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry."

S&amp;p dow jones brings Bitcoin, ethereum to wall st with cryptocurrency indexes. According to FX Empire on Tuesday, 4 May, "The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them."

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "The firm then protects itself from the digital currency’s famous volatility by buying and selling Bitcoin futures in block trades on CME Group Inc., using Cumberland DRW as its trading partner. ", "While Dimon later softened his tone, the banking world has long seen Bitcoin as a plaything for criminals, drug dealers and money launderers."

More news about Dash.

Ark Cryptocurrency is currently on bullish momentum by 18.36% in the last 6 hours. At 06:56 EST on Friday, 7 May, Ark is at $2.45.

Currently, Ark has 72184 Twitter followers and 22922 Reddit subscribers.

As of now, on Github, there are 299 forks, 293 stars, and 36 subscribers.

Ark’s last week, last month’s, and last quarter’s current volatility was 3.10%, 3.10%, and 3.10%, respectively.

Ark’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.10% (last week), 3.10% (last month), and 3.10% (last quarter), respectively.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ark’s crypto is considered to be oversold (<=20).

Cathie wood’s ark battered by selloff, worst run of outflows. According to Bloomberg Quint on Wednesday, 5 May, "My real fear, though, is that the high growth areas represented by the Ark funds and many similar funds are in danger of breaking down and potentially creating waterfall-type declines," said Andrew Adams at Saut Strategy. "

According to CNBC on Thursday, 6 May, "The Ark Autonomous Technology and Robotics ETF is Wood’s only funds in the green for the year."

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "The SEC has signaled that Bitcoin is a commodity under U.S. law and therefore not subject to the agency’s toughest rules.", "Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry."

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Surging purchases of Bitcoin have been a major boon for the company over the past year as more consumers have flocked to the cryptocurrency. ", "Revenue from Bitcoin sales — which includes the total value of Bitcoin purchases on its Cash App — climbed more than elevenfold to $3.51 billion, up from $306 million a year earlier, the company said Thursday in a shareholder letter. "

More news about Ark.

Chromia Cryptocurrency is currently on bullish momentum by 44.44% in the last 14 days. At 03:03 EST on Friday, 7 May, Chromia is at $0.35.

About Chromia’s daily highs and lows, it’s 83.11% up from its trailing 14 days low of $0.19 and 24.37% down from its trailing 14 days high of $0.46.

Currently, Chromia has 57238 Twitter followers.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Chromia’s crypto is considered to be overbought (>=80).

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers.", "Gensler didn’t weigh in on whether the SEC intends to approve a Bitcoin exchange-traded fund, something the cryptocurrency market is desperate for and is one of the most consequential issues for the industry."

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Square Inc.’s quarterly sales more than tripled, surpassing analysts’ estimates, driven by skyrocketing Bitcoin purchases through the company’s Cash App.", "Still, gross profit from those Bitcoin transactions was just $75 million, reflecting the fees that Square collects."

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "Goldman Sachs may next offer hedge fund clients exchange-traded notes based on Bitcoin or access to the Grayscale Bitcoin Trust, one of the people said.", "While Dimon later softened his tone, the banking world has long seen Bitcoin as a plaything for criminals, drug dealers and money launderers."

More news about Chromia.

Bitcoin trading and custody services provider NYDIG has hired John Dalby, CFO of Bridgewater Associates, the world's largest hedge fund, as its CFO.

Dalby has joined NYDIG as the firm is experiencing rapid growth. NYDIG recently raised more than $300 million from a group of strategic partners, including Morgan Stanley, New York Life, and MassMutual. The firm also recently launched a global Insurance Solutions practice to create bitcoin-powered products and services for the global insurance industry.

"The growth of NYDIG has been incredible," said Dalby. "Every day, more industries come to understand Bitcoin's potential and more clients seek ways to safely access it. Personally, I share NYDIG's vision for Bitcoin's ability to propel economic empowerment for all. I eagerly look forward to doing my part to help NYDIG deliver innovative Bitcoin solutions to institutions and individuals."

Earlier this week, NYDIG also partnered with fintech firm FIS, a Fortune 500 company, to let banks offer bitcoin capabilities to their customers. NYDIG president Yan Zhao recently told The Block that the firm is well-positioned to make institutional investors comfortable with investing in bitcoin.

As for Bridgewater Associates, the firm is yet to move into the crypto market. Earlier this year, Bridgewater's director of investment research, Rebecca Patterson,‎ said the firm could invest in bitcoin if its volatility reduces, liquidity increases, and when there is regulatory certainty.