| DOGE makes TOP 5 by Market Cap If you cannot see the email below, please click here to see the web version. Dear FreeBitco.in User, You are receiving this email because you are an active user at FreeBitco.in. Your User ID 4327909 was last active on 2021-01-06.  LAST WEEK IN CRYPTO Hello FreeBitco.in Users! It has been a massive week for crypto with surprising new developments, milestones being reached, and innovations being made. Let's take a look at what happened Last Week in Crypto. ➤ Coinbase Listing Triggers Bitcoin to All-Time High Bitcoin Touches $64,890 Amid Coinbase Listing BTC | BITCOIN $56557.36 +0.60%  As Coinbase made history by being the first crypto-exchange to go public, investor demand for all things crypto surged, pushing Bitcoin to a new all-time high at $64,890. Coinbase's listing is seen as crypto long-anticipated push into the mainstream which would expose the industry to a plethora of potential buyers and investors. The crypto space is currently valued at $2 trillion as it enjoys its biggest bull run since 2017 and we could see that figure rise even higher. FUN Token Price Analysis  FUN | FUN Token $0.044250 +1.43% The FUN Token has just shown signs of reversal at a major support. On the daily chart, there's a clear uptrend, with the price taking support on the trend line for the last 4 months. Furthermore, the price touched the 78.6% Fibonacci Retracement of the rally from $0.033 to $0.068. A confluence of supports could signal another uptick for the token. At the time of writing, FUN Token trades at $0.043. The next resistance lies at $0.047 while the next support lies at the 50MA, at $0.038. A move above $0.048 may see buyers coming in with substantial volume. Adriaan Brink, CEO of FUN Token, recently announced an AMA to be held on Thursday, 22nd April, at 2 PM BST on their official Telegram channel. That could be the push FUN Token needs to break the resistance. Altcoins Soar With New Upgrades and Developments  ETH | Ethereum $2,398 +1.14% DOGE | Dogecoin $0.276383 -5.39% ZEC | Zcash $276.81 +13.27% On 15th April, ETH reached yet another all-time high at $2,540. As investors worry whether Ether could be overbought, experts believe ETH could go as high as $5,000 in the next few weeks. While its Market Value (MV) lies at $2,400 at the time of writing, its Realized Value (RV) is at $802. This leaves the MVRV Ratio at 2.99. The last bull run saw this ratio reach 6, which means ETH still has significant upside potential. Meanwhile, there's no stopping DOGE as the memecoin surpassed Uniswap and Litecoin to be ranked 8th by market cap this week. At one point, it even passed DOT, ADA, and USDT. At the time of writing, DOGE trades at $0.28. Significant protocol upgrades and developments have contributed to the rise of several altcoins. Last week, Zcash (ZEC) announced a set of upgrades termed the Halo Arc in conjunction with the activation of the Network Upgrade 5 (NU5) and unified addresses. These upgrades seek to improve usability and interoperability. This helped push ZEC to $294 last week. EOS is up by 245% in 2021 as protocol upgrades fuel significant interest. One of those upgrades is the integration of the new EOS PowerUp Model which improves resource allocation on the blockchain. Block.one, the team behind EOS, also announced a new testnet called EOSIO in April while Google Cloud posted an article discussing its collaboration with EOSIO. On April 16th, EOS reached a two-year high at $8.8. XRP Hits $1.96 in Light of Favorable Court Rulings  Another legal victory pushed XRP to a three-year high last week. In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, alleging that its sale of XRP was an unregistered securities offering worth over US$1.38 billion. On Friday, U.S. Magistrate Judge Sarah Netburn struck down a subpoena from SEC demanding up to eight years of personal financial information of Chris Larsen, Ripple's co-founder and executive chairman, and Brad Garlinghouse, Ripple's chief executive officer. This ruling sparked positive interest in XRP, propelling it to $1.96. Crypto News Weekly Roundup Turkey Bans Cryptocurrency Payments  The Turkish Central Bank banned the use of cryptocurrency as a payment method from April 30. A lack of regulation, supervision mechanisms or central regulatory authority, combined with the potential for criminal activity and the high volatility of their market value, mean digital tokens entail ''significant risks,'' said a statement on the central bank's website. The ban also prohibits companies that handle fund transfers from facilitating transactions involving crypto platforms. The Coinbase App Surpasses TikTok on the App Store The current bull run is making waves all around the world and nothing signifies that more than a crypto app surpassing one of the biggest social media platforms in the world. In the last week, the Coinbase rose to 2nd on Apple's App Store, one spot above TikTok in third. The top spot is occupied by Robinhood, another trading platform. Societe Generale Issues Security Token on the Tezos Blockchain  Societe Generale, one of Europe's largest investment banks, issued a security token on the Tezos blockchain. This is the first tokenized asset offered by the institution. According to the bank, the security token offering is significant milestone in its efforts to begin full-spectrum cryptocurrency market operations by 2022.
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Is it the beginning of the Altcoin Season?
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