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Big Coinbase outflows show that some big players are scooping up Bitcoin on dips below $50,000.

Bitcoin rallies above $51,000 as the dollar stagnates, showing signs of a short-term top.

VeChain (VET) price is trading about 15% higher today as buyers look eager to extend the bull run.

XRP/USD picks up bids near $0.4350 while trying to reverse the previous day’s losses during early Wednesday. In doing so, the altcoin also stays indecisive after the two consecutive weeks of losses.

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On January 14, Ethereum price had a significant spike and started to outperform Bitcoin for the first time since July 2020. However, the trend didn’t last long and ETH started to fade away in February despite Bitcoin price also falling.

There were large announcements made recently by Goldman Sachs, whereas the banking giant will be launching the cryptocurrency trading desk as a part of the company’s Global Market Segment. Goldman Sachs will launch Bitcoin futures trading later this month.

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Square (NYSE:SQ) recently added $170 million in Bitcoin (CRYPTO:BTC) to its balance sheet, marking a big jump from its $50 million in Bitcoin purchases in the fourth quarter of 2020.

Episode 12 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Cryptex’s Joe Sticco and Preston Van Loon.

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Retail investors appear to have flooded the third-biggest cryptocurrency by market cap – Cardano’s ADA. Google searches have skyrocketed to new highs in the past few weeks, coinciding with the latest price record for the ADA token.

According to the findings of a joint Arcane Research and Bitstamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collateral asset.

Binance coin, the leading cryptocurrency exchange’s token, is looking to resume its uptrend.

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Payment protocol firm Ripple announced a pilot project that seeks to provide a “private version” of its XRP ledger for central banks that can use the technology to issue and manage digital currencies. The post stated that:

Chainlink Has Gained 5.37% in the Last 24 Hours and 17.30% on a 7-Day Basis To Trade Presently at $28.32

Norwegian firm, Hydro, has adopted the “Tag.Trace.Trust.” traceability blockchain solution co-developed by VeChain (VET) and DNV. Hydro aims to use the distributed ledger technology (DLT) solution to prove to its clients that its aluminum is produced in accordance with sustainable standards, according to a LedgerInsights report on March 3, 2021.