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Weekend Roundup: BTC at $60,000, Was Roll Hacked?

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This weekend roundup sees BTC mostly above $60,000 on Sunday after an ATH at $61,711. Meanwhile, eyes are turning toward social token platform Roll and a developing hack story.

BTC ATH over $60,000

The weekend started well for BTC as BTC struggled across the $60,000 threshold for the very first time on Saturday. However, by Sunday, the market grew accustomed to the idea of BTC at this price, and the coin hit a new All-Time High of $61,711 before moving back toward the $60,000 line.

Weekend Roundup: BTC at $60,000, Was Roll Hacked?
Source: Tradingviewhttps://www.tradingview.com/symbols/BTCUSD/

ETH Nearing $2,000

ETH followed BTC, and hit the $1940 level midway through the weekend. ETH co-founder Vitalik Buterin claimed in an interview that the network will soon implement rollups in order to increase throughput and lower costs.

Weekend Roundup: BTC at $60,000, Was Roll Hacked?
Source: Tradingview

Developing Story: Roll Hack

Reports on Twitter show that a hack occurred on Sunday that netted about 2600 ETH. The social token platform Roll seems to be the exploited party in the attack, and the Roll team is engaged in sorting out the issue. However, other than screenshots and warnings, little is known. BeInCrypto will follow the story as it unfolds during the week.

Top 100 Biggest Gainer of the Weekend

Weekend Roundup: BTC at $60,000, Was Roll Hacked?

The biggest gainer on Sunday was Hedera Hashgraph, which rose 39.7%. The HBAR token was up 155.6% in the seven days through this report. Hedera Hashgraph is one of the few non-blockchain projects in the top 50. Instead of blocks, it uses a graph consensus model. The project has been gaining industrial interest of late.

Apparently, the possibility of a Coinbase listing helps, too.

Very Coinbase

Regarding Coinbase, the influx of new tokens and possibility of others being onboarded brought out the DOGE community as well. The Dogeratti pinged their CEO-for-a-Day Elon Musk on Saturday about whether a Coinbase listing would a good thing for the project. He responded with a resounding, “Yes!”. And, finally, in a sign of normalcy, the DOGE price did not jump.
All we can say is, “Wow.”

The post Weekend Roundup: BTC at $60,000, Was Roll Hacked? appeared first on BeInCrypto.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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