Day: September 16, 2021

Ethereum options data suggests the battle for $4K ETH is at least a week away

For the past 40 days, Ether (ETH) traded in a modest uptrend, respecting a narrow channel most of the time. The absolute leader of the smart contracts sector enjoyed a brief rally toward $4,000 in the first week of Sept., but a subsequent crash brought the price into the ascending channel. Ether price at Bitstamp in USD. Source: TradingView During this time, NFTs posted record-breaking transactions in August, clogging the Ethereum network and causing average transaction fees to surpass $40 in early September. Although NFT trading volume has continued to…

Satoshi Nakamoto statue goes up in Budapest

A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors to Graphisoft Park in Budapest.  In an unveiling ceremony on Sept. 16, András Győrfi, the co-founder of the statue project and editor of crypto news site Kripto Akademia, spoke to a crowd of journalists and Hungarian residents before revealing the shining face of Satoshi. The artwork shows the upper half of a figure with a featureless face wearing a hoodie with the Bitcoin (BTC) logo. Front of #StatueOfSatoshi pic.twitter.com/LvlDmtio1c — Disclose.tv (@disclosetv) September 16, 2021…

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Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion – Blockchain Bitcoin News

On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market structure” and bridges that are making a myriad of blockchains compatible. Researcher: ‘We Are Finally in a Multi-Chain Market Structure’ For quite some time now, multi-chain or cross-chain technology has been a holy grail of sorts in the cryptocurrency development space. People want to transact with other blockchains by leveraging bridges to different ecosystems. Dmitriy…

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Bitcoin in El Salvador: Why Is It Worth the Effort?

More than nine years ago, we founded Bitcoin Argentina’s nongovernmental organization to defend bitcoin and its potential despite all public opinion to the contrary. At the time, bitcoin was criticized by families and friends, very little was known about the subject, and everything in the media was negative. No one could understand the social relevance of defending a currency through an organization like ours. Since then, our belief about the role that the currency as a store of value and its underlying technology would play in the near future became…

Monsta Infinite Lists on AscendEX – Press release Bitcoin News

press release PRESS RELEASE. AscendEX is thrilled to announce the Monsta Infinite token (MONI) listing under the trading pair USDT/MONI on Sept. 15 at 1 p.m. UTC. In celebration of the MONI listing, AscendEX and the MONI team will launch seven limited-time promotional events for users to earn token rewards. The events will take place between 12:00 a.m. UTC, on Sept. 16 and 12:00 a.m. UTC, on Sept. 23, 2021. By depositing and trading MONI, users will have the chance to share airdrop rewards worth up to 80,000 USDT. Monsta…

Coinbase Is Set To Increase Corporate Bonds Amid Rising Demand

In a recent development, Coinbase issued a junk bond, and the market seemed to be hungry for the instrument. Currently, the US crypto exchange is recording more demands for these bonds every day. With these demands, the crypto exchange’s sales have grown from $1.5B to $2B. Bonds are fixed investments that yield interest monthly. But when we talk of junk bonds, investors make higher returns but face higher risks as well. Companies usually issue junk bonds to raise capital very fast for a major project. Corporate Bond Orders Keep Rising…

Multimillion-dollar investment rounds spark rallies in Avalanche and Audius

Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors’ attention. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Audius (AUDIO), Avalanche (AVAX) and Celer Network (CELR). Superstars invest in Audius The Audius platform is a decentralized music-sharing and streaming protocol that aims to cut out the middleman from the music…