Bitcoin regains $50,000 as crypto market creeps above $2 trillionThe global crypto market cap is $2.14 trillion with a 24-hour volume of $114.4 billion. The price of Bitcoin is $49,498.19 and the BTC dominance is at 43.4%.
by Shaurya Malwa Bitcoin pumped above $50,000 last night as the broader crypto market regained a $2 trillion valuation, data from multiple sources showed. Such figures were last seen in May earlier this year before a brief two-month correction across the market. Some altcoins even fell as much as -85% from their May highs, but have since crept upwards as euphoria continues to brew around the crypto market. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Kenya does more peer-to-peer crypto trades than anywhere else in the worldAccording to the recent Global Crypto Adoption Index 2021 report by Chainalysis, Kenya leads the world when it comes to crypto transactions in terms of peer-to-peer (P2P) trading. Visa steps into NFT fever. Buys CryptoPunk #7610 for $166,000Payments company Visa has bought CryptoPunk #7610 as part of a broader portfolio of alternative assets, it said in a post this morning. Binance (BNB) signs up ex-Singapore Exchange chief as regulatory troubles loomBinance, the largest crypto exchange in the world by trading volume, in its bid to combat its battle with regulatory authorities around the world has appointed Richard Teng, the former chief regulatory officer of the Singapore Exchange (SGX), as the head of its Singapore’s branch. Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stabilityWith the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains. Just 3 dormant addresses are behind 6% of Dogecoin (DOGE) market capMore than 8% of Dogecoin (DOGE) in current circulation rests in the top ten dormant addresses, BitInfoCharts’ data shows. You can now invest in CryptoPunks NFTs for just $1Talk about non-fungible tokens (NFTs) and the term ‘CryptoPunks’ is sure to pop up. Cardano (ADA) sets price highs ahead of smart contract updateInput-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform is on track with completing its smart contract mission as the announcement of the hard fork date, which will mark the downing of the new era, boosted the token’s price to its record high of […] Ethereum’s V. Buterin admits there are times he finds fame and fortune annoyingVitalik Buterin spoke candidly about his experiences as the “leader” of Ethereum, saying there are times when he wishes he was less visible. SEC chief slams ‘highly centralized’ DeFi projects. Is regulation coming?The head of the US Securities and Exchange Commission (SEC) Gary Gensler is ready to draw regulatory lines for the decentralized finance (DeFi) sector, saying that many projects are not sufficiently decentralized to escape the agency’s supervision. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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