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Bitcoin Holds $ 10,000 While Markets Crash
Bitcoin managed to hold above $ 10,000 despite the fall in markets.
Most cryptoassets are in the red on a 24-hour scale. Bitcoin managed to hold above $ 10,000 despite the fall in markets. Most of the altcoin market is recovering today, especially the DeFi representatives.
Dave Portnoy says he is back in Bitcoin trading.
After a short break from trading cryptocurrencies, Dave Portnoy says he is returning to Bitcoin.
Dave Portnoy, founder of Barstool Sports, is returning to bitcoin after suddenly abandoning digital currency trading when his investment in Chainlink plummeted. In a recent video, Portnoy said that his “heart is cryptocurrency” and that he will soon be back in the cryptocurrency market.
Ukraine outperforms Russia, China and other countries in terms of adoption, according to a new study by Chainalysis.
Ukraine, Russia and Venezuela lead the world in the adoption of cryptocurrencies.
Recent data released by Chainalysis has shown a surprising first place for Ukraine in the 2020 Global Cryptocurrency Adoption Index, followed by Russia and Venezuela.
Ethereum Foundation Announces $ 3.8M in New Grants
The funds will go to 28 companies working on the Ethereum blockchain.
The $ 3,884,000 funds will go to 28 companies and researchers, including blockchain consultancy Akomba Labs for the community and education and Beacon Fuzz to find glitching and consensual bugs in Ethereum 2.0.
Ethereum Foundation Grants
ETC labs announces partnership with Chainalysis
Ethereum Classic Labs has announced a partnership with blockchain analytics company Chainalysis.
Regarding this partnership, Chainalysis said it will also offer startups, projects and ETC Labs grant recipients access to Chainalysis subject matter experts on compliance and regulation to help companies and projects define their requirements. He also stated that Chainalysis KYT and the training certification platform will be offered at a reduced rate for ETC lab accelerator startups.
ETC labs partnership with Chainalysis
DeFi, stablecoins are pushing Ethereum towards the past bitcoin in economic activity
Decentralized funding has a significant impact on Ethereum production volumes.
On Saturday, the “7-day average adjusted transfer cost” reached $ 3.08 billion for Ethereum. Bitcoin, the largest cryptocurrency by market cap, reached $ 3.01 billion. According to the firm, ETH traders held the win for the next two days.
Digital Currency Group acquires Luno cryptocurrency exchange
The acquisition means greater access to cryptocurrency in regions such as Africa and Asia.
Digital Currency Group, a New York-based global venture investing in blockchain companies, has acquired Luno, a cryptocurrency and digital asset exchange.
Binance Uganda Will Exclude Its Own BNB Exchange
Binance’s East African division announced that Binance Coin trading pairs do not meet its trading standards.
Binance Uganda, the East African arm of major cryptocurrency exchange Binance, has announced that it will remove its international parent company, its own token, Binance Coin, from its listing on September 17.
Ethereum Transaction Fee Reduction Plan Gets Steam Support
A proposal to regulate Ethereum’s sky-high transaction fees is gaining traction in the developer community.
An Ethereum improvement proposal that aims to radically restructure Ethereum’s pricing mechanism is gaining traction among developers. The proposal, known as EIP-1599, supports the idea of increasing Ethereum’s gas limit while imposing an elastic base transaction fee that is automatically burned.
Alameda Research Co-Leads $ 1.8M Seed Round for Linear Funding for DeFi Protocol
A group of strategic investors have invested in the Linear Finance decentralized finance protocol.
Minutes announced the completion of its $ 1.8 million private seed funding on Wednesday, stating that NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital have also led the round.
The number of Bitcoin wallets that hold 10+ BTC has dropped significantly
Glassnode reported that the number of wallets with 10+ BTC fell to a minimum in over 6 months.
In a recent tweet, analyst agency Glassnode said the number of BTC addresses with ten or more coins dropped to a seven-month low; now that number is 153,137 wallets.
US lawmakers approve bills to study blockchain in commerce
Now two bills will be submitted to a vote in the House of Representatives.
In an online debate moderated by Chamber of Digital Commerce founder Perianne Boring on September 9, Florida’s 9th District Democratic Party spokesman Darren Soto said that after “nearly two years of aggressive action,” the Committee on Energy and Commerce passed the Digital Taxonomy Act.