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Coinlive Weekly Weekly (11 October – 17 October): Bitcoin closes at the peak of ATH thanks to the momentum of the ETF

October 17, 2021
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The strong growth of Bitcoin in the last week thanks to the news that a Bitcoin ETF is about to be approved has caught all the attention of the cryptocurrency sector, overwhelming the altcoin and DeFi sectors. Even so, there are some notable developments from coins like Binance Smart Chain, Polkadot, and “DeFi 2.0”.

The NFT trend is showing strong signs of return with a series of news related to the establishment of the NFT exchange by the major players. In addition, the legal section also has some follow-up updates on the situation in China, Russia and the United States.

Let’s review everything with Coinlive to make sure you don’t miss any important news! ?

Coinlive Weekly Weekly 11 October 17 October Bitcoin closes
Value movement of major cryptocurrencies compared to 7 days ago, statistics taken at 11:00 on 17 October 2021. Source: Coin360

? Coinlive Originals – Articles to read

– Kyros Kompass # 5: Bitcoin vs DeFi: what “push” for both?

Coinlive TV

– DeFi Discussion ep.14: Chat on DAO and fairness in Blockchain

– DeFi use: Tips for being a “farmer” Yield Farming – What you need to know when joining DeFi Farming

– Let’s talk about Trading: Things to know before “committing” to cryptocurrency trading (Part 1 | Part 2)

– Kyros Ventures: Cryptocurrency Market Report Q3 2021

– Crypto in the world: Global Cryptocurrency Market Perspective from Blockchain and Crypto Projects

📰 News points

The focal point 🔥

– Bitcoin (BTC) Crossing the $ 63,000 threshold thanks to “rumors” Bitcoin ETF despite the 1 minute “dump 4,000 USD” incident

– Pois (DOT) Announcement of the time to hold the chain guard rod – Which project is likely to win?

– Binance spends USD 1 billion To develop the Binance Smart Chain ecosystem, coins on BSC “explode”

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– America world leader in Bitcoin mining hashrate, China “evaporated” from the map

– President of Russia Vladimir Putin recognize that Bitcoin is really valuable

Great Cap

– Ethereum (ETH) reaches $ 3,800, sellers are “helpless” before the ETH option expires

– Vitalik Buterin Share your opinion on the Bitcoin relationship – Ethereum, NFT and DAO

– Cardano (ADA) recorded only 1 (one) smart contract transaction within 24 hours

– Says the legend of “The Big Short” Shiba Inu (SHIB) it is useless, the community is campaigning to list SHIB on Robinhood

DeFi ?

– Trend “DeFi 2.0” emerged with reps like Olympus (OHM) and Rari Capital (RGT), only to “split in two” after just one day

– What projects could they win? Polkadot’s chain guard rod?

– Number of transactions on Polygon (MATIC) it dropped sharply after the decision to raise gas tariffs by 30 times

Cardano ADA cedes the throne to BNB the race has
Summarize the funds for the development of the ecosystem of the main blockchains. Source: Kyros Ventures

NFT and games

– FTX launch of a trading market for NFTs issued on Solana, Coinbase Follow the NFT trading market on Ethereum, auction house Sotherby’s it also captures the trend as a platform to open and sell NFTs

– Steam By banning blockchain / NFT games, Epic Games is “open” to welcoming

– Visa launches the NFT program to support creative artists globally

– Shiba Inu (SHIB) Enter NFT with a collection of up to 10,000 works

– CryptoPunk owners refuse to sell NFTs with price 2,500 ETH

– McDonald’s China launched 188 NFT the 31st anniversary of the settlement in the midst of the government “storm” of repression

Investments from large institutions

– Celsius network raised $ 400 million to “meet legal requirements”

– SEBA Bank Switzerland Launch of Cardano (ADA), Polkadot (DOT) and Tezos (XTZ) staking products

– Co-founder of Coinbase About to raise $ 1.5 billion for a cryptocurrency investment fund

– TradingView successfully raised $ 298 million, bringing the company’s valuation to $ 3 billion

– Sam Bankman-Fried Leaves, Hedge Fund Alameda research there is a new CEO

Legal and Hospitality ⚖️

– To tie And Bitfinex fine of $ 42.5 million on USDT. stablecoin escrow problem

– Developments from China:

– Russia There are no plans to ban cryptocurrencies outright

– Appearance of the service buy a Tesla electric car in Bitcoin

– Binance Become a jersey sponsor for the club Lazio

Events next week (October 18 – October 24)

Coinlive Weekly Weekly 11 October 17 October Bitcoin closes

1634443682 823 Coinlive Weekly Weekly 11 October 17 October Bitcoin closes

Synthetic Currency 68


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