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

The sturdy development of Bitcoin in the final week thanks to the information that a Bitcoin ETF is about to be accredited has caught all the focus of the cryptocurrency sector, overpowering 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 displaying sturdy indicators of return with a series of information associated to the establishment of the NFT exchange by the big gamers. In addition, the legal segment also has some comply with-up updates on the circumstance in China, Russia and the United States.

Let’s critique almost everything with Coinlive to make certain you do not miss any critical information! ?

Value motion of big cryptocurrencies in contrast to seven days in the past, statistics taken at eleven:00 on 17 October 2021. Source: Coin360

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📰 News factors

The focal level 🔥

Bitcoin (BTC) Crossing the $ 63,000 threshold thanks to “rumors” Bitcoin ETF in spite of the one minute “dump 4,000 USD” incident

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

Binance spends USD one billion To produce the Binance Smart Chain ecosystem, coins on BSC “explode”

America globe leader in Bitcoin mining hashrateChina “evaporated” from the map

– President of Russia Vladimir Putin realize that Bitcoin is definitely important

Great Cap

Ethereum (ETH) reaches the $ three,800 mark, sellers are “helpless” ahead of the ETH alternative expires

Vitalik Buterin Share your view on the Bitcoin partnership – Ethereum, NFT and DAO

Cardano (ADA) recorded only one (one particular) intelligent contract transaction inside of 24 hrs

– Says the legend of “The Big Short” Shiba Inu (SHIB) it is ineffective, the neighborhood is campaigning to record SHIB on Robinhood

DeFi ?

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

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

– Number of transactions on Polygon (MATIC) it dropped sharply soon after the determination to increase fuel tariffs thirty occasions

Summarize the money for the growth of the ecosystem of the most important blockchains. Source: Kyros Ventures

NFT and video games

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

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

Visa launches the NFT plan to help imaginative artists globally

Shiba Inu (SHIB) Enter NFT with a assortment of up to ten,000 performs

– CryptoPunk owners refuse to promote NFTs with price tag two,500 ETH

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

Investments from significant institutions

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

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

Co-founder of Coinbase About to increase $ one.five billion for a cryptocurrency investment fund

TradingSee efficiently raised $ 298 million, bringing the company’s valuation to $ three billion

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

Legal and Hospitality ⚖️

To tie And Bitfinex fine of $ 42.five million on USDT. stablecoin escrow challenge

Developments from China:

Russia There are no strategies to ban cryptocurrencies outright

– Appearance of the support invest in a Tesla electrical auto in Bitcoin

Binance Become a jersey sponsor for the club Lazio

Events up coming week (October 18 – October 24)

Synthetic currency 68


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