Coinlive Weekly Weekly (October 18 – October 24): Bitcoin and Ethereum set new highs in ATH

Thanks to the sturdy momentum from the continued launch of two Bitcoin ETFs, BTC this week officially set a new all-time large at $ 67,000. Ethereum is also “enjoying” Bitcoin’s development momentum when it also set a new ATH at $ four.375. Total cryptocurrency industry capitalization surpassed $ two.760 billion, one more new record.

The industry pleasure final week is not restricted to the greatest coins, as each the greatest altcoins and DeFi tasks have quite a few exciting developments.

Let’s evaluation anything with Coinlive to make positive you do not miss any significant information! ?

Value motion of important cryptocurrencies in contrast to seven days in the past, statistics taken at 08:05 on 24 October 2021. Source: Coin360

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📰 News factors

The focal level 🔥

Bitcoin ETF is the hottest key phrase proper now:

Ethereum (ETH) hit new ATH

Tesla Announce No Bitcoin Selling In Q3 2021 Earnings – Elon Musk BTC’s forecast reaches USD 69,000

– “The old crane” Vitalik Buterin quietly promote “dog coin”

Binance set a record with BNB’s 17th quarterly burn up – Binance Smart Chain announced the proposal to burn up BNB, the ambition to flip BNB into a “hyper-deflationary” currency

Great Cap

Capitalization of the cryptocurrency industry broke the $ two.six trillion mark, setting a new record

“Activate” Binance.US: The selling price of bitcoin on the exchange “collapsed” to eight,200 USD

Creditors on the floor of mt. Gox about to acquire $ 9 billion in BTC

Ripple (XRP) Accusing the SEC of “bias” for Bitcoin and Ethereum ETFs

– Meme coin dancing, capitalization poured into “animal trend” – Elon Musk be “nominated” once more

Alameda analysis propose BitDAO invest $ 180 million in FTX tokens (FTT)

Cosmos (ATOM) By launching the new Sagan blockchain, the “atomic bomb” is slowly forming

THORChain (RUNE) magnificent revival from local community energy

To tie accused of accepting BTC and ETH as collateral to lend USDT, suspended $ one million reward for pledging

– Sued by the SEC, founder Earth (MOON) sue the SEC

Polygon (MATIC) A vulnerability has been identified that could trigger up to $ 850 million in harm

DeFi ?

Pois (DOT) announces $ 774 million advancement fund for DeFi

Close to protocol (Close to) announced the creation of a $ 350 million stimulus fund

Arbitrum entirely overwhelmed Optimism when the degree two trading volume on Uniswap v3 hit a record

Trader Joe (JOE) in conjunction with Chainlink to launch new items

Kusama (KSM) By expanding the auction enjoying discipline, the possibility to support the Polkadot Ecosystem (DOT) explode larger

– USDC stablecoin issued on Hedera Hashgraph (HBAR)

Summarize the money for the advancement of the ecosystem of the major blockchains. Source: Kyros Ventures

NFT and video games

NFT Bored Ape Yacht Club The 2nd most highly-priced in historical past offered for $ two.seven million

Decentralland (MANA) held the initially significant-scale Metaverse Festival in historical past

Facebook I want to adjust my title to express my ambition to produce a virtual universe metaverse

McLaren F1 Racing Team launches the NFT assortment on Tezos (XTZ)

Investments from significant institutions

FTX raised $ 420 million from 69 traders, bringing the valuation to $ 25 billion

Greyscale Officially presented to open a Bitcoin ETF

Bitwise launches Polygon Fund, ambition to enter MATIC on the stock exchange

Bakkt will be listed on the NYSE

– The “big man” of the US stock industry Cboe acquired the ErisX cryptocurrency exchange

– The billionaire Bitcoin investment of the greats was anything x2

Coinbase turn into a cryptocurrency keeper for The Novi Facebook wallet, was straight away notified by the US government

Legal and Hospitality ⚖️

New York Request two cryptocurrency lending platforms to quit doing work

SEC President Gary Gensler It explains why it accredited the Bitcoin Futures ETF

Mexico has no intention of accepting Bitcoin as fiat currency

Central Bank of France Successful CBDC check for the credit score industry

Coinbase gets to be the unique cryptocurrency platform for the NBA basketball league

Walmart Installation of more than 200 Bitcoin vending machines in all supermarkets

Events following week (October 25 – October 31)

Synthetic currency 68


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