Shorts cryptonews for this week 42/52 (2021)

By Pasucaru | pass fire | 23 Oct 2021

- Happy ATH : Bitcoin hits a new all-time high at over $ 67,000 and Ethereum jumps back above $ 4,000.

- Total Value Locked (TVL) in Decentralized Finance (DeFi) projects has reached a new high. It is close to $ 240 billion.

- Billionaire investor Paul Tudor Jones believes that Bitcoin is a better hedge against inflation than gold. (CNBC)

- PayPal records biggest bitcoin trading volume since BTC price drop in May, the world's largest payment service provider processed $ 145.60 million in bitcoin transactions on the day BTC hit its all-time high of $ 67,000.

- Walmart has started installing Bitcoin ATMs in its stores in the United States. (CoinDesk)

- ProShares' Bitcoin ETF traded for $ 320 million in shares in the first 30 minutes. (Blockworks) and  officially reached $ 1 billion in trading volume on the first day (tuesday, 19th), the 2nd largest ETF launch ever. (Twitter: James Seyffart)

- U.S. SEC Approves VanEck's Second Bitcoin ETF. The ETF will start trading next week. (Bitcoin Magazine) and SEC clears third Bitcoin ETF from Valkyrie Investments.  CoinDesk)

- Facebook chose Coinbase as its custodian partner for its pilot of Novi, a new digital wallet that makes it possible to send and receive money abroad instantly, securely and at no cost. (Coinbase) and Coinbase is entering into a long-term partnership with the NBA and WBNA to become their exclusive crypto sponsor. (The Block)

- FTX exchange has raised $ 420 million from 69 investors and has now reached a valuation of $ 25 billion.

- The social network Reddit plans to create its own NFT platform. (TheStreet)

- Sotheby's, one of the most influential art auction houses in the world, opens platform for NFTs.

- Salvador's national airline Volaris will start accepting Bitcoin payments. (Bitcoin Magazine)

- Kazakhstan (the 2nd largest crypto mining hub in the world) is considering "limiting" bitcoin mining to deal with power shortages. (BollyInside)

NB: This week LunarCrush introduce a new app on mobile phone to Do Your Own Research with Lunr token link here (get rewards) 

How do you rate this article?




Looking for new real or virtual experience

pass fire
pass fire

How did we pass from one real world to another virtual one ? Comment sommes nous passer d'un monde réel à un autre virtuel ?

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.