From claiming Bitcoin could hit $ 90,000 to Binance, which is introducing a real-time burning mechanism similar to Ethereum. Here are some highlights from the crypto market.
According to Bloomberg, Fundstrat’s strategists have shared the price target that the leading cryptocurrency is likely to hit next.
They suggest that bitcoin could test the $ 89,000 to $ 90,000 mark in the future.
In a report on Wednesday, Fundstrat said that after breaking through $ 65,000, Bitcoin will likely test the $ 72,500 area and then test the $ 89,000 area.
– 8BTCnews (@btcinchina) October 22, 2021
Bitcoin hit a new ATH earlier this week at $ 66,930. The rally followed speculation about the launch of a BTC ETF, followed by ProShares’ launch of the fund on the New York Stock Exchange.
Also, whales have bought large amounts of Bitcoin in the market and moved them to cold wallets for long-term storage on exchanges.
Billionaire Paul Tudor Jones prefers Bitcoin to gold.
Billionaire hedge fund manager Paul Tudor Jones said he now prefers Bitcoin to gold for inflation protection.
In a recent interview in particular, the founder and Chief Investment Officer of Tudor Investment Corporation expanded his thoughts on Bitcoin.
He claims Bitcoin is an excellent hedge against inflation as well as a long-term store of wealth. Jones compared Bitcoin to the traditional but apparently lagging medium of gold.
– Bitcoin magazine (@BitcoinMagazine) October 20, 2021
The Magistrate Court Judge Sarah Netburn was inquiry The US Securities and Exchange Commission (SEC) responded to several controversial Ripple interrogations to determine whether plaintiffs’ allegations are true.
The SEC needs to explain why the company’s XRP sales are investment contracts. Additionally, the SEC has to say whether it sees Ripple’s efforts as crucial to the XRP price.
News chain link
After a 14% increase in the price of LINK, the number of whale wallets also increased, hitting a 4-year high, accounting for 24.8% of the supply. During the correction phase, retail investors and traders can suffer losses due to the increased potential selling pressure.
According to Santiment’s chart, the correlation between rising whale numbers and negative price movements lasts from May to July and September.
Previously, the price of LINK reached $ 52 with a whale address count of 23.9%. After the sell-off in the crypto market, LINK lost almost 70% of its value, with whale addresses losing 8% of their total inventory.
🐳 #Chain link opened Friday with a price increase. Millionaire addresses with 100,000 to 10 million $ LINK now own about a quarter of the total supply, the largest amount in their history. Ranked # 16 in market cap, the asset was last over $ 30 five weeks ago. https://t.co/8HYwPf581y pic.twitter.com/VToDqK6q2A
– Santiment (@santimentfeed) October 22, 2021
Proposal to update BEP-95 was made introduce on the public Binance Chain Github and introduces a real-time burning mechanism similar to that currently used on the Ethereum chain. The main goal of the new mechanism is to make BNB more valuable and to speed up the token burn process.
With the introduction of the new burning mechanism, the burning of BNB will increase significantly, which has a positive effect on the value of this coin.
News Shiba Inu
Robinhood CEO Vladimir Tenev addressed the Shiba Inu rumors during an appearance on CNBC’s “Mad Money” on October 21.
When Jim Cramer, the host, asked if the leading online trading app had any intention of listing this meme token, Teven said he had heard many people in the community mention this issue.
However, he appears to have dodged the question and refused to confirm or deny that the listing would actually take place, which further fueled speculation.
Robinhood CEO evades the question @ShibainuCoin Listing!
– Shiba Inu (@ShibainuCoin) October 22, 2021
Shannon Bray believes SHIB will grow a lot.
The 2022 Senate candidate Shannon Bray tweeted a crypto Shiba Inu meme, stating that once she recaptured the $ 0.0003 region, she could achieve a new ATH shortly afterwards.
I changed my twitter background. It’s time to kick $ shib back to the 30s.
come on #SHIBARMY … Make some noise. Let’s close above 20% on Friday.
Once we break through the 30s again, we should have little resistance to a new ATH. pic.twitter.com/pt6yAm7Bsu
– Shannon Bray (@ShannonBrayNC) October 22, 2021
Bray urged the SHIB Army to “make an effort” to finish the coin on Friday with a profit of more than 20%.
Bray is the Liberal Party’s Senate candidate. He has worked in software development, information security and management.
Synchrony, a Solana-based DeFi protocol, has raised $ 4.2 million in a new investment round.
follow notificationSynchrony, an on-chain asset management protocol based on the Solana blockchain, has raised $ 4.2 million to refine DeFi configuration indicators. This round of investments is led by Sanctor Capital, Wintermute Trading and GBV Capital.
According to CEO Vlad Tenev, there are more than 1 million people on the Robinhood crypto wallet waiting list.
Speaking to Jim Cramer during CNBC’s Disruptor 50 Summit on October 21, Tenev said he was “proud” of Robinhood’s advances in the crypto space. He highlighted the company’s recent efforts to bring crypto wallets to users.
Robinhood crypto wallet waiting list exceeds 1 million customers, says CEO https://t.co/D3eU2UtO7g
– CNBC (@CNBC) October 21, 2021
The FTX cryptocurrency exchange distributed $ 500 worth of crypto to every viewer sitting in the FTX Arena area at the Miami Heat season opener on Thursday.
In addition to the crypto giveaway, every fan in the stadium received a T-shirt with a QR code, which grants access to the exclusive “FTX Arena NFT Opening Night”.
Free NFT shirts? Don’t say anything anymore!
All @High heat Fans attending today’s game will receive a free “You In, Miami?” t-shirts! 👕
By scanning the QR code on the back, this free limited edition FTX Arena NFT will be activated.
– FTX – Built by dealers for dealers (@FTX_Official) October 21, 2021
OKEx, one of the largest cryptocurrency exchanges, announced the Moon Landing Program with unlimited capital that integrates all resources across Asia and introduces new technology and centralized products with a focus on blockchain to expand the market in Asia.
follow notification On Tuesday, Okex confirmed the launch of the “moon landing program,” which aims to expand its technology infrastructure and services across Asia.
Messages Immutable X
Invariant X started notification Important for the community, from October 22nd, 2021 UTC, the development team will carry out the IMX delivery splitting.
According to the announcement, IMX’s offering will increase 100 times from 20 million to 2 billion tokens. The offer is increased proportionally so that all users receive the same percentage of IMX.
Kalamint, the second largest NFT marketplace on the Tezos Network (XTZ), has implemented wallet top-ups over value. Users can now top up XTZ wallets with their credit cards from the Kalamint main page.
After successfully taking up an investment from the Draper Goren Holm Fund and a seed investment from Amesten Capital, Kalamint has now established itself as one of the 10 most popular NFT markets.
Value Tezos-based kalamint companions deliver bank card prime-ups https://t.co/2ptdOSzeq8
– CRYPTꙨMBER (@cryptomber) October 22, 2021
FUFU has announced Integration with the Enjin platform.
FUFU will apply the Enjin platform to FUFU to mint and integrate Ethereum-based NFTs. This agreement gives FUFU and Enjin the opportunity to interact with both ecosystems and develop new projects.
FUFU is a platform for users to create quizzes, share with friends and earn NFT through the reward system.
The Associated Press will provide the Chainlink Oracle Node.
The Associated Press announced that it would use its own Chainlink Oracle node to ensure that all data from US newspapers and broadcasters is verified.
In notification 21 told the Associated Press (AP) that smart contract developers will have access to the agency’s “business and sports data” as soon as the node goes live.
According to the AP, it will post data on the chain so developers can access and reference it in all related apps, while also providing information on upcoming elections and mentoring artists in the NFTs space.
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