Shiba Inu saw a massive pump in the month of May but also retraced in tbitcoin group nachrichtenhe weeks after. Ever since then, the price is trapped inside a range. The Coinbase pump was short lived, and the price came back down again.
On Friday crypto trading giant Binance will officially delist the COVER token of decentralized insurance protocol, Cover. Binance will end the BUSD/COVER & ETH/COVER markets, as well as suspending deposits and withdrawals of the token. The delisting is occurring because the Cover and Ruler insurance protocols which underpin the token are being shut down and the UI removed. COVER is up ~3% in the last week.tron wallet app for androidTop 10 Crypto Summary
Bitcoin aside, performance in the digital asset markets was generally poor in the last week. Solana (SOL) was the biggest loser in the top 10, falling by almost 14%. Last week the Solana network experienced an outage for 16 hours due to high transaction loads. The blockchain appears to have suffered a coordinated denial of service attack. The network is back to running normally however the attack has shown that the network is not antifragile.The price of Bitcoin (BTC) ends the week hovering around the US$47,000 price level. Glassnode reported last week that miners have gone into accumulation mode and are increasing their holdings of the asset instead of selling it. This indicates that miners, a key stakeholder in the bitcoin markets, are bullish about BTC’s future price prospects.In 2021, platform blockchains have captured the imagination of crypto investors. Retail investors, traders, and venture capitalists are throwing money at projects hoping to find the new Ethereum, Cardano, or Solana. Will Fantom be the next smart contract chain to achieve escape velocity?Fantom (FTM) is one of the leading candidates from the emerging platform blockchain pack to next attract mainstream investor interest. On January 1st, Fantom’s native token FTM was the 164th largest asset in crypto. It had a market cap of US$47 million and each token was priced at US$0.0182. Six months later, by early June, FTM was the 92nd largest asset in crypto with a market cap of ~US$869 million, with each token priced at US$0.3418. At the time of writing, FTM has climbed to be 53rd largest asset in crypto with a market cap of ~US$3.31 billion, with each token priced at ~US$1.31.Since the start of the year, the price of FTM has risen by ~7098%, while the market cap has risen by 6,942%. That represents face melting gains for a project that has established market relevance quickly in the last year and continues to grow.
A working productFantom has a working blockchain product that is live and in active use. DeFi Llama reports that the total value locked into the Fantom DeFi ecosystem is US$1.3 billion. This number is up ~108,000% in the last 5 months. The Fantom DeFi ecosystem is enjoying a period of Hockey Stick like growth with the real inflection point happening around mid-July of this year.The Telecom Regulatory Authority of India (TRAI) established messaging regulations that require scrubbing consumer communication messages to ensure that the receiver of the message has opted in for such interactions. The drive is supported by BSNL DLT, a content verification platform built on ledger-based blockchain protocols.
As the SMS regulation is applicable for all industry verticals, the list of 7,477 registrations includes banks, educational institutions and private businesses. TRAI had reportedly warned about blocking communications of non-compliant entities, as an official said:“The Telecom Regulatory Authority of India will accept no reason, give no consideration and no extension to all those who have not streamlined their SMS process. Let their businesses suffer 100%.”Businesses using BSNL DLT will be subject to SMS screening against pre-registered messaging templates hosted on the blockchain. In case of a mismatch, the message will be blocked by the company’s telecom provider honoring consumer interest.Related: Indian university joins Hedera decentralized governance councilIndia’s commitment to blockchain adoption has strengthened after a state-run university, the Indian Institute of Technology Madras (IITM), joined 38 global organizations to govern the Hedera public ledger as a part of the Hedera Governing Council.
According to professor Prabhu Rajagopal from IITM’s Center for Nondestructive Evaluation, the institution will test use cases around public blockchains for payments, healthcare, industry and digital media.On July 27, Cointelegraph reported that a sizable Indian institute implemented LegitDoc, a tamper-proof credentialing system built on the Ethereum blockchain, to verify diploma certificates. Currently, other Indian universities are exploring and implementing similar strategies.
The DBX eco-platform has been created for managing digital assets, with a few algorithms and extensive functions that are built into it simultaneously. With the help of these instruments, the user can invest funds safely and receive guaranteed passive income.What’s the unique thing about the DBX project?Many interesting services can be found on the DBX platform such as a modern online casino, legal platforms for cannabinoid products and charity.The project organizes various offers and gives away bonuses and cashbacks. In this way, the user will receive a promotion, or a certain percentage from the income of the platform for exchanging links.
DBX Listing from September to October 2021DBX will be available for purchase at the same time on seven of the largest cryptocurrency exchanges in the world. For depositors who have already participated in the exclusive sales, the full functionality of the currency is already available.Following this list, the coin will be launched on various global crypto platforms:Bitforex (starting from September 10);
BitMart (starting from September 10);LBank (starting from September 15);
WhiteBit (starting from September 20);Latoken (starting from September 25);
Probit (starting from September 30);Coinsbit (starting from October 05).Currently, the work is aimed at uniting people who are interested in investments, programming, mainstream vacation spheres, art and leisure.What is the DBX token unique for?The DBX platform is an innovative project. It has its own token that combines all of the advantages of a cryptocurrency in itself.You can make everyday purchases and fast transfers, and receive income for betting with it. The DBX token is unique for 4 reasons:
Only 0.5 to 2.5 seconds are needed to transfer, exchange and mine coins.The information about transactions, balance and addresses are deleted automatically within a few seconds to ensure anonymity and security for each user.
The amount of data exchange is small, that is why operations require low energy consumption.A number of various types and amounts of tokens are available for transactions.
Two-way exchange of digital assets is implemented on the platform from the ERC-20 to the Quark blockchain, and vice versa.Emission of tokens occurs within the blockchains. With the help of them, you can carry out operations with tokens through the DBX payment systems.
Great opportunities for investmentsYou don’t need to be a specialist in order to operate your assets on the DBX platform successfully. Also, you will not need to deposit funds in banks at a low interest rate. The project is aimed specifically at passive income. The system will provide decentralized smart dividends to investors. Both investors and trust funds will receive income from those dividends.PerspectiveThe developers of the platform made global plans for the project’s growth. The company is looking to open offices in 18 international cities including Tokyo, Zurich, Sydney, London, New York and other exchange capitals all over the world. The creators are sure that this will noticeably increase the interest for the platform.
According to preliminary predictions, the number of the audience will exceed ten millions users.From June to August of 2021, a token sale was held with two presale rounds at the cost of $0.0241 and $0.0321. In September, the IEO was held on the exchange Bitforex at the cost of $0.0642. A strategy for developing up to six places all over the world is planned for 2021.
Moreover, the developers are about to launch the mobile version of the DBX ecosystem, which will function on any popular mobile platform. It will become an additional tool for mobile interaction with digital assets of users from all over the world.Bitcoin vs. Altcoins
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By LUKE CONWAY Updated September 16, 2021Reviewed by JULIUS MANSA
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