Summing Up: last week's results
- BTC/USDT -4.92% in 7 days
- ETH/USDT -7.52% in 7 days
Bitcoin fell below $20,000
The fall of this mark occurred on Saturday, August 27th. For yesterday, the cost fluctuated within + -19980.
Bitcoin and other cryptocurrencies have allegedly fallen following comments from Federal Reserve Chairman Jerome Powell. He stated that high rates would be maintained due to continued rising inflation.
Pavel Durov announced the launch of a blockchain marketplace in Telegram
Telegram founder Pavel Durov announced the possible launch of a marketplace based on the TON blockchain for selling usernames, links to channels and groups in the messenger.
On the new platform, name holders will be able to transfer them to stakeholders in secure agreements on the blockchain through “NFT-like smart contracts,” the entrepreneur explained.
More than half of all bitcoin trades are fake
Forbes, after analyzing 157 cryptocurrency exchanges, published a conclusion from which it follows that about 51% of the data on the daily trading volume of bitcoin are, in fact, fake.
The published finding says that as of June 14, the companies reported trading volume of $262 billion, of which only $128 billion turned out to be real. The experts also put the platforms on one list and divided them into several categories, according to the "percentage of erroneous volumes."
American parents support crypto education in schools
Study.com conducted a study in the US that surveyed over 800 parents and 200 college graduates about their attitudes towards basic crypto education in schools. All respondents had at least basic knowledge of cryptocurrencies, blockchains, NFTs, and the metaverse.
67% percent believe that at least lessons about cryptocurrencies are needed, and 86% of respondents believe that they would earn more money if they had special knowledge about cryptocurrencies and technical innovations on the Internet, and not just a higher education.
Ethereum Foundation published an updated road map The Merge
An updated roadmap for the merger was published on August 24, which indicated that the first stage of the update, the Bellatrix hard fork on the Beacon Chain network, will take place on September 6. After that, on September 10-20, the Paris update will take place - a full-fledged merger and the transition of Ethereum to PoS.
Crypto community raised over $60 million for Ukraine in 6 months
The global cryptocurrency industry continues to support Ukraine and to date, according to the Ministry of Digital Transformation of Ukraine, the community has donated:
- 595.444 BTC;
- 10.190.843 ETH;
- 10.44 million USDT;
- 2.23 million USDС;
- 7874.76 SOL.
The world's largest cryptocurrency ATM company Bitcoin Depot will go public due to the SPAC agreement
U.S. crypto ATM operator Bitcoin Depot announced this week that the company will soon go public following a merger with blank check company GSR II Meteora. A SPAC merger is a strategy for crypto companies that want to get listed faster than traditional IPO strategies. Bitcoin Depot now owns about 7,000 ATMs and is the world leader.
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