2021-01-11 10:39:36
Major Crypto Market Updates in the last 24 hrs
1. First cryptocurrency-only restaurant sale in US launched
A Big Apple bar owner is bowing out — and banking on Bitcoin with what could be the first cryptocurrency-only restaurant sale in the US.
Read More: http://fxn.ws/3qddtFj2. Ethereum Corrects 20%: Why ETH Could Find Strong Support At $1,000
Ethereum started a sharp downside correction below $1,200 against the US Dollar. ETH price is down 20%, but is approaching a crucial support at $1,000 and the 100 hourly simple moving average.
Read More: http://bit.ly/35pG6He3. Yearn.finance founder hints at collaboration with top DeFi protocol CurveOver the past few months, Yearn.finance (YFI) has been on a collaboration spree. By now, Yearn.finance has Pickle Finance, Cream Finance, Akropolis, SushiSwap, and Cover Protocol under its expanding wings.
Read More: http://bit.ly/39h4ZpS4. Bitcoin Whale Moves $500 Million Following BTC Price Surge to $40,000A whale crypto trader moved $500 million in Bitcoin following the surge in price above $40,000. According to data compiled by blockchain scanner and Twitter bot Whale Alert, an anonymous trader moved 12,598 bitcoin in three separate transactions on January 7, as the price of BTC unexpectedly broke above $40,000. The unknown wallet transferred 4,892 bitcoin, followed by 4,360 and 3,400 BTC.
Read More: http://bit.ly/3bsWB995. OCC Steps Up Permitting Banks to Utilize Blockchains and Stablecoins for Payments
Digital payments’ future seems more evident as the Office of the Comptroller of the Currency (OCC) recently allowed stablecoin payments through banks. Asides from approving stablecoin remittances, the U.S based banks, and federal savings associations will be able to leverage the blockchain technology.
Read More: http://bit.ly/39imaao6. Solana (SOL) trading volume soars as DeFi investors seek ETH alternativesThe DeFi sector is booming again and the need for fast, scalable, Ethereum alternatives has sent Solana (SOL) trading volume to record-highs.
Read More: http://bit.ly/3seTAiM7. Crypto user recovers long-lost private keys to access $4M in Bitcoin
A student has claimed to have found private keys accidentally HODLed starting as early as 2011 which will unlock more than $4 million in Bitcoin. Even with their newfound fortune, the lucky student said they will avoid “expensive luxuries” like a new car or house.
Read More: http://bit.ly/3bttu5U8. EOS Co-Founder Dan Larimer Resigns From Post as CTO of Block.oneDan Larimer is resigning from his post as the chief technology officer of the development company Block.one. Block.one made history when it raised $4 billion worth of cryptocurrency for the initial coin offering of EOS, a blockchain that was built to compete with Ethereum and other smart contract networks. Block.one’s main project is EOS.
Read More: http://bit.ly/35oEWfd9. Privacy coin narrative gains steam despite Bittrex delistings: XMR, ZEC, DASH gain 20%Early this year, privacy-focused coins were seemingly dealt a death blow by Bittrex, a popular crypto-asset exchange. Today, these same coins that plunged earlier this year are starting to rally, outpacing Bitcoin, Ethereum, and all other cryptocurrencies except for some DeFi plays.
Read More: http://bit.ly/3bo4YD710. Crypto Holders in the UK Cannot Deposit Profits in BanksHSBC, one of the world’s largest banks, does not process cryptocurrency payments and does not allow customers to transfer money from digital wallets. While other leading banks accept transfers from digital wallets to checking accounts, many bitcoin holders cannot use their credit cards to buy or sell bitcoin.
Read More: http://bit.ly/3ntmojXStay tuned to get Daily Crypto Market News & Updates
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