CryptoPage - CryptoPage Newsletter - Issue 100

Crypto Daily News - September 20, 2021
 

CryptoPage Newsletter

 

ISSUE 100  September 20th 2021

 

  Crypto News  

 

JPMorgan Strategist Estimates Ether's Fair Value at $1,500 Amid Competition From 'Ethereum Killers'

A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and it is facing tough competition from other chains like Solana and Avalanche.

bitcoin.com  Permalink

 

150 More BTC Acquired by Nayib Bukele: Will Violence Erupt in El Salvador?

It is another exciting moment for El Salvador’s President Nayib Bukele, but not too exciting for more than half of the citizens of El Salvador. While the country is in chaos over the President endorsing bitcoin as the country’s legal Tender, Nayib has gone ahead to announce that the country has bought a new 150 Bitcoin. The latest addition to El Salvador’s collection of Bitcoin will sum it up to 700 coins.

coinquora.com  Permalink

 

Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork

Cross-chain DeFi platform pNetwork has become the latest protocol to be targeted by hackers on Binance Smart Chain, reporting a loss of roughly $12.7 million worth of Bitcoin.

cointelegraph.com  Permalink

 

Solana, Ethereum Price Analysis: September 20, 2021

Solana drags the extreme volatility into the new week as losses return to $140.

coingape.com  Permalink

 

Coinbase signs new $1.36M contract with US Customs enforcement agency

Leading U.S. cryptocurrency exchange Coinbase has secured a contract to develop tech for the Department of Homeland Security worth as much as $1.36 million.

cointelegraph.com  Permalink

 

Africa’s crypto market grew by 1200 % in the last year.

The continent of Africa may have the smallest cryptocurrency market share globally, but it has seen some of the highest growth in adoption in the past year. According to a report by Chainalysis, Africa had recorded 1,200% growth since June last year, with the need for cheaper remittances, the rise of peer-to-peer trading, and savings needs leading the revolution.

coinnounce.com  Permalink

 

Here's why Bitcoin might be safe from a global stock market crisis

One of the reasons behind Bitcoin's (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it "digital gold," a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network.

cointelegraph.com  Permalink

 

Dormant Bitcoin wallet turns $29 million after 8.8 years

Whale Alert, a crypto whale transaction tracker, reported the Bitcoin wallet on September 19, noting that it has been dormant for about 8.8 years. Back in 2012, the wallet had 616 BTC, which was worth only $6,667 at the time. The price of Bitcoin has risen by over 440,000%, thereby raising the initial price to over $29 million.

cryptopolitan.com  Permalink

 

‘We are at war’ with crypto, says Turkish President Erdoğan

Turkey is eager to become a blockchain hub as a country with one leg in Europe and another in Asia. However, the same passion doesn’t apply to cryptocurrencies, as Turkish President Recep Tayyib Erdoğan reiterated recently.

cointelegraph.com  Permalink

 
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CryptoPage Newsletter - Issue 99

Sunday, September 19, 2021

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CryptoPage Newsletter - Issue 98

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