2021-10-06 10:19:41
#Top_cryptocurrency_news on October 6
1. Bitcoin trading at $51,205.16
Cryptocurrencies stayed in the green on October 6. Bitcoin, the world's biggest crypto by market value, rose above the $50,000 mark for the first time in four weeks on Tuesday, adding to a series of gains since the start of the month. The global cryptocurrency market stood at $2.22 trillion, down 3.06 percent from Tuesday, while the total crypto market volume over the last 24 hours climbed 3.29 percent to $110.8 billion. Bitcoin traded at $51,205.16 around 8.25 am with a 43.58 percent dominance, an increase of 0.56 percent over the day.
2. NASDEX, the first Asia-focused decentralized exchange is here
In an effort to boost the DEX ecosystem in Asia, Starter, an IPO (Initial DEX Offering) launchpad, incubator, and investor network that allows the interoperability of IDO launches on 7 popular blockchains announced the launch of NASDEX, an independently owned and operated decentralized exchange that allows users to trade tokenized stocks on the blockchain through a minting and trading mechanism.
3. NFT sales surge to $10.7 billion in Q3 as crypto asset frenzy hits new highs
Sales volumes of non-fungible tokens (NFTs) surged to $10.7 billion in the third quarter of 2021, up more than eightfold from the previous quarter, according to data from market tracker DappRadar, as the frenzy for crypto assets reached new highs.
4. Amitabh Bachchan Becomes Latest Celebrity to Join the Cryptocurrency Craze
Amitabh Bachchan is the latest celebrity to hop into the crypto-space. Bachchan, who is now the brand ambassador of Indian crypto exchange CoinDCX, will be working to raise awareness about cryptocurrency, the company said in a press release. But he's far from the only big celebrity, in India or around the world, to be actively participating in cryptocurrency. This makes sense considering that India is one of the countries where the crypto space is witnessing rapid expansion, alongside Vietnam, Pakistan, and Ukraine.
5. BitOasis crypto exchange to help Dubai Police spread fraud awareness
BitOasis has partnered with the Dubai Police Force to establish safety regulations around crypto investments in the region, according to the exchange's CEO.
6. Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week.
7. Silvergate Bank issues $100M credit line to mining firm Marathon Digital
"We remain optimistic that we are well positioned to scale our hash rate to 13.3 EH/s by the middle of 2022,” said Marathon Digital CEO Fred Thiel.
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