CRYPTO TODAY
22nd of September, 2021.
Yesterday, the entire crypto market took a hit, ostensibly due to market uncertainty in China. Today does not appear to be any better. After a significant drop on Monday, Bitcoin, Ethereum, and the broader cryptocurrency market continued to fall today. Bitcoin has dropped more than 6.4 percent in the last 24 hours as it traded at $40,835.76 and currently trading at $42,198.07.
Ethereum, the second most valuable digital asset by market capitalization, was valued at $2,763, down 8.6%. It’s the first time since August 6 that it’s fallen below the $3,000 level. Prominent altcoins were also not spared in the battering.
Dogecoin is considered a means of payment by AMC alongside BTC, ETH, BCH, and others.
The company’s crypto aspirations were first revealed during an investor call in early August. The move is part of a more comprehensive strategy to modernize its digital payment systems, including support for Google Pay and Apple Pay transactions. Despite the lack of a debut date, Adam Aron, CEO of AMC Entertainment, has stated that it will be implemented by year-end.
Aron surveyed his Twitter followers today about the potential of Dogecoin acceptance. He posted this message on his Twitter feed:
I sincerely want to hear your opinion, via this Twitter Poll. By year-end 2021, AMC will take Bitcoin, Etherum, Litecoin and Bitcoin Cash for online payments. I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin?
— Adam Aron (@CEOAdam) September 21, 2021
Within hours, almost 50,000 people had responded. Seventy-five percent of respondents said they wanted the chain to accept Dogecoin payments, and another 8.4 percent said they wanted it even if they weren’t likely to use it themselves.
Buyers pounce on the BTC “sale” below $40k, propelling the price above $42k.
Bitcoin (BTC) has recovered and held over $42,000 in the last few hours after briefly falling below $40,000 in the early hours of Wednesday for the first time in six weeks.
Bitcoin’s price hasn’t yet recovered to pre-Monday levels of $47,000, but it has slowed its decline after buyers jumped on the Bitcoin “sale” below $40,00, pushing the price back above $42,000.
When prices rose from $28,000 to $52,000, prominent crypto researcher Michael van de Poppe says no substantial reverse was. As a result, in September, which is often a correction month, Bitcoin is correcting itself by 25%.
Vitalik Buterin, the founder of Ethereum, will be honored in a new NFT collection.
The creator of Ethereum will be honored with a non-fungible (NFT) collection called “The Vitaliks,” which will debut today, September 21, 2021.
Buterin’s “unique” vision will be “brought to the NFT space,” according to the initiative. There will be 6,969 Vitalik Buterin NFTs in the collection. Like those in earlier collections, every item will be unique, with its own set of features and trades.
As a result, the Ethereum creator will “forever live on the blockchain.” The collection is a dedication to Vitalik Buterin’s contribution to community building and innovation. The project’s crew said.
The project intends to establish a Metaverse around “The Vitaliks” in addition to the 6,969 NFTs in the collection. The items feature varied hats, hairs, skins, and other accouterments, as seen below, making them one-of-a-kind.
Ripple’s pre-clearance data dispute appeal has been “DENIED.”
The court denied Ripple’s Motion to Compel the SEC to submit documentation indicating the SEC’s trading preclearance determinations of SEC workers’ transactions in Bitcoin, Ether, or XRP, as well as annual certifications about SEC employees’ XRP holdings, in the latest update to the XRP dispute.
#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Defendants’ request for documents reflecting the SEC’s trading preclearance decisions with respect to SEC employees’ transactions in bitcoin, ether, or XRP, and annual certifications concerning SEC employees’ XRP holdings is DENIED. pic.twitter.com/8vGorDaEs2
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) September 21, 2021
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