Podcast: Embed
Altcoins experience a 35% increase after Bitcoin reclaims $43,000
After ETH reaches $3,000 and Bitcoin bulls take control of $43,000, LPT, COTI, and AXS lead altcoins higher. After falling below $40,000 on September 21; Bitcoin (BTC) is presently trading above $43,300, and Ethereum (ETH) has reclaimed the $3,000 mark. Altcoins have also made a strong comeback, with many recording gains of up to 15% at the time of writing.
Robinhood has confirmed that a crypto wallet functionality would be available on the app beginning in October
The business did not indicate which tokens would be supported by the digital wallet; but the app presently offers commission-free trading for BTC, ETH, LTC, BCH, BSV, DOGE, and ETC. Robinhood, a trading software, has started a queue to test a crypto wallet allowing customers to store their tokens.
The NFT project collaborates with an Afghan group to help women gain access to education
Bookblocks.io; a non-fungible token firm; has teamed with a New York-based group to help women in Afghanistan; gain access to education in the aftermath of the Taliban takeover. Bookblocks.io stated on Oct. 5 that it would issue a non-fungible token, or NFT, with the proceeds going to Women for Afghan Women.
Avalanche recovers from Evergrande-led sell-off, with AVAX rising more than 30%
The rapid rebound in the Avalanche market is vulnerable to fatigue as the price creates a bearish wedge pattern. Avalanche (AVAX) prices rose on September 22; recouping some of the losses that rocked cryptocurrencies earlier this week; fueled by concerns about potential contagion in China’s property sector.
eToro contributes $1 million to the GoodDollar universal basic income project
Crypto-focused nonprofits are on the rise. eToro; a cryptocurrency trading platform, has pledged $1 million to the GoodDollar universal basic income protocol; strengthening the nonprofit’s efforts to close the global wealth gap using DeFi and smart contract technologies.