Shiba Inu skyrockets 355% in a week
Today SHIB token is the 20th-biggest by market value (above $10 billion) and has increased in its value by ~355% during past week. Elon Musk played not a minor role in the SHIB token pump, because of his latest tweet about his own puppy.
Ukraine has decided to introduce a tax rate on profits from operations with cryptocurrencies
The Ukrainian deputies were presented with a draft law on the income tax on cryptocurrencies, as reported by the president of the Blockchain Association of Ukraine (BAU).
Ethereum is strengthening its position in the cryptocurrency investment market
As it is known from the report of the investment bank JPMorgan, the volume of investments in Ethereum has already exceeded investments in Bitcoin. This is due to the development of Vitalik Buterin's startup, in particular the DeFi and NFC protocols, which are used at the heart of the Ethereum Blockchain.
Mining in Russia can be equated with entrepreneurship
At the Moscow Financial Forum on Entrepreneurship, an initiative was announced to include mining in the register of types of entrepreneurial activity.
The Bitcoin rally triggered the growth of three altcoins
Bitcoin as the leader of the cryptocurrency market, in the event of a rise or fall in the exchange rate, entails a change in the exchange rate of "old" coins. Recently, Litecoin, Bitcoin Cash and Stellar confirmed this rule.
Which cryptocurrency to buy in September?
While a few cryptocurrencies reached impressive price points, such as Bitcoin, which gained a foothold above $ 50,000, as well as Ethereum, which grew to $ 3,800, we closely monitored promising altcoins, as well as those that can grow in price many times in the future, but now are quite suitable for purchase due to their low cost.
The XRP cryptocurrency showed an increase of 10%
The XRP cryptocurrency was trading at $0.98402 on Thursday, with changes of 10.24% during the day.
Almost $100 million worth of digital coins were burned on the Ethereum network during the week
On August 5, the London update was released, which launched a mechanism for burning part of the transaction fees. Now, an average of 3.23 ETH is destroyed per minute. In seven days, 31.8 thousand ethers were destroyed with a total cost of 99.2 million dollars.