Bitcoin updates.
Hi everyone ,Hope you all are good,
3rd October,2022
lets start,
Early on October 1st, cryptocurrency prices were negative. $942.24 billion is the market cap of all cryptocurrencies, down 0.01 percent from the previous day. $79.05 billion has been traded on the cryptocurrency market in the last day, an increase of 13.18 percent.
DeFi's total 24-hour volume is $3.98 billion, or 5.03 percent, of the total crypto market volume. Currently, the total volume of stable coins is $64.37 billion, accounting for 81.43 percent of the 24-hour volume of the entire crypto market.
With a market share of 39.51 percent, the price of Bitcoin is currently Rs 16.49 lakh. According to data from CoinMarketCap, this represented a daily increase of 0.10 percent.
In recent cryptocurrency news, bankrupt cryptocurrency lender Celsius Network stated that borrowers are not required to return such loans and that the company is not attempting to enforce payment obligations for outstanding loans during its Chapter 11 proceedings. In a document submitted to the US Bankruptcy Court for the Southern District of New York, the corporation said that no interest or penalties would be applied after the loan's maturity.
With estimated assets and liabilities between $1 billion and $10 billion, as well as more than 100,000 creditors, New Jersey-based Celsius filed for bankruptcy in July.
For the first time in over a week, Bitcoin surpassed $20,000 on Tuesday as cryptocurrencies and other risk-sensitive assets rose in Asian trade.
By market value, bitcoin, the most valuable cryptocurrency, was up more than 5% at $20,286. Ether, the second-largest, increased 4% to a one-week high of $1,389 in value.
The dollar weakened marginally in the overall market after reaching new highs on Monday.
Cryptocurrency acceptability is at an all-time high, and marketplaces are growing around the world. Both opportunity and vulnerability result from this. Other countries are attempting to regulate virtual currencies, and El Salvador and other countries have started to accept Bitcoin as legal cash. The future of cryptocurrencies in relation to governments is uncertain, thus there is a lot of conjecture about their regulation.
Although it may appear appealing and exciting to avoid rules and substantial taxes on payments, there is a lot of uncertainty over the, which can make choosing an investment strategy difficult.
We provide a list of standards that can assist investors in locating the next major cryptocurrency project and preventing fraud.
What benefits is the project offering to investors?
Spend some time learning more about the services or goods that your potential investment offers before taking part in an initial coin offering (ICO) or token sale. Hundreds of blockchain technology applications are used in a variety of industries, including international remittances, fintech firms, energy management, and supply chain management.
The path to complete integration
According to the roadmap, the website of AnetaBTC should have the BTC wrapping protocol fully integrated by the second half of 2019. The project wants to grow on other networks, especially Ethereum and Algorand. Then, with these other projects, introduce its token-backed stablecoin.
Despite the fact that there are a number of workarounds, there are presently no Bitcoin solutions on the Ergo and Cardano networks. According to AnetaBTC's Q4 2022 timeline, once the ability to cancel staking is made available, the company will start its cNeta staking by the end of this week.
Before the end of this quarter, the project intends to launch its wrap testnet on the Ergo network, and it will launch its bug bounty programme on the Ergo network in the market.
In order to encourage community developers to test and uncover issues in its wrapping protocol, it also wants to open source its smart contracts. However, this open sourcing endeavour won't start until the internal testing of its final smart contracts is finished.
Once it completes the aforementioned key tasks, the AnetaBTC team is certain that it will be able to realise its goal of becoming a completely decentralised project. With a fully decentralised protocol, the community decides everything the project hopes to accomplish. It underlines that as things develop, this roadmap may alter.
However, the neighbourhood will be informed of any such modifications. According to the blog post, AnetaBTC takes caution when developing new software to ensure user satisfaction, security, and accuracy. . According to statistics from Coinmarketcap, the AnetaBTC coin has decreased 9.71 percent over the past day and is currently trading at $0.067.
thanks for reading,