CoinMarketCap published this video item, entitled “Tether Fined $41 MILLION and NBA Top Shots SURGE [ October 18, 2021 ]” – below is their description.
For more information about crypto and today’s stories, just Ask Alex: https://CoinMarketCap.com/Alexandria/
🔵 CoinMarketCap Daily Timestamps:
0:00 Steam Bans Blockchain-Based Games
However, it isn’t all doom and gloom, with rival platforms indicating that they are willing to step into the breach to ensure crypto-focused titles can be distributed.
The online game platform Steam has announced that it no longer allows blockchain-based games. This means that any application that issues or allows the exchange of cryptocurrencies or non-fungible tokens is forbidden.
https://coinmarketcap.com/alexandria/article/steam-bans-blockchain-based-games
1:11 NBA Top Shot Surges as Retro Moments released
Enthusiasts have been vying to get their hands on a range of NFTs that vary from common to legendary, featuring legends including LeBron James and Shaquille O’Neal.
NBA Top Shot has seen sales volumes surge by 144% in the past seven days, data from CryptoSlam! Reveals. A total of 34,197 buyers and 320,293 transactions have been confirmed in the marketplace over this period, meaning the collection is No. 7 in terms of sales.
https://coinmarketcap.com/alexandria/article/nba-top-shot-surges-as-retro-moments-released
1:48 Bitcoin Achieves Highest Weekly Close Ever
The resilient end to a bullish week of market activity was made all the more impressive by how BTC slumped from $60,943 to lows of $59,164 in the space of two hours last night.
Bitcoin has managed to achieve its highest weekly close ever, as feverish speculation grows that record prices could be seen this week. CoinMarketCap data shows that the world’s biggest cryptocurrency ended Sunday with a value of $61,217. A close above $60,000 has only happened once before.
https://coinmarketcap.com/alexandria/article/bitcoin-achieves-highest-weekly-close-ever
2:35 Four-Year-old girl Makes big Profits from Bitcoin
Brazil has a national holiday called Children’s Day, where doting parents shower their kids with presents.
Back in 2017, a crypto entrepreneur wanted to do something special for his newborn daughter. João Canhada decided to purchase a whole Bitcoin — worth about $915 at the time.
https://coinmarketcap.com/alexandria/article/four-year-old-girl-makes-big-profits-from-bitcoin
3:19 Tether Fined $41M over ‘Misleading Statments’
According to the Commodity Futures Trading Commission, USDT was not fully backed by U.S. dollars across a period from June 2016 to June 2019.
According to the Commodity Futures Trading Commission, USDT was not fully backed by U.S. dollars across a period from June 2016 to June 2019. Tether is a stablecoin that’s designed to be worth $1 — and at the time, the issuer said every USDT in circulation had “the equivalent amount of corresponding fiat currency” that was “safely deposited in its accounts.”
https://coinmarketcap.com/alexandria/article/tether-fined-41m-over-misleading-statements
🔔 Subscribe to not miss tomorrow’s crypto news alerts!
🔵 Coin Market Cap is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.
Founded by Brandon Chez in May 2013, CoinMarketCap or CMC has quickly grown to become the most trusted source by users, institutions, and media for comparing thousands of crypto assets and is commonly cited by CNBC, Bloomberg, and other major news outlets.
📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS
🤝 Join CoinMarketCap!
Follow CoinMarketCap on social!
https://twitter.com/CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
📩 Subscribe to our Newsletter!
CoinMarketCap YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
