Gate.io Blog: Gate.io Weekly Newsletter: Global Cryptocurrency Market Capitalization Continues to Soar_ Vitalik Buterin Believes that NFT is Ethereum’s Most Surprising Use Case

Anúncios Gate.io Blog: Gate.io Weekly Newsletter: Global Cryptocurrency Market Capitalization Continues to Soar_ Vitalik Buterin Believes that NFT is Ethereum’s Most Surprising Use Case

2021-09-03 09:27:28 UTC 42460 Lido

[Introduction]: This week, the cryptocurrency market has diverged in the trend. The price of cryptocurrencies such as BTC remained stable in a sideways trend during the week, still fluctuating slightly around the 20-day moving average. The second-generation public chains represented by ETH saw a price spike this week. On the 1st, the price of ETH rose by $399.06 in a single day, soaring from $3,428.86 to $3,827.92, a one-day increase of 11.64%. Thanks to the renewed strength of the DeFi project, the price of ETH successfully broke through the upper limit of the Bollinger band, achieving an upgrade in the price range. Currently, the total locked position of DeFi project on Ethereum has returned to the pre-May level. After the price surge on the 1st, the spot price of ETH has also entered a sideways adjustment phase, with the price currently stabilizing at around $3,800. If the DeFi lockup continues to increase, the ETH price may rise further.

[Key words]: BTC, Axie Infinity, Ethereum, DeFi (decentralized finance), DeFi lock-up volume

Click here to read: [Hot Spots]: Poly Network Heist — Alarm Bells in DeFi Security

Gate.io Blog

As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home.

We invite you to experience and bookmark this blog, in order to get essential investors tips.

Website: https://www.gate.io/en/blog/bloglist
*App will be launched soon, please keep an eye out for it!

Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage.

Gate.io Blog will be updated at regular intervals. Stay tuned!

Gate.io is a Cryptocurrency Trading Platform Since 2013

Top ranking, Trustworthy, Transparent

Sign up to enter the crypto gateway and get 40% commission from referrals

Download iOS/Android App right now.

Follow us on social media

Twitter: https://twitter.com/gate_io

Telegram：https://t.me/gateio

Instagram：https://www.instagram.com/gateioglobal

Medium：https://medium.com/@gateio

Gate.io Team

Sep. 3rd, 2021

Selecionar idioma e região

Moedas Fiat