Bitcoin and altcoin investors keep the developments in the cryptocurrency space on their radar. Network and ecosystem innovations are increasing the use cases of altcoin projects. In addition, new exchange listings expand the reach of cryptocurrencies. In this article, we will cover the latest developments that will affect 17 altcoins. Here are the details…
Today, important for 17 altcoins
- Exchange Crypto.com (CRO) has partnered with COPA90 for “The Impossible Challenge” for the FIFA World Cup.
- Mintable, an NFT marketplace built on Ethereum, has launched support for the XRP Ledger.
- Coinbase lists Lido DAO (LDO) at 20 CET today.
- MakerDAO (MKR) has announced that it has accelerated DAI transfers and withdrawals with its new Maker Teleport technology. It will also be available on Maker Teleport, Arbitrum and Osmosis networks.
- VeChain (VET) will perform its PoS 2.0 hard fork today.
- Conflux (CFX) has announced that it will hard fork the network.
- DSLA Protocol (DSLA) is launching its NFT collection called DSLA Astromancers. The collection consists of 10,000 avatars.
- NEAR Protocol (NEAR) held a question and answer event on Twitter Spaces.
- DAO Maker (DAO) has announced that the public sale process for PRIMAL SHO will begin today, at 16:00 CET.
- Akash Network (AKT) will launch mainnet 4 for V0.18.0 today at 21.13 CEST.
- Bridge Oracle (BRG) will hold a joint question and answer event with one of its partners, Lifelabs. The event will take place at 17 CEST.
- Livepeer (LPT) will hold a broadcast where it will explain the progress of the project.
- Zignaly (ZIG) will hold a question and answer event on Twitter Spaces at 20 CET.
- MEXC Global lists PREMA (PRMX) in USDT pair at 15:00 CET.
- Dock (DOCK) will hold a question and answer event on Youtube at 20 pm.
- Centrifuge (CFG) will hold a community meeting today.
- Perpetual Protocol (PERP) will open an office in the metaverse called Atlantis Qorld.
What is the latest situation in the market?
As we have also reported as Kriptokoin.com, Bitcoin (BTC) has not been able to exceed $ 17,000 for a while. The primary cryptocurrency was flying high before the FTX drama surfaced last week. It even hit a multi-week high, surpassing $21,500. However, given everything that has happened this year, it seemed almost inevitable that the asset would eventually fall back.
The collapse of the once third-largest cryptocurrency exchange has brought much more negativity to the market. Therefore, Bitcoin dropped to $ 15,500 for the first time in nearly two years. The bulls even tried to intervene at this moment and pushed BTC upwards. However, more than $17,000 could not go. Even that level failed to hold up yesterday when the UK announced its highest inflation rate in nearly 40 years at 11.1 percent.
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