CRYPTONAIRE WEEKLY MAGAZINE 198TH EDITION IS OUT NOW
The #1 CRYPTO TRADING MAGAZINE
Despite the slight downturn, the institutional adoption of Bitcoin continues to increase. Filings with the United States Securities and Exchange Commission show that four wealth management firms have bought shares in Grayscale’s Bitcoin Investment Trust.
A survey of about 42,000 people in 27 countries by product comparison website Finder showed a high adoption rate in Asia. Among the countries polled, Vietnam had the highest adoption rate at 41%, while India and Indonesia had a 30% adoption rate.
OUR BLOG ARTICLES FOR THIS SPECIAL ISSUE ARE BEATBIND: IRONING OUT MUSIC INDUSTRY’S BIGGEST BLOCKERS WITH BLOCKCHAIN, MINING WATCHDOG: PEER-TO-PEER CRYPTO INVESTING PLATFORM, MAXIMISE THE RETURN ON YOUR CRYPTO INVESTMENTS WITH GSX TOKENS FROM SECURITY OF GOLD, FERRUM NETWORK’S ADOPTION OF BLOCKCHAIN & CROSS-CHAIN TOKEN BRIDGE & KAIKEN INU: A FEATURE-PACKED DEFLATIONARY TOKEN WITH REAL USE CASE
Bitcoin will take a big leap on Tuesday as it becomes legal tender in El Salvador. With this step, Salvadorans will be able to use Bitcoin for buying goods and services and also pay for taxes. Ahead of its Tuesday deadline, President Nayib Bukele tweeted that El Salvador had purchased 400 Bitcoin.
Bitcoin bounced off the 20-day exponential moving average (EMA) on September 1, indicating strong buying by the bulls on dips.
The buyers continued their momentum and pushed the price above the 61.8% Fibonacci retracement level at £36,834.35 on September 5. If bulls sustain the price above this level, the BTC/GBP pair could continue its journey toward £42,650. Although the upsloping moving averages favor the bulls, the negative divergence on the relative strength index (RSI) indicates that the bullish momentum may be slowing down.
Lastly please check out the advancements happening in the cryptocurrency world. Enjoy the issue!
Featuring in this weeks Edition:
CRYPTO TRADE OPPORTUNITIES
Solana Hits All-Time High as Coin Rises 14% in 24H
$52K Bitcoin price triggers rally in large caps like Litecoin, Stellar and Bitcoin Cash
El Salvador Buys Its First 200 BTC a Day Before Its Bitcoin Law Becomes Effective
94% Financial Industry Pioneers say Digital Assets will Replace Fiat in 5-10 Years: Deloitte Report
INSURACE.IO – THE FIRST MULTI-CHAIN INSURANCE PROTOCOL TO LAUNCH ETHEREUM, BINANCE SMART CHAIN, AND POLYGON.
BEATBIND: IRONING OUT MUSIC INDUSTRY’S BIGGEST BLOCKERS WITH BLOCKCHAIN
MINING WATCHDOG: PEER-TO-PEER CRYPTO INVESTING PLATFORM
MAXIMISE THE RETURN ON YOUR CRYPTO INVESTMENTS WITH GSX TOKENS FROM SECURITY OF GOLD
FERRUM NETWORK’S ADOPTION OF BLOCKCHAIN & CROSS-CHAIN TOKEN BRIDGE
KAIKEN INU: A FEATURE-PACKED DEFLATIONARY TOKEN WITH REAL USE CASE