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- Published: September 30, 2021 14:53
Top cryptocurrency news on September 30: Bitcoin up more than 2%, and other major stories
1) Major Cryptocurrencies Trading In The Green Today:
All the major cryptocurrencies in the financial world are trading in the green on Thursday. Besides, the worldwide cryptocurrency market capitalisation is at $1.9 trillion, which was 3.69% up in the last 24 hours. Currently, the price of Bitcoin is Rs 33.5 lakh, and its dominance is 42.56%. It has undergone an increase of 0.09% throughout the day.
2) Vadham, Indian Tea Brand Launches Its First NFT Collection:
India’s digitally-based wellness brand, majorly operating in tea sectors, recently launched its first NFT collection, auctioning 10 exclusive-edition pieces of animated artwork as NFTs (Non-fungible tokens). The NFT, called “Vadham India’s Ticket To Mars” rights the users to a 1080×1080-pixel 35 seconds video file based on the OpenSea, a trading NFT marketplace platform starting at 0.015 ETH and can be purchased using crypto only. It will also enable the customers to gain $100 e-gift voucher.
3) A Ban On Cryptocurrency By China:
People’s Bank of China (PBOC) noticed a significant rise in cryptocurrency transactions in recent times. However, these transactions are used in illegal means such as “money laundering, illegal fund-raising, fraud, pyramid schemes, and other illegal and criminal activities.” China claimed that these practices will cause a threat not only to private property but also to national security and social stability. As a result, PBOC and other regulatory bodies have issued a notice for clean-up and rectification of the activity.
4) What Is ‘Cannabis Token?’
$Cannabis, the industry token for the legal cannabis sector will now be listed on the decentralised exchange KingSwap on October 5. Interestingly, 210,000,000 $Cannabis are currently in circulation out of the total 420,000,000,000 tokens. Besides, KingSwap is a DeFi project based in Singapore that provides a high-yield liquidity platform with flat conversions, extensive stalking rewards, and digital collectibles.
5) Switzerland Markets Supervisor Approves First Crypto Asset Funds:
Switzerland’s financial markets supervisor has approved the fund that invests in crypto assets. This is the first crypto asset in the country. Crypto assets are based on blockchain or distributed ledger technology. In a statement, the Swiss Financial Market Supervisory Authority (FINMA) mentioned that the Crypto Market Index Fund is confined to qualified investors and classified under “other funds for alternative investments” with particular risks.