Bitcoin Closes Close To $ 50,000 As Ethereum’s Vitalik Buterin Gets Time
ONLY 13 DAYS TO GO …
Crypto at a glance
Bitcoin is above $ 48,000 again this morning as the bulls contemplate another chance to break through the psychologically important $ 50,000 mark.
Yesterday the major cryptocurrency held above the $ 46,000 support level, but can it use the level as a stepping stone as we head into the weekend?
Inflation began to weigh on yesterday, rising from 2% to 3.2% in the UK – the biggest monthly increase in recorded history.
Bitcoin’s fixed supply has long been cited as an antidote to the inflationary aspects of fiat money and their declining value – something that has become even more important as governments increase their money supply to counter the impacts of lockdowns. of COVID-19. Will all aspiring Cassandra be right?
Ethereum is the big winner today, gaining 6% in the last 24 hours to hit over $ 3,600. The payoff comes as Ethereum co-founder Vitalik Buterin is named to Time’s “most influential” list. A milestone for crypto?
The Crypto AM London Blockchain & DeFi Summit and the Crypto AM Awards 2021
Day one will be held at ETC Fenchurch Street and will host the four Crypto AM City of London roundtables so that delegates can meet and network with each other and learn from great discussions and discussions.
Day two will be summit day (streaming and live) at the Leonardo Royal Hotel, St Paul’s, ending with the Black Tie Gala Dinner in the same venue where the 2021 Crypto AM Awards winners will be revealed.
For speaking opportunities, partnership packages or attendance (tickets will be strictly limited and on request), please send an email to: [email protected] using the ‘CRYPTOAM SUMMIT’ subject line.
Summit and Award Announcements
2021 Crypto AM Awards judges announced
Crypto AM is delighted to announce Luno as a Gold Partner
Crypto AM is delighted to announce Cudos as a Gold Partner
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Crypto AM is delighted to announce Umbria Network as a Silver Partner
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Crypto AM Daily yesterday in association with Luno
On the stairs
The Bitcoin Economy
* Definitions and information can be found at https://bytetree.com/insights/
Total crypto market capitalization
The total capitalization of the entire cryptocurrency market at the time of writing is currently $ 2,196,202,044,098.
What Bitcoin Did Yesterday
We closed yesterday September 15, 2021, at the price of $ 48,176.35 against $ 47,092,497 the day before. Yesterday’s daily high was $ 48,450.47 and the daily low was $ 46,773.33.
Around the same time last year, the price of Bitcoin closed the day at $ 10,974.90. In 2019, it closed at $ 10,276.79.
Bitcoin market capitalization
Bitcoin’s market cap at the time of writing is $ 910.15 billion. To put it in context, the market cap of gold is $ 11.355 billion and Facebook is $ 1.054 billion.
The total volume of spot transactions reported by all exchanges in the last 24 hours was $ 31,989,406,886, compared to 34,010,724,920 the day before. High volumes can indicate that a significant price movement has stronger support and is more likely to be supported.
Bitcoin price volatility over the past 30 days is 46.41%.
Index of fear and greed
Market sentiment today is 53.
The domination of the Bitcoin market
The dominance of the Bitcoin market today is 41.16His lowest dominance on record was 37.09 on January 8, 2018.
Relative Strength Index (RSI)
The daily RSI is currently 54.41. Values of 70 or more indicate that an asset is becoming overbought and may be ready for a trend reversal or price correction – an RSI reading of 30 or less indicates an oversold or undervalued condition.
Convince Your Nan: Soundbite of the Day
“We think the price will be ten times what it is today, so instead of $ 45,000, [it would be] over $ 500,000. ”
Cathie Wood, CEO of Ark Investment Management (Ark Invest)
What they said yesterday
The future is closer than you think …
In other words: they hold a lot of Bitcoin …
What happens next?
Crypto AM: Editor’s Choice
Cardano Alonzo upgrade sees 100 smart contracts in the first 24 hours
Morgan Stanley to launch new research team led by Sheena Shah
Bitcoin can now be purchased using the Post Office app
Simon Nixon Tells Seek Ventures To Increase Bitcoin Investments
Bitcoin breaks $ 50,000 as Magic Monday gives cryptocurrencies a green start to the week
Gibraltar to host first international post-pandemic crypto event
CV Labs Partnership Launches UK Crypto Firm Evai on Bittrex Global Exchange
Crypto AM: Features
Crypto AM: Spotlight
Crypto AM: Founders Series
Crypto AM: voice of the industry
Crypto AM: Contributors
Crypto AM: In conversation with James Bowater
Crypto AM: The Money of Tomorrow with Gavin S Brown
Crypto AM: Mixing in the Metaverse with Dr Chris Kacher
Crypto AM: Visions of the Future, Past and Present with Alex Lightman
Crypto AM: Tiptoe Through Crypto With Monty Munford
Crypto AM: Remove One Byte From Digital Assets With Jonny Fry
Crypto AM: Parliamentary Special
First part of two – April 2021
Part two of two – April 2021
Five-part series – March 2021
Day two …
Day three …
Day four …
Crypto AM: events
For those of you who missed the 2021 Crypto AM DeFi & Digital Inclusion Online Summit – you can now watch the two-part event via YouTube:
Part one …
It is certainly tempting to get carried away by the excitement, but please heed these warning words: do your own research, invest only what you can afford, and make the right decisions. The indicators in this article will hopefully help you. Remember though, The content of this article is for informational purposes only and does not constitute investment advice or any form of recommendation or invitation. City AM, Crypto AM, and Luno always advise you to get your own independent financial advice before investing or trading in cryptocurrency.
All information correct at 08:00 BST