Bitcoin opened the new week by trading above $62,500, and the total value of the cryptocurrency market rose to over $2.6 trillion.
According to CoinGecko data, the altcoin market accounts for about 55% of the market against bitcoin’s $1.17 trillion market cap.
In this market, developments on Ethereum, Solana, Terra, Chainlink, Cosmos, VeChain, Crypto.com, PancakeSwap, Stacks, Spell Token, Zilliqa and Lazio Fan Token throughout the week to follow it could be.
BONUS: Bitcoin (BTC)
- Opening price of the week: $62,495
- This week’s news: ProShares is set to set up an exchange-traded fund that will invest in bitcoin futures contracts.
- Why to follow: The fund, which is expected to appear on NYSE Arca with the code $BITO, may be the first exchange-traded fund in the US to be linked to cryptocurrencies.
Ethereum (ETH)
- Opening price of the week: $3,885
- Why to follow: Vitalik Buterin from the Ethereum community and many others have come together for Amphora this month and are still in development. The Merge tested it. During the Amphora period, researchers continue to work to solve the problems with The Merge and to prepare a new testnet in a few weeks.
Left (LEFT)
- Opening price of the week: $160.87
- This week’s news: Solana Foundation, as a result of negotiations with several different data centers around the world Server Program made its presentation.
- Why to follow: Node operators have access to server services provided by Equinix, Lumen, and Stackpath under this publicly available program. with monthly contracts can access.
Terra (Luna)
- Opening price of the week: $36.82
- This week’s news: Voting of the 128 coded bill opened for voting at Terra Station is on October 21. will end.
- Why to follow: This proposal aims to connect Terra to other projects in the Cosmos ecosystem using the Inter-Blockchain Communication (IBC) protocol.
Chainlink (LINK)
- Opening price of the week: $26.42
- This week’s news: Chainlink is launching its “biggest ever” hackathon on October 22.
- Why to follow: The hackathon, in which not only experienced but also newly acquainted developers with blockchain technology can participate, will continue until November 28 and a total of 400,000 dollars will be awarded.
Cosmos (ATOM)
- Opening price of the week: 32.36 dollars
- This week’s news: cosmos community, Cosmos Signal Waiting for the announcement about it.
- Why to follow: ‘Cosmos Signal’, which the Cosmos team has not yet shared details about, will be announced on October 19.
VeChain (VET)
- Opening price of the week: $0.12
- This week’s news: For the future of the SURFACE update pop up vote It will end on October 18 at 17:00 Turkish time.
- Why to follow: In order for the update to be implemented at the mainnet level, a positive result must be obtained from this vote. If enough votes are received, VIP-193 will begin to be implemented.
Crypto.com Coin (CRO)
- Opening price of the week: $0.18
- This week’s news: The launch of Cronos’ mainnet will take place on October 19.
- Why to follow: Developers will be able to migrate decentralized applications from Ethereum and other EVM-compatible chains to Cronos almost instantly. Developed with the goal of scaling the decentralized finance ecosystem, Cronos will run parallel to Crypto.org Chain.
PancakeSwap (CAKE)
- Opening price of the week: $19.79
- This week’s news: It has been announced that there may be a delay in the CAKE burning process of PancakeSwap.
- Why to follow: In the statement made by the PancakeSwap team, “Due to stability issues on Gnosis’s Binance Smart Chain node, the final burn may take place tomorrow.” it said.
Stacks (STX)
- Opening price of the week: $2.68
- This week’s news: Arkadiko Finance plans to launch its mainnet on October 21.
- Why to follow: Arkadiko Finance users will be able to use it to collateralize their STX and borrow money in a stablecoin called USDA.
Spell Token (SPELL)
- Opening price of the week: $0.019
- This week’s news: Cryptocurrency exchange OKEx added Spell Token to the stock market last week.
- Why to follow: Users of the exchange will be able to withdraw SPELLs from their wallets to non-OKEx wallets from October 18.
Zilliqa (ZIL)
- Opening price of the week: $0.09
- This week’s news: The Zilliqa community has until October 20 to submit a new proposal regarding the administration of the gZil treasury. can vote.
- Why to follow: Your proposed proposal “Not only does it increase the value of gZil, it also improves the liquidity and stability of gZil” is stated.
Lazio Fan Token (LAZIO)
- This week’s news: Lazio Fan Token will be the twenty-second project of Binance Launchpad.
- Why to follow: Binance users who subscribe to the project will be able to receive LAZIO tokens for $1 each during the distribution on October 21.
Lisbon Blockchain Week
- This week’s news: Lisbon Blockchain Week starts on October 18 and will run until the end of the week.
- Why to follow: At the event where Aave, Avalanche, Ethereum, 1inch, Filecoin and many more communities will be represented, topics such as blockchain, metaverse, Web3 will be discussed.
*The opening price of the week is based on data transmitted by CoinGecko as of 09:00 on Monday.