Altcoin News to Follow This Week (October 4)

The crypto money market entered the new week by maintaining the effects of the rise that started last week.

Bitcoin (BTC), which continues to change hands above $ 47,000, has a 41% dominance in the market.

For the altcoin market that represents the remaining portion, developments on Ethereum, Ripple, Stellar, Monero, PancakeSwap, Chiliz, IoTeX, JOE, AntiMatter, Nectar, Ringx, SingularDTV, Pancake Bunny and Beta Finance can be followed this week.

BONUS: Bitcoin (BTC)

  • Opening price of the week: $47,950


  • Why to follow: Liquid Network, a Bitcoin sidechain, is on this date. DynaFed, its biggest update yet will live. Liquid Network developer Blockstream expects this to have positive repercussions in terms of decentralization, security and flexibility.

Ethereum (ETH)

  • Opening price of the week: $3,376 dollars

  • This week’s news: In the Ethereum ecosystem The Merge work is progressing.

  • Why to follow: Nethermind has started doing the work planned for The Merge. The necessary installer Users can participate in test studies.

Ripple (XRP) and Stellar (XLM)

  • Opening price of the week: $1.04 and $0.30

  • This week’s news: October 5-6 in New York Future of Fintech event will be held.

  • Why to follow: Representatives from banks such as Barclays, BBVA, and JPMorgan will attend the event, along with Ripple’s CTO David Schwartz and Stellar Development Foundation’s Mark Heynen.

Monero (XMR)

  • Opening price of the week: $258.09


  • Why to follow: This interface, which is a first for the Monero ecosystem, offers users the opportunity to make atomic swaps between XMR and BTC. The Monero community had implemented this feature on the mainnet over the summer.

PancakeSwap (CAKE)

  • Opening price of the week: $19.30

  • This week’s news: PancakeSwap, which established its own NFT marketplace at the end of last month, Pancake Squad It is set to go on sale on October 7th.

  • Why to follow: The Pancake Squad collection will contain 10,000 NFTs, each with different features.

Chiliz (CHZ)

  • Opening price of the week: $0.28

  • This week’s news: Alanyaspor’s fan token will be offered on October 4 through the Socios application.

  • Why to follow: Within the scope of the FTO, where a total of 200,000 tokens will be put up for sale, the unit price of ALAs will be 10 liras.

IoTeX (IOTX)

  • Opening price of the week: $0.06

  • This week’s news: Node operators in IoTeX to switch to mainnet v1.4 by October 11 is requested.

  • Why to follow: This update, released at the end of September, increased the synchronization speed of blocks and brought improvements to the error reporting system.

JOE (JOE)

  • Opening price of the week: $2.78

  • This week’s news: JOE, who recently joined Avalanche Rush, Banker Joe It plans to open this week.

  • Why to follow: The launch date of the Banker Joe program is October 4th. although it is announcedIt was stated that some additional inspections will be made after the problem in the Compound protocol.

AntiMatter

  • Opening price of the week: $0.83

  • This week’s news: The AntiMatter team plans to launch the mainnet on Oct. is planning.

  • Why to follow: At launch, four blockchains will be launched simultaneously: Arbitrum, Avalanche, Binance Smart Chain, and Ethereum.

Nectar (NEC), RINGX (RINGX), and SingularDTV (SNG)

  • Opening price of the week: $0.079, $0.027, and $0.0004

  • This week’s news: Cryptocurrency exchange Bitfinex has announced a delist for these three altcoins published.

  • Why to follow: Bitfinex customers will not be able to trade with NEC, RINGX and SNG after 13:00 on October 5th.

Pancake Bunny (BUNNY)

  • Opening price of the week: $4.58

  • This week’s news: The Pancake Bunny team is set to set up Gnosis’s multi-signature wallet this week. getting ready.

  • Why to follow: Based on smart contract technology, Gnosis Safe is currently used by many projects on the Ethereum network for security purposes. The Gnosis Safe team according to the description Although there is no official version, this wallet can also be used on Binance Smart Chain.

Beta Finance (BETA)

  • This week’s news: Beta Finance is the twenty-first of Binance Launchpad. it was a project.

  • Why to follow: Binance customers will receive a BETA after a preparation period until October 8th. to subscribe can start.

Token 2049

  • This week’s news: The event, called Token 2049, will be held in London from 7 to 8 October.

  • Why to follow: Emin Gün Sirer, founder of Ava Labs, Aleksander Larsen, co-founder of Axie Infinity, as well as representatives of many different DeFi projects, investment companies and stock markets will attend the event.

*The opening price of the week is based on data transmitted by CoinGecko as of 09:00 on Monday.


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