Brief rundown of cryptocurrency news
Bitcoin experiences fluctuations
In the past couple of hours, Bitcoin has experienced fluctuations in its worth. While it initially dipped to a value of $43,600, it quickly regained some of that loss and is currently sitting around $44,300.
Ethereum sees growth
On the other hand, Ethereum has been experiencing growth, with its value rising above the $3,100 mark in the past 24 hours.
Tether remains stable
Tether remains stable, with its value staying consistent at $1.
Cardano projects expand
Cardano, the blockchain platform, is showing promise as many projects are being built on its network. Control, a decentralized identity solution, is one of the notable ones.
XRP sees slight decline
XRP, on the other hand, has seen a slight decline in its value over the past couple of weeks, dropping from over $1.10 to around $1 as of the time of writing.
Solana launching new program
Solana is launching Breakpoint, a new program designed to bring together decentralized finance and industry groups to create communities of interest.
Dogecoin loses value
Dogecoin, the satirical cryptocurrency created as a joke in 2013, has lost some value over the past week, currently sitting at around $0.246.
Polkadot’s parachain completes crowdloaning
Manta Network, a project built on Polkadot’s platform, successfully completed its crowdloaning event. Polkadot aims to become a multi-blockchain network as it seeks to address issues with scalability.
Avalanche welcomes Liquity Protocol
Liquity Protocol, a decentralized borrowing and lending platform, has announced it will be launching on the Avalanche platform.
These are the most noteworthy news pieces in the world of cryptocurrencies today.
[h/t James Van Straten]