A summary of the most fascinating articles on cryptocurrencies like Bitcoin, Ethereum and Tether to boost your day off.


1. Bitcoin sets to get back above $30,000

Major cryptocurrencies have healed and are exchanging in the green, with Bitcoin escalating back to over $30,000. The global cryptocurrency platform capitalisation is $1.30 trillion at present. It witnessed an increment of 8.58% in the past 24 hours. Bitcoin is trading at approximately $32,000. It means 7% more high-priced in the past 24 hours. 

2. Market Crash

The cryptocurrency exchange drops nearly $100 billion. The crypto market suffered around $98 billion loss after Bitcoin dropping below $30,000 for the first time ever. The global crypto exchange capitalisation dwindled to $1.2 trillion, a decline of high percentage in the last 24 hours, surveyed from CoinMarketCap. Bitcoin, the world-famous cryptocurrency by exchange capitalisation, was trading at slightly above $29,600, covering 6 per cent lower than the previous day. 

3. Funding For FTX Trading Ltd

FTX Exchange funds raise from $900 to nearly $18 billion estimates.

On Tuesday, FTX Trading Ltd reported its estimate had surged to $18 billion from $900 million funds that included SoftBank Group Corp. It stood to be the top biggest fundraises for a crypto platform. The course saw support from more than 60 investors.

4. Big Story From Tesla

Tesla is liable to affirm Bitcoin. Elon Musk, CEO of Tesla Inc, said at a conference on Wednesday that he would most likely start accepting bitcoin as a mode of payment once it manages to reduce the volume of renewable energy used for crypto mining – Reuters reported.

5. Diamond hands For The CEO

Elon Musk announces his collection on crypto – Bitcoin, Dogecoin, Ethereum. Tesla CEO on Thursday speaks about his cryptocurrency assets. He holds Bitcoin, Dogecoin and Ethereum and also appended that Tesla and SpaceX also own Bitcoin. Musk speaks along with Twitter CEO Jack Dorsey, and Ark Invest CEO Cathie Woodin at the Bitcoin event – The B Word.


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