Wednesday, September 30, 2020

Will BTC test $3k again? Demand for blockchain developers has increased by 700% – Crypto In-Shorts

The Takeaway:

Are you tired of scouring the web for the latest crypto-updates? Enter the world of Crypto In-shorts on Chaintimes and find all you need!

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Crypto bulletin

Sun wants to postpone Lunch with Buffet, and partner with Yang

TRON’s CEO, Justin Sun, announced the postponement of his $4.6 million lunch with Warren Buffet in a Youtube live stream. Sun also explained his intentions to partner with Andrew Yang, a Democratic presidential candidate for 2020.

 

Blockchain developers’ demand has increased by 700% in India: Research

Research suggests a 700% increase in the demand for blockchain developers in India. Applancer reports the employment of 3,000 and 3,500 blockchain engineers in the non-banking finance companies and the public sector, respectively. 

 

BTC to test $3k again: Analysts

Analysts, taking into account the recent dip to $8,000, suggest that BTC could retest $3,000 support before ascending. 

 

Bitcoin Price

Current Bitcoin Price – $8,447.13

Yesterday, Bitcoin opened at a price of $8,603.43. The fluctuations drove it to the lowest value of $8,325.40 and the highest value of $8,744.83 in 24 hours. Bitcoin closed at $8,486.99 and saw a decrease of 1.35% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 56.46%.

 

Ethereum Price

Current Ethereum Price – $169.73    

Yesterday, Ethereum opened at $168.13. The fluctuations drove it to the lowest value of $164.91and, the highest value of $174.72 in 24 hours. Ethereum closed at $170.89 and saw an increase of 1.64% throughout the day.

The crypto coin is still below its all-time high value of $1,432.88 by 87.8%.

 

Ripple Price

Current Ripple Price – $0.247368    

Yesterday, Ripple opened at $0.235483. The fluctuations drove it to the lowest value of $0.234906 and the highest value of $0.248962 in 24 hours. Ripple closed at $0.246441 and saw an increase of 4.65% throughout the day.

The crypto coin is still below its all-time high value of $3.84 by 93.51%.

 

Litecoin Price

Current Litecoin Price – $57.05    

Yesterday, Litecoin opened at $55.83. The fluctuations drove it to the lowest value of $54.25 and the highest value of $58.36 in 24 hours. Litecoin closed at $57.66 and saw an increase of 3.27%throughout the day.

The crypto coin is still below its all-time high value of $375.29 by 84.44%.

 

Cardano Price

Current Cardano Price – $0.039400    

Yesterday, Cardano opened at $0.037610. The fluctuations drove it to the lowest value of $0.036352 and the highest value of $0.040334 in 24 hours. Cardano closed at $0.039396 and saw an increase of 4.75% throughout the day.

The crypto coin is still below its all-time high value of $1.33 by 96.96%.

 

Bitcoin Market Cap

The day ended with $151,697,835,235 for the Bitcoin Market Cap.

 Ethereum Market cap

The day ended with $18,313,365,129 for the Ethereum Market Cap.

 Ripple Market cap

The day ended with $10,656,636,791 for the Ripple Market Cap.

 Litecoin Market cap

The day ended with $3,613,755,229 for the Litecoin Market Cap.

Cardano Market cap

The day ended with $1,021,530,841 for the Cardano Market Cap.

 

Bitcoin Trading Volume

The 24-hour trading volume of Bitcoin – $16,985,011,712    

Ethereum Trading Volume

The 24-hour trading volume of Ethereum – $7,196,177,071    

Ripple Trading Volume

The 24-hour trading volume of Ripple – $1,400,602,380    

Litecoin Trading Volume

The 24-hour trading volume of Litecoin – $2,565,558,323    

Cardano Trading Volume

The 24-hour trading volume of Cardano – $101,818,643

Whale alerts

Crypto enthusiasts beware of these whales

  1. 25,000,000 USDC ($24,758,746) transferred from USDC Treasury to an Unknown wallet. Transaction ID: 0x0aa3e42972bbb1e10337638ef8fb7567047a2bf391c87be217b0f5aa592243dc
  2. 2,200 BTC ($19,177,324) transferred from an Unknown wallet to Binance. Transaction ID: 0c954f599dc7dd1eac52262f509eec3eec7c763f8423fc7322871e03455491b2
  3. 1,400 BTC ($11,958,615) transferred from Binance to an Unknown wallet. Transaction ID: cec2daeb9cae46174012822d673fe0c2f919d370cce97aeffb76e09f1568927d

Crypto controversy

Redditors share their feelings on buying the dip

How are you gonna buy the DIP? 🤦🏻‍♂️ from r/Bitcoin

“I bought the dip”( fixed) from r/Bitcoin

What to expect today?

 Bitcoin is trading at $8,400 above the support level of $8,300. Analysts suggest a further dip in price if this downward correction continues. Will bulls pull BTC out of this slump?

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Disclaimer: The article reflects the opinions of the author and is not representative of Chaintimes’ views.
The article does not offer any investment advice. User discretion is advised when investing in or trading with cryptocurrency. Extensive and diligent research should be carried out by the reader before making a decision.

William Botello
William Botello
William is a market research coordinator who believes that blockchain technology and cryptocurrencies can revolutionize the financial landscape. He completed his studies in Arts and Sciences from Arizona State University.

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