Your daily dose of Crypto
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Your daily dose of Crypto

<!-- SC_OFF --><div class="md"><h1>Your daily dose of Crypto</h1> <ol> <li>The total market cap has risen 2.8% in the last 24 hours and stood at $2.23 trillion.<br/></li> <li>BTC blasts past $50k for the first time since May, amidst increasing adoptions and bullish momentum. Whereas, ETH has risen 2.8% in the last 24 hours and is testing resistance at $3.4k.<br/></li> <li>Alts such as DASH, RUNE, AMP, TEL, XMR saw a double digit rise in price in the last 24 hours.<br/></li> <li>PayPal has launched crypto services in UK. Users can now buy, sell and hold BTC, ETH, BCH and LTC. <a href="https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-paypal-uk-price-buy-crypto-b1907031.html">link</a><br/></li> <li>Binance Singapore has hired a former chief regulator of Singapore exchange, Richard Teng, to lead its regional operations. <a href="https://www.bloomberg.com/news/articles/2021-08-23/crypto-bourse-binance-confirms-ex-sgx-executive-as-singapore-ceo">link</a><br/></li> <li>Centre Consortium has announced that stable coin USDC will revert to be backed by cash and short-term US treasuries. <a href="https://www.centre.io/blog/usdc-reserves-composition">link</a><br/></li> <li>Iran has announced to revert the ban on legal crypto mining from Sept 22. Earlier in May, Iran had banned mining due to increasing pressure on its power grid. <a href="https://financialtribune.com/articles/business-and-markets/109873/authorized-cryptominers-to-resume-operation-in-autumn">link</a><br/></li> <li>American rapper Tyga has announced to launch an OnlyFans competitor Myystar, in which creators will have the ability to sell their content as NFTs on the Ethereum blockchain. <a href="https://allhiphop.com/news/tyga-deletes-onlyfans-account-set-to-launch-myystar-platform/">link</a><br/></li> <li>VISA has purchased a <a href="https://www.larvalabs.com/cryptopunks/details/7610">CryptoPunks NFT</a> for 49.5 ETH. It quoted to add this to its collection of historic commerce artefacts. <a href="https://usa.visa.com/visa-everywhere/blog/bdp/2021/08/18/nfts-mark-a-1629328216374.html">link</a></li> </ol> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Aegontarg07"> /u/Aegontarg07 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p9z44b/your_daily_dose_of_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/p9z44b/your_daily_dose_of_crypto/">[comments]</a></span>Kind Regards R
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