Bitcoin Consolidates While Altcoins Like Cardano Rise Again, Solana Overtakes XRP To New ATH

A chain reaction of liquidations on surrendered traders probably caused almost all cryptocurrency prices to crash sharply on September 7, the day El Salvador enacted its bitcoin (BTC) law. Nevertheless, the market is already starting to recover quite quickly, at least the prices of the altcoins. There are several significant risers among them today. The total market capitalization dropped to $2.05 trillion yesterday morning, but is now back at $2.20 trillion, an increase of no less than $150 billion in 24 hours.

Bitcoin (BTC)

Bitcoin crashed hard on September 7. The price briefly dipped from around $52,500 to $42,500, but then bounced right back to $47,000. However, it didn’t stop there and bitcoin fell again yesterday morning, briefly diving to $44,000 on several cryptocurrency exchanges. Folm.io has enough information. There, bitcoin again bounces up, but the resistance around 47,000 was again too great. According to on-chain data, the dip was quickly swallowed up by the whales:

Since then, bitcoin has held steady above USD 46,000 and appears to be consolidating around USD 46,500. Volume and volatility are starting to decline sharply, but that’s to be expected after the very strong move this week. Although bitcoin has lost the increase of the past 3 weeks, the price is still higher than the three months before. Bitcoin may seem to find a bottom here to be able to rise further, but for now it seems that it is mainly the altcoins’ turn. Bitcoin dominance drops below 40% today.

altcoins

Ethereum (ETH) was initially hit harder than bitcoin during the crash. The ether price also fell further yesterday morning and even ended up at $3,200, a drop of 18% from the $3,900 where the price hung for half a week. Still, ether’s recovery continued yesterday, peaking around $3,575 last night. Ether appears to be consolidating around USD 3,500 at the time of writing. Cardano (ADA) fell even harder during the crash, falling 23% from $2.85 to $2.20 yesterday morning. Despite this, ADA is now also recovering faster than the above two cryptos. At the time of writing, the ADA rate is at $2.56, an increase of 16% in 24 hours.

Solana

Solana (SOL) steals the show again today. SOL was not only less affected by the crash than most other crypto, the price is now already on the rise. SOL briefly dipped to $1.50 yesterday morning, but reached a new all-time high (ATH) of $213.5 last night. Moveco.io has enough information. That is an increase of no less than 40% and SOL is even 440% in the plus this month. Solana has now also surpassed ripple (XRP) in terms of market cap, taking the sixth largest crypto in the market.

However, Solana is neither the only nor the fastest riser on the market today. FTX token (FTT), cosmos (ATOM), icon (ICX), avalanche (AVAX), shiba inu (SHIB), omg network (OMG) and waves (WAVES) are all up 20 to 25% today. Algorand (ALGO) even rises by 28% and elrond (EGLD) and fantom (FTM) by no less than 35%. Hedera hashgraph (HBAR) and near (NEAR) are almost 40% in the plus, but the iost (IOST) which is rising the fastest today with 43%. Near and fantom are even more than 100% in the plus this week.

Enjin joins the United Nations Global Compact to promote sustainability and equality

Enjin, the pioneering blockchain platform for non-fungible tokens (NFTs), is the first NFT company admitted to the United Nations Global Compact. The company joins the Global Compact as a participant, the highest membership rank.

Membership in the UN Global Compact requires a strict commitment to sustainability and equality according to the ten principles of the UN Global Compact, which provide guidance in the areas of human rights, environment and labour. More generally, the Global Compact aims to support companies in working towards the UN Sustainable Development Goals (SDGs).

“We are excited to partner with Enjin to explore how blockchain and NFTs can contribute to the achievement of the United Nations’ Sustainable Development Goals,” said Irakli Beridze, head of the Center for AI and Robotics, UNICRI, United Nations. Nations. “As we struggle to recover from the global pandemic and its effects, we are experiencing an exponential growth of technologies such as AI and blockchain. More than ever, we need to take advantage and harness the potential of these new technologies to ensure we are better equipped and more united in the future to make our planet a more livable, fairer place for all.” Nano has gone up.

New blockchain

By launching the eco-friendly JumpNet blockchain and joining the Crypto Climate Accord, Enjin has made significant strides in decarbonizing NFTs on Ethereum. These efforts directly support Principle 9 of the Global Compact, which focuses on “the development and diffusion of environmentally sound technologies”. JumpNet already consumes 99.99% less energy than Ethereum, the most widely used network for NFTs. Continuing his commitment to sustainable NFTs, Enjin recently took JumpNet CO2 negative and is building Efinity, a sharded Proof of Stake parachain on Polkadot.

Enjin will explore new ways to use NFTs to carry out the UN’s missions of sustainability and equality. For example, the technology could become the financial and monetization backbone of companies that capture CO2 and thus help combat climate change. Permissionless access to NFT markets can also help eliminate the unequal opportunities between different countries, allowing global creators and NFT users to compete on an equal footing and narrowing the global wealth gap.

Meeting the agenda

“With less than a decade left to meet the UN’s 2030 Agenda for Sustainable Development, technology plays an important role that can help us achieve the SDGs faster and contribute to a more prosperous and sustainable world” , said Esther Chang, Executive Director of Global Compact Network Singapore. “We warmly welcome Enjin to the United Nations Global Compact and look forward to working with them to take decisive action on the SDGs.”

Enjin’s membership in the Global Compact comes amid a growing realization that sustainability, both social and environmental, is key to unlocking trillions of dollars in value over the next decade. Conversely, many prominent figures have criticized NFTs for their perceived carbon footprint, which Enjin directly addressed through the release of JumpNet alongside a 5-step plan to enable carbon neutral NFTs.

“At Enjin, we are developing a sustainable ecosystem to create a brighter future using NFTs,” said Maxim Blagov, CEO of Enjin. “Participating in the UN Global Compact reaffirms our commitment to improving people’s lives through blockchain technology, and will ensure these efforts are sustainable, focused and optimized, while holding ourselves accountable to the public along the way.” Tradingview has started to rise.

About Enjin

Enjin is the all-in-one platform for developing scalable, interoperable blockchain ecosystems, making it easy for anyone to use NFTs. NFTs are central to the Enjin ecosystem, which provides a comprehensive product stack for creating, integrating, trading and distributing NFTs on a scalable and nearly free platform. Enjin’s products are widely applied in blockchain games, applications, business programs and innovative marketing campaigns.

About the United Nations Global Compact

As a special initiative of the UN Secretary-General, the United Nations Global Compact calls on companies around the world to align their activities and strategies with ten principles in the areas of human rights, labour, environment and anti-corruption. Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and achieving the Sustainable Development Goals through responsible companies and ecosystems that enable change. With more than 12,000 companies and 3,000 non-corporate signatories in more than 160 countries and 69 local networks, the UN Global Compact is the world’s largest corporate social responsibility initiative – one Global Compact uniting businesses for a better world.

Thanks to VPNs and their ability to change your geographic location, you can use them to go bargain hunting

Many companies have specific prices for specific products, or simply offer a product or service at a lower price in countries with weaker economies. Especially when you want to buy things like airline tickets and hotels, you can benefit greatly from a VPN. Try changing the location of the server and see what that does to the price for the mejores VPN por Globalwatchonline.AR

Do I need to use a free VPN?

We understand that we are slightly biased on this issue. But even if you’re not going to use our VPN, we do want you to leave here with the right information. Let’s start with what we know: running a VPN is not free. On the contrary, there are many costs involved. When you come across a free VPN, you have to ask yourself: how do they make money?

  • The answer is very simple: by selling your data to third parties. Since free VPNs have no revenue stream, their only option is to use your data as a source of income. This behavior goes completely against what VPNs want and need to do for their customer. We’re not saying that every free VPN is selling your data. But it does come close when you are looking for a nordvpn free trial at Globalwatchonline.DK

  1. We wrote earlier about how a VPN can help you connect to US Netflix or BBC iPlayer. Free VPNs don’t have the resources to engage in the perpetual cat-and-mouse game with these massive media channels. Therefore, you will not be able to connect to other catalogs, as the IPs of the servers will probably already be blocked.
  2. In addition, free VPNs often have outdated and insecure encryption protocols. In fact, a VPN has to deal with the fact that any new and super-secure protocol becomes obsolete quite quickly. This is one of the reasons why VPNs are not cheap. Every few years, new protocols have to be ïmplemented to counteract their rapid obsolescence.
  3. All in all, we strongly advise against using a free VPN, as you are more likely to be subject to data breaches and aggressive ads targeting it than not using one at all.

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