What’s Going on With Crypto? – August 16th – Gypsycoin, Walmart, ETH 2.0, BTC Nodes, Solana, Cardano, Samsung, TIME, Coinbase, Polygon

Check out the sentiment of the day!

Top 10 stories of today: 

  • Solana reached the top 10 coins by market capitalization for a while and hit a new all-time-high of $64.48, making +40% in the last 24h.  
  • Cardano announced the smart contracts to be implemented on September 12th, before the biggest company’s summit to happen on September 25-26. 
  • Walmart announced a search for a cryptocurrency product lead. 
  • The Ethereum 2.0 staking platform experienced an increase up to 7M ETH, which equals $21.7B. 
  • Samsung will make available South Korean CBDCs on their smartphones as a result of participation in the government’s pilot program. 
  • TIME Magazine is collaborating with Cool Cats, which means they’ll mint 400 NFTs together. 
  • The number of nodes in the Bitcoin Lightning Network has risen from 7.5K to more than 14K since the previous year. 
  • Mr. Whale reported that thousands of Coinbase users couldn’t reach their funds over the past weekend 
  • The first-ever token “merger” happened: Polygon acquired Hermez in a $250 million deal.  
  • Romanian “King of Roma” launched Gypsycoin. 

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia