Donald Trump became the first ex-US president to pay for purchases with Bitcoin. Microsoft and Blackrock are investing in artificial intelligence, and Solana is creating a new version of the smartphone that won the hearts of crypto investors. What else happened in the cryptocurrency market?
A few words about the exchange rates of the most important cryptocurrencies
The long-awaited growth in the cryptocurrency market has finally arrived with the sensational 50 basis point cut in interest rates by the Fed. It can therefore be said that Jerome Powell has essentially resurrected some altcoins, the dying of which we could have observed in recent weeks. The TOP 10 tokens in terms of market capitalization are doing well, and some assets from the lower part of the ranking are even recording double-digit growth. However, it is hard to say whether this is the desired beginning of a real bull market or another bull trap, of which there have been many recently. The growth in less significant altcoins may suggest the former, but I would advise you to remain extremely cautious for a while longer. Accumulating strong, top projects is always in demand.
The most important cryptocurrencies’ rates at 18:00
- Bitcoin – $63,218
- Ethereum – $2438
- Solanum – $142.71
- BNB – $565.27
- TONE – $5.75
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What interesting things are happening in the world of digital assets today?
Donald Trump became the first ex-US president to pay for purchases with Bitcoin. Microsoft and Blackrock are investing in artificial intelligence, and Solana is creating a new version of the smartphone that won the hearts of crypto investors. What else happened in the cryptocurrency market?
The most important news on Bitcoin.pl
Yesterday’s announcement on interest rates overseas is the number one topic in today’s trade press. Jerome Powell and his colleagues at the Fed surprised quite a few investors by cutting rates by as much as 50 basis points. It must be clearly stated that this is a change in monetary policy with a big bang. Global markets reacted with the expected optimism, and they are echoed by the leading cryptocurrencies such as Bitcoin and Ethereum. Other altcoins have finally got some wind in their sails, but everything now depends on whether Bitcoin’s dominance will continue to remain at an astonishingly high level. You can read an analysis of yesterday’s Fed announcement through the eyes of Sebastian Seliga from the zondacrypto exchange in this article.
Information that heats up the media space
Donald Trump paid for purchases with Bitcoin
Trump is the first such important US official in history to decide to buy any product using Bitcoin. The described event took place a dozen or so hours ago in “Greenwich Village” in New York. PubKey is a Bitcoin-friendly restaurant that happily served the former US president. It was there that Donald Trump decided to pay with Bitcoin when buying burgers. The entire transaction amounted to $998.70 and was carried out using the Strike app, a payment platform operating on Bitcoin’s second layer, the “Lightning Network”. The former president then went to his campaign rally. Although the whole situation is probably part of the election campaign and an attempt to convince cryptocurrency supporters, it is worth noting that such situations can significantly contribute to the promotion of cryptocurrencies in American society, and consequently, to increasing the global adoption of digital assets.
Microsoft and Blackrock are investing big money in AI
The tech giant and one of the world’s largest investment funds are joining forces to increase their exposure to the artificial intelligence sector. AI is becoming one of the most important aspects of technological development of our time and this does not escape the attention of the largest players in the modern world. Initially, the companies intend to allocate $ 30 billion for the aforementioned purpose and create a new fund to unify cooperation, which will deal with, among other things, the construction of data centers and the development of energy projects.
You can explore the details of this topic in the article by editor Jacek Walewski.
Solana presents a new model of its smartphone
In 2022, Solana, which was in a bad situation at the time (mainly due to the SOL token exchange rate, which even fluctuated around $10), released its own smartphone, later named the “Saga” model. It was an incredible success in the crypto enthusiast community, and the dizzying price of $1000 did not prevent the growing hype. It quickly turned out that the smartphone could pay for itself with a vengeance, and all thanks to airdrops from numerous projects that offered their tokens to early holders of the new solution.
Now Solana is presenting a new model of the iconic product. The “Seeker,” as this model is called, is to cost “only” $500, which is half of what the previous product cost at launch. Although the phone will not be released until 2025, the company has already collected 140,000 non-refundable pre-orders. Would you be tempted to test Solana’s new smartphone?
Louisiana accepts first Lightning Network payment
This is not the end of good news from overseas for today. The US state of Louisiana has decided to accept cryptocurrency payments in exchange for state services. The first transaction has already taken place after state treasurer John Fleming announced that all residents can now use the Lightning Network for the aforementioned payments.
The above-mentioned revolutionary changes argued as follows: “In today’s digital age, government systems must evolve and adopt new technologies.”
He further added: “By introducing cryptocurrency as a payment option, we are not only innovating, but we are providing our citizens with flexibility and freedom in interacting with government services.”
Now is the time for Poland?
Daily Airdrop Corner
Today is a day for winners. WalletConnect, a well-known plugin for connecting wallets to websites, is going to release its $WCT token. It is going to be placed on the Optimism network on September 24th. This is supposed to help decentralize the project.
Of the 1 billion tokens, 18.5% will be allocated to airdrop purposes in Season 1. Soon, users will be able to register their GitHub wallets and accounts, provide an email address, and familiarize themselves with the criteria for allocation and receipt of tokens. I will provide details in subsequent summaries. The WalletConnect foundation will also be established, which will perform, among other things, management functions.
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