Bitcoin Daily โ€“ December 16


๐Ÿ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:ย $48,189

Bitcoin price has shot up above the $48,000 mark over the last day of trading, following Fed chair Jerome Powell's press conference.

Top-20 altcoins have performed very well, as Ethereum gains 10%, Solana rises 12% and Terra surges 18%.

Top Stories for December 16, 2021 ๐Ÿ”ฅ

๐Ÿ‘‰ Michael Jordan To Launch Athlete-Centric Platform On Solana

Michael Jordan is launching a Solana-based platform for athletes, in an effort to help them better connect with their fans.

Athletes will be able to use the platform to sell seat membership to fans, as well as provide them with access to NFTs and exclusive digital assets.

The project, known as "Heir", has raised $10 million in seed funding from investors including Thrive Capital, NBA player Lonzo Ball, Reddit co-founder Alexis Ohanian and Solana Ventures.

๐Ÿ‘‰ ConsenSys And Mastercard Collaborate On Rollup Scaling For Ethereum

Blockchain software company ConsenSys and Mastercard's engineering team have launched an Ethereum scaling solution, called "ConsenSys Rollups".

The new scaling solution is designed to be compatible with any blockchain that utilizes the Ethereum Virtual Machine (EVM), enabling a throughput of up to 10,000 transactions per second.

๐Ÿ‘‰ Nexo And Three Arrows To Launch NFT Lending Platform

Crypto lending platform Nexo and Three Arrows Capital have teamed up to launch an NFT lending platform, which will facilitate crypto credit lines backed by NFT assets.

The service will begin by accepting the well-known Bored Ape Yacht Club and CryptoPunks NFT assets, with more collections to be accepted in the near future.

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