Bitcoin Daily – August 23


πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $50,203

Bitcoin price has rocketed above $50,000 for the first time in more than three months, as Bitcoin resumes a strong rally.

Top-20 altcoins continue to perform well, as Ethereum gains 2%, Cardano rises 8% and Binance Coin advances 7%.

Top Stories for August 23, 2021 πŸ”₯

πŸ‘‰ PayPal Expands Crypto Trading Services To The UK

PayPal is expanding its cryptocurrency trading services to the United Kingdom, providing users in the UK with the ability to buy, sell and hold crypto as of this week.

The UK is the first international expansion of the service, following an October launch of crypto support in the United States last year. Currently, PayPal supports Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).

πŸ‘‰ Van Eck And ProShares Pull Ether ETF Applications

Two investment companies, VanEck and ProShares, have prematurely withdrawn their SEC filings for Ethereum exchange-traded funds (ETFs) – only two days after the applications were made.

The reason for the withdrawals has not been publicly disclosed, however Bloomberg analyst Eric Balchunas believes that the SEC may have told both firm that the filings were unlikely to succeed.

πŸ‘‰ Cartoon Rock NFT Sells For $600K On Ethereum Blockchain

An "EtherRock" cartoon rock non-fungible token (NFT) sold on the Ethereum blockchain yesterday, for a whopping $608,000.

The purchase has been claimed by none other than Tron CEO Justin Sun, leaving the cheapest remaining EtherRock available for $1 million.

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