Bitcoin Drops On 13th Birthday; Samsung Partners With Blockchain Platform To Plant Trees

Bitcoin Drops On 13th Birthday; Samsung Partners With Blockchain Platform To Plant Trees


World’s earliest crypto Bitcoin (BTC), which is commemorating its 13th birthday today, dropped listed below the $46,000 mark for a short duration today, while international crypto markets was trading somewhat lower.

The last couple of crypto trading days can be at finest referred to as choppy because costs of significant crypto tokens were range-bound for the a lot of part. The international crypto market with no more considerable hints is trading somewhat lower. Its market cap stands at $2.20 trillion, down by 1.76 percent, revealed coinmarketcap information.

Meanwhile, Samsung revealed a collaboration with Veritree, a blockchain combination platform, to plant 2 million mangrove trees in Madagascar, anAfrican Island Nation This effort belongs to Samsung’s long-lasting action strategy relating to ecological sustainability. Mark Newton, head of business sustainability for Samsung Electronics America, stated on the sidelines of CES 2021, “Investing in tech innovations, such as those that create efficiency improvements and minimize waste, in combination with nature-based solutions, are vital in the fight against climate change.”

After falling listed below the $46,000 level, Bitcoin later on handled to recuperate somewhat to trade at $46,064.18, down by 2 percent in the last 24 hours, at 8.30 am. Rival Ethereum (ETH) was down by 1.85 percent at $3,729.22.

“Bitcoin continues to trade around $46,000. Technical indicators indicate close by support that could encourage short-term buying activity. However, long-term momentum has slowed down, implying low or negative crypto returns this month,” states Gaurav Dahake, CEO and co-founder, Bitbns.

Cardano (ADA) was down by 3.60 percent at $1.31, while Algorand (ALGO), which is called the Ethereum killer, was up by 8.65 percent at $1.79; its market cap now stands at $11,427,393,223.

Among other significant coins, Binance Coin (BNB) was down by 3.60 percent at $505.24, while Solana (SOL) fell 3.49 percent at $167.48.

Today’s leading gainer was PAPPAY (PAPPAY), which was up by 490.35 percent at $0.0000297. The leading loser was Cheems Inu (CINU), which saw its worth wear down by 100 percent at $0.000000000000005007.

Meme Coins And DeFi

Dogecoin (DOGE) was trading with a loss of 1.71 percent at $0.1692. Its volume to market cap ratio stands at 0.02274. Rival Shiba Inu was down by 3.40 percent at $0.00003266. ELON is trading with a loss of 7.16 percent at $0.000001518, Floki Inu crashed by 12.65 percent at $0.00009782, while Samoyed Coin (SAMO) is trading with a loss of 3.05 percent at $0.03817.

In the DeFi section, YFI ( was trading with a loss of 7.13 percent at $38,012.19, Terra (LUNA) was down by 3.33 percent at $87.36, Avalanche (AVAX) is down by 5.62 percent at $106.02, however Uniswap (UNI) handled to somewhat recuperate its losses, it is presently down by 0.88 percent at $18.19.

Current Updates

Tinyman, an Algorand blockchain-based trading procedure, suffered a huge hacking attack that led to a big monetary loss of roughly $3 million. The Tinyman group is working continuously to examine the matter and they stated on Medium that they have actually revealed the wallet address from where the hackers began their operation.

The Sun UK reported yet another current NFT hack. This time it was collector Todd Kramer’s Bored Ape Yacht Club and Mutant Ape Yacht Club NFT tokens which were taken by hackers. These NFTs deserved about $2.2 million.


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