Daily news update: November 09th, 2021

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Here you will find our daily update, which will provide you with all the main information and events on the crypto markets for the previous day.

Crypto market update

The crypto market cap has reached a new record with BTC and ETH reaching new ATHs. It took Bitcoin less than three weeks to break its own ATH of $67,000 and set a new one at nearly $69,000. Ethereum followed suit and painted a new record as well, while Cardano has gained the most from the larger-cap alts with a 12% surge.

Bitcoin (BTC) is now trading at 67,667 USD (all data from Coingecko.com)

Ethereum (ETH) is now for 4,788 USD

PlatonCoin (PLTC) is now for 0,403 USD

Total marketcap is currently at 3.065 trillion USD

Daily news update

Bitcoin and a new ATH: Today the price of Bitcoin reached a new all-time high, extending a record-breaking run that has brought the whole of the cryptocurrency market close to $3 trillion in value. Notably, on October 11, 38,536,223 distinct Bitcoin addresses held the asset on the network; today, November 9, the number of addresses has increased to 38,899,034, a total of 362,811 new BTC holders, according to CoinMarketCap data.

MasterCard and crypto: Mastercard is partnering with Amber Group, Bitkub, and CoinJar to start supporting credit and debit cards backed by cryptocurrencies in the APAC region.

Robinhood and security breach: Robinhood has suffered yet another incident, as it revealed on Nov 8 that it had experienced a security breach. The data breach occurred on Nov 3, after an “unauthorized third party obtained access to a limited amount of personal information for a portion of our customers.” The team’s post says that the unauthorized party used social engineering to obtain access to certain customer support systems via a customer support employee. Following this, the attacker gained access to the email addresses of five million customers and the full names of two million customers.

Discord and Ethereum: The Discord CEO and founder has teased the community with a tweet including a screenshot of the Discord app with the Ethereum logo and wallet connection relays. With a separate window on the screen, the application also contains a “connect account” tab that already exists in the app. With the possible update, users will be able to connect their Ethereum “accounts” directly from the app.

Reddit and ERC-20 token: In a bid to onboard its 500 million monthly active users into Web 3.0, the American social media platform Reddit is working on converting users’ karma points into Ethereum-based (ERC-20) tokens. The so-called Web 3.0 applications, also referred to as ‘dapps,’ typically run on blockchains, or decentralized networks, where participants get incentivized for their participation.

Solana suprpassed Tether: “Ethereum killer” Solana crypto has surpassed Tether, becoming the biggest stablecoin provider in terms of market capitalization with $75 billion compared to Tether’s $73.8 billion, according to CoinGecko.

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