Bitcoin Network Officially Activates Taproot Upgrade – November 15

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $64,270

Bitcoin price rose to as high as $66,300 over the weekend, however has found itself back in the $64,000s to begin the week.

Top-20 altcoins mostly look stable over the last 24 hours, as Ethereum gains 2%, Solana rises 4% and Avalanche leads with a 6% gain.

Top Stories for November 15, 2021 πŸ”₯

πŸ‘‰ Bitcoin Network Officially Activates Taproot Upgrade

The Bitcoin network has officially activated the Taproot soft fork, an upgrade to the network that improves scripting capabilities and privacy.

Taproot required a 90% lock-in consensus to go live, which was achieved over the weekend. It is considered to be the most significant upgrade to the Bitcoin network since Segregated Witness (SegWit) in August 2017.

πŸ‘‰ ParaSwap Launches Native Token With Airdrop To Users

Decentralized exchange aggregator ParaSwap is launching its native PSP token today, including an airdrop of 150 million tokens to early users of the platform.

Around 20,000 users are eligible for the airdrop, with the 150 million tokens representing 7.5% of the total 2 billion PSP token supply.

Although 1.3 million addresses have interacted with ParaSwap, the 20,000 were selected for using the platform multiple times during the last 6 months.

πŸ‘‰ Solana Becomes Third Crypto With Standalone Bloomberg Index

Solana (SOL) has become only the third cryptocurrency with a standalone Bloomberg Terminal index, thanks to backing from Galaxy Digital.

The only other cryptocurrencies to have standalone index pricing on the platform are Bitcoin (BTC) and Ethereum (ETH), placing Solana in prestigious company.