Coinbase To Launch Own NFT Marketplace – October 13

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $54,614

Bitcoin price has fallen back into the $54,000s over the last 24 hours, as it cools off from its recent rally.

Top-20 altcoins have performed relatively well, as Ethereum remains stable, Polkadot gains 7% and Binance Coin rallies 15%.

Top Stories for October 13, 2021 πŸ”₯

πŸ‘‰ Coinbase To Launch Own NFT Marketplace

Popular cryptocurrency exchange Coinbase has announced that it will be launching its very own NFT marketplace, joining the non-fungible token trend.

Coinbase is aiming to enable users to easily create their own NFTs and control them via smart contracts. The platform will also be designed to incorporate “social features”.

The move will make Coinbase the second major centralized exchange to launch an NFT platform, following in the footsteps of FTX.

πŸ‘‰ US Becomes Bitcoin Mining Leader With 35% Of Total Hash Rate

The United States has become the world’s leading Bitcoin mining country, following China’s recent crypto crackdown.

More than 35% of the total Bitcoin hash rate can now be attributed to US miners – more than double the 17% figure measured in May of this year.

πŸ‘‰ Binance To Remove CNY From P2P Platform

Binance is moving to suspend the trading of the Chinese yuan (CNY) on its peer-to-peer (P2P) markets by the end of this year.

The exchange will also introducing new restrictive measures for accounts from mainland China, limiting any such accounts to withdrawal-only mode.