π 30 Second Cryptocurrency Price Summary
Current Bitcoin Price:Β $38,174
Bitcoin price has rocketed back above the $38,000 mark today, continuing a bullish move sparked by the Salvadoran news yesterday.
Top-20 altcoins are beginning to show some strength, with Ethereum gaining 4%, XRP rising 3% and Polkadot leading with a 14% charge.
Top Stories for June 10, 2021 π₯
π Hardware Wallet Company Ledger Raises $380M For DeFi Expansion
Ledger, the well-known cryptocurrency hardware wallet company, has raised $380 million in Series C funding for expansion into decentralized finance (DeFi).
The funding round included contributions from Cathay Innovation, Draper Associates and others, now placing Ledger at a $1.5 billion valuation.
Ledger plans to use the funds to develop new products and add DeFi solutions to its “Ledger Live” software.
π Elizabeth Warren Grills Cryptocurrency At Senate Hearing
Subcommittee Chairwoman Elizabeth Warren has blasted cryptocurrencies over ransomware attacks and energy usage claims, in a Senate hearing yesterday.
Senator Warren’s comments support previous remarks from the Biden Administration, indicating that cryptocurrencies are gaining importance on the list of national security priorities.
π Curve Decentralized Exchange Releases v2 Whitepaper
Stablecoin-focused decentralized exchange Curve has released the whitepaper for Version 2 of its protocol, competing closely with Uniswap.
The new version of the Curve protocol appears to offer comparable liquidity depth for Uniswap’s recent upgrade, but without the requirement of active management.