📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $57,214
Bitcoin price has ranged comfortably around the $57,000 mark over the last 24 hours, sitting near recent highs.
Top-20 altcoins are mostly down, as Ethereum falls 4%, Cardano drops 5% and Terra tumbles 9%.
Top Stories for October 12, 2021 🔥
US music distributor UnitedMasters has announced that it will allow musicians to receive their pay in cryptocurrencies from Coinbase.
Artists distributing their music through the company can choose a proportion of their royalties to receive in crypto, in the asset of their choice.
UnitedMasters has raised money from a variety of big name companies, including Apple, Alphabet and a16z.
Popular cryptocurrency payments startup MoonPay will be valued at a massive $3.4 billion, following a $400 million funding round.
The funding round was MoonPay’s first, raising sizeable investments from Tiger Global Management, Coatue Management and others.
MoonPay is well-known for enabling users to buy cryptocurrency with their credit card when using several popular crypto platforms such as OpenSea and Trust Wallet.
Two of the top engineers developing Facebook’s digital currency wallet have left the project to join Andreessen Horowitz, also known as a16z.
Nassim Eddequiouaq and Riyaz Faizullabhoy were working on Facebook’s Novi wallet for two years. Eddequiouaq will take a16z’s chief information security officer position, while Faizullabhoy has been placed as CTO.