Altcoin News to Follow This Week (September 6) - News-Credit-Mortgage-Coin


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Monday, September 6, 2021

Altcoin News to Follow This Week (September 6)

The total value of the crypto money market reached over $2.4 trillion on the first day of the week, approaching the $2.5 trillion threshold, with bitcoin exceeding $51,000.

Altcoin News to Follow 

According to CoinGecko data, Bitcoin constitutes $ 974 billion of the market, which has a value of $ 2.44 trillion at the time of writing. For the rest of the market, news on Cardano, XRP, Solana, Polkadot, Terra, Stellar, Kusama, Stacks, Raydium, Polkastarter and IX Swap can be watchable this week.

Cardano (ADA)

Opening price of the week: $2.89

This week's news: The Cardano team aims to roll out the Alonzo update on the mainnet on September 12.

Why to watch it: Alonzo, who introduced the Cardano blockchain to smart contracts, was launched on the testnet earlier this month. How productive Alonzo is, which is controversial with his performance here, will be seen from the end of this week, if there is no problem.

Ripple (XRP)

Opening price of the week: $1.32

This week's news: Ripple's lawyers are expected to respond to the SEC's recent request on September 7.

Why to watch: The SEC had requested to retrieve the meeting recordings of Ripple's executives as part of the XRP lawsuit. Ripple's lawyers will respond to this request. Regardless, Rakuten Wallet, which suspended XRP transactions at the end of last year, will reopen those transactions on September 8.

Left (LEFT)

Opening price of the week: $142.30

This week's news: A protocol called Larix, which uses the Solana infrastructure, is scheduled to go live on September 9.

Why to watch: Developed on the Solana blockchain, Larix can be used to exchange loans. The developers of Larix state that they use the Solana infrastructure because it is “scalable, low-cost, secure and efficient.” 

Polkadot (DOT)

Opening price of the week: $34.22

This week's news: The Polkadot community is voting on a minor update to the Polkadot Runtime.

Why to watch it: Polkadot's updates to the runtime allow changing the chain's logic without having to hard fork it. The vote, which will end on Monday evening, seems likely to be accepted.

Terra (Luna)

Opening price of the week: $33.03

This week's news: The Terra team announced that the Columbus-5 update, which is expected to be done this week under normal conditions, has been delayed for about 3 weeks.

Why to watch it: In the statement, it was said that there is "no cause for concern" because of this delay and that the update has been delayed so that the process can "run as smoothly".

Stellar (XLM)

Opening price of the week: $0.39

This week's news: More than 30 projects that have applied to the Stellar Community Fund for grants are now being evaluated by the Stellar community.

Why to follow: Stellar enthusiasts will be able to express their opinions about these projects, provide feedback and ask questions to the teams that developed these projects until September 12.

Kusuma (KSM)

Opening price of the week: $400.51

This week's news: The sixth of the auctions for Kusama's parachains has begun.

Why to watch: This time the auction will end at noon on September 8, and the winning project will be determined on the same day.

Stacks (STX)

Opening price of the week: $1.70

This week's news: Stacks will hold an online event on September 9 to promote the projects included in its accelerator program.

Why to watch: The projects that will be demoed at the event, which will start at 17:00 Turkish time, are working in various fields such as stablecoin, DEX, renewable energy.

Radium (RAY)

Opening price of the week: $12.42

This week's news: Grape Protocol's token, GRAPE, will be offered September 7-8 on Raydium

Why to watch it: Introduced by the Great Ape team, the project provides the infrastructure to “build censorship-resistant communities” using the Solana blockchain. GRAPE won the second prize at the Solana hackathon held from May to June.

Polkastarter (POLS)

Opening price of the week: $2.17

This week's news: Polkastarter users will be able to participate in the first decentralized exchange offering (IDO) for REALM on September 14.

Why to watch: Those interested have until September 7 to register on the whitelist before IDO.

IX Swaps (IXS)

This week's news: Cryptocurrency exchange KuCoin has announced that the fourteenth project under the Spotlight program will be the IX Swap (IXS).

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