1. Bitcoin price continues to fluctuate: Bitcoin’s price has been volatile in recent days, with the cryptocurrency experiencing a significant drop on Monday, September 20th. The price of Bitcoin fell below $43,000, its lowest level in over a week, before rebounding slightly. The drop in price was attributed to concerns over China’s ongoing crackdown on cryptocurrency mining and trading.
2. DeFi platform SushiSwap launches NFT marketplace: SushiSwap, a decentralized finance (DeFi) platform, has launched an NFT marketplace called Shoyu. The marketplace will allow users to buy and sell non-fungible tokens (NFTs) using the SushiSwap platform. Shoyu will initially focus on NFTs related to gaming and art, with plans to expand into other categories in the future.
3. Crypto regulation continues to evolve: Governments around the world are grappling with how to regulate the cryptocurrency industry. In the US, the Securities and Exchange Commission (SEC) has delayed its decision on whether to approve a Bitcoin exchange-traded fund (ETF). Meanwhile, in India, the government is reportedly considering a ban on all private cryptocurrencies.
In summary, the cryptocurrency industry remains dynamic and ever-changing. Bitcoin’s price continues to be volatile, while DeFi platforms like SushiSwap are expanding into new areas like NFTs. At the same time, governments are grappling with how to regulate the industry, which could have significant implications for its future growth and development.