📈 30 Second Cryptocurrency Price Summary |
| Bitcoin price continues to range around $19,000, as volatility continues to taper off. Most drops into the $18,000s so far have not remained in the range for long |
| Top-20 altcoins have steadied in price over the last 24 hours, as Ethereum and BNB move less than 1%, Cardano falls 2% andXRP stands out with a 7% decline. |
Top Stories for September 26, 2022 🔥 |
| The Grayscale Bitcoin Trust (GBTC) has reached its largest discount of all time, now trading at 35.26% below the instrument's net asset value. |
| GBTC has been trading at a discount since the beginning of 2021, with its previous lowest point at a -34% discount in June of this year. The company has been persistent in attempting to convert the trust into an exchange-traded fund (ETF), which the SEC continues to deny. |
| Prices of certain graphics cards have fallen to new low lows in China, following Ethereum's "Merge" to proof-of-stake – a direct result of the end of mining on the network. |
| Nvidia GeForce RTX 3080 cards have fallen from 8,000 CNY to 5,000 CNY within three months according to one Chinese merchant, with several other online platforms showing several-hundred yuan discounts. |
| The Reserve Bank of Australia (RBA) has released a white paper for its central bank digital currency (CBDC) pilot, with plans to complete the program sometime next year. |
| The pilot is designed to explore innovative use cases that would be supported by a CBDC. Australia began its CBDC research project in July this year, with the official name of the likely new currency being "eAUD". |
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