📈 30 Second Cryptocurrency Price Summary Current Bitcoin Price: $10,093 Bitcoin price has bounced from sub-$10,000 levels yet again, following another test of recent lows overnight. Top-20 altcoins are looking healthier over the last 24 hours of trading, as Ethereum and XRP each rise 1%, while Binance Coin gains 5% and TRON jumps 12%. Top Stories for September 8, 2020 🔥 Chinese interest in decentralized finance (DeFi) appears to be on the rise, with local exchanges seeing mass withdrawals for DeFi uses. Searches on WeChat - a popular Chinese social media platform - has observed a record number of daily searches for the term "DeFi" this month, almost doubling the previous record. DeFi assets have seen a large drop over the last few days, however, with total locked value falling falling over 20% from all-time highs. South Korean cryptocurrency exchange Bithumb has been raided by police for the second time in a week, seizing evidence related to a fraud case. The first raid occurred last Wednesday, however the latest raid targeted offices from the exchange's parent company, Bithumb Holdings. Both raids were linked to a $25 million token sale and proposed acquisition which never transpired. Swerve Finance - a fork of DeFi project, Curve - has reached 40% of Curve's total value locked within just four days since launch. Total deposits in swerve have reached a substantial $415 million, compared to Curve's $1 billion. Trading volumes are still significantly higher on Curve, however, with $160 million per day vs. Swerve's $13 million. |