Rigel Platform

💸 Nayib Bukele informed the crypto-related community via Twitter that El Salvador had purchased 150 Bitcoins when the price went down to $45,200.

Now, the state holds 700 coins in total. It’s a good sign for others to jump into the market. So, as soon as this happens, the price keeps growing

Rigelplatform.com

🚀 Investment funds earned solid profits in July 2021

The Chain Broker’s statistical report shows that Magnus Fund is the first by profitability among the companies that invest in crypto assets. It has obtained a 3536% gain in July 2021. ZBS Capital closes the rate with 952% monthly. We’d like to note that investment objects include Dinox, Coin98 and DeRace.

Rigelplatform.com

🔥 The EIP-1559 update package on the Ethereum network after the London hardfork triggered a part of the Ethereum to be burned. Since its introduction, more than 51,000 ETH equivalent to $166 million has been consumed.

The list of the “top-burned” companies includes Tether, gamer and NFT marketplaces.

Rigelplatform.com

📌 Brian Brooks resigned from a CEO position of Binance.US

Brian Brooks has run the company for just four months. He was forced to apply for dismissal of his own free will.
In his tweet he explained the reason for this move. It was a strategic disagreement about the company's future.

Are there any chances that he sensed an illegal scheme and decided to step aside not to cover it by his name?

Rigelplatform.com

🚀 Bank of America has noted that El Salvador benefits in a big way from allowing Bitcoin to be used as a legal payment system within the country.

Among pros we’d like to note the next:
- Digitalization and transparency of the economy.
- Choosing what payment to use to purchase goods and services.
- Simplification of money transfers to the country. As a result, people save on exchange commissions from crypto to fiat and vice versa.
- Opening the economy for crypto investments from all over the world

Rigelplatform.com

🚀 Bitcoin price has reached $38,000 within a day

During the last 24 hours, the exchange rate of the first cryptocurrency rose to $38,304 (11.01%). The reason for this rapid growth was the information that Amazon will be able to support Bitcoin payment by the end of 2021.

Other crypto assets also grew after it. The price of Ethereum has risen as well - $2344 (7.75%).

Rigelplatform.com

ℹ️ Ethereum co-founder is going to sell his part in the company

Anthony Di Iorio will sell his software company Decentral. He will be engaged in the development of projects that are not related to crypto assets.

Anthony focuses on the fact that he wants to solve truly difficult problems and that he does not feel safe, working with cryptocurrencies. He claims that he will connect cryptocurrencies "when it’s necessary, but basically there is no such need."

Rigelplatform.com

🚨 ChainSwap caused vulnerability through which hackers exploited over $ 4 million from DeFi projects
The ChainSwap protocol offers a bridge between the Polygon, Binance Smart Chain and Ethereum blockchains.

Yesterday, the PancakeSwap platform had an issue that was a trigger for an intruder to exploit the Wilder Pancake Liquidity Pool on $ 534,000. He managed to issue 20 million WILD tokens and put them to his address on the Binance Smart Chain. Other projects have suffered similar attacks as well, Wilder World said.

Rigelplatform.com

📌 Ernst & Young has launched Nightfall 3 to solve an issue of high Ethereum fees

Nightfall 3 is a zero-knowledge proof (ZKP) Layer 2 protocol that was released by Ernst & Young. The main goal that they want to achieve is to handle Ethereum fees. ZKP was designed to allow private transfers of ERC-20 tokens. The final protocol - ZK-Optimistic Rollup united transactions into groups (rollups).

Optimistically rolling is another updated technology that allows all transactions marked as good ones. Any user can submit a “fraud proof” if something’s wrong.

ZK-Optimistic Rollups allow achieving appr. 8,200 gas per transaction

Rigelplatform.com

📊 There were several bullish impulses formed on Bitcoin. After the price fell to $30,000 on Saturday, the first bullish trend pushed it back to $32,000. Bitcoin price consolidated at $32,500 on Sunday. After testing the resistance level, the growth has run until the level of $35,000 was reached.

Ethereum was traded in the tunnel between $1735 and $1860 on the weekend. In the morning, the bullish trend broke through the $2,000 mark, tested $2,050, and continued to rise. It's time to wait for a correction after such a rally

Rigelplatform.com

📊 BTC short-term analysis

According to the analysis of the 4-hour timeframe (H4), we have got a good resistance level at the price zone $35798-$36146.

The last price impulse, that was behind the trading model, entered an active zone on 06/21/2021 at 8 p.m. The end time of the model activities is 06/26/2021 at 4 p.m.

This means that before the end of the specified time, we can probably reach the level of 200% of the model’s (27715) target mark

Rigelplatform.com

⚡ Honda and Ford companies are going to use blockchain technologies for measuring EV battery carbon emissions

The Mobility Open Blockchain Initiative (Mobi) is a group that united many companies including giants like Ford and Honda. It focuses on developing a standard that can calculate an environmental impact from EV (electric vehicles) batteries.
The blockchain-based feature will store and share dioxide emission records. All cars have sensors that provide the proper data for analysis.

The European Commission wants everyone in the EU to record data about carbon dioxide emissions on all stages of production and using industrial batteries from 2024

Rigelplatform.com