Ethereum explodes higher on NFT mania and increasing utility

02 Sep 2021

📈 BTC | $48,800(+1,557, +3.3%)
📈 ETH | $3,819 (+388, +11.3%)
📈 XRP | $1.23 (+0.04, +3.7%)
📈 LTC | $181 (+10, +5.7%)

Twitter is reportedly trialling a function to tip users in Bitcoin, using the Lightning Network to make small, efficiently-priced transactions. While high transaction fees have always been a concern, the Lightning Network has been able to reduce fees and transaction times significantly.

Franklin Templeton ($1.5T AUM) recently posted job advertisements seeking crypto traders and researchers, with the new hires to join the “growing” Digital Assets Management division.

Blockfi, perhaps the best-known interest-bearing crypto lender, appears to be in trouble. Recently hired board member Christopher Giancarlo (ex-CFTC chairman) has resigned after just 4 months.