Recently, we've held a contest in which we chose the most creative name & logo for a crypto coin. You’ve applied more than 600 works which is, in all honesty, quite impressive! There were plenty of truly bright and inspiring ideas.
According to the vote, the cryptocurrency was named “Medcoin”. The prize has already been sent to the winner! Great thanks to all the users who joined the game and showed activity. The list of all the works you’ll find in one of the latest stories on our Instagram page.
Bitcoin has been officially approved by the US Stock Exchange – on October 19, the world’s first trading of the Bitcoin Strategy ETF was successfully launched in New York. In two days of trading, Bitcoin assets managed by the exchange-traded fund exceeded $1 billion. The Bitcoin Strategy ETF thus became the first US exchange-traded fund to be officially approved for Bitcoin contracts.
Bitcoin is gaining ground! BTC price is on the move again, hitting its highest level since mid-May. It peaked at $50,270, adding 3% on the day. It has recovered more than 72% since June. The crypto asset’s overall market valuation is currently at $942 billion. This could be a sign that the “capitulation period has ended and the market is back on solid ground,” Coin Metrics wrote in a Tuesday newsletter.