Benyamin Ahmed, a 12-year-old artist, is also dipping into NFT poetry.
Sold approximately $435,000 worth of NFTs via the Solana network.
Five years ago, kids couldn’t have dreamed that their random art might be used for anything other than schoolwork. However, things have changed. Teenagers are especially appealing to digital art collectors. Thus, raking in millions from the sale of Non-Fungible Tokens.

Abigail, also known as ‘PeachSunday’ in the realm of digital art, is one such youngster who has cause to cheer. The 14-year-old, who is in her first year of high school, sold approximately $435,000 worth of NFTs via the Solana network.

Furthermore, her “Belugies” were posted on Alpha Art. An NFT marketplace that allows users to purchase and trade Solana-based NFTs for free. Moreover,  the top NFT sold for 300 SOL, 299 SOL, 125 SOL, 100 SOL, and 75 SOL. With the White Belugie (7,980 characters) selling for an average of 1.81SOL.

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Fellow Binancians,
Binance will perform wallet maintenance for Tron Network (TRC20) at 2021-10-19 07:00 AM (UTC). The maintenance will take about 2 hours.
Please note:
Deposits and withdrawals on Tron Network (TRC20) will be suspended starting from 2021-10-19 06:55 AM (UTC).
Deposits and withdrawals will be reopened after the maintenance is completed. There will be no further announcement.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.


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Recent research showed that nearly 20% of bitcoin’s hash rate within the United States is in New York, while Kentucky (18.7%), Georgia (17.3%), and Texas (14%) follow closely.

New York Leads The Way
The financing and advisory company focused on digital asset mining and staking – Foundry USA – conducted a survey to find out which states American bitcoin miners prefer the most as a location of their endeavors. Nic Carter – Co-Founder of Castle Island Ventures, who presented Foundry’s data – said the research is the first of its kind:

“This is the first time we’ve actually had state-level insight on where miners are unless you wanted to go cobble through all the public filings and try to figure it out that way. This is a much more efficient way of figuring out where mining occurs in America.”

Foundry, though, does not include all of the US-based mining farms in its database. Such is the example with Riot Blockchain, one of the largest companies in its field with a considerable presence in Texas. If it had been part of the survey, the Lone Star State could have registered a higher percentage, Carter explained. Riot was not a part of the research because it doesn’t use Foundry, the report explained

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A major upgrade for the Ethereum (ETH) network just got another update on its calendar as an important step towards a proof-of-stake (PoS) consensus algorithm, the Merge, is now expected to happen in May or June next year.
The necessary code could be completed by February, according to the Ethereum Foundation community manager Tim Beiko and other developers. The Merge refers to the event on the Ethereum 2.0 path when the current Ethereum mainnet "merges" with the beacon chain PoS system.

“We think ~4 months is a generous timeframe from having the code done to seeing the merge on mainnet. We think there's a chance [that the code being done] can [happen] by February (obviously, still a lot of unknowns!), so we decided to set the [difficulty] bomb based on that,” Beiko said.

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The owner of the non-fungible token (NFT) CryptoPunk #6046 has turned down a 2,500 ETH (around $9.5 million) offer for his NFT. If it would have sold, it would have been the largest CryptoPunk sale ever by dollar amount.

The bidder, who goes by poap.eth on the Larva Labs marketplace, placed the bid just 15 hours after the CryptoPunk's owner, who goes by Richerd, tweeted: “My punk is not for sale. Don't care what anyone offers me.” His punk has the rare traits of 3D glasses (3% of CryptoPunks have this), a cigarette in its mouth (10%) and 'frumpy' hair (4%).

 
CryptoPunk #6046

In response to the bid, Richerd tweeted: “You guys want to see what diamond hands look like?” Richerd later told The Block he declined the offer. The bid is now marked as "withdrawn" on Larva Labs.

CryptoPunks is an NFT collection of 10,000 randomly generated images created by the startup Larva Labs. CryptoPunks is currently the top NFT collection of all time on the NFT marketplace OpenSea, with over 551,000 ETH (~$2.1 billion) in total sales volume.

The average price of a CryptoPunk has risen considerably over the past two months. As The Block’s data shows, a CryptoPunk was worth around $93,000 on August 1st to roughly $465,000 as of publication — a 400% increase.

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A South African regulator, the Financial Sector Conduct Authority (FSCA), says it welcomes Binance’s decision to stop offering some of its services to South Africans.

Productive Consultations
In a statement, the FSCA suggested that the move by the cryptocurrency exchange came after it held “productive consultations” with the regulator. As previously reported by Bitcoin.com News, Binance announced it was terminating some of its services in South Africa in order to comply with regulations.

In its initial warning that prompted Binance to act, the FSCA alleged that the crypto exchange had contravened certain financial sector laws including the Financial Markets Act (FMA) as well as the Financial Advisory and Intermediary Services Act, 2002 (FAIS Act).

Therefore, as part of the corrective actions that were demanded by the FSCA, Binance informed South African residents on October 8 that they will not be able to open new accounts for trading derivatives. At the same time, the exchange also informed all holders of existing accounts that currently trade derivatives that these need to be closed within 90 days of the notice.

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As the cryptocurrency market soars, many crypto projects are seeing their valuations grow back again. In fact, Bitcoin managed to pull back the entire cryptocurrency market from a worrisome downtrend. In a week’s time, BTC managed to jump by 10%. Today, Bitcoin breached its 60K mark. On the other hand, Ethereum managed to also regain its uptrend and show another bullrun. In fact, Ethereum is eyeing its previous all-time valuation of USD 4,375. This time, the technicals are in place to break yet another new psychological area. Will we witness an Ethereum 5K price before 2022? Let’s do some analysis to better assess where the market might lead ETH prices.

Ethereum Price Prediction – Where are ETH prices Going?
Despite several crashes, Ether was still on an uptrend. We did witness a heavy adjustment both on the 12th of May and the 7th of September. Despite what the mainstream media said on multiple occasions about ETH prices, it was purely based on FUD and regular descriptive news. Looking at figure 1, we can clearly how ETH prices are on an uptrend, with the previously mentioned price adjustments.

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Polygon has rallied over 25% on news that the Korean crypto exchange Upbit has cleared the MATIC token for trading.

Polygon Reacts to Exchange Listing
Korean traders are hosting a Polygon party.

Ethereum scaling solution Polygon shot up Friday morning after the Korean crypto exchange Upbit announced that it had listed the MATIC token for trading. Korean traders can now buy, sell, and transfer Polygon’s native token on the exchange, with a minimum deposit of 10 MATIC.

Following the news, Polygon’s MATIC token posted a 25% rally, putting in a new local high of $1.60.



Along with MATIC, Upbit has also launched trading for two other cryptocurrencies today: Solana and NuCypher. While Solana’s SOL token has climbed a modest 5.8% since the listing, NuCypher, on the other hand, has put in a parabolic 678% gain, rocketing from $0.29 up to $2.61 before cooling off slightly.

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