September digest from HitBTC

 [HitBTC]   Hi! We’re glad to have you with us! Our industry experts have prepared a short digest outlining the main news of the crypto market and the most recent updates that have taken place on the HitBTC platform! Cryptocurrency Market In September the prices of the main crypto assets continued to decline. - [BTC]( price on September 30 was $19.495 and showed a 3,1% drop from $20.259 on September 1. - The Ethereum network update, from Proof-of-Work (PoW) to Proof-of-Stake (PoS), [the Merge]( did not affect Ethereum prices positively. [ETH]( price showed a 12% drop in September 2022. The price of Ethereum was $1.335 on September 30. The best performing altcoins in September were - Quant ([QNT]( from $96.6 to $143.6 - XRP ([XRP]( from $0.32 to $0.48 - Compound ([COMP]( from $46.93 to $61.1 - PancakeSwap ([CAKE]( from $3.95 to $4.77 What's new on HitBTC In September, we burned a total of 27,680,211 HIT tokens (about $3,6 million USDT). [Transaction Link]( We have added a number of improvements in our [Crypto Wallet](. - iPhone and Android app users can now send funds to other HitBTC users using zero-fee off-chain transfers. - We know that the crypto wallet addresses might look confusing, so transfers to other HitBTC users can be made via their email, user ID, and anonymous links. In September, we successfully supported forks and updates of the following projects: - Theta Network ([THETA]( - Tezos ([XTZ]( - Cardano ([ADA]( - IoTeX ([IOTX]( - Terra Classic ([LUNC]( - BNB ([BNB]( - RSK Infrastructure Framework ([RIF]( - Ethereum ([ETH]( New listings on HitBTC - PLC Ultima ([PLCU]( is a mass-use crypto tool that aims to provide users with access to global financial infrastructure and instant payments around the world. - EthereumPoW ([ETHW]( is a hard fork of the Ethereum blockchain after the Merge. The Merge saw Ethereum transition to Proof-of-Stake, while the forked version remained on Proof-of-Work. [To HitBTC]( New articles: [Proof-of-Stake Explained]( [An Ultimate Guide to The Merge and Ethereum's Proof-of-Stake Transition]( [A Brief History of Blockchain: From Merkle Trees and Satoshi to Early Web3]( Cheers, HitBTC team Please note, we’re not offering any financial advice. It’s worth researching the topics of cryptocurrency, trading, and investing on your own or reach out to professional advisors. [App Store]( [Google Play](   [Twitter]( [Facebook]( [Reddit]( [Telegram]( [Telegram]( [Telegram](  [Click here]( if you want to unsubscribe from notifications. This is an automated notification, do not reply to it.