Bitcoin down, other cryptocurrencies mixed early Tuesday morning

FOX Business2021-08-24

Ethereum and Dogecoin were trading around $3,338 (+0.07%) and 31.5 cents (-3.23%), respectively, per coin.

The price of Bitcoin was lower by more than 1% Tuesday morning as other major cryptocurrencies were mixed.

The price was around $49,740 per coin, while rivals Ethereum and Dogecoin were trading around $3,338 (+0.07%) and 31.5 cents (-3.23%) per coin, respectively, according to Coindesk.

In cryptocurrency news early Tuesday, a high-severity security issue in the code of Ethereum’s most popular software client, Geth, was released earlier in the day, Coindesk reported.

Details of the fixes weren’t disclosed "to give node operators and dependent downstream projects time to update their nodes and software," according to a posting on the release page.

China’s digital yuan has been used to pay storage fees to a delivery warehouse in the Chinese city of Dalian, marking the first use of its kind within the domestic futures market.

The price of Bitcoin was lower by more than 1% on Tuesday. Aug. 24 2021, as other major cryptocurrencies were mixed.(iStock / iStock)

According to a report in The China Securities Journal Monday, the Dalian Commodity Exchange had paid the fees to Dalian Liangyun Group Storage and Transportation Co., Ltd.

Local branches of the Bank of Communications and the Dalian branch of the Bank of China assisted in the transaction, Coindesk reported.

China's digital yuan, digital renminbi, or e-CNY is a digital version of the country's physical notes issued by the People's Bank of China (PBoC).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
5