The latest there is in the world of cryptocurrency shines a growing market this week for CryptoWatch, with the coins retaining their values and pushing for stability in the market. Moreover, there is a new NFT brewing from Spotify to give users a special treat with their music streaming experience, as well as a crypto mining operation busted by law enforcement in Massachusetts.
There is still a lot to look forward to in the crypto industry to give the world much of what they need in this growing blockchain industry, but it needs to be honest and fair to avoid any run-ins with the law.
What Are the Top Coins' Values in the Market Now?
The top coins in the world remain in their previous rankings with the top being Bitcoin, followed by Ethereum, and USDT coming in at third.
The latest valuation of these coins remains in their safe prices as well (via CoinMarketCap), with several ups and downs on their numbers, perceived as normal in the industry.
Bitcoin remains at a strong $23,400 but saw a small percentage drop over the past week.
On the other hand, Ethereum also remains at around $1,600, also seeing the coin maintain its valuation around it. Tether's stablecoin numbers remain at $1.00, which is a good indication of its normal proceedings in the market.
Coming in at the fourth and fifth spot is the Binance blockchain's crypto which trades at around $303, followed by the USD Coin at $0.9999, seeing a slight increase over the past week.
Spotify's Exclusive Features for NFT Owners
Spotify is giving NFT owners an exclusive treat for their music streaming experience, as the company announced that there are special playlists available on the platform awaiting them. The Swedish music streaming platform is all about the digital platform, and this integration helps NFT owners enjoy more of what Spotify has to offer.
This will be available through the Kingship band from the metaverse, who claims that Spotify was already seen testing this on a beta experience.
Spotify's token-enabled experience gives owners a new way to enjoy the platform's music offers for their entertainment, also giving their NFTs new value in the market.
Illegal Crypto Mine in Massachusetts
Crypto mines are mostly hidden from the public and law enforcement as in some states, it is illegal to operate these as they consume massive amounts of electricity from the grid. However, in a recent bust in a Massachusetts high school, a secret crypto mining facility hidden inside of a crawlspace was discovered when looking for a faculty member.
The police managed to find the said mining facility after following a trail of wires leading to it, discovering the misplaced equipment from the school believed to be lost for some time now.
Allegedly, it is made by Nadeam Nahas, a 39-year-old faculty member who was also missing from his arraignment meeting last week.
Now, there is an additional warrant against him for the alleged operation of the crypto-mining facility underneath the school.
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