Bitcoin Falls, Shiba Inu Continues To Bleed Despite News on Growing Use Cases Of Crypto

In yet another surprisingly positive development for the use case of Bitcoins, Mexico’s retail giant Grupo Elektra announced on Sunday night that it will start accepting Bitcoins as a payment method.

The price of the world’s oldest crypto Bitcoin was trading at $46,785.87 with a loss of 0.43 per cent over the last 24 hours.

Algorand, which is known as the Ethereum killer, was trading at its day’s low at $1.34 and is down by 3.62 per cent.

Rival Shiba Inu is still bleeding; it is currently available for $0.00003069 at a discount of 2.92 per cent over the last day’s price.

The Investment arm of the SOLANA blockchain, Solana Ventures partnering with Forte and Griffin has started a $150 million fund for developing the blockchain gaming ecosystem.

“It is the only technology that can uniquely identify any virtual object independent of a central authority,” said an analyst, as reported by Coindesk.

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