Ethereum is hitting a new all-time high above $1.800 USD as cryptocurrencies briefly enjoyed a run above Google in terms of market cap. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Cryptocurrencies and altcoins
📍‌This February 10th, Ethereum (ETH) marked a new historical maximum in its value, reaching $1.826 USD per unit. Similarly, trading volume in the newly launched ether futures contracts of CME Group, the Chicago Mercantile Exchange, reached $30 million on its first day on the market.
According to data According to CME Group, 8 Ethereum futures contracts were traded on February 388, each containing 50 ETH.
📍‌For its part, Bitcoin (BTC) after reaching an all-time high of $48.025 USD On February 9, it fell by more than 4% in the last few hours, reaching a new value of $44.600 USD at the time of this writing. Even so, Bitcoin's market capitalization plays a very important role in the total capitalization of cryptocurrencies, which is currently above $XNUMX USD. 1,36 billones of dollars.
Bitcoin maintains a dominance of almost 61% over the volume of money deposited in the cryptocurrency markets, followed by Ethereum, which has a capitalization of more than 192 billion at the time of writing. On the other hand, when Bitcoin touched the 48K level, Cryptocurrency market capitalization surpassed $1,42 trillion, briefly surpassing the market cap of internet giant Google.
📍‌Litecoin (LTC) LTC is also taking off in the markets. The cryptocurrency is currently ranked number 8 among the largest cryptocurrencies, with a market capitalization of over $12 billion. LTC is showing a return of almost 50% in the last 2 weeks, and recently hit a 3-year high, above $XNUMX billion. $195 USD.
Bitcoin and Blockchain Adoption
📍‌Murubeni, one of Japan's largest retailers, is adopting blockchain technology with Circularise to ensure transparency and traceability in the supply chain. The company is implementing Circularise BV's blockchain and zero-knowledge proofs (zk-SNARKs) to create a traceability platform that allows customers, brands, manufacturers and suppliers in Japan and Asia to know all the details about a product, as well as information about the processing of raw materials, carbon footprints and all information related to the company's compliance and sustainability.
📍‌After Elon Musk, the richest man in the world, announced a $1.500 billion investment in Bitcoin by his car company Tesla, and the possible inclusion of this cryptocurrency as a payment method in the company, the community of Monero (XMR) le offers the billionaire also added the privacy cryptocurrency among the new payment options on Tesla's website.
📍‌Amazon, the e-commerce giant, appears to have plans to revamp its payment system and experiment with a digital currency in Mexico. According to the company, in several publications job offers, Mexico will be the official launch country for its new payment product, which appears to be aimed at emerging markets.
Miners
📍‌The miner manufacturer ASIC U.S, FutureBit, It is done marketing your new Bitcoin miner called FutureBit Apollo BTC, a mining rig designed to serve a dual purpose: ensuring the mining of the market-leading cryptocurrency, Bitcoin, as well as functioning as a full node within the network. To achieve this, FutureBit Apollo BTC runs the node software and the mining software from a single location.
📍‌The provider of cryptocurrency mining services in Russia, bitriver, announced A customer, who remains anonymous for the moment, placed the largest order for cryptocurrency mining equipment seen in the country so far. In total, the customer ordered 20.000 mining rigs, whose computing power amounts to about 70 MWh.
Cryptosecurity
📍‌Chainalysis and exchanges Cryptocurrency exchanges are closing the Bitcoin accounts of users who have donated BTC to the provider of verified links to darknet markets. According to a Twitter post by dark.fail, the addresses of two users who made donations to this provider were blocked on the exchanges, after the renowned blockchain forensic analysis firm marked them as suspicious.
Events
📍‌Solana Foundation x Serum organize the DeFi Hackathon which will take place from February 15th to March 1st of this year. Created to encourage the participation of software developers in DeFi, this event is supported by several of the most well-known Ethereum-based decentralized finance protocols, such as Aave, Chainlink, SushiSwap, Defi Alliance, and more.
DeFi Hackathon will award over $400.000 USD in prizes for the top 3 places and 7 teams, and will also give the best projects the opportunity to continue building and compete for a $200.000 USD seed funding round.
📍‌Jonas Schnelli, Bitcoin Core developer, won a grant for one year for $96.000 USD, from the Bitcoin mining company, Marathon Patent GroupSchnelli has been involved in the development of Bitcoin since 2013, and this opportunity will allow him to continue his work on behalf of the network.
📍‌Michael saylor, CEO of MicroStrategy, He launched a free course for anyone who wants to learn about Bitcoin. The course, called “Bitcoin for Everyone” is now available to the general public.
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