The word Bitcoin was written more than 100 million times on Twitter in 2021, revealing the importance and popularity of the largest cryptocurrency in the crypto industry by capitalization. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Cryptocurrencies and altcoins
📍The drop in the price of Bitcoin and major cryptocurrencies liquidated more than 130.000 futures contracts. Coinglass, an analysis firm blockchain, shows that the 7% correction suffered by the stock market cryptocurrencies, This Tuesday, it caused the liquidation of 136.600 BTC and other cryptoasset futures contracts, worth more than $445 million. According to the data, the platform with the highest liquidated volume was Binance, with almost 60%.
Source: Coinglass
Bitcoin (BTC) touched the $47.000 level on Tuesday. At press time, the market's most important cryptocurrency is trading above $XNUMX. $50.400 per unit, recovering about 6% of its value in the last few hours.
Bitcoin and Blockchain Adoption
📍100 million tweets mentioned Bitcoin this 2021 on the mini-blogging social network Twitter. Jameson Lopp, cypherpunk and co-founder of CasaHODL, revealed that mentions of Bitcoin on social media platform Twitter grew by 350% this year, citing data from monitoring firm Visibrain. According to Lopp's post, the word Bitcoin was mentioned a total of 101 million times across Twitter, revealing the huge popularity that the market-leading cryptocurrency has gained in 2021.
Other cryptocurrencies like Ethereum (ETH), Dogecoins (DOGE) y Cardano (ADA), were mentioned 18, 26 and 3 million times, respectively, According to data published by Visibrain.
📍Ferrari will offer exclusive digital content to its customers and fans through blockchain firm Velas Network. Luxury sports car company Ferrari has partnered with Velas Network to develop new cutting-edge digital products and services. Ferrari is preparing for the Scuderia Ferrari season where it will possibly launch its own digital collectibles on blockchain. Velas Network, the firm with which it has partnered, is a major company in the blockchain and NFT sector, which has become a distinguished player in the crypto industry thanks to its technological leadership and the innovation of its services, explained the company.
NFT and DeFi Markets
📍Polygon Network-powered UNXD partners with Decentraland to host the first virtual fashion week in the metaverse. Luxury NFT marketplace UNDX and blockchain gaming platform Decentraland are inviting top fashion brands and designers to dive into the potential of the digital world; to celebrate the first-ever virtual currency week in the blockchain metaverse. The event will be held next year, from March 24th to 27th, in the Decentraland Fashion Street fashion district, featuring fashion shows, online sales, parties and more.
Development and Technology
📍The new version of the Ethereum programming language integrates several notable features. Solidity 0.8.11, the new version of the Ethereum programming language, integrates a language server and allows for a more secure way of performing ABI coding, the developers explained through their official blog. The new version of Solidity It also fixes several bugs present in its previous version and integrates new improvements to allow greater interoperability between different development environments (IDE). The improvements will make Solidity a more versatile and practical programming language, facilitating the development of smart contracts on the Ethereum blockchain.
Rules and Regulations
📍New European standard defines the first Model for Decentralized Identity Management based on blockchain technology. The UNE 71307-1, recently published by the Spanish Association for Standardization (UNE), indicates the first global model for the Management of Decentralized Identities on Blockchain and Distributed Ledger Technologies (DLT). This standard will govern the issuance, use and management of elements and attributes that allow the creation of self-managed digital identity, both for individuals and for companies and organizations.
Continue reading: Terra's decentralized stablecoin UST surpasses DAI in market cap
