Bitcoin's value on the markets is recovering this Thursday, while the ENJ token grew by 30% in the last few hours. Meanwhile, Ukrainian officials declare holdings of more than 46 thousand bitcoins. 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
📍The price of Bitcoin (BTC) recovers this Thursday, reaching a value of $58.200 at the time of writing this note. Analysts believe that the cryptocurrency is recovering a key level to continue the upward trend. However, they also warn of the possibility of Bitcoin falling to the $55.000 level.
On the other hand, an increase in the number of deposits in the stablecoin Tether (USDT) This could be a signal to buy Bitcoin. According to analysts, investors may start buying during the dip. This Thursday, the 8th, an inflow of almost 500 million dollars in USDT was recorded on the main cryptocurrency exchanges in the market.
📍ENJ, Enjin's token, is being boosted by the launch of JumpNet and its arrival at a new exchange cryptocurrency. In the last few hours, ENJ has skyrocketed by more than 25%. The value of ENJ went from $2,46 to more than $3,34; although at the time of this edition it is trading around 3,22 dollars.
Interest in the cryptocurrency has only intensified this year. ENJ developers have successfully obtained approval from the Japanese Virtual Currency Exchange Association (JVCEA), making ENJ the first gaming token authorized for official use in the country.
Bitcoin and Blockchain Adoption
📍Forbes publishes the 36th edition of the list of the world's billionaires, which includes 9 personalities from the crypto world. According to the magazine's announcement on Twitter, the list is headed by Jeff Bezos, owner of Amazon; but there are already 12 personalities from the crypto world who are among the world's largest millionaires, such as Sam Bankman-Fried, the Winklevoss twins, Michael Saylor, Changpeng Zhao, Brain Armstrong, Barry Silbert, among others.
📍US bank State Street, the country's 99th largest bank and second oldest, is launching a bank-grade crypto trading platform. The company's vision is to explore crypto trading and offer a new portfolio of financial products for its customers and investors.
NFT and DeFi Markets
📍Socialite, actress, and businesswoman Paris Hilton reveals herself as a technology enthusiast, especially NFTs. On her Twitter account, the famous businesswoman shared a document where she indicates why she believes that NFTs are the future of the content creator economy.
Paris Hilton points out that; one of the main advantages that technology offers blockchain is to help creators increase the value of their work and also share it with their fans and followers in real time.
📍The protocol DeFi Reef Finance lanza Baskets V1, an investment solution that works like an ETF, and that will allow investors to have access to a wider number of cryptocurrencies and digital assets.
📍1inch is changing its name to 1inch Network as an important step towards its evolution. The developers of the DeFi protocol announced that this is a strategic and logical move that better reflects its new and future functionalities, which go beyond being a simple decentralized exchange protocol (DEX).
CBDC and Central Banks
📍In Russia, the country's central bank he pointed that its digital currency (CBDC) for the ruble will exist in a hybrid environment, based on distributed ledger technology (DLT) and under the supervision of the central bank, in order to prevent illicit activities. The entity aims to draft the new rules that will govern the operation of the future CBDC in 2022.
Sweden is another central bank that believes new regulations will be needed to govern its CBDC, called e-krona. And Japan says common rules governing bank digital currencies will be necessary to create a robust banking system and emerging economies.
This model of a centralized system was publicly rejected by Robert Kiyosaki, who claimed to prefer the freedom, decentralization and transparency of Bitcoin to the surveillance of governments and central banks with their digital currencies.
Regulations
📍In Spain, 14.600 owners and holders of bitcoins and cryptocurrencies were notified by the Spanish Tax Agency to file their 2020 income tax returns, reported Jesús Gascón, general director of the Tax Agency. The income tax campaign began last Wednesday, and as Gascón indicated, the number of those notified is quite similar to that of two years ago. Those notified must file their tax return online through Renta WEB or through the entity's APP.
📍Thomas Hodge, co-founder of Crypto & Policy and XRP investor, opened a application directed to --Gary Gensler, a candidate for chairman of the United States Securities and Exchange Commission (SEC) to drop the lawsuit filed against Ripple in late 2020. Hodge's petition is on behalf of the XRP crypto community, whose investments were affected by the lawsuit.
At the time of writing this note, the value of XRP on the markets exceeds $0,98, although it recently exceeded the value of 1 dollar for the first time in 3 years.
📍Russian officials are declaring their cryptocurrency holdings, while those in Ukraine report over 46.000 BTC under their possession. According to the report According to a report by OpenDataBot, 791.872 Ukrainian officials submitted their declarations, of which 397 claim to own 46.351 bitcoins. In this report, other officials claimed to own cryptocurrencies such as Ethereum, Litecoin, Cardano, among others. Although the cryptocurrency with the highest dominance is Bitcoin, with 61,1%.
Continue reading: You can now use Bitcoin to pay Rick Caruso's rent in the United States
