Billionaire Bitcoin whales have accumulated 90.000 BTC in the past month, while Hawaii is leading crypto adoption in the US. 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.
Bitcoin and Blockchain Adoption
📍On Twitter, Santiment explains that Bitcoin whales have accumulated more than 90.000 BTC in the last 25 days. According to Santiment, millionaire Bitcoin addresses, holding between 100 BTC and 10.000 BTC, have accumulated 90.000 BTC in less than a month, marking a 7-week high of 9,11 million BTC, valued at over $366.890 billion. Santiment also noted that this amount represents 48,7% of the total Bitcoin supply on the market.
📍MiQ Digital, a marketing company, revealed that interest in cryptocurrencies in the United States has increased by 3.000% in the last 5 years. Según un study According to the company, 6% of the country's population owns cryptocurrencies, with the states of Hawaii, Nevada, California, Florida and Colorado showing the highest adoption. The study also revealed that Dogecoin (DOGE) is cryptocurrency which tops the list in the country and which Nearly 2.300 US companies are accepting payments in bitcoins and other cryptoassets.
📍NASCAR driver Landon Cassill said he feels very comfortable with cryptocurrencies. Cassill made these claims when he announced that he will receive payment for an endorsement deal in bitcoins and litecoins. According to the report According to the Associated Press, Cassill will be the first NASCAR driver to be paid entirely in cryptocurrency.
📍The US National Republican Congressional Committee (NRCC) will accept cryptocurrency contributions. This Thursday, the NRCC released a release reporting that donations and contributions can be made in crypto assets, thanks to the alliance with a digital platform. With this announcement, the NRCC becomes the first national party committee in the United States to begin accepting contributions for its campaigns in cryptocurrencies.
NFT and DeFi Markets
📍CNN enters the world of nFTs and blockchain technology. The news agency follows in the footsteps of Time and Fox and announces the launch from a collection of non-fungible tokens (NFT) to celebrate its more than 40 years of making history in the world. As the agency explains, the NFTs will offer “some of the most historic moments that changed us and the world” in the form of officially licensed digital collectibles, authenticated and verifiable by technology blockchain.
Miners and validators
📍Ethereum 2.0 validator deposits hit a new all-time high. In May, the amount of deposits in the staking network (PoS) of Ethereum reached 26.681 deposits, being the month with the highest number of values so far. In total, Launchpad shows that the ETH 2.0 network has a total of 168.586 active validators who have locked 5.550.660 ETH. At press time, the amount of ethers locked in ETH 2.0 exceeds $13.040 billion.
Development and Technology
📍Bitcoin Core now offers support for Taproot transactions in its Bitcoin wallet. The developers of the Bitcoin Core digital wallet published a update to support Taproot, one of the most important implementations of the blockchain network. The new update allows users to receive and send funds using the Taproot format. For now, the developers note that “basic support” for Taproot transactions is offered and that the update is still being developed in the open.
📍Integritee, a blockchain privacy firm, also participates in Kusama parachain auctions. The privacy provider announced a $2 million investment round to bid for parachain space on Polkadot’s Kusama network. Companies such as LD Capital, AU21, DFG, FBG, and OKEx Blockdream Ventures participated in the round.
Policies and Regulations
📍John McAfee, creator of the antivirus software company that bears his name, files for bankruptcy. The McAfee pioneer said on Twitter that his fortune has evaporated and that he does not have hidden cryptocurrencies as the US government thinks. John, 76, was arrested by Spanish authorities for tax evasion and tax fraud in October last year, he has been in prison since then and the US is seeking his extradition to the country.
The U.S. Department of Justice and the Tax Division of the U.S. Department of Justice accuse John of evading taxes by concealing his assets between 2014 and 2018, as well as accusing him of participating in a $13 million cryptocurrency-related scam.
Continue reading: Kyber Network makes its way to Polygon, the “Polkadot” of Ethereum, with Kyber DMM and Rainmaker
