Major US bank Goldman Sachs has confirmed its cryptocurrency services for preferred clients, while Bitcoin and Ethereum have seen growth of more than 12% in the last week. 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
📍Bitcoin (BTC) y Ethereum (ETH) The largest cryptocurrencies in the crypto industry by capitalization, grew by 12% and 22% of their value, respectively, in the last week. BTC is trading at the time of this writing, above the $59.000, although on the day it was close to touching 60K, with a value of 59.880 dollars. For its part, ETH is listed at $1.930, just 5% below its all-time high of $2.042 seen on February 20.
📍As Bitcoin struggles to reach $60.000 again, several NFT-related tokens are gaining momentum in the markets, marking new all-time highs. AXS Axie Infinity is listed on the $5,6 at the time of this writing, but the token hit an all-time high above $7,3 recently. The token FLOW of the blockchain Flow, which runs on the NBA moments platform Top Shot, grew 34% in the last week, trading at $34 currently.
Also the tokens of DeFi are growing in value. In the last week, AAVE from the loan protocol Aave grew by more than 23%, reaching a value of $380 per unit. However, AAVE is still far from its all-time high, seen in February, when the token surpassed $575.
Bitcoin and Blockchain Adoption
📍Goldman Sachs, one of the world's largest banks, confirmed that it is close to launching cryptocurrency services for private wealth management (PWM) clients. During a interview Speaking on CoinDesk TV, the bank confirmed the new crypto services, noting that Mary Rich is the new global head of the bank’s Digital Assets Group, who will be responsible for advising clients on the bank’s new services.
Goldman Sachs has been dabbling in the world of cryptocurrencies and digital assets for some time now. In August last year, the bank revealed that it was preparing to launch a cryptocurrency exchange. CBDC own and recently reported that its clients were eager to enjoy new services that provide exposure to the crypto industry.
📍Glassnode, a blockchain data and analytics firm, notes that bitcoins stored within exchanges centralized have fallen by 20% in the last year. According to the data According to the supplier, at the beginning of 2020, the inventory of bitcoins deposited in exchanges exceeded 3 million BTC, while to date there are about 2,4 million BTC within these spaces. The high demand for bitcoins from corporate and institutional investors may be a factor that is contributing to the withdrawals of BTC from centralized exchange platforms.
Source: GlassNode.
📍Citizens of the United States and El Salvador can now send and receive remittances with Bitcoin without worrying about fees and commission costs. The Zap Solutions company designed a new enforcement which allows citizens to use bitcoins to send remittances. Remittances can be made without costs thanks to the integration of the Bitcoin second layer network, Lightning Network.
📍The Bitcoin crypto community is organizing to save the first bar in the world to accept payments with this cryptocurrency. As reported Bit2Me News in October last year, Room 77 announced its closure due to difficulties related to the spread of COVID-19 around the world, which forced the bar to close its doors and, therefore, to have a financial deficit.
Although Room 77 said goodbye to the community assuring that its time had come and that it had fulfilled its mission, bitcoiners are pushing for a proposal to help the bar keep its doors open, and continue hosting crypto community meetups as it has in the past.
NFT and DeFi Markets
📍The protocol Immutable X, developed as a layer 2 of Ethereum, now allows integration with the NFT marketplace, OpenSea, in order to eliminate high gas fees from the network. On its Twitter account, OpenSea reported the integration of the protocol, to offer a “gas-free trading experience, without sacrificing the security of the Ethereum network”.
📍Zora, an NFT marketplace powered by Zora Labs Inc., raises $8 million to boost its development within this booming ecosystem. In the declaration In a filing with the United States Securities and Exchange Commission (SEC), Zora noted that the funds come from 5 investors, although it does not detail which companies participated in this round of investment in favor of the NFT market.
Cybersecurity
📍An attack of ransomware The attack rendered the digital services of Castellón City Council inoperative for several hours. Although at the time of this edition, the City Council had managed to neutralise the attack, the tax portal, the municipal website and the internal system of the City Council were attacked by cybercriminals, who carried out a ransomware attack to hijack the data and access to the services.
According to a report on Twitter, the City Council's platform and its digital services were blocked for several hours, preventing the entity's staff from accessing or controlling its own services.
Regulations
📍The mining pool Marathon Patent Group, which has made significant purchases of Bitcoin mining equipment to increase its hash power and the United States' leadership in the Bitcoin network, he pointed which will adhere to U.S. crypto laws and regulations, so it will not process bitcoins involved in illicit activities or flagged by the state.
The mining company said it will fully comply with anti-money laundering (AML) and U.S. Office of Foreign Assets Control (OFAC) regulations.
Continue reading: Paypal authorizes cryptocurrency payments in the United States
