SOL price hit a new all-time high of $250, pushing its market cap to over $74.000 billion, while DOGE is back in the top 10 cryptocurrencies in the industry. 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
📍SOL rises to 4th place among the most important cryptocurrencies in the industry and DOGE returns to the Top 10. The capitalization of Solana The price of SOL, Solana's native cryptocurrency, reached a new all-time high on Wednesday, surpassing $74.400 billion today, earning it fourth place among the industry's top cryptocurrencies. $250 by SOL.
For its part, Dogecoin DOGE is also recovering its value and is once again ranked in the Top 10 of cryptocurrencies. With a market cap of $34.600 billion, DOGE ranks as the 9th largest cryptocurrency in the industry. The price of DOGE exceeds $XNUMX. $0,26 per unit currently. LUNA, the native cryptocurrency of EARTH, and DOT, native to Polkadot, are also at new all-time highs, with a value of $52,1 y $55 per unit, respectively.
In addition, we highlight that the Bit2Me token, the B2M Token, was listed this Wednesday on the main cryptocurrency search engines: CoinMarketCap and CoinGecko.
Bitcoin and Blockchain Adoption
📍Eric Adams, elected mayor of New York, will receive his first three salaries in Bitcoin. As announced, Adams has started a friendly competition with Francis Suarez, Mayor of Miami, to position himself as the leading Bitcoin mayor in the United States. Adams, newly elected Mayor of New York, the largest city in the United States, reported that he will receive his first 3 salaries in Bitcoin (BTC), the largest and most important cryptocurrency in the world.
The first American mayor to commit to accepting payments in Bitcoin was Suarez, who announced it this week through his official Twitter account.
📍Google bets $1.000 billion on CME derivatives markets. Internet giant Google is investing $1.000 billion in CME Group (Chicago Mercantile Exchange), the largest financial derivatives and commodities market. According to the release According to CME, with its investment, Google will help the market expand access for its investors and participants to new, more efficient, scalable and reliable financial products and instruments.
Google has signed a 10-year strategic partnership with CME Group through Google Cloud, which will transform derivatives markets through technology. Terry Duffy, CEO of CME Group, said that the alliance with Google will ensure the creation of new innovative products and services and improve their efficiency; in addition, it will facilitate the development of new solutions based on Machine Learning to enhance the real-time data and analysis capabilities of its participants, among other things.
📍Total Value Stake in Chainlink Surpasses $70.000 Billion. The network of decentralized oracles on the blockchain continues to gain popularity and acceptance. Today, the developers of this blockchain are celebrating a new milestone. chainlink has just surpassed $76.500 billion in total insured value, according to data shown in its web page.
Metaverses, NFTs and DeFi
📍Efinity Metaverse Fund, Enjin's new investment fund to build the decentralized Metaverse. The popular blockchain game Enjin announced the creation of a $100 million investment fund to support the construction and development of projects focused on the Metaverse. This was announced by the developers of Enjin through a release where they explain the importance of ensuring decentralization within the Metaverse, following the interest that Facebook has aroused in digital universes with its name change to Meta.
The social media giant's initiative has prompted companies from all sectors, from those dedicated to games and digital universes to well-known brands and multinational companies, such as Nike and Microsoft, to develop new strategies to enter the Metaverse. For this reason, with its new investment fund, called Efinity Metaverse FundEnjin wants to ensure the creation of the Metaverse in a free, open and decentralized way, as a space that allows entry and participation of everyone equally.
📍Nike trademarks its brand and products for use online and in the Metaverse. The American multinational sporting goods company is patenting its brand and products to protect their use online and in new virtual worlds.
Nike he presented with the United States Patent and Trademark Office an application to protect its trademark and products as downloadable digital goods online. The patent covers Nike's footwear, apparel, hats, eyewear, handbags, sports bags, backpacks, sports equipment, art, toys and other accessories.
Development and Technology
📍Electronic Arts says the future is in games Play-to-Earn. Andrew Wilson, CEO of Electronic Arts, one of the most well-known and important digital game developers, said that the Play to Earn game mechanic is the future of the video game industry. Wilson said during an interview that NFTs and “play to earn” games or Play-to-Earn are still in full development, but are becoming fundamental and promising elements for the future development of the industry. According to his statements, "it is still early to find out how it will work", but he believes that we are in a very good moment to develop new innovative and creative ideas that allow to offer an optimal experience to its players.
Electronic Arts CEO highlighted the potential of NFTs and blockchain to create inclusive, player-centric gaming economies.
Rules and Regulations
📍The US Office of the Comptroller of the Currency (OCC) will publish a report on cryptocurrencies. Michael Hsu, the current Comptroller of the Currency in the United States, said that he had concluded his review of the crypto industry and will likely publish new reports in the coming days. The Block Research reported that the US regulator had established a “crypto sprint” with the Federal Reserve and the Federal Deposit Insurance Corporation to understand and evaluate the regulatory landscape of cryptocurrencies in the country. The portal also reported that the OCC will soon publish new determinations and comments to applicants for bank charters.
Meanwhile, former Comptroller of the Currency and cryptocurrency advocate Brian Brooks has been hired by Bitfury, where he will serve as CEO.
Continue reading: 100 Montaditos accepts payments in cryptocurrencies thanks to Bit2Me
