Bitcoin and Ethereum continue to rise, setting new all-time highs, while the British ask that big brands accept cryptocurrencies as a payment method. This and more news in this handy daily summary so you are always informed with those most recent events that happen within the crypto world.
Cryptocurrencies and altcoins
📍The bull run continues for Bitcoin (BTC) y Ethereum (ETH), which recently reached new all-time highs. BTC, the most important cryptocurrency on the market, exceeded $58.640 USD the afternoon of this Saturday, February 20, while ETH reached a new ATH in the $2.042 USD, also seen this February 20.
📍Gene Simmons, bassist of the group Kiss and one of the most famous rock stars, revealed an investment of $300.000 USD in Cardano (ADA). The rocker, who published his investment on his Twitter account, claimed not to be an expert in cryptocurrencies, but that he decided on ADA because he considered it an asset with an affordable value that has shown significant growth.
Bitcoin and Blockchain Adoption
📍The results of a poll by Piplsay to British citizens, reveal that 41% of participants consider stocks and the stock market as risky an investment as cryptocurrencies, while another 42% consider investing in crypto assets safe.
The survey applied by Piplsay to more than 6.000 citizens showed quite favorable results for the crypto industry, which is gaining ground in the world of finance. Of those surveyed, a 46% consider that cryptocurrencies should be accepted as a payment method by the big brands, while a 26% stated they have plans to invest in crypto assets in 2021.
📍A Spanish company dedicated to energy trading announced that it will integrate cryptocurrencies as a payment method on its platform. In one interview, Pedro Morais Leitão, president of Luzboa, reported that the company is working on the design of a digital wallet to allow its customers to pay electricity bills with bitcoins.
Leitão reported that the initiative responds to Luzboa's need to satisfy the growing demands and demands of customers, who are more interested in cryptocurrencies every day.
📍In Catalonia, around 1.920 people participated in the digital voting process that took place in parallel with the elections to the Parliament of Catalonia. The initiative, which was developed in conjunction with the Blockchain Center of Catalonia (CBCat), the University of Girona, the i2cat Foundation, the Polytechnic University of Catalonia and the Vocdoni digital platform, allowed a pilot test of digital voting to be carried out in blockchain.
The results of the digital voting were published immediately, although the head of the project, Pau Escrich, pointed out that some improvements must be made to guarantee 100% transparency, security and reliability of the process.
📍Mogul Productions, a HollyWood film production company is adopting blockchain technology to create a decentralized financing platform, which will allow the production company to raise funds for its films, while also allowing creators, fans and investors to have a voice and participate in the making and creative process of the films .
The production company affirms that through blockchain it will be able to guarantee transparency and solve some of the most frequent problems that the film industry currently faces; such as difficulties in receiving financing, little participation and interaction with fans, and failures in monitoring the investments made by companies or individuals for the filming and filming of the films.
NFT and DeFi Markets
📍The team Sushi Swap, one of the most popular DEXs in the DeFi, is celebrating having obtained the “sushi.com” domain, which will serve as a tool to increase Internet traffic and exposure to the “sushi” brand on the DEX for its future projects.
The domain was acquired through Future Fund, a cryptocurrency, blockchain and Fintech investment fund.
📍Chris Torres, creator of the famous Internet meme Nyan cat, sold an NFT of his meme for no less than 300 ETH; $583.000 USD at time of sale. Torres, who says he does not have much knowledge about cryptocurrencies, stated that he has “opened the door to a completely new meme economy in the world of cryptocurrencies,” which will give the opportunity to many of his colleagues, meme creators, to enter the “new creative economy” to monetize their inventions.
Continue reading: Taproot activation on Bitcoin mainnet will begin at the end of March
