Bitcoin broke the 60K level and reached $61.700 USD per unit, while MicroStrategy buys another 262 BTC and RushOrderTees joins the cryptocurrency investment. 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) marks a new all-time high above the $61.700 USDThe leading cryptocurrency in the crypto space reached this new milestone two weeks after having been close to $43.000 USD per unit. With this value, Bitcoin has grown by more than 1.700% in a year, considering that last March it was worth only $3.500 USD.
Bitcoin and Blockchain Adoption
📍The Bitcoin investment giant, microstrategy, announces a new purchase of the cryptocurrency, this time for 15 million dollars. The company's CEO, Michael saylor MicroStrategy announced on its Twitter account that it has acquired another 262 BTC, adhering to its treasury reserve policy in the cryptocurrency.
To date, the American business intelligence software development firm has a total of 91.326 BTC, purchased for an average value of $2.211 billion. At a current price of $60.050 USD per unit, MicroStrategy’s Bitcoin holdings amount to over $5.484 billion at press time.
📍RushOrderTees debuts as a new Bitcoin investor, betting close to $300.000 USD in this cryptocurrency, although it intends to extend its investment to more than 1 million dollars in BTC and other important cryptoassets on the market. The Philadelphia-based company, dedicated to the printing and embroidery of t-shirts, revealed that investments in Bitcoin, Ethereum and others cryptocurrencies, are planned to be completed in the next 2 months.
📍In Georgia, United States, House of Representatives approved a new law that implements financial education in the curriculum for high school students. The purpose of this bill is to educate and train youth about finance, money management and many other topics, including new financial technologies, cryptocurrencies and digital assets.
📍The streaming platform Hello pal, is experiencing a huge surge in traffic after announcing its involvement in a mining farm Dogecoin (DOGE) y Litecoin (LTC).
NFT and DeFi Markets
📍China will hold a digital art exhibition starting next March 26. The event's audience which will last approximately 10 days seeks to expose the potential of non-fungible tokens (NFT) to society. Called «Virtual Niche: Have You Ever Seen Memes in the Mirror?»The event will kick off in Beijing and then move on to Shanghai, where a total of 30 artists will showcase their talent in digital and crypto art.
Beijing will be the first city in China to host an exhibition dedicated to this cutting-edge art form, called NFT crypto art, which is becoming increasingly popular around the world.
Development and Technology
📍The Graph announced a new decentralized software creation stack called root, which works similarly to GitHub. Radicle will host The Graph’s governance protocol, which was previously held by the Graph Foundation and the Graph Council. Now, the protocol’s developers want to ensure that the crypto community and stakeholders in the project contribute to its development in a decentralized way. As the project stated, Radicle puts developers at the heart of code collaboration, and aligns with its vision of an open Internet built on public infrastructure, which was the natural choice for the Graph Improvement Proposal (GIP) process and the development of the entire ecosystem.
📍The Australian government continues to invest in innovation, and assigns resources totaling 5,36 million US dollars for the development of technology-based projects blockchainAs reported by a local media outlet in the country, the Australian government is focused on exploring the viability of blockchain to, especially, reduce the costs associated with regulatory compliance.
Continue reading: Bitcoin arrives at The Kessler Collection luxury hotels as a means of payment
