The Bitcoin whitepaper, the technical document of the most important cryptocurrency in the world, celebrates 13 years of history, innovation and revolution. This 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
📍The Bitcoin whitepaper turns 13 years old since its publication. On October 31, 2008, the enigmatic Satoshi Nakamoto first published the Bitcoin whitepaper; the technical document which gave life to the world's first successful cryptocurrency. Nakamoto shared the Bitcoin whitepaper via a cryptography forum. In it, Nakamoto explained what is now one of the greatest technological innovations of all time. Bitcoin was presented as a peer-to-peer electronic cash system supported by a novel technology called blockchain, its underlying technology.
Thirteen years after the start of this technological revolution that is transforming the entire world, the crypto community is more committed to the development, learning and dissemination of this technological innovation. Great leaders of the crypto industry, such as Jack Dorsey, Michael Saylor and Anthony Pompliano, thanked Satoshi Nakamoto for his incredible creation.
📍Decentraland (MANA) value skyrockets with Facebook ads. Facebook's name change to Meta has pushed up the value of metaverse tokens like Decentraland (MANA). According to data from CoinGecko, the price of MANA has grown by 240% in the past few days, driven primarily by Facebook's new approach to the Metaverse. MANA reached a new all-time high of $4,11 per token yesterday.
Other metaverse tokens and NFT are also growing in value, such as Axie Infinity (AXS) and The Sandbox (SAND), whose prices have appreciated between 10% and 118% in the last week.
Bitcoin and Blockchain Adoption
📍Americans earn more than $7.000 in bitcoins with their stimulus checks. The Americans who decided invest Their stimulus checks, delivered by the administration of former President Donald Trump in April 2020, in cryptocurrencies such as Bitcoin and Ethereum, saw gains of over 700% in one year. With an initial investment of $1.200 in Bitcoin (BTC), one of the most invested cryptocurrencies with the funds from these checks, Americans made profits of around $8.200 in just over a year. By April of last year, the price of Bitcoin was around $8.000 per BTC, while at the time of this writing it exceeds $XNUMX. $60.300.
For those who decided to invest their stimulus checks in Ethereum (ETH), gains exceed 2.000%. In April 2020, the value of ETH was about $200, while at the time of writing it is above $XNUMX. $4.200 by ETH.
Miners
📍Bitcoin's hash rate recovers 90% in the last 3 months. At the time of this edition, the hash rate Bitcoin Surpasses 159 EH/s, According to data from Blockchain.com; showing a 90% recovery in the last 3 months. By the beginning of July, the network hash rate fell to 88 EH/s, motivated by the strong restrictions imposed by China on cryptocurrencies and the migration of miners from this country to other more friendly jurisdictions.
But now that Bitcoin miners have reconnected their equipment and reactivated their operations on the network, computing power is once again on the rise and approaching its all-time high, which according to data from Blockchain.com was seen last May, when Bitcoin's hash rate was above 180 EH/s.
Rules and Regulations
📍The US Department of Justice is seeking a leader for its cryptocurrency oversight team. According to job posting Department of Justice (DOJ), the agency is seeking a Director for the country’s National Cryptocurrency Enforcement Team, called NCET. The new director’s duties will be to support, investigate, and prosecute crimes involving cryptocurrencies and digital assets, as well as lead the Department of Justice’s efforts to reduce the criminal use of cryptocurrencies in the country.
DOJ seeks a professional in Law (Juris Doctor – JD) who has extensive experience in the area of supervision and administration of criminal proceedings involving cryptocurrencies, as well as extensive knowledge of blockchain technology and everything related to crypto assets.
Continue reading: Bit2Me enables deposits for all Ethereum ERC-20 tokens in its wallet
