A survey by Goldman Sachs reveals a huge appetite for Bitcoin, Ethereum, DeFi, and NFTs among its clients and high-level investors. These and more news stories are in this handy daily digest so you're always up to date with the latest developments in the crypto world.
Cryptocurrencies and altcoins
📍Ethereum Classic, Loopring, ApeCoin, Axie Infinity and Cardano are the 5 winning cryptocurrencies this week. Over the past 7 days, the price of ETC, LRC, APE, AXS and ADA has grown by between 35% and 75%. The cryptocurrency with the biggest gain in the past week is Ethereum Classic, which is currently worth over $46,9 per unit.
Source: CoinGecko
Bitcoin and Blockchain Adoption
📍Goldman Sachs investors have a huge appetite for Bitcoin, Ethereum, DeFi and NFTs. The results of a survey conducted by the American bank Goldman Sachs reveal that its clients and investors are increasingly interested in exposing themselves to cryptocurrencies such as Bitcoin and Ethereum, in addition to DeFi y NFT.
According to the bank, 60% of respondents said they will increase their exposure to the main cryptocurrencies on the market in the next two years, while 14% indicated their interest in investing in products related to the DeFi ecosystem and NFTs.
A total of 172 senior investors from the bank participated in the survey. Of the 60% of investors who responded positively to increasing their exposure to cryptocurrencies, 32% assured Goldman Sachs that increasing their investments in Bitcoin and Ethereum would be quite noticeable.
Goldman Sachs reopened its digital asset trading desk in 2021, allowing its clients to trade Bitcoin futures.
📍Ukraine adds new cryptocurrencies for donations. The Ukrainian government announced that it can now accept donations in 14 different cryptocurrencies, including the most popular ones, such as Bitcoin and Ethereum, stablecoins like Tether (USDT) and private cryptocurrencies like Monero (XMR).
At the time of writing this article, the Ukrainian government and its armed forces have received a total of 65,1 million on its cryptocurrency and fiat fundraising platform.
📍1.800 ATMs in the United States enable the purchase of Dogecoin (DOGE). The meme cryptocurrency continues to gain popularity despite its price being 80% below its all-time high. Dogecoin (DOGE), driven primarily by Elon Musk and Mark Cuban, is the 12th largest cryptocurrency on the market, with a market capitalization of 18.000 million.
Now, this cryptocurrency is accessible to US users via Bitcoin of America ATMs, which also facilitate Bitcoin transactions (BTC), Ethereum (ETH) and Litecoin (LTC).
NFT and DeFi Markets
📍Madonna buys Bored Ape NFT for over $500.000. Renowned American singer, actress, businesswoman and icon Madonna is the latest of the great artists to join the NFT trend and the MetaverseOn her Twitter account, Madonna revealed that she has finally made her entrance into the virtual world alongside the Bored Ape Yacht Club, one of the most popular NFT collections in the history of the blockchain industry.
Rules and Regulations
📍The creators of the Frosties NFT collection are facing a lawsuit in the United States for fraud. The United States Department of Justice (DOJ) has defendant to the creators of Frosties NFT for the fraud of 1,1 million dollars in the sale of these assets.
Ethan Nguyen and Andre Llacuna, creators of the NFT collection, left the project and disappeared with the money after selling 8.888 NFT tokens from the collection on the Opensea marketplace. The DOJ said that Nguyen and Nguyen failed to keep promises made to investors, making it a case of fraud and money laundering using non-fungible tokens.
The crypto community and NFT investors were put on alert after funds from the sale were moved to several addresses under the control of the project's creators. The DOJ's lawsuit is one of the department's first moves into the NFT market.
📍Abu Dhabi is considering trading NFTs in its ADGM free zone. Abu Dhabi Global Market (ADGM) published a document of consultation in which it exposes the possibility of enabling the trading of virtual assets, including NFTs.
Continue reading: Bitcoin adoption grows in Africa, the most dynamic market in the crypto industry
