The professional team Rainforest Baseball’s Oakland Athletics is accepting bitcoin as payment for private suite reservations, while Ethereum unveils new EIP to ease tensions between developers, community and miners. 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
📍After marking a new all-time high, the price of Bitcoin (BTC) The cryptocurrency, which was trading above $8.000 USD yesterday, is now back at the $60.000 level. $54.700 USD. According to analysts, this is a healthy correction for the BTC price, which will soon reach over 70K. The key to optimism in the face of an upward trend for Bitcoin is in the large amount of liquidity moving through the stablecoins currently.
Bitcoin and Blockchain Adoption
📍The Oakland Athletics are beginning to accept Bitcoin as a form of payment for the rental and seasonal use of their private suites. This is another positive news for Bitcoin adoption, which is reaching more and more companies and organizations that accept it as a means of payment every day.
The Major League Baseball team announced via a press release shared on Twitter that private suites for the Oakland Athletics' full 2021 season are available for 1 BTC.
📍Also, the company SecurePay, dedicated to the business services and software development industry, is embracing payments with Bitcoin (BTC) and other cryptocurrencies, such as Ethereum (ETH), in addition to stablecoins So (DAI) y USD Coin (USDC).
According to release Shared by the company, SecurePay is optimizing its payment gateway to ensure that the processing of cryptocurrency purchases and the settlement of merchant funds with crypto assets is done quickly and efficiently, equalizing business processes with traditional credit and debit products.
Miners
📍In the state of Wyoming, United States, the company Highwire Energy Partners is using surplus natural gas for Bitcoin mining, instead of wasting it and continuing to pollute the environment. According to explains a media outlet specializing in the subject, the company is developing a viable solution to the problem of energy consumption by mining equipment to extract bitcoins and secure the network, taking advantage of the surplus of natural gas wasted by large gas companies in Wyoming.
According to him, Highwire Energy Partners' idea is to directly take advantage of natural gas that would catch fire or production wells that are destined to be closed for bitcoin mining.
NFT and DeFi Markets
📍Rob Gronkowski, the star American football player for the Tampa Bay Buccaneers of the National Football League (NFL) launched a collection of crypto collectibles in NFT which raised $1,8 million. The auction of the blockchain collectibles was carried out through the NFT marketplace, OpenSea, where collectors bid to acquire one of these pieces. The NFT collection also features a unique and exclusive token, which will give the highest bidder the opportunity to personally meet Gronkowski and attend his upcoming games in 2021.
📍Sophia The Robot Sophia and Bonaceto also join the NFT trend and frenzy of 2021, and are the first robot with artificial intelligence (AI) to launch a crypto art collection based on these non-fungible tokens, in collaboration with artist Andrea Bonaceto. The auction of the digital artworks created by Sophia and Bonaceto will begin on March 23, on the NFT Nifty Gateway marketplace.
This is also the world's first collaboration between a human and a robot for the creation of NFT artworks.
📍DC Comics, one of the largest American comic book publishers in the country, has plans to enter the world of NFTs. According to the publisher's senior vice president of legal affairs, Jay Cogan, on his Twitter account, NFTs are a great opportunity for DC Comics to experiment with new markets.
Kogan warned that any tokenization of a digital image featuring DC Comics intellectual property is strictly prohibited.
Development and Technology
📍A new improvement proposal for Ethereum, the EIP-3368, seeks to mitigate the current tensions between the Ethereum community and developers and the network's miners, who oppose the activation of EIP-1559. According to the new improvement proposal, miners will be able to receive a reward of 3 ETH per block for a period of 2 years, which will then be reduced to 1 ETH, while the transition to Ethereum 2.0 is completed. Furthermore, the proposal supports the activation of EIP-1559 to reduce network commission fees by expanding the block size when the network is congested.
This EIP seeks to favor the interests of both parties in disagreement. However, it seems that it lacks sufficient support in the crypto community to be accepted and activated in the near future.
Regulations
📍There is a great disparity among Indian regulators, who claim that cryptocurrencies and all their activities will be banned in the country altogether, while others believe that this will not be the case. According to a report According to Reuters, the country’s government plans to promote a bill that would penalize cryptocurrency mining activity, and even the possession of these digital assets. Cryptocurrency users, miners and investors will reportedly have a period of 6 months to get rid of their digital assets, before being subject to fines and penalties by the authorities.
Meanwhile, the country's finance and corporate affairs minister, Nirmala Sitharaman, said India will not close all options to cryptocurrency users and supporters. Sitharaman assured that the government will not ban all forms of trading in cryptocurrencies and digital assets, and that certain “windows” will remain open for innovation with Bitcoin and blockchain technology.
📍Nearly 6.000 holders of Ripple Labs' XRP token filed a motion to dismiss the Securities and Exchange Commission’s (SEC) allegations against the company, on the grounds that the XRP token is not a security in the United States. In the motion, the 6.000 token holders seek to file a lawsuit against the SEC and present themselves to the authorities as third-party defendants.
Continue reading: Ethereum developers prepare measures to resist a possible 51% attack
