Weekly Report ( 14 – 20 Feb. 22) | What Happened This Week In Crypto

This Report will provide you with some important and quick news of cryptocurrencies that happened around the world.

1) A New Measure In California Might Make Bitcoin Legal Tender

Dennis Porter, a bitcoin specialist, and political adviser Ian C. Calderon have collaborated on a novel idea that, in their view, may potentially make bitcoin legal money. Following Arizona and Tonga’s recent news over a likely effort to declare bitcoin legal money, the California measure has the potential to upset the legal tender race once again…[continue reading]

2) Elon Musk Said That Tesla Would Accept Dogecoin As Payment At Superchargers

Tesla will soon accept the cryptocurrency Dogecoin as payment at its Santa Monica supercharging stations, Elon Musk, Tesla’s chief executive officer (CEO), tweeted on Saturday morning, February 19, 2022. Following this statement, Dogecoin prices began to rise…[continue reading]

3) Belgian Member Of Parliament Is So Bullish On Bitcoin That He Converted His Entire Salary To Bitcoin

Christophe De Beukelaer explained in an interview with Cointelegraph that he decided last month to convert his entire salary (5,500 euros per month) for this year to Bitcoin in order to increase financial literacy, contribute to financial education in Belgium and throughout Europe, and to send a message that Bitcoin is a good store of value…[continue reading]

4) A Canadian Trucker Gets $8,000 Worth Of Bitcoin During A Livestream

While there have been several conflicts in the Canadian capital lately, smiles were exchanged on video as some Bitcoin contributed to the ‘Freedom Convoy 2022’ reached the hands of a truck driver during a livestream…[continue reading]

5) The CEO Of Kraken Advises Cryptocurrency Users To Avoid Centralized Exchanges

Prime Minister Justin Trudeau recently invoked the Canada Emergencies Act, which had severe consequences for some demonstrators. As the Canadian government prepares to confiscate accounts allegedly belonging to Freedom Convoy demonstrators, Kraken CEO Jesse Powell has warned investors to avoid centralised exchanges…[continue reading]

6) China Warns Against Fundraising Scams In The Metaverse

As the Metaverse gains momentum in China, the country’s banking and insurance authority has raised alarm about an increase in fraud cases. China’s banking and insurance authority has issued a warning to investors about firms that are illegally fundraising through the Metaverse…[continue reading]

7) Cherry Ventures, Based In Europe, Enters The Cryptocurrency Market With A New $34 Million Fund

Cherry Ventures, a Berlin-based seed-stage investor best known for its early investments in mobility firms Auto1 and Cazoo, is preparing to trade-in vehicles for cryptocurrency with the launch of a new $34 million fund…[continue reading]

8) Ryan Reynolds, A Hollywood Actor, Feels Cryptocurrency Is ‘Developing As A Major Factor’

As bitcoin use continues to grow, more celebrities, athletes, and businesses are getting involved in an industry that was previously dominated by technology. Ryan Reynolds, a Hollywood actor and MNTN chief creative officer, addressed his opinions on cryptocurrencies with Bloomberg Markets’ Emily Chang…[continue reading]