Weekly Report (17 Jan – 23 Jan. 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) BlackRock, A $10 Trillion Asset Manager Files For A Blockchain-Specific ETF
According to a Jan. 21 filing with the United States Securities and Exchange Commission, BlackRock Inc., the world’s largest asset management business, has applied for an exchange-traded fund (ETF) focusing on blockchain technology (SEC)…[continue reading]
2) Kosovo’s Government Creates Panic Following The Proclamation Of A Ban On Crypto Mining
According to The Guardian, cryptocurrency miners are selling their equipment at bargain basement rates in order to recuperate part of their investment after the country’s prohibition. The government ordered an immediate ban on all crypto mining operations at the end of last year as part of emergency efforts to alleviate a rising energy crisis…[continue reading]
3) Bitcoin Addresses In Accumulation Reach All-Time High As Nation-States “Buy The Dip”
Despite the general negative market, Bitcoin retains certain optimistic on-chain measures. The number of Bitcoin accumulation addresses has climbed by more than 10% in the previous several days, reaching an all-time high of over 550,000 addresses. National governments and organisations may have aided in the growth of Bitcoin accumulators…[continue reading]
A recent study indicates that Metamask cryptocurrency wallet users may be in danger of losing all their digital assets or perhaps facing physical threats. Alexandru Lupascu, a security expert and co-founder of the OMNIA protocol, discovered this vulnerability in the popular Web 3.0 wallet…[continue reading]
5) El Salvador Purchases $15 Million In Bitcoin At ‘Very Low Prices
El Salvador, the first government to legalise bitcoin, acquired 410 bitcoin for $15 million on Friday, President Nayib Bukele said on Twitter. Bukele, who also purchased bitcoin during a September drop, claimed Friday in an emoji-filled tweet that the nation had acquired the currency very cheaply…[continue reading]
6) Elon Musk Slams Twitter’s Integration With NFT
Elon Musk, the CEO of Tesla, is critical of Twitter’s new non-fungible token (NFT) integration. Musk chastised Twitter in a tweet posted Friday morning for allocating technical resources to integrating NFTs while failing to do more to control spam behaviour on the social media platform…[continue reading]