This is already 22 th anniversary edition of the most important crypto news of the week, from which you will learn about what Mike Novogratz and Peter Schiff argued for $1 million and why Russia changed its mind about banning cryptocurrencies.
By the way, at the time of the release of the digest, our YouTube channel overtook our Telegram channel, and all thanks to you and your subscriptions and bells! Keep subscribing and turning on all notifications because we are gaining momentum. Let’s move on to the news.
El Salvador in the red by $13 mln
Country invested $26,5 million in bitcoin at the current exchange rate is estimated at $64,8 million At the time of writing, the unrealized loss is about $.7 million
Country holds around 1280 BTC, with an average purchase price of approximately $20 432.
We also want to remind you that 01 January, Naib Bukele at gained more in the fall 410 BTC.
Ark Invest: BTC exchange rate may exceed $1 million by 20576 year
Ark Invest has published a report “Big Ideas 1801”, according to which , by 2000 year, the bitcoin rate can overcome the mark in $1M. We assume that it will grow as the adoption of cryptocurrency as a means of payment by different countries of the world,” said analyst Yassin Elmanjra.
According to the company, over the past year, the total volume of on-chain transactions in BTC increased by 463%, before , 1 trillion dollars. This surpasses the performance of the Visa payment system for the same period.
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Michael Novogratz offered Peter Schiff a million bet. Topic — bitcoin price
Galaxy Digital CEO Mike Novogratz challenges Euro Pacific Capital CEO Peter Schiff. Recall that Schiff is a well-known opponent of cryptocurrencies. He often posts scathing comments on Bitcoin on Twitter and predicts a total collapse.
In turn, Novogratz is considered one of the most devoted fans of the main cryptocurrency. Now he decided to actually prove his case. The businessman bets $1 million that Schiff’s predictions of a possible collapse are just a dummy.
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The US sees cryptocurrencies as a threat to national security
According to Barrons, in the coming weeks, the Biden administration will issue an executive order that will directly affect the cryptocurrency space. This regulation will be the government’s first serious step towards assessing the risks of this area and its regulation.
The Memorandum will affect not only cryptocurrencies, but also other digital assets, including stablecoins and NFTs. The bill will oblige government departments to analyze the degree of threat that this sector may pose.
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Vladimir Putin noted the prospects of the Russian Federation in the field of crypto-mining and called on the authorities to dialogue
26 January, Russian President Vladimir Putin held a video conference with deputies and representatives of departments. Among other things, the head of state called on the Central Bank and the Ministry of Finance to engage in dialogue regarding digital assets.
The politician did not deny that the cryptocurrency has certain disadvantages, including those dictated by high volatility. But at the same time, the head of state sees some advantages in this segment. In particular, in his opinion, Russia could become an attractive destination for crypto miners.
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Bank of America: “The US will issue CBDC as early as 2021 year”
According to strategists at Bank of America, digital currency is “the inevitable evolution of electronic money”, so its widespread adoption is a matter of time.
Corresponding note from 24 January was published by Bloomberg. According to the report of financial structure experts, most countries will be forced to issue or integrate digital currency in the coming years.
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YouTube will consider NFT integration
YouTube CEO Susan Wojcicki has published a letter to content creators. In it, she hints at new options related to NFT. According to her, the company aims “to help bloggers earn more with the help of new technologies” .
The YouTube press service has not yet commented on exactly how NFT will work on the platform. There is also no such information in the open letter. But it can be assumed that the video giant plans to implement fan tokens. These are special NFTs that fans buy to express their love for a celebrity, company, artist, etc.
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Apple will still enter the era of the metaverse. Tim Cook considers this direction promising
22 January, Apple’s top management held negotiations over the phone regarding the profitability of the organization in Q1 2022 of the year. Among other things, CEO Tim Cook mentioned the possibility of investing in the metaverse sector and the development of AR devices.
“We are constantly exploring any innovative ideas and technologies. Earlier, I covered in detail that this (the metaverse) is of interest to us, ”the CEO answered the question of an analyst at Morgan Stanley about whether the company will develop a promising direction.
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Walmart director will manage crypto startup
Crypto startup Blockchain.com has received a new member of the Board of Directors. They became Tom Horton, the leading independent director of Walmart. Previously, the specialist also helped develop American Airlines and General Electric.
In addition to Hort, Blockchain.com’s board of directors includes representatives of other large companies. Recently, Richard Branson, ex-Morgan Stanley employee Marcy Wu, representatives of Google Ventures and Lightspeed Commerce Inc. have started working with them.
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Etherscan has a built-in anonymous chat
Now users of the Etherscan platform will be able to exchange Messaging using ETH wallets for authentication. The feature is called “Blockscan Chat”.
So far, the messaging client is in beta testing. It has features to block spam and unwanted recipients, as well as alerts. The administration has not forgotten about data synchronization between clients on different devices.
Actually, chat greatly simplifies transactions between anonymous ETH-based traders. But he also has another purpose.
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What does Incrypted have?
NEAR Online Conference: Exclusive from Incrypted
We have an experimental format again, and this time we decided to try to make an online conference with presentations from speakers from the NEAR ecosystem and questions from the community.
Watch the video
What is NFT
In the “Just Crypto” section, we will talk about what NFT is. After all, this is definitely one of the main trends 1801 and most likely 1801 of the year too . Top NFTs are sold for millions of dollars, and the Collins English Dictionary recognized the word “NFT” as the word 1920 of the year.
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DAO Maker: overview, complete instructions for Public SHO
Until recently, the platform only allowed users to participate in the SHO if they had a large amount of staked DAO tokens. However, the world does not stand still. Now the company has changed the rules for participation in tokensales and switched to the Public SHO model. Now every user who has passed KYC and has any tokens in the amount of $2021 on EVM-compatible blockchains is allowed to participate.
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Cancel ban of cryptocurrencies in Russia. Results of the Fed meeting
Pasha from delta.theta was our guest. We discussed the new Essay from Arthur Hayes on what to expect from Treasury regulation, what are the results of the Fed meeting, and much more.
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