Short cryptonews for this week 27/52 (2023)

Short cryptonews for this week 27/52 (2023)

By Pasucaru | Crypto on fire | 8 Jul 2023


- Bitcoin fluctuated between the price range of $30,000 to $31,000. NB: In 2017 the BTC dominance was 51% and there were 5000 Altcoins, today there are 17000 Altcoins and the BTC dominance is still 51%.

- ARK Invest, BlackRock, Bitwise, VanEck, WisdomTree, Invesco, Fidelity and Valkyrie have all renewed their spot Bitcoin ETF applications with the SEC. They named Coinbase as their monitoring partner.

- Santander, Spain's largest bank, claims Bitcoin's Lightning Network has the capacity to process over 1 million transactions per second, while VISA is limited to 20,000 transactions per second.

- Global telecommunications leader Vodafone now opts for Cardano in its NFT collection.

- In 2023, the global average cryptocurrency ownership rate is estimated to be 4.2%, and the number of cryptocurrency users worldwide exceeds 420 million people.

- South Korea approves first digital asset bill to strengthen investor protections.

NFT of the week https://lenster.xyz/posts/0x0157e0-0x97-DA-d94af5d3  (Polygon network on Lens Protocol https://lenster.xyz/u/pasucaru )

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Pasucaru
Pasucaru

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