Short cryptonews for this week 37/52 (2023)

Short cryptonews for this week 37/52 (2023)

By Pasucaru | Crypto on fire | 16 Sep 2023


- Bitcoin price is trading around $26,000 after a dip below $25,000 this week. The total capitalization of the crypto market returned above $1,000 billion after this fall.

- A year has passed since Ethereum transitioned to a proof-of-stake (PoS) model, known as “The Merge.” This transition has brought significant improvements in terms of scalability and energy efficiency. However, the network faces persistent challenges related to centralization. Vitalik Buterin said that node centralization is one of the main problems facing Ethereum.

- The challenge of regulating cryptocurrencies has been at the heart of global debates. The G20, of which India currently holds the presidency, indeed seems determined to develop a unified approach in this regard.

- The London Stock Exchange has developed a business plan for blockchain-based digital assets.

- JPMorgan believes the SEC will be forced to approve spot Bitcoin ETFs after a legal defeat against Grayscale.

- Visa will use the Ethereum and Solana blockchains to expand its stablecoin settlement capabilities.

- Starting September 15, Google is relaxing its policy towards cryptocurrencies and derivative products, including advertisements for blockchain games using NFT.

- Experts conduct training for public school teachers in El Salvador on the use of BTC. This is useful for paying for your gas with BTC in El Salvador.

NFT of the week https://lenster.xyz/posts/0x0157e0-0xa1-DA-7c8aed5f  (Polygon network on Lens Protocol https://lenster.xyz/u/pasucaru )

NB: For some countries Swissborg (see my previous post about this exchange here) organizes the launch (september 20th) of the Phaver token (Lens ecosystem SocialFi).

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Pasucaru
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Crypto on fire
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