Shorts cryptonews for this week 47/52 (2021)

By Pasucaru | Crypto on fire | 28 Nov 2021

-The Bitcoin network topped Paypal in terms of transaction volume per quarter in 2021, according to a report by blockchain analytics firm Blockdata despite a new variant of the coronavirus which is destabilizing the world of finance. The cryptocurrency market is down

- Tether (USDT) has just issued an additional USDT 1 billion on the Tron network. (Whale Alert)

- Coinbase announced the acquisition of crypto holding company BRD. (CoinDesk)

- The Maiar exchange platform of the Elrond Network project was launched on November 20 and is already adopted by thousands of users. As for its token, the MEX, its capitalization stands at $ 2.2 billion.

- Ripple announced its partnership with the Republic of Palau to explore the country's first national digital currency using XRPL.

- Niantic, known for designing the game Pokémon Go, wants to create a "real-world" Metaverse with a new fundraising of $ 300 million from investment manager Coatue. (Cointelegraph)

- Adidas is making the leap into the Metaverse by partnering with The Sandbox (SAND) in fact Adidas joined the Sandbox metaverse by purchasing an ESTATE 12x12. By the way, Adidas announced a partnership with Coinbase without further details.

- A virtual yacht was sold on The Sandbox this week for $ 650,000. (Hypebeast)

- Investment bank Morgan Stanley estimates that the NFT market could reach $ 300 billion by 2030. (CoinDesk)

-Australian Financial Services Minister Jane Hume said in an interview that cryptocurrency is not just a "fad" and believes that decentralized finance (DeFi) presents "incredible opportunities" for Australia. (CryptoPotato)

- LHV, one of Estonia's largest banks, will allow its customers to hold and trade Bitcoin, Ethereum, Chainlink and other cryptocurrencies on its mobile app starting next week. (Invezz)

- The Indian government is expected to introduce a crypto bill in December that aims to ban nearly all private cryptocurrency in the country and create a framework to facilitate the creation of a central bank digital currency (CBDC).(The Block)

- In a recent presentation, the President of El Salvador claimed that his country has more crypto wallets than bank accounts. He also spoke of a fully green "Bitcoin City" that would soon emerge.

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