Shorts cryptonews for this week 48/52 (2021)

By Pasucaru | pass fire | 4 Dec 2021


- Nearly $ 400 million worth of crypto was liquidated on Friday after bitcoin fell below $ 52,000. (Coinglass)

- Ethereum's capitalization exceeds half that of Bitcoin for the first time, and its transaction volumes have reached 60% of BTC values.   - On the Ethereum Magicians forum, Vitalik Buterin presented a new Ethereum Improvement Proposal (EIP) in an effort to address issues with very high network fees.  

- The virtual land "BookLocal - Hotel Booking" on Decentraland (MANA) was sold for $1.08 million (210,000 MANA), making it the 2nd most expensive NFT on Decentraland. (PANews)

- In an interview with Forbes this week, CZ, the CEO of Binance, revealed that the main factor for listing a cryptocurrency on Binance is its number of users. Other elements are also studied, such as the number of active addresses and the size of the community on social networks.

- Meta is expanding its crypto advertising on Facebook and Instagram, allowing more businesses to post crypto offers. (Cointelegraph) 

- The other company founded by Jack Dorsey, Square, will change its name from December 10th. It will be called Block and thus intends to show its interest in blockchain and cryptocurrencies.

- Adidas bought their own NFT Bored Ape Yacht Club. By the way, Adidas has announced a collaboration with Bored Ape Yacht Club, Gmoney and Punks Comic to enter the metaverse.

- According to a report released by the Bank of Russia, and despite the government's hostility to cryptocurrencies, Russians conduct more than $ 5 billion in transactions per year and are among Binance's best clients.

- Croatia's largest supermarket chain now accepts multiple cryptocurrencies for online payments, including Bitcoin, Ether, and two stablecoins. (CoinGape)

- The country's central bank is considering launching a digital rupee in a bid to "fight" cryptocurrencies like bitcoin (BTC), said Juda Agung, deputy governor of the Bank of Indonesia.

- South Korea is delaying the introduction of the tax for crypto traders until January 1st, 2023.

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