Cryptonics News – Week of February 14, 2021

Cryptonics News - Week of February 14, 2021

Here is a new edition of the news digest of the Cryptoactu.com website, for the week of 06 to 12 February 2021. A weekly publication that gives you an overview of the highlights of the last 7 days, in a few essential links. A good way to keep an eye on the cryptosphere while enjoying the weekend.

This week, Tesla announces a $1.5 billion investment in Bitcoin.

Despite its scalability problems, the Ethereum network outperforms Bitcoin in the area of value transfer volumes.

The Binance Smart Chain sets all records at the beginning of this year and becomes the most profitable investment location.

Following in the footsteps of its competitors, the MasterCard company announces that it is considering the integration of cryptomoney systems into its payment network.

North American regulators are opening the door to the very first official ETF available on Bitcoin.

As a bonus this week, the somewhat disastrous adventure of the historical founder of the Dogecoin cryptomony. He sold everything in 2015 to buy himself… a used Honda Civic!

Have a great weekend and see you next week for more crypto adventures.

Tesla adopts Bitcoin: BTC takes flight

Tesla adopts Bitcoin: BTC takes flight

Tesla, the famous technology company headed by the no less famous Elon Musk, said it had invested $1.5 billion of its cash in Bitcoin.

If the news was expected, it was like a bomb propelling the price of Bitcoin to new heights.

Flippening – Ethereum Overtakes Bitcoin as a Value Transfer Network

Flippening – Ethereum goes beyond Bitcoin as a value transfer network

Flippening - Ethereum goes beyond Bitcoin as a value transfer network

The competition between Bitcoin and Ethereum is historic. Fans of the latter are waiting for the flippening that would make ETH the first cryptomony by market capitalization.

A reality that still seems as unlikely as a few years ago. But which records some major successes suggesting that the position of the BTC is not as hegemonic as it seems. Especially considering that the achievements in the field date back a decade or so at the most.

Binance Smart Chain vs. Ethereum – A real revolution or low-cost blockchain

Binance Smart Chain vs Ethereum – Real revolution or low cost blockchain

Binance Smart Chain vs Ethereum - Real revolution or low cost blockchain

The time is in search of the best tool to try to escape the monstrous fees currently demanded by the Ethereum network. And there is no shortage of options in the field of what are perhaps a little too quickly called the Ethereum killers.

These blockchains and other solutions allow to escape its undisputed monopoly on all ERC20 tokens. That is to say the vast majority of the current cryptomoney market with no less than 360,000 different contracts registered to date.

MasterCard will integrate certain cryptos directly into its network.

MasterCard will integrate certain cryptos directly into its network

MasterCard will integrate certain cryptos directly into its network

Payment giant MasterCard plans to integrate cryptographic transactions directly into its network. This is a first for Visa’s competitor, which has not, however, disclosed which cryptos would be supported. However, the balance is tilting more towards the stable corners.

Unbelievable – First ETF on Bitcoin approved in North America

Incredible – First ETF on Bitcoin Approved in North America

Incredible - First ETF on Bitcoin Approved in North America

Nothing seems to stop the adoption of Bitcoin by the traditional financial markets. And this dog’s-eye view that has now lasted for years is now giving way to an almost precipitous idyll.

A movement that affects all spheres of the economy. And it is breaking down the last barriers erected in front of the BTC since its inception. For it seems that nothing can stop it now, at the beginning of 2021, in this historic and definitive year.

The founder of the DOGE sold everything in 2015 to buy a used Honda Civic.

DOGE’s founder sold everything in 2015 to buy a used Honda Civic

The world of cryptomoney is full of success stories that make all newcomers dream. But it is also teeming with great stories of millions of dollars of loose money. Misadventures that make people smile as long as they are not on the list of victims.

Which can happen very quickly, on a simple decision to sell that turns out to be the biggest financial mistake of a lifetime. The founder of the Dogecoin has had the painful experience…

Cryptonics News – Week of February 14, 2021
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