With the announcement that Tesla company has made an investment of $ 1.5 billion in Bitcoin, Bitcoin price has skyrocketed. Tesla also stated they made an application to SEC to support payments to be made with Bitcoin.
Avalanche and Ethereum Networks are Connected
According to the project called the Avalanche Ethereum Bridge, thanks to the connection established between Avalanche and Ethereum, people will be able to switch between the two ecosystems according to the price and speed of the transactions. When the transaction fees in Ethereum rise, traders will be able to use Avalanche network with reduced fees and when there is not enough liquidity in Avalanche, it will be possible to switch back to Ethereum network for higher liquidity.
Interest In Cryptocurrencies is Quite Different In The USA And Japan
A Japan-based exchange reached more than three thousand companies in the US and Japan, and conducted a survey that measured companies' interest in digital assets. According to the survey results, US citizens think that Bitcoin is more attractive than gold whereas most of the Japanese participants were negative against Bitcoin.
Digital Yuan Begins To Be Used For Payments
According to the report of the South China Morning Post, a Hong Kong-based newspaper, China will distribute 30 million digital yuan as of February 10. Digital yuan will be used in both online and physical stores. Thus, the process of bringing the digital yuan project to the public, which is the biggest part of China's transition to a cashless payment system, is accelerating.
Alo Fatwa Line is Getting Questions About Bitcoin
According to the news of the Anadolu Agency, 155 thousand questions are asked to the "Alo Fatwa" line in 2020. Bitcoin and cryptocurrencies are among the most asked questions of citizens. People are curious about the religious provisions of cryptocurrency usage.
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