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Solana Labs has launched ‘Solana Pay’ payment protocol

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Hi there! This is a weekly digest brought to you by the Good Crypto team. We know how important it is to be well-informed about the latest developments in the niche, so we have brought together the past week’s most interesting events. Below you will find the hottest news, latest exchange listings and even memes to cheer you up. If you want to get these updates as soon as we post them, follow us on Twitter or Telegram.

Weekly Market Summary

Solana Labs has launched ‘Solana Pay’, a payment protocol, which will allow merchants to accept payments directly from customers.

Transactions will be instant, Solana Labs said, adding that merchants will receive payments “in real time”.

MicroStrategy announced that it purchased an additional 660 BTC for $25 million in cash at an average price of $37,865 per BTC.

MicroStrategy currently HODLs 125,051 BTC, acquired for ~$3.78 billion at an average price of ~$30,200 per BTC.

Quick weekly news:

Other notable events include:

Grayscale Launches First ETF

Grayscale has announced the launch of an ETF that tracks Bloomberg Grayscale Future of Finance Index and selects U.S. Bank as Service Provider. The new ETF is made up of 22 crypto-forward firms.

The Bloomberg Grayscale Future of Finance Index comprises companies representing three “Future of Finance” pillars:

“As we strive to meet investor demand for products that will define the next generation of investment portfolios, we are thrilled to reach this important milestone: a first step in what will be an ongoing strategic expansion of Grayscale’s investment offerings that leverage the ETF wrapper,” said David LaValle, Global Head of ETFs at Grayscale Investments.

Google Is Exploring Blockchain Technology

During the company’s December quarter earnings call, the CEO of Google Sundar Pichai stated that Google’s parent company Alphabet is exploring the possibilities of blockchain integration into its main products such as YouTube and Google Maps services, aiming to support the new generation of the Internet.

“The web has always evolved, and it’s going to continue to evolve. As Google, we have benefitted tremendously from open-source technologies, and we plan to contribute there,” said Sundar Pichai.

New Listings on Binance:

New Listings on KuCoin:

New Listings on Kraken:

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MonaCoin is an open-source decentralized cryptocurrency and a p2p payment network launched in January 2014. MonaCoin is built on an algorithm called Lyra2RE (v2) and is based on a hard fork of Litecoin.

The MonaCoin payment network is entirely decentralized. Like most decentralized projects, it doesn’t belong to one single person but belongs to all users. Furthermore, the platform’s peer-to-peer technology makes it independent and self-governing. The coins are issued collectively with the users of the system as payment for mining.

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Hedera (HBAR) is a cryptocurrency that runs on a hashgraph blockchain. The Hedera Hashgraph enables cryptocurrencies, smart contracts, and DApps. Hedera is owned and backed by some of the biggest corporations in the world and uses a different version of the proof-of-stake consensus algorithm to provide quicker transaction speeds, cheaper fees, and reduced energy consumption compared to the other cryptocurrencies.

👉🏻 Recent announcements:

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We have prepared top-performing coins as of February the 3th!

Quant has managed to become the best performing asset among TOP-100, gaining 21.95% within the last 24 hours.

Convex Finance was the worst-performing asset among TOP-100, losing 13.80% within the last 24 hours.

Top cryptomeme of the week

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