What Happened in the Crypto Industry & NOBI During the Past Week?

Hey, NOBI’s! Last week, the crypto industry witnessed some phenomenal breakthroughs. Roj Gokal set his sights on Solana, targeting a staggering 100x growth. Dubai is gearing up to build the world’s first Bitcoin Tower. As a result of the US debt ceiling agreement, top crypto assets soared. There are also rumors swirling about GTA adopting cryptocurrencies. Want to know more? Check out our special crypto news roundup of the past week!

1. Roj Gokal Targets Solana to Grow 100x from Its Current Value

Solana bertujuan untuk menjadi “Apple” dalam dunia kripto dengan fokus pada usaha kecil dan kemitraan infrastruktur. Dalam wawancara spektakuler, pendiri Solana, Roj Gokal, menjelaskan bahwa Solana memiliki target pertumbuhan hingga 100 kali lipat dari nilainya saat ini dengan menjalin kemitraan dengan usaha kecil dan memprioritaskan kolaborasi infrastruktur.

Salah satu contoh kemitraan Solana adalah dengan Boba Guys, jaringan kafe yang berbasis di San Francisco, yang telah menjajaki program loyalitas menggunakan aset kripto Solana sejak bulan April. Solana memanfaatkan teknologi non-fungible token (NFTs) dan token lainnya untuk mendorong penjualan dalam kemitraan ini.

2. Dubai Prepares for Construction of the World’s First Bitcoin Tower

Uni Emirat Arab (UEA) is currently preparing for the development of the Bitcoin Tower, which will be the world’s first Bitcoin tower. The project was officially signed by the developer of the Bitcoin Tower, Salvatore Leggiero, on May 24th.

The Bitcoin Tower will be built in Dubai as an iconic hotel inspired by the cryptocurrency. The building will have 40 floors and will be designed by architect Simone Micheli. During their presentation, Leggiero and Micheli mentioned that the Bitcoin Tower will have two versions: a physical version in Dubai and a virtual version to be released in the metaverse.

What’s even more interesting is that Leggiero explained that the Bitcoin Tower in Dubai will be a unique hotel. It will be designed with advanced technology, environmentally friendly materials, and will be carbon neutral.

3. Crypto Prices Soar in Response to the US Debt Ceiling Agreement

The crypto market is in the green zone with positive sentiment following the announcement by the White House regarding the approval of a debt ceiling increase. Bitcoin has experienced a daily gain of 3.43% and a weekly gain of 5.35%, while Ethereum has seen a daily gain of 3.08% and a weekly gain of 5.89%.

In fact, such an increase in the debt ceiling will enhance liquidity and potentially weaken the value of the dollar, leading the market to once again consider cryptocurrencies as an alternative currency. All seven cryptocurrencies with the largest market capitalization are performing well, both on a daily and weekly basis. Polygon has emerged as the top gainer, with a 9.96% increase over the week.

4. Earn Bitcoin by Playing Games? Rumors of GTA 6 Adopting Cryptocurrency

GTA 6, the highly anticipated video game, is rumored to adopt a play-to-earn model and utilize blockchain technology. If these rumors are true, players will be able to earn real money through the game and convert in-game earnings into cryptocurrencies that can be used in the real world.

These new features are believed to revolutionize how players engage with the game and earn income. While there is no official confirmation yet, the speculation has created excitement and anticipation among GTA fans. Let’s wait for further information to see what GTA 6 has to offer and how it will impact the gaming and cryptocurrency industries.

5. Increasing Competition: Beijing Releases Web3 White Paper to Drive Innovation

The government of Beijing has released a whitepaper on Web3, showcasing their commitment to building a decentralized internet. The whitepaper encompasses the use of blockchain and artificial intelligence (AI) and has received positive responses from prominent figures in the crypto industry. Over 30 provinces and cities in China have also issued supportive policies for Web3 development. This step demonstrates China’s seriousness in developing the digital asset industry and positioning itself as a key player in decentralized technology.

That wraps up for Crypto This Week. We’ll see you at the next one!