Week in review: February 4, 2022 – Galaxy Digital announces sustainability plan!

Written by Robby Ramos
on February 7, 2022
Week in review: Feb 4 2022 - Galaxy Digital announces sustainability plan

In this week’s newsletter:

  • Galaxy’s new “sustainability program” will focus on environmental, social and governance issues.
  • Alberta looking to become an international destination for the crypto industry.
  • Michael Saylor believes clear crypto regulations would speed institutional adoption.

Read our weekly round up below.

Galaxy Digital Announces Sustainability Plan, Touts 80% Clean Mining

Decrypt | February 3, 2022
Galaxy Digital, a crypto trading giant with significant mining operations, announced a “sustainability program” on Thursday that is aimed at improving the company’s energy use and social impact.

Alberta Seeks to Diversify Economy By Becoming Crypto Destination

BNN Bloomberg | February 3, 2022
The Canadian province better known for its oil-rich resources is now looking to become an international destination for the cryptocurrency industry. Alberta is placing itself on a path to host all aspects of the crypto world including digital token mining, data centres and access to a high-tech workforce.

Bitcoin Evangelist Michael Saylor Says Clear Crypto Regulations Would Speed Institutional Adoption

CNBC | February 2, 2022
“Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as a major bitcoin believer and holder he’s looking for “clear, bright line definitions of digital property versus a digital security versus a digital currency and the operating rules of the digital exchange.”

Bitcoin, Ethereum Technical Analysis: ETH up Nearly 10%, Crypto Markets Rally

Bitcoin.com | February 4, 2022
Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher.

Blockchain Gaming, NFTs, And The Metaverse: The Crossover Of The Decade Is In Full Swing

TipRanks | February 2, 2022
The next big evolution of video gaming is the “metaverse” – an immersive virtual world powered by blockchain, non-fungible tokens, artificial intelligence, and augmented reality, among other things.

Latest Bitcoin Price and Analysis (BTC to USD)

Yahoo! Finance | February 4, 2022
Bitcoin has experienced a much-needed bounce from the $36,400 region overnight as it heads into the typically volatile weekend. The world’s largest cryptocurrency is currently trading at $37,950 as it attempts to mount a charge towards the $39,000 level of resistance before stock markets close for the week at 9pm GMT.

Robby Ramos

Robby Ramos

Director of Digital Marketing | Bridging the gap between digital assets and financial institutions.