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El Salvador purchased 400 bitcoins worth $20.9 million, one day before the world's most popular cryptocurrency is legally adopted as legal tender. The announcement occurred on the same day that El Salvador's bitcoin law, which was passed in June, went into effect. El Salvador has established a wallet app called Chivo, which citizens may sign up for with their national ID and use to make bitcoin transactions. @CNBC

Recently, 200 oil and gas executives and bitcoin miners reunited, drank beer, and talked shop on a residential back street in Houston, in a 150,000 square-foot warehouse preserving high-end vintage cars. One hot issue of debate is the use of "stranded" natural gas to power bitcoin mining rigs, which minimizes greenhouse gas emissions while also generating revenue for both the gas providers and the miners. It was also on the agenda to use political clout to educate legislators about bitcoin. @CNBC

Cardano's ada token, already the world's third-largest cryptocurrency, set a new high of $3.09 on Thursday, bringing its market cap to above $100 billion. According to CoinMarketCap, the price eventually pared gains and was up 4.6% at $2.96. Meanwhile, Bitcoin climbed 2% to $49,283, after briefly exceeding $50,000 earlier on Thursday, but remains significantly behind its April high of $63,500. Ethereum, the second most valuable cryptocurrency, rose 1.5% to roughly $3,780, still much behind its all-time highs. Source: investors.com

Demand for credits is already skyrocketing and 2020 could have been an inflection point for climate change with many big firms voluntarily pledging to become either carbon neutral, or to entirely offset the impact of certain activities. Lots of players are motivated such as Airbus and Ikea. There is a token now called UPCO2 the world's first tradable carbon token now available on Uphold. Each token is backed 1:1 by a certified carbon credit representing one tonne of C02 or equivalent emissions averted in a given year. UPC02 is an Ethereum forked token, an ERC-20 token. You can buy one then burn it which enables you to offset your own footprint, or you can trade them. @Uphold

During the Asian hours, purchasers of Bitcoin (BTC) continued to profit as short-term overbought signals surfaced on the charts. Of press time, the cryptocurrency was trading around initial support at $47,500, down about 3% in the last 24 hours. The downturn could be stabilized by a lower support zone between $42,000 and $45,000. Source: Bloomberg