• The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. • The law defines blockchain as an immutable ledger that can record transactions and track assets using a computer network. • Legislators behind the document defended the approach they took to include new technologies in the law, arguing that the generic way in which it mentions blockchain allows for flexibility in the future. The city of Sao Paolo has

Bullet Points: • Cosmos (ATOM) moved closer to a key resistance level of $12.50 on Friday. • Solana (SOL) rebounded from a key support point at $20.00. • The 14-day relative strength index (RSI) is tracking near a ceiling of 66.00. Cosmos (ATOM) and Solana (SOL) have both been on the move this Friday, with both tokens making gains against the US Dollar. Cosmos has been on a strong run since Thursday, when it hit a low of $11.70. The

• Bitcoin (BTC) rebounded from Thursday’s losses, climbing back up to the $21,000 level on Friday. • Ethereum (ETH) also rose, climbing from a low of $1,515.79 on Thursday to a peak of $1,559.55 earlier in the day. • The move comes despite the news that crypto lender Genesis has recently filed for bankruptcy. The cryptocurrency market has seen an increase in volatility this week, with Bitcoin (BTC) climbing back above the $21,000 mark on Friday. After falling by nearly