Crypto salut to crypto people!
The world of digital coins and blockchains is back to normal, as we can see from the amount of interesting various news coming up every day. Whales are holding, Musk is hodling, altcoins are surging – everything back to normal. Only one thing is unique – UEFA European Championship is going on – which influenced even the crypto world.
Find in the digest:
- Musk and Saylor push Bitcoin higher again
- Polkadot experienced a jump after Coinbase Pro launch
- Billionaire Paul Tudor Jones Supported Bitcoin
- UEFA Euro is on high rotation, so sports tokens and NFTs do
- The reality of El Salvador
Musk and Saylor Bail Water out of the Boat – Bitcoin is back above $40K – One Captain Should Abandon the Ship
Elon Musk promised to resume accepting bitcoins as payments for Tesla (NASDAQ:TSLA) if the coin will be based 50% on renewable energy. In the meanwhile, the coin raised above the $40K threshold again. Do those two-event connect? It seems that he’s a person who can slap and flip the poor crypto. Just a month ago, Tesla’s CEO made Bitcoin to drop drastically.
However, Bitcoin doesn’t live by Musk alone. Michael Saylor’s MicroStrategy is buying more and more. They sold around $488 million offerings of secured notes, which will be used for investing in Bitcoin.
Flipsider:
- I’m tired of news about Elon Musk. Let him walk the plank. Arrrgh!
But if you don’t know about our opinion on this fellow, check our articles here, here, here.
Polkadot’s Curve Ball (NYSE:BLL): The Coin Has Risen by More Than 15% After It Was Launched on Coinbase Pro
Altcoins are going in green steadily. Today, the best result was shown by Polkadot. This may be to happen because of the announced Coinbase Pro listing. The ability to trade the coin on the platform will be launched at 9AM Pacific Time, Wednesday June 16, all over the world except Singapore, due to the local jurisdictions.
Flipsider:
- There is such a phenomenon as the Binance effect. Maybe, this time we experienced a brand new Coinbase Pro effect.
Billionaire Paul Tudor Jones Supported Bitcoin Calling it “Good Portfolio Diversifier”
“I like bitcoin … Bitcoin is math, and math has been around for thousands of years,” claimed the billionaire in his interview for CNBC. As an investor with an uncountable amount of experience under his belt, he is planning to have 5% of his holdings in gold, 5% in bitcoin, 5% in cash, 5% in commodities. What to do with the rest 80% is still undecided.
Flipsider:
- One more fellow joined the bandwagon. Although, this time nobody changed their opinions. We didn’t notice Paul Tudor Jones ever named that Bitcoin a Ponzi Scheme or used similar epithets. He seems like a cool fellow! At least, for now…
Football Season Is Going Live, Same Does NFTs
On the weekend, we observed Chiliz and other sports concept tokens were surging, as the EURO2020 started. In the meanwhile, French Football Federation launched official player NFTs. Some of the footballers of the French National Team will be tokenized. Later on, we’ll be able to use it for trading and playing blockchain games.
The Real Situation with Bitcoin in El Salvador
This is more sort of photo news. As the El Salvador case and its influence was covered enough in the last articles, let’s take a look at this place itself.
This Associated Press article details the actual situation of Bitcoin payments in El Salvador. https://t.co/ES2ylOxpSp— Wu Blockchain (@WuBlockchain) June 15, 2021
Flipsider:
- On the one hand, Bitcoin can be a perfect way out for countries with extremely volatile national currencies. This is relatable for some countries in Africa, for instance. On the other one, if the country passed legislation on the economic use of Bitcoin, most of the population should have at least computers.
EMAIL NEWSLETTER
Join to get the flipside of crypto
Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.
[contact-form-7] You can always unsubscribe with just 1 click.
