This Week in Crypto: McAfee, Binance, BTC Airdrop & More!!
👨John Mcafee Dead👨
John Mcafee was found dead in his Spanish jail cell last week shortly after a Spanish court had approved his extradition to the United States
⚡Gemini’s Green Scheme⚡
Gemini will purchase carbon credits custody with the Climate Vault non-profit to offset Bitcoin’s carbon footprint
⛏Bitcoin Miners Move Out⛏
Kazakhstan seems to be the most convenient destination with one of Bitcoin’s largest mining pools plugging in there last week
😱Crypto Custodians Lose Crypto😱
Crypto custodian Fireblocks managed to lose the keys of an Ethereum wallet which contained over 70 million dollars in ETH. Founders of a South African crypto exchange also ran off with 3.6B in BTC
⛓Ethereum’s Upcoming Update⛓
Ethereum’s Ropsten testnet marks the first of four testnets that precede London, and assuming everything goes smoothly, we will see EIP 1559 go live at the end of August
💰El Salvador Bitcoin Airdrop💰
Adult citizens will need to download the government’s own Bitcoin wallet app and will also need to provide KYC in the form of a facial recognition scan to create a wallet address
📊Brazil Approves Bitcoin ETF, SEC Delays Bitcoin ETF📊
Brazil’s largest stock exchange has just listed its first Bitcoin ETF which had been approved in March. Meanwhile, the SEC has delayed another Bitcoin ETF decision
⚖UK Regulators Take Aim At Binance⚖
UK users can continue using the platform as normal and the ban is only in relation to Binance Markets Limited, which is Binance’s English incorporation
📉Bitcoin Dips…Twice📉
Bitcoin hit it’s lowest point just before the regular markets opened, and in that moment Microstrategy moved in to buy nearly 500 million dollars in BTC
📅Weekly Crypto Market Analysis📅
This week’s winners are Celo, Quant Network, again, Decred, Klaytn, and Crypto.com’s CRO token.
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.