This Week in Crypto: Miami, ETH Adoption, Bitcoin ETF & More!!
👨💻Google Reverses Crypto Ad Ban👨💻
Google has that it would be reversing its ban on cryptocurrency advertisements for US users in a surprise announcement. Crypto ads will become available for select companies in August 2021
🍎Apple Co-Founder Loses Crypto Scam Suit🍎
Google has successfully quashed a lawsuit by Apply co-founder Steve Wozniak and 18 others who have been featured in crypto giveaway scam streams here on YouTube
⚖DOJ Classifies Ransomware As Terrorism⚖
The US Department of Justice has announced that it will be treating ransomware attacks like terrorist attacks. This is a problem because the cryptocurrency of choice for these ransomware attacks is Bitcoin
⛓Ethereum Adoption Accelerates⛓
Institutions are buying it, Norton will let you mine it, and the Anchorage bank begins offering Ethereum backed loans
🤖SEC Approves Robo Crypto App🤖
Makara is an SEC sanctioned mobile app that creates a cryptocurrency portfolio depending on an investor’s goals, interests, and risk tolerance. It also trades automatically to maximize profits
🤼Elon Musk vs. Anonymous🤼
While the video did not detail exactly what actions Anonymous plans to take against Elon, their historical activities suggest they will find and leak sensitive information about him, Tesla, and/or Space X
☀Bitcoin Meetup In Miami☀
Over 60 thousand people including Microstrategy CEO Michael Saylor, Twitter CEO Jack Dorsey, and even skateboarding legend Tony Hawk came together for the largest ever annual Bitcoin conference As part of a presentation by the founder of the Strike Bitcoin lightning network wallet, a pre-recorded message by El Salvador’s president revealed he is tabling a bill to make Bitcoin legal tender
💰Solana Builds War Chest💰
In addition to launching an NFT marketplace, Solana is apparently looking to raise nearly half a billion dollars to take on Ethereum as the top smart contract cryptocurrency
📊Weekly Crypto Market Analysis📊
Turning to the crypto market we can see that Bitcoin is continuing the sideways price action that began after that sharp crash in mid-May. This week’s winners are Theta and its TFUEL token, Curve Finance, Solana, and Kusama.
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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.
