Newsletter Jun 16, 2022
Bitcoin Could Drop To $13,000, Says Analyst Who Predicted 2018 Crypto Winter

Peter L Brandt predicted a huge crash in the price of the world's biggest cryptocurrency, saying that BTC is following a "Drano" chart pattern.

Bill Gates Throws Shade On Crypto, NFTs As Untrustworthy Amid Digital Assets' Downturn

Bill Gates dismissed digital assets like cryptocurrency and NFTs as "100% based on greater fool theory” at a recent conference.

Crypto Market Shows Slight Improvement, Top Coins Get Back In Green

Meme cryptos Dogecoin and Shiba Inu surge too.

Global NFT Market To Grow More Than 3-Fold To $13.6 Billion By 2027: Report

Major factors fueling the momentum of NFT growth include the increasing influence of celebrities on NFT adoption, revolutionizing the gaming industry and the slow but continuing rise in demand for digital artworks.

Web3 Remains ‘Mega-Mega Bullish’ Despite Crypto Downturn, Says Polygon Co-Founder

Web3 is an idea for a new iteration of the World Wide Web, based on blockchain technology.

1989 Ferrari 640 Sold Using Stablecoin Himalaya Dollar (HDO)

The first Ferrari F1 car equipped with a semi-automatic gearbox, the 1989 Ferrari 640, has been sold using the Himalaya Dollar (HDO), a stablecoin belonging to the Himalaya Exchange.

BitMEX Co-Founder Avoids Jail Time, Sentenced To 30 Months Probation

New York Federal court has sentenced Benjamin Delo, one of the three BitMEX co-founders, to a probation period.

Airtel Launches India’s First Multiplex In The Metaverse

Airtel’s Xstream multiplex will be a 20-screen platform with access to content portfolios from leading OTT partners available on the application.

Bitcoin Price Has Plunged 67% In 7 Months, Could Drop Further

The price of Bitcoin has plunged to around $22,000 from a record high of $67,000 in November 2021.

Central African Republic President Unfazed By Bitcoin Crash

The President of the Central African Republic (CAR) has doubled down on his Bitcoin bet despite the recent market crash even as the crypto market is reduced to less than $1 trillion.

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