Wow. Much Crypto! Very News!
Issue #2 (July 8th, 2021)
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Happy Thursday! 🥤
I can’t believe another week has already passed. First I want to thank everyone who already subscribed to this newsletter! I am absolutely blown away by the feedback and strong engagement from this new community. Some improvements made this week, we are going to start including a weekly market snapshot at the top of the newsletter. Just remember, if you are reading these words, you are early in the crypto space. Thanks again!
Okay, let’s jump into this week’s most interesting stories!
Market Weekly Snapshot:
Nothing special in the markets this week for our top five. Personally, I do not expect anything crazy until Bitcoin can move out of this consolidation phase or make a sizable move to the upside or downside.
This week’s best news:
Crypto and Bitcoin are gaining speed in India 🇮🇳. So much so that India could hit international crypto exchanges with an additional 18% tax
Coinbase is looking to take advantage of crypto popularity in India. Coinbase plans to woo Indian recruits with $1,000 in crypto 🤑
Another country about to follow El Salvador? Argentine lawmaker introduces bill for workers to be paid in crypto
New York City. City of Bitcoin? Eric Adams, New York’s likely next leader says he wants the city to be a BTC hub
Any Cardano fans subscribed to this newsletter? You’ll be happy to hear that Grayscale has added Cardano to its digital large-cap fund. You can find this fund under the ticker GDLC 🚀
To mine or not to mine? That is the question. Bitcoin mining difficulty records the largest drop in history. ⛏️
Interested in getting started with mining? Compass mining may be worth checking out. Here’s how it works. Select a miner you would like to purchase from Compass, they ship it to to a power center and take care of setting it up. Boom! You are now mining crypto
Is the US 🇺🇸 making a crypto move? FED’s Powell may have had a secret meeting with Coinbase CEO in May
Another week, more ransomware. 🐱💻 Ransomware Group REvil Strikes Again, Demands $70M in Bitcoin From 200 US Firms
Dutch football team scores a major goal ⚽! AZ Alkmaar, Dutch Football Team, will receive bitcoin payments from its new sponsor, local exchange Bitcoin Meester, and hold it on its balance sheet until 2024. I have a strange feeling this team will be buying a lot of superstar talent in a few years
Digital Cats are expensive! Total NFT sale volume surges $2.5 billion in the first half of 2021 🎨
Grab the utensils. Ethereum’s London hard fork is expected to launch on August 4th. This update is a bit technical so I recommend reading up on EIP 1559 and EIP 3554, these are the two main updates coming with this update
Want to kickstart your Crypto Career? Join a 3-week-long intimate workshop-style course with crypto educator, Anthony Pompliano. The course includes a job fair, hosted by some of the biggest companies in crypto. Spaces are filling up fast, the next cohort runs from July 13th - July 29th. Apply Here!