Coin prices still didn’t increase by much this week, but crypto stays winning 🏆. Whether it’s crypto companies or countries accepting crypto, the industry did pretty well this week.
You might want to play Jay Rock’s “Win” before you read this newsletter 🎧. Let’s see what we got:
Hola, Argentina 👋
Argentina is taking a few pages from El Salvador’s book on crypto adoption. On Tuesday, a Congressman in the country introduced a bill to allow some workers to get paid in crypto 🤑. If the bill passes, these workers can choose to get paid partly or fully in crypto 😃.
Crypto Rocks the Stock Market… Again 💪
Remember when Coinbase went public in May? 👏. Well, Circle is about to take the same route 😃. On Thursday, the company announced plans to go list on the New York Stock Exchange this year. Circle is the company behind USDC – the second most popular stablecoin. By going public, everyone can now invest in the company’s stock 💰. Crypto wins again 👑.
A Real-Life Murder Mystery 🔍
Trigger Warning//Suicide: The death of John McAfee – the controversial antivirus maker and crypto fan -was a sad thing 😔. But, his wife isn’t believing the suicide story. McAfee reportedly committed suicide in a Spanish prison and left a note in his pocket. But, his wife denied seeing the note on Wednesday 👀. Is someone hiding something? 🤔
Slam Dunk Time 🏀
July is proving to be a big month for crypto and the NBA. Earlier this month, the Portland Trail Blazers partnered with StormX, a blockchain company, to wear the company’s logo on their jerseys for the next five years 🤝. This week, Socios – a service that allows teams to create fan tokens – partnered with the Boston Celtics for better “international marketing” 😉. It’s baby steps, but crypto is getting a bigger presence in professional basketball ⛹️.
The Flippening is Coming 🥶
Bitcoin has always been the big boss when it comes to crypto 😎. But, could that change soon? On Tuesday, Goldman Sachs reported that Ethereum could overtake Bitcoin in a few years 🤯. The bank explained that Ethereum has the most popular blockchain. So, if more people and companies use it, Ethereum will eventually become more valuable than Bitcoin. Talk about a big shakeup 😅.