Many of you guys may do not know what happening in crypto world recently and especially what happen last weeks so that i am going to create a topic with those news where i will put some details only .. Also who are is enjoy the another bull run of crypto ?
First news of crypto is : Bitcoin climbs more than 52k$ again !!
You know well that around 12 days or 15 days ago the crypto market situation and every one start to think that this time we are going to see bear market badly but what happen actually ? Market pull back to it previous place as like bitcoin turn into 54k$ from the 47k$ which lead all the altcoin pump like a myth too ..
Another news is about Tesla profit !!
You know well that Tesla has bought enough bitcoin for it company previously which lead the btc price increase more on that time than now .. so in this case this time they have sold some BTC mean 10% BTC from their btc funds as far as the news told us which give them profit almost 272$ million.. Also Elon musk said that he has own funds on BITCOIN which he still holding ..
Visa going to accept crypto payment !!
You all know that Visa CEO Al kelly ,make a decision to accept crypto currency payment widely as the user of Visa most of the time make transaction via Visa card so if they accept the transaction of crypto via Visa so there will be next level mean another level of popularity again and this become more easy ..so in this case Visa CEO start to talk with the central bank agency to know better about this critical situation or something more you know guys ..
Germany allows the institutional owner to invest on Crypto currency!!
From a recent law of Germany we can know that their law now permit to invest the institutional funds into crypto currency but the funds will not be more than 20% while there has almost 4000 institutional investor who are going to invest now in crypto which mean there would be now extra crypto adoption in germany though already there crypto legal .. do not you think this is going to be another revolution in crypto ?
MircoStrategy will buy more bitcoin near Q2
One of the best Institute is MircoStragey which we all know guys and every time they tweet us that they are buy this amount bitcoin but this time they tweet with different words such as they have bought some btc again around 253BTC few weeks and they are again to planning to buy btc in Q2 of 2021 for become the biggest whale of crypto ..also they have said that they will keep buying bitcoin near future ..this mean there will be huge adoption more near future of BTC.
Another good news for UK based crypto user that soon there almost 10000 Taxis going to accept payment via crypto
It is hoped that 10,000 UK taxis and 20,000 taxis across Scandinavia going to be accept crypto currency payment though there you can still pay with our National currency but this is an extra facilities for their user .. Look what the CEO said:
John Cavebring, CEO of Hips said: “With this important partnership, Hips provides another avenue for crypto payments to have market penetration. The consumer-oriented features of the MTO will further allow cryptocurrency to gain worldwide mass-adoption among mainstream consumers.”
The Payment House is described: “As a company delivers solutions to a wide range of business sectors, with its main focus on utilising the newest technology and the markets’ most advanced mPos solutions.”
Sources: https://cointelegraph.com, https://www.coindesk.com/
ORIGINAL POST: https://www.cryptoweather.news/top-seven-last-week-crypto-news/