This Week in Crypto

  • Bitcoin inches toward $28K as traders see $260M in futures liquidations. Bitcoin ($BTC) is continuing to gain momentum amid the banking crisis, showing that investors are recognizing bitcoin as a secure store of value and a stable alternative to traditional finance. The announcement of a $300 billion injection into the economy to save cash-strapped banks has also driven bitcoin’s price up.
📬
Join the more than 4 thousand ambitious entrepreneurs & investors hellbent on making our mark on the world. Subscribe today to become a Market Mover. Make better business & investment decisions with our daily curation service.
  • Balaji’s betting that bitcoin will hit $1 million in 90 days. Balaji is betting that Bitcoin will hit 1 million in 90 days by June 17th. The bet started on Twitter after user James Medlock said that he's betting 1 million that the US does not enter hyperinflation. Balaji responded. Under the proposed terms, if bitcoin's price does not hit 1 million by June 17th, James Medlock wins $1 million worth of USDC and one bitcoin. Source(14:17)

This post is for subscribers only

Sign up now to read the post and get access to the full library of posts for subscribers only.

Sign up now Already have an account? Sign in