The Crypto market had another great week with a total market cap reaching $2,3 trillion. It was a week of successful milestones with Bitcoin reaching $50k, Ethereum $4k, and Cardano $3. Solana’s rally continues as well with an increase of another 50% this week.
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Crypto Adoption
Most of El Salvador’s citizens don’t want Bitcoin as legal tender, according to the poll by the Central American University (UCA). The poll also shows that 7 out of 10 Salvadorans are not familiar with Bitcoin in addition to not trusting it.
Regulation
Leading decentralized finance cryptocurrency exchange, Uniswap, is under investigation lead by The United States Securities and Exchange Commission (SEC). Uniswap went up despite investors’ fear of another delisting of tokens.
NFT
Inter Milan, current Seria A titleholder, partnered with blockchain company Zytara Labs to create a crypto mobile app. The famous Italian club’s official cryptocurrency will be digitalbits (XDB) which will offer the possibility to buy players’ NFTs, jerseys, game tickets, and much more.
Business
According to MacRumors, Twitter will introduce Bitcoin tips for content creators using their feature “Tip Jar”. It’s no news that Twitter’s CEO Jack Dorsey is a huge Bitcoin fan and has already exposed one of his companies, Square, to Bitcoin so we look forward to seeing Bitcoin tips on Twitter.