DOGECOIN INSPIRED “DOGECOLA” BEVERAGE STARTS SHIPPING THIS MONTH

August 31, 2021

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TL:DR

Good morning! It’s time for our weekly newsletter. As always, we will be telling you about some of the news stories that made headlines last week and giving you a sneak peek at some of the upcoming events that we think are worth your time.

If you’re not clear about who we are and what our mission is, here is a simple summary:

“We’re a community of crypto enthusiasts who share our knowledge and insight on the crypto market and trends to help each other make better investment decisions.”

If you like what we do then please don’t forget to forward this newsletter to your friends.

Here is the top crypto-news from last week.

MARKETS

▲ Bitcoin

$46,803.50

+59.34%

▲ Ethereum

$3,204.63

+338.77%

▲ Cardano

$2.71

+1449.64%

▲ Solana

$110.92

+5900.66%

▲ Binance Coin

$454.17

+1094.54%

*Cryptocurrency data as of Monday at 6:00 pm PST. YTD% Average

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Weekly Review

Last week’s market perfomance

As many had expected for Bitcoin to cross $50,000, that, unfortunately, did not last long. In the past week, Bitcoin reached a $50,642 raise and then immediately retreated back to $47,000. The same is the case with other major cryptocurrencies apart from Cardano, which did well last week as it’s one step closer to reach $3, its highest so far.

Business

Japanese Brokerage Nomura lets user’s trade crypto tokens for Pizza and Pasta

Nomura Holdings Inc. one of Japan’s financial services giant is facilitating the usage of blockchain based tokens through which users are able to purchase and sell luxurious Italian dishes. However these tokens are only reserved for high-end food parcels, and their subscription fee costs about 60,000 yen (around $540).

TRIVIA

In Nov 2014, the FBI launched “Operation Onymous” in which the founder of this website was tracked and captured, with the FBI also seizing more than 1 billion USD in Bitcoin. Which website was it?

A. Pirate Bay B. TOR Network C. Silk Road D. Agora

Answer Below.

World Policy

Cuba to recognize and regulate cryptocurrencies

The biggest news of last week came out from the small island nation Cuba. On Thursday, the federal government announced it would recognize and regulate cryptocurrencies for payment purposes in the entire nation. Currently, the nation’s central bank is drafting legislation which will be completed by the end of this year. Other Latin American countries have concluded the future usage of cryptocurrencies, including Paraguay, Mexico, and Panama.

Business

Dogecoin inspired “DogeCola” Beverage starts shipping this month

Looks like the meme-coin isn’t only going to the Moon, but it’s also coming to the grocery stores around you in terms of a packaged soda good. Some say this is a creative act, while others seem not to be impressed much. But as it looks, the approach will help to boost the know-how of Dogecoin with people around us. The good news out of all this? DogeCola has announced regular support to charities that fight against plastic pollution, which they describe is a serious issue.

World Policy

China says: Bitcoin has no value

Tightening its action against cryptocurrencies, in yet another announcement the Chinese government has made it clear: Bitcoin (and other cryptocurrencies) has no actual value, eyeing towards Chinese citizens not to invest in cryptocurrencies and report to authorities if they find any illegal activity done by people around them. This is a part of series led attack on cryptocurrencies which only seem to be growing.

Coin Market Calendar

Date	Project	Website
08/31	NFTrade	$NFT
09/01	NearPad	$PAD
09/03	Instaraise	$INSTA
09/06	Bit2Me	$B2M
09/06	Chronicle	$XNL
09/06	Flurry	$FLY
09/07	MoonieNFT	$MNY
09/07	Moonbeam	$GLMR
09/08	IX Swap	$IXS
09/08	YouClout	$YCT
09/08	Immutable X	$IMX
09/08	Cyclos	$CYS
09/10	DeSpace	$DES
09/13	Revault	$REVA
09/13	Gelato	$GEL
09/21	handle.fi	$FOREX

Connect to our shareable calendar here.

Travel

Billionaire’s Swiss luxury hotel to accept payments in Crypto

Coming to Europe, this week The Chedi Andermatt which is a luxury hotel controlled by billionaire Samih Sawiris made it clear that the hotel now accepts payment in cryptocurrencies. Currently the hotel is accepting Bitcoin and Ethereum however as per the statement, it’s most likely to grow in the future. The hotel is a 100 k/m drive from Zurich and costs some thousands of dollars per night. Allowing payment in crypto means their high end customers will most likely engage with cryptocurrencies thus allowing for more recognition.

NFT News

Stephen Curry purchased “Bored Ape” for about $180K

NBA star Stephen Curry purchased Bored Ape which is one of the NFT collections that are trending on crypto-twitter for about 55ETH or around $180,000 suggesting the NFT world is only to grow in the coming years. Bored Apes NFT has about over 170 different characteristics and their prices have been skyrocketing ever since.

Closing

CryptoPunks pass $1 billion in their lifetime sales

A project that includes 10,000 different kinds of avatars and were given for free in the year 2017 have now earned about $1 billion in their entire lifetime sales making them amongst the top expensive works of digital art or NFT.

TRIVIA ANSWER

C. Sik Road

Silk Road was an online black market and the first modern darknet market, best known as a platform for selling illegal drugs. As part of the dark web, it was operated as a Tor hidden service, such that online users were able to browse it anonymously and securely without potential traffic monitoring. The website was launched in February 2011; development had begun six months prior. Initially there were a limited number of new seller accounts available; new sellers had to purchase an account in an auction. Later, a fixed fee was charged for each new seller account. Silk Road provided goods and services to over 100,000 buyers.