The week was a pretty weird one. It started pretty bleak, got really exciting, and ended just like it started?. These wild swings can be nerve-wracking sometimes, right?
Away from the market, we’ve got some exciting news from last week. Whether you’re a miner or a lover of Gucci clothes, there’s something in this roundup for you! ?
Gucci Gang, Crypto Gang ?️
Crypto adoption just scored another massive hit, people! ? Last week, Gucci announced that they will begin accepting crypto payments at some of their stores ?.
Crypto payments at Gucci will start at the end of May. Gucci plan to accept only a few coins for now – including Bitcoin, Ethereum, Shiba Inu, Dogecoin, and Litecoin. Crypto payments are only available in five stores the United States for now, but other countries should get theirs soon ✌?.
Go Green or Go Home ?
If you’re a Bitcoin miner in New York, you might want to pay attention to this one ?. Last week, New Yor’s government passed a bill that will prevent any new Bitcoin mining in the state without green energy sources.
This means that if you use any non-green energy sources for your mining, you might want to consider setting your rig up somewhere. New York is a no-go for now ?.
OpenSea, Closed Account ?
You know how we’ve been talking a lot about security a lot lately. Last week, we got another incident. OpenSea, the biggest NFT marketplace, announced that its Discord server got hacked ?.
OpenSea is working on resolving the issue, and we don’t know if anyone’s NFTs have been stolen. But, remember to always stay safe when it comes to crypto ?. No one wants their money going into thin air.
Happy Posthumous Birthday, Hal ?
Last week wasn’t all market stuff. We also celebrated a big birthday in the crypto space – that of Hal Finney!
For those who might not know, Hal is the first person on record to ever receive Bitcoin ?. He got his BTC from Satoshi Nakamoto, so he would probably have known who Bitcoin’s founder is. Sadly, he died of motor neuron disease in 2014. Happy birthday and rest in peace, Hal! ?
Tea, Crumpets, And Coins! ??
Even with the small downturn, crypto is still recording some big wins. Last week, Qualtrics, a software company, shared a report showing that 33% of British investors now own crypto ?. That’s a third of all Brits!
The number is up from the 29% gotten in October 2021. Even more, 61% of those surveyed said they plan to buy more Bitcoin in the next six months. To the moon, people! ?
