News Roundup: It’s That Time of the Year

Christmas is finally here! ?In just a few days, we’ll all be gathered around with our loved ones, enjoying some homemade food. Happy times! ?

Since everyone’s been dropping holiday presents, the crypto market isn’t left out. Let’s check out some of last week’s biggest gist, so we all get something to talk about at Christmas dinner. 

A Gift From the Dogefather ?

Elon Musk is back at it, people. Even though he’s the richest man in the world, Elon still has time to drop some fire tweets from time to time. 

Last week, the Dogefather tweeted that Tesla will soon sell merch and accept Dogecoin for payments. As usual, everyone in the  market freaked out and DOGE’s price jumped ?. So, if you’re wondering why your DOGE portfolio was up, you’ve got Elon to thank.   

Sunset at TRON ?️

It’s been a big month for tech CEOs resigning. Last week, Justin Sun, the founder of the TRON Foundation, announced his resignation from the company. 

Justin is leaving TRON to take on a new role – ambassador for the government of Grenada to the World Trade Organization (WTO) ?. Justin said he thinks blockchain has a lot of potential in Grenada, and he wants to help develop the country with it. Any other CEOs looking to resign? 

Get Your Mining Hats ⛏️

One of the sweetest things about Bitcoin is that it is limited. Only 21 million BTC can ever exist, and it’s a wrap after then.

Well, as of last week, official data showed that 18.99 million Bitcoins had been mined ?. This means that only 10% of Bitcoins in existence are still available. If you’re a miner, it’s time to double up!  

Coming In Hot ?

Reddit has become pretty popular this year among the crypto community. If you want to find out the next coin that’s going to be pumped, you can probably find the details on there. 

Last week, Reddit announced that it has begun plans to go public ?. The company has filed with securities regulators in the United States, and it hopes to go through with its Initial Public Offering (IPO) sometime next year. That’s news we love to see!

‘Tis the Season ?

So last week, we reported that about 10% of Americans would like to give crypto to their friends for Christmas. Well, if you’re one of those people, you can now do that easily. Last week, Robinhood and Cash App each announced new features that would allow their customers to send BTC to their friends – no matter how small. Know an even better way to make someone smile this Christmas? Send Bitcoin to their Q tags – it’s easy and smooth! ?


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