In this week’s newsletter:
- Lightning is powering El Salvador’s move from little-known country to Bitcoiners’ top destination.
- The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport.
- Bitcoin’s third-largest non-exchange whale has accumulated a total of 3038 BTC at an average price of $59,744.
Read our weekly round up below.
Adopting Bitcoin: A Lighting Summit Day One Recap
Bitcoin Magazine: November 17, 2021
With over 700 attendees from over 30 countries at this conference, the energy is electric as Lightning is powering El Salvador’s move from little-known country to Bitcoiners’ top destination.
US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments
Bitcoin.com: November 18, 2021
The U.S. city of Williston in North Dakota is installing a cryptocurrency ATM at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston also accepts cryptocurrencies for payments of utility bills.
Bitcoin Whales Enjoy The Price Crash To Buy Over $180 Billion Worth of BTC
FX Street: November 19, 2021
Bitcoin price dropped below $57,000 on November 18, and the accumulation by non-exchange whales hit a peak. The third-largest non-exchange whale scooped up 3038 Bitcoin tokens over four transactions, worth $180 billion.
This Week in Bitcoin: BTC Dips to $60,000
Tipranks: November 18, 2021
BTC fell precipitously over the last week, establishing an intraday low near $58,500 on November 17. This comes after the original cryptocurrency notched its worst daily performance since September 2021 just as President Joe Biden signed off on the $1-trillion infrastructure bill alongside new taxation policies for cryptocurrency investors.
Goodbye, Staples Center. Hello, Crypto.com Arena
LA Times: November 16, 2021
Crypto.com paid more than $700 million for the naming rights, according to sources familiar with the terms, making it one of the biggest naming deals in sports history. The arena’s new logo will debut Dec. 25, when the Lakers host the Brooklyn Nets.
Bitcoin Falls Almost 20% Since Record As Crypto Bulls Retreat
BNN Bloomberg: November 19, 2021
The largest cryptocurrency slipped 0.5 per cent to around US$57,280 in early London trading on Friday, a sixth day of declines. “Bitcoin correction is not a big deal,” wrote Craig Erlam, senior market analyst at Oanda.
Sandbox Metaverse Alpha To Launch Nov. 29 After Four Years In Development
Cointelegraph: November 17, 2021
SAND prices have surged to a new all-time high as The Sandbox announces its highly anticipated play-to-earn metaverse event. Animoca Brands’ virtual property and gaming firm The Sandbox is opening up part of its metaverse to players for the first time via a multi-week play-to-earn (P2E) Alpha event.
Ethereum Is Poised To Be The Next Bitcoin. Here’s Why It’s The Hot New Cryptocurrency.
USA Today: November 19, 2021
There are a few good reasons why Bitcoin (CRYPTO: BTC) gets a lot of attention from crypto investors. For one thing, it was the first cryptocurrency. And second, its value has reached meteoric highs, with a gain of more than 300% over the past year.
