◤QUOTE OF THE DAY
Bitcoin surges past $3,200 to hit all-time high's. For the first time ever, Bitcoin’s market capitalization exceeded the $50 billion dollar mark. Why did this happen? Who knows. We have a don't ask, don't tell policy in crypto, so stop it with the questions...GOT IT? It might be due to major upward market correction, FOMO, hive-mind speculation, or Segwit anticipation. Either way, you probobly didn't lose any money last night...unless you were in fiat...or holding alt coins.
Anyways, here's an article about it from Cointelegraph.
Hedge funds tied to cryptocurrencies exploding. Seems like money likes money, who knew?
In Adoption News:
Bitcoin ATM's are coming to Ukraine! According to Bitcoin.com, 150 Bitcoin ATM's will be installed in Ukraine this year, including 20-30 machines set to be installed on the streets of Kiev, the capital city of Ukraine, by the end of the summer.
Fun fact: 1 Bitcoin is worth ~$82,737 Ukrainian Hryvnia
In Other News...
Coinmarketcap is now more popular than the Wall Street Journal. According to SimilarWeb, Coinmarketcap had 51 million visitors last month (about 3 million of those visits are from me).
◤THINGS I LIKE
The $5.8 Million Dollar Bitcoin
This research paper makes the case for a $5.8 Million Bitcoin. Here is a nice summary of the paper. Maybe they made a typo and were really talking about the Zimbabwean dollar...or the Ukrainian Hryvnia
How a Single entity dominates the price of Bitcoin is story is about a trader, or a group of traders, who manipulate the price of Bitcoin. Interesting piece by BitCrypto’ed
Weekly Crypto-Cap Recap
We broke out.
Daily Number Indicator
This green 3 is signaling a bullish trend.
If you're into this kind of stuff, let me know by following me on Twitter, @dmitriy__or_dima.
Join the conversation on Discord, here's an invite: https://discord.gg/UTp6bCU
Support CoinSheet, get perks.
Wait what!? You haven't subscribed?
Let's change that.