While major cryptocurrencies continue trading in their range, it’s encouraging to see them in the green after another decrease earlier this week.

On the 21st of July, the long-awaited event featuring known Bitcoin enthusiasts, including Jack Dorsey and Elon Musk, joined Cathy Woods to talk about the digital gold. A few important takeaways from this event.

• Elon Musk holding BTC, ETH, and DOGE: the man behind Tesla and SpaceX, shared that he has a diversified portfolio which he doesn’t intend to sell. A quote that will be framed by many in the DOGE army is: “I pump, but I don’t dump.”
• Mining going green: While previously explaining the decision to stop accepting Bitcoin payments with its carbon footprint, Elon Musk shared that it seemed that Mining was going more towards renewables and didn’t rule out starting to accept crypto again.
• Bitcoin not majorly used by criminals: Chainanalysis, a company focusing on tracking on-chain data, reports that Bitcoin isn’t - as news outlets like to note - used much to finance illicit activities. In fact, most of the Bitcoin activity consists of trading and investing.

Investors should remember that Bitcoin is a kind of asset which has fought many similar pessimistic views many times. The current sell off could be the opportunity for many investors to load their portfolio with Bitcoin which is selling at a huge discount. View Now

Tom Emmer of Minnesota now accepting Cryptocurrency for political campaign funding. Freedomcoin team is reaching out to get added to the list of preferred vendors to donate. View Now

Moya expects risk assets, including cryptocurrencies, to see some short-term pressure due to worrisome signs over inflation. Rising prices could result in sooner-than-expected Fed tapering. View Now

The State of Texas passes a bill recognizing Bitcoin and other Cryprocurrency as legal tender. FREEDOMCOIN rises to .11975 cents on the news. Up 28% on the day the news hits the press. View Now

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