As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting for bitcoin to test $1,100, Russia denies debt default allegations, and Mark Zuckerberg discusses the opportunities of the metaverse.
String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Awakens
A large number of so-called ‘sleeping bitcoins’ have awoken from slumber as four block rewards were spent at block height 742,183. Block rewards were mined last week on October 29th, 26, September 15th and 26th respectively. In that period, miners of bitcoin received 50 BTC every time they found a new block. This is in comparison to today’s 6.25 BTC per reward block.
Learn More
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he’s waiting for the price of bitcoin to test $1,100. According to him, he’ll buy more cryptocurrency if it reaches that level.
Learn More
Russian Foreign Debt Defaulted for the first time in 100 years, Reports claim. Kremlin Disagrees with this and says it paid
The Russian Federation defaulted on foreign debts for the first-time since 1918, according to media reports. The bondholders claimed that they hadn’t received any payments from this transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made the payments via the Euroclear monetary system.
Learn More
Mark Zuckerberg expects that Billions will use the Metaverse, generating massive revenue for Meta
Mark Zuckerberg is the CEO of Meta (formerly Facebook), and he has spoken out about how the metaverse would be an integral part of his company, and make hundreds of millions of dollars. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg.
Learn More
What are your thoughts on this week’s developments in finance and crypto? We’d love to hear from you in the comment section.
Images from FlickrShutterstock. Pixabay. Wiki Commons
DisclaimerThis information is provided for educational purposes only. This article is not intended to be a solicitation or offer to sell or buy any product, service, or company. Bitcoin.com is not a provider of investment, tax, legal or accounting advice. The author and the company are not responsible for any loss or damage caused by the content or use of any goods, services, or information mentioned in the article.