[Weekly News] — the 4st week of June
Hello! This is CMreap team😊
Let’s find out what was the hottest bitcoin and cryptocurrency news this week!
MicroStrategy Buys 13005 Additional Bitcoins
Micro Strategies CEO Michael Saylor tweeted that Micro Strategies had purchased 13,005 Bitcoins (BTC) for about $489 million.
Sailor explained that he had bought bitcoin for $37,617 per bitcoin. As a result, MicroStrategy has a total of 105,085 Bitcoins as of June 21, with an average purchase price of $26,080.
Famous cryptocurrency analyst “Bitcoin expected to be at least $135,000 this December”
Famous cryptocurrency analyst Plan B tweeted, “Elon Musk and the closure of mining farms in China have brought the price of Bitcoin down below $34,000. A bear market is expected for June and July, but based on charts and blockchain data, my worst-case scenario is that Bitcoin price is $47,000 in August, $43,000 in September and $63,000 in October. It was more than $98,000 in November and more than $135,000 in December.”
El Salvador’s Finance Minister: The IMF has not opposed the adoption of Bitcoin as a fiat currency
Alejandro Zelaya, Minister of Finance of El Salvador, said, “We have completed communication with the IMF. It has been clarified that Bitcoin will not become a fiat currency replacing the dollar. The International Monetary Fund (IMF) has stated that it does not oppose El Salvador’s adoption of Bitcoin as a fiat currency.
“We have already asked the World Bank for technical support to use Bitcoin as a fiat currency,” Zeleya added.
Source
https://www.coinpress.co.kr/2021/06/22/30856/
