Cryptocurrency Market News Digest 07.06.2021–13.06.2021

We’re continuing our tradition: every week UCoin will be publishing a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 07 through 13 of June.

El Salvador has become the first country to adopt bitcoin as legal tender! The price of bitcoin went up 5% to $34,239.17 shortly after the vote.

Jack Dorsey hints at the possible integration of Layer 2 solutions such as Lightning Network (LN) into BlueSky or Twitter.

The Dutch government might decide to ban mining, trading, and even possession of bitcoin.

The US Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) warn retail investors of the possible risks of trading BTC futures.

Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!