• Elon Musk Laughs at SHIBA INU (SHIB) Community As They Claim Nobody Will Use, DOGE

 

Tesla and SpaceX chief, billionaire Elon Musk, has posted a response to the recent negative assumption of the Shiba Inu Community about his favourite cryptocurrency, Dogecoin. In the thread that touches Cardano’s ADA, billionaire crypto investor Mark Cuban and his recent investment in the DeFi Titan project that then made a rug pull, the conversation turned to Dogecoin.

  • Bitcoin Whales Started Selling as BTC Dipped to $37,000

 

Bitcoin’s price headed south again to a low of just over $37,000 as on-chain data suggests that whales have started to sell off some of their holdings. Bitcoin continues to gradually lose value with another price slump to around $37,000. Most alternative coins are also suffering, with Ethereum(ETH) dipping beneath $2,400 and BNB close to dropping below $350.

  • Venture Capital Makes a Record $17 Billion Bet on Crypto World

 

In May, Block. one, a blockchain software company whose long-time backers include billionaires Peter Thiel, Alan Howard and Louis Bacon injected $10 billion of digital assets and cash into Bullish Global, a new crypto exchange. The company also raised $300 million in additional funding round at that time.

  • 700,000 graphics cards were bought by crypto-miners in early 2021 alone

 

In the first quarter of 2021, analysts believe that crypto-miners have purchased an estimated 700,000 mid-to-high range graphics cards. Analysts at Jon Peddie Research claim that the crypto-mining industry was responsible for purchasing 25% of all GPUs in the first months of 2021. 

  • Blockchain And Crypto Startups In India Attracted More Investment in 1H 2021 Than 2020

 

According to the media report citing data released by Traxcn, investment in crypto startups and blockchain startups in India has increased significantly in 2021 as compared to the last year. India crypto and blockchain startups have already attracted $99.7 million investment by June 15 2021.