📈 Putin, Bitcoin and Airbnb12 December, 2020 | by
BTCBitcoin $ 18 708 3.72% $ 671
ETHEthereum $ 564 2.91% $ 15.96
Market Cap3.30% $ 555 814 132 838
DeFi Market Cap3% $ 17 327 724 459
Hey #Moni Maker ✋
Today, in 1961, the world's first amateur radio satellite, OSCAR-1, was launched into orbit in the United States. A little over half a century later, Starlink has already started to cover the Earth with its satellites, promising to provide satellite internet to everyone on the planet, and thanks to Blockstream, you can send and receive bitcoins using the "space technology" anywhere in the world. Progress never stands still; stay alert 😉
MassMutual insurance company invested in bitcoin
According to The Wall Street Journal, 169-year-old American insurance company MassMutual, which manages $235 billion in insurance accounts, made a $100 million investment in BTC. One of the main factors that prompted MassMutual to make this decision was the decline in the dollar.
Well, We guess we really need to start a new column named "Welcome to Crypto!
Soon we'll get to know 99% of all major U.S. companies ...:)
Airbnb's capitalization doubled in a single day
Airbnb completed its initial public offering Thursday at $68 per share, raising $3.5 billion and a valuation of nearly $47 billion. Earlier in the week, Airbnb was expected to earn $3.1 billion at a valuation of $42 billion. At the time of opening, the shares were already $146 and reached $165 per share at the peak, and Airbnb's capitalization was over $100 billion. By the way, you could buy an FTX Pre-IPO contract yesterday and double your funds by today.
Founded in 2007, the service has become more expensive than the three largest U.S. hotel chains - Marriott International ($43 billion), Hilton Worldwide ($39 billion), and Hyatt Hotels ($8 billion) - combined. It seems that today's concepts of interaction between consumers and service providers are more successful than traditional models of doing business. This is very similar to the P2P around which the entire crypto industry is built. It's possible that over time the crypto economy will show greater efficiencies than the traditional economy as well.
Well, what we have here in the CIS: you visit Avito (analog of American craigslist), looking for an apartment, and all sorts of crazy landlords look for you. Doesn't feel right!
Airbnb solved this problem. In short, come up with breakthrough ideas and bring them to life, and we'll mention you too. We promise!
Putin obliged officials to declare crypto
Under a decree signed on Thursday, officials and those seeking any government positions will be required to declare how much crypto they have and where it was acquired. The reporting is expected from Jan. 1 to June 30, 2021.
Bitcoin can grow by more than ten times from current levels
Glassnode Technical Director (CTO) Rafael Schulze-Kraft analyzed 6 BTC onchain metrics and came to the conclusion that the price of BTC could grow by more than ten times from the current values.
The analyst evaluated bitcoin dynamics from the moment when each of the metrics had similar values as they are now to those recorded when bitcoin reached a price record in 2017. He then multiplied this rise in bitcoin's price by its current level. The conclusion is that today's BTC is capable of crossing the $200,000 mark, and that would not be surprising for bitcoin.
You can read more about the metrics in his Twitter feed.
Anyway, #Moni Maker, have a great weekend and all the best! See you Monday!
Meme of the day
And one more thing...Buy Bitcoin! 😉