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🌋Bitcoin soars to new all-time high above $70k, overakes Silver
Ahlan wa sahlan, and welcome to the 107th edition of CoinMENA's weekly newsletter, Kalam Crypto. This week, bitcoin soars to a new all-time high above $70k, Bitcoin’s market capitalization surpasses Silver to become the 8th largest asset in the world, the Egyptian pound loses 37% of its value overnight against the dollar, and of course, Michael Saylor buys more bitcoin. All that and more on this week’s Kalam Crypto. Blog of The Week ✍️ We are receiving many questions asking us why the price of bitcoin is pumping, both on a personal level and as a company. This is a valid question because bitcoin is a new asset class with very unique properties and is largely misunderstood. This is why at CoinMENA, we put a lot of energy into our educational resources such as our Blog and University. Our mission is to empower users to make informed decisions from a first principles approach and invest in bitcoin based on sound logic. Below we are going to attach two short reports, about 4 pages each, that will provide the reader with a deeper understanding of bitcoin. Bitcoin Full Valuation Potential Increasing scarcity: Bitcoin Value Appreciation The simplest and safest way to invest in crypto, sign up and start trading today with CoinMENA See omnystudio.com/listener for privacy information.
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