Wrapping the end of the week, Venmo announced that it would add support for their users to buy, hold, and sell cryptocurrencies putting access in the palm of over 50 million users. Plus, over $200 billion was wiped off the cryptocurrency market in a day as #bitcoin plunges below $50,000. Yet, in the same week, returns $DOGE (Meme Coin) climb to +15,720% from last year, adding to the phenomenal returns of $BNB to +3,819% and Cardano $ADA of +3,585%. Fintech is bridging the gap between lenders and borrowers and reaching people who do not own a bank account rapidly. For instance, only 20% of adults living across Africa have formal bank accounts, according to a World Bank survey. Cardano is the 1st peer-reviewed third-generation blockchain that is aiming to serve underdeveloped nations by banking the unbanked. As we start the 2nd quarter of 2021 and the reboot of the Mortal Kobat movie (based on the game) premiers on April 23rd, I can only get excited and gitty about the 2021 reboot and how the team behind the film will choose to reimagine the 90’s nostalgia experience. Plus, this week, it has become more evident how the crypto and blockchain community rallies around each blockchain project and coin. It is almost as if they are experiencing a massive fight in the crypto metaverse where each blockchain project (coin) is a character in Mortal Kombat. In the end, who will win? Who will be the next Bitcoin? Or possibly which project will ask Bitcoin to “Get Over Here!” and will provide the most epic “Fatality!”….until next week
Gracias Kain Sosa Sr.