“It seems that we will be able to bank more people in 1 month than they did with nationalizations & privatizations of traditional banks in 40 years” - Nayib Bukele, President of El Salvador on onboarding 1.1 million El Salvadorians to Bitcoin
News
El Salvador’s chivo wallet is downloaded 500,000 times in the first week & 1.1 million times to date
Every registered citizen will be given $30 of BTC
The continent of Africa’s crypto market has increased in value by 1200% from July/2020 - June/2021
Large adoption in Nigeria, Kenya, South Africa, & Tanzania
Coinbase raises $2 billion of debt with demand for up to $7 billion
BTC transacted a record $313 billion in one day on-chain volume (Sept/10/2021)
Microstrategy Software acquires another 5,050 BTC through the sale of $240 million of MSTR stock
MSTR holdings total 114,042 BTC
Crew Energy credits Bitcoin mining among other solutions that led to a 6% decrease in vented emissions
“11 Bitcoin mining data centers at remote sites”
Ethereum Layer 2 scaling network, Arbitrum hits $2 billion in value locked
Fidelity Digital Assets “The Institutional Investor Digital Asset Survey”
52% of global respondents are invested in digital assets
Decentralized Finance & Crypto
Over $1 billion of ETH has been burned since the EIP-1559 network upgrade
306,022 ETH
Crypto.com has signed a $15 million, 5 year sponsorship deal with esports team, FNATIC
Crypto.com has now spent over $300 million on sponsorships/partnerships