πŸš€ All the cool kids like "the B Word" now 😎

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    πŸš€ All the cool kids like "the B Word" now 😎

    How are you all doing today, Geckos?

     

    A recent SEC filing has revealed that Morgan Stanley has 28,289 shares of Grayscale Bitcoin Trust Europe Opportunity Fund.


    The banking giant appears to be 'walking the walk' as they ramp up their Bitcoin (BTC) services while having a portfolio exposure to BTC.


    Over the past few months, the bank has indirectly allowed its funds to invest in BTC, introduced bitcoin investment fund products for high-net-worth clients, and even sought out a cryptocurrency and blockchain lead analyst.


    In today's news, a new Bitcoin event is happening, Filecoin is introducing their own stablecoin, and another company files for a BTC ETF.


    Read on!

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    "The B Word" is the new Miami

     

    Both Elon Musk (Tesla CEO) and Jack Dorsey (founder of Twitter) will be having a discussion centered around BTC at an upcoming event called "The B Word".


    The event aims "to demystify and destigmatize mainstream narratives about Bitcoin, explain how institutions can and should embrace it, and raise awareness around areas of the network that need support".


    For those who are "Bitcurious", the event is organized by the Crypto Council for Innovation and will launch on 21 July 2021.


    Bitcoin.com

    Files are Becoming More Stable

     

    ICHI (ICHI), a protocol that enables other crypto communities to create their own stablecoins is creating one for Filecoin (FIL).


    The stablecoin will be known as oneFIL whose purpose is to help serve as a medium of a transaction on the network while providing better discounts and incentives for Filecoin users.


    Filecoin is a decentralized P2P network that provides cloud storage space for users in an open market as opposed to centralized providers like Amazon


    Decrypt

    Wen list BTC ETF?!
     

    Ark Investment Management, led by Cathie Wood, has become the latest firm to file for a Bitcoin exchange-traded fund (ETF).


    The application was filed on June 28 with the SEC in collaboration with the European exchange-traded product issuer, 21Shares.


    According to Wood, there is a higher chance of success now that the crypto market has experienced a retracement.

     

    Cointelegraph

    Reddit r/CryptoCurrency Moon

     

    Moons are a new way for people to be rewarded for their contributions to r/CryptoCurrency, and they represent ownership in the subreddit. Moons are ERC-20 tokens on the Ethereum blockchain. Users have full ownership and control of Moons which can be freely spent/tipped within the r/CryptoCurrency subreddit. Moons are distributed monthly using Reddit Karma as a basis for contributions.

     

    Learn about other Crypto terms here


    Most new traders make the number one mistake of holding leveraged tokens/ETF for an extended period of time.
     

    Leveraged ETFs are dangerous as it inherits volatility decay that would result in severe loss in the long-run.

     
    Our analyst, Erina, explains how that can happen by breaking down the basics of crypto leveraged ETF. Check out our latest report for full information!

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