Letter by NWC CEO
This week we have witnessed some of the most exhilarating crypto news of the last few weeks. First of all, we’ve been surprised by El Salvador’s announcement of legalizing Bitcoin as a legal tender, marking it the first country to truly embrace cryptocurrencies as every store will soon have to offer its products and services for the exchange of Bitcoin and people will also be permitted to pay their taxes with it. For those of you that are considering moving to El Salvador, you can obtain permanent residency by investing 3 BTC in the country.
We’ve also had Google remove the ban of creating crypto advertisements and the Miami Bitcoin 2021 conference rolled out with many interesting and well-known speakers. Despite so much uplifting news, the price of Bitcoin and the whole cryptocurrency market have not rebounded yet, at least not as much as we’d hope. On Wednesday, the price of BTC jumped up close to 12% but has quickly dropped back down a bit. As of writing this letter, it stands around the $36k mark.
Back at our development stations, we’ve started our final testing of the new Platform 3.0 and are quite happy with the results. The new platform will include a brand new Heatmap tool, alongside many updated indicators and features. It’ll also enable much more customization than the previous version. After we perform some last quick adjustments, the Platform 3.0 will be released to a few lucky individuals for limited beta testing. If you’re interested, make sure you follow NewsCrypto announcements to apply for testing before we release the platform to the rest of the world.
We have also introduced the newest member of our team, an extraterrestrial hero behind NewsCrypto, Newsco. He is from mars and has come to educate us in the mysteries of crypto and blockchain technology. He’ll be present on every corner of our platform, guiding you through your crypto journey. If you ever get lost on our platform, are in need of help or you just have a curious question related to crypto, Newsco will be glad to lend a helping hand.
For those of you that might be new to our world, we’ve posted a very useful and in-depth guide about various types of crypto wallets, their advantages and potential disadvantages. If you’re not well versed in this area, you’re bound to find quite a few useful nuggets of knowledge that will make sure you don’t mess something up when transferring or storing your precious coins.
That’s it for this week, hopefully I’ll be able to bring you some more good news next Sunday. I hope you stay well and in the green till then.