🔴 Can 0.01BTC Make You a Millionaire? | This Week in Crypto – Mar 15, 2021

NFTs stealing the show
from Bitcoin’s All-Time High, the US government auctioning crypto and can 0.01 BTC make you a millionaire? These stories and more,
this week in crypto. Hi, I’m Nate Martin from 99Bitcoins.com, and here’s what’s happened
this week in crypto. Twitter CEO, Jack Dorsey is looking to sell
a little bit of Twitter’s history. He’s put the first tweet ever up for sale
in the form of a non-fungible token (NFT). Among the interested parties
is Justin Sun, the CEO of the decentralized platform TRON who offered $2.5 million
for the NFT-based tweet. Christie’s auction house made history as the company’s first auction
of an electronic product, the world’s most expensive NFT token
was sold for over $69 million. The digital art is the third
most expensive piece ever sold by a living artist. Business analytics firm MicroStrategy has made yet another large
bitcoin purchase, buying a further $15 million worth.

262 more BTC were added
to the firm’s portfolio at an average price per coin of $57000, which is just shy of the cryptocurrency's
all-time high, which on Saturday eclipsed
the 60 thousand dollar mark. This latest purchase brings the firm's
total bitcoin holdings to over 91000. Financial giant JPMorgan
is unveiling a new product that gives customers access to companies
with high stakes in crypto. To be clear, JPMorgan is not providing
access to specific cryptocurrencies but is instead allowing its clients to invest in enterprises that are known for supporting
and purchasing large bundles of BTC such as MicroStrategy and Square. China-based app company Meitu has purchased approximately
$40 million-worth of cryptocurrency. The company explained in a statement that it has bought roughly 379 units of BTC
along with 15,000 units of ether to become the latest institutional firm
to get its fingers on digital assets.

The company is also reformatting its budget to allow room for as much as $100 million
in new crypto purchases. The U.S. government is planning an auction where items up for grabs include
almost one bitcoin. Government auctions of BTC have occurred
in the United States before, with the biggest ones centering around the confiscated crypto stash
of Ross Ulbricht, the alleged creator
of the Silk Road black market.

Video game company Atari is building
a new cryptocurrency casino platform. The casino will feature
many of Atari’s old titles from the 1980s and will allow gamblers to play for NFTs which then can then use to purchase
additional cryptocurrencies. Current trends in global wealth distribution and the inevitable realization
of Bitcoin's limited supply could result in 0.01 BTC
being worth $1 million in the future. When comparing the relative
wealth concentration of the fiat and Bitcoin markets, being among Bitcoin's top 13%
shares the same exclusivity as being a fiat millionaire. That’s what’s happened
this week in crypto. See you next week. If you've enjoyed this video,
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🔴 Can 0.01BTC Make You a Millionaire? | This Week in Crypto - Mar 15, 2021

🔥 Here's what happened this week in Crypto. For the complete stories visit: https://bit.ly/3eBOb0N

0:23 Twitter CEO Jack Dorsey Is Selling His First Tweet in the Form of an NFT - http://bit.ly/3rSoGwk
0:44 Digital Artist Beeple Sold the World’s Most Expensive NFT - http://bit.ly/3tnhY1D
0:58 Forget Buying the Dip, MicroStrategy Buys BTC at ATH - http://bit.ly/30IyNrm
1:24 Invest in “Bitcoin-Based” Companies Through JPMorgan - http://bit.ly/2PTMwcI
1:47 China’s Meitu Gets Its Fingers on a Ton of Crypto - http://bit.ly/3lcL40O
2:13 Purchase Bitcoin at an Upcoming U.S. Auction - http://bit.ly/3qMf6K3
2:30 Atari Announces New Crypto-Based Gambling Forum - http://bloom.bg/38COh4t
2:46 Want to be rich? Cointelegraph Says 0.01 BTC Could Make You a Millionaire - http://bit.ly/38Ce3Gd

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