One of the most successful tennis players of all time – Serena Williams – teamed up with Block Inc’s money transfer service provider – Cash App – to provide women and people of color with further financial access to bitcoin. She praised the primary cryptocurrency as the leader in the industry, calling it a ”super-strong investment.”
Williams is a Bitcoin Bull
The Jack Dorsey-led firm – Block – announced the collaboration with the tennis superstar at the Miami Bitcoin Conference. Williams raised hopes that the initiative will grant women (who are not as engaged with the crypto industry as men) and people of color additional access to bitcoin opportunities:
“It’s important to expand bitcoin to women and people of color.”
In addition, the American athlete displayed herself as a keen proponent of the primary digital asset. The 23-times Grand Slam winner said BTC’s limited supply of 21 million coins is its most valuable merit. In her view, the world of crypto is constantly developing, but this advancement is mainly led by bitcoin:
“What’s interesting in bitcoin is there is not going to be a ton available. I like looking at it like that and deciding: Okay, that is a super-strong investment in terms of all cryptocurrencies. There’s a lot happening in the cryptocurrency world and obviously, I think it’s all being led by bitcoin.”
Serena Williams. Source: Yahoo
It is worth noting that Williams’ husband is Alexis Ohanian – Reddit’s Co-Founder and a supporter of the digital asset universe. Earlier this year, his company raised $500 million to “double down” on investments in cryptocurrency startups.
Prior to that, Ohanian disclosed he had invested some of his wealth into Ethereum, arguing it is currently the most promising blockchain protocol in the space:
“I do think Ethereum [has], at least for the next year or two, really got the most to prove, or at least the most potential to show something because there are so many interesting applications.”
Serena Williams Joined the BAYC
The tennis superstar made another interaction with the crypto industry in January. Back then, she became the next celebrity to buy a Bored Ape NFT. She even changed her Twitter profile picture with the pink monkey she acquired. It appeared that the digital collectible was gifted to Williams by her husband Alexis Ohanian, who commented under her post:
“First I get you SerenaPunk, now I get the pink ape you wanted… you realize I’m only gifting you NFTs from now on, right?”
Other renowned individuals who had previously purchased Bored Ape NFTs include the pop star Madonna, the Canadian singer Justin Bieber, and the soccer player Neymar.
TL:DR; XRP has gone on a tear in the past month, surging by about 350% and reaching a multi-year peak of nearly $2.5. Here are some of the possible reasons behind this mindblowing rally that made Ripple’s token the third-largest earlier today. Whale Accumulation It’s safe to say that Ripple’s native cross-border token has stolen
The battle for sixth place in terms of the largest cryptocurrency by market cap has taken another turn as XRP has reclaimed its spot after a week-long hiatus. This came amid Ripple’s massive rally over the past few days, including a surge above $1 and numerous speculations on X about a new all-time high. XRP
Spiking.io is an international stock tracking app that promises to help traders navigate the treacherous waters of the stock markets simply by following the movements of whales. Trading stocks can be an incredibly risky pursuit. The difficulty comes from a lack of guidance on who the big players are (aka the ‘whales’), what the best…
The Vice President of Ghana – Dr. Mahamudu Bawumia – opined that embracing cryptocurrencies would be beneficial for the trade sector on the African continent. He believes that digitization is the tool that will help the economies to revive again after the devastating consequences of the COVID-19 pandemic. Digital Currencies Can Improve Trade During the…
After a few days of stagnation beneath $19,000, Bitcoin broke above that coveted level to mark a new yearly high of nearly $19,500. In contrast, most large-cap alternative coins have slowed down after the recent gains. Bitcoin To New Yearly Highs The primary cryptocurrency reached $19,000 on Saturday after an impressive leg up. As the…
Bitcoin’s price is on the verge of creating a new all-time high following the significant rally in the past few days. However, the asset has faced some initial resistance and is yet to break above the March peak. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has begun
Toto Wolff – an Austrian billionaire and CEO of the Mercedes-AMG Petronas F1 Team – thinks the collapse of crypto exchange FTX could harm every Formula 1 organization. The trading venue served as one of Mercedes’ sponsors while its logo was visible on the cars driven by Lewis Hamilton and George Russel. However, the squad…
The world’s largest cryptocurrency exchange – Binance – introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The feature will initially show only bitcoin’s holdings, while other coins will follow in the future. Binance has taken some additional measures to reaffirm its customers’ trust during the…
The head of Facebook’s cryptocurrency project, David Marcus, will testify at a congressional hearing today, July 16. Based on his prepared notes, the hearing will be of great significance for Libra. Big Day For Libra David Marcus, the head of Facebook’s Calibra, will appear in front of the Senate Committee on Banking, Housing, and Urban Affairs…
