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Altcoin Season is Almost Here - Bitcoin ATH, SpaceX’s $1B Crypto & More!🚀

Bitcoin, altcoins, and SpaceX—this week’s crypto news is packed with big moves. Read on for all the highlights and what it means for you!

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YOUR WEEKLY DOSE OF CRYPTO WISDOM AND ENTERTAINMENT

Hey crypto fam! It’s been another wild week in the world of digital currencies. Bitcoin’s hitting new all-time highs, Ethereum’s smashing records and getting close to its ATH, and a few big names are making moves that’ll have you double-checking your portfolio. Let’s dive into the latest news and see what’s really going on in crypto this week.

HOT NEWS

🍔 Steak ‘n Shake: From Burgers to Bitcoin

Who knew a fast-food chain would be the next big thing in crypto? Well, Steak ‘n Shake is proving that Bitcoin isn’t just for tech nerds; it’s for burger lovers, too. After adding Bitcoin as a payment option, the brand saw sales soar by 10.7%. That’s more than just a decent tip; it’s a whole new way of serving up those steakburgers! Customers paid with Bitcoin, helping cut transaction fees in half. And guess what? On the first day, they accounted for 0.2% of all Bitcoin transactions. Looks like this burger joint is serving up more than just beef.

Hungry Spongebob Squarepants GIF

🔍 Altcoins Are Trending—Literally

It seems everyone's Googling "altcoin" these days. Search interest has hit a five-year high, signaling that the altcoin season is upon us. With Bitcoin's dominance dipping below 60%, investors are diversifying into Ethereum, Solana, and XRP. Even institutional players are getting in on the action, with over $4 billion flowing into digital asset products in just one week.

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🚀 SpaceX’s Bitcoin Hoard Hits $1 Billion

Elon Musk is always in the news for something—this time, it’s Bitcoin. SpaceX, Musk’s aerospace empire, now holds more than $1 billion in Bitcoin, thanks to a surge in the crypto’s value. With SpaceX aiming for Mars and beyond, it looks like their Bitcoin stash is rocketing alongside their rockets.

Donald Trump Thumbs Up GIF by PBS News

🧠 Tether’s CEO: The Man, The Myth, The Stablecoin

Tether’s CEO Paolo Ardoino is making waves—not just in crypto, but in tech too. Under his leadership, Tether has not only become a powerhouse in the crypto world but has also been profitable to the tune of $5 billion in just the first half of 2024. But he’s not stopping there. Ardoino is setting his sights on massive tech companies like Microsoft, Google, and Amazon with Tether’s new venture arm. Looks like Tether’s not just about stablecoins anymore—they’re aiming to shake up entire industries.

To The Moon Crypto GIF by Eco

Stay up-to-date with the latest news

📊 ALTCOIN SEASON INDEX

‼️ FEAR AND GREED INDEX

🚨 Check Crypto Prices Live

Want to see Bitcoin’s and altcoins’ prices in real-time? Head over to our price page to stay up-to-date with the latest trends!

THE WEEKLY SHOWCASE OF EPIC TWEETS AND TIKTOKS

FOLLOW OUR SOCIAL MEDIA:

  • X - Where Crypto Meets Comedy;

  • TikTok - Investigating the Wacky World of Crypto;

  • СoinMarketCap - The Wildest Ride in the Crypto Market;

  • YouTube - Your Gateway to the World of Crypto.

Disclaimer: We're here to entertain, not to be your financial guru. This newsletter is purely for educational purposes and does not constitute financial advice or a magical fortune-telling session. So, grab your popcorn, enjoy the read, but remember to use your own wits and conduct thorough research before making any money moves. Stay curious, my friends!