Recap | Bitcoin breaches $10,000 | Algorand token sale implies $6 billion market cap | Bitcoin is the 11th largest monetary system in the world
Bitcoin breaches $10,000 after markets settle from Facebook Libra

Bitcoin just broke $10,000 after the markets settled following Facebook’s Libra reveal. The cryptocurrency markets were in the red across the board following Facebook’s Libra announcement, a stablecoin which pundits say is an attempt at a new world currency.
Algorand token sale implies $6 billion market cap, ranking above Binance Coin and below EOS

Algorand, a Boston-based blockchain company, raised over $60 million in a token sale held on CoinList.
Washington State shouldn’t let blockchain regulation go to pot

Washington State recently passed SB5638, “recognizing the validity of distributed ledger technology,” to much fanfare in the local community.
Libra could expand Bitcoin’s userbase by 70-fold

Facebook’s newly announced stablecoin has been the focus of the entire industry, as many experts believe it could act as a gateway for Bitcoin for its 2.4 billion-strong user base.
Top 3 altcoins: Ethereum, XRP, and Litecoin technical analysis

The top three altcoins seem to have entered a bull market as more investors show signs of fear-of-missing-out.
eToro Report: Libra is a ‘seismic moment’ for global finance

eToro, one of the leading social trading platforms, published its analysis of the Libra whitepaper, saying that it was a seismic moment for global finance.
Bitcoin is the 11th largest monetary system in the world, ahead of Korean won

Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble.
ICYMI
🤦🏻♂️ QuadrigaCX CEO traded and lost over 21,000 Bitcoin in customer deposits
🤝 KuCoin and Bitbns to support Binance Coin
🥊 Will BitMEX CEO Arthur Hayes debate Bitcoin skeptic Nouriel Roubini?
Featured blockchain companies
Thanks to the following companies for their support:
🌊 Seattle Devcon Blockchain - June 28-30 in Bellevue, WA U.S. - Join us at this accessible and inclusive event for blockchain beginners and advanced level topics.
⚡️ Blockstation - a leading Canadian FinTech company founded in 2014, provides one of the first digital asset trading solutions for stock exchanges.
Want to be featured here? Contact us to learn more.
Crypto market data
For more pertinent market data, please see:
⚡️ CryptoSlate Research
CryptoSlate Research is an an exclusive, premium newsletter that delivers thoroughly researched, long-form analysis from cryptocurrency and blockchain experts.
Connect with us
Telegram • Twitter • Facebook • LinkedIn • YouTube • Instagram
🔥 Interested in sponsoring this newsletter? Contact us.
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.