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Dec 21st Cryptocurrency Daily Express

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Dec 21st Cryptocurrency Daily Express

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1. President of El Salvador: 21 Bitcoins Will Be Purchased at 21:00 Local Time

On December 22, El Salvador’s President Nayib Bukele tweeted that he would purchase 21 bitcoins again at 21:00 local time today. Nayib Bukele said that the total area of El Salvador is 21,000 square kilometers, and today is the last 21st day of the 21st century.

2. Coinbase Launches Cryptocurrency Gifts

Coinbase has launched a cryptocurrency gift function. All crypto gifts are provided in the form of digital cards. Bitcoin, Ethereum and other assets are supported. Sending gifts does not charge any fees.

3. Elon Musk: The meta-universe concept is not convincing, and Web3 is more about marketing than reality

Tesla CEO Elon Musk said in an interview that he did not see any compelling use cases for the VR-driven metaverse, and mocked Web3 to be a vague concept. Internet services are rebuilt around blockchain and cryptocurrency, so it is more about marketing than reality. Musk also said that maybe he is just too old to understand these new technologies, adding that he currently cannot see a convincing meta-universe situation.

4. The World's First Text Message Sold for $120,000 in an NFT Auction

On December 22, it was reported that Vodafone’s world’s first text message NFT with the content "Merry Christmas" was sold for 107,000 euros (approximately US$121,000) at the Agutte auction house in Paris. Vodafone said it plans to donate the proceeds from the auction to the UN refugee agency. It is reported that the buyer is a Canadian who is engaged in the technology industry, and the specific identity information has not been disclosed.

5. Crypto Trading Gains Popularity in Turkey after Lira’s Crash

Global investors have started considering crypto as a hedge against rising inflation. A perfect example of the recent trend was seen in Turkey. The overall crypto trades per day jumped above 1 million in the country after the Turkish Lira dropped by more than 40% since September 2021. In terms of crypto adoption, Turkey is one of the world’s biggest markets. According to the data published by Coinmarketcap, Turkey accounts for almost 16% of global cryptocurrency users.

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