arrow-up
Market Musings

CoinMarketCap Daily, June 18: BTC Falls Below $40K, Nascar Driver Gets Paid in LTC

By
Published on:
June 18, 2021

Today, CoinMarketCap takes a look at Bitcoin's price and how a NASCAR driver is about to be paid all in crypto.

CoinMarketCap Daily, June 18: BTC Falls Below $40K, Nascar Driver Gets Paid in LTC

Table of Contents

Today’s Top Crypto News Stories

But first — subscribe to our newsletter here.

Bitcoin Struggles to Retake $40,000 👀

It seems that Bitcoin's time over $40,000 has been rather short-lived. The world's biggest cryptocurrency has tumbled to lows of $37,293.87 over the past 24 hours. This dip may have been triggered by the Federal Reserve, which has suggested it might start to increase interest rates from their COVID-induced lows sooner than previously planned. Read more.


2.3M Britons Now Own Crypto 🇬🇧

Figures from a U.K. regulator show 2.3 million Britons now own cryptocurrencies — 400,000 more than last year. Despite this, understanding of how digital assets work appears to have fallen. The surge follows an extraordinary bull run for Bitcoin, and 53% of those polled by the Financial Conduct Authority said they've had a good experience investing so far. The latest.


Mark Cuban Calls for Regulation 🚨

Billionaire Mark Cuban has called for stablecoins to be more regulated after getting caught up in the spectacular collapse of a token called Titanium. TITAN fell from $52.46 to $0.00000006 in a 24-hour period, practically losing 100% of its value. "Even though I got rugged on this, it's really on me for being lazy," the Dallas Mavericks owner said. Here's what happened.


NASCAR Driver's Crypto Payday 🏎

A NASCAR driver is going to be paid entirely in cryptocurrency for the very first time as part of a sponsorship deal. Landon Cassill's announcement came as it emerged that he has been sponsored by Voyager, a crypto brokerage firm, for 19 races. But rather than plumping for Bitcoin or Ether, he's mainly going to get compensated in Litecoin. Check out our story.

Take a look at our latest products:

watchlist

Watchlist: Create multiple watchlists, share them and follow other traders.

portfolio

Portfolio: Track your trades in one place, not all over the place.

gainerslosers

Gainers & Losers️: Which crypto have gained or lost the most in the last 24 hours?

priceprediction

Bitcoin Price Prediction: Match your wits against other cryptophiles and submit your price predictions for Bitcoin here.

Author(s)

CoinMarketCap

I'm CoinMarketCap — you've probably heard of me.

Terms in Article

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!

Email submitted!
Oops! Something went wrong while submitting the form.

Related Articles