CoinMarketCap Daily, July 22: Elon Musk Speaks Out

Elon Musk has said Tesla is "likely" to start accepting Bitcoin as a payment method again. At The B Word conference, he also revealed that he personally owns BTC, alongside ETH and DOGE. With regards to his tweets, Musk added: “If the price of Bitcoin goes down, I lose money. I might pump, but I don’t dump … I would like to see Bitcoin succeed." Read more here.

Protesters have taken to the streets of El Salvador in anger at the government’s plans to adopt Bitcoin as legal tender. That's despite the fact demonstrations have been banned because of COVID. One protester said: “For people who earn minimum wage, one moment you can have $300 in Bitcoin and the next day the $300 can become $50." Here's our article.

Demand for Damien Hirst’s NFT collection was healthy to say the least. New figures show that 32,472 people applied for a total of 67,023 NFTs. Given how the collection has been strictly limited to just 10,000, this means that The Currency project is six times oversubscribed. Successful applicants may not be notified until July 28. The latest.

Ashton Kutcher and Mila Kunis have shared a video about cryptocurrencies — featuring Ethereum co-founder Vitalik Buterin sat at their table. The clip shows Kutcher asking Kunis for simple definitions of crypto, blockchain and decentralization. When the A-lister enquires about Ethereum, the camera zooms to Buterin for a detailed explanation. Watch here.