CoinMarketCap is back again with a breakdown of the top daily crypto news stories.
Today’s Top Crypto News Stories
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A Bullish Bitcoin Forecast 🔥
A new poll suggests crypto investors are feeling bullish. While 28% expect Bitcoin will be worth between $41,000 and $55,000 by the end of September, 39% have a price target of between $56,000 and $71,000. Another 18% think prices will go even higher than that. Overall, 87% of respondents say they're planning to invest more in the coming quarter. Here's the latest.
MicroStrategy WON'T STOP 😱
Hours after closing a $500 million sale of senior secured notes to buy more Bitcoin, MicroStrategy was at it again. The company now plans to sell $1 billion in common shares. Part of this cash will go toward snapping up even more crypto. “It's better to have a #Bitcoin and not need it than need a Bitcoin and not have it,” Michael Saylor says. Read more.
Do Fans Like Fan Tokens? ⚽️
Soccer tokens have exploded in popularity over the past year — but according to a new report, not all football fans are enamored with the idea. Some supporters have complained these assets make following the sport even more expensive. After all, season tickets and official club shirts aren't cheap. Others like the engagement these assets bring. Check out our article.
Unknown Crypto Soars 164,842% 👀
An unknown altcoin called WebDollar made a splash on Monday. Over three hours, WEBD's price went from $0.0003711 to $0.6121 — up 164,842%. Its market cap went from $1.84 million to highs of $9.5 billion, putting it in the top 20 coins worldwide. This didn't last long, with its skyhigh valuation subsequently crashing by 99% two hours later. Read more.
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