Today, CoinMarketCap shares the top news and stories from the crypto space.
Today’s Top Crypto News Stories
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World Bank Refuses to Help El Salvador ❌
The World Bank has refused to help El Salvador adopt Bitcoin as legal tender. The Central American nation was seeking technical assistance, but the organization said it can't offer support "given the environmental and transparency shortcomings" linked to BTC. In other news, a minister has said the IMF is "not against" the country's plans. Here's the latest.
'I Have Nothing,' John McAfee Says 👀
John McAfee has denied that he has a stash of "hidden crypto," telling his one million Twitter followers from his Spanish jail cell: "I have nothing." The antivirus software creator is awaiting extradition to the U.S. to face tax fraud charges. During a hearing in Madrid on Tuesday, McAfee claimed America's accusations are politically motivated. Read more.
CNN Is Going to Release News NFTs 🎥
CNN has announced it is getting into the NFT market. The news network is set to release crypto collectibles highlighting memorable moments in history from the past 40 years. Announcing the plans, CNN pointed to how original print editions of newspapers are regularly sought… even though we now "experience news events through screens." Check out our story.
Now Is the Time to Buy, Pantera CEO Says 💰
Pantera Capital's CEO Dan Morehead has said now is the perfect time for new investors to enter the crypto market — claiming prices are "well below trend." On Twitter, he added: "Bitcoin has only been this 'cheap' relative to its trend 20.3% of the past 11 years." In a monthly newsletter, he added that he thinks "we've seen most of the panic." Read more here.
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