Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Former UK Prime Minister Boris Johnson says Bitcoin is a scam, USDC’s market cap is approaching a record $80 billion amid turmoil in Dubai’s real estate market. Meanwhile, a US federal appeals court knocks back Custodia Bank’s request to review the Federal Reserve’s authority in granting master accounts.
Former United Kingdom Prime Minister Boris Johnson called Bitcoin a “Ponzi scheme” on Friday, drawing a torrent of online backlash from the Bitcoin (BTC) community and crypto industry executives.
Johnson wrote an opinion article in the Daily Mail recounting the story of a “friend” who had given someone they met at a bar 600 British pounds, or about $661, on the promise that the money would be doubled.
