| Get Ready! FUN Token Decentralized Casino Coming Soon If you cannot see the email below, please click here to see the web version. Dear FreeBitco.in User, You are receiving this email because you are an active user at FreeBitco.in. Your User ID 4327909 was last active on 2021-01-06.  LAST WEEK IN CRYPTO Hello FreeBitco.in Users! Elon Musk was at it again last week as Tesla abandoned BTC payments. However, as the market struggled, ADA shined. Let's take a look at what happened Last Week in Crypto: ➤ BTC Holds Up Well in the Face of Negative News Bitcoin Holds Its Own in the Face of Tesla News BTC | BITCOIN $44638.21 -3.13%  News about Tesla abandoning BTC payments saw sellers scrambling to liquidate their positions in Bitcoin last week. BTC fell by 20%. At peak volatility, a total of $200 million was liquidated in a period of 10 minutes on 13th May. Furthermore, inflows to exchanges hit 30,000 BTC which is the highest since the crash in March 2020. That indicates a desire to sell BTC at short notice. However, even with these indicators, Bitcoin has more than held its own. BTC showed it's bigger than any single investor changing their opinion by quickly bouncing back from its low of $46,000. The long-term trend is still bullish as the 21-week EMA easily held the price up, a level analysts say is key for the 2020-21 bull run. The next hurdle to overcome is $50,000. 250 Million FUN Tokens Purchased As Part of the FreeBitco.in Premium Program FUN | FUN Token $0.033321 -5.96%  FreeBitco.in launched the Premium Membership Program on 1st February and users have now purchased a total of 250 million FUN Tokens at FreeBitco.in. This could be one achievement of many as FUN Token and CEO Adriaan Brink prepare to develop and launch a new decentralized casino for the token this quarter. The casino would be followed by a string of developments over the next year that could help FUN change the face of iGaming forever. Click here to take a look at the planned roadmap for FUN Token. ETH Reaches Three-year High Against BTC, ADA Price Crosses $2  ETH | Ethereum $3,901.95 -2.24% ADA | Cardano $2.15 +16.23% EOS | EOS $10.63 -5.77% ETH continued its run as it hit two new all-time highs in a single day on 12th May. As it reached $4,370, ETH broke $500 billion by market capitalization for the first time ever. Furthermore, the ETH/BTC pair reached a three-year high of 0.08 BTC. However, in the face of negative sentiment in the broader market, ETH fell to as low as $3,500 during last week. Analysts are still confident it's still a matter of time before ETH makes its way to $5,000. Cardano (ADA) paid no heed to the broader market sentiment as it continued on its bull run with immense conviction. Even as BTC and ETH dropped, ADA kept making new all-time highs, reaching its highest point on 15th May - $2.20. It has been an exciting year for Cardano after it started 2021 at $0.16. Crossing the psychological landmark of $2 could be huge for the coin ranked fourth by market cap. Block.one, the company behind EOS, announced that it had secured $10 billion in funding to launch an EOS-based cryptocurrency exchange named Bullish Global. This news saw EOS post double-digit gains, taking the price to $14.88 before steadily declining to $10.5. On 14th May, Elon Musk tweeted that he's working with the Dogecoin developers ''to improve system transaction efficiency.'' Following the tweet, Dogecoin's market cap spiked by $10 billion. Furthermore, Coinbase's plans to list DOGE on its platform within six to eight weeks could have contributed to DOGE's rally to $0.58 as well. Crypto News Weekly Roundup Low Energy Protocols Surge Amid Environmental Debate Surrounding BTC  On 12th May, Elon Musk announced that Tesla is going to stop accepting BTC as payment. The company cited the sheer amount of energy required to mine Bitcoin as an environmental concern, thus sparking a 'green energy' debate which saw low energy consumption protocols like NANO and HBAR post double-digit gains. NANO is particularly notable as it is a cryptocurrency designed to offer secure, near-instant payments with zero fees. On 13th May, NANO rallied by 125% to $14 all because of its highly energy-efficient protocol. How ICP Made It Into the Top 10 Two Days After Launch  Forget ADA, ETH, or BTC - the biggest coin of last week was undisputably ICP as it made its way into the top 10 by market cap only 2 days after launch. ICP is the native token for the Internet Computer project backed by the Dfinity Foundation. Internet Computer seeks to develop a blockchain-based infrastructure that will allow developers to create applications, systems, and services that can be hosted directly on the internet, reducing dependency on cloud service providers. Dfinity's strategy involved getting ICP on all major exchanges at once. On Monday, it debuted on Coinbase at $630 while bids on Binance even went as high at $3,093. This haphazard trading sentiment saw ICP make it to fourth. At the time of writing, ICP trades at $284 and is ranked ninth by market cap. STAY TUNED FOR THE LATEST NEWS EVERY WEEK Keep an eye on your inbox for your weekly dose of cryptocurrency news, updates, trends, analysis, and more. 
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Which Crypto Will Tesla Choose for Payments?
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