In this week’s cryptocurrency weekly round-up: there are several negative stories that are not so inspiring when it comes to cryptocurrency mass adoption. First, it appears as though a Bitcoin ATM has been removed pretty much as soon as it has been installed in Dubai, and Twitch is abandoning cryptocurrency as a payment option. As if that wasn’t enough bad news - many are wondering whether Justin Sun, the founder of TRON, is buying Twitter followers.
This certainly might be the worst week in terms of news in recent memory for the cryptocurrency markets, although some might argue that these are all relatively small and isolated incidents. Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital, believes that Bitcoin can eventually overtake gold, in a more optimistic crypto news story. Odyssey is an annual hackathon that explores the potential of blockchain technology, and it will be taking place shortly, as well. Last but not least, Vietnam will soon be launching its first fully-authorized cryptocurrency exchange, which is great news for Asian crypto enthusiasts.