Hey Hive!
Happy Friday!
For this week's news - Pornhub only accepts crypto for their exclusive content, another billion-dollar firm joins team BTC, and Bitcoin hit $20K!
Read on!
MasterCard and Visa started blocking payments to Pornhub and the adult entertainment platform adapted by accepting crypto as its default payment.
Pornhub currently accepts some of the more popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Monero (XMR), Tether (USDT) and more.
Paypal started blocking payments to Pornhub in November, 2019 and other payment companies like Discover, Visa and Mastercard are following suit.
Ruffer Investment Company, a 20 billion dollar asset management company based in London announced that it allocated 2.5% of its funds to BTC.
Ruffer believes that BTC will be the saving grace when the world's major currencies struggle in the midst of inflation.
The company is the latest addition to a recent string of notable companies like Microstrategy and MassMutual to hedge its bets with Bitcoin.
Moving on to today's news, Bitcoin (BTC) surprised the world by breaking an all time high of $20K.
However, BTC didn't stop there! Within hours of touching $20K, BTC rose even higher to $21K and surpassed $22K.
Yet again Base Protocol came in first on the top 3锔忊儯0锔忊儯 trending coins on CoinGecko!
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