Nearly three years ago World Mobile became part of my life when I met the founder and CEO Micky Watkins – my brother from another mother. The vision was simple enough… to connect the unconnected through blockchain and the sharing economy.
I knew their revolutionary telecom business model would disrupt the industry. My role has been to build partnerships to help deliver this vision starting with Charles Hoskinson and Input Output Group (IOG) which now owns 10 per cent of World Mobile Group.
So it is with immense pride, as the Global Ambassador for World Mobile, that the World Mobile Token Generation event ‘TGE’ kicked off yesterday with 70 per cent reserved in 12 hours and at 11am UTC today the sale will officially open.
The World Mobile Token is built on the Cardano Blockchain and as such is one of the first native utility tokens built to scale with the ticker $WMT
It was another weekend of slow price action for Bitcoin, with a breakout from $33k on Saturday to almost $36k on Sunday failing to materialise into anything significant.
Bitcoin continues to trade in the narrow range between $34 to 36k where it spent most of last week. Other than two or three brief forays above $40,000 and dips below $30,000, the cryptocurrency has been in the same $10k price range since the middle of May. Will July see a long-awaited breakout?
The good news is that confidence among Bitcoin’s super rich – better known as ‘whales’ – seems to be returning. The number of Bitcoins held by those holding 1,000 to 10,000 BTC rose by more than 80,000 to 4.216 million BTC on Friday, hitting the highest level since May. The price run to $60k earlier in the year was driven by larger investors. Do they know something again?
It was more exciting in the alt markets today, with the total market cap of the crypto market almost hitting $1.5 trillion for the first time since June 18. Ethereum was at the forefront, rising in price to almost $2,400. It’s since dropped down to around $2,270, but is still up more than 10 per cent over the last seven days.
It was also good news for other smart contract players. Cardano (ADA), in particular, had a good weekend off the news that Grayscale Investments – the world’s largest digital currency asset manager – is adding Cardano to its Digital Large Cap Fund. ADA leapt up to $1.49 on the news, dropping since to $1.42. The cryptocurrency has gained more than 1000 per cent in price over the past year, making it one of the standouts of this latest bull run. Can it continue to see success?
Would you like to help spread the adoption and education of Bitcoin in the UK and even stack some Sats while you’re doing it? Well, now you can!
The Bitcoin Pioneers community, backed by Barry Silbert’s Digital Currency Group, was created to introduce Bitcoin to a mainstream audience in a meaningful way and now has members right across the UK.
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