Top Crypto News: 7/22

The majority of the cryptocurrencies surged strongly in the last 24 hours. Bitcoin is trading over $32,420 while Ethereum is also up and is trading at $2,031. Moreover, Elon Musk’s BTC favorable speech at “The B Word” event is being touted as one reason for the recent price uptick.

Let’s find out some interesting top crypto news for today.

1 – Elon Musk Reveals Tesla Would Start Accepting Cryptocurrency Payments

Tesla CEO Elon Musk revealed that he owns Bitcoin, Dogecoin, and Ethereum at a Bitcoin event called “The B Word.” Musk also stated, “Outside of Tesla and SpaceX stock, it’s my largest holding.” Along with Musk, this event included Twitter CEO Jack Dorsey and Ark Invest CEO Cathie Wood.

He also added that Tesla would start accepting cryptocurrency payments in the near future. In addition, before accepting it, his team will do some due diligence on how much renewable energy is used to mine BTC. He added, “We’re not selling any Bitcoin, nor am I selling anything personally or nor is SpaceX selling any Bitcoin.” Musk also said that he wants to see Bitcoin succeed. Following his statement at the event, Bitcoin price enjoyed a nice bump.

2 – Inter Taps Socios.com to Launch Its Fan Token on Chiliz Blockchain

Inter Club has announced the launch of its first blockchain-based fan token. This was accomplished by Inter partnering with Socios.com to launch its INTER fan token on the Chiliz blockchain.

As per the tweet, this token will empower fans with unique digital and exclusive club-related content. In addition, the token holders can enjoy VIP rewards and get access to different events. Besides this, Socios.com will become a digital meeting place for Inter’s worldwide fanbase. Recently, AC Milan and Barcelona also launched their fan tokens. Hence, Inter now becomes the latest sports club to use fan tokens to attract new fans and offer rewards.

3 – Splinterlands SPS Token Launch Amidst Airdrop Announcement

Splinterlands has revealed the launch of its SPS token on July 26, 2021, at 16:00 UTC. At the time of launch, an SPS-BNB liquidity pool will be created on PancakeSwap. This pool will further run on Binance Smart Chain (BSC) and will be seeded with a significant amount of liquidity for trading.

In addition, after the SPS token launch, users can stake and transfer them to other Splinterlands accounts. Further, users can also transfer SPS between their Splinterlands game accounts and their BSC wallets. The team also announced the 365-day SPS token airdrop event, which will start on July 27 at 16:00 UTC.

As stated, the team will take a snapshot every day of all of the Splinterlands assets held for roughly one year. These Splinterlands assets can be held across six different blockchain platforms (WAX, Hive, Steem, Ethereum, BSC, and Tron). Notably, the snapshots will show how many airdrop tokens each wallet address is eligible to receive for that day. The airdrop tokens come from a total pool of 400 million SPS. More details regarding this airdrop can be found here.

4 – Fear Launches 35,000 Plays Competition

In the last bit of top crypto news for today, we have Fear launching the 35,000 Plays competition. Moreover, this competition is named PLAY to WIN, which will give FEAR coin holders a chance to play and win FEAR coins. The team will select two winners randomly to give $1,000 worth of FEAR coins.

Notably, the user should have six FEAR coins in their wallet to access this exclusive competition. This competition starts on July 27, 2021, to celebrate the new game release. Fear is a blockchain-based horror gaming and NFT project which provides gamers and crypto enthusiasts an opportunity to own unique and rare NFTs. Hence, with this contest, the team has plans to become the number one played blockchain game in the world.

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