Michael Dell Discusses Cryptocurrencies and Blockchain

Bitcoin price volatility continues, and altcoins are in the red again. However, good things are happening too. Amidst all this turmoil, S-1 Form updates for ETH are also arriving. On the other hand, one of the world’s 20 richest people, the founder of DELL, made a Bitcoin-themed post.

DELL and Cryptocurrencies

The founder of the famous DELL brand, Michael, recently made a new post about cryptocurrencies. We are not used to seeing similar posts from billionaires on social media. Considering the billionaires who cursed crypto a few years ago, today’s situation is very interesting. Yes, in the past, if billionaires talked about crypto, it was to curse it and understand how terrible it was.

“This is a great account to follow MeCookieMonster. Very fun”

Recently, Dell’s founder Michael Dell initiated a poll on blockchain. He asked, “What do you think will be the next big breakthrough in technology?” and offered four options. The poll, which included Space Technologies, Quantum Computers, Blockchain, and Artificial Intelligence, had 19 hours left at the time of writing.

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Of course, blockchain is leading the poll with 37.4% support from strong crypto investors. Perhaps Michael will share more about cryptocurrencies in the coming days due to this interest.

The Week Ends in Cryptocurrencies

We are in the last hours of the last working day. Cryptocurrency markets will remain open, but this week has not been good. BTC fell below $63,400, and altcoins saw losses of up to 30%. Today’s last BTC drop did not cause deeper dips since altcoins were already oversold.

For now, BTC sales in Germany are one of the main topics. The gradual transfer of billions of dollars worth of assets to exchanges is discouraging. Additionally, the possibility of the US unexpectedly selling assets seized as criminal proceeds is current. Last year, these transfers caused significant panic among investors. While the total BTC inflow of all ETFs is around $15 billion, billion-dollar sales on exchanges could cause major problems.