Bundchen and Brady Enter FTX And Coinbase Wants To Build Crypto App Store

Last Updated on 1 July 2021 by CryptoTips.eu


Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]

Bitcoin is holding steady near $33,500 at the time of writing, barely moving 1% over the past week again as the boring summer months continue for the world’s biggest cryptocurrency. Analysts are waiting to see whether Bitcoin will break above $40k for a next move up or under $30k and unleash another batch of FUD (Fear, Uncertainty and Doubt) from the mainstream media.

NLF star quarterback Tom Brady and his supermodel wife Gisele Bundchen are also entering the cryptosphere as global adoption continues.

Both of them are set to become brand ambassadors for FTX, the crypto platform owned by Sam Bankman-Fried, the young crypto veteran billionaire who is making waves in the world of trading.

Brian Armstrong wants crypto app store

Coinbase has not had a lot of good press lately. The US crypto platform launched its IPO at the height of Bitcoin’s 2021 bull run so far, around half of April. Since its launch, its stock price has fallen though, and CEO Brian Armstrong now seems keen to change the tale.

In a long blog post, Armstrong claimed that Coinbase would become the app store to crypto just as the iPhone provided Apple with its own app store.

He said:

We’re seeing crypto quickly mature from its initial use case of trading Bitcoin to the trading of thousands of new assets, and the adoption of new use cases like Decentralized Finance (DeFi), NFTs, smart contracts, Decentralized Autonomous Organizations (DAOs) and more.

Apple didn’t attempt to build every app for the iPhone, it empowered developers and gave mobile users an easy way to access new innovative apps. We need to do the same in crypto.

Depositphotos.com / nils.ackermann.gmail.com