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Hi good friends, and welcome back to Week in Review! Recently, I blogged about tech handling Disney. This week, I'm discussing the search for a brand-new crypto messiah. If you read this on the Tech, Crunch website, you can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny.

Bitcoin plunge wipes $500 billion from value in crypto rout - Business News,The  Indian Express

This weekend, countless crypto acolytes and financiers have actually descended on a Bitcoin-themed conference in Miami, a really real, very heavily-produced conference sporting crypto celebs and actual stars all on an objective to make waves. Despite the fact that I am not at the conference in individual (panels from its primary phase were live-streamed online), I have lots of welcomes in my email for afterparties featuring celebrities, open bars and limitless discussions on the perils of fiat.

Regardless of having so much, what they still seem to be doing not have is a client saint. For the longest bout, that was Area, X and Tesla CEO Elon Musk who boosted the currency by pushing Tesla to invest money on its balance sheet into bitcoin, while also pressing for Tesla to accept bitcoin payments for its vehicles.

Crypto price news – live: Bitcoin crash halted after Elon Musk says Tesla  has 'diamond hands'

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There are a lot of celebrities aiming to fill his shoes a recent endorsement failed by Soulja Boy was one of the more humorous instances. Crypto has actually been no complete stranger to grift of that even the most hardcore crypto grifters can likely concur and I believe there's been some arrangement that the only leader who can really preach the gospel is somebody who is already so abundant they don't even require more money.

The best runner-up at the moment seems one Jack Dorsey, and while like Musk he is also another double-CEO, he is quite a bit different from him in attitude and desire for the spotlight.  crypitol.com  was, nevertheless, a heading speaker at Miami's Bitcoin conference. Dorsey collects the most headlines for his work at Twitter however it's Square where he is pressing the majority of his crypto enthusiasm.