Canadian Condo Project Accepting Cryptocurrency

Canadian developer Ray Junior Courtemanche says "the timing was right" to accept cryptocurrencies for a condo project near Montreal. His announcement came after the global crypto market lost almost $2 trillion in value since November. The price of Bitcoin, the most recognized crypto currency, dropped 38 percent in June to less than $20,000. In January, a crypto investor paid $7 million for a unit in downtown Miami, trailing a $7.2 million one last summer and a $22.5 million penthouse in Surfside that sold for $22,5 million in digital tokens in 2021. In June alone, about 1,700 crypto exchange employees lost their jobs in June alone in the crypto market, Forbes reports. The market is shrinking. Source