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Hello and welcome to Daily Crunch for July 20, 2021. The markets have been active in the last few days, with stocks dropping yesterday before rebounding today. Cryptos have also been suffering from ups and downs. A bit like Jeff Bezos, though his were planned. More on that in a second. — Alex
The TechCrunch Top 3
- Bezos blasts off: The billionaire space race reached its second stage today, as Amazon founder Jeff Bezos left the planet for a few minutes. There was a livestream, though the Blue Origin space company was a bit more salesy than I was comfortable with. Regardless, the humans went up and came down, and the rocket and everyone aboard survived. The crew was pretty stoked about it all.
- European startups are thriving: Of all the startup markets in the world, Europe’s is among the very hottest. And according to venture capitalists that TechCrunch spoke with, the pace of investing activity on the continent is not set to slow much in the back half of 2021. This year will set all-time records in the European startup market for capital raised.
- Square builds a business bank: What has lots of small-biz customers and big fintech aspirations? Well, a lot of tech companies, but also Square. The company has put together a business bank for its business customers. How long until Square is simply a bank for individuals and…