Crypto Risk Tolerance, Insane Bitcoin Mining Luck, Olympic Yuan, and 20 Crypto Jokes

The week began with a rally in bitcoin and ethereum after they broke through crucial levels, as legendary investor Bill Miller said he had pumped 50% of personal funds into bitcoin and various other crypto assets, and a survey found that Ethereum traders UK and US cryptocurrencies show increasing risk tolerance as they gain experience. Elrond Network acquired Web3’s Utrust payment solution, seeing the latter’s coin jump. Meanwhile, in Lightning Network news, Cash App integrated this L2 solution, while Bottlepay received UK FCA approval. Meanwhile, a solo BTC miner mined a block securing a $266,870 reward, and then a second solo miner also won the block race, which was described as “crazy luck”, and we also reported on people who they mine BTC with their Norton 360 antivirus and their Tesla. cars. Meanwhile, Jack Dorsey, Alex Morcos, and Martin White have launched the Bitcoin Legal Defense Fund and are preparing to wage a legal war with Craig Wright.

That is far from everything. A popular reporter claimed that Apple has no metaverse plans for its next headset, South Korea’s metaverse and crypto gaming projects could get a big boost in the coming weeks, and a student’s NFT collection of selfies went viral. New Unstoppable Domains feature enables Ethereum and Polygon login using NFT domains, while heavily backed DeSo made waves again with a controversial Google login feature, as research found that centralization caused the majority of DeFi attacks in 2021. In hot wallet attacks, brand-owned Animoca Lympo lost $16.5 million, while exchange LCX lost $8 million. Other research concluded that the cryptosphere needs to address the issue of airdrops.

In China, the test of the digital yuan continues with app markets reporting massive growth in wallet downloads, while foreign visitors will be able to use the digital yuan for the first time at next month’s Winter Olympics. Iran is also set to finalize a scheme that would allow merchants to use digital currencies in international trade. Uruguay’s first crypto ATM has proven an instant success, while a US regulatory agency is calling for tighter regulation on crypto ATMs. A pro-crypto Spanish parliamentarian called on the government to offer crypto miners from Kazakhstan a home in Spain. Meanwhile, in the US, the Fed chairman shared his crypto-related comments in front of the Senate Banking Committee, with inflation rising the most in 40 years while bitcoin and ethereum posted gains. And as the CFTC is urged to tighten crypto regulation, Coinbase is poised to launch crypto derivatives in the country. Meanwhile, Near raised $150 million, while the central banks of Pakistan and Bolivia were unhappy with crypto, contrary to Rio de Janeiro and its crypto investment plans.

Ripple won the right to access Ethereum emails from the SEC, Tesla accepted its fate and dogecoin, while Tether showed its centralized power to block USDT accounts. But luckily, Jack Dorsey took another step to strengthen decentralized Bitcoin and announced a new Bitcoin mining system. But there is not just Bitcoin, as FTX launched a $2 billion blockchain and Web 3 fund.

Let’s look at this week’s collection of the best cryptocurrency jokes.

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As we always do, let’s check with crypto twitter first.

They are a group of selective optimists.

Meanwhile, in the crypto markets:

Source: coinexmemes / Instagram

How has BTC fared?

Related to the previous post, here is a brief history of what happened.

‘I said no matter what, damn it!’