Another week has passed, and here is a summary of what happened. With markets down and CT looking for jobs in the fast food industry, McDonald’s happily controlled crypto twitter. Major crypto assets, including BTC and ETH, continued to fall for a while as market participants braced for a Fed meeting, falling along with stocks as the Fed confirmed the cut. But they all rose as traders began to digest the Fed statement. Before falling again soon after, and then rising once more. Fantom then skyrocketed when its daily transaction count briefly surpassed that of Ethereum. XRP rose with the market as Ripple announced a buyout, while $3.8m ‘romantically involved’ XRP thieves were sent to prison for 7 years. Ethereum.org went from using ‘ETH 1’ and ‘ETH 2’ to ‘execution layer’ and ‘consensus layer’, Genesi DAC, led by Vitalik Buterin’s mother Natalia Ameline, chose Tristan Metaverse as their first investment, and Etherscan launched a “wallet-to-wallet” instant messaging service Blockscan Chat. Michael Saylor said that BTC is digital property and digital security ETH. Solana experienced high network congestion once again due to bots spamming the network, and reports emerged that OpenSea was under attack, but the platform denied experiencing an exploit or bug. Meanwhile, Donald Trump’s son threatened the TrumpCoin founders with legal recourse.
Meta revealed its plans to build a powerful AI supercomputer to be used for building metaverses, Coinbase previewed its NFT platform, while Reddit began testing NFT profile photos, and Buterin discussed non-transferable NFTs. . Meanwhile, the Diem Association was reportedly trying to sell its assets to return the capital to its investors, and Silvergate may be trying to buy it. KuCoin expanded its euro operations by integrating SEPA support, FTX US raised $400 million, raising its valuation to $8 billion, and Uniswap’s Hayden Adams said JPMorgan Chase closed its bank accounts “without notice or explanation.” “. Another headache came for crypto miners as three Central Asian countries were hit by a blackout, while analysts see slower Bitcoin hashrate growth in 2022 amid market correction.
The manifestos of the main South Korean presidential candidates were published as NFTs and Statistics Korea made a crypto move. Vladimir Putin has spoken out about the country’s crypto capabilities as border tensions with Ukraine rise, a senior Russian MP urged the country to ban cryptocurrencies but legalize mining and issue a gold-backed stablecoin, and more top MPs pushed back. central bank calls to ban cryptocurrencies. . Romania and Latvia are considering changes to crypto regulations and taxes, an Indonesian regulator reminded market participants that financial services companies cannot offer and facilitate sales of crypto assets, companies run by the Chinese government and local governments began exploring metaverse-related innovations, the IMF warned El Salvador to ease its BTC law, but the cryptoverse laughed, the IRS said it faces mountains of crypto and NFT fraud, and the US community .was on alert as a bill threatened to give the Treasury sweeping powers over crypto. Let’s laugh at some jokes now!
__________
Good morning CT! How did your week start?
__
Taking things well, it seems.
__
Everything is alright now? You have a plan?
__
Crypto discount time.
__
It is a balancing act.
__
Creepy stories.
__
Who wants to be a former millionaire?
__
Precise.
__
Looking.
__
No fighting, boys! We are all the same with burgers.
__
Provided without comment.
__
7the time is a charm
__
IMHO IMF NGMI.
__
Yes, but the second one has slides.
__
An expert analysis.
__
A hedge is a hedge. Correct? Type?
__
“Oh no, oh no, oh no no no no no!”
__
Let’s see how grocers are learning to be saters.
__
Here’s a non-romantic thriller for you.
__
And a documentary about the events of the crypto market this January.