Un-10K-ed Bitcoin, Made History, and 20 Crypto Jokes
This crypto-week, bitcoin surpassed USD 10K, then it didn’t, and the eight largest difficulty drop happened, and as bitcoin demand is already outpacing supply, BTC got a red dot on the S2F model signalling a bull run. Decentraland’s virtual world made history by streaming the SpaceX launch, allegedly Western Union is interested in purchasing MoneyGram, Atomic Loans will launch lending this summer, and Blockdaemon CEO told us that payment-centric projects bring blockchain to people. While Coinbase was criticised yet again, we learned that four crypto exchanges rake in 90% of BTC trading volume, and hackers threaten to use stolen data from Coinsquare for SIM swapping.
Meanwhile, Kakao launched its long-awaited crypto wallet, SBI VC Trade offers new customers free XRP, and Wasabi Wallet is too hot for Europol. The Fed Chairman gave a nod to an "Ethereum-based" replacement of LIBOR, the US was warned to either launch the digital dollar or say goodbye to USD dominance, Venezuelans can pay for petrol in petro, South Korea could introduce capital gains tax on crypto earnings, and Russia sent some mixed signals over a potential crypto ban. Meanwhile, Twitter fact-checking Donald Trump’s tweets prompted discussions about decentralized social networks. Finally, check out 5 ways to reduce risks in case bitcoin exchange fails, and 3 ways to compare crypto assets.
Bitcoin was at 10K this week. Was.
Bears doing their thing today… pic.twitter.com/R1QObMKXzk
— Panama (@Panama_TJ) June 2, 2020
BTC reached USD 10K level.
There’s always another try.
Bitcoin these days from r/Bitcoin
Traders learning their Barts.
“And here we have a wild Bart in its natural habitat” – David Attenborough from r/CryptoCurrency
I want a new Bimmer & Labrador, give pump now. pic.twitter.com/ny96fW92o1
— Mr. Backwards ® (@Coin_Shark) May 28, 2020
When your shitcoin bag starts to randomly pump ? pic.twitter.com/t5kO7xiSj2
— Teddy (@TeddyCleps) May 26, 2020
Not asking much, dammit…
Try another wish? Dammit…
No commitment problem here.
Holding your alts since january 2018 pic.twitter.com/ajBm5af72j
— ⛏Crypto Chris Walken? (@cryptochrisw) May 24, 2020
Jo King Rowling.
— E. Krediet (@EKrediet) June 4, 2020
Where there’s money, there’s baits.
All I’m saying is: yes.
Let’s move on to massive, ongoing, global issues. What say you, CT?
Nurses risking their life to saved COVID-19 patients, private companies sending men to space, purge style riots going on.
— Teddy (@TeddyCleps) June 1, 2020
And why is the Cryptoverse not affected?
— dark pill (@DanDarkPill) June 3, 2020
Here’s an additional explanation.
Bitcoin: A Peer-to-Peer Electronic Chastity System
— Rob "Crypto Bobby" Paone (@crypto_bobby) June 2, 2020
If you’re wondering what lies ahead:
2020. Seven more months to go. pic.twitter.com/oBe5LtPKcB
— Alex Krüger (@krugermacro) June 1, 2020
Here’s another perspective.
lil pespective for yall ? pic.twitter.com/rERvxGMoCu
— The Crypto Dog? (@TheCryptoDog) June 2, 2020
And in about a century:
Don't forget the machines the humans left behind have finally mined the last Bitcoin
— Wajito (@W4jito) June 1, 2020
THIS IS NOT FINANCIAL ADVICE pic.twitter.com/UiOOXtfTpk
— CryptoChimp (@Cryptanzee) June 5, 2020