Unguided Bitcoin, Ethereum in Ropsten, Open PayPal, Litecoin Delisting, Friendly Senators and 20 Crypto Jokes

Another crypto week is behind us. Let’s recap! Bitcoin ended its record-long losing streak and BTC inflows grew while Ethereum saw outflows, BTC’s historical performance is no indication of the future in 2022, Ethereum’s Ropsten testnet finally merged while Vitalik Buterin asked the community what they were about Tron revealed more details about USDD support to distance the stablecoin from UST, and BNB extended losses following a new regulatory scrutiny and media probe of Binance. Indian Terra investors braced for another hit after the LUNA 2.0 airdrop under the new tax laws, the new LUNA fell nearly 90% from its ATH, and some ApeCoin whales voted against the proposal to stay on Ethereum, but the (near) majority still voted to stay. While many dismissed the idea that Bitcoin Lightning Network could support DeFi apps and NFTs, the community said a paper claiming Bitcoin’s early success was due to centralization said “nothing new at all.” We also learned that blockchain gaming is the category within crypto that has resisted the industry downturn the most.

All five South Korean licensed exchanges decided to delist Litecoin after the Mimblewimble upgrade, while Japanese crypto exchanges appear determined to abandon restrictive token listing protocols, which “heavily profitable” FTX said it will continue to discontinue despite the bearish market , and a court in Brazil ordered the Foxbit exchange and another firm to “refund” customers who “lost” nearly $3,000 worth of ETH in a transfer. Meanwhile, Wintermute’s “amateur blunder” resulted in the loss of 20 million Optimism tokens, a BAYC co-founder faced a backlash for blaming Discord after ETH 200 worth of digital assets were stolen in an exploit were, and Osmosis DEX was hacked for $5 million, but the team denied that the liquidity pools were “completely depleted.”

And then PayPal allowed select US customers to transfer crypto from their accounts to external wallets and exchanges, Okada & Company listed a NYC building as an NFT on OpenSea for 15,000 ETH, PWC found that nearly one in three hedge funds surveyed had crypto Investment plans , Accenture saw strong demand for digital assets from Asian investors but also reluctance from consulting firms, and São Paulo FC made history by becoming the first Brazilian team to accept bitcoin and altcoins for game tickets. Legal experts have claimed that Elon Musk could use the “preponderance” of bots on Twitter “as an excuse to abandon or renegotiate the $44 billion deal,” and Custodia filed a lawsuit against the Fed for denying its request had “unlawfully” delayed on a master’s account.

South Korea’s ruling political party said the top crypto exchanges have drawn up plans that could lead them to form a self-regulatory body French lawmakers released a new report to push for crypto legislation, while Japan’s justice ministry wanted courts and police officers to pass the law Giving power to seize crypto assets in criminal cases, two U.S. senators introduced a new bill targeting more crypto-friendly regulations, and the ruling United Russia party is pushing for crypto legislation, while the Department of Energy proclaims its support for crypto mining.

Optimism also increased towards Grayscale’s BTC ETF application, Mastercard aims to enable direct NFT payment options, while Jack Dorsey skipped Web3 and Web4 altogether and is now working on Web5.

And now a selection of crypto-flavored jokes. Enjoy your meal!

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As it should be, we start every morning by saying hello to crypto-Twitter! What’s up CT?

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Hmm, that might be a little cucumber…

Source: _crypto.coach_ / Instagram

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A little sideways, great, now a little back to this side, keep the rhythm, excellent, repeat…

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“Come on, where is it?! I’ve seen it before!’

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John is having a tough few months.

Source: Coinsutra/Instagram

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Now that we know how John is doing, let’s also look at the traders.

Source: theworstcryptomemes / Instagram

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For a more technical observation, we ask the analysts.

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Admit it, you recognized yourself immediately.

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Oh, look how… proud…

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test net.

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This is the actual footage.

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Pretty kitty….

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Or in the eternal words of economists Kylie Minogue and Taio Cruz: “I can’t stay grounded, whoa, I can’t get enough, this is taking me now, it’s taking me higher, higher, higher off the ground.”

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And in the words of Tanner, the TikTok economist:

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The history books get funnier with every Google search.

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Tricky trickster trying to trick us with his trick questions…

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Bubbles, bubbling bubbles, bubbling.

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Yes…no…doesn’t happen.

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That’s better.

Source: cryptodogmemes / Instagram

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And your weekly POV.

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