{"id":19653,"date":"2022-06-12T10:06:39","date_gmt":"2022-06-12T10:06:39","guid":{"rendered":"http:\/\/egrowonline.com\/?p=19653"},"modified":"2022-06-12T10:06:39","modified_gmt":"2022-06-12T10:06:39","slug":"unguided-bitcoin-ethereum-in-ropsten-open-paypal-litecoin-delisting-friendly-senators-and-20-crypto-jokes","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=19653","title":{"rendered":"Unguided Bitcoin, Ethereum in Ropsten, Open PayPal, Litecoin Delisting, Friendly Senators and 20 Crypto Jokes"},"content":{"rendered":"


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Another cryptoweek is behind us. Let\u2019s recap! Bitcoin ended its record-long losing streak and BTC inflows grew while ethereum saw outflows<\/a>, BTC\u2019s historical performance is no guide for the future in 2022<\/a>, Ethereum\u2019s Ropsten testnet finally merged<\/a>, while Vitalik Buterin asked the community what they disagree on with him<\/a>, Justin Sun’s Tron revealed more details about the USDD backing<\/a> in a move to distance the stablecoin from UST, and BNB extended losses following new regulatory scrutiny and media investigation of Binance<\/a>. Indian Terra investors braced for another blow after LUNA 2.0 airdrop under the new tax laws<\/a>, the new LUNA fell almost 90% from its ATH<\/a>, and some ApeCoin whales voted against the proposal to stay on Ethereum<\/a>, but the (narrow) majority still voted to stay<\/a>. While many dismissed the idea that Bitcoin Lightning Network could support DeFi apps and NFTs<\/a>, the community said that a paper that claims Bitcoin’s early success relied on centralization<\/a> said \u2018nothing new at all\u2019. We also learned that blockchain gaming is the category within crypto that resisted the industry downturn the most<\/a>.<\/p>\n

All five licensed South Korean exchanges decided to delist litecoin after the Mimblewimble upgrade<\/a>, Japanese crypto exchanges seem determined to ditch the restricting token listing protocols<\/a>, the ‘strongly profitable’ FTX said it will keep hiring despite the bearish market<\/a>, and a court in Brazil ordered the Foxbit exchange and another firm to \u201creimburse\u201d customer who \u201clost\u201d almost USD 3,000 worth of ETH in a transfer<\/a>. Meanwhile, Wintermute’s ‘amateur mistake’ led to the loss of 20m<\/a> optimism tokens, a BAYC co-founder faced a backlash for blaming Discord after ETH 200-worth of digital assets were snatched in an exploit<\/a>, and Osmosis DEX got hacked for USD 5M<\/a> but the team denied that liquidity pools were ‘completely drained’.<\/p>\n

And then, PayPal allowed select US customers to transfer crypto from their accounts to external wallets and exchanges<\/a>, Okada & Company listed a NYC building as an NFT on OpenSea for ETH 15,000<\/a>, PWC found that close to 1 in 3 surveyed hedge funds plan crypto investments<\/a>, Accenture saw strong demand for digital assets among Asian investors<\/a> but also hesitancy among advisory firms, and S\u00e3o Paulo FC made history by becoming the first Brazilian team to accept bitcoin and altcoins for match tickets<\/a>. Legal experts claimed that Elon Musk may be using the ‘preponderance’ of bots on Twitter \u201cas an excuse to abandon or renegotiate\u201d<\/a> the USD 44 billion deal, and Custodia filed a lawsuit against the Fed<\/a> for \u201cunlawfully\u201d delaying its application for a master account.<\/p>\n

South Korea\u2019s ruling political party said that the leading crypto exchanges created plans that could see them form a self-regulating body<\/a>, Kazakhstan\u2019s central bank is \u201cinterested in\u201d the \u201copportunities for innovation\u201d that cryptoassets and DeFi can \u201cgive\u201d the government<\/a>, a French lawmaker released a new report to push for crypto legislation<\/a>, Japan\u2019s Ministry of Justice wanted to give courts and police officers the power to seize cryptoassets<\/a> in criminal cases, two US senators introduced a new draft bill<\/a> aiming for more crypto-friendly regulations, and the ruling United Russia party is pushing for crypto legislation while the Ministry of Energy is voicing its support for crypto mining<\/a>.<\/p>\n

Also, optimism towards Grayscale’s BTC ETF<\/a> application increased, Mastercard aims to enable direct NFT<\/a> payment options, while Jack Dorsey skipped Web3 and Web4 altogether and is now working on Web5<\/a>.\u00a0<\/p>\n

And now, a crypto-flavored selection of jokes. Bon app\u00e9tit!<\/p>\n

__________<\/p>\n

As is only right and proper, we start every morning by greeting crypto twitter! What\u2019s up, CT?<\/p>\n

<\/figure>\n

__<\/p>\n

Hmm, this might be a little bit of a small pickle\u2026<\/p>\n

\"\"
Source: _crypto.coach_ \/ Instagram<\/figcaption><\/figure>\n

__<\/p>\n

A bit to this side, great, now a bit back to this side, keep the rhythm, excellent, repeat\u2026<\/p>\n

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\u2018Come on, where is it?! I saw it before!\u2019<\/p>\n

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John\u2019s having a rough couple of months.<\/p>\n

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Source: coinsutra \/ Instagram<\/figcaption><\/figure>\n

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Now that we know how John\u2019s doing, let\u2019s check up on traders too.\u00a0<\/p>\n

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Source: theworstcryptomemes \/ Instagram<\/figcaption><\/figure>\n

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For a more technical observation, let\u2019s ask the analysts.<\/p>\n

<\/figure>\n

__<\/p>\n

Admit it, you recognized yourself right away.<\/p>\n

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Oh, look, how\u2026proud\u2026<\/p>\n

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Testnet.<\/p>\n

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__<\/p>\n

This is the actual footage.<\/p>\n

<\/figure>\n

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Pretty kitty\u2026.<\/p>\n

<\/figure>\n

__<\/p>\n

Or in the eternal words of economists Kylie Minogue and Taio Cruz: \u201cI can’t stay on the ground, whoa, I can’t get enough, this is taking me now, it’s taking me higher, higher, higher off the ground\u201d.<\/p>\n

<\/figure>\n

__<\/p>\n

And in the words of Tanner the TikTok economist:<\/p>\n

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__<\/p>\n

The history books are getting more fun with each google search.<\/p>\n

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Tricky trickster, trying to trick us with his trick questions\u2026<\/p>\n

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__<\/p>\n

Bubbles, bubbly bubbles, bubbling.<\/p>\n<\/p>\n

__<\/p>\n

Yeah\u2026no\u2026not happening.<\/p>\n

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__<\/p>\n

This is more like it.<\/p>\n

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Source: cryptodogmemes \/ Instagram<\/figcaption><\/figure>\n

__<\/p>\n

And your weekly POV.<\/p>\n

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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Another cryptoweek is behind us. Let\u2019s recap! Bitcoin ended its record-long losing streak and BTC inflows grew while ethereum saw outflows, BTC\u2019s historical performance is no guide for the future in 2022, Ethereum\u2019s Ropsten testnet finally merged, while Vitalik Buterin asked the community what they disagree on with him, Justin Sun’s Tron revealed more details […]<\/p>\n","protected":false},"author":1,"featured_media":19654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[50,62,731,158,7094,7306,199,1210,3249,8267,2181,8948],"class_list":["post-19653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-bitcoin","tag-crypto","tag-delisting","tag-ethereum","tag-friendly","tag-jokes","tag-litecoin","tag-open","tag-paypal","tag-ropsten","tag-senators","tag-unguided"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/1-crypto-coach-instagram.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19653"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19653\/revisions"}],"predecessor-version":[{"id":19655,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19653\/revisions\/19655"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/19654"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19653"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}