Partnerships, Rallies, Falls, Musks, CZs and 20 Crypto Jokes
This week in crypto, Coinbase partnered with Adidas Original, though we don’t know much about it yet, and Coinbase acquired the BRD wallet, while the BRD price jumped over 700%. Cardano and tron fell as eToro said it would restrict access to them for US users, zcash rallied more than 50% following the news from last week that the coin will switch to a PoS consensus algorithm, Coin Metrics found that Ethereum gas fees are the highest during the US business hours, and the on-chain data said that long-term bitcoin and ethereum holders remained confident. Elon Musk criticized Binance over dogecoin withdrawals and CZ replied. Meanwhile, Binance said it is talking to sovereign wealth funds who are interested in “taking a stake†in the platform.
Tokens.com bought 116 parcels of virtual land within Decentraland’s metaverse for USD 2.8m, the ConstitutionDAO will close after failing to win the auction for a copy of the US Constitution, and the JRR Token was ended by author J.R.R. Tolkien’s estate.
Meanwhile, El Salvador announced it would build a bitcoin-themed city at the base of a volcano and to use a new USD 500m bitcoin bond plan to fund it. In South Korea, a draft law has called for life sentences for certain crypto market manipulators, and Bithumb finally received an operating license from the nation’s financial regulator. Indian regulatory uncertainties and confusion have continued, the US senate is demanding answers from stablecoin issuers while expressing ‘concerns’ about this type of asset, and “several crypto CEOs†will be summoned to speak at a parliamentary hearing in the US next month. The ECB published a new oversight framework which will include stablecoins, the Russian senate finance chief said that crypto ‘probably has a future’, Brad Garlinghouse claimed that Ripple is making ‘good progress’ in the legal row with the SEC, and despite the country’s crackdown, the crypto crime in China is reportedly on the rise.
Here is your set of weekly crypto jokes.
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Heey, CT! You good?
Thank God. pic.twitter.com/dPb7Wz5SRv
— Bagsy (@Bagsy) November 19, 2021
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I just called to say I liquidated you
I just called to say how much you owe
I just called to say I liquidated you
And I mean it from the bottom of this market
The face of the bear market pic.twitter.com/rdkv81bPsV
— pixel (@spacepixel) November 19, 2021
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A trader’s manual.
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Hey, Bitcoin maxis, it’s not funny! [chuckles]
Engineering fails pic.twitter.com/oZOQAOp0CU
— Brekkie⚒️ (@BVBTC) November 19, 2021
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That’s the spirit!
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Another great spirit!
https://www.twitter.com/gegelsmr2/status/1462904528173469697__
Like, get under the damn thing and push up or something.
https://www.twitter.com/ConvexMonster/status/1461563323481137161__
Stop provoking it!
lmao pic.twitter.com/xYMNRL251b
— Adrian Zduńczyk, CMT (@crypto_birb) November 25, 2021
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Institutional moves working well for them.
https://www.twitter.com/naiiveclub/status/1463048798318432256__
The wisdom of degens.
“almost no one saw inflation coming”
— Neeraj K Agrawal (@NeerajKA) November 22, 2021
meanwhile, the internet all last year: https://t.co/BajJP7NmM0
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What to do at that point, you know…
https://www.twitter.com/1billiondollarz/status/1462719950200741888__
It’s the fees that really get ya.
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What a wholesome crypto creature.
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Plenty of suitable topics.
Not gonna mention crypto.
— Shehan (@TheCryptoCPA) November 25, 2021
I'm gonna say I bought some cartoon land.
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You see, a normal family Thanksgiving dinner.
— opyn² (@opyn_) November 25, 2021
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Hey, look! A printed puppy!
Beta testing NFTs. Circa 1998. pic.twitter.com/ZSv87F1EtI
— Dermot McGrath (@dermotmcg) November 25, 2021
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Hey, look! A proof! Where is the stake?
Proof-of-Stake pic.twitter.com/EW4PjhkQSw
— ₿ryan.scam | BIP119 BIP176 (@itme_brain) November 25, 2021
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Repackaging.
How do you like your metaverse? pic.twitter.com/Wrl6IAhYRQ
— Alex Krüger (@krugermacro) November 25, 2021
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Yes.
Crypto https://t.co/JNFhzAEDGf
— Neeraj Thakur (@NeerajT4) November 25, 2021
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And, of course, a crypto weekend film.
#Bitcoin is one of a kind. pic.twitter.com/CrWMpnNei3
— James Viggiano 🍊 (@jamesviggy) November 23, 2021