Securities, Liquidations, and 20 Volatile Crypto Jokes

This week had a significant milestone for Bitcoin (BTC) adoption – the first nation-state was officially onboarded onto the Bitcoin standard and began keeping BTC as a treasury reserve asset – yet Bitcoin still has a mountain to climb. At the same time, crypto markets experienced a significant correction that resulted in over USD 2.7bn in liquidations in one hour. However, Bitcoin’s fundamentals remain strong despite the recent move down, said the analysts, while countries like Ukraine continue to advance towards crypto legalization.

Meanwhile, Cardano (ADA) lost some of its momentum due to issues with the much-anticipated launch of smart contract functionality and then lost even more momentum when the launch came even closer. Despite that, it was a great week for solana (SOL) which doubled last week, while ethereum (ETH) reportedly decoupled from BTC. Also, Standard Chartered revealed its USD 26,000 – USD 35,000 price prediction for ETH, while also stating that BTC might rise to USD 175,000 in the long run.

Finally, Coinbase revealed spicy details from its skirmish with the US Securities and Exchange Commission, and even briefly “relisted” XRP. Mastercard doubled-down on its crypto strategy with CipherTrace acquisition, while Robinhood introduced new crypto features. And while the regulatory issues are still plaguing crypto exchanges in South Korea, Australian banks refuse to plead guilty to “bullying” allegations by local crypto firms.

This is how volatile this crypto week has been – just as volatile as these mood-swinging crypto jokes. 

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Haha (laughs nervously).

<oembed url="https://twitter.com/nebraskangooner/status/1436329405735919631?ref_src=twsrc%5Etfw[/embed]

Discover the new you.

<oembed url="https://twitter.com/evabeylin/status/1434734942106226695?ref_src=twsrc%5Etfw[/embed]

What would we do without them?

<oembed url="https://twitter.com/CryptoCobain/status/1435064677793415172?ref_src=twsrc%5Etfw[/embed]

Where’s the beef?

<oembed url="https://twitter.com/LordTylerWard/status/1434993286922571778?ref_src=twsrc%5Etfw[/embed]

“From each according to his ability, to each according to his needs.”

<oembed url="https://twitter.com/y4p3in/status/1434977340195545091?ref_src=twsrc%5Etfw[/embed]

Nooooooo

<oembed url="https://twitter.com/AltcoinDailyio/status/1437244547050790917[/embed]

Crypto is simple. I suppose.

<oembed url="https://youtu.be/_f7J7qYtuzE[/embed]

How to fight regulators 101.

<oembed url="https://twitter.com/udiWertheimer/status/1435451299923783682[/embed]

This is fine.

<oembed url="https://twitter.com/Pollo2x/status/1358941262426984449[/embed]

This time it will be USD 1m for sure.

Sounds like a promising ICO. I’m in.

<oembed url="https://twitter.com/_jdkanani/status/1435633725098774535[/embed]

There will never be enough.

<oembed url="https://twitter.com/DanDarkPill/status/1435809186483347457[/embed]

YOLO.

<oembed url="https://twitter.com/abrkn/status/1435803759410499596[/embed]

Obviously a security.

<oembed url="https://twitter.com/cmsholdings/status/1435802552218554372[/embed]

Ultrasound platforms.

<oembed url="https://twitter.com/cmsintern/status/1435791850300968964[/embed]

Reject society, return to monke.

<oembed url="https://twitter.com/dermotmcg/status/1435835991076614145[/embed]

Unbank the banked.

<oembed url="https://twitter.com/MatiasTrader/status/1433264980774772736[/embed]

It was all about ether rocks all along.

<oembed url="https://twitter.com/NorthmanTrader/status/1433016102687215623[/embed]

99% of traders don’t want you to know this secret.

<oembed url="https://twitter.com/AkadoSang/status/1432998512476790784[/embed]

Solid.

<oembed url="https://twitter.com/Cokedupoptions/status/1432906767009292288[/embed]

Have a good weekend everyone!