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Surveillance, Blockchain Importance and 20 Crypto Jokes

Sead Fadilpašić
Last updated: | 1 min read

Welcome to your crypto-week summary. Let’s see what happened. While financial professionals say BTC will outperform S&P 500, a Manhattan condo was paid for with BTC and Buterin said that Bitcoiners may change their minds on PoS. Bakkt opened its Bakkt Warehouse to all institutions, Justin Sun confirmed that he invested in Poloniex and TRX went up, and Brave 1.0 came out and BAT went up too, but BCH went down, and Kraken CEO says altcoin hype has largely died off. Meanwhile, a trader that’s transparent on BitMEX handles USD 1 billion daily.

On the regulation and business side of news, IRS somewhat clarified its cryptocurrency tax guidelines, Vietnam unveils its blockchain plans and have started working with South Korean companies towards their goals, blockchain gaming may be doomed in South Korea, and South Korean court jailed nine executives of Coinup for fraud. Furthermore, China’s DCEP is not created for total surveillance according to an official, and two Chinese crypto & blockchain heavyweights are targeting the American capital market. In the meantime, Line-Yahoo Japan merger will shake up the crypto scene, Google joined banking race while stressing BTC’s importance, Singapore and JPMorgan created a blockchain-powered prototype for foreign exchange payments, and the Royal Bank of Canada might open a cryptocurrency exchange.

And here is your weekly dose of crypto jokes.

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First, choose your character.

Source: btcclicks / Instagram

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Bye, 9K! See you soon.

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And you know something’s bound to happen.

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Bitcoin playing with alts always.

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The truest of truths.

Source: cryptomemes.us / Instagram

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Show this to your newbie friend as a beginner’s guide.

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You first.

Source: cryptoexplorer / Instagram

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Heey, look at that! Might get cheaper still.

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Legend tells of a legendary hodler…

Source: Brekkie von Bitcoin / Facebook

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“Hahaah, they said…they said…ahahaha!!”

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And what do you do all day?

Source: u PM_ME_CRYPTO_OR_TITS / Reddit

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This is another method of spending time in the Cryptoverse on a good weekend.

Looking at my altcoins this weekend is like…. from r/cryptocurrencymemes

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Brilliant!

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The moment’s most popular meme has infiltrated crypto.

Source: u/Bitvalex-exchange / Reddit

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Found some!

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And then things turn bizarre.

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Expert mode.

Source: u/TheMarbleBust / Reddit

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Tell me more about this ‘beat coin’.

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‘No, no, no, no.’

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And your Bitcoin Slang song for the weekend.