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In another hectic crypto week, BTC hit $ 40,000, while Elon Musk sent a positive message and Taproot activation was confirmed, and Pantera CEO said bitcoin does not was as cheap as 20% of its history. MicroStrategy has said it does not have a specific target for its BTC holdings, while its CEO gave hope for ethereum and altcoins. The Coinbase CEO has come under heavy criticism for his support for BitClout, while Blockchain.com has said he will start supporting CLOUT trading. Meanwhile, Mark Cuban found himself among the victims of the Iron Finance bank run, with the Cryptoverse shouting “DYOR before shouting regulation.”
And then the G7 summit ended without addressing issues directly related to crypto and CBDCs. The US Fed’s inactivity could send BTC to the moon, but a negative impact is also possible, as they decided to hold rates, adding that inflation “largely reflects transient factors.” Economists want Salvador’s Bitcoin law repealed, but a key ally has vowed to provide technical assistance, and the cabinet has started discussing plans for companies to pay employees in BTC, which have subsequently failed. Soon after, the World Bank said it would not help El Salvador create a BTC-fueled economy, while bitcoiners booed official BTC ambassadors in El Salvador. After Latin America, key people have spoken out in favor of the adoption of bitcoin in Africa, where the regulation and decriminalization of crypto may be underway. South Korean crypto exchanges received a short extension for implementing AML protocols, while major platforms eliminated a wide range of altcoins. In addition, the main financial regulator wants to compile a list of high-risk altcoins, and the new leader of the biggest opposition party has admitted to trading tokens for fun. Meanwhile, the US Congressional Republican National Committee is said to start accepting crypto donations through BitPay, while in Spain, a major financial market regulator is expected to start monitoring advertising campaigns by crypto companies.
BitDAO has raised over $ 230 million in a round of private sale funding to fuel R&D, New Zealand investors are increasingly considering investing in cryptoassets and NFTs, and there are a growing appetite for crypto-assets among institutional investors. As all of this is happening, UK farmers are increasingly using cow dung to fuel ethereum mining and increase their income.
Here are your special crypto jokes. Enjoy!__________
Hey, CT! How are you all ?
Source: Michal van de Poppe / Twitter
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Let’s check with BTC.
Source: boomtimecrypto / Instagram
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It took a while, but on target! No wait! Bear?
I just configured my twttr
– jack (@jack)
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The bear does not discriminate.
Source: cryptoworld.info / Instagram
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Yes, too long.
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As a computer nerd, drug dealer, money launderer, and gamer – can back it up.
@CharlieShrem In fact, I don’t see any changes since 2017. Still only IT people, drug dealers, money launderers https://t.co/xbUPLZNqJ5
– Screams the BAR Jellyfish (@xptrwsk)
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The shark tanked …
Mark Cuban discovers his first $ titan carpet
– oogieCrypto (@BoogieCrypto)
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… or titanized.
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You don’t just get rid of Saylor.
Source: John Irvine / Twitter
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MSTR must catch them all!
#
– Hailey Lennon (@HaileyLennonBTC)
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Meanwhile, in El Salvador.
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This one is a double.
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Heeere comes bitcoin!
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Tell me why is it just a heartache Tell me why is it just a mistake
Why do internet engineers never bother to learn how the postal system actually works? # https://t.co/h4RW9jIzSK
– Jameson Lopp (@lopp)
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S-don’t-dirty-my-hands-with-this-iSh-man.
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Offer a product for everyone.
Coinbase is going out with Coinbase Noob to compliment Coinbase Pro and it’s going to be 500 coins even and they’re all going to be 100x everyday
– loomdart (@loomdart)
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Brilliant!
I just configured my twttr
– jack (@jack)
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In Cryptoverse, the phrase is “to be a black dog in the family”.
Source: thefatbitcoin / Instagram
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Carry on.
@StopAndDecrypt Dude, where’s my bitcoin?
– Vlad “Radio BTCTKVR on Youtube and Twitch” Costea (@TheVladCostea)
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And, of course, your crypto documentary for this week.
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