Home Business Partial Blame, Promised Revocation, Presidential Attacks and 20 Crypto Jokes

Partial Blame, Promised Revocation, Presidential Attacks and 20 Crypto Jokes

This week in the world of crypto, analysts said USD and Coinbase might be partially blamed for the Monday BTC crash, EOS prices were in a tailspin after Daniel Larimer stepped down from his role as Block.One CTO, and XRP dropped following several mixed news. Meanwhile, lawyers planed to file motion with the Cyprus regulator to revoke eToro’s licence, and eToro said it may limit buy orders this weekend. Also, Bakkt plans to have nearly 20m users by next year and said their post-merger enterprise value might reach USD 2.1bn, believing the cryptocurrency market will grow to the USD 3tn mark by 2025, while Ruffer revealed why they invested GBP 550m in the ‘nonsensical’ ‘beast’ bitcoin, as American financial advisors are growing increasingly crypto-keen.

In the meantime, the ECB President attacked BTC again, as Europeans warn the ECB not to mess with privacy in the digital euro. A new Russian banking regulations will allow financial institutions to freeze or block the crypto-related bank accounts, regulators gave a green light for Hong Kong’s first Bitcoin ETF, South Korean commercial banks are now racing with each other to launch cryptoassets custody products, more details on the Chinese digital yuan ‘hard wallet’ emerged, and Mexico may be forced to issue digital peso. Meanwhile, Coinbase apologized to its Europe-based customers promising changes, and Ledger promised funds insurance as they confirmed that Shopify hackers obtained users information. And all this may be insignificant to an American computer programmer who has just two more password attempts to access USD 241m worth of BTC.

And now, as promised in the title, the jokes.
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Hey, Crypto Twitter, all good? What are we thinking about this week?

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The week started with a drop.

Me seeing Bitcoin going down from r/Bitcoin

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And it was a looong fight for survival.

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Don’t get used to ATHs, lest your life turn meaningless.

Source: btcclicks / Instagram

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But we’re going up again. Not late to board, there’s the next stop.

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Though, you know, buying the dip is always better.

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Feeling goood!

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Source: entreprenewer / Instagram

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Finally came the time for the 2017 top buyers to laugh manically – the new generation is here.

My feelings seeing this drop as a 2017 Hodler from r/Bitcoin

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All my 2021 top buyers out there, le’me hear youuu!

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A brilliant strategy! Wait till it drops a bit again, sell quickly before it drops further, rebuy at around 60K or so.

Really scared of dip should I sell now and rebuy at 50k? from r/Bitcoin

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And to match an excellent strategy, here’s a suitable course.

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Speaking of strategies, here’s one where no work is necessary. Just the opposite. Do nothing.

Live look at whales accumulating cheap Bitcoin — HODL! from r/Bitcoin

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Say no to sales.

Sell your Bitcoin, take some profits… from r/Bitcoin

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Gobble, gobble, gobble…

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And they’ll think it’s a myth.

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‘Heeere’s bitcoin!’

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Source: everything_crypto / Instagram

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Have no idea what’s happening here but it’s fascinating! Does this thing have a governance token?

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It’s a fist that keeps on hitting.

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Source: cryptomemesfomo / Instagram

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‘Now that we’ve all gathered here…’

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Source: cryptoconfirm / Instagram

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If you invite it, it’ll come.