Much Red, Very Down, Super Panic and 20 Crypto Jokes

What every week! Even extra so than weeks prior. As the Cryptoverse was exhausting at work debunking Elon Musk’s BTC criticism, with many accusing him of market manipulation, markets turned super-red in a flash crash, for which insiders gave a number of causes, and BTC almost examined USD 30K. And whereas many stay bullish, others warn that uneven waters might be forward for just a few weeks as new entrants are panic-selling. Tether and another stablecoins took a short plunge under USD 0.9, whereas skeptics stay unconvinced by Tether’s revealed numbers. Meanwhile, Polygon flipped ethereum in each day transactions, whereas an 18-month-long risk for Ethereum was revealed following a launched repair, and although Vitalik Buterin burned almost all SHIB he had, retaining some for charity, he is not going to get a tax write-off on his SHIB donation to India’s Crypto COVID Relief Fund. Meanwhile, BlockFi appears to have made a clerical error that ended up in funds of over BTC 700, whereas two extra BSC-based tasks reported incidents.

In the world of rules: no, China did not ban bitcoin once more, and India could also be set to scrap discuss of a ban and go for regulating crypto. In South Korea, the federal government continued to cut back the anti-crypto rhetoric, and the crypto coverage has been positioned on the prime of the federal government’s agenda. In China, the police launched a marketing campaign meant to assist wipe out crypto scams, and web café house owners are turning their companies into crypto mining facilities due to social distancing measures. In America, Paxos, Protego, and Anchorage have confronted ‘regulatory volatility’. In the meantime, SoftBank has had an lively crypto May to date, Block.one will improve Voice from a fungible to an NFT-based social platform, Status is planning to allow crypto-to-crypto funds on its Keycard, whereas creating a software for crypto-native communities, and prime ten chess gamers will compete for USD 100K price of BTC.

And now, give it up in your fastidiously chosen and democratically elected jokes.
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Hiiii, Crypto Twitter! Here’s what induced the dip that crashed.

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Or perhaps simply this.

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And yesterday, and in the present day, and tomorrow.

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Christie’s? Sotheby’s? Justin? Anyone?

(*20*)

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The hedge of last resort.

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One side of Crypto Twitter this week.

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The other side of Crypto Twitter this week.

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Let’s flip the flippening!

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Idea – counter idea.

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But he appears to be having some difficulty there.

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He is said to be a genius after all.

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Provided without comment.

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What to do during a market carnage?

Source: bitcoinshowtime / Instagram

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Why are we crying?

Much Red, Very Down, Super Panic and 20 Crypto Jokes 102
Source: Twitter/@LomahCrypto

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A tweet about The tweet.

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But it’s not as easy as it sounds – like, which dip?

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Very important.

(*20*)

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And let’s have a look at the right way to deal with this case from a journalist’s perspective.

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Until hashrate do us aside.

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And after all, here is your weekend crypto film, you deserved it.

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About the Author: Daniel