Crypto

September 20, 2023

BitBoy Wants Donations

If this shit with BitBoy couldn’t get any stranger, it has. 💩

Last night, Ben Armstrong (the crypto influencer formerly known as BitBoy) posted this plea:

 

After crying out for financial aid, Armstrong’s plea was met with… let’s say, a mix of pity and pure amusement.

Even Nansen’s X account derided Armstrong:

He’s shared addresses for $ETH, $BTC, and $ADA for his fans to donate to his legal fund. 🤦‍♂️

How much has he raked in so far?

Almost $60k in ETH and almost $400 in BTC. The Cardano address he listed must have had a typo because it doesn’t exist. 

The drama of BitBoy’s fall from grace will likely keep developing. 📰

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November 29, 2023

Noah Perlman: That’s A Lot Of Controversy

Noah Perlman, the chief compliance officer at Binance, has a past involving not only major crypto scandals but also some of the world’s most sensational controversies. 🌎

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December 11, 2023

IRS Creeping On Crypto

The IRS is shifting gears, moving from its usual beat of chasing money launderers to playing cat-and-mouse with crypto tax evaders. 🐭

According to their latest report, tax evasion is now the star of their crypto crime show. Over half of their probes last year had ‘tax evasion’ written all over them.

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December 4, 2023

BTC And ETH Get A Brazilian Banking Buddy: Itau Unibanco

Brazil’s largest lender, Itau Unibanco, has rolled out a cryptocurrency trading service, initially spotlighting $BTC and $ETH. This move marks the bank’s grand entrance into the bustling world of digital assets. 🏦

Guto Antunes, the mastermind behind Itau’s digital assets, shared with Reuters that this is just the beginning. “Bitcoin first, but we’ve got our eyes on a broader crypto horizon,” he hinted. 

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November 29, 2023

Technically Speaking – November 29, 2023

Congestion and consolidation all around – that’s the name of the game. 🎰

Unfortunately, things can’t always go Moon and Lambo; sometimes they pull back, and sometimes they park and bark. 

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December 8, 2023

Shock: Grumpy Boomer Banker And Politician Don’t Like Crypto

In the latest episode of Boomers Bash Bitcoin, Jamie Dimon, JPMorgan’s CEO, continued his disdain for crypto. 🤡

During a Senate Banking Committee hearing on Wednesday, Dimon’s anti-crypto campaign reached a crescendo, where he suggested banning cryptocurrencies due to their use in criminal activities. It’s a bold stance, especially considering the U.S. Dollar’s long-standing reign as the preferred currency for illicit activities.

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Technically Speaking – December 1, 2023

We’re looking at the beginning of another breakout higher or a very ugly, nasty fakeout. 🤷‍♂️

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Last Week Was Cardano’s Week

$ADA‘s been on a bit of a joyride lately. A whopping 120% climb since October 20. And with December still unfolding, ADA reached new 2023 highs, while the Cardano DeFi ecosystem is blooming like a rare desert flower after a rainstorm. 🪷

Cardano’s TVL rocketed past $370 million this past Friday. That’s a mind-blowing 520% growth since the year kicked off. What’s fueling this meteoric rise? A cocktail of increased DEX activities, more network developments, and a rising tide of investor confidence in Cardano’s DeFi scene. 

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