​​Dipping Bitcoin, Bitcoining Tesla, Angering BitClout + 20 Cr | Gimme The Coin

​​Dipping Bitcoin, Bitcoining Tesla, Angering BitClout + 20 Crypto Jokes

This was a big week in crypto. Tesla now accepts bitcoin payments and doesn’t plan to convert it to fiat, but BTC was tanking despite many bullish news as a massive amount of options was about to expire. Then, another analyst said that EIP-1559 will not end users headache caused by Ethereum high fees, an unconfirmed report from a Ripple-SEC court hearing may have sparked an XRP rally, and as financial sector players called for improved KYC regulations, South Korean deputy prime minister called the crypto market “overheated”. Meanwhile, Coinbase announced ‘business presence’ in India, sales and income figures are rising through the roof at South Korea’s largest exchanges, Mitsubishi and banking & telecom giants invested USD 62m in DeCurret, Morgan Stanley dismissed reports regarding an M&A deal for Bithumb, and the owner of Greenidge Generation aims to go public.

And on we went. Many high-profile players were growing increasingly angry with the new project called BitClout, and soon Anderson Kill sent a cease-and-desist letter to its creator. As Vitalik Buterin and Brian Armstrong weighed in on NFTs, Justin Sun finally managed to win a bid for a Beeple artwork, Sophia the Robot entered the NFT game, and the NFT craze spread into the worlds of mainstream comedy, Cubist art, and literature. As DeFi and CeFi are heading towards convergence, DeFi sandwich traders got ‘salmonella’.

And now, enjoy the best jokes of the week.