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Friday is the new Thursday! Apologies for the late article this week, we will be back to our normal schedule on Thursday next week. Some small updates for issue #4, I will no longer be including referral links in the newsletter, I just want to send you the best news every week, no distractions or filler!
Letās get into this weekās quick market update and best news!
Market Weekly Snapshot:
Earlier this week, Bitcoin crashed to prices not seen since earlier this year! I hope everyone was able to scoop up some cheap coin during the mini correction this week. Iāve included a nice bullish chart below. Just another week for scooping up your favorite coin for a discount.
Whales with large holdings of 1k - 10k Bitcoin continue to stack, adding 96,044 BTC to their holdings in the last three weeks!
This weekās best news:
Reddit and Ethereum unite! Reddit rolls with Arbitrum to scale its ethereum-based community points system. The large ecosystem and ease of use was a factor in the decision
JPMorganās retail customers can not tap crypto - just not directly. Clients will be able to purchase crypto derivatives, including Grayscale Bitcoin Trust and Grayscale Etherem Trust
Elon Musk announces that SpaceX has Bitcoin on its balance sheet. Musk also personally owns Bitcoin āæ, Ethereum š·, and Dogecoin š¶
This one hurts to hear about. DC family canāt access their $5.8 million dollar cryptocurrency wallet and is asking for help. The couple purchased 3,000 ETH coins in 2014 during the original Etherem pre-sale!
The crypto start-up gold rush continues! FTX receives a $900 million funding round, the largest in crypto history šµ
You know the saying āthe government does everything better!āā¦ Fed chair Jerome Powell says āYou wouldnāt need cryptocurrencies if you had a digital US currencyā Who else is ready for FedCoin!
Invasion of the Bitcoin ATM. Bitcoin ATMs to invade circle K convenience stores nationwide in the US
The everything company, Amazon, is looking to hire a digital currency lead. BezosCoin to the moon?
NSFW. Watch police crush 1,069 Bitcoin mining rigs with a huge steamroller. $1.25 million worth of mining rigs crushed.
Missed the B-Word conference? You can watch all the recorded sessions here
Have you bought Dink Doink? I hope not. Inside the āWild Westā of cryptocurrencies and social media influencers
Make crypto great again? MAGAcoins were released this week and were quickly scooped up. Those users quickly fell victim to a data breach, exposing; IP addresses, emails, and passwords