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This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
This Week’s Winners and Losers in Crypto
Big week in crypto! Banks going down causing BTC to go up. Alts (sort of) following suit. But who are the biggest winners and losers for the week? Biggest Winner(s): Arbitrum Airdrop Participants Thursday was a big day for those eligible for the coveted Arbitrum airdrop, but there were bumps along the way. The claim site was down from almost moments when it went live, and was nearly inaccessible for hours. However, after the dust settled, the price hovered above what estimates predicted (>$1)...
Post FTX: Bananas In The Bahamas
FTX’s spectacular implosion sent ripples which was felt by all through the cryptoverse, but has also hit the people of the Bahamas, where FTX was headquartered. According to a report in the WSJ, the island nation initially welcomed FTX with it’s lax and favorable crypto laws and eventually the locals became the supporting cast for FTX employees. Catering, security, transportation, event planning, logistics and many more services were required and the locals began taking up these jobs, creatin...
STOCK Act Gets Busted
Nancy Pelosi might not be too keen on the reformation bubbling up in her backyard. On Thursday, a new framework was released to change the policy known as the STOCK Act, aka "Stop Trading on Congressional Knowledge", which puts the onus on congressional and government leaders to disclose stock and asset purchases, in order keep transparency with the public. Historically, there have been quite a few calls on leaders to stop purchasing stocks because of the potential of insider knowledge on upc...
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Texas Senator and Wolverine wannabe Ted Cruz said at Texas Blockchain Summit 2022 that he wants Texas to be a “Bitcoin oasis”, along with other cryptocurrencies. Cruz argued that Bitcoin mining can be used to monetize energy from oil and gas extraction, in addition to it being an energy storage and supply alternative. He also mentioned that he likes Bitcoin “because the government can’t control it”. The lawmaker also admitted to purchasing Bitcoin on a weekly basis, and the coin being the only one in his portfolio.
As much as I am against much of Ted Cruz’ political agenda, this is still a pretty big and positive stance for crypto in Texas. As a Texas resident for over 20 years, I am finally proud to say that Cruz has said something right for once! Seeing as how the Texas Comptroller is very pro-crypto, hoping this “Texas Crypto Oasis” comes to fruition!
Written by: nikethereum.eth / Medium / Mirror
Texas Senator and Wolverine wannabe Ted Cruz said at Texas Blockchain Summit 2022 that he wants Texas to be a “Bitcoin oasis”, along with other cryptocurrencies. Cruz argued that Bitcoin mining can be used to monetize energy from oil and gas extraction, in addition to it being an energy storage and supply alternative. He also mentioned that he likes Bitcoin “because the government can’t control it”. The lawmaker also admitted to purchasing Bitcoin on a weekly basis, and the coin being the only one in his portfolio.
As much as I am against much of Ted Cruz’ political agenda, this is still a pretty big and positive stance for crypto in Texas. As a Texas resident for over 20 years, I am finally proud to say that Cruz has said something right for once! Seeing as how the Texas Comptroller is very pro-crypto, hoping this “Texas Crypto Oasis” comes to fruition!
Written by: nikethereum.eth / Medium / Mirror
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