Welcome to your crypto-week summary. Let’s see what happened. While financial professionals say BTC will outperform S&P 500, a Manhattan condo was paid for with BTC and Buterin said that Bitcoiners may change their minds on PoS. Bakkt opened its Bakkt Warehouse to all institutions, Justin Sun confirmed that he invested in Poloniex and TRX went up, and Brave 1.0 came out and BAT went up too, but BCH went down, and Kraken CEO says altcoin hype has largely died off. Meanwhile, a trader that’s transparent on BitMEX handles USD 1 billion daily.
On the regulation and business side of news, IRS somewhat clarified its cryptocurrency tax guidelines, Vietnam unveils its blockchain plans and have started working with South Korean companies towards their goals, blockchain gaming may be doomed in South Korea, and South Korean court jailed nine executives of Coinup for fraud. Furthermore, China’s DCEP is not created for total surveillance according to an official, and two Chinese crypto & blockchain heavyweights are targeting the American capital market. In the meantime, Line-Yahoo Japan merger will shake up the crypto scene, Google joined banking race while stressing BTC’s importance, Singapore and JPMorgan created a blockchain-powered prototype for foreign exchange payments, and the Royal Bank of Canada might open a cryptocurrency exchange.
And here is your weekly dose of crypto jokes.
First, choose your character.
Bye, 9K! See you soon.
— TEDDY ⛓️📉 (@teddycleps) November 11, 2019
And you know something’s bound to happen.
— Moonhub (@houstonwecool) November 13, 2019
Bitcoin playing with alts always.
Bitcoin playing games with alts today. pic.twitter.com/qqjXOIMSMD
— Panama ₿ (@Panama_TJ) November 10, 2019
The truest of truths.
Show this to your newbie friend as a beginner’s guide.
— CryptoChimp (@Cryptanzee) November 14, 2019
Heey, look at that! Might get cheaper still.
New macbook pro is damn cheap. 2015 model cost me 5BTC, 2019 model only 0.26BTC.
— RideTheLightning⚡️ (@MediumSqueeze) November 13, 2019
Legend tells of a legendary hodler…
“Hahaah, they said…they said…ahahaha!!”
— ₿lackbeard (@crypto_blkbeard) November 12, 2019
And what do you do all day?
This is another method of spending time in the Cryptoverse on a good weekend.
Looking at my altcoins this weekend is like…. from r/cryptocurrencymemes
*buys Bitcoin at triple digits*
*tells others to buy it at five digits* pic.twitter.com/7u8ExPnH7t
— YORK780 (@YORK780) November 11, 2019
The moment’s most popular meme has infiltrated crypto.
— CryptoLuis (@Cryptonetwealth) November 13, 2019
And then things turn bizarre.
When CT is getting bullish on alts and unleash their charts pic.twitter.com/hU9DPspkgL
— Coinpocαlypse 🤖 (@coinpocalypse) November 10, 2019
Tell me more about this ‘beat coin’.
What if I told you about #Bitcoin on a first date?
Would you come to the second? 🤔
— Emily I♡mycryptolife (@Crypto_Emi) November 12, 2019
‘No, no, no, no.’
— $trong (@StrongWriters) November 10, 2019
And your Bitcoin Slang song for the weekend.
Sead Fadilpašić , 2019-11-16 11:00:00 ,