This week in the Cryptoverse, BTC mining difficulty made the highest jump in two years, the sender of USD 5.28 million Ethereum (ETH) transactions was revealed, and stablecoin volume became 5x ETH volume on Ethereum. Hackers stole a bitcoin with a “brute force” attack, while Bancor discovered a vulerability and hacked itself. The number of BTC whales was rising, but their wealth ‘declined’, the competition between BTC mining ASIC manufacturers is heating up, and Vitalik Buterin criticized the S2F model again. Compound’s COMP became the most valuable token in DeFi, but there’s a ‘but’, Revolut made major crypto changes, and Ledger confirmed its crypto selling feature is coming soon. Furthermore, Reddit asked ETH community for a scaling solution, Tencent registered a series of new blockchain patents, and Binance China’s influence is “growing” in the Middle Kingdom.
Meanwhile, as British money printer went BRRR, Trump allegedly told Treasury Secretary to crack down on BTC, and South Korean crypto tax legislation is set for a July rollout. Banks in Spain are reportedly closing accounts of cryptocurrency traders as the Spanish parliament is set to vote on a new crypto exchange regulation law. Furthermore, Japan’s Nomura launched digital token-related business activities, and some of Japan’s most prominent crypto industry players and legal experts spent their weekend debating crypto-related lexicon. Lastly, Bitcoin defenders debunked six arguments against BTC, and analysts say BTC price is linked to big US tech stocks, as well as ‘largely uncorrelated’ & ‘not uncorrelated’ with S&P 500.
Enough news. On to the jokes!
Let’s see how’s Bitcoin been doing. I see… carry on.
— Crypto₿ull (@CryptoBull) June 9, 2020
And good morning to you too, alts!
Alts waking up after a 99% declinepic.twitter.com/N2jOTZUUwZ
— Charles (@CryptoCharles__) June 18, 2020
“Listen here, young Padawan.”
Look, it’s called ‘organized mess’. It just needs to be functional.
— ₿ Pentoshi (@Pentosh1) April 23, 2020
Taking responsibility and being responsible…
I recently lost 96 #BTC by fat fingering an address.
I want to apologize to my wife, her boyfriend, and the divorce attorney.#Bitcoin
— 𝓢𝓽𝓻𝓲𝓬𝓽𝓵𝔂 𝓑𝓾𝓼𝓲𝓷𝓮𝓼𝓼 (@StrictlyBidnazz) June 14, 2020
It was both good fortune and love at first sight.
— Panama (@Panama_TJ) June 16, 2020
Bonds! Get your bonds!
Goldman Sachs: “We believe that a security whose appreciation is primarily dependent on whether someone else is willing to pay a higher price for it is not a suitable investment for our clients.”
Fed: “We’ll pay a higher price for bonds”
GS: “Bonds for sale, get your bonds!” https://t.co/LPUQIsvyRX
— Jeff Dorman, CFA (@jdorman81) June 15, 2020
You see. There’s plenty of money for them bonds.
Exclusive video of the Fed trying to stop the printing machine from going BRRRRR… pic.twitter.com/QaYvn0xq0G
— Pomp 🌪 (@APompliano) June 16, 2020
A prime example of cryptotragicomedy.
— Token Milk🏴☠️ (@TokenMilk) June 15, 2020
It’s art, really.
Bitcoin dodging fud over the last 10 years.
— BlockWorks Group (@BlockWorksGroup) June 15, 2020
Yeah, you see. We’re missing WHA 2039gbe01 rectangle right here.
devs referring back to the roadmap pic.twitter.com/xAtUNphePx
— The Crypto Dog📈 (@TheCryptoDog) June 16, 2020
One anxiety coming right up!
— The Cryptic Poet (@1CrypticPoet) June 12, 2020
One simple goal.
Speaking of that goal.
This is how it feels every time I buy Bitcoin pic.twitter.com/EMEB5Jttb9
— ₿itcoin Magazine (@BitcoinMagazine) June 16, 2020
And for the end, your weekend movie.
— CryptoChimp (@Cryptanzee) June 12, 2020