Over the past week, Bitcoin took a strong move in crypto, surpassing USD 19,000, but not before coins below USD 1 had their own rally as the best performers in the top 100. When we spoke of BTC climbing, we wondered what exactly Bitcoin is all the time high. Then BTC fell below $ 17,000 and altcoins went bloody – so the usual. When ETH recovered, the deposit contract for ETH 2.0 reached almost 60% of the ETH stake needed to start phase 0, with whales and smaller stakers sending the required ether to the contract just before the deadline. And as this all happened, BTC fees fell and ETH fees rose. Meanwhile, Ripple posted a job advertisement showing that the company is increasingly focusing on CBDC-related initiatives on XRPL. Interest in ‘XRP’ reached its highest level in two years, while the price doubled in a week, and SBI VC Trade announced plans to allow XRP holders to loan their tokens back to the exchange. Also, the limited scale could be introduced in January.
Coinbase Pro has decided to deactivate its margin trading product and Coinbase CEO warned of a rushed self-custody wallet rule in the US. The OECD said it was working on a crypto tax reporting standard for 2021, and when the Lithuanian tax official sold millions of dollars in crypto, the US Department of Justice may have “missed” $ 500,000 in forked crypto in a bitcoin bust. In South Korea, MPs urged Seoul to postpone a crypto tax reporting law, and a large commercial bank is setting up a digital asset management company with leading blockchain players. Additionally, Pendal Group believes government bonds could become a “dead asset class” while investors are pushed towards BTC as MicroStrategy stock accelerated with the announcement of a new strategy focused on Bitcoin and Argentine hotels prepare for it To accept crypto payments. As Oxford and Cambridge prepare for a crypto off, a letter from Queen Elizabeth II’s office put the crypto community in a collapse of speculation over the Bitcoin interest of the British ruler, and the son of John Lennon and Yoko Ono stated his confidence in Crypto’s ability to change the world for the better.
And now your special weekly crypto treat. Enjoy!
How is everyone feeling this rally week with a small correction?
– Bitcoin Meme Hub @ (@BitcoinMemeHub) November 25, 2020
Where are our Hodlers waiting for this ATH ?! Raise your hands!
– ₿itcoin⚡️₿addie (@_bitcoinbaddie) November 24, 2020
And how are our bears? Must feel a little better in the second half of the week.
– yellow Loomdartnopoulos (@ICOffender) 19th November 2020
Nicely done. Such a strategy!
While we wait a little longer for this ATH, let’s look back at what certain people have said and together prepare to say, “I told you.”
while we wait pic.twitter.com/vHEyZpFZDR
– Crypto₿ull (@CryptoBull) November 24, 2020
And then there was a correction, and rarely was anyone disturbed. In honor of this, there is a Dipku.
You longed for the bath
That was the tip
– Stardust (@inversebrah) November 26, 2020
Cryptoverse knows: no time to worry, time to choose your outfit.
Dear @elonmuskI am writing to you today in the hope that you will send me a SpaceX suit.
My suit served me well, but I’m afraid when #bitcoin really go to the moon, it won’t be enough.
I am eagerly awaiting your answer.
– small bubble 📉 (@TheCryptoBubble) November 25, 2020
Because what comes after the bath …
No sir, you were wrong. You unlocked it a few hours earlier.
Look who was right. https://t.co/8EmqQq4PVh
– Jimmy Ragosa (@JimmyRagosa) November 24, 2020
Higher prices, lower fees, ETH 2 … the elixir of life.
– DREAD_GAME_AD_INFINITUM (@dread_game) November 25, 2020
ETH developers have to take this factor into account.
“Mom, you can’t reset the modem. I’m an Ethereum validator, now this is serious.”
– Ryan Sean Adams –rsa.eth 🏴 (@RyanSAdams) November 26, 2020
The passage of bitcoin.
And who else will you trust if not very dead people? It’s science.
– Rabbinstein.SOV 🌮⚡️🔑🖕FIAT (@IwanRabbinstein) November 25, 2020
You must refuse this particular service for whatever reason from now on.
Things you may not be able to do anymore on Coinbase are like pic.twitter.com/TeKZNs3iJg
– Matthew Graham (@mattysino) November 26, 2020
Comment from the ETH warehouse on Coinbase re: an event that has not yet taken place. Crypto is the future!
The New York Times plans to publish a negative story about EthHub in the next few days. The article claims that Anthony and I have overburdened ETH and in return Congress could ban DeFi.
Given that your friends and family can read, I wanted to give you a heads up.
– Eric Conner (@econoar) November 26, 2020
Kidding guys. Remember jokes.
Many people live in a world where Bill Gates is trying to microchip them using a counterfeit vaccine.
The ripple can be higher.
– Jebus (@ jebus911) November 25, 2020
And off we go with Load & Dump.
Crypto traders preparing to load shitcoins to toss on the incoming wave of fast-getting rich schemers pic.twitter.com/ZZkqQhcCrY
– Jameson Lopp (@lopp) November 24, 2020
“No, really! True story. We said we’d normalize it!”
“And then we told them that we would get our balance sheets back to normal.” pic.twitter.com/OFrVfJKRqx
– Sven Henrich (@NorthmanTrader) 23rd November 2020
Mr. Bitcoin, bring me some money!
And finally your exciting BTC film for the weekend.