While we don’t have a strong view on crypto here at Equity Mates, we are fascinated to watch the story unfold. Read on for some of the most interesting Tweets, articles and memes from the past week below.
Prices of Top Cryptocurrencies
Tweets & Charts of the week
Articles & Videos
US Securities and Exchange Commission Chairman Gary Gensler said this week that Bitcoin was the only cryptocurrency he was prepared to label a commodity, rather than a security, in an interview with CNBC.
Sam Bankman-Fried’s FTX crypto exchange is reportedly exploring whether it might be able to acquire trading platform Robinhood. The price of Robinhood’s stock was up almost 10% after the rumours came out. FTX has not commented on the situation and Robinhood said they haven’t received a formal takeover approach.
The Government of Uganda recently announced it is sitting on 31 million metric tonnes of gold ore, which would almost double the current supply of gold in the world. If true, will this make gold more inflationary and will it potentially boost the price of Bitcoin?
Crypto’s richest man, Binance CEO Changpeng Zhao, built the world’s largest digital currency exchange. Now he faces a looming regulatory crackdown in a brutal crypto winter. But Changpeng says he doesn’t care about money and thinks greater regulation will help the industry.
Crypto prices have been recovering in the last few days. The price of Bitcoin moved back above $22,000 USD and Ethereum topped $1,200 USD. But is this just a bull trap or dead cat bounce? These experts think so – predicting that there is more pain to come for the crypto market.
Known best as the host of cryptocurrencies, experts and economists are saying that blockchain technology could be the future of working life. Blockchain is a peer-to-peer security network that allows users to become part of the system. In relation to cryptocurrencies the system validates coin ownership and transactions, as well as works to create new coins.
Video: Former Google CEO Eric Schmidt says that the Web3 vision is correct, but the tech to make it happen needs to get built.
Coinbase stock fell another 10% on Monday after Goldman Sachs cut its rating to ‘sell’. Coinbase is now down 80% so far this year and 85% from its’ all-time high.
The NFT.NYC annual conference took place in New York last week – gathering thousands of Web3, crypto and NFT enthusiasts. This article provides a recap of what went on during the conference and the key takeaways.
Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history.
In Focus: Aave Protocol
This week we’re focusing on Decentralised finance project AAVE. This article provides a summary of the project, their vision and what it actually does!
[Read the article here]
Despite the crypto market downturn, ‘whale’ accounts are stacking up AAVE as one of the most bought crypto projects. This article explains what’s going on.
[Read the article here]
In this week’s episode of Crypto Curious, the guys interview Stani Kulechov, founder of Defi project AAVE. As passionate Defi users themselves, Craig and Blake get Stani to recollect the early days of AAVE including how it was built then discuss how it operates and how it will run in the future. Stani touches on the exciting innovations happening with decentralised social media.
[Listen to the episode here]
Some of our favourite content
This is an excerpt from our Crypto Newsletter email. Once a week, for those investing in crypto or interested in learning more about this corner of the market, we’re featuring some of the most interesting content we’ve come across in this weekly email. No spam, we guarantee.