Today in crypto news: Bitcoin quickly neared USD 10 K with altcoins acquiring bullish momentum too, while BTC was still leaving exchanges quickly, and Bitcoin-Ethereum bridge, tBTC, was put to sleep 2 days post- launch. As the risk of inflation looms, financiers rely on gold, and perhaps BTC, BitPay reported processing 10% more volume, BitMEX trading engine failed, and BlockFi suffered an information breach. Facebook’s Libra rival Celo says its mainnet went live, while Visa confessed that it’s open to the concept of going back to the Libraproject Trezor team is making a totally transparent BTC wallet chip, and Blockchain.com intends to reach 1 billion wallets by2030 Bitcoin Pizza Day was on Friday – check out how BTC changed in 10 years.
With more stringent guidelines on exchanges, darknet relied on BTC mixers. A judgment in Japan recommends exchanges do not lawfully have to move hard fork-generated cryptoassets, a new Russian law might hit prohibited crypto traders with 7-year jail terms, China’s digital yuan will likely be interoperable with WeChat Pay and AliPay, Binance is returning to China via the ‘blockchain, not crypto’ door, the Brazillian financial guard dog resumes the probe into banks that cut off crypto exchanges, and South Korean main bank stepped up its CBDC work in reaction to the pandemic. We checked out customised tokens, 5 historical post-halving BTC price forecasts, 4 examples of powers making a case for BTC, and BTC vs. modern-day financial theory. Vitalik and Justin feuded over Steem, JK Rowling kept stirring the Cryptoverse pot, and attorneys declare Craig Wright has the secrets to encrypted BTC 820,200 file.
With news part done, jokes part begins. Enjoy!
Hey, CT? What valuable conversations have you been leading today?
Forecasting my feed today:
Bulls: This is just a small retracement, that was your LAST chance (142 nd time in fact) to buy below 10 k. Bears should be eliminated for the strong to make it through.
Bears: haha, get rekt idiots, see you all at 3k! $BTC is a ponzi and you should have hardship!
— Devchart (@devchart) May 18,2020
Status: from r/Bitcoin.
BTC holders seeing like … picture.twitter com/72 rffLqdhN
— Jamie xrP (@DeoxyRib) May 19,2020
“Not in the long-run,” the physician responded in a style of a white-bearded sage. “There’s no hodling life.” And the patient was puzzled.
Physician, please! I need to know … am I going to make it ?! from r/Bitcoin.
CT’s on it! They’ll describe things!
Describe this to J.K. Rowling https://t.co/B6dZ27PFJi
— Federico Tenga (@FedericoTenga) May 17,2020
Here’s a description.
Crypto twitter attempting to describe bitcoin to @jk_rowlingpic.twitter com/yHde3Fr8tG
— Hailey Lennon (@HaileyLennonBTC) May 22,2020
And here’s the result.
The Kid Who Lived from r/CryptoCurrency.
This is how all of it starts.
I can’t help it from r/CryptoCurrency.
And this is what takes place in roughly a week considering that all of it starts.
Source: kryptostarts/ Instagram.
Organizations waiting for a sign to get in crypto.
Source: cryptopro88/ Instagram.
So, you put this round, ball- y thingy on a finger first?
When shitcoiners attempt to teach sound money concepts to a bitcoiner,
#Bitcoin #BTC picture.twitter com/ZcKPTKSP03
— Bitcoin meme videos! (@Bitcoin_vids) Might 7,2020
The confusion: “My thoughts after I read some posts on r/Bitcoin.”
This truly scares the living shitcoin out of me.
Yeah boy lets do it! picture.twitter com/S8v4uUmr8n
— Panama (@Panama_TJ) April 30,2020
Describing BTC to your grandparents. They didn’t comprehend a word you stated, however are happy of you anyways.
When I attempt to describe Bitcoin to them,
My grandma and grandfather. picture.twitter com/RyjYmc9yTj
— Brady (@Bmgentile) May 4,2020
Finding someone you do not need to describe BTC to.
Source: crypto1method/ Instagram.
“Please, move along, you’re disturbing our customers.”
Source: cryptoworld.info/ Instagram.
4D chess: 1) Use a parody Twitter account to pretend you’re Adam Back; 2) Confess you’re Satoshi Nakamoto.
Invite to crypto, Satoshi! Get a @coinbase account when you’re all set to use that Bitcoin (not just hold it), and enter any of the numerous other cryptos out there!
— Paolo’s renewed sock (@DrHOSP1) May 18,2020
The everlasting search for Satoshi.
How to validate this from r/CryptoCurrency.
Keep in mind that time you destroyed my joke and had no concept, Justin? Who’s chuckling now?
most likely this. picture.twitter com/WIrrGAJQX7
— wolfofethereum.eth (@LUKACACIC) May 16,2020