Even if you couldn’t care less about NFTs, you should be thrilled reading that Reddit has onboarded 3 million new people into crypto.
The story begins like all good stories do: with an espionage plot.
On some level, we shouldn’t be surprised this is coming from SBF. This is the same man who said he didn’t care about the crypto ethos, just the money.
In his reveal thread, Eisenberg claims that the drainage of Mango was not an illegal exploit but a fully legal “highly profitable trading strategy.”
As investors, it’s important to assess reality, rather than hype, when looking at new opportunities.
Although it was an excellent week for Coinbase and FTX, three other crypto exchanges were not as lucky.
Guessing what bitcoin will do from here, beyond reacting to interest rates, is anyone’s guess. We don’t know. No one does. And that’s the point.
It’s ridiculous that we need to say this, but Kim Kardashian taking a payday to promote crypto does not mean that the entirety of crypto is a scam.