The judgement day?👨⚖️👩⚖️
Fed to stand up to shape up things with its latest policy. Where will crypto go? Tim Draper sings a Bitcoin song. Is Coinbase a proxy for Bitcoin? HeadlineDAO wants to sponsor crypto journalism.
Hello y'all. This is The Token Dispatch. All is well. Why not, if you say so👇
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Today is a big day. Mr Powell and Co. have a tough day at the office. This could also be the deciding day for the tide … wherever it chooses to go.
The President's 2023 Economic report is out #MustRead
It's hot and spicy stuff if you from the crypto verse. Seat belts on. Excerpts 👇
Blockchain technology has fuelled the rise of financially innovative digital assets that have proven to be highly volatile and subject to fraud.
Claim that digital assets are a revolutionary innovation, the design of these assets … detrimental to consumers and investors.
Crypto assets don't offer investments with any fundamental value, or effective alternative to fiat money, improve financial inclusion, or make payments more efficient.
Instead, their innovation has been mostly about creating artificial scarcity in order to support crypto assets’ prices.
Don't write this off. There is a lot of merit in some of the stuff said.
It's not all not-listening-to-what-you-telling. There is self introspection and cleansing that crypto world needs. Like everyone else.
Today's event will define the crypto charts … street has a word of caution.
Food for thought👇
Bitcoin and the liquidity: It's complex. Liquidity is tight. Noelle Acheson
Inflation hedge or is risk back on the menu? David Z. Morris
Why not sponsor us, eh?
TTD Blockquote 🔊
Karine Jean-Pierre, White House press secretary
“No, not at all. The president has confidence in Jerome Powell.”
When asked if President Joe Biden thinks that the recent events has put the Fed chief at risk of losing his position 🤐
TTD WTF 🙆
Tim Draper sings a Bitcoin song … 🛑
they have shaken our confidence in the banking system… what a really strong leader would do is build that trust back. trust the banks that now remain and set them free.
everything got wealthier as more liquidity was created for the world – every time there was a leap in currency. we’re going through anthropological change, which is hard for people. a lot of people resist it.
dedicated to all those governments that if they don’t trust their people and set them free, they will also fail, and their currencies will also fail.
O Tim, Why Tim …. how did we get here? 🙅
TTD Mark to Market 📈
#COIN as a proxy for Bitcoin?
That new gold at about $28K isn't exactly cheap, eh?
Coinbase has been on highway up last couple of weeks. Why not? It's hard to keep them off the news ticker - Coinbase surges on Brazil expansion.
If crypto goes up, so does Cathie's big bet. If Coinbase goes up, Cathie books. ARK 160,887 Coinbase shares for $13.5 Million.
Profits ain't profits till ya book 'em, no?
No stopping Cathie when crypto is swimming through the sea of green.
TTD What we following🚶
Nouns-inspired HeadlineDAO is looking to find a way to sponsor crypto journalism. It wants to reward journalists for producing good content and to fund their projects. Headline does not have a core team of reporters and editors, but relies on NFT token holders to determine which journalists are funded. We love this one … ❤️ Check it out 👉 Headline 🥰
TTD NFT Buzz ⏰
Nexon + Polygon to launch NFT Game based on its popular pixelated 2D role-playing franchise, called MapleStory Universe.
Luxury fashion house Balmain to drop 130 limited edition Unicorn sneakers that come with identical NFT kicks designed by Space Runners.
IRS could classify NFTs as collectibles, similar to art and gems, and impact IRAs and capital gains taxes.
TTD Surfer 🏄
Irina Dilkinska, OneCoin head of compliance, faces up to 40 years in prison after being extradited from Bulgaria.
With global financial volatility on a high, Australian regulator have asked banks to report exposure to startups and crypto-related business
Bitzlato to allow users to withdraw 50% of Bitcoin. Seized exchange is yet to resolve the issue with the remaining 50% of user funds.
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So long. OKAY? ✋
The Token Dispatch is a daily newsletter that takes you on a 4-5 minute drive through the wild west of the Crypto World. Daily in your email inbox @13:00 GMT. Almost always.
these rate hikes by fed will drive the banking system into the ground
What are the pros and cons of regulating/classifying NFTs as collectibles?