This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes.
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This crypto week in the crypto world: the super-majority of bitcoin holders were back in profit, a Glassnode analyst expected the BTC pump to “correct” after the rally to $44,000, crypto execs argued that a bull run could lead to $100,000 BTC in 2024, Bloomberg predicted a crypto supercycle and a BTC price rally to $500,000, and Blockstream CEO Adam Back forecasted $700,000 bitcoin within two years. Meanwhile, an anonymous leaker revealed a GTA VI trailer with a buy-BTC banner.
Then, Bitcoin transaction fees outpaced Ethereum, Ethereum-based tokenization attracted traditional finance giants, and Ethereum’s decentralization was questioned as the block builders censored transactions tied to US sanctions. While Bitcoin ordinals tapped the $1 billion market cap, a developer said ordinals are exploiting a “vulnerability” to spam the Bitcoin network, proposing a fix.
Also, MicroStrategy’s Michael Saylor was in almost $2 billion profit from bitcoin holdings, and he explained why bitcoin would be the ‘apex commodity’.
Not everything was about BTC and ETH, though. Investors believed the US Fed would pause rate hikes, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to crypto, the Korean won surpassed the dollar as the largest fiat trading pair in crypto for the first time, Dogecoin surged 10% in a day as the popular meme coin celebrated its 10th anniversary, and the Solana-based meme coin BONK continued its surge, hitting an all-time high.
As that was happening, Nubank partnered with Circle to extend USDC access to the bank’s Brazilian customers, Amazon Managed Blockchain Access started
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