EddieJayonCrypto

 9 Jan 23

tl;dr

• As the World Swirls is the name I am giving to Barry Silbert and the DCG/Genesis hot mess• Institutional investors seem to be shining bright on XRP• I am also seeing Polygon jump up a bit on that partnership with Mastercard to create a incubator for artists• CryptoCom went a step too far with thei...

• As the World Swirls is the name I am giving to Barry Silbert and the DCG/Genesis hot mess
• Institutional investors seem to be shining bright on XRP
• I am also seeing Polygon jump up a bit on that partnership with Mastercard to create a incubator for artists
• CryptoCom went a step too far with their advertising in the UK

Sometimes you can see what is going to have an effect near term and long term. Here is what is on my mind today.

1. As the World Swirls is the name I am giving to Barry Silbert and the DCG/Genesis hot mess. DCG has yet to find a way to bailout investors and he has gone a tad radio silent. I think more people are going to start talking about it and that is when we are going to find out just how reaching this could be. DCG has their fingers in a lot of pies.

2. Institutional investors seem to be shining bright on XRP. It seems to be stemming from case progress. I also think as soon as the case is over we are going to see a lot more action regardless of whether they win or lose.

3. Mastercard teams with Polygon to launch Web3 incubator for music artists. The fund should open in Spring of this year. Coming from the music industry when I was younger, this is really cool. DJs producers, musicians, etc. will be able to not on mint NFTs, but learn how to use NFTs in innovative ways to support their art.

4. CryptoCom has taken advertising too far in the UK and they are in hot water with the UK watchdog for it. One would think the high flying days of past would be gone, but it looks like they didn't get the message. Going forward, I will be watching far more closely at compliance issues for CEXs. It is going to be a big deal in the future. Mind you, I think CEXs not paying attention can find themselves being bought out for less than they think in the future. Decentralization is a bigger thing than most think.

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