EddieJayonCrypto
21 Dec 22
There is so much more going on than what you see on the surface. Here is what is on my mind today.1. Google made a major move toward its Web3 strategy by hiring a former BlockFi executive to head Web3 delivery for Google Cloud. This is actually big news since Rishi Ramchandani is no lightweight. 2. ...
There is so much more going on than what you see on the surface. Here is what is on my mind today.1. Google made a major move toward its Web3 strategy by hiring a former BlockFi executive to head Web3 delivery for Google Cloud. This is actually big news since Rishi Ramchandani is no lightweight. 2. On October 28th I reported publicly traded Bitcoin miner Core Scientific alerted the SEC that bankruptcy was a possibility. Well, now it has become a reality. 3. Shaktikanta Das, Indian Central Bank Governor is warning of a financial crisis. He is also doubling down on India's ban on crypto or private digital assets. This is not new, but continues to paint the picture of countries taking a hardline stand against what is already here and growing. I suspect there will be more bright flight. 4. Uniswap is making it easier for people to purchase digital assets. Customers can now use debit cards, credit cards and bank transfers. This new way of onboarding fiat is due to a new partnership with financial tech firm, MoonPay. 5. MoneyGram launched MoneyGram Online in Brazil. Although not mentioned, many believe XRP is involved in the new venture. I think there needs to be more research to see if that is true. If so, it could be a very interesting development. I do not make moves based on hearsay. 6. Popular US crypto exchange Coinbase has been awarded a license to operate in Ireland. Remember to connect the dots. While some are pointing toward the demise of crypto others are laying the groundwork. Don't just following the money. Watch what the money does.