EddieJayonCrypto
27 Nov 22
• Shiba Inu being accepted by Atheist, American Airlines and Air Canada• DOGE moves on continued fluff, but not facts• MetaMask still dealing with crypto community backlash• Digital Currency Group owes Genesis about $1.1B with $575 due in 2023• I am expecting SEC chief, Gary Gensler, to face growing...
• Shiba Inu being accepted by Atheist, American Airlines and Air Canada• DOGE moves on continued fluff, but not facts• MetaMask still dealing with crypto community backlash• Digital Currency Group owes Genesis about $1.1B with $575 due in 2023• I am expecting SEC chief, Gary Gensler, to face growing heatI am expecting more noise stemming from Genesis and DCG this week and more surrounding MetaMask. Here is what is on my mind for this coming week.1. Shiba Inu is killing it with 2 major partnerships. The first with German-based shoe manufacturer, Atheist. The second with FCF Pay so American Airlines and Air Canada can accept SHIB for ticket reservations. Most people have not heard about this news so the coin price has shown no movement. 2. DOGE is moving again on Twitter speculation I will be happy if it happens, but movement on nothing substantive is a tad much 3. MetaMask is feeling the heat over their change for Infura and what information they may be collecting. So much heat that the CEO of ConsenSys who owns MetaMask is playing defense and refuting the claims. True, partially true or not true, the company is in a bad place and has lost a lot of community trust. It is going to take more than refuting to earn it back. 4. Digital Currency Group reveals they have a $2B deficit with most of it owed to Genesis and $575M comes due in 2023. Apparently FTX was not the only company doing some funny math. Apparently, there is a web of intercompany loans at DCG. 5. I am expecting Gary Gensler to deal with more heat over his handling of current events and existing relationships.