EddieJayonCrypto
25 Apr 22
• DOGE jumps double digits as Elon gets his wish to take Twitter private• Elon doesn't think a bridge between DOGE and Ethereum is necessary• Kraken is also making global moves after being granted a crypto trading license in Abu Dhabi• Expanding globally is Bitcoin adoption as Central African Republ...
• DOGE jumps double digits as Elon gets his wish to take Twitter private• Elon doesn't think a bridge between DOGE and Ethereum is necessary• Kraken is also making global moves after being granted a crypto trading license in Abu Dhabi• Expanding globally is Bitcoin adoption as Central African Republic adopts it as legal tender• Argentinians seem to be turning to crypto and gaining momentum as they try to move away from their current economy with a failing fiat• Bored Ape Yacht Club has suffered another incursion as their official Instagram account gets "hacked" and $2.8M in Ethereum NFTs are stolenSo, some crazy events happened today. Here is what is on my mind.1. DOGE takes flight and jumps back into the top 10 after Twitter's board unanimously accepts Elon Musk's cash offer to take the company private. Clearly, the Dogecoin nation believes there is more to come with Twitter and DOGE. The news has also shaken up the decentralized social media landscape. As far as technology is concerned, I think we have a way to go to have a true social network running on blockchain technology. 2. Elon Musk doesn't think a bridge to Ethereum is a necessity for DOGE. You can see this in his response to Co-founder, Billy Markus' idea to add utility to the coin. Elon is big time supporter of the coin. Given what he is doing with Twitter he may be more in the know than the average person. Remember, I have always said DOGE needs utility. Well, if he integrates it into Twitter, it could introduce a lot of people to the coin and that could have immediate utility. 3. Not to be outdone, Kraken is also making global moves after being granted a crypto trading license in Abu Dhabi. 4. Expanding globally is Bitcoin adoption as Central African Republic adopts it as legal tender. As well, Argentinians seem to be turning to crypto and gaining momentum as they try to move away from their current economy with a failing fiat. 5. Bored Ape Yacht Club has suffered another incursion as their official Instagram account gets "hacked" and $2.8M in Ethereum NFTs are stolen. The account was used to share a link to scam that would steal NFTs from people that connected their Ethereum wallet. The scam said BAYC was offering free land to people that connected and would be given out via an airdrop. As you may recall their Discord server was hacked on April 1st.