EddieJayonCrypto
14 Apr 22
• Elon goes hostile!• Someone purchased coins identified by Coinbase before they released the news. Coincidence?• Binance get space at a French start-up incubator citing positive regulation in France• Is Strike striking out in El Salvador? Definitely some growing pains.• Ethereum's merge is not goin...
• Elon goes hostile!• Someone purchased coins identified by Coinbase before they released the news. Coincidence?• Binance get space at a French start-up incubator citing positive regulation in France• Is Strike striking out in El Salvador? Definitely some growing pains.• Ethereum's merge is not going to happen anytime soon (think third or fourth quarter)• Japan's experiment with a CBDC is in an advanced stage• 13 NFL teams ink deals with Fan Token platform, Socios. Should we care?• A class action lawsuit has been brought against former SEC Chair Jay Clayton and former Director Bill Hinman over their alleged mishandling of the case against RippleIf you know what to look for, there is a lot that can be found. Here is what's on my mind today.1. So, Elon is at it again with his market manipulation. Last week I said he changed his original SEC filing from passive to active. So, you don't have to be a brainiac to see he was going to go activist on Twitter. 2. This is interesting. Once again Coinbase is in the news. Cobie posted someone purchasing hundreds of thousands of dollars in tokens specifically features in the Coinbase Asset Listing before it was published. Was it luck? Seems a bit suspect to me. 3. France's pro crypto business approach has led Binance to obtain space in start-up incubator Station F in Paris. This is nice move considering, seemingly, the rest of the EU is against crypto. 4. So, Strike is striking out in El Salvador as CNBC's reporter went down and tried using it, but found that it has not been implemented well. They went on to state money has to transfer reliably 100% of the time and in a timely fashion. At one store the money left the reporter's Bitcoin wallet, but didn't reach the store's wallet and had to pay for the groceries in cash. Jack Maller went on CNBC stating something akin to both endpoint have to be operating on the 5. The much anticipated Ethereum merge will not happen until a few months after June, says Tim Beiko, a lead Ethereum developer working on the blockchain's move to proof-of-stake. To me, all this means is I will have more time to stock up on some ETH before what I think will be a major move up for the coin. 6. So, it looks like Japan's experiment with a CBDC is in an advanced stage. That said, I think as much as it is progressing it still has a way to go considering they have not figured out how to make it interest bearing. I think that is something that is going to have to happen if they want to create a true CBDC. 7. Given the amount of restrictions regarding crypto in the NFL should we care that fan token platform Socios has sign marketing deals with 13 NFLS team including the Giants and Bucs? Yes and no. Yes because it is a sweet opportunity for the teams to get some money for marketing and no because there will be no tokens issued for the teams due to the restrictions. I think it will be some time before we will see if this is actually a good move or not. 8. Wow! A class action lawsuit has been brought against former SEC Chair Jay Clayton and former Director Bill Hinman over their alleged mishandling of the case against Ripple. The lawsuit alleges they violated federal regulations, specifically that they conspired to destroy Ripple. There are many cases that have been brought against the SEC regarding the management of this case, but this one is alleging their actions were because Ripple would have an adverse effect on their previous clients. In my eyes the case may have legs since they did not go after Ethereum, which is a similar network.