Crypto exchange, FTX, is nearing an agreement to sponsor and put their name on the arena where the Miami Heat basketball team plays its home games. Good for adoption, but would be more fun to hear the announcers say something like “Tonight, Jimmy Buttler’s Heat take on Lebron James’ Lakers in a battle to the death at the Polkadot Arena.”
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In another episode of “finding the most twisted way to invest in crypto,” the Valkyrie fund is creating an ETF that invests in companies with Bitcoin on their balance sheets. This will be followed by investing in companies with Bitcoin in their name, companies where anybody personally owns Bitcoin, companies that may have heard someone talk once about Bitcoin, and even companies that use coin-operated parking meters a bit.
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? of a Tampa Bay, FL’s Beer Can Island is being auctioned off for crypto. The auction would go better if they threw in a couple of pizzas.
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A Bitcoin whale drained the entire balance of their wallet (nearly half a billion dollars’ worth) and split it almost evenly between two new wallets. Because even Bitcoin whales sign prenup agreements.
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According to on-chain analyst, WIlly Woo, 35% of available Bitcoin supply was bought in the last 3 months, indicating the end of consolidation by diamond hands. Or, here’s a crazy theory: all the news and hype about Bitcoin have everyone and their grandma buying up Bitcoin at the top out of pure FOMO, setting up a fun little crash and bear market since “this time is different” are the most famous last words in investing.
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Let's go for broke and try raising a whale of a sum in tips today, like... idk... 20 cents?
