Tweets Into Thoughts Series - #35 Week Recap
Curated List of Insightful Crypto Developments for the Week - Jan 23rd to 30th 2022
Hello Reader,
Welcome to this weekly newsletter capturing some of the Most Impressive + Informative data I have come across on Twitter, related but not limited to mainstream Crypto Adoption, FUD busting along with Macroeconomics, NFTs and Metaverse for the week starting January 23 - 30th, 2022.
Fed rate hike fear induced selloff wipes out over 40% of total crypto marketcap
But in reality, the Fed seems to be stuck between a rock & a hard place.
Why Sven Henrich is now a Bitcoin supporter
Bitcoin annual settlement volume has officially surpassed Visa's payment volume.
ArkInvest top analyst predicts a $1M Bitcoin price by 2030
US Banks branch closures continue to rise post Covid19
An incentive to trade NFTs and earn fees is extremely compelling and thus hard to ignore.
IMF urges El Salvador to ditch bitcoin as legal tender
Its not gonna be easy for the Fed to do 4+ rate hikes in 1 year.
NFTs trading volume rises alongside crypto market pullback
While crypto may be struggling at the moment – NFT’s continue to soar – as trading volume on NFT sites like OpenSea are setting a record pace! moneyandmarkets.com/cryptos-are-tu… #film #generativeart #animation #cryptotraders #artgalleryAmerica Competes Act seems to be trying to give superpower to some unelected folks to decide other's crypto assets
.@HouseDemocrats introduced legislation that would give the Sec. of the Treasury dictatorial-level power to prohibit any transactions they deem concerning without due process. This leaves the American people powerless to hold @SecYellen accountable.1/ 🚨 IMPORTANT 🚨 Included in the America COMPETES Act just introduced in the House, and which will very likely pass in some form, is a provision that would be disastrous not just for cryptocurrency but for privacy and due process generally. https://t.co/vLJLnIhQhB https://t.co/1EC0SBaetkJerry Brito @jerrybritoIf you thought the Metaverse was just marketing + hype, think again.
Real important stuff in crypto isn’t important, until it suddenly is.
Scalability isn’t important, until it suddenly is. Decentralization isn’t important, until it suddenly is. Privacy isn’t important, until it suddenly is.
Click here to view the previous week’s installment - Tweets to Thoughts #34
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