The Daily Spin. The Tikulme Tuesday Edition. Reports and rumors, rumors and reports. This is what mainstream journalism has arrived at, since rumors can’t be “fake news” and reports well… if you have a single bone of statistician in you, then you know how easy it is to reframe and present results to the narrative of your choosing. Analysts, charts, and even artificial intelligence point towards the likelihood that the “bottom is in.” Then Jim Cramer comes out to say that everyone should sell their crypto – giving definitive hard evidence that perhaps, we’re on our way up. Can’t argue with Jim Cramer, just always do the opposite of what he says. The other big topic on the rumor mill is all about the “Twitter coin” and whether Elon is going to choose a new dog or old one for it. Oh, and an insider who posted confirming Twitter’s work towards integration of a cryptocurrency was taken off the internet, CIA black-bag over your head style. She’s been “deplatformed” from every social media channel and is currently experiencing “online death.” She’s gone. Could happen to anyone, like when Bobby Fisher decided to go live in a cabin in the woods and preemptively deleted all of his online accounts. Freedom of speech? An illusion.
Miners are still seeing red, Ethereum goes inflationary, Consensys launches a new web3 magazine. European Central Bank blog issues a Bitcoin obituary, over $80bn in debt is estimated to be hidden within FX Swaps, and US Congress invites SBF for a chat only to get a cold shoulder. Stablecoin issuer Circle cancels plans to go public, Nexo bows out from the US market citing regulatory uncertainty. And the most trending topic buzzing around the web space is about ChatBot-GPT3 – check out some of the things OpenAI has said about cryptocurrencies …here is our round-up of curated news and opinions (surely biased) from the world of Blockchain, keeping you informed of the most trending, in-the-know, and controversial topics. In the name of transparent, information dissemination to keep you curious, inspired, and clinically sane…
Ongoings at Coinweb
It’s OK to Meetup Bangkok 2022, Nov 27 (Bangkok)
https://www.linkedin.com/posts/rukawin_thailand-blockchain-genesis-activity-7002871111134707712-YiCT?utm_source=share&utm_medium=member_desktop
Crypto AM Summit and Awards, Nov 23-24 (London)
https://twitter.com/tobycoinweb/status/1595909263263662081?s=46&t=V-EQfqnAOG7fXAWZ3sMk1Q
“Understanding the Great Crypto Tradeoff” by Toby Gilbert
https://dailyhodl.com/2022/11/16/understanding-the-great-crypto-tradeoff/
“The Time is Now for Blockchain” article on Times of Malta
https://timesofmalta.com/articles/view/time-now-blockchain-a2.994854
Toby’s full presentation at Token2049-London
https://youtu.be/pdtKx3vAs9c
Latest Video Release: Why Crypto Will Always Come Back (4mins)
https://www.youtube.com/watch?v=3Yl8Vwu4iNM
Cryptomanran (CryptoBanter) comes by Coinweb booth at Token2049
https://youtu.be/RSZ3szjBHa0?t=779
Digital Assets Week, Nov 15-16
Toby joins “Tech for Institutional Grade Digital Assets” Panel with R3 and State Street
https://coinweb.io/events/london-invasion-part-2-digital-assets-week/
“Overlay Networks in Blockchain” thread published by Kawin on Twitter
https://twitter.com/rukawin/status/1585548192761856000?s=46&t=7I6cq6_CPaQuHqwEBk0wTg
Coinweb Fireside Chat Series, “Happy Halloweb3” Oct 27 (Bangkok)
Panel Discussion Audio Recording Feat. Coinbase, Binance, and McKinsey (47mins):
https://open.spotify.com/episode/175CCj57qgfy8Hd5Ft5poy?si=h4WghWcOQnutGohTrDcGNA
'Bridging The Gap Between Speculation And Fundamental Value In Digital Assets' at the Vietnam Blockchain Summit 2022
https://t.co/fvordozLxZ
On the Radar
PlayToEarn Blockchain Game Awards 2022 (Public Voting Dec 1-29)
https://cryptoslate.com/press-releases/playtoearn-blockchain-game-awards-2022-announced-with-10k-in-prizes/
The EU Strategy for Cryptoassets, Dec 5 (London)
https://ecorys.idloom.events/the-eu-strategy-for-cryptoassets/pages/programme
RadFi2022, Dec 8 (Virtual)
Polygon Guild Meetup, Dec 8 (Bangkok)
World Blockchain Summit, Dec 8-9 (Bangkok)
https://worldblockchainsummit.com/bangkok/
Gam3 Awards, Dec 15 (Virtual)
World Crypto Conference, Jan 13-15 (Zurich)
https://worldcryptoconference.org/
European Blockchain Convention, Feb 15-17 (Barcelona)
Interop Summit, Feb 20-22 (Miami)
On the Block(chain)
Crypto Market Analysis: Consumer Savings Rate Suggests Continued Calm in Bitcoin Prices
https://www.coindesk.com/markets/2022/12/05/crypto-market-analysis-consumer-savings-rate-suggests-continued-calm-in-bitcoin-prices/
Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
https://www.coindesk.com/tech/2022/12/06/bitcoin-mining-difficulty-drops-most-since-july-2021-as-crypto-winter-cuts-profitability/
Introducing Consensus Magazine: Putting Web3 in Perspective
https://www.coindesk.com/consensus-magazine/2022/12/05/introducing-consensus-magazine-putting-web3-in-perspective/
Over 66% of the total Bitcoin supply hasn’t moved in the last one year, setting a record
https://cryptoslate.com/over-66-of-the-total-bitcoin-supply-hasnt-moved-in-the-last-one-year-setting-a-record/
Gemini formed an ad hoc committee to advocate for a solution for Earn users amid suspension of withdrawals
https://cryptoslate.com/gemini-formed-an-ad-hoc-committee-to-advocate-for-a-solution-for-earn-users-amid-suspension-of-withdrawals/
Bitcoin in Midst of Multi-Month Accumulation Bottom Despite FTX Debacle: On-Chain Analyst Willy Woo
https://dailyhodl.com/2022/12/05/bitcoin-in-midst-of-multi-month-accumulation-bottom-despite-ftx-debacle-on-chain-analyst-willy-woo/
Algorithm Known for Outpacing Crypto Markets Goes Fully Risk On, Favoring Ethereum, Polygon and One ETH Rival
https://dailyhodl.com/2022/12/05/algorithm-known-for-outpacing-crypto-markets-goes-fully-risk-on-favoring-ethereum-polygon-and-one-eth-rival/
Ether Turns Inflationary as Network Usage Slows
https://finance.yahoo.com/news/ether-turns-inflationary-network-usage-011302069.html
Competitive Landscape
Twitter rumors of crypto integration circulating
https://cryptoslate.com/twitter-rumors-of-crypto-integration-circulating/
Elon Musk Says Bringing Crypto to Twitter Is a ‘No Brainer’ As Social Media Altcoin Rumors Spread
https://dailyhodl.com/2022/12/05/elon-musk-says-bringing-crypto-to-twitter-is-a-no-brainer-as-social-media-altcoin-rumors-spread/
Stablecoin usage remain high despite crypto winter
https://cryptoslate.com/stablecoin-usage-remain-high-despite-crypto-winter/
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
https://www.coindesk.com/markets/2022/12/05/defi-risk-sharing-protocol-nexus-expects-loss-on-maple-credit-pool-investment-as-ftx-contagion-widens/
Podcast: Stablecoin Issuer Circle Scratches Plan to Go Public; Reddit's Avatar Tokens Set Minting Record (24 mins)
https://www.coindesk.com/podcasts/coindesk-podcast-network/stablecoin-issuer-circle-scratches-plan-to-go-public-reddits-avatar-tokens-set-minting-record/
Infura co-founder: MetaMask IP collection backlash is blown out of proportion
https://cryptoslate.com/infura-co-founder-metamask-ip-collection-backlash-is-blown-out-of-proportion/
Nexo bows out of US on regulatory uncertainty
https://cryptoslate.com/nexo-bows-out-of-us-cites-regulatory-uncertainty/
World
Built With Bitcoin Foundation Opens New Technology Center in Ghana
https://www.coindesk.com/business/2022/12/05/built-with-bitcoin-foundation-opens-new-technology-center-in-ghana/
A European Central Bank Blog Decries the End of Bitcoin, and We Aren’t Buying It
https://www.coindesk.com/business/2022/12/04/a-european-central-bank-blog-decries-the-end-of-bitcoin-and-we-arent-buying-it/
OpenAI on how it would destroy the crypto industry if it were assigned the task to do so
https://twitter.com/AltcoinPsycho/status/1598742302050357248?s=20&t=viczeKyNDuQNsNaZ4F1U5g
FX swap debt a $80 trillion 'blind spot' global regulator says
https://www.reuters.com/markets/currencies/global-markets-bis-urgent-2022-12-05/
U.S. House Committee says SBF has sufficient knowledge to testify
https://cryptoslate.com/u-s-house-committee-says-sbf-has-sufficient-knowledge-to-testify/
Thought Leadership
6 Industries That Will Be Transformed by NFTs
https://medium.com/galaxisxyz/6-industries-that-will-be-transformed-by-nfts-81d7b5f49b9
An Interview with Minima (mobile native L1) Co-Founder Paddy Cerri
https://www.coindesk.com/sponsored-content/an-interview-with-minima-co-founder-paddy-cerri/
Presenting CoinDesk's Most Influential 2022
https://www.coindesk.com/consensus-magazine/2022/12/05/coindesks-most-influential-2022/
Jim Cramer urges investors to exit crypto – ‘it’s never too late to sell’
https://www.cnbc.com/2022/12/05/jim-cramer-urges-investors-to-exit-crypto-its-never-too-late-too-sell.html
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