Biden’s laser eyes, Elon Musk’s court and other things that happened in crypto over the weekend | by 36Crypto | Coins | February 2024
While the world watched the Super Bowl over the weekend, several important events occurred in the cryptocurrency industry that could impact cryptocurrency prices. So, let’s talk about what happened this week and how it affected cryptocurrencies as a whole.
Amid widespread celebration of the Kansas City Chiefs’ win over the San Francisco 49ers, the US President shook the cryptocurrency community with a photo of his alter ego, “Dark Brandon.” Joe Biden on his Posted Photo and caption of laser-enhanced eyes: “Just like we drew.”
The Dark Brandon meme is a representation of a popular online persona among Biden’s supporters, but the cryptocurrency community has taken it as a reference to Bitcoin.
The laser eye meme began in 2017 when a Twitter user announced his intention to buy Bitcoin by posting an image of himself with modified red laser eyes. Since then, the symbol has been widely used by cryptocurrency supporters to drum up interest in the currency.
There was a lot of noise in the comments on cryptocurrency users’ posts. David Gokhshtein, founder of Gokhshtein Media. asked: “Replacing dollars with Bitcoin?”
Renowned cryptocurrency trader Michaël van de Poppe commented on the publication: “Finally, he announced the Bitcoin standard. “We are saved!”
At the same time, journalist Eleanor Terrett Believe He is trying to win the votes of cryptocurrency users in this way. And the anonymous WhalePanda user subtly accused Biden claims ‘cultural appropriation’ of cryptocurrency.
The image of Biden with laser eyes sparked debate, with users splitting their opinions on whether it was a deliberate appeal to the cryptocurrency community or a hint at a conspiracy. theory About the integrity of the NFL.
Nonetheless, this situation may have had some impact on Bitcoin, as the price of the cryptocurrency exceeded $50,000 the next day. Coincidence?
This year’s Super Bowl will certainly be remembered not only by football fans but also by cryptocurrency users. In addition to the US president, Twitter founder Jack Dorsey also decided to draw attention to cryptocurrency.
During the intense game, Dorsey was seen wearing a T-shirt with ‘Satoshi’, the pseudonym of Bitcoin’s founder. This moment Capture and Share on the
Despite the particular interest in Jack Dorsey’s costume, this year’s Super Bowl was completely devoid of direct cryptocurrency advertising. After the FTX crash and numerous legal hurdles, the exchange decided to stay away from the frenzied advertising associated with the event.
This is Elon Musk’s third time. Ordered To testify as part of the Securities and Exchange Commission’s investigation into the Twitter acquisition, now called X. The court ruled that the evidence collected was sufficient for the SEC to investigate. The billionaire and regulators have a week to agree on where and when they will testify.
Last October, the Securities and Exchange Commission filed a lawsuit seeking to force Musk to testify as part of its investigation into the Twitter acquisition.
Last September, Musk refused to testify about the case, according to the committee. But the businessman claimed he had already testified twice and filed a harassment complaint against the SEC.
This event had a huge impact on Dogecoin. Investors are extremely upset that Musk will have to testify again. This news get off AT THE PRICE OF DOGE From $0.083 to $0.079.
A major concern for investors is the potential legal impact of Musk’s comments. If Dogecoin is classified as a security during trading, it could face strict regulation, which could harm market performance and investor sentiment.
However, a rebound is potentially possible if Dogecoin maintains its position above the 200-day EMA ($0.074) and avoids the negative sentiment associated with Elon Musk’s legal situation.
Robert Kiyosaki, author of Rich Dad, Poor Dad, warns that the fall of the American Empire is inevitable, similar to the decline of the Roman Empire.
In his warn About the US economy: “The end of the American empire? This week, Americans will bet $68 billion on games. At the same time, America’s debt is the highest in world history, and it is a debt that the United States will never be able to repay. The Roman Empire ended the same way, with giant gladiators entertaining plump Romans and bankers whittling away their currency to pay soldiers and bills. History repeats itself because foolishness repeats itself. Don’t do anything stupid. Instead, bet on gold, silver and Bitcoin.”
The famous author has been supporting Bitcoin for quite some time and has recommended investing in it as well as gold and silver. Recently he explained Here’s why he owns cryptocurrency: “Bitcoin protects against the theft of wealth through our money.
“Fed Chairman Powell, Treasury Secretary Yellin, and Wall Street bankers steal our money and especially our wealth through inflation, taxes, and stock price manipulation.”
That too Believe Cryptocurrency Could Soon Reach $150,000 To advise Keep an eye out for the upcoming Bitcoin halving.
google trends data It shows that search interest in Bitcoin has fallen from 21st to 18th from early 2023 to present. Despite recent price increases and Spot Bitcoin-ETF launchSearch numbers continue to decline.
Commenting on this data, investor Fred Krueger noted that interest in Bitcoin peaked on January 11, the day the Bitcoin-ETF was launched, but trading volume dropped again three days later. He concluded clearly: “ETFs have failed.”
He said in the next post wrote: “When Bitcoin or the stock market goes up 300%, we notice. Then we lose interest and go back to a new set of random inputs.”
That too Added The truth is that most people are only interested in investing if they think they can make a lot of money quickly.
Free tools: Our Simple Cryptocurrency Profit Calculator Calculate potential profits and returns for your cryptocurrency investments.<<
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