Unsurprisingly, the last seven days have shown us that Bitcoin whales are actively accumulating BTC throughout 2020, and MicroStrategy CEO doubled-down on the company’s bitcoin bet as “trillions are melting in treasuries.” Major crypto exchange Kraken has received a banking charter, while Kiss star Gene Simmons admitted that he was made for loving BTC.
At the same time, regulators like the Financial Action Task Force (FAFT) have been looking for crypto “red flags” to identify criminal behavior, while Venezuelan crypto users became increasingly worried about limited trading options, even though LocalBitcoins said it won’t leave the country. In Europe, the regulators promised a new “wave of regulatory obligations” for local crypto players, while monero (XMR) went up due to major compliance news.
Speaking of altcoins, Ethereum fees skyrocketed again as Uniswap’s UNI token went live, while Coinbase Pro introduced a withdrawal fee. Despite the recent DeFi token selloff, the total value locked in DeFi has continued to rise, and KuCoin offered a surprise to thousands of Aave’s LEND holders. Last but not least, if you’re interested in how to earn crypto income on Uniswap, you can learn about it following our new “DeFi Unlocked” series.
Finally, we can summarize last week via a universal language – the memes.
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Car salesman: *slaps roof of car* this bad boy can fit so much BTC in it.
“BTC on Ethereum” pic.twitter.com/sFR7mL1nuH
— grubles (@notgrubles) September 16, 2020
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“Have you heard of the tulip mania of 1637?”
The writing is on the wall. pic.twitter.com/y4kL7sPKwE
— Jameson Lopp (@lopp) September 15, 2020
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The real flippening.
btc fees are so low lmao let’s wrap eth and put it on that
— Tony Sheng (@tonysheng) September 18, 2020
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True innovation knows no boundaries.
What does the Ce in CeDeFi really stand for?
— Su Zhu (@zhusu) September 13, 2020
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Boundaries.
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Safety first!
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Someone please call 911.
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There are always two sides to the (bit)coin.
Checks out, especially compared to this guy pic.twitter.com/0XkotG7GBS
— Patrrrrrick ⟦#FreeRoss⟧ (@BitcoinMotorist) September 15, 2020
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Few understand this.
and chairs
— Paul Miller (@futurepaul) September 15, 2020
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The tale of the OG and the Sea.
Another one! Such a sad day every time this happens. Stay safe out there. https://t.co/gf5iXJqO5D
— Riccardo Spagni (@fluffypony) September 15, 2020
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Meanwhile at the yield farm…
I am a professional money manager pic.twitter.com/DEsSTsJJPb
— Blake Richman (@thebrichman) September 14, 2020
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Excuses, excuses…
😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭
— Ryan Selkis (@twobitidiot) September 15, 2020
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Pls sir
ETHboiz when they realize MicroStrategy doubled down on #Bitcoin instead of buying their bags https://t.co/xxpxqDx4s3 pic.twitter.com/GrAbmsoJV9
— Ryan Gentry (@RyanTheGentry) September 15, 2020
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This time we all will sell the top for sure.
When you over trade bitcoin from r/Bitcoin
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DeFi trading secrets revealed in one meme:
ahem. pic.twitter.com/S9DrTBMR64
— 𝕯𝖆𝖓𝖌𝖊𝖗 (@safetyth1rd) September 14, 2020
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O hello there!
Me: oh good it’ll just be a normal, relaxing night.
Uniswap: pic.twitter.com/VgJJlgRYsb
— ฿ully (@BullyEsq) September 17, 2020
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CeDeFi is the future.
I will migrate Pickle Finance to Binance Smart Chain for only $5MM pic.twitter.com/AQZPcoiwFu
— Beauty Contest Afterparty (@BAfterparty) September 13, 2020
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Choo choo!
Don’t miss the Bitcoin blocktrain. pic.twitter.com/WRnsgjitsX
— Willy Woo (@woonomic) September 14, 2020
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Long story short:
The SushiSwap Chronology pic.twitter.com/zPEfOdLukk
— CryptoChimp (@Cryptanzee) September 11, 2020
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Finally, a gem from 2013… Happy weekend!
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