What’s up, Funky Funksters?

Friendly reminder: if you’re in the US, it’s tax deadline day. Make sure you’re sorted.

Let’s dive into today’s stories.

• 😬 Gensler’s in Trouble

• 📨 Saylor Shows Sending Sats is Simple

• 🐂 Meme Coin Shows A Change in the Tide

Gary Gary Gary…

On the same day SEC Chair Gensler named six tokens that he claimed were unregistered securities in the SEC’s lawsuit against crypto trading platform Bittrex, a video of Gray Gary surfaced where he appeared to be shilling one of them (Algorand).

The SEC took issue 😡 with the Algorand Foundation's initial coin offering (ICO) of ALGO in June 2019. With the video now being shared all over Twitter, it does seem kinda hypocritical given the SEC’s habit of going after token shillers of projects it deems “bad.”

With this added to news that United States Rep. Warren Davidson is planning to introduce legislation that could potentially lead to the removal of Gensler, could this be the straw that broke the donkey’s back?All this bad press 🗞️ isn’t going to be doing him any favors.Just another day in Gary's world!

Saylor Gets Even More Bullish on Bitcoin 

Yes, you read that right. It is possible for Bitcoin Perma-Bull Saylor to increase his bullishness! 🐃

Earlier today, the MicroStrategy CEO revealed in a tweet that he converted his corporate email address into a Lightning address, adding:

“People keep sending me 21 sats [satoshis].”

Surely he has enough???However, this just goes to show it is possible to simplify crypto transactions to the point that non-crypto people can adopt the tech without having to learn new stuff…a major roadblock ⛔ in the adoption of any new technology.Fine work, Saylor, fine work!

Bulls Taking Over SHIB

While Bitcoin always leads the market, people often look for other market change indicators.The question is, are meme coins the proverbial canary in the coal mine? ⛏️

If true, then recent Shiba Inu actions may tell some tales.According to crypto intelligence portal IntoTheBlock, the number of Shiba Inu tokens purchased in the last 24 hours reached 2.84 trillion.Balance that against the volume of SHIB tokens sold, and it turns out that there were 203.22 billion more SHIB bought than sold.That equates to a positive value of nearly $236 million.Not small change!While not financial advice, this data adds fuel to the fire 🔥 that the market has bottomed, and we are now climbing!

DailyCoin Daily Meme

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