2024-02-13

Author

Paul Fulbrook
February 13, 2024

Howdy folks,

📈 Bitcoin's surge past the $50k mark, a milestone unseen since January 2022, confirms the bullish momentum in the crypto market. With the Bitcoin halving drawing near, optimism is soaring, underlining a bright outlook for the near future 🚀💡.

Season 3 Agree GIF by American Gods

In other news:

🔥 Senator Elizabeth Warren's recent crypto bill has sparked controversy, facing pushback from the Blockchain Association. Despite being backed by 19 senators and aiming to combat illicit crypto activities, the legislation has been met with criticism from industry advocates, highlighting the ongoing debate around crypto regulation 🏛️💬.

👀 The Netflix "Black Mirror" franchise has ventured into Web3 with the Smile Club app, developed alongside Animoca’s Pixelynx, drawing inspiration from the "Nosedive" episode's social credit score system. Despite recording 27K smiles, user complaints about bugs hint at tepid adoption, blurring the lines between entertainment and blockchain reality 📱🕶️.

🎨 In the NFT realm, a rivalry heats up as Pudgy Penguins gains ground on the Bored Ape Yacht Club, indicating a possible shift in market dynamics. While BAYC sees stagnant price floors, the rising popularity of Pudgy Penguins suggests investor sentiment might be moving beyond the allure of celebrity endorsements and towards new collectibles 🐧🖼️.

DailyCoin Daily Meme

New Black Mirror ‘Smile 2 Earn’ Web3 App Hits 27K, But Leaves Users Disgruntled with Bugs

Netflix TV show Black Mirror is applauded for its critical gaze on technological evolution and its impact on humanity, but their Web3 app starts with hiccups.

Senator Warren’s Crypto Bill “Threatens Tens of Thousands of U.S. Jobs, and Bears Little Effect”: Blockchain Association

Senator Elizabeth Warren’s crypto bill attracts criticism from the Blockchain Association, with the group arguing that it’s ineffective. Read more.

BAYC NFT Supremacy Challenged As Pudgy Penguin Prices Soar To Near Parity

Pudgy Penguins shakes the NFT world by reaching near one-to-one price parity with Bored Ape Yacht Club. Click to read more.

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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