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Introducing 5 Minute Crypto - a daily degens update (ETH Tokyo; Shapella; SHIB metaverse; Elon, and moar)
Manage episode 360685894 series 3425406
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As of recording:
-Bitcoin is $30,294 on Coingecko
-ETH is $1,895
-Highest increase in last 24 hours was, surprise surprise, Solana! Whose price increased 12% to $23.49
What’s going on in crypto land…
-ETH Global Tokyo is happening this week in Minato City
-Shapella - Shanghai + Capella upgrades - happening 6pm Eastern today, April 12th, which allows a limited number of validators to withdraw staked ETH for the first time
-On Monday, Shiba Inu devs announced that they expect their metaverse, creatively called SHIB: The Metaverse, to open in December this year
-Elon has merged the Twitter legal entity into X Corp, similar to how Google was folded into Alphabet
Elon also owns the X.com domain, which he bought back from PayPal in 2017
https://adage.com/article/digital-marketing-ad-tech-news/elon-musk-merges-twitter-inc-x-corp/2486406
A few recommended reads for you
-https://twitter.com/LambolandNFT/status/1641833651913773056?s=20
Lamboland shares a great thread on how DeGods became the top project on Solana. In his words,
The Paper Hands Bitch Tax got people excited.
And overnight DeGods became the most hyped mint of October 2021.
Tyler Cowen gives his take on Operation Chokepoint 2.0, in his words:
I agree that financial regulation has been employed unconstitutionally, illegally, and covertly to control and regulate economic activity. One of my big fears is that a Central Bank Digital Currency would render nearly every transaction in the entire economy legible and primed for government monitoring and control
That’s it for today! That took 3 minutes. All the links will be in the show notes. You can follow @twodegenspod on Twitter and subscribe for more daily updates! I’ll try to do ‘em every day, including weekends, except when I’m hungover or feeling like shit.
Outro clip:
When there's an API key, something is broken - clip from Bankless
https://youtu.be/A1quw6GdUFw?t=1274
Boop boop be doop
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