#8 Crypto Crib Newsletter

Saylor Will Buy The Bitcoin Top Forever

Welcome once again fellow Cribbers, this week has been even crazier in a way. Those that followed it closely, second by second, will agree. In a recent interview, Michael Saylor said that he will continue to buy the Bitcoin top forever and described “fiat” maximalists as “Poor”. All this unfolded while he continued to buy more Bitcoin through Microstrategy.

Trump “somewhat” bullish on Bitcoin; Blackrock and Fidelity now owns over $23.4bn worth of Bitcoin

In a recent interview, Trump talked about bitcoin and crypto and said people seem to use it a lot and he wouldn’t want to take it away. He also reaffirmed that it doesn’t mean he will let any other currency take the throne from the Dollar but did acknowledge the love and passion people have for cryptocurrencies.

He mentioned how his limited edition NFT cards were bid on so heavily by cryptocurrency enthusiasts, where one piece got bought for as much as $400k.

Blackrock and Fidelity on the other hand continues to buy more and more Bitcoin in regard to their spot ETFs, now tallying over $23.4bn.

Book of Meme ($Bome) hits $1bn MC and volume within 48 hours of launching; Gets listed on all Major Cexes

Out of nowhere, a new memecoin on Solana hit $1bn marketcap with no significant pullbacks and over $1bn in volume. Every major cex listed it very quickly, including Kucoin, Bybit and now Binance as well. Many speculate it as some insiders pump that are well connected with exchanges. It also sparked a new presale for memecoins meta as many derivates launched within hours.

And with that we end this week’s wrap-up. Not much happened news wise throughout the week but we are hopeful we get a crazy coming week. Until then, adios.