Caffeine and Crypto - 05/13/24

Crypto

• Wake up bae, retail is coming

• Bitcoin Long-Term Holders Accumulating Like In 2021

• Wells Fargo comes back crawling

• SEC Chairman says most cryptos are a security

• VanEck’s spot bitcoin ETF HODL reports $109 million net increase in Q1, $620 million in BTC

• Is Regulation Imminent?

• Solana’s Internal Struggles

• US Court Shuts Down North Korean Crypto Network

• $61 Million Dollars of BTC Moved after a Decade of being Dormant

• Can Open-Source Coding Save Central Bank Digital Currencies?

• US State rep mulls 5% BTC in rainy day fund

• SEC's Pending Verdict on Ethereum ETFs Sparks Intense Speculation!

• MoonPay donates $1 million to help Coinbase trial

• China busts HUGE underground crypto market

• El Salvador Launches $360M BTC monitoring system

NFTs Memes and Lowcaps

• Trending Tokens gil GME KITTY

• Roaring Kitty is back, and it looks like he wants us to stop the PvP and stick together based on meme videos he posted today

• JUP, TNSR, JTO, got Coinbase futures listing

We shouldn't have to wait for Roaring Kitty to come back for us to band together against the powers that be. I understand that crypto is PvP, but if we continue to cannibalize each other's liquidity, we will be no better than the traditional finance system in due time. It's time we come together and really show the world what we're all about. There will be a meme that giga sends this cycle. I don’t know if the liquidity pool is created yet, or if the token even exists yet. But I do know one thing: the meme that giga sends will be led by absolute chads who want to say "Fuck You" to the man. - Shibo