Crypto Pulse #24 - Stan Druckenmiller calls for crypto "renaissance". Friday, 30th Sep 2022 | Powered by GenShards.
30 Sep 2022, 15:53
Crypto Pulse #24 - Stan Druckenmiller calls for crypto “renaissance” 💹
Friday, 30th Sep 2022 | Powered by GenShards
🌎 Here's all you need to know about what's been up in the worlds of crypto, NFTs & metaverse over the past few days
👉 Read the issue | 🐧 Read the tweet thread |👇You can also find some highlights below
⛰Macro Landscape
📌 Macro investing legend Stanley Druckenmiller has called for a possible crypto “renaissance” as the global economy extends its suffering, and trust in Central Banks fades (source)
📌 CFTC chair said that if the crypto space is regulated by them, Bitcoin "may double in price" (source)
📌 While local authorities are searching for Do Kwon, Terraform Labs believes the Luna/UST crash case has become increasingly politicized (source)
📈 Markets and Ecosystem
📌 After favorable news on the SEC lawsuit, XRP has jumped by more than 10%. BTC has also risen and is testing the $20k mark (source)
📌 The founding entity for Cardano - Emurgo - is going to invest $200M into the ecosystem over the next few years, to support ecosystem growth (source)
📌 Pantera Capital is seeking to raise $1.25 billion to launch a second blockchain fund according to its founder and CEO Dan Morehead, who made the revelation during a Bloomberg interview (source)
🀄️ NFTs, Metaverse & Gaming
📌 A cryptopunk has sold for $4.5M, in spite of the overall bearish market trend (source)
📌 Trading volume across the NFT market is now down 97% from the highs. It has fallen for 5 months straight now (source)
📌 The "hacktivist" group Anonymous has accused Yuga Labs & BAYC of racist symbolism in their NFT art (source)
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