Bitcoin May Be Down, But At Least You Can Pay for Mavs Tickets With Dogecoin

Happy Thursday, Blockfolians

The Lede

It’s weird times out there. Stocks are all freaked out about rising Treasury yields and JPow. People are debating why Bitcoin is down…or just meme-ing there way through it.

The good news, however, is that somehow DOGE continues to defy all logic and meme its way farther and farther.

The latest is that the Dallas Mavericks are going to be accepting DOGE now for all things Maverick.

Meanwhile, Elon continues to drive attention.

We’re still figuring out exactly what the shape of this bull cycle is going to be, but you can’t say it’s not entertaining.

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Highly Relevant Reading

  • This is why one Bloomberg analyst thinks we might be starting another bitcoin rally

  • BitMEX’s Arthur Hayes discussing surrender with US Marshalls

  • Charles Schwab is exploring crypto brokerage

  • Ripple is trying to get up that Central Bank Digital Currency game


Community Commentary

OoooOo interesting.
An important conversation

Final Thought

This is truly glorious.