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.