Newsletter #267 - Respect The Pump

Hey Shitcoiners,

Are you feeling bullish? We dived into the depths of the bear market and it finally feels like we are coming to the surface for some air. There’s a lot of bullish sentiment around and the talk of ETFs has been getting everyone excited. Is it Ethereum’s turn next?

‍

The ETH price responded.

‍

Jmo thinks some are getting too excited about boomers getting exposure.

‍

What next?

‍

Arthur has consulted the ancestors and thinks there’s only one way this is going. We are on a moon mission, baby.

‍

But Jmo is short and he has ammo.

‍

MicroStrategy was one of, if not the only institutional money who publicly bought during the bear market. That bet seems to be working out quite well.

‍

Here’s someone else who took a strong position during a bear market. Bitcoiners don’t need calendars.

‍

With a bull market looking more and more likely by the day, we need new things to gamble on! ORDI, the Bitcoin Ordinals token got a Binance listing and it pumped.

‍

Ordinals have been controversial since the start as Bitcoin maxis considered related transactions as spam. Here’s a rare zinger from Peter Todd.

‍

But what was the NFT party he was speaking of? Well, that would be ApeFest. At the event in Hong Kong, several attendees reported eye problems.

‍

If you are wondering how you go blind at a conference, here’s how.

‍

RIP this ape's eyesight.

‍

The perceived floor price went up!

‍

To some serious matters now. The US government want to crack down on crypto, whatever that means.

‍

Erik with the spice.

‍

This is peak performance.

‍

Speaking of baddies, Yellen has a scheme and Arthur thinks it’s going to send us into “up only” territory. Let’s get it.

‍

Nouriel Roubini, the famous crypto critic is doing a little scheming himself. He has a new gig!

‍

And it has a… token? Nouriel will never live this down. We are excited about the inevitable memes

‍

We round this off with some reminders that time moves fast in this space. It’s already been 5 years. Wild.

‍

Oh, and here’s SBF doing an Escape Room. The irony.

‍

That's all for this week. Follow Andreas on Twitter and stay up to date with us @Shitcoindotcom too. See you next time.

‍

Team Shitcoin.com