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The Crypto Times 0016 - Groundhog Day

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No. 0016 February 2, 2023 : The sixteenth issue of The Crypto Times and it's Groundhog Day. Feel like you've seen this before? Maybe you have...After a year of Pain and Hurt in the Crypto Markets January started off Hotter than Hell. Crypto Markets have risen over 35%, Bitcoin is up over 42%. We still think it's a Bull Trap, but damn it's hard to argue with these numbers right now. Looks like Punxsutawney Phil agrees with us. He woke up this morning, saw his shadow and retreated to his hole for a nap after saying "Wake me when the Bull market starts." Some speculate that he made a quick escape to beat the rest of the traders and put in some buys on Bitcoin and Ethereum. He is a savvy investor after all. Coinbase announced it was hitting pause on it's NFT platform. Coinbase has an NFT platform, Who knew? It's performance has been lackluster to say the least. OE's or Open Editions on the other hand have been lighting the NFT market up lately. Seems like everyone is taking advantage of the latest thing and going after some east crypto. Good for you. Artists have to eat, go get yours. Ignore CT and get that money if you are feeling it. And lastly, here's some really exciting news about blockchain adoption, California DMV is moving to issue Vehicle Titles as NFTs going forward. They have plans to create a Shadow Ledger on Tezos and record all vehicle title transactions there. No more waiting in lines at the DMV. This is amazing news. But will your title come with a PFP? . . . 1600 x 1300 pixel png file. created by Nite Owl

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crypto times