The Oscars were last week, and the Grammys happened yesterday. It’s award season again, and we’re here for all the glam ?.
But, even better than the Grammys was the market’s performance. Coins did really well last week, and we can finally breathe and smile to the bank! ? Away from coin prices, here are some of the biggest headlines from last week:
Ripple Is Going After Bitcoin ?
Last week, Chris Larsen, the co-founder of Ripple Labs, launched a campaign to change Bitcoin’s code ?. The campaign is a collab between Larsen, Greenpeace, and other climate groups, and its focus is to make Bitcoin more eco-friendly.
We get why Larsen wants Bitcoin to be greener ?. But, not many in the industry want to make this change. And, some have also criticized Larsen and Ripple for this. What do you think?
Crypto At The Grammys ?
So the Grammys happened yesterday. We were all excited to see some of our faves win (yay for Big Wiz! ?), but we were even happier to see crypto at the Grammys as well.
Okay, so crypto didn’t actually win a Grammy award ?. But, the Recording Academy partnered with Tezos and others to launch non-fungible tokens (NFTs) and other cool drops to engage better with music fans. We can’t wait to see what they have for us!
Planet Of The Apes! ?
The Bored Ape Yacht Club has been on everyone’s mind all month. The NFT collection’s raptors, Yuga Labs, got $450 million in funding last month ?. And, they launched a new coin called ApeCoin that’s doing pretty well.
Last week, Yuga Labs said that they’re also working on building their metaverse ?. The metaverse will use basically everything they’ve built so far – ApeCoin, Bored Ape NFTs, you name it. Anyone want a banana?
MicroStrategy, Mega Appetite! ?
You guys remember MicroStrategy? That company that was buying billions of dollars worth of Bitcoin like there’s no tomorrow? Well, they’re back and buying like they never left ?.
MicroStrategy announced last week that one of its companies has raised $205 million in loans ?. And guess what they’re spending it on – that’s right, Bitcoin! The market has nothing on these guys!
Axie Infinity’s Mixed Week ?
Metaverse fans, we got some bad news. Last week, Axie Infinity was hacked and they lost about $612 million ?. But here’s the fun part – everyone thought that the hack was going to kill the price of Axie Infinity (AXS), but it didn’t. In fact, AXS traded up following the hack. Weird times, right ?. If you’re trying to buy some AXS, remember that we’ve got you covered on Quidax ?. Also, remember to stay safe, guys. Here’s a post to help you out.