GameStomped 🦶

BTC isn't a magical fix-a-flat for every stonk

OVERVIEW

GameStomped 🦶 

Source: Giphy

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total market and altcoin market cap charts:

Source: TradingView

NEWS IN THREE SENTENCES
Crypto News 📰

🚨 Binance Threatens JasmyCoin With a Popularity Contest

Binance’s new "vote delisting" mechanism has JasmyCoin ($JASMY.X ( ▼ 3.05% )) crying foul, arguing its 1000% rally and swelling userbase somehow got overlooked. Jasmy’s response: flexing its shiny new gadgets like Personal Data Locker and Jasmy Secure PC while asking Binance politely (sort of) to pull its head out of its own mechanism. And just so I’m clear, mechanism means ass. JasmyCoin.

🗳️ Senate Stalls SEC Nominee Vote

The Senate Banking Committee postponed Paul Atkins' confirmation vote for SEC Chair, likely to give crypto critics more time to complain about his pro-crypto stance and equity holdings in blockchain companies. Atkins pledges to shift the SEC’s regulatory approach, causing Elizabeth Warren to throw shade over his "potential conflicts," but crypto markets aren't exactly panicking. coincu.

🚨 DOJ Seizes Hamas-Linked Crypto; Critics Quiet as Crypto Actually Fights Terrorism

The DOJ just seized over $200k in crypto linked to Hamas, dismantling a network laundering $1.5 million in digital funds. Investigators tracked funds via crypto wallets and encrypted chats, demonstrating blockchain transparency is real. The Street.

✈️ SBF Gets 'Con Air' Treatment After Jailhouse TV Stunt; Critics Still Googling “What’s FTX?”

Sam Bankman-Fried found himself on a prison plane after an unauthorized TV appearance with Tucker Carlson landed him at a federal transfer facility in Oklahoma. The former FTX CEO still claims innocence while critics pretend he represents the entire crypto space. Decrypt.

PRESENTED BY STOCKTWITS
The First Bitcoin-Denominated Life Insurance Co. (That’s Backed By Sam Altman) 👀 

Join Blockfuel’s Avi Mash and Jody Flournoy for conversations with the crypto industry’s top leaders. Today’s guest is Zac Townsend, CEO of Meanwile.bm, the first and only life insurance company denominated in Bitcoin. 🪙 

You don’t want to miss this unique and insightful conversation: 👇️ 

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