πŸ˜„ Your Sunday Catch Up

What a week it's been with πŸŒͺ Tornado Cash devs getting arrested, πŸ“… Ethereum devs set 15th September to go live and HyperSocial CEO gets hyper-emotional 😭.Here's your Sunday Catch Up

In Todays Catch Up:

  • Chart of the Week BTC

  • Hot News on the bloc

  • DeFi Friday

  • The Rest of the Internet

  • Alpha on the bloc

This week we look at the Bitcoin Weekly chart using the Heikin Ashi candles, which if are new to you simply means "average bar" in Japanese. You can read more about these candles here. Heikin Ashi candles are used to spot trends and areas of indecision. As we can see from the Bitcoin chart we are on track to close our 4th green weekly candle. This isn't so much of a bottom or topping signal but an indicator you can use to help you play the direction of markets.So yeah, this is a good sign, not a powerful uptrend as indicated by the size of the candle, but looking at the fear and greed index and other metrics there may just be more confidence coming into the markets.

Weekly Bitcoin Chart | Courtesy of Trading View

A storm for Tornado Cash as they get slapped with a sanction, UDSC blacklisted wallets and Tornado Cash developers are arrested. Putting into question and blurring the line between legality, decentralisation, and development for crypto mixing projects.A cool calm 8.5% for CPI putting smiles on the faces of bulls and sending bears back to goblin town. No forks given by Chainlink and the Link marines as Chainlink will NOT be supporting forks as stated in this official statement.Curve.Finance gets its front end exploited by hackers and good ole CZ saves the day as Binance recovers some of the funds. Might be worth waiting a little longer before using it and make sure to revoke any recent contracts.Ethereum Devs set 15th and 16th September as the date Ethereum 2.0 goes live and becomes a significant part of cryptos future and histroy as the final Goerli test run is a success.

Join us as we talk about Wall Streets' new crypto marriage, the effects of USDC on DYDX and DAI, who recovered the Curve Hack, and altcoin picks for the week ahead. This is your DeFi Friday Catch Up on Youtube and Spotify

The Inflation Reduction Act gets a thumbs up Friday as the vote weighed in favour of the Yays rather than the Nays coming in at 220 vs 207 (as quoted by House Speak Pelosi). The whole world is now watching and waiting.HyperSocial hyper emotional! as the CEO posted a cringe-worthy picture of himself crying in LinkedIn over recent layoffs. Well, at least he has some emotions....that must be a positive right?Fairytales are costing us more as Disney boosts the prices of their streaming service Disney+ whilst Pelosi (you know we love a Pelosi story!) profits from her Disney calls as earnings surge.Ouch, that's hot as UK energy bills are set to hit a record Β£5,000 in 2023 whilst temperatures reach extreme levels of sizzling.Ummmm.....break? Tesla still won't stop for a child when they run out into the road as this video shows a Tesla plowing through a child-like dummy. A Tesla fan wrote this letter to prove a point requesting to do it in real life.

These are on our watch list for this coming week and remember to do your own research: $DPX, $JONES, $PLS and $GNSΒ 

The Latest Podcast, Wall Street buys crypto, effects of USDC on DYDX and DAI, the Curve Hack gets recovered and altcoin picks Youtube | SpotifyA Useful Read, A Complete Guide to BetSwapThe Latest Tweet, from @Pentoshi as he talks about his own current mental block in trading which is something we all experience.The Ape Enclosure, Need help funding a project? Well, we've got you covered. If you've got a good idea then send us an email at [email protected] or reach out on Twitter.

If you are a builder in this space and are hiring a remote-first team take a look at one of our partners, Deel. They allow you to hire, manage, onboard and pay from anywhere in the world without the hassle. Yes, Deel allows you to pay your team in crypto too…

From the blocmates signing out!

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