FT crypto watch nov 4th

Yeehaw, now, crypto buckaroos & ponygirls, we love y'all!!   Keep on riding over the event horizon to bring a future free from fiat abuse!!   Like here on the pumping Publish0x!! 

Dear friends have hinted we're too long winded.  So, we gotta tighten up!! always feel for the early stars, carrying their bands upward and forwards! 

Crypto fabric of the FT today!  

Tradfi corruption funnies a PLENTY!!  Those MINERS!!  They just paid a QUARTER BILLION fine!! Oh, not crypto miners, normie miners and traders Glencore!!   Flying light planes full of cash to bribe EVERYONE, hilarious!!!  Accounting included $6,000,000 in office expenses!!! 

UK local banks pay 12 million in fines for scr-wing customers.  The banks remain UNNAMED??!!?? WTF?  what are they, underage children??? 08d6791e392465c3f89dbb66ca8c7a19a3696eedcc8be3d4927d80d4a0abf68d.png

Crypto that won't say crypto! !  !t's the dovish pivot of the BofE!!  Ohh la la it's all about what they SAY, not what they do.  No it's not. 3% prime ain't gonna touch 11% inflation!

Anddd. that's it for print!!  The DAY AFTER a full page crypto ad, NO crypto??? OK, then. 

Online? Oh yes.   We ride!!! Right into groundhog day.  SAMEO Coinbase story, rinse n repeat.  318065bbf16028c460325f587e6c590293cf1d04f162cd1620444f7d616dbec9.pngTBF, Coinbase has done stupid things, like riding into India like they were god's gift to the continent.  Then getting basically turfed out!! 

What's the REAL STORY?  We will tell you!! The REAL headline:  Binance is about 5X on Coinbase AND Kraken AND Huboi all together, who cares about them!!!  Binance has TWO coins in the top SEVEN!!!   

Proof:  BINANCE is UP 20%!!!   NOBODY OWNS STOCKS ANYMORE!!!  who cares about stocks anymore!!  It's all about coins baby!!

OK people we are losing it:  is this REAL: 7fc1326a66796a35b84af88636645f1a765e002c34dc1b95a2682d96a4c22b62.pngGround & POUND groundhawg day!!!  Repetition of the bash!!! Coinbase down!!!! 

This time by Lex, who mentions (like many others) Coinbase is getting some cash interest these days.  Same  details, same block mentality story, even ends with the same good news Blackrock mentioned only at the very end!! Copypasta included, just add water cause it’s dry...

Wow, what a low effort graphics job!!! Who pretended to be working when they did and approved THAT ar ar ar !

Finally, we have the cryptocurrencyfinancebanking newsletter, yay!! 

Once again, it's time to laugh at Meta!! 8bba27f68b8dea31b8c768f8191b8483eb25674c1338daf4dffe4559fa7c00fc.pngTLDR: BTC and ETH are down 70%, but NFTs are down 85%!!   Given this, it takes a SPECIAL idiot to go all in on NFT's right now!!

Enter Meta, lol!!   Meta is down 75% ( worse than crypto!!) losing 90 billion in market cap (#$(#$&$#(!!!) 

The NFT market is crammed with players, from OpenSea and Rarible all the way down to Reddit!!!  Not in the FT here, but the market LAUGHED at Meta's NFT markets thus far.  Also, not in this article but anyone but Zuck woulda been chitcanned by now for those numbers!!! 

Could Meta save the NFT market?  A non-question, but a fun artice!  Neggy as $(#$& for crypto, but still One thank you. 5a3732b885f9a6178bc35f5d10ad05be8657ca103cc0ec5f67b103349e5fa1a3.png

A nice enough roundup of the weeks news. 

*Bakkt bought Apex Crypto.   

*Goldman, MSCI and Coin Metrics release Datanomy, a data service as a Taxonomic analysis of crypto!! MMMmmm. Tasty!

*Derebit is hacked for 28MM (FT won't say it but Derebit will pay all back.). Derebit also loaned 3AC 80 MM, hmmm, ya need fresh BRAINS,  Derebit!! 

*Coinbase CPO quits, (whoopee!!)

* Everyone's moving to the  Carib rehab!! 

Vitalek is unsure about the blue check. Whatever, clearly we have an anti-Elon narrative now, but not clearly anti Crypto in the newsletter for ONCE, 

DOGE mooned 100% on Twitter integration rumors. Ends with a mild crypto dig, not even a semi-coherent narrative for pop coins for months. Meh. 

But Meh is GREAT !! NO FU's!! YAYYY the fabric is changing baby!!   Wow a happy ending for the weekend!! THANK YOU!! 


That's our FT crypto for the day team!!  UP to DATE!! 

Peace out, 



please refer a friend! ambassador link: https://www.publish0x.com?a=WZdPKv2bKg

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Dave Sawyer
Dave Sawyer

National Merit got this punk rocker to Oberlin, and Wall Street fintech gave up world tours and an NYU MBA. I am a Bitcoin true believer. Bitcoin is deeply revolutionary in a way we always prayed tech would be. Keep the baby Faith!

FT WATCH - the Financial Times on Crypto!!!
FT WATCH - the Financial Times on Crypto!!!

The WSJ turned into USA today - which leaves the FT at the top of the heap for serious financial news! Join us for a semi-serious monitoring of the FUD & hate the FT now showers on crypto. Dear readers know we love that pink newspaper but boy howdy does the FT despise crypto--- it's funny. The old guard always fights the new guard. The FT does it eruditely, with misleading comments, fun graphs, and outright lies (usually) attributed to crypto's greatest enemies!

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