Gushiken Yona
Buckle Up, CryŃto Fam! It’s Meme Mania Time! šš¤”
Welcome, crypto crusaders, to this week’s edition of The Weekly Meme Digest! We’ve got all the hot takes, cold jokes, and spicy memes you need to survive another week in the wild west of blockchain.
This week’s edition is packed with juicy stories that will make you laugh, cry, and question everything you thought you knew about the crypto world. Weāre serving up a cryptic cocktail of mysteries, market moves, and major shakeups thatāll keep you on the edge of your seat.
Ready to dive into the madness?
Read on to learn mŠ¾re about the biggest and juiciest stories in the crypto world this week in our Crypto High Five!
We’ll unpack the drama, dissect the memes, and leave you wondering if it’s all just a simulation. š¤Æ
Crypto High Five: This Week’s Headlines (But We’re Keeping it Cryptic!)
This week, something big is crashing, someone powerful is entering the game, and an unexpected player might be stepping back into the light. š
Oh, and did we mention that someone whoās usually calling the shots is now under the microscope? š®āāļø And thereās a court case heating up that could flip everything upside down! š
Curious? Dive in to get all the juicy details you crave without spoiling the fun. From surprise exits to crypto court battles, this edition has it all. So grab your favorite snack and prepare for a wild ride through the weekās most unpredictable headlines!
Weekly Meme Digest #5: šØ Trump World Liberty Fi: DeFi Revolution or Distraction Tactic? šØ
Satirical Satoshi
Hold onto your MAGA hats, folks, because Donald Trump is diving headfirst into the crypto world! That’s right, the former president, the man who gave us steaks, a university, and a series of reality TV meltdowns is now launching his own crypto platform, World Liberty Financial, and it’s promising to be as entertaining as his presidency.
The Pro-Crypto Trump
Trump, who once called BitŃoin a “scam,” has apparently had a change of heart (or maybe just a change of strategy). He’s now rebranding himself as a crypto champion, promising to usher in a new era of financial freedom with his revolutionary platform.
Trump is back and this time, heās ditching the “big, slow, outdated banks” (his words, not ours) for the brave new world of decentralized finance (DeFi). Welcome to World Liberty Financial, launching Monday, September 16ābecause why wouldnāt Trumpās next reality show be a crypto project? š¬š°
In a video posted to X (formerly known as Twitter, for those of you trying to keep up), Trump announced that heās āembracing the future with crypto,ā and oh boy, it looks like this could be the ultimate plot twist in his saga. But waitāthis isnāt just his platform. No, this oneās a family affair. His sons, Donald Jr. and Eric, are apparently the crypto masterminds behind the scenes. And if youāre already questioning the credentials here, just know that Chase Herro, a guy who once promoted crypto on a Logan Paul podcast, is also on board. š
.@WorldLibertyFi pic.twitter.com/rHEGQXl4jL
— Donald J. Trump (@realDonaldTrump) September 12, 2024
Digital Wallets, Credit SŃstems, and…Lending Cash? š¤
According to a white paper (which weāre sure Trump definitely read himself), World Liberty Financial will offer everything from digital wallets to credit accounts and the ability to lend or borrow cash. Oh, and youāll be able to invest in assets using tokensābecause nothing screams āsecure financial futureā like Trump tokens. š
But seriously, Trump has somehow rebranded himself as a pro-crypto candidate, securing strong support from the crypto industry, promising that if he returns to office, heāll make sure we get āclearer regulations.ā You know, the kind of regulations that will probably leave us wondering if crypto is just the new real estate, but with more volatility and fewer golden towers. š°
But Wait…Whoās Behind This? š
HerŠµās where things get…a little murky. As if the Trump family running a DeFi platform wasnāt already peak 2024, it turns out the World Liberty Financial website is registered to a domain host using an anonymous privacy service. But not just any serviceāitās one that has been linked to Russian cybercriminals. š
Now, before you grab your tinfoil hats, thereās no actual evidence that Trumpās latest project is in any way criminal. But when you pair anonymous privacy services with a lack of transparency and sprinkle in the Trump brand, you get more than a few raised eyebrows. š¤Ø Itās like watching a reality show unfold in real timeāexcept this one might mess with your crypto holdings.
Is It Future of DeFi or Just Another Trump Diversion?
Hereās the million-token quŠµstion: Is this a legitimate push for decentralized finance, or is this just another Trump rebrand designed to keep him relevant in the digital age? Is the former president really all-in on blockchain tech, or are we looking at a flashy distraction to keep the headlines rolling? The sons have been dropping vague hints on social media, but itās almost as if details are an afterthought in this whole operation. š
Questions for Your Meme Brain Wallets
Can we trust a DeFi project launched by a family best known for flashy, high-risk ventures? š¤·āāļø
Whatās the real story behind the anonymous privacy service, and why does it always seem like crypto ventures love operating in the shadows?
Is Trump genuinely pro-crypto, or is this just a way to keep his name circulating in a market full of hodlers and meme coins?
And finallyāshould we all start mentally preparing for a future where Trump Coins become a thing?
Disclaimer: No Trump Towers or crypto tokens were harmed in the writing of this article. Any resemblance to reality is purely coincidental, or, well, intentional. Always do your own researchāespecially when it involves crypto and former reality TV stars. š
Weekly MemŠµ Digest #4: Bitcoin DŠµath Cross Looms: Saylor Says āHold My Beerā As He Forecasts $13M
In a stark contrast to its $74,000 all-time high back in March, Bitcoin recently took a hard nosedive, landing at around $56,000 as of September 11. Thatās nearly a 25% drop! š¤ And letās just say some indicators are sounding the alarm bells, warning us that it might dip even more in the weeks ahead. š It has managed to catch its breath and is back up to $60,431 at the time of writing. š¤
Was that just a pit stoŃ or will BTC experience an even lower dip in the near future as feared by some? š° Get ready to flip a coin because at this point, who knows, really? š
Welpāapparently, someone does. Itās none other than Michael Saylor, whoās probably the most bullish guy in the world right now. Errrāalways, to be precise! š Letās back up a little and review his bold prediction. šµš½
The Bitcoin Prophet
So last week, Saylor went out on a limb with a prediction that Bitcoin could soar to $13 million by 2045. š£ Social media exploded with reactions, with some people seeing him as a visionary and others thinking heās floating in cloud nine. Is it safe to say that when life gave him Bitcoin, he literally aimed for the stars? Because if you sign up for Name a Star, with $13 million you could name 10,000 stars after you at $100 apiece! š¤©š
But hereās the reality right now. It seems Bitcoin is flirting with the possibility of a ādeath cross.ā Itās that 50-day Exponential Moving Average (the fiery red wave) eyeing a possible dip below the 200-day EMA (thatās our calm blue wave). š š When this happens, it usually means bearish vibes are creeping in. š» Take January 2022, for instanceāthatās when Bitcoin decided to plummet about 60% after this cross formation. Right now, some spectators are saying itās a very familiar pattern. š¤
A #Bitcoin death cross is imminent!
Should we be worried? pic.twitter.com/OReGjTD2HDRelated: Industry Celebrates the New $70M Domain Mogul But His Crypto Shadows Linger
— Crypto Rover (@rovercrc) September 12, 2024
The Other Michael’s Bitcoin Prediction
Investment consultant Michael van de Poppe had a bit of a gray cloud moment. He predicted a plunge to around $50,000 or, dare we say, even lower in the coming daysāespecially with the release of the U.S. CPI report. Heās convinced, however, that thereās a reversal time coming. š¤©
But as for the other Michael, well, he went on TV to say Bitcoin could hit $13 million! š Before you start thinking he’s lost it, to be fair, he meant in the next two decades or so. š He thinks itāll be trading at S&P 500 levels, plus an extra 8% for a dash of flair. His prediction also includes Bitcoin’s share of the global capital leaping from a tiny 0.1% to a roaring 7%. Wild or mild? You decide!
HOLY SHIT!
— Kyle ChassĆ© (@kyle_chasse) September 9, 2024
MICHAEL SAYLOR SAID THAT #BITCOIN IS GOING TO F*CKING $13,000,000 ON LIVE TELEVISION!!! pic.twitter.com/MsXMGpK7Uq
Honestly, itās hard to argue with Saylor when everybody knows MicroStrategy has been hoarding Bitcoin, building a hefty $8.3 billion stash since August 2020. š°š² Just a few days before his bold prediction on CNBC, he tweeted a very short but sweet, āYou do not sell your #Bitcoin.ā
Guess weāre just going to have to get used to being treated to his catchy one-liners every nŠ¾w and then. At leŠ°st it keeps the fudders at bay and brings a little chill to the BTC crowd! š¤
š But what do you think? Is his claim outrageous or is he spitting straight facts?
Disclaimer: This article does not contain financial advice, nor does it have THE Michael Saylor lurking in the background to whisper the secrets of the Bitcoin universe to you. Whether you decide to sell or HODL your Bitcoin is entirely up to you! š Please remain calm; channel your inner Zen master when making choicesāafter all, a Ńlear mind is the best wallet you can carry. š
Weekly Meme Digest #3: CZ Is Coming Home: A Bull Run or Just Bull?
The crypto world’s favorite rogue founder, Changpeng “CZ” Zhao, is about to make his grand return to the wild west of blockchŠ°in! Set to be released from his “halfway house” on Sept. 29, 2024, CZ’s imminent release is sparking all kinds of speculation across the cryptosphere.
Will his return mark a bullish rally for the crypto market, or will it be just another episode in the ever-dramatic reality show of crypto? šæ
For those who need a quick recap: CZ, the former CEO of Binance, has been chilling in a federal facility after pleading guilty to violations of the Bank Secrecy Act. In a blŠ¾ckbuster plea deal back in November 2023, Binance forked over a cool $4.3 billion in fines while CZ took a four-month timeout from his empire.
But waitāthereās more! As part of the deal, our crypto maverick got a lifetime ban from ever managing or operating Binance again. Yes, you heard it right, folksāa lifetime ban! So, while he might be free soon, don’t expect to see him behind the controls of the Binance spaceship anytime soon. š
CZ coming home is a much more bullish event than CT realizes. He's a real hero crypto can rally behind
— artchick.eth š„š (@digitalartchick) August 18, 2024
Unjustly imprisoned by an administration that can't even pronounce "Binance" and who thinks crypto is where they bury Egyptian Pharoahs, he sacrificed freedom for our ETFs pic.twitter.com/aZxnSGTuYU
Now, letās talk market vibes. With the countdown to CZās release ticking away, crypto Twitter is buzzing louder than a blockchain node farm on overdrive. Many are hoping that CZās comeback will pump up the BNB price, which has already been making a modest recovery dance around the $500 mark.
And why not? After all, who doesnāt love a good redemŃtion arc? “CZ is back, baby!” could be the tagline of this week’s meme parade. š.
CZ's return is likely to trigger a major altseason, and you can start preparing for it right now. pic.twitter.com/V1ZtRQru5G
— Binan Smart Kid š¶ļø (@Binansmartkid) September 10, 2024
But hold your horses (or should we say crypto bulls?)āCZ wonāt be returning to his throne at BinŠ°nce. Nope! As part of his “Iām totally not going to run this company anymore” agreement, heās barred from any managerial roles at Binance for life.
And yet, some enthusiasts are speculating about his next big move. Perhaps a new venture? Maybe heāll pop up with a “Binance Lite” version that operates out of some undisclosed locationāpreferably on a private island. š“ Or will he be starting a YouTube channel? “CZ Explains It All,” where he breaks down DeFi, dodges jail stories, and spills tea on crypto gossip.
The crypto community is eagerly waiting for Sept. 29, not just to see CZ walk free, but to see how this next chapter unfolds. Will the “CZ effect” propel Binance Coin to new highs, or is this just another chapter in the crypto soap opera we all love to watch? Tune in for upcoming updates in the forthcoming weeks, and as always, keep those diamond hands strong! šš
So, grab your popcorn and get ready for the show. The only thing guaranteed in crypto is that thereās never a dull moment!
Disclaimer: Before you YOLO your life savings based on a joke here, rememberāweāre meme masters, not financial advisors! š This article is just for laughs, not investment advice. Always do Ńour research, Š¾r at least ask someone who wonāt say, āI told you so.ā And hey, if CZ starts a reality show, we want in! š
Weekly Meme Digest #2: Gary Gensler: Is He Harrisā Baggage or Just a Scapegoat? šš¼
Satirical Satoshi
Gary Gensler, the man whoās been cracking down on crypto like a man on a mission, is suddenly finding himself under investigation for ā wait for it ā favoritism. Yes, folks, the Chair of the SEC is now being accused of playing favorites when hiring his senior staff. š§
The plot thickens. As if Gensler wasnāt already causing Kamala Harris enough of a political headache, now there are whispers that his alleged hiring biases might just be the perfect excuse to finally kick him to the curb. And letās face it, with Gensler becoming more of a political liability every day, you have to wonder: Is this investigation the real deal or just a convenient way to scrub Harris clean of her crypto baggage? š¤š§³
The allegations came to light after Congress stŠ°rted poking around Genslerās hiring of Dr. Haoxiang Zhu as the SECās Director of Trading Š°nd Markets. Dr. Zhu reportedly went out of his way to make sure Gensler felt all warm and fuzzy about his political alignment before landing the job. You know, because nothing says āqualifiedā like, āHey, I agree with your politics! š Need more proof?ā š³ļø
Now, the House Judiciary, Financial Services, and Oversight Committees are digging into whether Gensler has been filling the SECās ranks with ideologically aligned friends. Does this raise serious concerns about transparency in government hiring, or is it just the political elite playing their power games? š²
Related: Crypto Titans Bunker Down Now: Vitalik’s Austerity Vow, Binance $1B Bitcoin Shield
Harris’ Big Problem: Will She Cut Gensler Loose? ā
Letās not forget, Gensler isnāt just anyoneāheās Harrisā problem now. With Democratic donors already calling for his head, Genslerās antics are making it harder for her to navigate Wall Streetās stormy waters. š
And donāt evŠµn get us started on the crypto world. Genslerās beŠµn burning bridges with the industry faster than you can say āblockchain,ā while Harris, likely bracing for 2024, is left holding the bag. Will she cut him loose in a slick political move, or is she sticking by him until the bitter end? šæ
This brings us to the million-dollar question: Is Gensler under investigation because he really did something wrong, or is this just Washington D.C.ās version of āSurvivor,ā where everyoneās trying to outwit and outlast? After all, if Gensler is the villain here, Harris gets to play the heroācleaning house and winning back both Wall Street and crypto. š¦øāāļø
But what if this is all just political smoke and mirrors? What if Genslerās so-called āfavoritismā is really just a pretext to get him out of the way and clear Harrisā runway for the 2024 election? Are wŠµ really concerned about ethics, or is this a strategic maneuver to ensure Harris doesnāt have to answer uncomfortable questions about her crypto-regulator-in-chief? š¤Ø
Welcoming to the stageā¦ā¦. š¤ pic.twitter.com/9EP3rBlWLf
— Gary Banking (@GaryBanking) September 11, 2024
The Great Political Reset? š
With the 2024 elŠµction looming, Harris canāt afford to have Gensler dragging her down. After all, itās hard to win over voters when the person regulating their finances is busy ticking off everyone from Bitcoin enthusiasts to Wall Street billionaires. The question is: Can Harris afford to keep him, or will she throw Gensler under the proverbial bus to save herself? šš„
If she dumps Gensler now, itāll look like sheās taking a strong stand against corruption and biasāwho wouldnāt love that headline? But if she waits too long, the stink of favoritism might cling to her campaign like a bad crypto investment. šŖšø
Orchestrated Power Play or Legit Gensler Investigation?
SŠ¾, is Genslerās investigation a serious concern, or is it a brilliantly orchestrated power play to remove Harrisā political baggage? šµļøāāļø Is the SEC really in trouble, or are we just witnessing a good old-fashioned D.Ń. takedown to give Harris a clean slate before 2024?
The political winds are shifting, and Gensler is caught right in the middle of the storm. Stay tuned, because this drama isnāt over yet. š¬š¼
Disclaimer: This article was not written undŠµr the influence of political favoritism, crypto regulations, or anyoneās political baggage. Any resŠµmblance to actual power plays is purely coincidentalāunless itās not. š
Weekly Meme Digest #1 SBFās āEx-cuse Meā Plea: A Crypto Comedy of Errors
Satirical Satoshi
In the grand saga of crypto scandals, Sam Bankman-Fried’s appeal for a retrial stands out like a Ńarticularly spicy meme coin. It’s a tale of alleged bias, questionable legal tactics, and a whole lot of drama.
Ladies and gentlemen, pull up a chair, grab your popcorn šæ, and let’s dive into the latest twist in the FTX soap opera: Sam Bankman-Fried (SBF) is back, and he wants a retrial. Yes, you heard that right. Just when you thought the FTX saga couldnāt get any spicier, SBF throws a Hail Mary, claiming that the judge in his case wasnāt playing fair. šÆ
Crypto ‘LegŠ°l Drama’ Continues
Apparently, Judge Lewis Kaplan was too “mean” to him. š According to SBFās very serious 102-page appeal, the judge made ābiting commentsā and āderidedā his defense in front of the jury. Because clearly, sarcasm in a courtroom is the real crime here, right?
But wait, thereās more! The timing of this appeal is chefās kiss šājust days after his ex-girlfriend Caroline Ellison pulled the āI was manipulated by this man-childā card in her own plea for a slap on the wrist.
So letās break this down: SBF claims he didnāt commit fraud (because, cāmon, who even lost any money?), and Caroline claims she was under his evil spŠµll, despite definitely knowing how to balance a checkbook while running Alameda Research into the ground. š§® But hey, we all make mistakes, right? š¬
Crypto ‘Love Story’ Turns Sour
Exhibit A: The “Not-So-Evil” Exchange š¦ SBFās defense hinges on the idea that FTX wasnāt really insolvent. Nope, just a slight misunderstanding! Sure, billions vanished into thin air like a David Copperfield trick, but thatās no reason to panic! Weāre all gonna get our money backā¦ eventuallyā¦ probablyā¦ maybeā¦ šš¤·āāļø
Exhibit B: Caroline, the Victimā¢ š Meanwhile, Carolineās legal team is out here painting her as a poor, fragile soul who was just trying to make sense of it all while being manipulated by SBFās mind games. “He told me to take Adderall to perform better!” she cries. We can only imagine her diary: “Day 32: Sam ghosted me again. Also, we may have committed fraud. Whoops.” š¢š
But letās be real hereāis this manipulation or just bad dating advice? Crypto bros, take note: encouraging your significant other to pop some pills might backfire, especially if youāre running a multi-billion-dollar scam. ššø
Thought-Provoking Questions
- Was Caroline really a pawn in SBFās grand game of crypto chess, or did she just realize too late that the king was about to topple? āļø
- Why is it always the exes who turn stateās evidence? Is this a lesson in crypto and relationships? š
- If FTX wasn’t insolvent and no one really lost money, why is everyone still mad? š§
- Should we be more concerned about the billions in lost investments or the fact that someone as smart as Caroline couldnāt see the red flags in SBFās texts? š±š©
The Never-Ending DramŠ°
Exhibit C: The Media Circus š¤” Ah, the mediaāalways there to fuel the fire. Carolineās team threw shade at The New York Times and Michael Lewis for publishing SBFās love letters, claiming they prejudiced the case. I mean, who wouldnāt be interested in a romantic subplot when billions are on the line? ā¤ļøš
Meanwhile, Caroline has been doing some top-notch volunteer work since the FTX fallout. Soup kitchens, literacy classesābecause when life gives you lemons (or prison sentences), you give back to the community. šš¤²
šø According to rŠµports, investors lost $1.7 billion, Alameda lenders $1.3 billion, and FTX customers a staggering $8 billion! š±
— The Asset Gazette (@TheAssetGazette) March 29, 2024
SBF apologized, but prosecutors labeled FTX as built on "pervasive criminality."
The drama didn't end there… #CryptoLosses #FTXFail #SBF pic.twitter.com/qXX6jCVGwq
Whatās Next? Carolineās sentencing is coming up, and all eyes are on Judge Kaplan. Will he be lenient, recognizing her as the true victim here? Or will he deliver another biting comment to match SBFās appeal? š Stay tuned, folksāthis crypto drama isnāt over yet.
Disclaimer: No crypto bros were harmed in the making of this article. All claims of manipulation should be taken with a grain of salt (or an entire Adderall prescription). FTX, SBF, and Alameda ReseŠ°rch are not responsible for your lost investments, poor dating choices, or tendency to ghost. Proceed with caution in both crypto and love. š
People who have Bitcoin but never post anything pic.twitter.com/kHqxLWMWUD
— naiive (@naiivememe) September 11, 2024
šØ And Thatās a Wrap, Meme Fam! šØ
Well, crypto warriors, weāve reached the end of this weekās Meme Digest, and what a ride itās been! From SBFās courtroom drama to Trumpās DeFi reality show and Gensler being investigated (by the very people heās supposed to regulateāchef’s kiss š), this week has been a wild crypto rollercoaster with no brakes. š¢šø
But seriously, how many plot twists can the crypto world throw at us before we start questioning reality? Will SBFās ex-girlfriend get the last laugh? Is Trumpās crypto play just another distraction? Will Gary Gensler be around long enough to hit āsendā on his next subpoena? š¤ Stay tuned, because these sagas are just getting started.
Thought for the Week: If the people meant to protect us from chaos are now the ones causing it… whoās watching the watchers? š§
Thanks for joining us this week, folks. We appreciate you hodling through the memes, the madness, and the occasional moments of brilliance. Buckle up, because next week is bound to be just as unpredictable! šæš„
In the meantime, donāt forget to follow The Shib Daily for your daily dose of crypto updates, hot takes, and, of course, more memes to keep you entertained:
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Stay savvy, stay skeptical, and as always, stay meme-tastic! š
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YONA GUSHIKEN
Yona brings a decade of experience covering gaming, tech, and blockchain news. As one of the few women in crypto journalism, her mission is to demystify complex technical subjects for a wider audience. Her work blends professional insight with engaging narratives, aiming to educate and entertain.
