Bitcoin kisses $35K

Bitcoin Rally, Fake News From WSJ

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The Boys

Writer: Deana

Bitcoin Rally. Get your laser eyes ready babes. Your favorite hard money is back in the headlines, after a fun week of price action. Bitcoin kissed $35K for the first time since the heady days of May 2022, when we were so young and so dumb. Rumors are she rallied after a ticker symbol representing Blackrockā€™s hotly anticipated Bitcoin ETF was spotted on a list from the Depository Trust and Clearing Corporation, signaling an approval may be coming soon. Digital assets under management are also up. Are we s* b**k? (We promise thatā€™s the very last time weā€™ll ever use that phrase.) 

Fake News From WSJ. Look, the crypto industry gets enough (deservedly) bad press as it is. We donā€™t need a pile on of fabricated hot takes on top of what weā€™re already dealing with. But hey ho to the Wall Street Journal we go. This week, a WSJ report about crypto terrorist funding was published, filled with holes and inconsistencies. The WSJ issued a correction, which of course we know no one everyone reads, so nbd. We all know crypto is one of the shittiest ways to finance terrorism programs, given the nature of the blockchainā€™s legibility, transparency and immutability. Check out Ria Bhutoriaā€™s explainer for the receipts, and keep tabs on Nic Carterā€™s bounties for open-sourced analysis of the facts surrounding the WSJ reporting.

@qubozoa_

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