G to the M peeps.
This is CryptoBrew. We tell you to DYOR and take no financial advice from this newsletter. We just grow your brain by an inch.
Ok big brain time.
Here are today’s market moves:
Here's what you need to know:
The Otherside looks pretty good
The much anticipated Bored Ape Yacht Club metaverse - The Otherside - was just released on the Otherside’s Twitter.
Looks pretty good given the short amount of time this was created.
FTX CEO buys 7.6% stake in Robinhood
Sam Bankman-Fried, the CEO of crypto exchange FTX buys over 56 million shares of popular trading app Robinhood. The shares were worth nearly $482 million at market close.
Shares of HOOD rallied 28% in after-market trading. Lately, people have been hating Robinhood. They have been known to sell your trade info to other people who frontrun the trade to make money and give you worse prices. They manipulate markets with the order flow data.
Robinhood is basically a data mining honey pot for citadel.
Johnny Depp knows…
Emirates to add Bitcoin as payment service ✈️
The giant airline company is literally taking Bitcoin to the sky. Unofficial sources state that they are planning to add BTC and NFTs as a payment service.
NFTs as tickets? That sounds really interesting. Cancelling plans end moment? Find a new buyer for your NFT ticket!
The Chainsmokers are releasing an NFT
The duo is dropping their new album and an NFT collection with it. With only 5000 of these NFTs, the duo has picked only die hard fans to be eligible for the drop.
So what’s special in this drop?
They come with a special utility: the holders will split a 1% share of the royalties for the entire album + you’ll get to hang out with the band! Never seen artists give out royalties for an entire album!
Crypto sold after one year is tax-free in Germany
Brewers, the Germans are doing it right. We need to shift to Germany ASAP.
According to Blockworks, the official order marks the first time Germany has issued nationwide tax guidance on cryptocurrency. It was crafted in close consultation with the country’s 16 federal states, as well as top financial institutions.
Check this out
Andreas Antonopoulos explaining Bitcoin at $100 to a near empty room in 2013 👇
Crypto lingo of the day
STAKING:-
putting your tokens in to serve as a validator to the blockchain and receive a reward.
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