Power Crypto Club
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Here is my own debrief about bullsh** news from yesterday.

In morning, Auditor Mazars suspends all work with #Crypto exchanges Binance, KuCoin and Cryptocom, causing people to panic and start withdrawing assets.

In afternoon, Bank of International Settlements announces a new policy that allows banks to hold 2% of reserves in #Crypto

👉🏼It i s clearly Binance that was targeted by this announcement which was amazingly too far overhyped and in just a few hours!!!

👉🏼After all, it was a just a fair payback for Binance's Chinese CEO, Changpeng "CZ", who last month purposely caused FTX to collapse, forcing his American rival Sam Bankman-Fried to file for bankruptcy.
Bankrupt #crypto companies 2022-2023:

• Three Arrows Capital
• Celsius Network
• Terraform Labs
• Voyager Digital
• Core Scientific
• Babel Finance
• Hodlnaut
• Genesis
• BlockFI
• Zipmex
• FTX

👉 The good news is still not the end of the world as announced a thousand times this year by the media and paid influencers! 😃

👉 Total Crypto Market Cap is back to $1 Trillion, and $BTC Surpasses JP Morgan and Tesla market cap. 😂🔹
SCALE LOG: Healthy and Derived Uses...

👉 Beware of the use of the logarithmic scale by many analysts, unfortunately not always wisely and often distorting their analyzes!

Here is a VDO in French but you can add subtitles with the English language option on Youtube.

🇫🇷 www.youtube.com/watch?v=els5sa_u_Ps
#Crypto YouTubers and social media influencers sued for $1 billion in a class action lawsuit for promoting #FTX.

💥 The lawsuit is centered around the promotion of the exchange by these influencers. Stating their endorsement came “without disclosing the nature of any payment or compensation.” Subsequently, among those being sued, including Erika Kullberg, BitBoy Ben Armstrong, and “Meet Kevin” Kevin Paffrath.

⚠️ There have also been many crypto media that have regularly promoted #FTX...
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🤡 SEC Chairman, clown Gary Gensler, says Silicon Valley Bank's collapse was #crypto related. 😂
🇺🇸 Bank of America says US dollar global dominance is not under threat and #BRICS, #Yuan & #Crypto are not alternatives.

Translation: US dollar global dominance is under threat and #BRICS, #Yuan & #Crypto are alternatives. 😁
Phantom Wallet

Multichain wallet helps you explore #Web3, use Aapps, and Buy, Store & Trade #Crypto & #NFTs across #Solana, #Ethereum & #Polygon

🌐 https://phantom.app/