Durov is "arrested" - Musk is the last man standing | Solana ETF Rejected


Well Alrighty then!!! Happy Monday.

👋 Is your boy Vlad, writing this from a both cloudy and a sunny morning in Bangkok,

and here is a picture of how the new world financial hubs look like at night

Asia is up and coming - Europe ....meh

SO Whats UP?

Last 2 weeks were simply.....boring !!!!

But then....there are few things that are on our radar this week:

  • Telegram's CEO arrested
  • Boring Zone vs Banana Zone crossover
  • The Everything list for Crypto

"Man down" vs "Last man standing"!

This is not directly connected to the crypto, blockchain and tech news, but on the other hand, it is absolutely connected.

Why is it important for the tech and crypto community:

1. He is the "one man army" at Telegram, the second platform after Twitter where the crypto, and tech community lives.

2. Lowkey the man behind the TON blockchain, which this bull market is leaning on. Starting with Notcoin and the other TAP games and telegram projects.

3. Leads us to our next headline 👇


Musk with X - is the last man standing!

Just 10 days ago, Real Life IronMan Elon Musk shared a guide on correspondence etiquette with the same group of bureaucrats that now "got" Durov.

twitter profile avatar
Elon Musk
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@elonmusk
To be honest, I really wanted to respond with this Tropic Thunder meme, but I would NEVER do something so rude & irresponsible! https://twitter.com/ThierryBreton/status/1823033048109367549
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Thierry Breton
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@ThierryBreton
With great audience comes greater responsibility #DSA As there is a risk of amplification of potentially harmful content in 🇪🇺 in connection with events with major audience around the world, I sent this letter to @elonmusk 📧⤵️
8:16 PM • Aug 12, 2024
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And I love it :)

This is the new way of doing official correspondence!

There are a lot of warnings and a few open cases against Musk in the US, but yet to see how EU react.


Boring zone vs Banana zone - Where are we?

That was the mood last weekend and the week before:

The main reason is because we're in the "boring zone."

This zone is where nothing exciting happens and is usually followed by the banana zone (where we all want to be).

The facts:

  • Bitcoin: 5-month downtrend/sideways since mid-March
  • Altcoins: Bleeding out since March (FTM -70%, DGEN -93%, INJ -66%)...
  • Ethereum dominance is dropping.
  • The SEC has rejected two Solana ETFs despite political efforts to attract crypto users
twitter profile avatar
TheHitch
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@thecrypto_hitch
Is it OVER for Solana ETF's? https://twitter.com/TheCryptoLark/status/1825872948797775959
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twitter profile avatar
Lark Davis
@TheCryptoLark
The SEC has rejected Cboe's Solana ETF filings. Looks like the SEC is trying to label $SOL as a security. If $ETH isn't a security If $XRP isn't a security What makes $SOL a security?
10:29 AM • Aug 26, 2024
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And there might not even be an altcoin season this bull run 🥲 ??????

Now, this “boring zone” could extend until September… maybe

So when does the banana zone start?

Based on analysis, here’s what to expect before the banana zone:

  • A 40% BTC drop to $42,000 (or we are pass that with the $54K drop 10 days ago?
  • An inverse head-and-shoulders pattern

And then, BTC will breakout to $300K or more ?

But when?

Maybe late 2024 or early 2025… who knows 🤷

But here are the signs:

  • Keep your eyes on the Fed. A rate cut could be the match that lights this rocket.
  • US Elections and the qualitative easing (printing)

The "Everything" List for Crypto

After a grueling 164 hours and 12 minutes of research, the BCA Labs team has come up with a HUUUGE list of platforms, tools, and agencies used by successful brands.

  1. Community Growth
  2. Marketing
  3. Project Development
  4. Recruitment and Funding

I call this the "Everything List" because it links essential resources and information for crypto business owners in one place. (btw. still work in progress)

What do you think is missing from the list that is crucial for crypto success?


And for no reason whatsoever, here is Tom Cruize dance from that Meme Musk "almost" sent to EU commissioner.

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Aquel Cine
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@aquellatv
12:0 AM • Sep 15, 2022
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😉 See you all next week... !

Great job, awesome readers. See you in the next one, and in the meantime stay sharp!


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