Top crypto tweets of the day – November 21st

JUST IN: JPMorgan officially registers a #cryptocurrency wallet trademark.

— Watcher.Guru (@WatcherGuru) November 21, 2022

J.P. MORGAN WALLET is now a registered trademark for:
▶️ Virtual currency transfer + exchange
▶️ Crypto payment processing
▶️ Virtual checking accounts
▶️ Financial services

The USPTO granted the #JPMORGAN application on Nov 15#NFTs #Metaverse #Crypto #Web3 #NFT #Finance pic.twitter.com/Qg2wSeqtFf

— Mike Kondoudis (@KondoudisLaw) November 21, 2022

At the time of this tweet 👇, @Binance had 5900 people. Today we have 7400+ people. Targeting 8000 or so by end of year.

Hiring continues. https://t.co/p69p5aqrXe

— CZ 🔶 BNB (@cz_binance) November 21, 2022

BREAKING‼️ – Coinbase confirms that it holds ~635K #Bitcoin on behalf of Grayscale Bitcoin Trust and that they are secure.

— Bitcoin Archive (@BitcoinArchive) November 21, 2022

According to court documents, FTX’s new CEO, John J. Ray III, was paid $1,300 an hour, billed at least monthly. John J. Ray III was also the bankruptcy reorganization leader for Enron. https://t.co/MwuZGGQEyt

— Wu Blockchain (@WuBlockchain) November 21, 2022

It’s a Bitcoin miner bloodbath.

Most aggressive miner selling in almost 7 years now.
Up 400% in just 3 weeks!

If price doesn’t go up soon, we are going to see a lot of Bitcoin miners out of business. pic.twitter.com/4ePh0TIPmZ

— Charles Edwards (@caprioleio) November 21, 2022

What we are seeing is not sustainable. Mine-and-hodl is not a viable strategy as a Bitcoin miner. Miners are paying the consequences of the "never selling" arrogance widespread just 6 months ago.

You need to manage (trade) your Bitcoin position constantly in this market.

— Charles Edwards (@caprioleio) November 21, 2022

Just cleaned out mostly ones that weren’t following me. Still following lots of crypto

— Mark Cuban (@mcuban) November 21, 2022

With the market capitalization of all #crypto tokens below $793 billion, the value of the two largest dollar-backed stable coins represents 14% of the market. That’s 80% of the value of #Etherum, the 2nd largest. Soon the value of stable coins will exceed the value of #Bitcoin.

— Peter Schiff (@PeterSchiff) November 21, 2022

Solana token dying, Solana NFTs coming alive? pic.twitter.com/bb1UXcWcSo

— Nansen Intern 🧭 (@nansen_intern) November 21, 2022

1/ With @FTX_Official gone…where is its activity migrating? pic.twitter.com/GtiUmEcV0N

— Messari (@MessariCrypto) November 21, 2022

2/ Even with market migration into different venues the overall market saw a 43% decline in aggregate interest.

Prior to its collapse, @FTX_Official accounted for about 25% of global perpetual open interest. pic.twitter.com/eYWfvWMtZD

— Messari (@MessariCrypto) November 21, 2022

3/ @binance was the main beneficiary of the @FTX_Official collapse, gaining 9.6% in market share.

DeFi failed to capture any meaningful volume in the fallout continuing to hover around 3%.

A limiting factor for DeFi’s ceiling remains expensive transactions and slow block times. pic.twitter.com/b4kh0Bbbxe

— Messari (@MessariCrypto) November 21, 2022

CEO of CME says he told SBF he was an “absolute fraud” in March https://t.co/MxJcrAr2ZS

— Frank Chaparro (@fintechfrank) November 21, 2022