Daily Crypto NewsEDITION #606, 06 October 2022

Everyone whines about the recession, but everyone imagines it?

Hey Moni Maker 👨‍💻

Today, in 1889, they opened the Moulin Rouge cabaret in Paris. Since then, "Moulin Rouge" has become a household word, but you know what it means without us. People love entertainment, but... where could be more fun than iт crypto? You've got pepes, memes, and rektos, and you can make some money too. 

So, gentlemen know-it-alls, leave the Moulin Rouge to yourself. NFTs are cooler. Let's go! 

Let's go! 

Fate makes you us write clickbait headlines and, at the same time, understand economics. Let's look at this economic space with a cool head? 

There is an economist named Laurence Kotlikoff, who teaches at Boston University. He recently suggested that in times of crisis, people may feel poorer because of media influence, even if nothing has happened in their lives. 

“I don’t think we’re in a recession now, or have we been for the last six months, because unemployment is still very low. If you look at the facts, there’s no evidence of recession. Yet everybody in the newspaper
is writing about a recession. Bad news sells.”

Kotlikoff even has an article called "The Big Con" about how the last recession happened because people convinced themselves of it. 

Ok, bro! Have you already used our Moni Twitter Bot? If not, grab this link to try, but…we have something cooler for you. Something for lazy people who don’t want to do deep research and spend time on Twitter and other social media. For people who want to get everything on a silver platter :)

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#MoniWizards 

Ok, we got it. The official ann from EU tells Russian Citizens will not be able to use European crypto services. We've met a 10k limit before but for now there is no limit...there is just no permission at all. 

Does Binance belong to EU wallets and services? No. But Binance followed sanctions against Russia later in March. So we should wait for official anns ofc. 

HODL Hodl/Hodler - slang definition of those who buy cryptocurrencies and keep them no matter what happens.
 

And more you can find in our Glossary!

– Cryptocurrency exchange Coinbase launches unit in Australia

– Web3 has its first ready-to-use product, Daoversal

– Former U.S. presidential candidate becomes advisor to Web-3 platform Pool Data

– Crypto ATMs a popular target for cryptocurrency fraudsters to withdraw funds - FBI

– ​Elon Musk will buy Twitter for $44 billion after all

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