Bitcoin Soars, Solana Jumps, Memecoins Surge, Worldcoin Faces Scrutiny in Spain

The Zero Byte Crypto Newsletter: Memecoins Surge, Bitcoin Hits New High, and Blockchain-AI Integration

Greetings, crypto enthusiasts! It’s time for your weekly dose of The Zero Byte Crypto newsletter, where we dive into the most significant developments in the world of digital assets.

Crypto Community Embraces New Slogan: “Choose Rich”

Nick O’Neill, CEO of Nifty Portal, may have inadvertently coined a new catchphrase for the binance-faces-pressure-in-nigeria-executives-detained-top-user-data-demanded/” title=”Binance Faces Pressure in Nigeria: Executives Detained, Top User Data Demanded”>crypto community in a recent parody video: “choose rich.” This empowering message stands in contrast to the long-standing crypto mantra of “have fun staying poor.” Will this fresh perspective attract more people to the space? Only time will tell.

Eventful Week in Crypto: Bitcoin Soars, Solana Surges, and More

The past week saw several notable developments in the crypto world:

• Bitcoin reached a new all-time high
• Solana’s price jumped to early 2022 levels as memecoins on its chain spiked
• Sei Labs introduced a new framework to enhance Ethereum’s performance
• Nigeria and Binance are at odds
• Worldcoin faces scrutiny in Spain

This Week in Web3

1. Solana’s price rises to $160, highest level since January 2022 as memecoin mania rises
2. Blockchain startup Sei Labs creates an interesting solution to make Ethereum faster
3. Nigeria demands Binance disclose top users, executives remain detained
4. Worldcoin fails to get injunction against Spain’s privacy suspension
5. Worldcoin says it’s paused services in Spain, after filing legal challenge to temporary ban
6. Bitcoin hits new all-time high of $72,700 but one index warns we’re in ‘extreme greed’ territory
7. NFT platform Zora is offering a novel way for AI model makers to earn money

Market