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Another year in the crypto space is almost over. As usual, Twitter has been a hotbed of crypto-related conversations during its turbulent years, from the fall of Terra and his FTX whole situation to Elon Musk’s hijacking of his Twitter, 2022 will be on TV It unfolded like a drama and people didn’t take their seats.
Tweets act like time capsules of the past and can provide memories or record specific historical points.
Here are 10 memorable tweets for 2022.
The crypto space has taken some hits this year. Among them was the collapse of the Terra project. Terra is launching as his popular project in the cryptocurrency industry in 2022 using its LUNA assets. sitting Ranked among the top 10 cryptocurrencies by market capitalization at the beginning of the year.
However, in May, the project fell apart, fueled by the fact that its related stablecoin, TerraUSD (UST), lost its peg to the US dollar entirely. The year included many tweets related to the spectacle, but the following from the project’s head docs are part of a series of events.
4/ Current Situation Review: UST is currently trading at 50 cents, well off its intended $1 peg.
Dogwon (@stablekwon) May 11, 2022
Musk, the CEO of Tesla, has dabbled in the cryptocurrency space from time to time and has frequently expressed interest in Dogecoin (DOGE). In October, he bought his Twitter, named himself CEO, and made big changes to the company. Crypto exchange Binance invested in Musk’s Twitter account and invested $500 million in the social media giant.
birds are released
Elon Musk (@elonmusk) October 28, 2022
Another important company that has gone bankrupt is Three Arrows Capital, or 3AC. 3AC, once a multi-billion dollar hedge fund, filed for bankruptcy in July and appears to have been hit hard by Terra’s demise.
Over the years, contagion has risen to the fore as an important factor in the crypto space. When one company had a negative impact, the ripple effect often spilled over to other players.
We are in contact with the parties concerned and are doing our best to resolve this.
Zhu Su (@zhusu) June 15, 2022
FTX, another major player in the cryptocurrency industry, also collapsed in 2022. A cryptocurrency exchange led by former CEO Sam SBF Bankman-Fried has run into a situation where it does not have enough money to pay what it owes. .
Details emerged after the bankruptcy including mishandling of funds by sister company Alameda Research FTX-related headlines followed the company’s November bankruptcy filing and multiple U.S. government hearings related to the exchange. and so on dominated the second half of the year. At the request of the U.S. government, the SBF said he was detained by Bahamian authorities in December.
3) I thought of myself as a model CEO who didn’t get lazy or isolated.
When I did it made it much more destructive.
sorry. Hopefully people can learn from the difference between who I was and who I was.
SBF (@SBF_FTX) December 9, 2022
Ethereum officially made its long-awaited move to a proof-of-stake blockchain in September, completing a proof-of-work consensus on one of the most popular blockchains in cryptocurrency. Ethereum co-creator Vitalik Buterin tweeted that the event was completed on September 15th.
After the merge, the Ethereum blockchain showed improvements related to block generation, reducing the time required for block verification and increasing the number of blocks generated daily. Shanghai, the next major upgrade of the Ethereum blockchain, is expected to occur in 2023 and will unlock Ether (ETH) staked on the beacon chain.
And we finalized!
Happy merging all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merger a reality should be very proud today.
vitalik.eth (@VitalikButerin) September 15, 2022
The last five tweets on this list are less focused on major events. It just focuses on points of interest related to the crypto space, as evidenced by the tweet format. This is from U.S. Senator Cynthia Ramis, shedding light on cryptocurrency regulation that has become increasingly popular in the industry this year.
Require open source developers to build AML/KYC into node software and hardware wallets? That dog doesn’t hunt.
Cynthia Lumis (@CynthiaMLummis) December 14, 2022
Bitcoin (BTC) had a tough year, falling from almost $50,000 to below $20,000, according to Cointelegraph’s BTC Price Index. Gold advocate Peter Schiff has historically criticized Bitcoin, but the price he mentioned in his Jan. 20 tweet doesn’t seem illogical in retrospect. But will Bitcoin’s price continue to fall further, or is the worst already over? The answer will likely come in 2023.
#bitcoin Finally broke the neckline of the head and shoulders top. Once that level is breached, Bitcoin will complete a massive double top, from which it will very likely crash below $10,000.
Peter Schiff (@PeterSchiff) January 21, 2022
In March, ahead of this year’s bearish, National Football League star Tom Brady tweeted his admiration for Buterin.
What happened to Vitalik! You may not know me but I just wanted to say I’m a huge fan of yours. @sign You couldn’t.i hope i can meet you someday https://t.co/W6PxS5P78M
Tom Brady (@TomBrady) March 19, 2022
MicroStrategy’s co-founder and executive chairman, Michael Saylor, has been the face of the company’s pursuit of Bitcoin acquisition, which has led MicroStrategy to hold 100,000 BTC. Since becoming bullish on the asset, Thaler has often spoken positively about Bitcoin. The events of 2022 don’t seem to have deterred him from cryptocurrencies, according to the December tweet below.
trust #bitcoinnot a person.
Michael Saylor (@saylor) December 9, 2022
Since its inception, the cryptocurrency industry has looked like a rollercoaster of highs and lows. Anthony Pompliano, a well-known figure in the crypto space, tweeted a positive comment later this year to round out the list with positive comments.
The bear market will eventually end, but it could last longer than you think.
If you talk to anyone who has gone through multiple cycles, they will tell you that now is the time to focus, build and learn.
Pump (@APompliano) November 23, 2022
