Qrafty heard that Gensler caved on Bitcoin, you can buy penguins in Walmart and... mining Bitcoin with gas?

***Qrafty smiling the biggest smile*** Aloha, crypto curious! I am Qrafty - the crypto lovin’ honey badger 🦡 !

Welcome to Coinqraft – the daily crypto newsletter for busy but curious people who don’t have time for the crypto drama!🌟

🦡   Qrafty has fresh bits from the crypto jungle, so let’s dive in: 📰 🌟

1. Gensler Admits: Bitcoin Isn’t A Security

2. Penguins Are In Wallmart

3. Moneygram Becomes Fiat Ramp

Bonus: HSBC will accept crypto as payment. Rug them?

A Case Of Pudgy Penguins

In the cute and frozen world of Pudgy Penguins, where pixels meet playfulness, a frosty revolution is underway! These NFT-famous 🐧, known for their quirky charm, are breaking free from the digital realm and waddling into 2,000 Walmart stores. 🛒🌐

As the holiday season twinkles on the horizon, Americans can venture to Walmart or embark on a digital adventure through the Walmart website to adopt their very own penguin pal. These dapper birds come with an array of outfits, some even flaunting Giraffe-skin flair for those with eccentric tastes. 🦒❄️

Luca Netz, the offbeat CEO of Pudgy Penguins, couldn't contain his delight. He exclaimed, "Walmart’s inclusion of Pudgy Toys in their stores is a testament to the evolution of how consumers engage with brands in the digital era. The team spent years developing the Pudgy brand and fostering our community through social media and the blockchain; we’re thrilled to expand our reach with the support of Walmart!" 🎢🎉

Before this frosty coup, Pudgy Penguins made their grand debut on Amazon, raking in $500,000 in sales. From cuddle-worthy plushies to pint-sized collectibles, they waddled their way into the hearts of collectors. 💰📦

But the fun didn't stop there! On the Pudgy Penguins website, an ice-cool shop awaited explorers, brimming with more penguin magic. 🏪🐧

Their chilly success story, a tale of $400 million in "digital collectible sales" since 2021, rippled through the NFT world. While skeptics doubted NFT collections, Pudgy Penguins were the triumphant 5% that transformed from Web3 to 3D, leaving flippers and critics in awe.

And the pièce de résistance? NFT holders rejoiced, for every Walmart sale meant a jolly royalty payout, a sweet reward for their pixelated prowess. 💸🎁

In the heart of this frozen frenzy, Pudgy Penguins had truly flipped the iceberg of convention. They are a beacon of playfulness, merging blockchain with boundless imagination in the physical realm. And so, the quirky penguin saga wobbles on, leaving a trail of smiles, royalties, and flippers in its wake! 🐧❄️🛒

🙃 Qrafty hopes that today’s main story brought brave badgery value to you! 😇 

Moneygram Becomes Crypto Fiat Ramp

💼 MoneyGram, this big money transfer company, is cooking up something. They're creating a digital wallet, and they're going to reveal it at a special conference.

💡 What's really nifty is that this wallet will let you easily switch between regular money and USDC, the stablecoin they use for navigating the crypto world.

So, if you have digital money in your wallet, you will be able to visit certain MoneyGram spots and they'll trade it for real cash. It's like turning your magic internet money into physical bills! 💸

📲 You can even send your digital money to friends right from the wallet, like texting them cash. Think Venmo, but for cash AND crypto. MoneyGram will be keeping things safe and ensure the stability and security of the platform, so that you have at least a sense of safety from the centralized entity. 🔒🛡️

🔄 They've already done something neat before, making it easy to switch between regular and digital money for special wallets. When this new wallet comes out, they're letting people use it for free at first.

🗣️ The big boss at MoneyGram, Alex Holmes, is super stoked about this, obviously: "We're redefining paradigms around what it really means to move money between fiat currencies", says he.

💭 Qrafty is pretty tired of all the CEO’s who want to change the world and end up as total frauds. Just make the product work, dude, that’s all. You’re already centralized, that’s enough risk as it is.

Oil Giant Will Mine Bitcoin

🌍💡 In the U.S., oil companies are teaming up with cryptocurrency miners to cut emissions and put stranded natural gas to good use. They're using state-of-the-art mobile setups to mine cryptocurrencies, a move that not only benefits the environment but also reduces waste.

🛢️⚡ Major players like Equinor and Enerplus are leading the charge to minimize flaring and promote cleaner energy. Government policies might further boost this green initiative. It's an unexpected but powerful partnership between crypto and oil, all in the name of a greener future! 🤝💰

Ha, gotcha there, didn’t I? Qrafty is sneaky sometimes 🙂 It’s MONEY! It’s all about money, the greener future is just the PR stunt. Bitcoin mining is the perfect use case for that gas they would’ve burned and sent into the atmosphere. That’s the whole point!💰💰

Bitcoin Isn’t A Security, Gensler Admits

US Congressman to SEC Chair Gensler: "You have serious questions to answer to the public and to congress, and we intend to get your compliance." Also: "We can do it the easy way, or the hard way."

SEC Chair Gary Gensler says #Bitcoin is not a security, but refuses to say it's a commodity. You can literally see the pain in his heart as he screeches to admit that Bitcoin is not a security. Bureaucrats decide our financial future, unfortunately.

But also, Qrafty must agree with Gensler that crypto is full of fraud and scammers… and would also like to mention that TradFi is also filled with fraud and scammers.

It’s sad to see the irrational people disconnected from the reality of the time deciding these things.

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Tomorrow is like a mystery box of life's surprises, and whether it brings laughter or lessons, it always keeps us guessing! 🎁🤔

Qrafty’s thougt of the day

Other stories

HSBC will accept crypto for mortgage

It sounds so weird it seems unreal. Guess what, folks? HSBC, the British banking titan, will accept your magic internet coins as payment for your mortgage and loan payments! Yep, they've joined forces with FCF Pay, the blockchain payment wizards. Time to pay off that mortgage with a sprinkle of digital magic!

UAE is the place to be for crypto

A recent Chainalysis report highlights the UAE as a leading pro-crypto hub, crediting its government and key cities for their strong push towards innovation. Aside from that, they mentioned that Middle East and North Africa are the fastest growing markets for crypto related ventures.

Circle launches native euro stablecoin on Stellar

Circle and the Stellar Development Foundation (SDF) announced that EURC has officially landed on the Stellar network. Just like USDC, EURC is a stablecoin backed by real euros, and you can always exchange it 1:1. 💶 This is all thanks to a full-reserve model ensuring complete reliability.

This launch marks Stellar as the third chain where you can now use EURC.💫

Market Whispers

Not a very good picture of Bitcoin today. Started the day pretty good, from $26,220 until It reached $26,850 where the fun stopped.

Actually it was good if it just stopped and ranged a bit there, but no...the bear fun started and went back to $26,100 in just two 1h candles. Cool, right? Who needs rollercoasters when you can trade Bitcoin and get the same "out of breath" feeling.

Maybe a bit of anxiety too :) Qrafty really thought that it was wrong yesterday, saying that we might retest $24,800. But looking at the daily candle now...if bulls don't push it a bit towards the end of day, Bitcoin red, Qrafty sad 😔 Oh no!

Don't get me wrong, Qrafty loves to play the market in both directions (in case you didn't know a Badger is half bull / half bear), it's just there such a small range lately...

Qrafty ends channeling his inner trader.

Today is INTERNATIONAL WEEK OF HAPPINESS AT WORK!

That’s all from Qrafty 🦡 for today! Qrafty thanks you and wishes you to live each moment as if you are listening to the music you love most!

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