Because there's nothing more important in life than the Crypto Space, welcome to the Ghostfi™ newsletter!

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Here’s what we have for you today:

• First Republic Bank seized, sold off to JPMorgan

• Uniswap's Liquidity Pool for PEPE Meme Coin Jumps to the Top of the Charts

• MicroStrategy Suggests Possible Bitcoin Sell-Off as It Sells Its Shares

• Former Coinbase tech chief sets $1 million in Bitcoin ablaze to settle a bet and sheds light on the burning issue of the fiat crisis

• Rookies’ Corner

First Republic Bank seized, sold off to JPMorgan

It kind of warms the heart to see a bank like First Republic finally getting what it deserves. I mean, sure, they used to be the envy of the banking industry, with their fancy branches and exclusive clientele of wealthy elites. But now, they're reaping what they sowed with their risky business model of catering only to the rich.

It's ironic to see their loyal customers pulling their money out at the first sign of trouble, truly showing their dedication to their own fears. And isn't it a little shady how First Republic tried to save itself by selling off unprofitable assets and laying off a quarter of its workforce? Too little, too late.

However, in rides JPMorgan Chase to the rescue once again! It's not like they're already too big to fail or anything, right? And it's just so heartwarming to see them benefiting both the financial system and themselves with this deal. Who cares about the potential Democratic focus on their size? It's not like they're breaking any laws, right? And it's not like taxpayers are funding this whole thing - it's all on the banks themselves.

So let's all just sit back and enjoy the show as JPMorgan adds another $500 million to their net income per year, while First Republic becomes just another footnote in banking history. Just another day in the world of finance! 📈

Uniswap's Liquidity Pool for PEPE Meme Coin Jumps to the Top of the Charts

Move over Dogecoin and Shiba Inu, there's a new meme coin in town! PEPE, based on the beloved "Pepe the Frog" meme, has hopped its way into the hearts of crypto enthusiasts, with a whopping 2,100% price increase since its debut last month. The Uniswap liquidity pools for PEPE-WETH have been so hot, they're practically on fire, raking in almost $900,000 in fees. But watch out, traders, there's a slippery slope ahead - the recent lack of liquidity left some feeling like they got a nasty frog bite. Still, PEPE's trading volume has croaked the competition, leaving Dogecoin and Shiba Inu in its dust.

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MicroStrategy Suggests Possible Bitcoin Sell-Off as It Sells Its Shares

Michael Saylor, the crypto-crazed CEO of MicroStrategy, is in hot water as his company's $2.1 billion debt used to buy Bitcoin is biting back. MicroStrategy's latest Q1 earnings report has revealed that their revenues from their analytics business are not sufficient to cover their debt obligations, forcing them to consider selling their bitcoin or issuing more shares.

Saylor has even joked about using Bitcoin as collateral for more debt - because who needs a stable financial foundation when you have crypto, right? With their analytical business taking a hit, the company may be forced to sell its 140,000 bitcoins to pay its debts, potentially sinking the price of bitcoin. While institutional investors don't seem worried yet, Saylor's Bitcoin addiction may soon become a liability.

Former Coinbase tech chief sets $1 million in Bitcoin ablaze to settle a bet and sheds light on the burning issue of the fiat crisis

Balaji Srinivasan has donated $1.5 million to charity and BTC core developers, settling a bet he made in March on the future price of Bitcoin. He bet on the buzz of "hyperbitcoinization" to sweep the financial markets, hoping it would land blows on fiat currency as it heads towards hyperinflation. He even coined the term "hyperbitcoinization" to describe this potential mass adoption.

If BTC failed to hit $1 million within 90 days, Srinivasan had to pay $1 million in USD Circle. But, he settled the bet ahead of time by donating even more than he committed. He donated $500,000 to Give Directly, $500,000 to James Medlock, and another $500,000 to BTC core developers.

Srinivasan did all of this to send a signal that there's something wrong with the economy and that it's not going to be a 'soft landing.' He is among those who believe that Bitcoin will be a safe haven to counter fiat inflation when things get bad. According to him, the American economy will hit hyperinflation, making Bitcoin a safe haven, and has estimated a potential BTC market cap of $19.3 trillion. Who knows? Maybe he's right, and we'll all be living in a world of hyperbitcoinization soon.

Rookies’ Corner

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Official MetaMask Learn Lesson 4.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.