Yo, welcome to The Seek. Now if you are seeking crypto news to cringe memes you're at the right place. We are still feeling pain in the bear market so let me sum the week up for you 👇

Here is what to expect today:

• Bitcoin Fails To Produce 1 Block

• Quant Moons Up 100%+ in 1 Month

• Important dates for the week + Fear & Greed Index

• The weekly meme :)

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BITCOIN FAILS TO PRODUCE 1 BLOCK

On Monday, It took Bitcoin Miners over one hour to mine a crypto block. This is way higher than the normal 10-minutes it takes to produce 1 block 😰

Many people were affected by this incident, in the 1 hour of downtime ≈13,000 transactions were halted due to the block not being produced.

Is this the end of Bitcoin? No, this happens more often than you would think, yet, the news is putting a negative connotation on it. Tadge Dryja, the founder of the Lightning Network, stated his opinion on the matter.

QUANT MOONS 100%+ IN 1 MONTH

Holy Guacamole! Quant has been on a rocket heading straight to the moon being up 100%+ in 1 month. I thought I was a genius when I sold up 40% of my investment 😭

Why has Quant been going parabolic? 

1. The SEC and XRP Lawsuit

2. Government growing fawned of CBDCs

3. Founder is plugged into everywhere

The SEC and XRP lawsuit may seem totally irrelevant but it's not. Quant is banking related and since people believe XRP may win the lawsuit most banking cryptos are skyrocketing 🚀

Governments are beginning to see the reason for CBDCs and Quant is a major player in this scene as they provide interoperability between each country's CBDC.

The founder of Quant, Gilbert Verdian, is tapped into everywhere. He was a member of the U.S. Federal Reserve and has experience at MasterCard, Earnest & Young, and is involved with tons of cybersecurity companies.

IMPORTANT DATES FOR THE WEEK + FEAR & GREED INDEX

• 10/26/2022 - The Seek Newsletter

THE WEEKLY MEME

That wraps it up, stay tuned for next Wednesday. If you haven't seen last weeks news then you need to check this out 👇

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.