Year Ender: Top Tweets That Rocked the World of Crypto in 2022

The world of crypto witnessed a lot of turmoil this year. 2022 saw the collapse of Bitcoin prices along with a massive drop in the value of numerous altcoins. The NFT boom not only slowed down, but the floor prices of famous collections also plunged to historic lows.

Following the publication of a report based on Alameda Research’s leaked balance sheet, Binance CEO CZ tweeted that he will be liquidating FTT tokens. It wreaked havoc in the crypto markets. This led to a meltdown that the crypto community had never seen before.
 
The tussle between Twitter and Elon Musk resulted in Musk acquiring Twitter and firing roughly 50% of its employees. This year, we also witnessed Musk posting poll after poll on Twitter, citing “Vox Populi, Vox Dei.” That he will abide by the vote of the majority ( Vox Populi, Vox Dei means the voice of people is the voice of God).

Here’s we have compiled a list of tweets that upended the world of Crypto.

Tweets That Rocked the World of Crypto in 2022

1. FTX: The Beginning of the End

Also Read: Is FTX Crash An End Of Crypto? Here’s How A Multi Billion Dollar Scam Unfolded

2. Terra Crash

Terra began 2022 as a prominent project in the crypto market, with its LUNA coin ranking among the top ten cryptocurrencies by market capitalization at the start of the year. However, the project collapsed in May as its stablecoin, TerraUSD (UST), lost its peg to the US dollar.

3. ‘Dogefather’ Elon Musk Bought Twitter for $44 Billion

4. Ethereum Merge

In September 2022, Ethereum made the much-anticipated switch to a proof-of-stake (PoS) consensus mechanism, thereby ending proof-of-work consensus on one of most popular blockchains.

5. Three Arrows Capital Files for Bankruptcy

Three Arrows Capital (3AC) formerly a multibillion-dollar hedge firm, declared bankruptcy in July, reportedly influenced in part by Terra’s collapse.

6. Bitcoin’s Price Tumbled

7. Celsius Abruptly Halted Withdrawals

Also Read: Year Ender: 25 Best Crypto Jokes & Memes of The Year 2022