02 May: Buffett Is At It Again - Will He Ever Learn?


“Refuse failure. No matter how difficult the obstacles, find a way around them.”
-JJ Goldwag

--NO TAX ON CRYPTO PROFITS!--

What a Monday it has been. Publish0x appeared to have some challenges, so now that it's back up let's dive right in. The news that's getting the most attention right now is Bored Apes Yuga Labs Otherside Mint and I'd encourage you to check out each of the articles because of the varied angles reported on. Buffett? He's like a bad dream that won't end. He continues to be annoyed by Bitcoin but as he called it rat poison squared, so what does that make him??? Meanwhile, hackers steal $80MM from Rari Capital's leaning pools but Rari is offering $10M bounty.

ApeCoin is down 8% in the past 24 hours, 14% down in the past week. Be careful playing with these assets because anything can happen. Wikipedia is halting because of ecological impacts of Bitcoin, the possibility of scams, and the fact that the WMF receives such a little quantity of contributions in cryptocurrency when compared to traditional means of payment. 

MOST COVERED

CRYPTO MARKET WATCH

  • Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT (Cointelegraph)
  • Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT (Cointelegraph)
  • Feds Expected to Hike Interest Rate Again as Crypto Market Falters (BIC | ZyCrypto)
  • Majority of Institutional Investors Are Actively Recommending Crypto Assets to Clients, According to Bitstamp Study (TDH)
  • Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May (Coindesk)
  • 2 key metrics point toward further downside for the entire crypto market (Cointelegraph)

BITCOIN

  • Bitcoin Holders Trigger Largest Capitulation In Its History, Bearish Horizon For BTC? (NewsBTCUToday)
  • Fed FOMC comments and Bitcoin ‘bear channel’ could kickstart a decline to $28K (Cointelegraph)
  • This Indicator Says Bitcoin Still Hasn’t Reached A Bear Market Bottom (Bitcoinist)
  • Bitcoin Dominance Rate (BTCD) Creates Triple Bottom Pattern (BIC)
  • Fed ‘will determine the fate of the market’ — 5 things to know in Bitcoin this week (Cointelegraph)
  • Bitcoin retreats toward $38K after Friday sparks losses for 'nearly everything' outside China (Cointelegraph | NewsBTC)
  • These are the BTC price levels to watch as Bitcoin risks worst April on record (Cointelegraph)

ALTCOINS

  • Be[in]Crypto Presents Its Top Six Altcoin Picks for May (BIC)
  • Can Cardano Shatter $3 All-Time High By June Following Vasil Hard Fork? — Here Are The Odds (ZyCrypto)
  • $ADA: In April, Cardano’s Total Number of Transactions Increased by 8.5% (Cryptoglobe)
  • This Whale Buys 143 Billion Shiba, While Already Holding MATIC and LINK (UToday)
  • 110,000 LUNA Bought by Top Whale as Terra Returns as Most-Purchased Asset by Whales (UToday)
  • Solana Goes Down (Again) (UToday | Decrypt)
  • Richest Ethereum Whales Favoring Shiba Inu (SHIB) and Two Metaverse Altcoins Over Rest of Market: On-Chain Data (TDH)
  • 2 Trillion Shiba Inu Whales Grab $9 Million in APE: Report (UToday | UToday)
  • 22.5 Billion SHIB Burned by New Portal Cumulatively, 708 Million Gone in 24+ Hours (UToday | Cryptoglobe)
  • SHIB number of transactions drop to a 12-month low as on-chain activity diminishes (Finbold | BIC)
  • Interest in Polkadot Remains High Despite DOT's Underperformance (UToday)
  • $APE Could Rocket Higher On ‘NFT Hype’ Price Prediction Reveals—As Bitcoin And Ethereum Crash (Forbes | EWN)
  • ApeCoin (APE) Can Now Be Traded with Leverage on Bitfinex (UToday)
  • Apes Gift Ethereans $150 Million (Trustnodes)
  • Avalanche (AVAX) loses 30%+ in April, but its DeFi footprint leaves room to be bullish (Cointelegraph)
  • Two Altcoins ($MOB $NEXO) Are Soaring After Surprise Listings on Crypto Exchange Binance (TDH)
  • Shiba Inu, XRP, APECoin On The Cusp Of A Major Turnaround Even As Bitcoin Risks $27k Bottom (ZyCrypto)
  • XRP price rebounds after worst month since June 2021 — major recovery ahead? (Cointelegraph)
  • This Low-Cap DeFi Altcoin Soared 47% This Week Amid Crypto Market Doldrums (TDH)
  • $BABYDOGE: ‘Over 45% of the Total Supply Has Now Been Burned!’ (Cryptoglobe | BIC)
  • Tron (TRX) Rallies by 10% After Network Celebrates 90 Million Opened Accounts (UToday)
  • PancakeSwap (CAKE) Breaks Out From 309-Day Resistance Line (BIC)

CBDCs/STABLECOINS

  • Decentralized Currency Carry Trading- The trading opportunities for non-USD stablecoins and NZDS grow (BNC)
  • ECB, Eurosystem begins experimental prototyping of digital euro customer interface (Cointelegraph)
  • These Banks Manage the Dollar Reserve Backing TUSD (Bitcoinist)
  • Tether (USDT) Trading Volume Sinks $4.5 Trillion in Quarterly Low (BIC)

ANALYST'S CORNER

Bearish

  • Benjamin Cowen: Crypto Trader Issues Bitcoin (BTC) Alert, Says Capitulation May Be Incoming – His Targets [$36K, $21.6K, $21.4K] (TDH)
  • Michael van de Poppe: Bitcoin ‘bear market’ may take BTC price to $25K, says trader with stocks due capitulation (Cointelegraph)
  • Peter Brandt: Analyst Who Accurately Called Massive Bitcoin Crash Has Bad News for Crypto Traders – His New Target  $28K (TDH | Cryptoglobe | ZyCrypto)
  • Cheds: Top Analyst Maps Out What’s Ahead for Ethereum, Avalanche and Polkadot Amid Crypto Market Correction (TDH)
  • Coin Bureau: Issues Warning on TRON (TRX), STEPN (GMT), Nexo and Another Altcoin As Crypto Markets Teeter (TDH)
  • $GMT Is About To Walk Off a Cliff, Warns Top Crypto Trader (TDH)
  • Bitcoin halving analysis hints at $24K bottom before the end of 2022 (Cointelegraph)

Bullish

  • Mike McGlone: Bitcoin, Ethereum and Solana To Resume Uptrend by the End of the Year, Says Bloomberg Analyst – Here’s Why (TDH)
  • Willy Woo: Bitcoin (BTC) Witnessing Unprecedented Spot Buying Despite Sideways Trading: On-Chain Analyst Willy Woo (TDH | Cryptoglobe)
  • Michael van de Poppe: Big Setups for Cardano, Chainlink and Fast-Rising Ethereum Rival Are Now Forming: Top Crypto Analyst (TDH)
  • InvestAnswers Host: “There’s Only One Hard Asset on This Planet” and “That’s Bitcoin” (Cryptoglobe)
  • Altcoin Sherpa: Crypto Analyst Says One Ethereum Rival Carving Bottom, Predicts Rallies for Cosmos (ATOM) and The Graph (GRT) (TDH)
  • Coinmarketcap: Crypto community projects over 40% upside for Solana by May 31, 2022 - $131.79 (Finbold)
  • Coinmarketcap: Crypto community with 80% historical accuracy sets ApeCoin price for May 31, 2022 - $16.78 (Finbold)
  • How Technical Traders Apply Their Expertise To Crypto Markets (Forbes)
  • Crypto Biz: If you think crypto is bearish, you’re not paying attention, April 21–27, 2022 (Cointelegraph | Bitcoinist)

NOTABLE VOICES

  • Elon Musk: Bitcoin is "a liquid alternative to cash" (Bitcoin Magazine)
  • Ricardo Salinas: Billionaire Fires Back At Warren Buffett’s Bitcoin Slander (Bitcoinist)
  • Philipp Plein: Expects Company Customers to Make More Crypto Payments (CryptoPotato)
  • Nigel Green: Bitcoin As Legal Tender? These Countries Are Next After El Salvador and CAR, Says deVere Group CEO (TDH)
  • Chris Giancarlo: 5 Questions for ‘Crypto Dad’ (Coindesk)
  • Alex Adelman: The Rewards of Bitcoin (Coindesk)
  • Joshua Skirtich: NFTs Can ‘Democratize Imagination,’ Says VR Metaverse Sculptor (Decrypt)
  • Dawn Newton: 6 Questions for Co-Founder of Netki (Cointelegraph)
  • Ethan Lou: Crypto Stories - Canadian Journalist shares experience of crypto conference in North Korea (Cointelegraph)

PEOPLE ON THE MOVE

  • Christine Sandler: Fidelity's digital assets executive exits firm to join a crypto investment firm (TB)
  • Crypto companies are poaching UK cyber police with triple pay: report (TB | BIC)

ACCEPTANCE/ADOPTIONS

  • VeChain (VET) Now Accepted As Payment in 2,000,000 Stores Worldwide Thanks to New Partnership (TDH)
  • Equinox, The Luxury Gym Brand, Starts Accepting Payments In Crypto (Bitcoinist)
  • Slovenia Ranks as the World’s Most Crypto-Friendly Nation (Study) (CryptoPotato)
  • Why We Need Crypto Payments to Work (Coindesk)
  • How Crypto Could Spearhead Retail Payments in 2022 (Coindesk)
  • Redditor Accepts Bitcoin To Repair a Lamborghini Aventador (Cryptoglobe)
  • Infamous Conspiracy Theorist Alex Jones Receives Seven-Figure Bitcoin Donation (UToday | Finbold)
  • Solving the ‘Sunrise Issue’ is the key to unlocking crypto mass adoption (Cointelegraph)

PARTNERSHIPS

  • Hoseki Partners with LEDN for easy proof of ownership in Bitcoin-backed loans (Bitcoin Magazine)

CEFI/DEFI

  • Emirates Development Bank Rolling out Digital Platform to Ease SME Lending (BIC)
  • DeFi Total Value Locked Sinks Nearly 20% Since Start of 2022 (BIC | BIC)
  • Top Four Leading DeFi Launchpads Every Crypto Native Should Know (Bitcoinist)
  • Why Ethereum Mergers Love Lido (Decrypt)
  • Liquidity has driven DeFi’s growth to date, so what’s the future outlook? (Cointelegraph)
  • HashStack Inches Closer to Non-Custodial Under-Collateralized Loans As Open Protocol Hits The Testnet (Bitcoinist | NewsBTC)
  • CRO Hits YTD Low After Crypto.com Slashes Rewards on Its Card (EWN | Decrypt | Cointelegraph)
  • DeFi Crisis Averted: NEAR Protocol’s Rainbow Bridge Attacker Loses 2.5 ETH (CryptoPotato)

ETFs/OPTIONS

  • Samsung Asset Management Will List Asia’s First Blockchain ETF in Hong Kong (CryptoPotato | Blockworks | TB)
  • Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K (Cointelegraph)

EXCHANGES/BANKS/WALLETS/ATM

  • Bitcoin ATM installation slowdown continues for 4th month in 2022 (Cointelegraph | BIC)
  • Coinbase Unveils Stern Measures To Curb Potential Leaks and Front-Running Related to New Crypto Listings (TDH | BIC)
  • Crypto Brokerage Genesis Reports Q1 Lending Decline as Market Slump Continues (Blockworks)
  • Binance to drive crypto and blockchain awareness among Indian investors (Cointelegraph)
  • Cardano Wallet About to Get Major Update, According to IOHK Weekly Development Activity: Details (UToday)
  • El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says (Cointelegraph)

BLOCKCHAINS

  • Ethereum Core Developers Put Off Hard Fork to Focus on Proof-of-Stake Merge (Decrypt)
  • Can Ethereum Benefit From A Shift In ESG Narrative? (Bitcoinist)
  • Ethereum token standards explained: ERC-20, ERC-721, ERC-777 and ERC-1155 (Finbold)
  • ApeCoin to Migrate from Ethereum After "Turning Lights Off," Causes Controversy (UToday)
  • Solana restarted after seven-hour outage caused by surge of transactions (TB | Bitcoinist | Blockworks)
  • Bitcoin network difficulty breaks into a new all-time high of 29.794T (Cointelegraph)
  • Ethereum Fees Jumped 86% in Q1, 2022, $2.1 Billion in ETH Burned (UToday)
  • Cardano's First-Ever L2 Solution Hydra to Work in Lego-like Manner (UToday)

HOW BITCOIN FIXES THE IMPACT OF ILLEGAL GOLD MINING IN THE AMAZON

WEB3

NFTs

  • NFTs Are Dead? OpenSea Just Set a New Daily Trading Record of $476M in Ethereum (Decrypt)
  • Investment management firm VanEck launches NFT collection (TB | EWN | Blockworks | Decrypt)
  • Tangible Launches the Mainnet of its NFT Marketplace backed by Real-world Assets (Bitcoinist)
  • SharkRace is the first P2E game to offer upgradable NFTs from award-winning artists: save $180 with an NFT mint pass now (Bitcoinist)
  • Minecraft Developers’ Petition Against Gaming NFTs Gets Just 72 Signatures in One Week (Decrypt)
  • Want a Bored Ape NFT? It’ll Now Cost You Nearly $430,000 in Ethereum (Decrypt)
  • BAYC: Otherdeed NFTs Are Currently Going for Nearly 4X Mint Price on OpenSea (Cryptoglobe)
  • Bored Ape NFT Firm Gets Almost $285 Million in Crypto Payments After Virtual Land Sale: Details (UToday)
  • Leading NFT Marketplace OpenSea Now Accepting ApeCoin (Decrypt)
  • Beeple: Next Era of NFTs Will Focus on 'Emotional Connection and Utility' (Decrypt)
  • Entering NFTs: Understanding the environmental impact of digital collectibles (Cointelegraph)
  • The One Solution That Could Eliminate NFT Fraud (NewsBTC)
  • What Are Moonbirds? These Ethereum Owl NFTs Are Soaring (Decrypt | NewsBTC)
  • NFTs, DAOs and the importance of roadmaps (Cointelegraph)
  • Pplpleasr Releases Producer Pass Ethereum NFTs for Cannes (Decrypt)

Metaverse

  • Walmart Owned Flipkart To Start Testing Web3.0 Metaverse Expansion (Bitcoinist)
  • Demystifying the business imperatives of the Metaverse (Cointelegraph)
  • Meet The Vermont Startup That Amazon, Gucci, And Google Are Betting Could Be The Disney Of The Metaverse (Forbes)
  • 4-digit ENS domains spike in demand this week and continue soaring (Cointelegraph)

DAOs

  • DAOs: A blockchain-based replacement for traditional crowdfunding (Cointelegraph)

MINING

  • Bitfarms mined 405 Bitcoin in April, now holds 5,646 BTC (Bitcoin Magazine | UToday)
  • Top 5 hardware to mine Bitcoin in 2022 (Finbold)
  • What is next for New York’s crypto mining moratorium bill? (TB | Cointelegraph)
  • Could Bitcoin Mining Actually Reduce Methane Emissions By 2030? (BIC)

GOLD MINERS OUTSHINE BITCOIN MINERS TO START 2022. WILL IT LAST?

LEGISLATION/REGULATION

  • Senators Propose New Crypto Bill Limiting Capital Gains Tax (BIC)
  • Has New York State gone astray in its pursuit of crypto fraud? (Cointelegraph | Cointelegraph)
  • Updated Lawsuit Alleges Voyager Digital Sold Unregistered Crypto Securities (Blockworks)
  • Monetary Authority Singapore (MAS) Tightens Process To Approve Crypto License (Bitcoinist)
  • Self-custody, control and identity: How regulators got it wrong (Cointelegraph)
  • EU commissioner calls for global coordination on crypto regulation (Cointelegraph)
  • Indian IT Ministry directs crypto exchanges to store user data for 5 years (Cointelegraph)

ATTACKS/HACKS/SCAMS

  • Why The DeFi Sector Has Seen $1.57B In Exploits And Already Exceeds 2021 Record (Bitcoinist)
  • Warning: Smartphone text prediction guesses crypto hodler’s seed phrase (Cointelegraph)
  • Stablecoin DEX Saddle Finance hacked for $10 million (TB | BIC)
  • US DOJ Charges Block Bits Founder for $1M Crypto Investment Fraud (CryptoPotato)
  • Dfinity Foundation files lawsuit against Meta over infinity logo (Cointelegraph)

AN INTERSECTION OF BITCOIN AND HEALTH

FOLLOW DAT MONEY

  • Mangata Finance’s Completion of A $4.2 Million Funding Round Marks the Advent of Mainstream DEX Adoption (Bitcoinist)
  • Privacy startup Nym brings in outside backers for $300 million developer fund (TB)
  • 'Tomb Raider' developer Square Enix sells off $300 million in IP and studios to invest in blockchain tech (TB | Cryptoglobe)

MISC

  • How One Twitter User Sold a Web Domain for $500K to a Crypto Exchange, Making Him a 3,124,900% Profit (EWN)
  • Manta Network Joins Forces With Web3 Consortium To Advance Zero-Knowledge Technology (NewsBTC)
  • Crypto Real Estate Is Here – Bitcoin Mortgages Are Just The Beginning (Forbes)
  • Sam Bankman-Fried's Bahamian Honeymoon Phase (Decrypt)
  • XRP Lawsuit: Judge In Ripple Case Modifies Calendar, Raising Prospects of Suit Concluding Before Year-End (ZyCrypto | UToday)
  • Making crypto conventional by improving crypto crime investigations worldwide (Cointelegraph)
  • Shiba Inu Community to Get Ownership Stake in Welly (UToday | Cryptoglobe)
  • Crypto’s Diversity Problem: It’s Complicated (Coindesk)
  • How The Swiss Government Is Helping Bitcoin Grow Up (Forbes)
  • Wall Street’s Latest ‘Market Manipulation’ Scandal Should Be a Wake-Up Call for Crypto (Coindesk)
  • Here are 3 ways hodlers can profit during bull and bear markets (Cointelegraph)

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TheCryptoCurator
TheCryptoCurator

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post. If you want to sign up for SMS alerts - text CRYPTO to +1 (214) 380-2013.


The Crypto Curator
The Crypto Curator

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