04 May: Musk Keeps $APEing around


  “Change is hard at first, messy in the middle and gorgeous at the end.”
-Robin Sharma

--NO TAX ON CRYPTO PROFITS!--  

Happy Humpday Folks! Today the Fed will announce another round of rate hikes, will it be 50 bps? So far Bitcoin and other Digital Assets are moving higher, but will this be a dead cat bounce? Is it a bull trap? In other news, VA is looking to start yield farming for their pension investments and any time Elon Musk does something the market has a reaction; this time its $APE poppin as a result of him adding an NFT profile pic on Twitter.  Bigger news, the worlds largest family owned private bank is offering direct investments into Digital Assets. Notable voices include Raoul Pal and Joe Rogan. Check out the Podcast and Watch the videos - lots happening even in a down market. 

MOST COVERED

CRYPTO MARKET WATCH

  • Crypto Investors Dump Small Caps For Blue Chips Like Bitcoin (NewsBTC)

WHY BITCOIN WORKS FOR LATIN AMERICA

BITCOIN

  • Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry? (Cointelegraph)
  • Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next (Cointelegraph)
  • Crypto Price Alert: Fed Triggers Stark $10,000 Bitcoin Crash Warning (Forbes)
  • Bitcoin (BTC) Rebounds After Dropping to $38,000 Horizontal Support (BIC)
  • Bitcoin Volatility Dips Below 18-Month Lows as Price Back Above $39,000 (UToday)
  • $703 Million in Bitcoin Withdrawn from Coinbase to Unknown Wallets, Here's Possible Reason (UToday)
  • Five Months Of Fear: When Will The Bitcoin Carnage End? (NewsBTC)

BLOOMBERG INTELLIGENCE REPORT: BITCOIN IS BECOMING A RISK-OFF ASSET AS INFLATION RISES

CURRENCY OF LAST RESORT

ALTCOINS

ANALYST'S CORNER

  • Lyn Alden: Here’s Why Bitcoin (BTC) Is the Fastest Horse in the Race, According to Macro Analyst Lyn Alden (TDH)
  • Benjamin Cowen: Historically Accurate Indicator That Marks Bitcoin Bottoms Is About to Flash: Crypto Analyst Benjamin Cowen (TDH)
  • Santiment: Large Cardano Whales Gobble Up Over $154,000,000 in ADA Over the Last Five Weeks: Analytics Firm (TDH)
  • Altcoin Sherpa: Crypto Analyst Says Ethereum Rival Terra (LUNA) Bottoming Out, Predicts Rallies for NEAR and Two Other Altcoins (TDH)
  • Mike McGlone: Bloomberg Analyst Says Says One Ethereum Competitor To Outlast the Rest, Makes Huge Long Term Bitcoin (TDH)
  • Michael van de Poppe: $BTC $LINK (Finbold | TDH)
  • Expert Panel Sees Ethereum ($ETH) Price Hit $5,780 by Year-End (Cryptoglobe)
  • Pentoshi: Here’s How Bitcoin (BTC) Will React to Highly-Anticipated Fed Rate Hike, According to Top Crypto Analyst (TDH)
  • Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT (Cointelegraph)

NOTABLE VOICES

  • Chris Larsen: Ripple Co-Founder Praises California Governor's Executive Order on Crypto (UToday)
  • Silvio Micali: Algorand Creator Predicts What Will Happen to Industry in 10 Years (UToday | TDH)
  • Andrew Yang: Everything gets politicized, including crypto, says former POTUS candidate (Cointelegraph)
  • Raoul Pal: Crypto Winter Unlikely As ‘Astonishing’ User Growth Dwarfs Internet Adoption Rate (TDH)
  • WSJ:  ‘The NFT market is collapsing’ but the data says otherwise (Cointelegraph | NewsBTC)

ACCEPTANCE

  • You Can Now Buy a Yacht With Shiba Inu ($SHIB) and Other Cryptos (Cryptoglobe)
  • More dealerships choosing to accept cryptocurrency (Automotive News)
  • Singapore Restaurants Accepting Crypto Despite Government Attitude Cooling (BIC | Bitcoinist)

ACQUISITIONS

  • Coinbase's plans to purchase firm behind Mercado Bitcoin fall through: Report (Cointelegraph)
  • Cboe Sees ‘Need to Move Quickly’ in Crypto Following Exchange Acquisition (Blockworks)

CEFI/DEFI

  • Coinbase took out the first Bitcoin-backed loan from Goldman Sachs (Cointelegraph | TDH)
  • Millions of DAI Borrowed with Real World Assets (Trustnodes)
  • Nexo Grants $3.3M NFT Loan to CryptoPunk Owner (BIC)

CBDCs

  • Proposed digital euro designs lack privacy options, ECB presentation shows (Cointelegraph)
  • Public Testnet for Cardano-Powered Decentralized Algorithmic Stablecoin Djed Goes Live (Cryptoglobe)

ETFs/FUNDS

  • CoinShares Launches Chainlink, Uniswap ETPs in Germany (Blockworks)
  • Metaverse ETF Starts Trading (Trustnodes)

BLOCKCHAINS

  • By The Numbers: Yuga Labs Breaks Ethereum, Gas Fees Set New ATH (Bitcoinist)
  • Little by little, blockchain technology is beginning to appear around the house (Cointelegraph)
  • Cardano (ADA) to Host Anti-Counterfeit Platform with Micro Chips (UToday)
  • Polkadot launches cross-chain messaging system to solve blockchain’s bridge problem (Cointelegraph | TB)

EXCHANGES/BANKS

  • Coinbase (COIN) Could See Performance Challenges, What It Means For Crypto (Bitcoinist)
  • France approves Binance to operate digital asset trading services (TB | Cointelegraph)

WEB3

  • Freedom Squares Ethereum NFTs Turn Zelensky’s Words Into Ukraine Relief (Decrypt)
  • Sacred Spirits NFTs is one of the most Anticipated Collection of 2022 (Bitcoinist)
  • Crypto Exchanges Look To Cash in on NFT Boom (Blockworks)
  • Basketball DAO, Dogecoin Wallet App to Buy BIG3 Team Stakes via NFTs (Decrypt | UToday)
  • Blur begins opening up beta access to its real-time NFT trading platform (TB)
  • Starbucks: ‘We Plan To Create a Series of Branded NFT Collections’ (Cryptoglobe | EWN)
  • Dogecoin Used to Purchase NFTs Worth $600,000 in Historic Transaction (UToday)
  • The Vatican to officially launch NFT gallery to ‘democratize art’ (Finbold)
  • Here’s how China’s tech giants are banking on NFTs frenzy despite crypto ban (Finbold)
  • Axie Infinity (AXS) Surpasses $4 Billion in All-Time Sales (BIC)
  • NFT Sales Still Looking Robust Despite Reports to the Contrary (BIC)
  • New Move-To-Earn Token Explodes Over 243% in Just Seven Days Amid Crypto Market Doldrums (TDH)
  • The creator economy will explode in the Metaverse, but not under Big Tech’s regime (Cointelegraph)
  • How blockchain games create entire economies on top of their gameplay: Report (Cointelegraph)

MINING

  • Kazakhstan formalizes reporting regime for cryptocurrency miners (TB | Cointelegraph)
  • Ethereum Miner Revenue Soars to a Single Day All-Time High of 95K ETH (BIC | Bitcoinist | BIC)
  • Mining firm Marathon reports net loss of $13 million and a big boost in bitcoin production for Q1 2022 (TB)

BITCOIN AND NUCLEAR: THE WORLD’S MOST FEARED TECHNOLOGIES CAN ACTUALLY SAVE IT

SO WHAT IF BITCOIN MINER'S FEE REVENUE IS LOW?

LEGISLATION/REGULATION

  • Sen. Cynthia Lummis Shares Details of The Crypto Bill She Has Been Working On (CryptoPotato)
  • Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary (Cointelegraph)
  • European watchdog lists crypto next to lawyers, accountants as an AML threat (Cointelegraph | Bitcoinist)
  • South Korea’s new president delays crypto taxes in favor of consumer protections (Cointelegraph | BIC)
  • Sanctioning Russia On The Blockchain: Following The Money To A Network Of OTC Providers (Forbes)

FOLLOW DAT MONEY

  • 3 Things VC Investors Watch Out for In Crypto Start-Ups (BIC)
  • Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency (Forbes)
  • Gaming startup Untamed Planet raises $24 million in Series A funding from Animoca Brands (TB)
  • Crypto info startup Amberdata raises $30 million in new funding round (TB)
  • Ex-Moonbirds COO Ryan Carson's NFT fund sees $40 million in commitments (TB)
  • Argo secures up to $70.6 million in loans for Texas mining facility (TB)
  • Messari alum, popular investor team up to launch $85 million crypto hedge fund (TB)

MISC

  • War, Crypto & The Invisible Line Connecting It All (NewsBTC)
  • Rick Ross Wants Crypto Investors to Prove That They Are Making Money (UToday)
  • MicroStrategy Logged A $170M Impairment Loss From Its Bitcoin Holdings In Q1 2022 (ZyCrypto | BIC)
  • Happy birthday Hal Finney: Crypto community honors world's first known Bitcoiner (Cointelegraph)

THE BAD

  • XRP Lawsuit: Ripple Calls Out SEC Delay Tactics, Opposing Request to File Additional Briefs on Hinman Emails (UToday)
  • Three Hacks in a week- DeFi applications display their soft underbelly (BNC)
  • Tinder Crypto Scammers: On Emotional Manipulation And Taking The Love Bait (Bitcoinist)
  • Ape-themed airdrop phishing scams are on the rise, experts warn (Cointelegraph)

PODCASTS

  • The Scoop: FTX markets guru explains why macro uncertainty strengthens crypto's 'supercycle thesis'
  • The Breakdown: Paul Tudor Jones: 'It's Hard Not to Want to Be Long Crypto Because of the Intellectual Capital'
  • Bitcoin Fundamentals: BTC076: Finding Asymmetric Investments w/ Bill Miller IV (Bitcoin Podcast)
  • Bitcoin Magazine: Out Of Control Inflation And A Bad Economy w/ Greg Foss & Jeff Ross
  • Decrypt Daily: May 3: OpenSea’s Big Day, Crypto Legislative Pushback, Crypto Loan Warning'
  • Bankless: Ethereum's Hollywood Moment | Camila Russo

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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
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