“Being defeated is often a temporary condition. Giving up is what makes it permanent.”
-Marilyn vos Savant

--NO TAX ON CRYPTO PROFITS!--

BOTTOM LINE UP FRONT (BLUF)

Today will be the last day I provide the brief this week because it's Miami bound tomorrow! There are suppose to be some massive announcement from possibly Netflix, Apple, Strike? Buckle up the next few days will be fun. However, today, the news is still meh. Not a lot really big going on but it does appear that Millennials have gotten the message on Crypto. 

Regulation is still the talk of the town as Gensler and the SEC continues to focus on Exchanges and regulating Crypto. Singapore is all about regulation as well, they are focusing on having only overseas companies get licensed. Confiscation is the name of the game and a lot of Bitcoin was just confiscated by the US and Germany in taking down a Russian Darknet operation.

BREAKING

• New Bitcoin Technology Enables Instant, Global USD Transactions (Forbes)
• MicroStrategy Buys $190.5M Worth of Bitcoin (Coindesk | UToday | Trustnodes | NewsBTC | be[IN]crypto | Cointelegraph)
  
• Abra Targets High-Net-Worth Clients With New Asset Management Division (Coindesk)
• Kraken to release structured products for staking focused on institutional investors (The Block)

JUST IN

• T. Rowe Price Survey: 40% of Kids Think Crypto is ‘Future of Investing’ (Blockworks)
• Laredo bank to offer Bitcoin Savings Plan for employees (LMTOnline | Finbold)
• Vast majority of financial advisers discuss crypto with clients, says study (The Block)
• Ledger launches NFT-focused hardware wallet Nano S Plus (Cointelegraph | Coindesk | The Block)
• Retirement: 25% of Millennials Banking on Crypto to Fund the Good Life (be[IN]crypto | Cointelegraph)
• Cardano Foundation and The University of Zurich expand academic blockchain research (Cointelegraph)
• Ripple Partner to Unlock $34 Billion Cross-Border Payment Market in the Philippines (UToday)
• How Crypto Is Changing Philanthropy (Coindesk)

MARKET WATCH

• Second Straight Week of Crypto Product Inflows – Last Week’s Estimate Bumped Up (be[IN]crypto)
• Crypto prices enjoy a solid March relief rally. But, how and why? (Cointelegraph)

BITCOIN

• Market Wrap: Bitcoin and Stocks Briefly Dip After Fed Comments; DOGE Rallies (Coindesk)
• Bitcoin Range-Bound; Support at $43K-$45K (Coindesk)
• Bitcoin retests key level that sparked 66% BTC price gains in 2021 (Cointelegraph)
• First Mover Americas: Bitcoin's Pause Fails to Deter Optimism (Coindesk)
• HODL Wave Movement Resembles Accumulation: Bitcoin (BTC) On-Chain Analysis (be[IN]crypto)
• Bitcoin (BTC) Fights Back Against Resistance, Making Seventh Breakout Attempt (be[IN]crypto)
• TA: Bitcoin Key Indicators Suggest Strengthening Case For Fresh Surge (NewsBTC)
• Bitcoin Exchange Outflow Volume Nears 100,000 BTC Per Month — The Ultimate Bullish Signal? (ZyCrypto | NewsBTC | Decrypt | Bitcoinist)
• Latest Trend In Bitcoin Realized Cap Suggests A Bullish Pattern (Bitcoinist)
• Bitcoin's 'Reserve Risk' Suggests Opportunity for Long-Term Accumulation (Coindesk)
• Bitcoin retail FOMO spiked most since 2017, but BTC price may still be ‘doomed’ — analyst (Cointelegraph)
• Biggest future BTC whale explains why Bitcoin was chosen for 'decentralized Forex reserve' (Cointelegraph)

ALTCOINS

• TA: Ethereum Gearing For Another Lift-Off, Why ETH Could Test $3,750 (NewsBTC)
• Terra En Route to Becoming the Biggest Bitcoin Whale as LUNA Sees Massive Growth (ZyCrypto)
• The Musk Effect Strikes Again as the DOGE Price Fires Up (be[IN]crypto | Cointelegraph | Coindesk)
• DOGE is the most-searched cryptocurrency in the U.S. followed by Bitcoin; SHIB ranks 4th (Finbold)
• Shiba Inu Reaches New Milestone as Whales Increase Transactions by 75% (UToday)
• Shiba Inu-Themed Burger Chain to Actively Participate in SHIB Burn Process (UToday | Cryptoglobe)
• AAVE Price More Than Doubles Since March Lows: Multi-Coin Analysis (be[IN]crypto)
• Celo Token Hits Three-Month High Amid Launch of $20M Incentive Fund (Decrypt | CryptoPotato)
• OKX Surpasses Coinbase Trading Volume by $600B in March (be[IN]crypto)
• 95% of Trading Volume on LooksRare Linked to Wash Trading (be[IN]crypto)
• Reserve Rights (RSR) Makes Third Attempt at Breaking out From 354 Day Resistance (be[IN]crypto)

ANALYST'S CORNER

• Kevin Svenson: Underrated Indicator Could Send Bitcoin on ‘Disbelief’ Rally, According to Closely Followed Crypto Analyst (The Daily Hodl)
• Altcoin Sherpa: Crypto Traders Are Sleeping on Dogecoin Competitor Shiba Inu, According to Analyst – Here’s His Strategy (The Daily Hodl)
• Raoul Pal: Bitcoin (BTC) and Crypto Setting Up for a Perfect Storm (The Daily Hodl)
• Nicholas Merten: Bitcoin About To Break All-Time Highs Quicker Than Traders Think (The Daily Hodl)
• Coinshares: Institutions Pour Capital Into Ethereum, Solana, and Additional ETH Competitor As Sentiment Recovers (The Daily Hodl)
• Yann Allemann: Crypto Investors Are Rotating Capital Into Riskier Altcoins, According to Glassnode Co-Founder (The Daily Hodl)
• Michaël van de Poppe: Here’s What’s Ahead for Chainlink, NEAR and Three Other Altcoins (The Daily Hodl)
• TechDev: Huge Rallies in Sight for Zilliqa (ZIL) and Top Ethereum Gaming Project As Bitcoin (BTC) Breaks Out: Crypto Analyst (The Daily Hodl)
• CoinMarketCap: Crypto community with 83% historical accuracy sets AVAX price for April 30, 2022 (Finbold)
• Dan Dolev: Coinbase’s NFT Strategy Questioned by Mizuho Analyst (Coindesk)

NOTABLE VOICES

• Su Zhu: Crypto Hedge Fund CEO Su Zhu Predicts Global Adoption of Digital Assets Following Ukraine War (The Daily Hodl)
• CZ: Binance CEO: Using Crypto to Avoid Sanctions Is A Myth (CryptoPotato)
• Gary Gensler: SEC Chair Says Crypto Industry Hype Reminds Him of Dot-Com Bubble, Urges Regulation (The Daily Hodl)
• Michael Saylor: Financial Markets Not Yet Ready for Bitcoin-Backed Bonds, Says MicroStrategy’s Michael Saylor (The Daily Hodl)
• Jamie Dimon: JPMorgan CEO Says DeFi Is ‘Real’ (CryptoGlobe)
• Yat Siu: ‘Our democracy will better evolve because of DAOs' (Cointelegraph)
• Jeff Kauffman: DAOs Will Own Big Brands (Coindesk)

WEB 3

• Web 3 and the Rise of Small Media (Coindesk)
• NFT Sales Volumes on Solana ($SOL) Top $1.5 Billion (Cryptoglobe)
• Solving NFTs’ ‘Liquidity Problem’: Can Financialization Help? (Blockworks)
• Starbucks To Launch NFT By Late 2022, How This Will Help With In-House Issues (Bitcoinist)
• Crypto and culture intersecting: Could ApeCoin be the go-to token of the Metaverse? (Cointelegraph)
• Ledger Buys Land in The Sandbox as Part of Metaverse Push to Educate Crypto Newbs (Decrypt)
• A Sea of Fakes? Combating Counterfeit NFTs on OpenSea (Decrypt)
• Universal Music Group Files 4 Trademarks for Its Bored Ape Band Leader (Coindesk)
• Snoop Dogg to Issue Unreleased Music as NFTs on Cardano ($ADA) Blockchain (Cryptoglobe)
• Magic Eden to Accept Tokens From Top Solana NFT Projects Aurory and DeGods (Decrypt)
• The NFT Industry Is Showing Signs of ‘Slowing Down,’ Says Report (be[IN]crypto)

ACCEPTANCE/ADOPTION

• Brazil and Indonesia Global Leaders in Crypto Adoption: Gemini Survey (CryptoPotato)
• In the US, public-private state associations form networks of support for crypto businesses (Cointelegraph)

ETFs

• Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode (Cointelegraph)
• 21Shares Launches New Investment Product To Target The $13 Trillion Metaverse Industry (Forbes)

CBDC

• PwC: More Than 80% of Central Banks Are Considering Launching a CBDC (Blockworks | Cointelegraph)
• Stablecoins Are Emerging as a ‘Complement to Existing Payment Ecosystems’ – Report (be[IN]crypto)
• Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says (Coindesk)

CEFI/DEFI/TRADFI

• Crypto Firm Sidesteps TradFi Hurdles With Bitcoin-backed Mortgage Offering (Blockworks)

MINING

• Crypto Mining Company Stronghold Digital Welcomes SEC Environmental Reporting Proposal (Blockworks)
• Marathon Digital to Move Mining Rigs From Coal-Powered Montana Site (Coindesk | The Block)
• A State Senator Is Pushing to Attract Bitcoin Miners to Oklahoma (Coindesk | be[IN]crypto)
• Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay (Coindesk | Cointelegraph)
• Bit Digital Partners With BitMine to Host 7K ASIC Miners (Coindesk)
• Why Crypto Mining Firms Will Be More Secure Due To A Ledger And Blockware Partnership (Bitcoinist)

BLOCKCHAINS

• Dogecoin Integration May Finally Be Coming To Millions Of Users After Elon Musk Buys Huge Stake In Twitter (ZyCrypto)
• Tezos Slashes Barrier to Become a Baker by 25% (CryptoPotato)
• Cardano adds over 450,000 wallets to its network in Q1, 2022, around 5,000 daily (Finbold)

REGULATION/LEGISLATION

• Treasury's Yellen to Deliver First Speech on Crypto in US Economy (Coindesk)
• Gensler on Regulating Crypto (Decrypt | Blockworks | Coindesk | The Block | Cointelegraph | UToday | be[IN]crypto | Coindesk)
• Georgia Central Bank Plans to Introduce New Crypto Rules: Report (Coindesk | Cryptoglobe | Cointelegraph)
• Can India’s Controversial New Tax Law Be Challenged in Court? Yes, Say Crypto Lawyers (Coindesk)
• Indian Ruling Party MP Suggests Increasing Crypto Tax From 30% to 50% (be[IN]crypto)
• New Singapore Crypto Law Requires Overseas-Only Operators to Be Licensed: Report (Coindesk | be[IN]crypto | Blockworks | CryptoPotato | Cointelegraph)
• Trudeau Challenger Wants To Make Canada ‘Blockchain Capital’ Of The World (Bitcoinist)
• US Rep. introduces bill to avoid El Salvador’s Bitcoin adoption citing the move a ‘careless gamble’ (Finbold | Coindesk | Cointelegraph)
• EU Consultation Looks at Issues With a Digital Euro (Coindesk)

ACQUISITION/PARTNERSHIP

• South Korean Tech Giant Kakao Acquires Majority Stake In A Japanese Crypto Exchange (Bitcoinist)

PEOPLE ON THE MOVE

• JST Capital Hires New York Fed Exec as Regulatory Head (Coindesk)

FOLLOW DAT MONEY

• Terra Wallet Leap Raises $3.2M in Private Token Sale (Coindesk)
• Logan Paul’s marketplace for tokenized collectibles goes live after raising $8 million (The Block)
• Blockchain soccer game GOALS scores $15 million seed funding (The Block)
• Hivemapper raises $18 million to create decentralized mapping network (The Block | Coindesk)
• Boba Network Valuation Hits $1.5B After $45M Series A Round (Blockworks | The Block | Coindesk)
• Thai VC Fund SeaX Ventures Raised $60 Million to Invest in Blockchain, Web3 (CryptoPotato)
• DeFi ‘Super App’ Parallel Finance Doubles Valuation, Plans Up to $60M Series B (Coindesk)
• Lightning Labs Announces. $70MM Series B Raise (Bitcoin Magazine | Decrypt | The Block | Coindesk | Cointelegraph | Forbes)
• Stillmark targeting $500 million raise for new bitcoin credit fund (The Block)
• Crypto venture capital firms see surging assets under management (Cointelegraph)
• FTX Takes Stake in Stock Exchange IEX to Strengthen Crypto Markets (Coindesk | The Block )

HACKS/ATTACKS/SCAMS

• Hardware Crypto Wallet Trezor Warns Users of Phishing Attack After Company Email System Is Compromised (The Daily Hodl)
• Crypto Hackers Mark Successful First Quarter. Here’s How Much They’ve Made (Bitcoinist)
• Bored Ape holder loses NFTs worth $567,000 to a scammer (The Block)
• Hackers Stole Over $1.22 Billion From DeFi Market This Year Alone (be[IN]crypto)
• NFT Collection Billionaire Dogs Promoted by Popular French Influencer Scammed Users, 100% of Funds Stolen (UToday)
• German Authorities Shut Down Russian Darknet Market, Seize $25M in Bitcoin (Coindesk | Finbold)
• US Authorities Seize $34M in One of the Country's Largest Confiscations of Crypto (Coindesk | CryptoPotato | The Block | Coindesk | be[IN]crypto | Finbold)
• Convex Finance addresses bug that could've led to a $15 billion rug pull (The Block)
• Ledger-Shopify Data Breach Saga Not Over Yet, Another Class Action Lawsuit Filed (CryptoPotato)
• Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far (Coindesk)

BUILDING BITCOIN COMMUNITIES: IN EL SALVADOR AND BEYOND

PODCASTS

• The Crypto Conversation: Bitcoin is warming up the rockets
• The Pomp Podcast: Thomas Farley On Leaving The NYSE For The Crypto Industry - #899