“Behind every successful man there's a lot of unsuccessful years.”
-Bob Brown

--NO TAX ON CRYPTO PROFITS!-- 

MOST COVERED

• Bitcoin (BTC) Briefly Trades Below $30,000 Sinking to New Yearly Low (BIC | CryptoPotato | TDH | Decrypt | Forbes | TB | Cointelegraph | UToday | CryptoPotato | Cointelegraph)
• $LUNA Terra Token Plummets 50% (Decrypt | UToday | Cointelegraph | Finbold | Bitcoinist | TB | BIC | Trustnodes)
• El Salvador announces new purchase of 500 BTC (TB | BIC | ZyCrypto | Decrypt)
• Central Bank of Nigeria to Upgrade eNaira(CBDC) for More Uses, Including Bill Payments (BIC | Cointelegraph | CryptoPotato)
• SHIB adds over 15,000 holders in a month despite wiping $4 billion from its market cap (Finbold | UToday | Cryptoglobe)
• Fed: Sharp Interest Rate Spikes and Stablecoin Runs Pose Risk to US Economy (BIC | Blockworks | UToday)
• Madonna Gives Birth To Flora And Fauna In 1st Beeple NFT Project (That’s NSFW) (Bitcoinist | CryptoPotato | Decrypt)
• Citigroup, Wells Fargo join $105 million round for crypto infrastructure firm Talos (TB | Cointelegraph | TDH)

BREAKING

• NEW YORK BASED TOWNSQUARE MEDIA PURCHASED $5 MILLION WORTH OF BITCOIN (BM)

CRYPTO MARKET WATCH

• $280 billion outflows Bitcoin’s market cap as it fails to capitalize on 2022 crypto adoption (Finbold)
• New Innovations—Including Crypto Cards—Energizing The ‘Dying’ Credit Card Market (Forbes)
• Nearly Half of Global Bitcoin Holders Out of the Money Today (Decrypt)

MICROSTRATEGY WILL NEVER SELL ITS BITCOIN, SAYLOR SUGGESTS

BITCOIN

• Bitcoin Exchange Inflows Hit Three-Month High As Market Braces For More Downside (NewsBTC)
• ‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag (Cointelegraph)
• Bitcoin Is Tanking—Here's What Institutions and Whales Are Doing (Decrypt)
• Crypto Is More Correlated With Tech Stocks Than Ever – How Do We Decouple? (Blockworks)

MICROSTRATEGY GOES UNDERWATER IN LATEST BITCOIN CRASH

ALTCOINS

• ApeCoin (APE) Becomes Third Most-Purchased Crypto by Top-100 Ethereum Wallets (BIC)
• Mana: Decentraland's MANA Climbs into Top 10 Purchased Tokens List (UToday)

CBDCs/STABLECOINS

• UST stablecoin regains some ground as crypto sentiment improves (TB)
• Nouriel Roubini oversees the development of tokenized dollar replacement (Cointelegraph | TB)
• Bank of Israel Unsure About CBDC Despite Growing Public Support (BIC)
• Jamaica To Launch CBDC This Summer (Blockworks)
• Terra peg mechanism in doubt as UST crashes to $0.67 (Cointelegraph | Decrypt)

ANALYST'S CORNER

• Light: Top Trader Says Whales Are Doubling Down on Long Positions As Crypto Markets Get Ready for Reversal (TDH)
• Cathie Wood: ARK Invest’s CEO Says Crypto Nearing End of Bear Market, Predicts Explosion in Blockchain Technology (TDH)
• Tone Vays:  Veteran Trader Says Bitcoin Capitulation Incoming – Here’s His Timeline (TDH)
• Rufas Kamau: Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond (Cointelegraph)

NOTABLE VOICES

• Peter Schiff: Economist who predicted 2008 financial crisis says ‘U.S. economy is about to shut down’ (Finbold)
• Mark Cuban: Commercial smart contract adoption next market driver (Cointelegraph | TDH)

PARTNERSHIPS

• Binance Agrees On Exclusive Crypto Sponsorship Deal With Brazilian Football Association (EWN)
  

ETFs/FUTURES/FUNDS

• 10-month BTC price lows spark $1B liquidation as Bitcoin eyes $35K CME futures gap (Cointelegraph)
• Australia’s Delayed Crypto ETFs to Launch This Week (CryptoPotato | Cointelegraph)

WEB3

• UK startup Copper begins offering custody for NFTs to meet institutional demand (TB)
• Metaverse Land Value Is Dropping – Should You Buy Now? (Bitcoinist | BIC)
• Blue Chip NFTs 101 – What Is The Proof Collective And Who’s Behind It? (NewsBTC)
• Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost (Cointelegraph | Decrypt)
• Twitter Declares 'Death' of Azuki NFT Collection Following 45% Price Drop (Decrypt)

ACCEPTANCE

• House purchased with Bitcoin for the first time in Kentucky’s largest city (Finbold)
• More than a third of AMC online payments are crypto or digital: CEO (Cointelegraph | Finbold)
• More Utility For Dogecoin As WordPress Websites Can Now Accept DOGE Payments (Bitcoinist)
• Making money, escaping poverty: Bitcoin and Lightning in Mozambique (Cointelegraph)

BLOCKCHAINS

• Bitcoin network transactions and fees surge amid investor de-risking (Cointelegraph)
• Near Foundation Establishes Blockchain Hub in Kenya: Report (CryptoPotato)
• Can Solana become the dominant PoS chain despite persistent outages? (Cointelegraph)

EXCHANGES/ATMS/BANKS

• Binance To List Andreessen Horowitz-Backed DeFi Altcoin Built On Ethereum Amid Crypto Market Collapse (TDH)
• Bitso introduces new feature that lets customers in Latin America earn yield on their crypto (TB)
• 3,000 Bitcoin ATMs were installed globally in 2022 more than 20 a day (Finbold)

MINING

• Bitcoin mining stock report: Companies suffer double-digit drops as US equities fall (TB)
• Will ESG Be Behind The Next Bullish Bitcoin Narrative? (Bitcoinist)

MINING BITCOIN WITH ENERGY STORED IN WASTE TIRES

LEGISLATION/REGULATION

• California Governor Gavin Newsom Signs Executive Order for Crypto Regulatory Framework in Golden State (TDH)
• $ADA: IOG’s Head of Product (Identity) Testifies Before California State Senate (Cryptoglobe)
• Queen's Speech: UK government to introduce bill to tackle illicit finance (TB)

FOLLOW DAT MONEY

• Haun Ventures leads $11 million round for web3 community platform Highlight (TB)
• African Crypto Startup Raises $30 Million To Build A Web3 WeChat (Forbes)
• Hacked stablecoin Beanstalk seeks to borrow $77 million to revive itself (TB)
• Crypto exchange KuCoin reaches decacorn status in latest $150MM funding round (TB | Forbes)
• Flow Launches $725 Million Blockchain Development Fund With A16z, Digital Currency Group And Other Investors (Forbes)

PODCASTS

• The Pomp Podcast: #954 Travis Kling On Why The Fed Is Crashing The Market Intentionally
• The Breakdown: The IMF and California Chart Different Courses on Crypto
• The Wolf Of All Streets: How To Keep Your Crypto Safe | Security Expert Explains | Nick Percoco, Kraken
• The Scoop: Bear market, UST implosion grips crypto