10 May: Dead Cat Bounce?


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

--NO TAX ON CRYPTO PROFITS!-- 

MOST COVERED

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

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

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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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