“I am happy because I'm grateful. I choose to be grateful.
That gratitude allows me to be happy.”
-Will Arnett
Bitcoin 2022 loses some evangelical luster as crypto goes mainstream
JUST IN
- The FBI’s takedown of Virgil Griffith for breaking sanctions, firsthand (Cointelegraph | Coindesk | The Block | Trustnodes | Finbold | Cointelegraph | Blockworks)
- California Consumer Protector Courting Crypto Influencers Amid Increasing Complaints (be[IN]crypto)
- Ethereum Trader Bought $400K in Tokens on Coinbase Shortlist—Before It Was Public (Decrypt | be[IN]crypto)
TODAY'S NEWS
- How Bitcoin Is Empowering People To Become Sovereign Individuals (Forbes)
- Wealth report: As old money procrastinates, young money goes crypto (Cointelegraph)
- Judge denies SEC’s appeal as lawyer calls it ‘a very big win for Ripple’ (Finbold)
- 'The Bitcoin PAC' Aims To Vote Out Anti-Crypto Politicians Like Elizabeth Warren (Benzinga)
- New study explains why narcissists, sadists and manipulators are attracted to crypto (Finbold)
- Is Crypto Fueling Corruption or Helping Citizens Flee It? (Blockworks)
MARKET WATCH
- Crypto Market Sentiment Drops to "Extreme Fear" (UToday)
- Crypto Under Pressure As White House Warns of ‘Extraordinarily Elevated’ March CPI (Cryptoglobe)
- Bank Of America Warns of Dire Recession That Could See Cryptos Rocketing to New Highs (ZyCrypto)
Cryptoverse: 10 billion reasons bitcoin could become a reserve currency
BITCOIN
- Bitcoin Briefly Pumps As US Inflation Breaks Another 40-Year High (CryptoPotato)
- Bitcoin Bearish Signal: Leverage Ratio Continues To Hit New Highs (Bitcoinist)
- Bitcoin Data: Number Of Active Entities Remain In Bear Market Channel (NewsBTC)
- Bitcoin Stabilizes at $40K Support; Resistance at $43K-$47K (Coindesk)
- Bitcoin Eases as Shanghai Rises with Yields Historically Inverting (Trustnodes)
- Bitcoin climbs above crucial $40,000 mark as Fed ponders interest rate hike (Finbold | Decrypt | Cointelegraph)
- Bitcoin (BTC) RSI Falls to Its Lowest Level Since January (be[IN]crypto)
- Bitcoin Could Plunge to $26K If This Pattern Plays Out (UToday)
- Three-quarters of BTC addresses still in profit despite market decline: Glassnode (Cointelegraph)
BITCOIN PRICE NEARS $41,000 AS U.S. INFLATION JUMPS TO 8.5%
ALTCOINS
- Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach (Cointelegraph)
- Ethereum (ETH) Fails To Break Out From 150-Day Resistance Line: Multi Coin Analysis (be[IN]crypto)
- Ethereum derivatives data shows pro traders are bearish, but for how long? (Cointelegraph)
- Share of ADA supply held by Cardano whales hits 2-year high (Finbold)
- 287 Billion SHIB Purchased by Biggest Whale on Ethereum Network (UToday)
- Shiba Inu, Solana Tokens Among Four Added to Robinhood; $SHIB SURGE (Coindesk | UToday | The Block | Cryptoglobe | Finbold | Forbes | UToday | UToday | ZyCrypto | Decrypt | Cointelegraph | NewsBTC)
- Shib Army Burns 258 Million SHIB, 145.6 Million Destroyed in Single Lump (UToday)
- Robinhood is giving away SHIB worth $100k to 10,000 users (Finbold)
- STEPN Runners Undeterred by ‘Move-to-Earn’ Game’s Pricey NFT (Coindesk)
- Global Sales of Fan Tokens up $1.9B, Hitting 2022 High (be[IN]crypto)
ANALYST'S CORNER
- Nicholas Merten: Don’t Count on Bitcoin (BTC) Collapse to $30,000 (The Daily Hodl)
- Santiment: Cardano’s (ADA) Biggest Whales Flip Back to Accumulation Mode, Hold Record Percentage of ADA: (The Daily Hodl)
- Michael van de Poppe: Crypto Strategist Predicts Big Run for One Ethereum Competitor, Updates Forecasts for ETH and Skale (SKL) (The Daily Hodl)
- Altcoin Sherpa: Analyst Predicts Shiba Inu (SHIB) Moves Hard This Cycle, Says $NEAR Will Be Top Performer (The Daily Hodl)
- InvestAnswers: One Sector of Altcoin Market Will Get Quashed Once Regulation Arrives, According to Top Crypto Analyst (The Daily Hodl)
- CoinShares: Institutions Take Profit After Market Rally, but Solana (SOL) and Cardano (ADA) Remain Resilient (The Daily Hodl)
- Morgan Stanley: US Could Regulate Stablecoin Issuers Like Banks (Coindesk)
NOTABLE VOICES
- Kevin O'Leary: Bitcoin is Never Going to Zero (CryptoPotato | Cryptoglobe)
- Jason Urban: Ethereum Going to $6,500 by Year End, Says Co-Head of Galaxy Digital Trading (Cryptoglobe)
- CZ: Binance CEO Calls India Natural Frontrunner in Web3 Startups (CryptoPotato)
- Scott Kelly: Astronaut Discusses NFT Project, Crypto Holdings, and the Metaverse (Decrypt | Decrypt)
PEOPLE ON THE MOVE
- Prime Trust Hires Secret Service Veteran to Head Regulatory Affairs (Coindesk)
ADOPTION/ACCEPTANCE
- Colombian Food Delivery App to Accept Payment in Crypto (be[IN]crypto)
- 35% of Nigeria’s population are crypto investors, new study reveals (Finbold | Bitcoin Magazine)
- Lack of proper financial services boosts crypto ownership in Nigeria, says report (Cointelegraph)
- Ariana Grande’s fundraiser for trans visibility adds crypto option (Cointelegraph)
UBERSMITH PARTNERS WITH BITPAY TO ACCEPT BITCOIN PAYMENTS
CBDCs/STABLECOINS
- Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype (Coindesk | The Block | CryptoPotato)
- BIS releases study of CBDCs and their role in financial inclusion of the unbanked (Cointelegraph)
- Consensus on CBDC design among central banks not a priority, Bank of Canada says (The Block)
- Brazilian central bank president confirms CBDC pilot will launch in 2022 (Cointelegraph)
- USDC Stablecoin Issuer Centre Hires 2 Executives to Oversee Regulation, Operations (Coindesk)
- Exclusive: Telegram’s TON In Talks With Three African Countries To Launch Stablecoins (Forbes)
- $ADA: DEX WingRiders Launches, Bringing USDC and USDT Stablecoins to Cardano Mainnet (Cryptoglobe)
- Crypto Veterans Shed Light on CBDC and Stablecoins Including TUSD, Endorsing Competition in Money Market (NewsBTC)
DEFI/CEFI
- What is crypto lending and how does it work? (Cointelegraph)
- Crypto lender Celsius to stop paying interest on new deposits from US starting on Friday (The Block | Coindesk | Cointelegraph | Decrypt | EWN)
WEB3
- Meta Launching Currency for Use in Horizon Worlds VR App (be[IN]crypto | Bitcoinist | Coindesk)
- Is the surge in OpenSea volume and blue-chip NFT sales an early sign of an NFT bull market? (Cointelegraph)
ETFs/FUNDs
- Fidelity to Offer Exposure to Metaverse, Digital Payments With New ETFs (Coindesk)
- A Spot Bitcoin ETF Still Seems Unlikely (Coindesk)
- Grayscale CEO: Spot Bitcoin ETF Approval Is ‘The Next Natural Step’ for SEC (Blockworks)
BLOCKCHAINS
- Ethereum largely passes first major test for proof of stake (The Block)
- Cardano ($ADA) Wallets Grew 1,600% Since December 2020, Data Shows (Cryptoglobe)
- Terra's Bridge Now Interacts with Solana, Avalanche, Fantom, Here's How (UToday)
- Polygon commits to going carbon neutral in 2022 (Cointelegraph)
MINING
- Mining Difficulty Reaches New All-Time High: Bitcoin (BTC) On-Chain Analysis (be[IN]crypto)
- Bitcoin Mining Competition Soars Despite Declining On-Chain Activity (Decrypt)
EXCHANGES
- Report Predicts an ‘Oligopoly of Crypto Exchanges’ as Market Consolidates (be[IN]crypto | The Daily Hodl)
- Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine (Cointelegraph)
REGULATION/LEGISLATION
- Indian crypto exchanges’ volume plunges as 30% tax goes into effect (Cointelegraph)
- Crypto mixers’ relevance wanes as regulators take aim (Cointelegraph)
ACQUISITIONS/PARTNERSHIPS
- Metaverse Firm Infinite Reality to Buy Esports Company ReKT for $470M in Stock (Coindesk)
FOLLOW DAT MONEY
- Axie Infinity Team Launches $1 Million Bug Bounty Following Record-Breaking Ronin Hack (UToday | Decrypt)
- RociFi Labs Raises $2.7M to Enable On-Chain Credit Scoring for DeFi (Coindesk)
- Crypto Portfolio Manager CoinStats Fetches $3.2M on Fresh Funding Round (CryptoPotato)
- CoinFund, Galaxy Digital Lead $3.5M Round for Dapp Cloud Computing Startup (Coindesk)
- Gary Vaynerchuck-Backed Swoops Raises $3.5 Million for NFT Basketball Game (Decrypt)
- Loyalty rewards startup Glow Labs raises $4.1 million in seed round (The Block)
- SoftBank leads $70 million round for DeFi infrastructure firm BloXroute (The Block | Coindesk)
- IOST Foundation Starts $100M Fund for EVM Developers (Coindesk)
- NFT avatar company Genies raises $150 million from Silver Lake (The Block | Coindesk | Blockworks | Cointelegraph)
- Ignite (formerly Tendermint) launches $150 million accelerator for Web 3 projects (The Block | Coindesk)
- Philippines' fintech achieves unicorn status after raising $210MM and embracing crypto payments (Cointelegraph)
- USDC Issuer Circle Raises $400M; Blackrock joins (Coindesk | Cointelegraph | Blockworks | EWN)
- Pantera Capital Set to Close $1.3B Blockchain Fund, With Follow-Up Vehicle Already in the Works (Coindesk | Cointelegraph | be[IN]crypto)
- How Chris Dixon’s Dive Down The Crypto Rabbit Hole Made Him The World’s Top Venture Capitalist (Forbes)
- Index Africa announces blockchain philanthropy initiative (The Block)
ATTACKS/HACKS/SCAMS
- The aftermath of Axie Infinity’s $650M Ronin Bridge hack (Cointelegraph | The Block)
- Coinbase Loses Bid to Force Arbitration in Crypto Theft Lawsuit (Coindesk)
- Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections (Cointelegraph)
PODCASTS
- The Pomp Podcast: #911 Peter McCormack On How Far Bitcoin Has Come In The Last Decade