“We must never be afraid to go too far, for success lies just beyond.”
-Marcel Proust

--NO TAX ON CRYPTO PROFITS!--

Happy Humpday! It was just a matter of time before we saw a Collateralized Credit Card that didn't require you to spend your Bitcoin. Nexo is first but will not be the last to offer this service, I can see Celsius being next.

The U.S. Securities and Exchange Commission decision to stop Celsius from providing interest for non-accredited investors is crazy and should be challenged.

There is a lot of activity happening in the WEB 3 space today, definitely listen to The Breakdown Podcast hosted by Nathaniel Whittemore and watch Scott Melker channel in about 15 mins :)

BREAKING

• In First Crypto Partnership With NFL, Blockchain.com Teams Up With Dallas Cowboys (Blockworks | The Block | Coindesk)

JUST IN

• Nexo Unveils Payment Card Where Users Get to Keep Their Crypto (Coindesk | Cointelegraph | EWN | CryptoPotato | be[IN]crypto)
• Luna Foundation Guard Adds $100M in BTC to UST Reserves (Coindesk | Cointelegraph)
• Ripple claims ‘a very big win’ in SEC case (Cointelegraph)
• Most Wikipedia Community Members Want Crypto Donations Banned: Poll (Decrypt | Cointelegraph)

NEWS YOU CAN USE

• Four newcomers tips from billionaires on how to get started in the crypto industry (Finbold)
  
• Blockchain Firm Serenity Shield Is Bringing Non-custodial Inheritance Solutions to Crypto (Bitcoinist)

MARKET WATCH

• Crypto Market Goes Into “Extreme Fear”, What’s Next? (NewsBTC)
• “Buy” Is The Top Trending Term On Crypto Platforms Even As Bitcoin Struggles To Hold Above $40K (ZyCrypto)
• Spread of Sanctions Makes Privacy Tokens the Hot Bet in Crypto Markets (Coindesk)

BITCOIN

• Market Wrap: Cryptos Rise as Bitcoin Returns Above $40K (Coindesk)
• Data Shows Bitcoin Selling On Binance Has Been Weakening Recently (Bitcoinist)
• Can The 600-Day MA Support Line Push Bitcoin Again? (NewsBTC)
• Bitcoin Holding Support at $40K; Resistance at $43K-$47K (Coindesk)
• Bitcoin Jumps Above $41K, Rising With Nasdaq, S&P (Coindesk)
• Bitcoin bounces to near $41K after crypto sentiment gauge hits 6-week lows (Cointelegraph)
• First Mover Americas: Bitcoin's 4-Year Halving Cycle May Be Dead (Coindesk)
• Number of Bitcoin whales falls around 5% in 4 days; Is a further BTC price decrease imminent? (Finbold)
• Bitcoin (BTC) Struggles to Sustain Rebound Rally Above $40,000 (be[IN]crypto)
• Determining Bitcoin’s (BTC) Correlation to the Dollar Index and the S&P 500 (be[IN]crypto)
• Around 60% of Bitcoin Holders Are in Profit Despite the Current Bearish Price Action (be[IN]crypto)

ALTCOINS

• Crypto Giant Coinbase Reveals List of 50 Altcoins Under Consideration for Listing (The Daily Hodl)
• TA: Ethereum Steadies Above $3K, Why Upsides Could be Capped (NewsBTC)
• 331 Million XRP Shifted by Ripple and Exchanges, Including ODL Bridge Bought by Ex-Binance CFO (UToday)
• XRP price bounces to $0.72 but still risks new lows in April — Here's why (Cointelegraph)
• $ADA’s Top Whales Back to Their ‘Largest Percentage of Supply Held in Two Years’ (Cryptoglobe | ZyCrypto | Bitcoinist)
• Long-term investors increase SHIB holdings by almost 60% in a month (Finbold | Coindesk)
• 2.41 Billion SHIB Burned Over Past Week, Making Circulating Supply Shrink (UToday)
• Shiba Inu Lists on SouthAfrican Exchange, Bringing Access to Thousands of Customers (UToday)
• Ethereum Whales Increase Shiba Inu Holdings Following Robinhood Listing (Bitcoinist)
• Uniswap (UNI) Bounces At Long-Term Support But Fails To Initiate Upward Movement (be[IN]crypto)
• Algorand (ALGO) Falls to Support of 430-Day Range (be[IN]crypto)
• ApeCoin eyes 250% rally amid 'bull pennant' breakout, Robinhood APE listing rumors (Cointelegraph)
• ICHI token price collapses by 99% in latest DeFi debacle (The Block)
• Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch (Cointelegraph)

ANALYST'S CORNER

• InvestAnswers: Here Are Three Reasons Crypto Markets Are Correcting, According to InvestAnswers (The Daily Hodl)
• Kevin Svenson: Altcoins Close to Being ‘Obliterated’ As Bitcoin Holds On to Historically Critical Support Level: Crypto Analyst (The Daily Hodl)
• Dave The Wave: Analyst Who Called May 2021 Crypto Collapse Says Case for $135,000 Bitcoin in Play (The Daily Hodl)
• TechDev: Is Bitcoin Following an Early 90s Stock Market Pattern? Crypto Analysts Make Bullish Case for BTC (The Daily Hodl)
• Cred: Here Are Two Bullish Scenarios for Bitcoin After Failed BTC Breakout, According to Top Crypto Analyst (The Daily Hodl)
• Benjamin Cowen: Will the US Dollar Decide Bitcoin’s Next Move? Analyst Looks at BTC’s Connection to USD (The Daily Hodl) | Accumulation Phase of a Lifetime Could Be Coming for Bitcoin (The Daily Hodl)
• Altcoin Sherpa: Crypto Strategist Says All-Time High Coming for $NEAR, Predicts Pullback in Two Other Altcoins $AVAX $ZIL (The Daily Hodl)

NOTABLE VOICES

• Raoul Pal: Macro Guru Says ‘The Low Is In’ for Crypto Markets, Upside Catalysts To Spark New Rallies (The Daily Hodl)
• Mark Yusko: explains the real problem with Fed policy — and why Bitcoin matters (Cointelegraph)
  
• Michael Saylor: Bullish on Promise of Crypto Regulation (Blockworks)
  
• Paolo Ardoino: Stablecoins are the perfect trojan horse for Bitcoin, says Tether CTO (Cointelegraph)
  
• Kevin O'Leary: Massive Wall of Money Is Waiting To Enter Bitcoin and Crypto Markets, According to the Shark Tank Investor (The Daily Hodl)
• Charles Hoskinson: Cardano Founder says ‘Vasil’ Hard Fork Will Deliver ‘A Massive Performance Improvement’ (Cryptoglobe) | EcoSystem exploding (The Daily Hodl)
• Cynthia Lummis: Senator, Hodler (Coindesk)

WEB 3

• No VCs Allowed: How NFT.com Aims to Take On OpenSea (Decrypt)
• Binance's NFT head adopted this implementation model during the platform’s creation (Cointelegraph)
• China-based regulatory and trade associations target NFTs in latest risk notice (Cointelegraph)
• 'Jack Dorsey's First Tweet' NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280 (Coindesk)
• "CryptoPunk" NFT Sells for $3.2 Million (UToday)
• Logan Paul’s Latest NFT Project Reignites Community Anger (be[IN]crypto)
• Sotheby’s to host an NFT auction for generative art this month (The Block)
• Astronaut Launches 1st NFT, Raises $500K To Help Ukraine Fight Russia (Bitcoinist)
• MetaMask’s Institutional Arm Makes Push for DAOs With New Custody Deals (Coindesk | Cointelegraph)
• Logan Paul on how fighting Floyd Mayweather led to his new NFT collection (The Block)
• Sega Lays Groundwork for Metaverse With 'Super Game' NFT Plan (Decrypt)
• SHIB in "The Metaverse" Officially Launches as Shiba Inu Delivers New Utility for SHIB (UToday | Cryptoglobe | EWN)
• HTC Wants To Build An Open Metaverse While Splinternet Accelerates (Forbes)
• The Life of a Crypto Artist: Pplpleasr on NFTs, Memes and 'Idea Sex' (Decrypt)
• Meta’s Metaverse Under Fire From Facebook Whistleblower (CryptoPotato | Cointelegraph)
• ‘Natural extension:’ Sega’s Super Game project looking to add NFTs (Cointelegraph)
• Elden Ring Has Outlasted Its Critics, and So Will Bitcoin (Coindesk)
• Chinese Banking Associations Target NFTs (Coindesk)

ACCEPTANCE/ADOPTION

• Fireblocks teams up with FIS in capital markets crypto push (The Block | Coindesk | Forbes)
• Why Crypto Is A Lifeline For Sex Workers Banned By Banks (Bitcoinist)
• No Bitcoin: Mozilla will only accept Proof of Stake crypto donations (Cointelegraph)
• Dogecoin Aims for Offline Transactions via Starlink Technology (CryptoPotato)
• NFL Teams Test the Waters of Crypto Fan Tokens (Coindesk)
• Community contributors ask Wikimedia Foundation to ban crypto donations (The Block | Finbold)

CEFI/DEFI

• DeFi For Everyone, How This GK8 Integration With MetaMask Will Give Access To Institutions (Bitcoinist)
• Cardano Sees Nearly $50 Million Inflow into DeFi Within 24 Hours Despite Price Drop (UToday)
• Multi-chain, stocks and stablecoin-focused DeFi protocols are showing signs of strength (Cointelegraph)

CBDCs/STABLECOINS

• BlackRock to Manage USDc’s $50 Billion as Custodian Stablecoins Go Fractional Reserve (Trustnodes | Forbes | The Block)
• Tether Reveals Plans to Shrink Short-term Debts in USDT Reserves Below 30% (EWN | UToday | CryptoPotato)
• Tether Announces Launch of USDT on Kusama (CryptoPotato | Coindesk | be[IN]crypto | Cryptoglobe)
• Crypto portfolios: How much of a stablecoin allocation is too much? (Cointelegraph)
• Bank of Japan’s CBDC Will Not Be Used to Combat Negative Rates (be[IN]crypto | Finbold | Cointelegraph)
• Iran Moves Forward With Plans to Launch Crypto-Rial CBDC (be[IN]crypto)

PEOPLE ON THE MOVE

• Former Trump Aide Mick Mulvaney Tapped as Astra Protocol Adviser (Coindesk | The Block)
• Binance poaches French financial regulator's deputy general counsel (The Block)

PARTNERSHIPS/ACQUISITIONS

• PolySign to Buy Digital Asset Fund Administrator MG Stover for Cash and Stock (Coindesk)
• Zebedee and Fumb Gaming Partner for Online Bitcoin Mining Simulator (Bitcoin Magazine)
• Crypto.com’s Cronos partners with Chainalysis to track CRC-20 tokens (Cointelegraph)
• Luno Forges Multimillion-Dollar Partnership With London Entertainment Venue KOKO (Coindesk)
• Kenyan Startup Partners With AI-Powered Crypto Rating Platform, Evai (Forbes)

MINING

• Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure (Cointelegraph | be[IN]crypto)

BLOCKCHAINS

• What Is ‘The Merge’? Ethereum’s Move to Proof of Stake (Decrypt)
• Ethereum Devs Launch Their First Mainnet “Shadow Fork” Ahead Of Merge (Bitcoinist | Decrypt)
• Ethereum Merge No Longer Expected in June (Coindesk | ZyCrypto | CryptoPotato)
• Reminder: The Merge Won’t Solve Ethereum’s Scaling Woes by Itself (Coindesk)
• Terra's Anchor Protocol to Launch on Polkadot DeFi Hub Acala (Coindesk)
• Dogecoin ($DOGE) to Use Elon Musk’s Starlink to Conduct Offline Transactions (Cryptoglobe)
• How to bridge tokens from other chains to the Polygon Network (Cointelegraph)
• Charles Hoskinson's IOHK Gathered Most Important Cardano Updates in Last 10 Days (UToday)
• Chainalysis Adds 'Internet of Blockchains' Cronos to Its Compliance Software (Decrypt)
• XRPL Proposes Update to Allow Issued Tokens to Be Used in Payment Channels Beside XRP (UToday)

CORE LIGHTNING: HOW BLOCKSTREAM’S IMPLEMENTATION REBRAND SPEAKS TO ITS LONG-TERM VISION FOR BITCOIN

EXCHANGES

• Another Indian Exchange Halts Bank Transfers as Crypto-INR Purchase Options Shrink (be[IN]crypto | Bitcoinist)
  
• Coinbase Says Idiosyncratic Variables Still Impacting Crypto Returns (Coindesk)

REGULATION/LEGISLATION

• Regulating crypto firms: 'It's important that policymakers are involved,' says Web3 Foundation COO (Cointelegraph)
• Brazilian Senate announces incoming approval of the ‘Bitcoin law’ (Cointelegraph)
• Buyer of ‘Jack Dorsey Tweet’ NFT Is Out of Prison and Under Fire From Investors (Coindesk)

FOLLOW DAT MONEY

• A16z Leads $4M Seed Round for Web 3 Recurring Payments Startup (Coindesk)
• Dfns Raises $13.5M to Build Out Password Protection for Crypto Wallets (Coindesk)
• Web3 'follow' app Context announces $19.5 million seed round (The Block | Coindesk)
• Over 60 Celebrities Poured $87M in MoonPay's Series A Round (Coindesk | be[IN]crypto | Cointelegraph | Bitcoinist)
• Binance announces 100 million euro investment in France (The Block)
• Crypto funds Dialectic and Seven Seven Six back Bisonic's 'Forgotten Runiverse' fundraise (The Block)

HACKS/ATTACKS/SCAMS

• Elephant Money DeFi Hacked, Are Funds SAFU? (UToday)
• How These NFT Projects Drained 40K ETH From Their Communities (Bitcoinist)
• Ronin Exploiter Moved 21,000 Ether to Tornado Cash in Past Week (Coindesk)
• Class action lawsuit accuses Uniswap Labs, its investors of allowing fraudulent activity on the DEX protocol (The Block)

PODCASTS

• The Breakdown: Janet Yellen’s Shifting Tone on Crypto
• Bitcoin Fundamentals: BTC073: Bitcoin Policy Considerations w/ Jason Brett
• The Pomp Podcast: #913 Dylan LeClair Explains The Financial Repression Occurring Right Now
• The Scoop: Animoca Brands CEO Robby Yung explains the ‘open’ metaverse