19 Apr: Bitcoin is Superior


“The hardest thing to understand in the world is the income tax.”
-Albert Einstein

--NO TAX ON CRYPTO PROFITS!--

You can't argue with Jack, Bitcoin is the superior asset and it appears it's looking quite bullish on this fine Tuesday morning, but don't leave LUNA out because it popped 17% yesterday. Michael van de Poppe believes oracles could see a 10x and Chamath believes Solana is part of a massive disruption to the global payments industry. Lots of money is flowing as usual and this time it's Sandbox brining in the haul - $400MM with a $4B valuation and Indian Crypto exchange CoinDCX raised $135MM at a $2B valuation. If you want to retire on Crypto PLEASE watch InvestAnswers YouTube below - you will not be disappointed. 

BREAKING

JUST IN

  • Could Lugano’s ‘Plan B’ Bring Bitcoin To The Masses? (Forbes)
  • Bitfinex crypto exchange suffers trading outage (The Block)
  • Silvergate Bank's Q1 Net Income Nearly Doubles to $24.7M (Coindesk | The Block | Finbold)
  • Teens: With Money to Invest in Their Future, What Would They Buy? (be[IN]crypto)

MARKET WATCH

  • Crypto Correlations Curbing Inflation Hedge Claims (be[IN]crypto)

BITCOIN

  • Bitcoin climbs above $41K on Wall Street open as gold dives, dollar cements highs (Cointelegraph)
  • Bitcoin hodlers targeting $100K is what's preventing 40% price drawdown, data suggests (Cointelegraph)
  • Bitcoin (BTC) Creates Bullish Candlestick and Shoots Back Above $40,000 (be[IN]crypto)
  • After Bitcoin Drop to $38,200, Trading Volume Spiked Massively, Showing "Buy the Dip" Tendencies (UToday)
  • Bitcoin (BTC) on-Chain Analysis: NUPL Remains Bearish Failing to Move Above 0.5 (be[IN]crypto)

ALTCOINS

  • Ethereum price 'bear flag' could sink ETH to $2K after 20% decline in three weeks (Cointelegraph)
  • LUNA surges 17% in a day as almost $5 billion flows into its market cap (Finbold | Decrypt | Coindesk)
  • Privacy Focused Monero Plans Hard Fork in July; XMR Surges 11% on ‘Monerun’ (Coindesk)
  • 243.6 Billion SHIB Scooped Up by Whales as Token Recovers from Recent Fall (UToday)

ANALYST'S CORNER

  • Michael van de Poppe: Top Analyst Says One Group of Altcoins Can Pull Off 10x Rallies, Updates Outlook on Three Crypto Assets (The Daily Hodl)

NOTABLE VOICES

  • Chamath Palihapitiya: Billionaire Says Solana (SOL) Part of Massive Disruption of Global Payments Industry (The Daily Hodl)
  • Jack Mallers: Bitcoin is Superior to All Other Payment Networks: Strike CEO (CryptoPotato)
  • Mike Ybarra: Blizzard President says World of Warcraft Publisher Isn't 'Doing NFTs' (Decrypt)
  • Jack Dorsey: Disses ETH (Trustnodes)

ACQUISITION/PARTNERSHIP

WEB 3

  • Basic and weird: What the Metaverse is like right now (Cointelegraph)
  • U.S. Air Force files trademarks to a secure digital metaverse for training and operational environments (Finbold | BIC | Cointelegraph)
  • Action-Packed NFT Game Wonderman Nation Could Be Next Axie Infinity (Bitcoinist)
  • The End of NFT Rug Pulls? (Coindesk)
  • Okcoin Is the Latest Exchange to Announce NFT Marketplace (Decrypt)

CBDC

  • Japan Looks to Sweden for CBDC Approach, Not China (be[IN]crypto)
  • ‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project (Cointelegraph)

DEFI

  • Crypto Options Traders Adopt New Strategies to Profit From DeFi-Led Volatility Gyrations (Coindesk)

MINING

  • Hut 8 in Deal to Become 100% Self-Mining Company (Coindesk | TB)

BLOCKCHAINS

  • Ethereum Transaction Fees Near Six-Month Low Amid Declining Prices (NewsBTC)
  • Cardano records 400 new projects building on ADA in a month bringing the total to almost 900 (Finbold | Cryptoglobe | Cointelegraph | Cryptoglobe)
  • BNB Chain Burns Over $770M Worth of BNB Tokens (Coindesk)
  • Flow Blockchain NFT Sales Volume Sinks By $165 Million (be[IN]crypto)
  • Four years on, Telegram’s blockchain project gains ground in Africa (Cointelegraph)
  • Blockchain and oracles can help clean energy transition, study claims (Cointelegraph)

REGULATION

  • BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York (Cointelegraph)
  • US Rep. introduces bill to deregulate power zones in Louisiana; potential benefits for Bitcoin mining (Finbold)
  • Bitstamp Requires Its Users Provide Additional Info, To Align Itself With Regulators (Bitcoinist)
  • BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York (Cointelegraph)
  • Nearly Half of Jurisdictions Still Not Applying Crypto Laundering Norms, Global Regulator Says (Coindesk)
  • IMF Says Capital Control Powers Should Include Crypto (Coindesk)
  • Crypto Businesses Stand Up to Harsh Regulations Proposed by EU Policymakers (UToday)
  • UK Crypto Industry Hopes for More Clarity From Planned Stablecoin Rules (Coindesk)
  • Brazil’s Crypto Pro Regulation Bill Heading For Key Vote (Bitcoinist)
  • Indian minister wants global crypto rules to curtail money laundering risk (Cointelegraph | Bitcoinist)
  • Russian Finance Ministry Clarifies Rumors Of Crypto Legalization (Bitcoinist)

FOLLOW DAT MONEY

  • Upcoming Cardano ($ADA) Powered NFT-Based Metaverse ‘Cardalonia’ Raises $420K (Cryptoglobe)
  • Game of Silks Raises $2 Million To Bring Thoroughbred Racehorses Onto The Blockchain (Bitcoinist)
  • Solana DeFi Protocol Delta One Raises $9.1M to Offer Crypto Options Trading (Coindesk)
  • Blockchain analytics company Flipside Crypto raises $50 million (The Block)
  • KuCoin-backed companies launch $100M Web3 developer fund (Cointelegraph | Coindesk)
  • Indian crypto exchange CoinDCX raises $135 million, now valued at $2.15 billion (The Block | Coindesk | Cointelegraph)

HACKS/ATTACKS/SCAMS

  • Indian Authorities Seek Details of Bitcoin Theft During Investigation (CryptoPotato)
  • Apple user loses $650,000 in seconds as iCloud hack exposes MetaMask vulnerability (Finbold)

PODCASTS

  • Untold Stories: The Soul of Bitcoin with Aaron Koenig
  • On The Brink: Josh Mandel on Running on a Pro Bitcoin Platform
  • Unchained: Why Crypto Twitter’s Disrespect Toward Regulators Is a ‘Really Bad Business Decision’
  • The Scoop: Mastercard’s global head of crypto explains how the company is embracing NFTs and more
  • The Decrypt Daily: April 18: NY Mining Battle, More Hacks, NFT Photography

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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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