“Asking is the beginning of receiving.
Make sure you don't go to the ocean with a teaspoon.”
-Jim Rohn

--NO TAX ON CRYPTO PROFITS!--

There isn't going to be grounds for the SEC to keep denying a spot ETF when the rest of the world is moving forward; at some point they run out of excuses. More and more Americans begin using Crypto to make purchases as a new era of mass adoption begins - Spotify will make it happen. The overall Crypto market looks to be on the cusp of cracking the $2T ceiling once again and this time I believe it might remain above it into the future. Bitcoin is the modern monetary defense protocol, a movement for financial freedom, and promise for the fourth industrial revolution. Do not get left behind.

Boring Bitcoin? Good!

JUST IN

• Banking giant Commerzbank submits application for crypto custody license (Finbold | Coindesk | Cointelegraph)
• 3.6M Americans to use crypto to make a purchase in 2022, research firm predicts (Cointelegraph)
• A New Era of Mass Adoption – Shopify To Bring Bitcoin to a Quarter of Global Population (TDH)
• Spain: Real estate investing soars 400% in 2022 fueled by crypto and stocks payments (Finbold | BIC)
• Blockchain Tech Is Key to Combating Climate Change, Report Says (Blockworks)
• Citi stalwart joins Franklin Templeton Institute to spearhead digital asset research (TB)
• In Georgia, crypto is a crucial tool for refugees escaping the war (Cointelegraph)
• Ukrainian crypto and blockchain firms survive despite ongoing conflict (Cointelegraph)
• Tesla’s Bitcoin Holdings Unchanged in Q1 (Coindesk | Blockworks)
• Julian Assange’s brother: AssangeDAO helps Wikileaks founder take legal fight to US (TB)

BITCOIN IS THE MODERN MONETARY DEFENSE PROTOCOL

MARKET WATCH

• Market Wrap: Bitcoin Fades From $42K, Alts Still Ahead as ApeCoin Pumps (Coindesk | Coindesk)
• Will Rising Interest Rates Sink the Crypto Ecosystem? (Coindesk)
• Retail interest in crypto declines as investors search for the next big price mover (Cointelegraph)
• Crypto Correlation With Gold, S&P 500 Increasing, Asset Class Going Mainstream (Bitconist)
• Profit Taking Keeps up Crypto Product Outflows for Second Consecutive Week (BIC)

BITCOIN, THE MONETARY SHOT HEARD ‘ROUND THE WORLD

BITCOIN

• Why Bitcoin Needs To Go Above This Level To Reclaim $50K (NewsBTC)
• Bitcoin Holding Support With Higher Price Lows; Resistance at $46K (Coindesk)
• Bitcoin Trading Volume Stabilizes At Lows Of July 2021 As Market Sleeps (NewsBTC)
• Bitcoin (BTC) Rebounds to Local High Of $41,760 Before Slight Pullback (be[IN]crypto)
• First Mover Americas: Bitcoin Bid as Real Bond Yield Remains Negative for Main Street (Coindesk)
• Bitcoin's 30-Day Volatility Slips to 17-Month Low (Coindesk)
• Whales Accumulate Through The Dip As Bitcoin Repositions To $40K (NewsBTC)
• Mysterious Bitcoin Whale Accumulates Over $117,000,000 in BTC in Just One Week (TDH)
• Bitcoin Is Trading Like a Tech Stock, Not 'Digital Gold' (Decrypt)
• Bitcoin SOPR Suggests Market Nowhere Near The Bottom (NewsBTC)
• Bitcoin Google Searches Down to Lowest Levels Since 2020 (Cointelegraph)

BITCOIN IS A MOVEMENT FOR FINANCIAL FREEDOM. CRYPTOCURRENCY IS NOT

ALTCOINS

• Bitcoin, Ethereum Stage Rebound as DeFi Protocols AAVE, LUNA Rally (Decrypt)
• TA: Ethereum Consolidates Gains, Indicators Suggest More Upsides (NewsBTC)
• Ripple (XRP) Trading Volume Sinks By $436 Billion in Quarterly Low (BIC)
  
• Terra ($LUNA) Sees Market Cap Surpass That of Avalanche ($AVAX) and Cardano ($ADA) (Cryptoglobe)
• Terra's Largest DeFi Protocol Anchor Changes ANC Airdrop Rules: Details (UToday)
• Monero Rallies 11% on the Back of Major Hard Fork Announcement (BIC | BIC)
• Balancer (BAL) Generates Bullish Divergences Over Multiple Time Frames (BIC)
• Optimism-based projects spike on Coinbase rumors of token airdrop (Cointelegraph | TB | EWN)
• Blockchain interoperability protocol Connext unveils token, plans airdrop (TB)
• Is NFT Industry Dying? ApeCoin Rallies by 30% with No Reasons Again (UToday | Cointelegraph | Cryptoglobe | Coindesk | TDH)
• DeFi token AAVE eyes 40% rally in May but 'bull trap' risks remain (Cointelegraph)
• Yearn.Finance (YFI) Creates Double Bottom Combined With Bullish Divergences (BIC)

ANALYST'S CORNER

• Credible: Bottom Is In and Reversal Underway for Bitcoin (BTC), According to Top Crypto Analyst (TDH)
• Analysts: Bitcoin has ‘already capitulated,’ target $41.3K as the most hold level (Cointelegraph)
• Willy Woo: Bitcoin (BTC) Seems Undervalued, Supply Shock Indicator Says (UToday)
• Ali Martinez: Bitcoin is on track to revisit $45,000 or even $50,000, says crypto trading expert (Finbold)
• Michael van de Poppe: BTC price hits 10-day high as trader says $42K is where Bitcoin 'gets interesting' (Cointelegraph)
• PlanB: Quant Analyst Plan B Says Bitcoin Currently Presenting Best Opportunity for Bulls in Entire History of BTC (TDH)
• Kevin Svenson: Bitcoin (BTC) on the Edge of Entering Another Multi-Month Dip, According to Crypto Analyst (TDH | TDH)
• Smart Contracter: Crypto Analyst Who Nailed 2018 Bitcoin Bottom Predicts Swift Bounce for BTC – But There’s a Catch (TDH)
• Altcoin Sherpa: Ethereum (ETH) Rival Solana (SOL) and One Low-Cap Altcoin Flashing Bottom Signals, According to Crypto Analyst (TDH)
• Crypto Analyst: Unveils Massive Target for Ethereum Rival Solana, Predicts Rallies for Avalanche and Terra (TDH)
• Alerzio: Can RUNE Sustain Its 20% Rally?, Why This Analyst Doubts It (NewsBTC)

NOTABLE VOICES

• David Schwartz: Why Ripple’s CTO Criticized Elon Musk’s Free Speech Stance (Bitcoinist | BIC)
• Kevin O'Leary: Shark Tank’s Kevin O’Leary Unveils Large Crypto Portfolio, Says He’s Accumulating Solana, Polygon and Three Additional Altcoins (TDH)
• Alex Mashinsky: BTC and ETH will break all-time highs in 2022 — Celsius CEO (Cointelegraph)
• Michael Saylor: Here’s why Bitcoin is a solution to inflation, according to Michael Saylor (Finbold)
• Sam Bankman-Fried: FTX Founder Wants More Collaboration Between Social Media Platforms (BIC)
• Brad Garlinghouse: Ripple CEO says Bitcoin Tribalism Holds the Entire Crypto Market Back (CryptoPotato | UToday | TDH)
• Nicolas Cary: Blockchain.com co-founder thinks the EU and UK are 'progressive' crypto regulators (Cointelegraph)

WEB3

• Derek Edward Schloss: Unlocking the Art Market (Coindesk)
• Number of NFT Collections Doubles This Year As Total Trading Volume Exceeds $54,000,000,000: IntoTheBlock (TDH) 
• Blockchain Gaming Usage Explodes 2,000% in a Year: DappRadar (Coindesk | Cointelegraph)
• Coinbase Launches Beta NFT Marketplace With Ethereum Support and Zero Fees Transactions (EWN | Decrypt | TB | Cointelegraph | Coindesk | Forbes | TDH | Blockworks | Bitcoinist | BIC)
• Daniel Arsham on Making NFT Artwork That is ‘Not Possible’ in the Real World (Decrypt)
• Cardano-Based NFT Piece Goes for Record-Breaking 135,000 ADA (UToday)
• NBA Announces 'Dynamic' Ethereum NFTs for Playoffs (Decrypt)
• Deadfellaz Ethereum NFT Collection Lands Exclusive Deal with UTA (Decrypt)
• Real Estate: Buy a Property from Inside the Metaverse (BIC)
• GameFi Platform for P2E Games Aims to be the ‘Netflix of Games’ (BIC)
• Shiba Inu blacklists user for drawing hate symbol with metaverse land (Cointelegraph | Cryptoglobe)
• Luxury goods giant LVMH is eyeing the metaverse 'very carefully' (TB)

ACCEPTANCE/ADOPTION

• Shiba Inu and Dogecoin Now Accepted by Porsche Dealer (UToday | Cryptoglobe | Bitcoin Magazine)
• Shiba Inu Accepted as Means of Payment by Swiss Consulting Firm (CryptoPotato | UToday)
• The Scale And Challenges Facing Bitcoin Adoption In Africa Today (Forbes)

BRAZILIAN WINE CLUB NOW ACCEPTS BITCOIN AS PAYMENT ON MOBILE APP

ETFs

• Australia Crypto ETF Market Heats Up With Two More Spot Funds Set to Launch (Coindesk | CryptoPotato)
• Teucrium Bitcoin Futures ETF Now Carries Hashdex Brand (Blockworks)
• Simplify Files for Bitcoin ETF Mixing Treasurys and Options Strategies (Coindesk | Cointelegraph | BIC)

CBDCs

• Japan’s Central Bank Will Test Digital Yen Cautiously (CryptoPotato)
• EU Citizens Strongly Oppose CBDCs, But What About Crypto? (Bitcoinist)

DEFI

• Ethereum DeFi Staple MakerDAO Adds StarkNet Bridge in First Step Toward Multi-Chain (Coindesk | Decrypt | TB)
• The many layers of crypto staking in the DeFi ecosystem (Cointelegraph)
• Is Ethereum Staking Pool Lido’s Growth an Omen of Centralization? (Coindesk)
• iTrustCapital surpasses $5B in crypto IRA transactions (Cointelegraph)
• Large Institutional Transactions Push Total Value Locked in DeFi to $239B (Blockworks)

EXCHANGE

• Binance.US awarded money transmitter license in Puerto Rico (Cointelegraph | Blockworks)
• FTX Plan Said to Face CFTC Roundtable Next Month (CoindesK)
• Global Integration for Ukraine’s QMALL: Crypto License & Payment Gateway Authorized by EU Regulators (NewsBTC | Bitcoinist)
• India Crypto Exchange Founders Decamp to Dubai. Will Mass Exodus Ensue? (BIC)
• Binance moves to redesign Twitter emoji that resembled a swastika (TB | Coindesk | Decrypt | Cointelegraph)
• South Korean Exchange Faces New Regulatory Scrutiny (BIC)

BLOCKCHAINS

• Bitcoin Lightning Network Blazes a Trail to a Bright Future (BIC)
• Gnosis Chain makes key upgrade to prevent potential security attacks (TB)

BITCOIN MINING AROUND THE WORLD: NORWAY’S OUTSIZED PRESENCE RELATIVE TO ITS SIZE

MINING

• Bitcoin Hashrate Plateaus After Slow And Steady Climb (Bitcoinist)
• IMF Warns That Crypto Mining Could Aid Countries Hit by Sanctions (BIC)
• How Bitcoin Mining Profitability Could Point To Capitulation Still Ahead (Bitcoinist)
• Why Are Bitcoin Mining Rigs In A Downward Spiral (Bitcoinist)

THE RISING COST OF ENERGY IMPACTS BITCOIN MINING PROFITABILITY

REGULATION

• US Citizens Are Moving Abroad to Sidestep Crypto Regulation, Law Firm Says (Blockworks)
• Republican Lawmakers Pen Open Letter to SEC Criticizing Two New Proposals (TDH)
• Brain drain: India’s crypto tax forces budding crypto projects to move (Cointelegraph)
• IMF Report: DeFi Poses Risks to Financial Markets, Needs Regulation (BIC |TB | Cointelegraph | TDH | Finbold)
• Binance.US Quits Blockchain Association, Forms In-House Lobbying Shop (Coindesk)
• Crypto Asset Regulations Are A Priority For India, Says IMF Official (Bitcoinist)
• 'Let’s build a Europe where Web3 can flourish:' Crypto companies sign an open letter to EU regulators (Cointelegraph)
• UK's top regulator appoints interim digital assets head (TB)
• Ireland Bans Crypto Donations for Political Parties Fearing Russian Intervention (Report) (CryptoPotato)
• Russia to include crypto into its tax code: Here is what the rules might look like (Cointelegraph | Cointelegraph)
• US Sanctions Russian Crypto Mining Host Bitriver (Coindesk | TB | Forbes | Cointelegraph | Blockworks | BIC | Forbes)  

PEOPLE ON THE MOVE

• FCA veteran becomes interim head of financial regulator's digital assets unit (Cointelegraph)

FOLLOW DAT MONEY

• Liquid staking protocol Lido allocates $6 million to Ethereum development (TB)
• BlueYard, Sequoia Invest $8MM in Privy to Bring Secure Data to Web 3 (Coindesk)
• Web3 Venture Studio Decent DAO Launches With $10 Million in Funding (Decrypt | Coindesk)
• Decentralized identity startup Spruce raises $34 million in funding round led by a16z (TB)
• Enterprise blockchain provider BlockApps raises $41 million (TB)
• Wall Street Vet Launching Token-only VC Firm, Aiming for $50M to $75M (Blockworks)
• Crypto-focused SPAC raises $115M in Nasdaq IPO (Cointelegraph)
• Framework Ventures allocates half of $400M fund to Web3 gaming (Cointelegraph | Blockworks | Coindesk)
• Cannabis Company Fund Turns to Crypto to Raise Capital (BIC)
• TON Users Donate $1B to Advance Ecosystem, Foundation Says (Coindesk)
• Why Animoca Brands Invested More Money Into Axie Infinity Despite $622M Hack (Decrypt)

HACKS/ATTACKS/SCAMS

• Beanstalk Farms offers plea deal to perpetrators of $76M exploit (Cointelegraph)
• Monero’s crypto of choice as ransomware ‘double extortion’ attacks increase 500% (Cointelegraph)
• Agent Smith says Secret Service seized $102M in crypto in 254 cases since 2015 (Cointelegraph | Bitcoinist)
• Number of ‘dead’ coins surpasses 1,700 as scammers flourish (Finbold)
• Tornado Cash Blocking Sanctioned Addresses Shows Privacy Is a Myth (BIC)
• WikiLeaks’ Julian Assange is Оne Step Closer to US Extradition (Report) (CryptoPotato)

BITCOIN'S PROMISE FOR THE FOURTH INDUSTRIAL REVOLUTION

PODCASTS

• Bitcoin Fundamentals: BTC074: Bitcoin is Property w/ Eric Weiss (Bitcoin Podcast)
• The Pomp Podcast: #923 Dylan LeClair On Why The Bond Market Is Flashing Warning Signs
• The Breakdown: IMF Financial Stability Report Highlights Crypto