“Climb the mountain so you can see the world, not so the world can see you.”
-Unknown
Happy Friday Folks! He's said it once, he's said it twice, Michael Saylor and MicroStrategy will NEVER sell their Bitcoin. Meanwhile, the Ethereum merge is set to go live in August; if you believe Vitalik Buterin. Bitcoin continues to show its resilience in face of this downturn. It's hammering out a bottom and at some point will reverse course. Just as the mood is stuck on extreme fear, just wait until the first large green candle hit and FOMO kicks in. Until them keep reading, watching, and listening with me :)
MOST COVERED
- Ethereum Merge Coming in August 'If Everything Goes to Plan': Core Dev (Decrypt | Cointelegraph | UToday | CryptoPotato)
CRYPTO MARKET WATCH
- MicroStrategy Has No Intention To Sell Bitcoin (BTC), Says Company CFO: Report (TDH | EWN)
- Almost $1 trillion leaves crypto market in 2022 wiping over 40% of the industry’s capitalisation (Finbold)
- Bitcoin Pizza Day merch delivers lightning-fast style (Cointelegraph)
- Texas Set to Become Silicon Valley of Crypto World (UToday)
- Cardano accelerator program Genius X ISPO nets $105 million in ADA (Cointelegraph)
- Crypto veterans extend a helping hand to bear market newbies (Cointelegraph)
- Moody’s Warns Cryptocurrencies May Cause Financial Instability (BIC)
- Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach (Cointelegraph)
- WEF 2022: Blockchain and digitization to take center stage at Davos (Cointelegraph)
- Bill Gates Joins Anti-Crypto Coalition (UToday | CryptoPotato)
- European families see crypto as a tool to increase savings: Survey (Cointelegraph)
- El Salvador Faces No Easy Exit From Worsening Crisis Amid Crypto Crash (Bitcoinist)
TERRA TERROR
- Terra collapsed because it used hubris for collateral — Knifefight (Cointelegraph)
- Anchor saw $1 billion of liquidations during UST and Luna's death spiral (TB)
- Do Kwon amends Terra 2.0 proposal during the vote on it (TB | Cointelegraph)
- Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash (Cointelegraph)
- Terra fallout: Stablegains lawsuit, Hashed loses billions, Finder wrong and more (Cointelegraph)
- LUNA remains most trending crypto despite total crash and founder’s $78 million tax evasion fine (Finbold)
- Emin Gun Sirer: Avalanche Founder Says Terra Is as Bad as Mt. Gox (UToday)
- Paolo Ardoino: Tether CTO says Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’ (Cointelegraph)
BITCOIN
- Bitcoin 'death cross' data hints 43% drop due in BTC price bear market (Cointelegraph)
- Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance (Cointelgraph)
- Bitcoin (BTC) on-Chain Analysis: Realized Loss Reaches ATH; Signal of a Bottom? (BIC)
- Bitcoin Retests $30K as Ripple Spikes 6% Daily (CryptoPotato | Cointelegraph)
ALTCOINS
- Ethereum preparing a 'bear trap' ahead of The Merge — ETH price to $4K next? (Cointelegraph | ZyCrypto)
- 5.4 Billion SHIB Destroyed in 24 Hours, But Price Drops to October 2021 Lows (UToday)
- Dogecoin Profitability Increases to 53%, On-Chain Signals Hint at Bullish Indications (UToday)
- Avalanche Crumbles More Than 16% As Crypto Landslide Continues (NewsBTC)
- Cosmos Jumps 12% as Bitcoin, Ethereum Recover (Decrypt)
- SAND Jumped 12% Following The Sandbox’s Acquisition of Uruguayan Tech Firm (CryptoPotato)
STABLECOINS
- Algorithmic, fiat-backed or crypto-backed: What’s the best stablecoin type? (Cointelegraph | Cointelegraph)
- Three Metrics Suggest a Key Trend on Stablecoins Following Terra UST Collapse (UToday)
CEFI/DEFI
- DeFi Altcoin Rebounds by More Than 92% From Last Week’s Crypto Crash Despite Class-Action Lawsuit (TDH)
ANALYST'S CORNER
- Altcoin Sherpa: Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower (TDH)
- Goldman Sachs: Crypto decline should have very limited impact on US spending (TB)
NOTABLE VOICES
- Alex Mashinsky: ‘Sharks of Wall Street’ circling around Celsius and other projects (Cointelegraph)
- Peter Schiff: Gold Bug's Message to Bitcoin HODLers: “Don’t Get Cocky” (Cryptoglobe)
- Jack Dorsey: Adds "Bitcoin" to His Twitter Bio Section – Is He up to Something? (UToday)
ACCEPTANCE
- Shiba Inu Can Now Be Accepted by Thousands of Restaurants in 65 Countries via Lavu and Verifone Collaboration (UToday)
- Cardano: London-Based Charity Is Now Accepting $ADA Donations (Cryptoglobe)
WEB3
- Cardano NFT Sales Reached $27 Million in April, ADA Attempts to Rebound (UToday)
- OpenSea disables Bored Ape NFT amid legal case in Singapore (TB | CryptoPotato)
- People want to be paid crypto to exercise in the Metaverse: Survey (Cointelegraph)
- Report: iGaming, Crypto and NFTs Critical to Casino Industry's Post-Covid Future (BNC)
BLOCKCHAINS
- Binance Adds Support for Layer-2 Ethereum Scaling Solution Optimism (Decrypt)
- Cardano adds over 2,000 new wallets daily in a month despite market volatility (Finbold)
- Shiba Inu: Brazilian Crypto Trader Wants Binance to Fix His 6.7 Billion $SHIB Mistake (Cryptoglobe)
EXCHANGES
- Coinbase Developer on Why Their Main App’s Web3 Browser Feature Is “A Big Deal” (Cryptoglobe)
MINING
- Thousands of Bit Digital miners go offline after explosion, fire at NY facility (TB)
HOW PIZZA DAY RELATES TO BITCOIN MINING
LEGISLATION/REGUALTION
- Congress Has Introduced 50 Digital Asset Bills Impacting Regulation, Blockchain, And CBDC Policy (Forbes)
- Crypto Goes Politics, But is it Failing? (Trustnodes)
- Large Crypto Losses May Not Become Instant Tax Write-0ffs, But Here’s What You Can Do (Forbes)
- Aptos CEO faces billion dollar lawsuit by Glazer family member over equity (TB)
- CFTC Chair: Both Bitcoin and Ethereum Are Commodities for Regulatory Purposes (Cryptoglobe)
THE BAD
- SEC can’t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case (Cointelegraph)
- Is SafeMoon A Billion Dollar Fraud? Coffeezilla Thinks So – Pt.3: V2 Contract (Bitcoinist)
PODCASTS
- The Scoop: Digital collateral "changes everything," says Abra CEO Bill Barhydt
- The Wolf of All Streets: Why NBA Legend John Salley Believes In Bitcoin And Wants To Orange Pill You
- The Crypto Conversation: Sergey Nazarov - Building a world powered by cryptographic truth
- The Breakdown: Tether’s Reserve Attestations: Commercial Paper Down, Treasurys Up
- Stephan Livera Podcast: SLP380 Jeff Deist & Stephan Livera chat Economic Freedom Around the World
- Unchained: The 5 Biggest Lessons From Terra/Luna's Collapse, According to Tascha Che
