25 Apr: Legal Tender? No.


“To understand the heart and mind of a person,
look not at what he has already achieved,
but at what he aspires to do.”

-Kahlil Gibran

--NO TAX ON CRYPTO PROFITS!--

Happy Monday! The end of the month is fast approaching and Bitcoin and the broader Crypto market continues to drop. Will we see many sell in May and go away? Historically, Bitcoin has performed well in the month of May save 2013, 2015, 2018, and 2021. The two most covered stories today is Central African Republic making it possible to pay with Bitcoin and UAE granting license to Kraken. A lot of notable folks voicing their opinions, Analyst attempting to predict of project market movement, and the government seizing lots of Digital Assets and sanctioning wallets. 

TOP COVERAGE

JUST IN

  • $3,000,000,000 Worth of Bitcoin (BTC) Forfeited to US Government By Former Silk Road Founder (TDH)
  • Morgan Stanley Says Wholesale Banks Can Thrive in a More Regulated Crypto Market (Coindesk)
  • Crypto Becomes Lifeline for Russian Emigrés Opposing Putin’s War in Ukraine (Coindesk)
  • Drugs, Drugs and More Drugs: Crypto on the Dark Web (Coindesk)
  • Introducing CoinDesk's Payments Week (Coindesk)
  • How to Send Money to the Wrong Side of the War (Coindesk)
  • Crypto Lender Becomes First Credit Shop to Expand on Solana (Blockworks)
  • Argentinians Embrace Crypto As They Attempt Escape From Economy-Related ‘Trauma’ (Cryptoglobe)

MARKET WATCH

  • Crypto Market Forecast: Week of April 25th 2022 (Brave NewCoin)
  • "Extreme Fear" Now Prevails on Crypto Market (UToday)
  • This Week [In] Crypto: Tax Season, Regulations, ETFs, Ross Ulbricht’s $3 Billion Forfeiture (BIC)
  • American Investors Led in Realized Crypto Gains in 2021: Report (CryptoPotato)

BITCOIN

  • Specialists Expect Bitcoin Back To $65K By End Of Year, Survey Finds (NewsBTC)
  • Bitcoin Recovers Above $40K After Dipping Earlier to 6-Week Low (Coindesk)
  • Bitcoin Holding Support Above $37K; Resistance at $43K (Coindesk)
  • First Mover Americas: The Bitcoin Death Cross (Coindesk)
  • Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears (Cointelegraph)
  • ‘Something sure feels like it's about to break’ — 5 things to know in Bitcoin this week (Cointelegraph)
  • Bitcoin Falls to Six-Week Low Amid Risk-Off Sentiment (Coindesk | BIC)
  • Crypto Experts Bet On Bitcoin Price To Peak At $81,000 This Year (ZyCrypto)

ALTCOINS

  • Top 5 cryptocurrencies to watch this week: BTC, DOT, XMR, APE, CAKE (Cointelegraph)
  • Terra (LUNA) Trading Volume Spikes By $195 Billion in Quarterly High (BIC)
  • Cardano Crowd Sentiment Hits Most Positive Level Since Mid-November As Traders Anticipate ADA Rebound (ZyCrypto)
  • Shiba Inu (SHIB) Rebounds For the Fourth Time From 82-Day Support Line (BIC)
  • Shiba Inu to $0.001: Here Are Two Potential Reasons for SHIB's Next Price Move (UToday)
  • Could XRP price lose another 70% by Q3? (Cointelegraph)
  • Zilliqa, NEAR Protocol Suffer Double-Digit Losses as Crypto Market Dips (Decrypt)
  • Curve DAO Token (CRV) Rejected By Monthly Resistance (BIC)

CBDCs/STABLECOINS

  • Afghan Citizens Turn to Stablecoins, Not Bitcoin, to Protect Wealth (BIC | Bitcoinist)

ANALYST'S CORNER

  • Coinshares: Institutional Investors Scoop Up Discounts on Avalanche (AVAX), Solana (SOL) and Two More Altcoins (TDH)
  • Kaleo: Top Trader Issues Warning to Bitcoin Bulls, Says Another Leg Down for BTC Approaching (TDH)
  • Justin Bennett: Top Analyst Warns of More Downside Risk for Ethereum (ETH) – Here’s His Target (TDH)
  • Tone Vays: Here’s What’s Ahead for Bitcoin (BTC) After ‘Nasty’ Breakdown, According to Veteran Trader Tone Vays (TDH)
  • Katie Stockton: Bitcoin Breaking Below $30K Is "Very Possible," Analyst Says (UToday)
  • Capo: Crypto Analyst Says Dramatic Bitcoin Correction Imminent As BTC Struggles Below $40,000 (TDH)
  • Rekt Capital: Ethereum may face ‘a volatile retest of $3,000,’ suggests prominent crypto trader (Finbold)
  • Jurrien Timmer: Fidelity Exec on Bitcoin Price says ‘Boring Is Good if You Want Institutional Adoption’ and The Boom and Bust Days of Bitcoin (BTC) Are Over (Cryptoglobe | TDH)
  • Kevin Svenson: Indicator That’s Almost Never Failed Could Signal Next Bitcoin (BTC) Bottom, Says Top Crypto Analyst (TDH)
  • Altcoin Sherpa: Analyst Says KNC in Midst of Parabolic Surge, Predicts Rallies for $APE & $AVAX (TDH)
  • Barry Silbert: Crypto Mogul Buying Dogecoin "Crossed My Mind" (UToday)

NOTABLE VOICES

  • CZ: Bitcoin Less Volatile Than Tesla and Apple for the Past 2 Years, Claims Binance CEO (CryptoPotato)
  • Fabio Panetta: ECB Executive Board Member Blasts Crypto as ‘Ponzi Scheme’ Fueled by Greed (Coindesk)
  • Raj Dhamodharan: Mastercard’s Head of Crypto Not Concerned About Threat From Blockchain Technology (Cryptoglobe)
  • Raoul Pal: Weakening Global Economy Could Trigger Next Parabolic Crypto Bull Run, According to Macro Guru Raoul Pal (TDH)
  • Michael Saylor: MicroStrategy CEO say ‘Strategy To Acquire and Hold Bitcoin Has Been a Tremendous Success’ and dismisses rumors about the company selling its Bitcoin holding (Cryptoglobe | Finbold)
  • Anthony Scaramucci:  SkyBridge Capital Founder says ‘Cryptocurrency Markets Represent Tremendous Growth’ (Cryptoglobe | Cointelegraph | BIC)
  • Brian Armstrong: Coinbase CEO say Apple’s App Store is Restricting Innovation; Crypto-Compatible Devices Are the Future; Predicts How Bitcoin (BTC), Ethereum (ETH) and Other Altcoins Will Be Regulated (BIC | TDH | Forbes)
  • Elon Musk: Believes These Two Things Will Make Dogecoin More Useful (UToday | ZyCrypto)
  • Tarun Chitra: explains crypto's billion-dollar problem: cross-chain bridging (TB)
  • Helen Hai: NFTs Are Technological Renaissance for Inspiration,  (Interview) (CryptoPotato)

PARTNERSHIPS/ACQUISITIONS

  • B Capital-Backed Crypto Exchange Zipmex Partners With Australian Football And Rugby Teams (Forbes)
  • OpenSea Acquires Ethereum NFT Aggregator Gem in Push for 'Pro' Users (Decrypt | TB | Coindesk | EWN | TB | Bitcoinist)

PEOPLE ON THE MOVE

  • Moonbirds COO Leaves Project for New Fund – With $1M in NFTs in Tow (Coindesk)
  • “The Brain Drain Is Real”, Crypto Space Thirsts For Lawyers As Regulatory Pressure Mounts (Bitcoinist)
  • New 21Shares VP of Product is the latest defector from big tech (TB)
  • Crypto Ecosystem Can’t Get Enough of Lawyers, Says Report (BIC)

WEB3

  • Football legend David Beckham enters into NFTs and the metaverse with 3 trademark filings (Finbold)
  • NFL Draft Goes NFT: Football League Releases New Collection on Polygon (Coindesk)
  • Postmates founder Bastian Lehmann set to launch crypto startup: report (TB)
  • First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules (Coindesk)
  • AkuDreams dev team locks up $33M due to smart contract bug (Cointelegraph)
  • Meet Joel Dietz, The MetaMask Founding Architect Helping People Build Their Own Metaverse (Bitcoinist)
  • Moonbirds NFT sells for record $1 million within week of launch (TB)
  • OpenSea top-10 NFT projects soar as new liquidity enters the market (Cointelegraph)
  • Meta is opening a metaverse-inspired brick-and-mortar store (TB | BIC | Bitcoinist)
  • What is Azuki? All You Need to Know About the NFT Collection (CryptoPotato)
  • Meta will open physical metaverse-themed store in San Francisco Bay Area (Cointelegraph)

ETF/ETP

  • Grayscale Lawyers Again Urge SEC to Approve GBTC Conversion to Bitcoin ETF (Blockworks | TDH)
  • Brazilian Crypto Asset Manager Hashdex Approved to List ETPs in Switzerland (Coindesk)

EXCHANGES/WALLETS

  • 7 Best Non-Custodial Crypto Wallets: The Complete List (CryptoPotato)
  • dYdX Faces Censorship and Centralization Criticism for Blocking User Accounts (EWN | TB)
  • Binance Trading Volume Soars More than $440 Billion in Quarterly High (BIC | Coindesk)

DEFI/CEFI/TRADFI

  • Top 5 DeFi Platforms That are Preferred by Investors (BIC)
  • Decentralization ‘absolutely essential’ in building crypto capital markets (Cointelegraph)
  • Crypto Payments: When the Tech Fades to the Background (Coindesk)
  • DeFi partnership aims to tokenize shares of pre-IPO companies (Cointelegraph)

BLOCKCHAINS

  • Fortune 500: 94% of Surveyed Execs Have Blockchain Project Plans (BIC)
  • Ether (ETH) Close to Magical Chemical Reaction: BTC.TOP CEO Jiang Zhuoer (UToday)
  • What is Ethereum (ETH)? A Beginner's Guide to the Smart Contract Blockchain (Decrypt)
  • Decentralized credit scores: How can blockchain tech change ratings (Cointelegraph)
  • Getting Shibby with it: SHIB burning portal launches (Cointelegraph | Decrypt | Coindesk | ZyCrypto)
  • ViaBTC Capital | The “Building Block” of Blockchain Progress: Infrastructure Construction (NewsBTC)
  • Polygon Burns More Than 650,000 MATIC After Launch of Burn Mechanism (UToday)
  • Cardano to increase block size by 10% today speeding up transactions and DApp performance (Finbold)
  • Worldcoin Announces Privacy Upgrade After Backlash (BIC)

MINING

  • Coal Back in Vogue: Bitcoin Miners Take Advantage of Rising Energy Prices (BIC)
  • GPUs Get Cheaper as Ethereum’s Switch to PoS Gets Closer (Coindesk | BIC)
  • New York Lawmakers Advance Mining Moratorium Bill to Full Assembly (CoindeskCointelegraph | BIC)

FORT WORTH, TEXAS SET TO VOTE ON A BITCOIN MINING BILL TOMORROW

REGULATION

  • EU Tightens Noose Around Bitcoin Price To Protect Ethereum, Internal Documents Reveal (Bitcoinist | TB)
  • ECB needs 'globally coordinated regulatory action' on crypto, says official (Cointelegraph | Cryptoglobe | Blockworks)
  • As US Watchdogs Sink Teeth Into Crypto, Data Are Paramount for Fair Rulemaking (Blockworks)
  • India: Banks Seek Formal Crypto Directive From Payments Body (BIC)

FOLLOW DAT MONEY

  • Entertainment company Mad Realities raises $6 million to create decentralized media (TB)
  • Nigerian Fintech Startup Afriex Raises $10 Million For Its Blockchain Money Transfer Platform (Forbes)
  • Crypto Funds Saw Minor Outflows Last Week (Coindesk)

HACKS/ATTACKS/SCAMS

  • U.S. Treasury Sanctions Three Ethereum (ETH) Wallets With Ties to North Korean Hacker Group (TDH)
  • USSS Seized Over $102 Million in Crypto Since 2015: Assistant Director David Smith (CryptoPotato)
  • Stepn impersonators stealing users' seed phrases, warn security experts (Cointelegraph)
  • Reggie Fowler Pleads Guilty in Crypto Capital Corp. Case Tied to Bitfinex's Missing Millions (Coindesk | TB
  • NFT Project Aku Dreams Loses $34 Million To Smart Contract Flaw (Bitcoinist)

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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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