“The real opportunity for success lies within the person and not in the job.”
-Zig Ziglar
Happy Tuesday Folks! Fidelity adding crypto to 401(K)s should give the markets a boost; it's the next best thing to an ETF for allowing more investors exposure to Bitcoin. With 80% of Institutions bullish on Digital Assets and better regulation on the horizon, the future is bright for Digital Assets going forward. The overall sentiment is still mixed with some believing a pullback is still in the cards and others believing we could see a pop; DOGE continues to dominate the news cycle in altcoins. Listen to the Bitcoin Magazine Podcast as Jack talks about adding Bitcoin to point of sales (PoS) Networks.
TOP COVERAGE
- Fidelity Investments Adds Crypto to 401(K) Products (BIC | Cointelegraph | Coindesk | TB | UToday | Bitcoin Magazine | Blockworks)
- Coinbase NFT Partner 0x Labs Raises $70 Million From Greylock Partners, Jump Crypto, and Jared Leto (Forbes | Coindesk | Trustnodes | TB | Blockworks)
- Ethereum scaling startup Optimism confirms governance token as part of broader shift (TB | Bitcoinist | Decrypt | Cointelegraph | Trustnodes)
- The city of Fort Worth, Texas votes to become a bitcoin miner (Blockworks | TB | Bitcoin Magazine | Coindesk)
- Grayscale to Enter European Market (UToday | CryptoPotato | Cointelegraph | BIC)
- Australian Crypto ETF Launch Delayed Due to Pressure From Unidentified Broker: Report (Coindesk | Cointelegraph | Blockworks)
- Ex-Jefferies Execs, Former Euronext FX CTO To Launch Crypto Exchange (Blockworks | TB | Cointelegraph)
- Bybit to offer crypto options trading to customers (TB | CryptoPotato | Cointelegraph)
JUST IN
- What You Should Know Before Investing In Fidelity’s Bitcoin Retirement Accounts (Forbes)
- Ethereum DeFi Project Teller Facilitates First Uncollateralized Mortgage Loan (Decrypt | Cointelegraph)
- MicroStrategy to let employees invest in Bitcoin through 401(k) retirement plans (Finbold | Coindesk)
- UK Firms Bullish That Mainstream Crypto Adoption Will Take Less Than 10 Years (BIC)
- El Salvador’s Wild Bitcoin Experiment Is ‘Crumbling’ — Bombshell Study Reveals (ZyCrypto)
- SkyBridge Doubles Down on Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) (TDH)
- 80% of Institutions Bullish on Crypto’s Future, Survey Finds (Blockworks | Finbold)
- CityCoins expanding services via 11 new incubated projects (Cointelegraph)
- Binance to donate $75 worth of BUSD for 3 months to every Ukrainian refugee (Finbold)
MARKET WATCH
- Over $100 billion enters the crypto market cap in 24 hours as Bitcoin reclaims $40,000 (Finbold)
- Crypto Outflows Cool Off Despite Weak Sentiment, Fear in the Market (BIC)
BITCOIN
- Bitcoin Pullback Deepens; Support at $37K (Coindesk)
- Bitcoin (BTC) on-Chain Analysis: Stablecoin Supply Ratio Approaches All-Time Low (BIC)
- Bitcoin Rebounds Above $40,000 After Bearish Weekend (Decrypt)
- Bitcoin (BTC) Creates Bullish Candlestick and Reclaims Ascending Support Line (BIC)
- TA: Bitcoin Overcomes Hurdles, Why BTC Could Regain Momentum (NewsBTC)
- Bitcoin repeats rare weekly chart signal that resulted in 50% BTC price dips (Cointelegraph)
- Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low (Coindesk)
- How to store Bitcoin on MetaMask? (Cointelegraph)
ALTCOINS
- Here Are the Most Popular Cryptocurrencies in South Korea (CryptoPotato)
- Institutional investment flows out of ETH and into competing L1 altcoins (Cointelegraph)
- Cardano, Ripple Make Most Popular Crypto List In South Korea (Bitcoinist)
- Terra (LUNA) Deviates Above Previous All-Time High Resistance, Eyes Support at $102 (BIC)
- Dogecoin (DOGE) Primed for Over 30% Rally After Strong Recovery, According to Top Crypto Analyst (TDH)
- Dogecoin (DOGE) Increases by 40% in a Day – Multi Coin Analysis (BIC)
- Dogecoin, ApeCoin See Higher-Than-Usual Liquidations in Volatile Trading (Coindesk)
- Dogecoin whale transactions soar to 4-month high; Is a big price move imminent? (Finbold)
- Dogecoin (DOGE) Trading Volume Tumbles More than $150B in Quarterly Low (BIC | NewsBTC)
- ApeCoin price breakout stalls after $2.4M BAYC NFT robbery — What's ahead? (Cointelegraph)
- Floki Inu resumes controversial ad blitz in London (Cointelegraph)
- What are the top 3 trending altcoins ($LUNA $APE $GMT) to buy in 2022 | Find out now on The Market Report (Cointelegraph)
- Coinbase Reveals Surprise Support for Secretive Ethereum Competitor, Sparking Altcoin Rally (TDH)
ADOPTIONS/ACCEPTANCE
- Why Haven't Crypto Payments Taken Off? (Coindesk)
- Fast, Fluid, Frictionless Payments Are the Future (Coindesk)
- The Lightning Network Is Bringing Payments Back to Bitcoin (Coindesk)
- What major sports are paying athletes in crypto? (Cointelegraph)
- Wen Lambo fixed? Mechanic receives first payment in Bitcoin to mend Lamborghini (Cointelegraph)
CBDCs/STABLECOINS
- Canadian Dollar to Remain Despite Growing Calls for Stablecoin Adoption (BIC)
ANALYST'S CORNER
- Will Clemente: Bitcoin "Bullish Scenario" Possible After Reaching $47,000, Blockware Analyst (UToday)
- Benjamin Cowen: Bitcoin Surpassing Gold and Real Estate As Inflation Hedge, Says Top Analyst – Here’s Why (TDH)
- Michael van de Poppe: Here’s What’s Next for Ethereum Rivals Polkadot, NEAR and $VET, and $GMT, According to Top Analyst (TDH)
- Raoul Pal: Ex-Goldman Sachs Exec on Why He Is Super Bullish on Social Tokens Such As ApeCoin ($APE) (Cryptoglobe | TDH)
NOTABLE VOICES
- Fabio Panetta: Crypto Clampdown Only Way of Controlling the ‘Wild West’ of Finance, Says ECB Director (BIC)
WEB3
- Web3 solutions aim to make America’s real estate market more accessible (Cointelegraph)
- NFL Releases 2022 Draft 'Virtual Ticket' NFTs on Flow (Decrypt)
- NFT Move-To-Earn – Get Rewarded With Crypto While Jogging (Bitcoinist)
- Yuga Labs’ Otherside metaverse land auction imposes KYC checks (TB)
- Video Game Developers Clash With Publishers Over Web3 Integration (BIC)
BITCOIN CORE 23.0 RELEASED: WHAT’S NEW
DEFI/CEFI
- Fireblocks expands institutional access to Terra's DeFi ecosystem (Cointelegraph | Coindesk | EWN)
- Stacks Ventures Adding DeFi Capabilities to CityCoins (BIC)
ETFs/FUNDS
- FalconX Tests Waters as First Full-Fledged Crypto Derivatives Dealer (Coindesk)
- DCG CEO Barry Silbert Considers Buying Dogecoin — Grayscale Could Soon Launch New DOGE Trust (ZyCrypto)
PARTNERSHIPS/ACQUISITIONS
- Crypto tax calculator Koinly integrates Terra into its platform (Cointelegraph)
BLOCKCHAINS
- Crypto lender Maple Finance expands support to Solana (Cointelegraph)
- Can Terra blockchain sustain its growth? Research report digs deeper (Cointelegraph)
EXCHANGES/ATMS
- Binance Introduces New Crypto Card for Ukrainian Refugees (CryptoPotato)
- Coinme Enters Its 49th State, Installing Bitcoin ATMs in Vermont Grocery Stores (Coindesk)
MINING
- Bitcoin network electricity usage drops 25% in Q1 2022, easing energy consumption fears (Finbold)
- Sustainable energy usage for BTC mining grows nearly 60% in a year (Cointelegraph)
- Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences (Cointelegraph)
- Bitcoin Mining Ranked As One Of The World’s Most Sustainable Industries, Survey Shows (Bitcoinist)
REGULATION
- New York Bill Banning Proof-of-work Crypto Mining Poised to Advance (Blockworks | BIC)
- Crypto.com made a major move into federal lobbying at the start of the year (TB)
- US crypto trade association lobbying slipped last quarter for the first time in years (TB)
- Crypto Influencers Are Moving To Puerto Rico Because Of The Tax Laws. Positive? (Bitcoinist)
- Crypto advocate mounts challenge to longtime Silicon Valley Congresswoman (Cointelegraph)
- CFPB invokes old rule to expand authority over fintech and crypto firms (TB)
- DOJ Launches Legal Action Against Europeans Over North Korean Sanctions Violations (BIC)
FOLLOW DAT MONEY
- GamerGains Gets $5.8 Million for Solana Play-and-Earn Platform Supporting Web2 Games (Decrypt)
- CXIP Labs Taps Celebrity Investments in $6.5M Round for NFT Development Suite (Coindesk | TB)
- Soon-to-launch FX Trading Platform Secures $8.5M in Seed Funding (Blockworks)
- Decentralized Forex Is Coming to Terra: Vertex Protocol Raises $8.5M (Coindesk)
- YGG SEA Raises $15m In Private Funding To Foster Play-to-earn Gaming Adoption And Development Across Southeast Asia (Bitcoinist)
- CleanSpark secures $35 million in debt capital (TB | Bitcoin Magazine)
- Starling Bank raises £130.5 million at £2.5 billion valuation (TB)
- Founders from a16z, Solana and more back new billion-dollar crypto fund (TB)
HACKS/ATTACKS/SCAMS
- Here's Who Is Behind Majority of NFT Hacks and How Much They Hold (UToday | BIC)
- Chinese court rules marketplace guilty of minting NFTs from stolen artwork (Cointelegraph)
PODCASTS
- Bitcoin Magazine: Jack Mallers Is Adding Bitcoin To Major PoS Networks
- The Breakdown: Did a Second Nation Actually Just Make Bitcoin Legal Tender?
- On The Brink: Pat Larsen (ZenLedger) on the State of Crypto Taxes
- Unchained: Amy Wu on Why FTX Is So Excited About Web3 Gaming
- The Scoop: The Scoop Mining Report with Wolfie Zhao: Hodlers offload some mined bitcoin
- The Crypto Conversation: Ethernity - the NFT issuing platform and marketplace for notable personalities
