26 Apr: Crypto to Flow into 401Ks


“The real opportunity for success lies within the person and not in the job.”
-Zig Ziglar

--NO TAX ON CRYPTO PROFITS!--

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

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

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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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