27 Apr: $650M Crypto Fund


“Do not be embarrassed by your failure, learn from them, and start again.”
-Richard Branson

--NO TAX ON CRYPTO PROFITS!--

Happy Humpday folks! Dragonfly Capital has closed its third fund with $650 million in capital, pushing the firm’s assets under management to around $3 billion which will allow Dragonfly Capital to lead rounds in later-stage companies. We continue to see more city officials allow payment of taxes in Bitcoin, this time it's Buenos Aires. The first combined Bitcoin/Gold ETF list on SIX Exchange, Latin America continues to shift toward Crypto Assets by licensing VASP in Cuba, and Brazil Senate approves Bitcoin law. Lastly, NY bans non-renewable mining. Watch the What Bitcoin Did podcast with Darin Feinstein and listen to the Bitcoin Fundamentals hosted by Preston Pysh to learn how to talk to your advisor about Bitcoin.

BREAKING

TOP COVERAGE

CRYPTO MARKET

  • Crypto Market's Direction During a Recession Might Depend on Nasdaq (Coindesk)
  • Private Capital Buying The Dip Keeps Crypto Market Afloat (Bitcoinist)

BITCOIN

  • Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze' (Coindesk)
  • Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap (Cointelegraph)

ALTCOINS

  • Ethereum on-chain data hints at further downside for ETH price (Cointelegraph)
  • Dogecoin, Terra Fall Steepest Among Majors as ‘Long’ Traders Lose $280M (Coindesk)
  • Ethereum Whales Stockpiling Dogecoin Competitor Shiba Inu ($SHIB), ApeCoin ($APE), $SAND, and $MANA: On-Chain Data (TDH)
  • 115.3 Million XRP Sent by Ripple and Large Exchanges to This Destination (UToday)
  • TRON (TRX) Trading Volume Sinks More Than $94 Billion in Quarterly Low (BIC)
  • Ethereum Classic (ETC) Drops By 40% Since April Highs (BIC)
  • What's UNUS SED LEO (LEO) and Why Did It Rally by 150% (UToday)
  • SafeMoon Community Responds to Coffeezilla Allegations, Prompting A Correction (BIC)
  • Reserve Rights (RSR) Drops To New Yearly Low (BIC)

CBDCs

  • Hong Kong Monetary Authority Invites Views on Retail CBDC (Coindesk)

ACCEPTANCE/ADOPTION

  • Shiba Inu and Other Cryptos Now Accepted on This Esports App Through FTX: Details (UToday)
  • Crypto, Cannabis and SAFE Banking (Coindesk)
  • Crypto Bahamas Kicks Off As Country Solidifies Plans To Become ‘Leading Digital Asset Hub’ Amidst Market Uncertainty (Forbes)
  • Luxury Resort in Malaysia Will Raise Funds to Build by Selling Tokens (BIC)
  • European Crypto Users Prefer Decentralized Services, Bank of Spain Says (CryptoPotato)

ANALYST'S CORNER

  • Nicholas Merten: Is Crypto the Dark Horse Asset Class During Recession? Top Analyst Shows Bitcoin Chart No One’s Talking About (TDH)
  • Mike McGlone: Ethereum’s role in the digitization of finance ‘may support further price appreciation,’ says commodities expert (Finbold)
  • Benjamin Cowen: Analyst Details Massive Polkadot (DOT) Prediction for Next Leg Up – Here’s His Target $55 (TDH)
  • Bitstamp: Crypto gains trust as investment, but still lags behind other options: report (Cointelegraph)
  • IntoTheBlock: Ethereum Might Be on Bottom According to This Metric (UToday)

NOTABLE VOICES

  • Bill Dudley: Former NY Fed head says The longer crypto regulation is delayed, the harsher it will be (Finbold)
  • Elon Musk: $DOGE: Tesla CEO Disagrees That a ‘Dogecoin-Ethereum Bridge’ Will ‘Add Utility’ (Cryptoglobe)
  • John Wu: Avalanche's New Wallet Will Feel 'Smooth as Silk' says Ava Labs President (Decrypt)

PEOPLE ON THE MOVE

  • Incoming Komainu CEO to stay at London Metal Exchange following nickel squeeze (TB)
  • Former Homeland Security Chief Nielsen to Join Astra as Adviser (Coindesk)

WEB3/GAMES

  • Surprise: The Bored Ape Yacht Club NFT IRL Restaurant Is Pretty Good (Decrypt)
  • Author Margaret Atwood Wants Students to Envision Future Utopias—And Mint Them as NFTs (Decrypt)
  • Fitness Metaverse: This Tech Company Trades Sweat For Crypto And NFTs (Forbes | BIC)
  • Cardano Metaverse Projects To Look Out For In 2022 (Bitcoinist)
  • Wallet Not Needed: First Crypto P2E Platform for PC and Console Gamers (BIC)
  • Lighting Payments Come to Mobile Games, Fueling Bitcoin Adoption (Coindesk)
  • The Art Of Tokenization: How A Picasso Painted Itself Onto The Blockchain (Forbes)

ACQUISITION/PARTNERSHIP

  • Bitcoin miner Foundry acquires web3 firm Upstate Interactive (TB | Coindesk)
  • Cardano Announces New Collaboration to Promote Interoperability; Here's What to Know (UToday)

DEFI/CEFI

  • Here’s why the growth of token staking could be bullish for Lido (LDO) (Cointelegraph)
  • Solana To Get Uncollateralized Borrowings Finally (Bitcoinist)

ETFs/FUNDS

  • Purpose Bitcoin ETF adds 1.1K BTC as data hints investors want to 'buy the dip' (Cointelegraph)

MINING

  • Bitcoin Mining Council Publishes Q1 2022 Survey Results, Confirming key Improvements (BIC)

ONE STEP CLOSER TO MUNICIPAL BITCOIN PERMANENT FUNDS

BLOCKCHAINS

  • Cardano ($ADA) Developer IOG Raises Network Block Size by 10% to ‘Increase Throughput and Dapp Performance’ (Cryptoglobe | Cryptoglobe | ZyCrypto)

EXCHANGES/WALLETS/ATMS

  • Flexa Expands Payments Suite for Multiple Cryptocurrencies and Wallets (Coindesk)
  • Cardano App for Ledger Hardware Wallets Adds Support for Smart Contracts, Ledger Live Support ‘Is in the Works’ (Cryptoglobe | Bitcoinist)
  • Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Shows (Coindesk)

REGULATION/LEGISLATION

  • US Consumer Protection Bureau Dusts off Old Rule to Address Crypto ‘Risk’ (BIC)
  • Europe's Lawmakers Set to Advance Discussion of Controversial Crypto AML Rules (Coindesk)

FOLLOW DAT MONEY

  • Web3 startup Rain raises $6 million to launch corporate credit cards for DAOs (TB)
  • Yield Guild Games Partner Ola GG Raises $8M to Expand P2E in Spanish-Speaking Markets (Coindesk)
  • Bitcoin Miner Blockmetrix Raises $20M in Debt From BankProv and CrossTower (Coindesk)
  • Ethereum Protocol Tapped by Coinbase for New NFT Platform Surges After Raising $70,000,000 From Crypto Investors (TDH)
  • Who And Why Received The 5 BTC In Grants From The Human Rights Foundation? (Bitcoinist)

ATTACKS/HACKS/SCAMS

  • New Report: Blockchain Hackers Stole $1.3 Billion In Q1 2022 (Bitcoinist)

MISC

  • So What if the Ethereum Foundation Holds Fiat? (Coindesk)
  • Investors: The New Generation Use Social Media for Advice (BIC)
  • Why Crypto Companies Are Choosing the Bahamas to Set Up Shop (Blockworks | Cointelegraph)
  • A Quarter of U.S. Crypto Holders Are Women, Growing More ‘Crypto Curious’ (BIC | Bitcoinist)
  • Ray Dalio Issues Stark Economic Warning, Says Global Paradigm Shift Underway – Is Crypto the Answer? (TDH)
  • How Stagflation Could Trigger Global Bitcoin Adoption (Forbes)
  • Wrestling Russia On The Blockchain - Six Most Likely Sanctions To Be Imposed (Forbes)

PODCASTS

  • Bitcoin Fundamental: BTC075: Talking w/ Your Advisor About Bitcoin w/ Morgen Rochard (Bitcoin Podcast)
  • Bitcoin Magazine: Using Ocean Thermal Energy To Mine Bitcoin w/ Nathaniel Harmon
  • The Wolf of All Streets: Jimmy Song: Bitcoin Is Inevitable | Alts, NFTs, DeFi Are A Big Bubble That Will Pop
  • Decrypt Daily: April 26: Fidelity’s BTC 401k, Intuit Class Action, BAYC’s IG
  • The Breakdown: The World's Biggest ‘Free Speech’ Experiment Has Begun
  • Untold Stories: Mortgage NFTs and the Bacon Protocol with Karl Jacob
  • The Pomp Podcast:  #936 Abubakar Nur Khalil On Bringing Bitcoin Development To Africa
  • Stephan Livera Podcast: SLP368 BitcoinQNA - Bitcoin Seed Tool
  • The Scoop: Framework co-founders unpack their $400 million gaming fund's investment thesis

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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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