👉 The Overnight Collapse of a $50B Blockchain

Monday, May 16, 2022
Your Weekly Update On All Things Crypto
In Partnership With:
TL;DR
MACRO NEWS
Huge Crypto Crash As All Fingers Point To Terra And Unreliable Stablecoin...
One of the biggest risks associated with the crypto industry is volatility, a fact which numerous regulators have pointed out could be the downfall of the entire sector.
As such, a popular token has lost over 95% of its value, taking down a so-called stablecoin with it... 

Germany And China Make Important Announcements To Give Crypto Industry A Boost...
Although the current state of the crypto market is not the best, with the recent Terra (LUNA) and UST debacle resulting in drastic price drops for numerous cryptocurrencies, there may still yet be a light at the end of the tunnel. Not only has Germany announced that there shall be no taxes whatsoever for selling Bitcoin (BTC) and Ethereum (ETH) if held over a year... 

Institutional & Retail Acceptance of Crypto Payments Accelerates...
TThe global acceptance of digital resources and currencies is changing dramatically. State-run administrations and foundations across the globe are actively considering adopting Bitcoin (BTC) and other cryptocurrencies for payment purposes, including a small private institution outside Boston... 

Crypto Is Forever, And Can Now Buy Diamonds...
Continental Diamond, a jewelry business in St. Louis Park, will now be accepting Bitcoin, Shiba Inu and other cryptocurrencies as payment.

As such, Continental Diamond has become the inaugural diamond store in Minnesota to accept crypto payments... 

INDUSTRY EVENTS
Permissionless
Conference & Expo
VIP Events
NFT Gallery
Nightlife
Speakers

TECHNICAL ANALYSIS
Bitcoin Breaks Below 200-Week Moving Average for First Time in Over 2 Years
ETH/BTC Breaks Below Support and Tests 50-Week Moving Average
CONTENT OF THE WEEK

What Happened To Luna? Scott Melker On CBS NEWS

Jeremy Allaire on the Regulatory Fallout After Terra

Q2 Crypto Earnings Are BAD!! Here's What They Mean!!
Subscribe to the CryptoWeekly YouTube Channel
Follow CryptoWeekly on LinkedIn
Want to Sponsor the Newsletter?
We at CryptoWeekly are not Financial Advisors. None of the content or opinions expressed in this newsletter should be considered financial advice. We highly recommend that you do your own research before investing in any project within or outside the cryptocurrency space.

Older messages

👉 Google Is Assembling A Web 3.0 Team...

Monday, May 9, 2022

We bring you the top stories in crypto every week! Stories like... Monday, May 9, 2022 Sign Up Your Weekly Update On All Things Crypto In Partnership With: TL;DR Binance Receives DASP Registration In

👉 Evmos Finally Goes Live On Cosmos After Years of Development

Monday, May 2, 2022

We bring you the top stories in crypto every week! Stories like... Monday, May 2, 2022 Sign Up Your Weekly Update On All Things Crypto In Partnership With: TL;DR Evmos Finally Goes Live On Cosmos

👉 Coinbase Launches Beta NFT Marketplace

Monday, April 25, 2022

We bring you the top stories in crypto every week! Stories like... Monday, April 25, 2022 Sign Up Your Weekly Update On All Things Crypto In Partnership With: TL;DR New Limited Beta Version Of NFT

👉 Ethereum Merge Delayed to Likely Q3 or Q4

Wednesday, April 20, 2022

We bring you the top stories in crypto every week! Stories like... Monday, April 18, 2022 Sign Up Your Weekly Update On All Things Crypto In Partnership With: TL;DR Elon Musk Wants To Buy Twitter For a

👉 Elon Musk Wants to Buy Twitter for a Massive $43 Billion...

Monday, April 18, 2022

We bring you the top stories in crypto every week! Stories like... Monday, April 18, 2022 Sign Up Your Weekly Update On All Things Crypto In Partnership With: TL;DR Elon Musk Wants To Buy Twitter For a

You Might Also Like

Bitcoin’s sharp rise and fall starts week with $418 million in liquidations

Monday, January 13, 2025

Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…

Monday, January 13, 2025

US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏

Crypto Crash Imminent As US DOJ Sells Over 69K BTC

Monday, January 13, 2025

Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break

2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly

Monday, January 13, 2025

In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%

86% of Bitcoin’s sell-off driven by short-term retail traders

Sunday, January 12, 2025

High exchange inflows from day traders indicate short-term trading activity as the key driver behind Bitcoin's price volatility. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Asia's weekly TOP10 crypto news (Jan 6 to Jan 12)

Sunday, January 12, 2025

The Russian Ministry of Finance has announced plans to liquidate Bitcoin assets seized in connection with the Infraud hacking case. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

FDIC interim chair calls crypto debanking ‘unacceptable’ amid concerns over Operation Chokepoint 2.0

Saturday, January 11, 2025

Although not directly from the FDIC, Hill's remarks brought new clarity to what critics have called "Operation Chokepoint 2.0." ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Weekly Project Updates: Berachain Deposits Surpass $1.1 Billion, Movement Secures $100 Million in Series B Funding…

Saturday, January 11, 2025

On Friday, the proportion of the USD0/USD0++ Pool on Curve, with a Total Value Locked (TVL) of $245 million, tilted severely. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Ethereum and Solana staking no longer classified as collective investment schemes in the UK

Friday, January 10, 2025

The UK Treasury's amendments are part of the government's recent plans to foster crypto innovation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

WuBlockchain Weekly: U.S. Government Authorized to Sell $6.5 Billion Worth of Bitcoin, Pro-Crypto Pierre Poilievre…

Friday, January 10, 2025

The US government has received approval to liquidate 69000 Bitcoins (valued at $6.5 billion) seized from the “Silk Road” darknet market, a government official confirmed to DB News on Thursday. ͏ ͏ ͏ ͏