BIS Economists Contend Crypto Can't Fulfill the Role of Money and more | June 8, 2022

The nature of permissionless blockchains necessarily leads to “fragmentation of the crypto...  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ Wednesday, June 8 2022 [Unsubscribe]()  [Daily Market Alerts](=) [Mega Trend 267X Bigger Than Blockchain](=) A new disruptive force is about to upend our daily lives. Wired called it "the future of the internet." It's bigger than the Internet of Things, AI, and blockchain combined. Forbes estimates it's at least "a $1 trillion revenue opportunity" in the making. And everyone's getting in now. [Click here for full details…](=) SPONSORSHIP [CoinDesk - Nathaniel Whittemore]() [BIS Economists Contend Crypto Can't Fulfill the Role of Money]() The nature of permissionless blockchains necessarily leads to “fragmentation of the crypto landscape,” according to the paper. [Read More]() [CoinDesk - Nathaniel Whittemore]( [Osmosis Chain Halted Amid Possible $5M Exploit]( Over $5 million in liquidity may have been drained from Osmosis, a blockchain within Cosmos that operates a decentralized exchange. [Read More]( [Cointelegraph.com News - Cointelegraph By Turner Wright]( [PayPal enables transfer of digital currencies to external wallets]( The move comes after nearly two years since PayPal enabled users to buy and sell crypto on its platform. [Read More]( [Crypto 101 Media](=) [Free Presentation on Cryptos Poised to Rebound](=) I've seen crypto market dips just like this before. And each time, crypto rebounded quickly on the way to new, undreamed-of heights. That's why I'm giving a free Crypto Presentation pinpointing exactly how I spot cryptocurrencies I think are poised to rebound to new highs and beyond. [Register here now.](=) SPONSORSHIP = [CoinDesk - Nathaniel Whittemore](=) [Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom](=) Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to some indicators. Meanwhile, some fund managers are hoping for a 10%-20% price jump to recover from last month's losses. [Read More](=) [Cointelegraph.com News - Cointelegraph By Turner Wright]() [‘Can it get any easier?’ Bitcoin whales dictate when to buy and sell BTC]() Whale buying and selling has effectively told traders how to position their bids and asks, data reveals. [Read More]() [CoinDesk - Nathaniel Whittemore]( [Preparing for the Dreaded Down Round]( BlockFi is reportedly worth $2 billion less than previously estimated. How should crypto navigate a time of tightening monetary policy and venture capital financing? [Read More]( [Cointelegraph.com News - Cointelegraph By Turner Wright]() [New York governor yet to commit to signing Bitcoin mining ban into law]() “We’ll be looking at all the bills very, very closely. We have a lot of work to do over the next six months,” said Governor Hochul. [Read More]() [CoinDesk - Nathaniel Whittemore]() [US Justice Department Urges More Coordination to Combat Crypto Crime]() A new report from Justice responds to this year’s executive order from President Joe Biden, marking some of the first recommendations produced by the order. [Read More]() = [Cointelegraph.com News - Cointelegraph By Turner Wright](=) [$72M Illuvium NFT Land Dutch auction saves buyers thousands on gas fees](=) The use of a Dutch auction on its own chain may be two major factors that contributed to the sale’s success in selling out the Land plots and keeping gas fees low. [Read More](=) = [Cointelegraph.com News - Cointelegraph By Turner Wright](=) [Bill to ban digital assets as payment introduced in Russian parliament](=) The legislation would oblige the DFA managers to withhold any deals, implicating the usage of crypto as a monetary surrogate. [Read More](=)  = Trade Stocks 580 Broadway, Laguna Beach, Ca, United States, 92651 All Rights Reserved © 2022 [Subscribe]() | [Report Content]() | [Learn more](=) | [Unsubscribe]()