Bitcoin is down 1% at $29,845
Ethereum is down 1% at $2028
and Binance Coin is down .5% at $299

Luna Foundation Guard publishes detailed breakdown of the 3B in funds they spent trying to defend the UST peg & Luna.

Grayscale investments is set to list its first ETF in Europe.

President Nayib Bukele of El Salvador says 44 countries will visit El Salvador to discuss Bitcoin.

The CEO of the EminiFX trading platform arrested by FBI, charged with fraud.

Links:

• CEO Of Cryptocurrency And Forex Trading Platform Charged With Fraudulent Scheme Involving Over $59 Million | USAO-SDNY | Department of Justice
• LFG | Luna Foundation Guard on Twitter: "1/ As of Saturday, May 7, 2022, the Luna Foundation Guard held a reserve consisting of the following assets: · 80,394 $BTC · 39,914 $BNB · 26,281,671 $USDT · 23,555,590 $USDC · 1,973,554 $AVAX · 697,344 $UST · 1,691,261 $LUNA" / Twitter
• Nayib Bukele on Twitter: "Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country." / Twitter
• Grayscale Investments Lists First ETF in Europe
• Binance's LUNA investment, which peaked at $1.6 billion, now worth just $3,000

Bitcoin is down 7% at $54,100
Ethereum is down 9% at $4,032
and Binance Coin is down 7% at $585

Siacoin up 15%
Ankr Network up 16%

Hilary Clinton calls for increased regulation in crypto to protect the dollar’s reserve status.

Chainnews is shutting down amid wider moves by Chinese censors.

Regulators in South Korea are calling for criminal punishment for crypto market manipulation.

Grayscale calls metaverse a trillion dollar a year market.

Links:

• China's crypto censorship reaches over news outlets and mining pools
• Hillary Clinton: New Rules Needed To Guard Against Tech Company Abuses - YouTube
• S. Korean Regulators Call for Criminal Punishments for Crypto Market Manipulation
• Grayscale on the Metaverse

Links:

• Epic welcomes blockchain games but don't expect any Fortnite NFTs
• Grayscale hints at plans to convert Bitcoin trust into BTC-settled ETF
• Bitcoin's Futures ETF To Launch Tuesday | ZeroHedge

Bitcoin is up slightly at $47,761
Ethereum is up .5% at $3,308
and Binance Coin is up .5% at $425

Axie Infinity up 31%
Theta Network up 15%

Biden administration to focus on cybersecurity & also looks at regulation of stablecoin issuers.

Around 6000 Coinbase accounts were compromised through MFA this spring.

Axie Infinity is debuting a decentralized exchange.

Grayscale adds Solana, Uniswap to digital large cap fund.

Links:

• Axie Infinity is launching a decentralized exchange
• Statement by President Joe Biden on Cybersecurity Awareness Month | The White House
• Biden Administration Seeks to Regulate Stablecoin Issuers as Banks - WSJ
• Hackers rob thousands of Coinbase customers using MFA flaw
• Grayscale Adds Solana to $494M Digital Large Cap Fund — CoinDesk

Bitcoin is up slightly at $48,771
Ethereum is down slightly at $3,227
and Cardano is down .5% at 2.82

Arweave up 27%
Celo up 21%
Solana up 15%

Jack Dorsey is planning on building a decentralized bitcoin exchange.

The government in Cuba wants to regulate cryptocurrencies according to a resolution published this week.

NBA superstar Steph Curry has joined the Bored Ape Yacht Club.

Billionaire Bill Miller has picked up a $40M position in Grayscale’s bitcoin trust.

Links:

• Cuba to recognize -- and regulate -- cryptocurrencies
• Billionaire Bill Miller takes plunge into GBTC with 1.5 million shares
• NBA icon Stephen Curry buys Bored Ape NFT for $180,000
• jack⚡️ on Twitter: "We’ve determined @TDB54566975’s direction: help us build an open platform to create a decentralized exchange for #Bitcoin" / Twitter

Links:

• Grayscale hires David LaValle as global head of ETFs
• AccuWeather brings weather data to smart contracts by running a Chainlink node
• Coinbase Ventures, Gemini join $6 million funding for Onramp Invest
• DeFi platform Krystal raises $6.6 million in seed funding

Bitcoin is up slightly at $41,610
Ethereum is down slightly at $2,465
and Binance Coin is down .5% at $331

Neo up 39%
Thorchain up 25%
Chainlink up 16%

Ukranian president signs bill allowing for national CBDC.

Bank of America calls CBDCs inevitable and more effective than cash.

A new bill in congress is looking to more heavily tax crypto investors.

Wealthfront to offer crypto vehicles through Grayscale.

Links:

• You Can Now Get Exposure to Cryptocurrency in Your Wealthfront Portfolio - Wealthfront
• Ukraine's President Signs Law Allowing Central Bank to Issue a CBDC - CoinDesk
• Bank of America Calls CBDCs ‘More Effective' Than Cash in Research Note - CoinDesk
• New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes - CoinDesk

Links:

• Turkey Plans to Present Law on Cryptocurrencies in October: Report - CoinDesk
• Grayscale Unveils DeFi Fund Linked to New CoinDesk Index - CoinDesk
• Coal-Based Bitcoin Mining Jumps In Kazakhstan Amid China's Ban | ZeroHedge

Bitcoin is down 1% at $33,623
Ethereum is up slightly at $2,063
and Binance Coin is down 1% at $313

Propy up 68%

The Industrial and Commerce Bank of China enables digital-yuan to cash conversions at over 3k ATMs.

The bitcoin lightning network accelerated to 1500 bitcoin this week.

Portugal licenses cryptocurrency exchanges within the country for the first time.

Grayscale is looking into 13 more investment vehicles.

A VanEck subsidiary is investing in the UK analytics startup CryptoCompare.

Links:

• VanEck subsidiary invests in UK analytics startup CryptoCompare
• Update: Grayscale Investments Exploring Additional Assets | by Grayscale Investments | Jun, 2021 | Medium
• Registration of virtual assets service providers | Banco de Portugal
• Bitcoin Lightning network capacity accelerates to 1,500 BTC

Bitcoin is down slightly at $58,485
Ethereum is down .5% at $3,543
and Binance Coin is down .5% at $633.79

Bitcoin Diamond up 50%
Horizon up 26%
Fantom up 20%

Square’s Cash App’s brought in $3.51 billion in bitcoin revenue during the first quarter of 2021.

VanEck has filed for an Ethereum exchange traded fund.

Sotheby’s is working with Coinbase to accept bitcoin and ether for a physical artwork by Banksy.

The New York giants inked a sponsorship deal with Grayscale

Crypto(dot)com to sponsor the Coppa Italia

Links:

• UFC & Chiliz Partner To Launch UFC Fan Token On Socios.com | UFC
• Auction house Sotheby's to accept bitcoin and ether for a physical artwork via Coinbase
• New York Giants, Grayscale Investments announce first cryptocurrency partnership of an NFL team
• Crypto.com Becomes Official Sponsor of Italy’s Soccer Cup Final - CoinDesk
• Square reports $3.51 billion in bitcoin revenue via its Cash app for first quarter of 2021
• VanEck ethereum trust

Links:

• Grayscale Adds Chainlink to Its Digital Large Cap Fund - CoinDesk
• Asset Manager CoinShares Launches Litecoin ETP
• Venture capitalists invest over $16B in blockchain equity since 2012

Bitcoin is up slightly at $56,344
Ethereum is up .5% at $1792
and Binance Coin is down slightly at 282.56

Top gainers in the last 24 hours:
Hedra Hashgraph up 36%
Theta Token up 26%
Ziliqa up 15%

Bidding for Beeple’s EVERYDAYS NFT on auction with Christies tops $13M.

Weibo has suspended Huobi, OKEx and Binance accounts.

Greyscale's ETF considerations.

Links:

• Bids for Beeple's 5000-day collection at over $13M as auction winds down
• Chinese social media Weibo suspends Huobi, OKEx and Binance accounts
• GBTC ETF prospectus

Ripple Drops YouTube Suit

Digital Currency Group Buys Up To $250 Million in Grayscale Bitcoin Trust

Links:

• Ripple ends YouTube lawsuit over XRP giveaway scams, says CEO
• Digital Currency Group to Put up to $250M Into Grayscale's Bitcoin Trust - CoinDesk

Bitcoin is up 1.5% at $46,525
Ethereum is up 1.7% at $1778
and Cardano is up 1% at .91

Top gainers in the last 24 hours:
Iota up 57%
TheGraph up 47%
VeChain up 17%

Amazon hires for digital currency project in Mexico.

Mastercard to support crypto before 2022.

Jack Dorsey donates $1M to Coin Center.

Nouriel Roubini tired of market shenanigans.

Links:

• Amazon Preparing to Launch a 'Digital Currency' Project in Mexico - CoinDesk
• Jerry Brito on Twitter: "Coin Center has received and incredibly generous gift of $1 million from @jack — we’re speechless. 😮 We were almost to our goal for the matching campaign when he put us over the top and then some. Your confidence in our work is incredibly humbling." / Twitter
• Why Mastercard is bringing crypto onto its network
• SEC Should Monitor Tesla's Elon Musk for Market Manipulation: Roubini - CoinDesk

Bible Message Found in Bitcoin Blockchain

Ether Sets High

Grayscale Soaks Up Bitcoin

Links:

• Bible quotation found in Bitcoin block number 666,666
• Ethereum's Ether Cryptocurrency Sets New Price Record on Major Exchanges - CoinDesk
• 'Pay attention' — Grayscale adds 18x the Bitcoin mined supply in one day

Coinbase Buys Routefire

Grayscale CEO Says Wider Range of Crypto Customers

Links:

• Coinbase acquires trading execution platform Routefire
• Grayscale CEO Says Crypto Interest Is Rising From Pension, Endowment Funds - CoinDesk

Bitcoin is up 10%% at $34,819
Ethereum is up 11% at $1139
and Litecoin is up 6% at 162 dollars

Top gainers in the last 24 hours:
Stellar up 96%
Cardano up 37%
and NEM up 33%

Bitcoin has crossed 35k for the first time.

Grayscale removes XRP from large-cap fund.

Tetragon sues Ripple for stock redemption.

Former Bakkt CEO Kelly Loeffler lost her senate seat in a run-off.

The office of the comptroller of the currency said federally regulated banks can use stable coins to conduct payments and other activities.

Links:

• Former Bakkt CEO Kelly Loeffler Loses Senate Seat - CoinDesk
• Ripple Investor Sues to Force Stock Redemption on SEC Claim - Bloomberg
• Grayscale Drops XRP From Large Cap Crypto Fund Following Ripple SEC Suit - CoinDesk
• OCC Letter on Banks Using Stablecoins, Acting as Blockchain Nodes | Cryptocurrency | Cheque

Grayscale Now Manages Digital Assets Worth Thirteen Billion Dollars

OCC Report: License FinTech "Shadow Banks"

Binance Shipping Binance Visa Crypto Debit Cards in Europe

Links:

• Grayscale Now Has $13B in Crypto Assets Under Management - CoinDesk
• OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers - CoinDesk
• Binance Visa cards are now shipping to European customers

Bitcoin is down 1% at $15,463
Ethereum is up 3.5% at $460
and XRP is up 1% at 26 cents

Top gainers in the last 24 hours:
Yearn.finance up 45%
Aave up 25%
Synthetix up 15%

The DOJ is working to stop Visa’s 5.3 billion dollar acquisition of Plaid.

Grayscale's Ethereum Trust crossed $1Billion in assets under management.

Square reports $1.63 billion in bitcoin sales in the Q3.

OKEx hires external legal counsel to resolve withdrawal issues.

ArDrive launches on Arweave.

Links:

• DOJ complaint re:Visa&Plaid
• Grayscale on Twitter: "MILESTONE: Grayscale #Ethereum Trust has just hit $1 billion AUM! As the first publicly-quoted $ETH investment product in the US and the second #digitalcurrency investment product to become an SEC reporting company, we're proud of the milestones so far. https://t.co/lgnBxHZR20 https://t.co/QFtnFQSDDy" / Twitter
• Square reports $1.63 billion in bitcoin sales for the third quarter via its Cash App - The Block
• ‘Permanent Dropbox’ App Launches on Arweave - CoinDesk
• OKEx says it has hired 'external legal counsel' to help resolve withdrawal issues - The Block

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Bitcoin is down 1% at $11,358
Ethereum is down 2% at $369
and XRP is down 2% at 24 cents

Top gainers in the last 24 hours:
FileCoin up 18%

Robinhood hack may have been larger than everyone thought.

OKEX has suspended all withdrawals due to an ongoing public security investigation into one of the key holders.

Russian mining company BitCluster is opening up an operation in the Arctic circle

Grayscale raised $1 billion for investment products in Q3.

Links:

• Grayscale sees more than $1 billion in new investments in Q3 - The Block
• Suspension of Digital assets/Cryptocurrencies Withdrawals – Help center
• Robinhood Hack: Almost 2,000 Accounts Infiltrated, More Widespread Than Known - Bloomberg
• A Russian Company Is Opening a Mining Farm in the Arctic - CoinDesk

MasterCard Reaches Out to Crypto

Coinsquare Accused of Wash Trading

Barry Silbert Says Bitcoin Beat the Ban

Links:

• Mastercard Expands Cryptocurrency Program for Crypto Card Issuers
• Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog - CoinDesk
• Wash Trading Definition
• Grayscale CEO: US Regulators Can’t Shut Down Bitcoin

Proof of Crypto S&P Options Trade by skew.

Two US Senators Threaten Stripe, Visa and MasterCard Over Libra

Grayscale Says Institutional Invest in Crypto Up!

Links:

• Tiny $217 Options Trade on Bitcoin Blockchain Could Be Wall Street's Death Knell - CoinDesk
• US Lawmakers Call on Payment Giants to Exit 'Chilling' Libra Project - CoinDesk
• Grayscale: Institutional Interest in Crypto Doubles in Q2