18 Mar: Accumulation Mode

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"Who has a harder fight than he who is striving to overcome himself."

-Thomas a Kempis

BOTTOM LINE UP FRONT (BLUF)

Whales continue to be in accumulation mode as another one buys up 87 more BTC. Remember Michael Saylor said that Bitcoin is "digital scarcity" and once you can truly understand that, you too will accumulate as much Bitcoin as you possibly can. Nicholas Merten believes a Bitcoin and Altcoins rally is imminent as the market pulls out of this bearish lull for the start of 2022. 

Ripple continues to build out the ODL network and it appears they are starting to see widespread adoption; Brad Garlinghouse have said many times they are playing the long game. Global regulation continues with news covering UK, Russia, Ukraine, and here at home. Check out the Podcast of the Day as Pomp talks with Darius Dale about investing during a recession. 

  • $5,100,000,000 Bitcoin Enters Massive Crypto Accumulation Mode
  • Bullish (BTC) Structure Remains Intact Despite a Stalling Rally
  • holds $40K as on-balance volume hints at multi-month BTC price breakout
  • Commits 1 Billion $XRP to Create New Use Cases on the XRP Ledger
  • (VET) Could Be On The Verge Of A 40% Rally
  • Spikes by 26% This Week as "Shark and Whales" Accumulated 70,000 Tokens: Santiment Details

NOTABLE VOICES

  • Joe Lubin: Ethereum 2.0 Coming in Q2, 'Will Lay to Rest' Energy Concerns
  • Brad Garlinghouse: Ripple CEO Names 5 Jurisdictions That ‘Have Acknowledged XRP Is a Currency’ and Says Recent Court Against the SEC Is a Win for the Whole Crypto Industry
  • GameStop Announces Launch of Marketplace for Q2 2022
  • Beer: The World’s First Virtual Lager has Arrived
  • Rare Bears Discord phishing attack nabs $800K in
  • that hodl the most Bitcoin are ‘relentlessly expanding'
  • Bitcoin Difficulty Drops for Second Time in March
  • Competition among Bitcoin heats up as mining difficulty reaches an all-time high
  • Bitcoin TeraWulf Sets 2022 Hashrate Guidance

BLOCKCHAINS

  • Binance Smart Chain Surpassed Ethereum Transactions By 120M in February
  • RippleNet Listed as Direct Alternative to SWIFT by Arab Monetary Fund Group
  • Blockchain tracking sweetens the pay of cocoa farmers

EXCHANGES/BANKS

  • Facing Lawsuit Over Unlicensed Crypto Asset Sales
  • largest savings halts Bitcoin buys with hryvnia
  • Sberbank Receives to Issue Digital Assets
  • MaiCoin Crypto Exchange Weighs Nasdaq Listing: Report

WAR IN UKRAINE

  • Gitcoin's Scott Moore Talks Fundraising

REGULATION/LEGISLATION

  • Amendment to Securities Exchange Act Could Be a Bid to Rope in Crypto Markets
  • Argentine Senate to on IMF Agreement Discouraging Use of Cryptocurrencies
  • Could Provide Economic Lifeline
  • Lobbying Group Expands to New York State Capital
  • Watchdogs Issue Joint Warning Against Crypto Risks
  • to Expand Metaverse Offerings in BNB Chain Ecosystem with $4.5M Raise
  • Web 3 Gaming Platform on Terra Blockchain Gets $25M Boost From FTX, Jump Crypto

PODCASTS

  • The Pomp Podcast: #870 How To Invest During A Recession w/ Darius Dale
  • Untold Stories: Bitcoin and Democratizing Real Estate with Josip Rupena

Regulation and Society adoption

Events&meetings

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