Crypto Rally and Wormhole Hack

Crypto News: BTC Rally, Wormhole Hack, ADA, LTC, SOL & More!!

By Guy

Hey Guys,

Last week was a busy week over at the Coin Bureau HQ, and that’s because it’s been a busy week in the crypto market!

I picked up more headlines than usual as part of my research, and that can only mean one thing: the crypto market could be about to reverse.

One headline that didn’t manage to make the cut was that institutional crypto investments have seen the second consecutive week of inflows after weeks of outflows. I reckon the crypto market pump at the end of the week made that clear enough, but there’s more to the story.

For example, India’s ministry of finance released a few regulations about cryptocurrency which many believed would be flat out banned in the country. A recent Deloitte survey suggests we could see up to 1 billion people invest in crypto because of this clarity.

Meanwhile in the United States, a landmark lawsuit has been launched against the IRS which could see staking rewards exempt from taxes (so long as they’re not sold of course). If this comes to pass, it could open the door to tax exemptions for crypto miners as well.

Last but not least we have the slow death of big tech which was put on full display by Meta’s 250 billion dollar stock crash. All the while, metaverse cryptos were rallying as a survey found that people want to live in a decentralised virtual world, not one controlled by corporations.

This is just a few of the things I talk about in today’s weekly crypto review. You best get excited, because this is a good one!

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Google Considers Blockchain: https://cointelegraph.com/news/alphab…
► 1B ETH Burn: https://cointelegraph.com/news/1b-wor…
► Cardano Block Size Increase: https://www.coindesk.com/tech/2022/02…
► Wormhole Hack: https://cointelegraph.com/news/wormho…
► Phantom Wallet Raise: https://cointelegraph.com/news/solana…
► Staking Rewards Taxation: https://decrypt.co/91984/what-irs-cou…
► Litecoin Mimblewimble: https://cointelegraph.com/news/liteco…
► India Crypto Regulations: https://cointelegraph.com/news/india-…

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

Latest videos

central bank cbdc plans
Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!!
central bank cbdc plans

Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!!

July 3, 2022 2 min read
CRAZIEST Crypto Hearing EVER Here’s What Went Down
CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!
CRAZIEST Crypto Hearing EVER Here’s What Went Down

CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!

June 30, 2022 2 min read
Top 5 BEST Hardware Wallets Which Are The SAFEST
Top 5 BEST Hardware Wallets: Which Are The SAFEST?!
Top 5 BEST Hardware Wallets Which Are The SAFEST

Top 5 BEST Hardware Wallets: Which Are The SAFEST?!

June 29, 2022 2 min read
Polkadot Deep Dive Can DOT survive the bear market
Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!
Polkadot Deep Dive Can DOT survive the bear market

Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!

June 28, 2022 2 min read
Crypto News Harmony Celsius Voyager Solana FATF
Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!
Crypto News Harmony Celsius Voyager Solana FATF

Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!

June 27, 2022 2 min read
bottom for crypto markets
Was This The Crypto BOTTOM?! Are We Heading LOWER?!
bottom for crypto markets

Was This The Crypto BOTTOM?! Are We Heading LOWER?!

June 26, 2022 2 min read
What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read

Related videos

central bank cbdc plans
Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!!
central bank cbdc plans

Crypto Holders WATCH OUT!! THIS Is The Future THEY Want!!

July 3, 2022 2 min read
CRAZIEST Crypto Hearing EVER Here’s What Went Down
CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!
CRAZIEST Crypto Hearing EVER Here’s What Went Down

CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!

June 30, 2022 2 min read
Top 5 BEST Hardware Wallets Which Are The SAFEST
Top 5 BEST Hardware Wallets: Which Are The SAFEST?!
Top 5 BEST Hardware Wallets Which Are The SAFEST

Top 5 BEST Hardware Wallets: Which Are The SAFEST?!

June 29, 2022 2 min read
Polkadot Deep Dive Can DOT survive the bear market
Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!
Polkadot Deep Dive Can DOT survive the bear market

Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!

June 28, 2022 2 min read
Crypto News Harmony Celsius Voyager Solana FATF
Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!
Crypto News Harmony Celsius Voyager Solana FATF

Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!

June 27, 2022 2 min read
bottom for crypto markets
Was This The Crypto BOTTOM?! Are We Heading LOWER?!
bottom for crypto markets

Was This The Crypto BOTTOM?! Are We Heading LOWER?!

June 26, 2022 2 min read
Three Arrows Capital What REALLY HAPPENED to 3AC
Three Arrows Capital: What REALLY HAPPENED to 3AC?!
Three Arrows Capital What REALLY HAPPENED to 3AC

Three Arrows Capital: What REALLY HAPPENED to 3AC?!

June 22, 2022 2 min read