CryptoQuestion — April 2022 News Bulletin
About us: CryptoQuestion is an independent platform providing free resources for cryptocurrency investors. From an on-demand Q&A service to online courses, from books to our weekly Moonshot Monday podcast. Visit us at www.cryptoquestion.tech
Whilst the market was down 4% since last week sentiment gyrates between neutral to fearful. In the last month alone the market is up 8% although we are probably still in a bear market. However this isn’t your normal bear market. There are definite signs that sentiment could turn at the drop of a hat. The key to success is to ensure you stay in the game. Leave the flakes to nurse their wounds and go back to complaining about their bad luck and poor timing. We have better things to do.
Receive your free monthly newsletter by subscribing here
- Last month Biden finally announced the Executive Order. It was generally positive recognizing cryptocurrency was here to stay and seeing it as an opportunity rather than a threat. Although regulation was flagged as a concern as well as a priority.
- Every man and his rat dog has an idea for a DAO. We flagged this up last month and will do the same again now. Be very careful. The latest DAO project to flutter across our desk was Flyfish club. It is billed as the first members only dining club where membership is purchased on the blockchain as NFT’s. Of course the NFT sale is funding the capital cost of the venue with no profits flowing back to the NFT holders, only discounts and special offers etc.
- The UK’s FCA ordered operators to shut down crypto ATM’s. The Chancellor on the other hand announced his ambition to turn the UK into a crypto hub including regulating stablecoins.
- Crypto.com announced its initial launch in the US targeting professional investors to begin with and then rolling out their service to everyone else as soon as humanly possible, regulation…