Crypto News Recap - A Bitcoin Standard? - April 30- May 7, 2021

News Recap Synopsis and additional links found on the unchainedpodcast.com website:
https://unchainedpodcast.com/doge-up-13000-ytd/

Doge Up 13,000% YTD
+ Buy bitcoin right from your bank

It was a frothy week in crypto as Dogecoin made it two-thirds of the way to a dollar, and Ethereum Classic raced past $100 per coin in a 280% gain in just seven days, perhaps riding the momentum of ether, which also hit an ATH at $3,500+.

The market was not all froth. Underneath the head-shaking token gains, there was also hard news across the industry:
Soon, for the first time, US customers at hundreds of banks will be able to purchase BTC directly from their bank account.
Bitcoin’s Taproot Update looks like it could be approved over the next few months.
Uniswap v3 went live on Wednesday.
Galaxy Digital made the first $1b acquisition in the crypto industry.

In other news, PayPal might be looking into launching a stablecoin. Berkshire Hathaway’s Charlie Munger is NOT a fan of Bitcoin. EBay’s CEO made some exciting comments regarding NFTs in a recent interview. And, lastly, maybe working in crypto is not as glamorous as it is made out to be.

On the pods, I finally got to cover a story I’ve heard women in crypto chat about privately for years but were usually not willing to discuss publicly -- the gender disparity in crypto -- during a panel I moderated for the Amber Group. On Unconfirmed, Democratic candidate for New York City comptroller Reshma Patel describes why she believes blockchain technology could “future-proof” the city and its pension fund.

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This Week’s Crypto News…

Bitcoin in Your Bank Account?
https://www.cnbc.com/2021/05/05/bitcoin-is-coming-to-hundreds-of-us-banks-says-crypto-firm-nydig-.html

In an Effort to Bring More Privacy to Bitcoin, Its Taproot Activation Period Begins
https://www.coindesk.com/taproot-bitcoin-upgrade-improve-technology-software

Ether Streaks Past $3k
https://www.cnbc.com/2021/05/04/ethereum-eth-price-hits-record-high-above-3400.html

DeFi’s Unicorn Is Live
https://www.theblockcrypto.com/linked/103877/decentralized-exchange-protocol-uniswap-v3-goes-live-on-ethereum

Who Let the Doge Out?
https://decrypt.co/69941/dogecoin-surges-to-0-69-becoming-fourth-largest-crypto

Bitso, Coin Metrics, and Showtime Announce Funding Rounds
https://www.coindesk.com/2-2b-bitso-becomes-first-crypto-unicorn-in-latin-america

Crypto’s First Billion-Dollar Deal
https://markets.businessinsider.com/currencies/news/mike-novogratz-galaxy-digital-buys-bitgo-cryptocurrency-acquisition-merger-bitcoin-2021-5-1030391163

Quick Bits:
https://markets.businessinsider.com/currencies/news/mike-novogratz-galaxy-digital-buys-bitgo-cryptocurrency-acquisition-merger-bitcoin-2021-5-1030391163
https://decrypt.co/69805/ebay-crypto-payments-nft-market
https://www.coindesk.com/bitcoins-success-is-disgusting-berkshires-charlie-munger
https://www.coindesk.com/a16z-to-launch-1b-crypto-venture-fund-report
https://decrypt.co/70022/court-greenlights-irs-access-to-krakens-customer-data
https://www.forbes.com/sites/greatspeculations/2021/05/06/whats-happening-with-coinbase-stock/?sh=2a5c8d011901&utm_source=TWITTER&utm_medium=social&utm_content=4792130272&utm_campaign=sprinklrForbesCrypto

Fun Bits

Doge-sitting Pays
https://decrypt.co/69987/stimulus-checks-dogecoin-would-have-made-you


Maybe Crypto Isn’t So Fun
https://twitter.com/jonsyu/status/1389635626698297344

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