Positive Crypto Adoption Amid Banking Crisis

Key Takeaways

• BTC sold off due to Mt Gox and government FUD. We’ve been here before. What’s next?
• First Republic stock sank 50% as $100B was withdrawn. The crisis continues, but is it good for Bitcoin?
• Franklin Templeton launched an on-chain mutual fund on Polygon and Stellar.
• Visa unveiled its crypto plan to “help us drive mainstream adoption of public blockchain networks and stablecoin payments.” It is hiring developers. Bullish.
• Venmo enabled transferring BTC, ETH, LTC and BCH in and out of the app.
• The team looks forward to DCG vs Genesis and the BTC halving in less than a year.
• Underappreciated news: Grimes wants you to produce music with her voice and AI but split profits 50/50. The recent news of Coinbase suing the SEC emboldens the crypto industry.