Main Focus: The US Federal Reserve Bank hikes interest rates and assets prices drop over the weekend. Lots of regulation & nation-state news.
At the time when Libra came into the scene, crypto was long in the midst of a bear market, DeFi was still in it’s nascent stages, and the top 100 cryptos were dominated by Layer 1 currency coins, smart contract tokens, and a few exchange tokens and stablecoins.
We begin to see the fruits of governmental action started in late 2021/early 2022 bear fruit, and mining news.
Report: “Fireblocks Digital Asset Insider, April ’22 ”
It’s an abbreviated post this week.