The Bitcoin Group #307 - Crypto Crash - Luna - Twitter on Hold - Coinbase Panic

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Ben Arc (https://twitter.com/arcbtc)
and Thomas Hunt (https://twitter.com/MadBitcoins)

THIS WEEK:

Bitcoin Price Falls 54% From Its High
https://www.wsj.com/articles/bitcoin-price-falls-by-half-from-its-high-11652118584

Bitcoin Returns To $30,000, Polkadot Leads Surge Among Major Cryptocurrencies
https://www.forbes.com/sites/ninabambysheva/2022/05/13/bitcoin-returns-to-30000-polkadot-leads-surge-among-major-cryptocurrencies/?sh=77b3de512362

Cryptocurrency Luna Crashes to $0 as UST Falls Further From Dollar Peg
https://www.cnbc.com/2022/05/13/cryptocurrency-luna-crashes-to-0-as-ust-falls-from-peg-bitcoin-rises.html

El Salvador's Bitcoin Experiment is Looking Like a Disaster
https://www.msn.com/en-gb/money/other/el-salvador-s-bitcoin-experiment-is-looking-like-a-disaster/ar-AAXdqrr

El Salvador Buys More Bitcoin After Ratings Agency Downgrades its Debt
https://arstechnica.com/tech-policy/2022/05/el-salvador-buys-more-bitcoin-after-ratings-agency-downgrades-its-debt/

El Salvador Unveils Bitcoin City Plans in the Middle of the Market Crash
https://interestingengineering.com/el-salvador-bitcoin-city-plans

Musk Puts Twitter Buy on Hold, Casting Doubt on $44B deal
https://apnews.com/article/elon-musk-technology-social-media-64b8534f53aa0213fbfd2245bacd6109

Coinbase Stock Tanks On Softer Q1 Revenues, Weak Trading Outlook As Bitcoin Crumbles
https://www.thestreet.com/markets/coinbase-stock-tanks-on-softer-q1-revenues-weak-trading-outlook

Coinbase Investors Fret About their Crypto Assets Amid Bankruptcy Fears at Coinbase
https://www.thestreet.com/crypto/news/coinbase-sec-disclosure-leaves-investors-fretting-about-their-crypto-assets-amid-bankruptcy-fears
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