02 Jan: OG Bitcoiner Hacked!

By theinspired | Inspiration | 2 Jan 2023


"A people free to choose will always choose peace."
 – Ronald Reagan

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Most Covered

  • Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds; Jan 8 Deadline.(7)
  • $500 million flows into Solana’s market cap as SOL jumps 15% in a day.(5)
  • Bitcoin core developer claims to have lost 200+ BTC in hack.(4)

Cryptocurrency market starts 2023 by reclaiming $800 billion market cap. World Economic Forum says Crypto and Blockchain Technologies will continue to be an "integral" part of modern economy.(2) Crypto Growth in Asia set to continue as Binance pushes for South Korean exchange acquisition. Italy approves 26% capital gains tax on cryptocurrencies. Australia Crypto ATM count rises despite tightening regulations.(3) Crypto makes history in 2022: Five governments embracing digital assets:

  • Brazil
  • The United Kingdom
  • El Salvador
  • The Central African Republic
  • United Arab Emirates

5 things to know in Bitcoin this week (Cointelegraph):

  • Bitcoin traders fear new lows amid flatlining price
  • Michael Burry warns inflation will return
  • Difficulty due to drop amid grim hash rate data
  • BTC supply goes to sleep
  • Sentiment in no-man’s land

Bitcoin price consolidates in key range and is still stuck at $16,700(2), Net Realized Profit/Loss points to new Trajectory. Bitcoin taker buy/sell ratio can’t give any clear signals as demand remains low. Bitcoin bullish signal is happening due to exchange Whale ratio continuing to decline.

Bitcoin firebrand Michael Saylor says that as a corporation, MicroStrategy is in a position to enjoy tax benefits by selling some of the firm’s Bitcoin; that is why they sold over $11,000,000 in $BTC before end of 2022. Billion-Dollar hedge fund Fir Tree is betting against Bitcoin and Grayscale, not just USDT. Bitcoin mining used more electricity than Sweden in 2022.

Ethereum price faces hurdles, $ETH is vulnerable below $1,250. Independent Ethereum educator, investor and advisor Anthony Sassano explained why he believes that 2023 is going to be a great year for Ethereum ($ETH). XRP price suddenly plummets by 12%. Ripple vs. SEC verdict likely as Hinman docs not so important, Lawyer John Deaton argues.(3) Attorney Jeremy Hogan says he owns $XRP because “Ripple can’t be sued again.” Dogecoin Foundation announces new fund for core developers; price jumps.(2) Cardano's DeFi industry might grow substantially in 2023. Polygon ($MATIC) price goes green as Whales buy dip; rise 3% in the past 24 hours.(2) Litecoin (LTC) on rise as It sets for bullish 2023.(2)

Sam Bankman-Fried denies transferring suspicious funds tied to Alameda. Sam Bankman-Fried’s Alameda Research troubles predate FTX. Sam Bankman-Fried will plead not guilty to fraud charges, faces 115 years if convicted.

Well that is a wrap folks, if you'd like to be in the know throughout the day, join me on Wubits where I am constantly sharing my thoughts about the Crypto market and personal development type topics. It's a community where you can meet REAL people, make REAL connections, and have REAL conversations.

WATCH

LISTEN

Podcast of the Day: 151 - Why Are We Here? with Erik Voorhees | Bankless

Other Podcast

  • Operating A Crypto Exchange In The United States Is Like Navigating a Minefield | Bobby Zagotta, CEO Of Bitstamp USA | The Wolf of All Streets
  • #192: Brad Kam, Co-Founder of Unstoppable Domains, on Web3 Domains and Owning Your Data | Cryptonews

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theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

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