04 Feb: Signs of Reversal?

04 Feb: Signs of Reversal?

By theinspired | Inspiration | 4 Feb 2022


"Don't live in the past or allow others to destroy your dreams."
-Bob Proctor

Bitcoin: $37,943.81 | Dom: 40.8% | HR: 201.673 EH/s
Support: $29K - Resistance: $38.4K 

BREAKING

  • Japan’s leading general trading company to issue country’s first gold-linked cryptocurrency
  • Scam alert! Binance CEO warns users of massive SMS phishing scam
  • MicroStrategy's Saylor floats new paths to buy more BTC and MicroStrategy Could Lend out Its Massive Bitcoin Stash for Yield - But There’s a Catch

JUST IN

  • Former Radkl employees leave to launch new quant hedge fund
  • Son Almost Kills Father In Attempt To Steal $400,000 In Cryptocurrency
  • 60-Year-Old Woman Arrested over €1 Million Crypto Scam

MARKET WATCH

  • Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K
  • Bitcoin price jumps above $40,000

NOTABLE VOICES

  • Robert Kiyosaki: Bitcoin ($BTC) Is Part of the Path to “Financial Heaven”
  • Jeremy Hogan: Ripple Lawsuit Might Be Exciting in Following Months
  • Mike Novogratz: Billionaire Investor  says ‘NFTs Will Lead Crypto/Web 3 in 2022’
  • Jack Dorsey: Former Twitter CEO Explains Why He Has More Confidence in Bitcoin Than Ethereum
  • Vitalik Buterin: Dogecoin will Migrate to PoS, says Ethereum Founder 
  • Li Jiang: A "unifying Web3 platform" will onboard 1 billion users by 2026, says Harmony COO

ALTCOINS

  • Ethereum Enters Accumulation Phase, Ignites Bullish Consolidation After Reaching Oversold Territory
  • Ethereum, Solana Mount Recovery Following Crypto Bridge Hack
  • Cardano-based DeFi protocol attracts 100 million native tokens staked in 3 days
  • One Ethereum Competitor ($XTZ) Is Surging in Price Despite Crypto Market Doldrums
  • Terra (LUNA) Bounces After 52% Decrease From All-Time High
  • Maker (MKR) Nears Breakout From 277-Day Resistance Level

ANALYST'S CORNER

  • Kraken: Cardano (ADA) Price Fall Amid Explosion in Daily Transactions Is Massively Bullish

ACQUISITIONS

  • Chainalysis acquires DC-based data and consultancy firm Abaxx

TALKABOUTABLE

  • Bipartisan Bill Proposes Tax Exemption for Small Crypto Transactions
  • MIT, Boston Fed go public with 'Project Hamilton' central bank digital currency research
  • South Park destroys Matt Damon's Crypto.com ad in season premiere

WEB3

  • Crypto investment firm raises $50 million for fund that will buy individual NFTs
  • Nike Sues StockX for Selling Unauthorized Sneaker Pics as NFTs
  • Nintendo hints it’s ‘interested’ in NFTs and metaverse
  • Wash Trading, Which Inflates NFT Prices, Growing ‘Area of Concern’ for Traders
  • NFT battles: Nike takes seller of unlicensed NFT sneakers to court
  • LABEL Foundation, a Novel DAO Mechanism, Introduces Web3 to Entertainment Segment
  • Esports Brand 100 Thieves Gives Out 300K Polygon NFTs—But Won’t Call Them NFTs
  • Moon Launches Revenue-Generating NFT Land Sale
  • One Simple Function Could Ruin Biggest NFT Collection in World: Details
  • Dogecoin Creator Sends His Personal DOGE NFT Collection to Sell on OpenSea
  • Music NFTs Are Taking Over 2022 – And Here’s Why
  • Nintendo Sees 'Great Potential' in the Metaverse—But It’s in No Rush, Says President
  • Majority of US consumers say no to Meta owning metaverse data: Survey

BLOCKCHAINS

  • Cardano Reports Massive Performance Improvements for ADA Open-Source Wallet

FOLLOW DAT MONEY

  • Global blockchain funding grows by 700% YoY surpassing $25 billion
  • Why The IOTA Foundation Donated £1M To The Imperial College
  • Trust Machines Secures $150 Million in Funding to Advance DeFi on Bitcoin
  • A DAO trying to free Julian Assange has raised $4 million and counting
  • Primex Finance Raises $5.7 Million, Stratos Technologies and CoinFund Co-Led Round
  • Crypto infrastructure startup Qredo closes $80 million raise led by Dan Tapiero’s 10T Holdings

PEOPLE ON THE MOVE

  • Netflix, Warner Bros Veteran Brian Rocha Joins Coinbase: Details

 

MORNING NEWS

  • UNIFY Financial Credit Union Launches Cryptocurrency Services In Special Promotion with Pro Football Player, Safety John Johnson III
  • Idaho Central launches bitcoin services
  • Tickets to This Year's Super Bowl Game Will Come With Souvenir NFTs
  • Reports Bored Ape creator in funding talks with A16z at $5B valuation
  • IRS May Not Tax Passive Income From Holding Crypto Right Away
  • Stocktwits.com Launches Crypto Trading Platform
  • Quantum computers could crack Bitcoins security in the next decade, scientists estimate
  • Bitcoin Ban Remains Possible in India, Says Finance Secretary
  • Justin Bieber Buys Another Bored Ape NFT, Pays $470K Worth of ETH
  • South Korea’s Largest Mobile-Gaming Company Netmarble Makes Metaverse Play
  • Japanese government considers relaxing strict coin listing rules
  • Bitcoin Reaches Key Inflection Point, Fresh Bounce Shows BTC Is Ripe For $40k Breakout
  • Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge
  • Bitcoin Rebounds to $38K, Here's Who Is Buying BTC
  • Bitcoin shows signs of an upside reversal, historical data suggests
  • Bitcoin bulls may ignore Friday’s $730M options expiry by saving their energy for $40K
  • 21Shares Launches “World’s First Physically-Backed” ETPs for Aave, Chainlink, and Uniswap
  • IMX token tumbles as GameStop dumps $42 million from Immutable X grant
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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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